Nokomis Capital, L.L.C. 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Nokomis Capital, L.L.C. disclosed 47 US equity positions worth $282.1m in its Q3 2025 13F filing. The largest position was MGM at 8.1% of the reported book, followed by IAUX and GDX. Against the Q2 2025 filing, it opened 10 new positions, added to 8 and reduced 19 among the top 47 holdings.
What did Nokomis Capital, L.L.C. own in Q3 2025? Top 47 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 8.1% | $22.8m | 658,037 | -6% | reduced |
| 2 | IAUX I-80 GOLD CORP | 7.8% | $21.9m | 22,924,269 | -12% | reduced | |
| 3 | GDX VANECK ETF TRUST | 6.0% | $17.0m | 222,985 | -7% | reduced | |
| 4 | CDE COEUR MNG INC | Basic Materials | 4.8% | $13.7m | 728,171 | -1% | reduced |
| 5 | NGDN NEW GOLD INC CDA | 4.8% | $13.6m | 1,888,182 | -1% | reduced | |
| 6 | NXE NEXGEN ENERGY LTD | Energy | 4.7% | $13.3m | 1,486,948 | -5% | reduced |
| 7 | HBM HUDBAY MINERALS INC | Basic Materials | 4.7% | $13.2m | 868,230 | -5% | reduced |
| 8 | BZH BEAZER HOMES USA INC | Consumer Cyclical | 4.1% | $11.5m | 469,522 | -7% | reduced |
| 9 | AR ANTERO RESOURCES CORP | Energy | 4.0% | $11.2m | 335,208 | 20% | added |
| 10 | GDXJ VANECK ETF TRUST | 3.0% | $8.5m | 86,315 | 0% | held | |
| 11 | SEADRILL LTD | 3.0% | $8.5m | 282,166 | -46% | reduced | |
| 12 | SPROTT ASSET MANAGEMENT LP | 3.0% | $8.3m | 531,121 | 11% | added | |
| 13 | SILJ AMPLIFY ETF TR | 2.8% | $8.0m | 345,605 | 0% | held | |
| 14 | SHOE SHOE CARNIVAL INC | 2.8% | $7.8m | 374,103 | 13% | added | |
| 15 | SPROTT ASSET MANAGEMENT LP | 2.6% | $7.3m | 541,123 | 22% | added | |
| 16 | CTRA COTERRA ENERGY INC | 2.6% | $7.3m | 310,517 | 54% | added | |
| 17 | HNRG HALLADOR ENERGY COMPANY | Utilities | 2.5% | $7.1m | 362,531 | 0% | held |
| 18 | ROMAN DBDR ACQUISITION CORP | 2.5% | $7.0m | 680,022 | -3% | reduced | |
| 19 | NPDEUR OSISKO DEVELOPMENT CORP | 2.4% | $6.8m | 2,000,000 | – | new | |
| 20 | I-80 GOLD CORP | 2.0% | $5.7m | 12,999,999 | – | new | |
| 21 | CNTY CENTURY CASINOS INC | 2.0% | $5.7m | 2,179,575 | -8% | reduced | |
| 22 | GFR GREENFIRE RES LTD NEW | 1.9% | $5.4m | 1,161,725 | 0% | held | |
| 23 | VZLA VIZSLA SILVER CORP | 1.8% | $4.9m | 1,143,852 | 0% | held | |
| 24 | ACR ACRES COMMERCIAL REALTY CORP | 1.7% | $4.9m | 232,114 | -9% | reduced | |
| 25 | OTG ACQUISITION CORP. I | 1.5% | $4.2m | 421,300 | – | new | |
| 26 | KREF KKR REAL ESTATE FIN TR INC | 1.5% | $4.2m | 461,838 | 36% | added | |
| 27 | C CITIGROUP INC | Financial Services | 1.3% | $3.6m | 35,642 | -33% | reduced |
| 28 | TRTX TPG RE FIN TR INC | Real Estate | 1.2% | $3.3m | 389,074 | 8% | added |
| 29 | FEIM FREQUENCY ELECTRS INC | 1.1% | $3.2m | 94,208 | -2% | reduced | |
| 30 | GLD SPDR GOLD TR | 0.7% | $2.0m | 5,717 | -82% | reduced | |
| 31 | AAPL APPLE INC | Technology | 0.7% | $2.0m | 7,900 | – | new |
| 32 | CRGY CRESCENT ENERGY COMPANY | 0.7% | $1.9m | 217,903 | 59% | added | |
| 33 | SLV ISHARES SILVER TR | 0.6% | $1.8m | 42,400 | – | new | |
| 34 | MACH NATURAL RESOURCES LP | 0.6% | $1.8m | 134,780 | -33% | reduced | |
| 35 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 0.6% | $1.7m | 10,220 | -52% | reduced |
| 36 | MLP MAUI LD & PINEAPPLE INC | 0.6% | $1.7m | 91,270 | 0% | held | |
| 37 | AGI ALAMOS GOLD INC NEW | Basic Materials | 0.6% | $1.7m | 48,405 | -8% | reduced |
| 38 | SBSW SIBANYE STILLWATER LTD | Basic Materials | 0.6% | $1.7m | 150,100 | – | new |
| 39 | SOC SABLE OFFSHORE CORP | 0.5% | $1.4m | 83,005 | 0% | held | |
| 40 | IBIT ISHARES BITCOIN TRUST ETF | 0.5% | $1.4m | 21,800 | – | new | |
| 41 | PPTA PERPETUA RESOURCES CORP | 0.4% | $1.3m | 62,033 | 0% | held | |
| 42 | CGAU CENTERRA GOLD INC | Basic Materials | 0.2% | $438.0k | 40,818 | -71% | reduced |
| 43 | XOP SPDR SERIES TRUST | 0.1% | $396.6k | 3,000 | – | new | |
| 44 | EEM ISHARES TR | 0.1% | $336.4k | 6,300 | – | new | |
| 45 | ROMAN DBDR ACQUISITION CORP | 0.1% | $192.7k | 374,299 | 0% | held | |
| 46 | ARKR ARK RESTAURANTS CORP | 0.1% | $147.9k | 20,771 | – | new | |
| 47 | MOBIX LABS INC | 0.0% | $2.7k | 30,093 | 0% | held |
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.