Merewether Investment Management, LP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Merewether Investment Management, LP disclosed 63 US equity positions worth $3.5bn in its Q2 2025 13F filing. The largest position was VST at 7.3% of the reported book, followed by EQT and TRGP. Against the Q1 2025 filing, it opened 14 new positions, added to 19 and reduced 17 among the top 50 holdings.
What did Merewether Investment Management, LP own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | VST VISTRA CORP | Utilities | 7.3% | $255.0m | 1,315,536 | -5% | reduced |
| 2 | EQT EQT CORP | Energy | 5.6% | $196.1m | 3,363,286 | 100% | added |
| 3 | TRGP TARGA RES CORP | Energy | 5.0% | $172.8m | 992,582 | 53% | added |
| 4 | SHEL SHELL PLC | Energy | 5.0% | $172.3m | 2,446,621 | 3% | added |
| 5 | KMI KINDER MORGAN INC DEL | Energy | 4.0% | $138.5m | 4,710,100 | – | new |
| 6 | SRE SEMPRA | Utilities | 3.7% | $127.1m | 1,676,932 | 322% | added |
| 7 | NI NISOURCE INC | Utilities | 3.5% | $121.3m | 3,006,194 | 55% | added |
| 8 | SU SUNCOR ENERGY INC NEW | Energy | 3.4% | $117.2m | 3,127,704 | -9% | reduced |
| 9 | ETR ENTERGY CORP NEW | Utilities | 2.9% | $101.8m | 1,224,300 | 3% | added |
| 10 | MTZ MASTEC INC | Industrials | 2.7% | $92.5m | 542,740 | -29% | reduced |
| 11 | CVE CENOVUS ENERGY INC | Energy | 2.4% | $82.8m | 6,090,722 | 65% | added |
| 12 | OVV OVINTIV INC | Energy | 2.4% | $81.7m | 2,146,196 | 17% | added |
| 13 | TLN TALEN ENERGY CORP | Utilities | 2.3% | $79.4m | 273,159 | 93% | added |
| 14 | NVT NVENT ELECTRIC PLC | Industrials | 2.3% | $78.2m | 1,067,874 | – | new |
| 15 | EXMOC EXXON MOBIL CORP | 2.2% | $75.5m | 700,393 | -25% | reduced | |
| 16 | EXE EXPAND ENERGY CORPORATION | Energy | 2.2% | $75.1m | 641,875 | -3% | reduced |
| 17 | PR PERMIAN RESOURCES CORP | Energy | 2.1% | $73.6m | 5,404,237 | -8% | reduced |
| 18 | MOS MOSAIC CO NEW | Basic Materials | 2.1% | $72.4m | 1,984,100 | – | new |
| 19 | VLO VALERO ENERGY CORP | Energy | 2.1% | $71.4m | 531,431 | 47% | added |
| 20 | HUBB HUBBELL INC | Industrials | 2.0% | $68.2m | 166,900 | – | new |
| 21 | PNW PINNACLE WEST CAP CORP | Utilities | 1.9% | $65.7m | 734,180 | 4% | added |
| 22 | GEV GE VERNOVA INC | Industrials | 1.9% | $64.7m | 122,356 | -40% | reduced |
| 23 | XEL XCEL ENERGY INC | Utilities | 1.9% | $64.4m | 945,110 | – | new |
| 24 | FANG DIAMONDBACK ENERGY INC | Energy | 1.7% | $58.2m | 423,650 | 111% | added |
| 25 | CNQ CANADIAN NAT RES LTD | Energy | 1.6% | $57.0m | 1,816,463 | -4% | reduced |
| 26 | ATO ATMOS ENERGY CORP | Utilities | 1.5% | $53.7m | 348,536 | 4% | added |
| 27 | CNP CENTERPOINT ENERGY INC | Utilities | 1.4% | $49.4m | 1,343,863 | 4% | added |
| 28 | FLS FLOWSERVE CORP | Industrials | 1.3% | $46.6m | 889,300 | – | new |
| 29 | KGS KODIAK GAS SVCS INC | Energy | 1.2% | $40.6m | 1,185,125 | -3% | reduced |
| 30 | FCX FREEPORT-MCMORAN INC | Basic Materials | 1.1% | $39.8m | 918,156 | -11% | reduced |
| 31 | ITRI ITRON INC | Technology | 1.1% | $39.6m | 300,787 | 1553% | added |
| 32 | GNRC GENERAC HLDGS INC | Industrials | 1.1% | $38.1m | 265,899 | – | new |
| 33 | DTM DT MIDSTREAM INC | Energy | 1.1% | $37.6m | 342,200 | 810% | added |
| 34 | FIX COMFORT SYS USA INC | Industrials | 1.1% | $37.2m | 69,395 | – | new |
| 35 | IAG IAMGOLD CORP | Basic Materials | 1.1% | $36.9m | 5,018,690 | 15% | added |
| 36 | MPC MARATHON PETE CORP | Energy | 1.0% | $35.5m | 214,000 | – | new |
| 37 | OGE OGE ENERGY CORP | Utilities | 1.0% | $34.8m | 783,825 | -14% | reduced |
| 38 | VNOM VIPER ENERGY INC | 1.0% | $34.0m | 890,982 | – | new | |
| 39 | HES HESS CORP | 1.0% | $33.3m | 240,085 | -21% | reduced | |
| 40 | FSLR FIRST SOLAR INC | Technology | 0.9% | $32.9m | 198,600 | 287% | added |
| 41 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 0.8% | $28.0m | 1,237,554 | – | new |
| 42 | KGC KINROSS GOLD CORP | Basic Materials | 0.8% | $26.8m | 1,717,548 | -20% | reduced |
| 43 | RIOT RIOT PLATFORMS INC | Financial Services | 0.8% | $26.7m | 2,359,300 | – | new |
| 44 | ET ENERGY TRANSFER L P | Energy | 0.7% | $23.9m | 1,315,612 | -46% | reduced |
| 45 | BKV BKV CORP | 0.6% | $21.1m | 876,517 | 4% | added | |
| 46 | IREN IREN LIMITED | Financial Services | 0.6% | $21.0m | 1,443,000 | – | new |
| 47 | B BARRICK MNG CORP | Basic Materials | 0.6% | $20.0m | 962,500 | – | new |
| 48 | TS TENARIS S A | Energy | 0.6% | $20.0m | 533,515 | -59% | reduced |
| 49 | BKR BAKER HUGHES COMPANY | Energy | 0.5% | $18.1m | 471,146 | -30% | reduced |
| 50 | FTI TECHNIPFMC PLC | Energy | 0.5% | $16.8m | 487,338 | -65% | reduced |
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.