Thomist Capital Management, LP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Thomist Capital Management, LP disclosed 35 US equity positions worth $165.8m in its Q2 2025 13F filing. The largest position was SEADRILL LTD at 20.0% of the reported book, followed by CMC and HBM. Against the Q1 2025 filing, it opened 23 new positions, added to 5 and reduced 7 among the top 35 holdings.
What did Thomist Capital Management, LP own in Q2 2025? Top 35 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SEADRILL LTD | 20.0% | $33.2m | 1,273,094 | -21% | reduced | |
| 2 | CMC COMMERCIAL METALS CO | Industrials | 9.0% | $14.9m | 298,871 | – | new |
| 3 | HBM HUDBAY MINERALS INC | Basic Materials | 8.1% | $13.4m | 1,268,513 | -25% | reduced |
| 4 | DK DELEK US HLDGS INC NEW | Energy | 7.9% | $13.1m | 615,907 | – | new |
| 5 | METC RAMACO RES INC | Basic Materials | 6.7% | $11.1m | 905,747 | – | new |
| 6 | AA ALCOA CORP | Basic Materials | 4.5% | $7.4m | 260,437 | – | new |
| 7 | TSN TYSON FOODS INC | Consumer Defensive | 3.6% | $6.0m | 109,100 | 615% | added |
| 8 | IPX IPERIONX LTD | 3.5% | $5.8m | 1,885,203 | – | new | |
| 9 | WLK WESTLAKE CORPORATION | Basic Materials | 3.3% | $5.5m | 71,600 | 55% | added |
| 10 | GSM FERROGLOBE PLC | Basic Materials | 3.1% | $5.2m | 1,418,951 | -29% | reduced |
| 11 | OLN OLIN CORP | Basic Materials | 3.1% | $5.2m | 252,331 | – | new |
| 12 | PARR PAR PAC HOLDINGS INC | Energy | 3.1% | $5.1m | 192,131 | 72% | added |
| 13 | GLD SPDR GOLD TR | 2.7% | $4.4m | 14,700 | -55% | reduced | |
| 14 | MTDR MATADOR RES CO | Energy | 2.6% | $4.3m | 88,952 | – | new |
| 15 | CENX CENTURY ALUM CO | Basic Materials | 2.4% | $4.0m | 221,746 | 489% | added |
| 16 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 2.3% | $3.7m | 98,059 | -66% | reduced |
| 17 | TKR TIMKEN CO | Industrials | 1.8% | $3.1m | 41,800 | – | new |
| 18 | DINO HF SINCLAIR CORP | Energy | 1.8% | $2.9m | 70,604 | -87% | reduced |
| 19 | IAG IAMGOLD CORP | Basic Materials | 1.7% | $2.8m | 398,400 | – | new |
| 20 | LBRT LIBERTY ENERGY INC | Energy | 1.5% | $2.4m | 210,700 | – | new |
| 21 | SGML SIGMA LITHIUM CORPORATION | Basic Materials | 1.2% | $2.0m | 433,914 | -2% | reduced |
| 22 | VOO VANGUARD INDEX FDS | 1.0% | $1.6m | 2,812 | – | new | |
| 23 | PEJ INVESCO EXCHANGE TRADED FD T | 0.8% | $1.4m | 24,600 | – | new | |
| 24 | IREN IREN LIMITED | Financial Services | 0.6% | $938.0k | 67,000 | – | new |
| 25 | SM SM ENERGY CO | Energy | 0.6% | $931.2k | 37,100 | – | new |
| 26 | RIOT RIOT PLATFORMS INC | Financial Services | 0.5% | $867.2k | 82,200 | – | new |
| 27 | LUV SOUTHWEST AIRLS CO | Industrials | 0.5% | $852.2k | 26,500 | – | new |
| 28 | INVX INNOVEX INTERNATIONAL INC | 0.5% | $761.2k | 48,609 | 137% | added | |
| 29 | WGO WINNEBAGO INDS INC | Consumer Cyclical | 0.4% | $597.9k | 20,500 | – | new |
| 30 | SNCY SUN CTRY AIRLS HLDGS INC | 0.3% | $506.8k | 42,700 | – | new | |
| 31 | CWH CAMPING WORLD HLDGS INC | Consumer Cyclical | 0.3% | $495.4k | 27,400 | – | new |
| 32 | THO THOR INDS INC | Consumer Cyclical | 0.3% | $484.5k | 5,400 | – | new |
| 33 | DOO BRP INC | Consumer Cyclical | 0.2% | $357.4k | 7,400 | – | new |
| 34 | PII POLARIS INC | Consumer Cyclical | 0.2% | $307.1k | 7,500 | – | new |
| 35 | SPHR SPHERE ENTERTAINMENT CO | Communication Services | 0.1% | $212.3k | 5,000 | – | 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.