Merewether Investment Management, LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Merewether Investment Management, LP disclosed 54 US equity positions worth $2.8bn in its Q1 2025 13F filing. The largest position was SHEL at 6.3% of the reported book, followed by VST and SU. Against the Q4 2024 filing, it opened 15 new positions, added to 17 and reduced 18 among the top 50 holdings.
What did Merewether Investment Management, LP own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | SHEL SHELL PLC | Energy | 6.3% | $174.5m | 2,381,806 | 5% | added |
| 2 | VST VISTRA CORP | Utilities | 5.9% | $163.3m | 1,390,884 | 43% | added |
| 3 | SU SUNCOR ENERGY INC NEW | Energy | 4.8% | $133.2m | 3,439,415 | – | new |
| 4 | TRGP TARGA RES CORP | Energy | 4.7% | $130.2m | 649,263 | -31% | reduced |
| 5 | EXMOC EXXON MOBIL CORP | 4.0% | $110.3m | 927,767 | 136% | added | |
| 6 | ETR ENTERGY CORP NEW | Utilities | 3.7% | $101.2m | 1,184,164 | -17% | reduced |
| 7 | EQT EQT CORP | Energy | 3.3% | $89.9m | 1,683,257 | -22% | reduced |
| 8 | MTZ MASTEC INC | Industrials | 3.2% | $88.8m | 761,016 | 122% | added |
| 9 | PR PERMIAN RESOURCES CORP | Energy | 2.9% | $81.2m | 5,861,351 | 62% | added |
| 10 | OVV OVINTIV INC | Energy | 2.8% | $78.4m | 1,830,865 | – | new |
| 11 | AR ANTERO RESOURCES CORP | Energy | 2.8% | $77.8m | 1,923,539 | 7% | added |
| 12 | NI NISOURCE INC | Utilities | 2.8% | $77.6m | 1,936,831 | 50% | added |
| 13 | TRP TC ENERGY CORP | Energy | 2.8% | $76.7m | 1,624,808 | -54% | reduced |
| 14 | EXE EXPAND ENERGY CORPORATION | Energy | 2.7% | $74.0m | 664,682 | 33% | added |
| 15 | PPL PPL CORP | Utilities | 2.6% | $71.1m | 1,968,812 | -9% | reduced |
| 16 | PNW PINNACLE WEST CAP CORP | Utilities | 2.4% | $67.3m | 706,270 | -14% | reduced |
| 17 | GEV GE VERNOVA INC | Industrials | 2.3% | $62.3m | 203,942 | -19% | reduced |
| 18 | CNQ CANADIAN NAT RES LTD | Energy | 2.1% | $58.3m | 1,894,408 | 204% | added |
| 19 | ATO ATMOS ENERGY CORP | Utilities | 1.9% | $51.7m | 334,694 | -3% | reduced |
| 20 | CVE CENOVUS ENERGY INC | Energy | 1.9% | $51.2m | 3,681,626 | -15% | reduced |
| 21 | NEM NEWMONT CORP | Basic Materials | 1.8% | $50.7m | 1,050,477 | – | new |
| 22 | TS TENARIS S A | Energy | 1.8% | $50.6m | 1,293,733 | 141% | added |
| 23 | HES HESS CORP | 1.8% | $48.5m | 303,600 | – | new | |
| 24 | VLO VALERO ENERGY CORP | Energy | 1.7% | $47.7m | 361,468 | 20% | added |
| 25 | CNP CENTERPOINT ENERGY INC | Utilities | 1.7% | $46.8m | 1,291,600 | – | new |
| 26 | KGS KODIAK GAS SVCS INC | Energy | 1.7% | $45.7m | 1,225,564 | 31% | added |
| 27 | COP CONOCOPHILLIPS | Energy | 1.7% | $45.7m | 435,159 | -69% | reduced |
| 28 | ET ENERGY TRANSFER L P | Energy | 1.6% | $45.1m | 2,426,212 | -7% | reduced |
| 29 | FTI TECHNIPFMC PLC | Energy | 1.6% | $44.0m | 1,387,519 | 186% | added |
| 30 | OGE OGE ENERGY CORP | Utilities | 1.5% | $42.0m | 914,791 | -15% | reduced |
| 31 | TXNM TXNM ENERGY INC | Utilities | 1.5% | $39.9m | 746,700 | – | new |
| 32 | FCX FREEPORT-MCMORAN INC | Basic Materials | 1.4% | $39.2m | 1,036,500 | – | new |
| 33 | FANG DIAMONDBACK ENERGY INC | Energy | 1.2% | $32.1m | 200,673 | -9% | reduced |
| 34 | NUE NUCOR CORP | Basic Materials | 1.2% | $32.0m | 265,694 | – | new |
| 35 | BKR BAKER HUGHES COMPANY | Energy | 1.1% | $29.8m | 676,930 | – | new |
| 36 | KNTK KINETIK HOLDINGS INC | Energy | 1.1% | $29.4m | 566,200 | 185% | added |
| 37 | LBRT LIBERTY ENERGY INC | Energy | 1.1% | $29.2m | 1,847,214 | – | new |
| 38 | SRE SEMPRA | Utilities | 1.0% | $28.4m | 397,501 | – | new |
| 39 | TLN TALEN ENERGY CORP | Utilities | 1.0% | $28.3m | 141,633 | -42% | reduced |
| 40 | IAG IAMGOLD CORP | Basic Materials | 1.0% | $27.3m | 4,366,900 | – | new |
| 41 | KGC KINROSS GOLD CORP | Basic Materials | 1.0% | $27.0m | 2,142,476 | -16% | reduced |
| 42 | EVRG EVERGY INC | Utilities | 0.9% | $26.0m | 376,700 | – | new |
| 43 | HCC WARRIOR MET COAL INC | Basic Materials | 0.9% | $24.6m | 515,612 | 4% | added |
| 44 | BKV BKV CORP | 0.6% | $17.7m | 844,858 | 4% | added | |
| 45 | FLEX FLEX LTD | Technology | 0.5% | $15.1m | 456,036 | -72% | reduced |
| 46 | RS RELIANCE INC | Basic Materials | 0.4% | $11.1m | 38,599 | 4% | added |
| 47 | CCJ CAMECO CORP | Energy | 0.2% | $6.7m | 162,320 | -72% | reduced |
| 48 | FSLR FIRST SOLAR INC | Technology | 0.2% | $6.5m | 51,356 | -72% | reduced |
| 49 | WEATHERFORD INTL PLC | 0.2% | $5.2m | 97,554 | – | new | |
| 50 | DINO HF SINCLAIR CORP | Energy | 0.2% | $5.0m | 152,214 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.