Merewether Investment Management, LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Merewether Investment Management, LP disclosed 70 US equity positions worth $4.2bn in its Q3 2025 13F filing. The largest position was ETR at 4.8% of the reported book, followed by MTZ and SRE. Against the Q2 2025 filing, it opened 18 new positions, added to 20 and reduced 11 among the top 50 holdings.
What did Merewether Investment Management, LP own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | ETR ENTERGY CORP NEW | Utilities | 4.8% | $200.2m | 2,148,000 | 75% | added |
| 2 | MTZ MASTEC INC | Industrials | 4.4% | $184.6m | 867,240 | 60% | added |
| 3 | SRE SEMPRA | Utilities | 4.2% | $175.4m | 1,949,432 | 16% | added |
| 4 | NVT NVENT ELECTRIC PLC | Industrials | 4.0% | $167.7m | 1,699,674 | 59% | added |
| 5 | EXE EXPAND ENERGY CORPORATION | Energy | 3.9% | $161.2m | 1,517,475 | 136% | added |
| 6 | SU SUNCOR ENERGY INC NEW | Energy | 3.7% | $154.0m | 3,681,304 | 18% | added |
| 7 | EQT EQT CORP | Energy | 3.6% | $148.9m | 2,735,086 | -19% | reduced |
| 8 | XEL XCEL ENERGY INC | Utilities | 3.4% | $142.3m | 1,763,910 | 87% | added |
| 9 | TRGP TARGA RES CORP | Energy | 3.2% | $133.7m | 798,177 | -20% | reduced |
| 10 | NI NISOURCE INC | Utilities | 3.0% | $127.1m | 2,934,594 | -2% | reduced |
| 11 | CVE CENOVUS ENERGY INC | Energy | 2.9% | $121.3m | 7,138,222 | 17% | added |
| 12 | DTM DT MIDSTREAM INC | Energy | 2.7% | $113.1m | 1,000,600 | 192% | added |
| 13 | PR PERMIAN RESOURCES CORP | Energy | 2.7% | $113.1m | 8,836,137 | 64% | added |
| 14 | VLO VALERO ENERGY CORP | Energy | 2.6% | $108.1m | 634,731 | 19% | added |
| 15 | BKR BAKER HUGHES COMPANY | Energy | 2.5% | $105.5m | 2,165,846 | 360% | added |
| 16 | TLN TALEN ENERGY CORP | Utilities | 2.5% | $102.6m | 241,159 | -12% | reduced |
| 17 | DD DUPONT DE NEMOURS INC | Basic Materials | 2.4% | $99.7m | 1,279,700 | – | new |
| 18 | CNP CENTERPOINT ENERGY INC | Utilities | 2.3% | $96.7m | 2,493,500 | 86% | added |
| 19 | FSLR FIRST SOLAR INC | Technology | 2.2% | $92.8m | 420,700 | 112% | added |
| 20 | CMI CUMMINS INC | Industrials | 2.2% | $91.1m | 215,800 | – | new |
| 21 | B BARRICK MNG CORP | Basic Materials | 2.1% | $86.8m | 2,647,300 | 175% | added |
| 22 | NRG NRG ENERGY INC | Utilities | 2.1% | $86.0m | 530,726 | – | new |
| 23 | HUBB HUBBELL INC | Industrials | 2.0% | $85.2m | 198,000 | 19% | added |
| 24 | KMI KINDER MORGAN INC DEL | Energy | 1.9% | $78.3m | 2,765,800 | -41% | reduced |
| 25 | EXMOC EXXON MOBIL CORP | 1.9% | $78.2m | 693,893 | -1% | reduced | |
| 26 | BG BUNGE GLOBAL SA | Consumer Defensive | 1.8% | $74.9m | 921,700 | – | new |
| 27 | FANG DIAMONDBACK ENERGY INC | Energy | 1.7% | $72.8m | 508,750 | 20% | added |
| 28 | OVV OVINTIV INC | Energy | 1.7% | $70.5m | 1,747,097 | -19% | reduced |
| 29 | FTI TECHNIPFMC PLC | Energy | 1.5% | $60.9m | 1,544,135 | 217% | added |
| 30 | SHEL SHELL PLC | Energy | 1.3% | $53.7m | 750,821 | -69% | reduced |
| 31 | AYI ACUITY INC | Industrials | 1.2% | $50.7m | 147,100 | – | new |
| 32 | RIOT RIOT PLATFORMS INC | Financial Services | 1.1% | $47.8m | 2,510,000 | 6% | added |
| 33 | IAG IAMGOLD CORP | Basic Materials | 1.1% | $44.4m | 3,432,590 | -32% | reduced |
| 34 | GTX GARRETT MOTION INC | Consumer Cyclical | 1.0% | $40.6m | 2,980,200 | – | new |
| 35 | LGN LEGENCE CORP | Industrials | 1.0% | $40.3m | 1,306,852 | – | new |
| 36 | STNG SCORPIO TANKERS INC | Energy | 0.9% | $38.5m | 686,361 | – | new |
| 37 | CVX CHEVRON CORP NEW | Energy | 0.9% | $37.3m | 240,000 | – | new |
| 38 | DINO HF SINCLAIR CORP | Energy | 0.9% | $35.7m | 682,400 | – | new |
| 39 | CMC COMMERCIAL METALS CO | Industrials | 0.6% | $26.8m | 468,700 | – | new |
| 40 | VNOM VIPER ENERGY INC | Energy | 0.6% | $26.7m | 697,582 | – | new |
| 41 | STLD STEEL DYNAMICS INC | Basic Materials | 0.6% | $26.5m | 189,800 | – | new |
| 42 | ECG EVERUS CONSTR GROUP | 0.6% | $24.8m | 289,700 | – | new | |
| 43 | COPX GLOBAL X FDS | 0.5% | $22.7m | 379,500 | – | new | |
| 44 | MOS MOSAIC CO NEW | Basic Materials | 0.5% | $22.0m | 634,800 | -68% | reduced |
| 45 | WBI WATERBRIDGE INFRASTRUCTURE L | 0.5% | $22.0m | 870,400 | – | new | |
| 46 | NXT NEXTRACKER INC | Technology | 0.5% | $20.8m | 280,875 | 80% | added |
| 47 | WLK WESTLAKE CORPORATION | Basic Materials | 0.5% | $20.7m | 268,400 | – | new |
| 48 | BKV BKV CORP | 0.5% | $20.3m | 876,517 | 0% | held | |
| 49 | GNRC GENERAC HLDGS INC | Industrials | 0.5% | $19.0m | 113,799 | -57% | reduced |
| 50 | DNN DENISON MINES CORP | Energy | 0.4% | $18.8m | 6,819,900 | – | 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.