Thomist Capital Management, LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Thomist Capital Management, LP disclosed 58 US equity positions worth $366.6m in its Q4 2025 13F filing. The largest position was SEADRILL LTD at 17.3% of the reported book, followed by SOC and CNR. Against the Q3 2025 filing, it opened 24 new positions, added to 18 and reduced 8 among the top 50 holdings.
What did Thomist Capital Management, LP own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SEADRILL LTD | 17.3% | $63.4m | 1,835,718 | 45% | added | |
| 2 | SOC SABLE OFFSHORE CORP | 5.8% | $21.3m | 1,818,181 | – | new | |
| 3 | CNR CORE NATURAL RESOURCES INC | Energy | 5.7% | $20.7m | 234,000 | – | new |
| 4 | MPC MARATHON PETE CORP | Energy | 4.3% | $15.7m | 96,100 | – | new |
| 5 | B BARRICK MNG CORP | Basic Materials | 4.0% | $14.6m | 330,600 | 63% | added |
| 6 | AMPY AMPLIFY ENERGY CORP NEW | 4.0% | $14.6m | 3,147,130 | – | new | |
| 7 | NUE NUCOR CORP | Basic Materials | 3.9% | $14.3m | 86,500 | 383% | added |
| 8 | DINO HF SINCLAIR CORP | Energy | 3.9% | $14.3m | 308,082 | -1% | reduced |
| 9 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 3.6% | $13.2m | 360,803 | -46% | reduced |
| 10 | HBM HUDBAY MINERALS INC | Basic Materials | 3.3% | $11.9m | 599,600 | – | new |
| 11 | OLN OLIN CORP | Basic Materials | 2.9% | $10.6m | 505,833 | -19% | reduced |
| 12 | LIN LINDE PLC | Basic Materials | 2.8% | $10.4m | 24,350 | – | new |
| 13 | SM SM ENERGY CO | Energy | 2.8% | $10.4m | 552,905 | – | new |
| 14 | BTE BAYTEX ENERGY CORP | Energy | 2.6% | $9.7m | 2,980,698 | – | new |
| 15 | VLRS CONTROLADORA VUELA COMP DE A | 2.4% | $8.9m | 1,009,652 | 4% | added | |
| 16 | WLK WESTLAKE CORPORATION | Basic Materials | 2.3% | $8.4m | 111,900 | 142% | added |
| 17 | IAG IAMGOLD CORP | Basic Materials | 2.3% | $8.3m | 493,625 | -53% | reduced |
| 18 | SNCY SUN CTRY AIRLS HLDGS INC | 2.2% | $8.0m | 555,935 | 1864% | added | |
| 19 | GPRE GREEN PLAINS INC | Basic Materials | 2.0% | $7.3m | 747,192 | 620% | added |
| 20 | GSM FERROGLOBE PLC | Basic Materials | 1.8% | $6.7m | 1,450,407 | -3% | reduced |
| 21 | RICE ACQUISITION CORP 3 | 1.4% | $5.2m | 500,000 | – | new | |
| 22 | PSX PHILLIPS 66 | Energy | 1.4% | $5.0m | 38,900 | – | new |
| 23 | CVI CVR ENERGY INC | Energy | 1.4% | $5.0m | 199,200 | – | new |
| 24 | GLD SPDR GOLD TR | 1.3% | $4.8m | 12,150 | -75% | reduced | |
| 25 | LUV SOUTHWEST AIRLS CO | Industrials | 1.2% | $4.2m | 102,860 | 86% | added |
| 26 | KRE SPDR SERIES TRUST | 1.1% | $4.1m | 62,500 | -71% | reduced | |
| 27 | CENX CENTURY ALUM CO | Basic Materials | 1.1% | $4.0m | 100,000 | 19% | added |
| 28 | AESI ATLAS ENERGY SOLUTIONS INC | 1.1% | $3.9m | 407,316 | – | new | |
| 29 | VTWO VANGUARD SCOTTSDALE FDS | 1.0% | $3.6m | 35,710 | 760% | added | |
| 30 | INR INFINITY NAT RES INC | 0.8% | $3.1m | 202,795 | – | new | |
| 31 | BG BUNGE GLOBAL SA | Consumer Defensive | 0.8% | $3.0m | 33,600 | -87% | reduced |
| 32 | CC CHEMOURS CO | Basic Materials | 0.8% | $2.9m | 245,400 | – | new |
| 33 | LBRT LIBERTY ENERGY INC | Energy | 0.6% | $2.2m | 117,713 | – | new |
| 34 | OIS OIL STS INTL INC | Energy | 0.5% | $2.0m | 288,084 | – | new |
| 35 | WGO WINNEBAGO INDS INC | Consumer Cyclical | 0.5% | $1.9m | 46,700 | 36% | added |
| 36 | THO THOR INDS INC | Consumer Cyclical | 0.5% | $1.9m | 18,360 | 108% | added |
| 37 | SLV ISHARES SILVER TR | 0.5% | $1.8m | 26,100 | – | new | |
| 38 | PII POLARIS INC | Consumer Cyclical | 0.4% | $1.6m | 25,048 | 7% | added |
| 39 | CWH CAMPING WORLD HLDGS INC | Consumer Cyclical | 0.4% | $1.6m | 163,980 | 113% | added |
| 40 | COPA HOLDINGS SA | 0.4% | $1.4m | 11,660 | 139% | added | |
| 41 | SPHR SPHERE ENTERTAINMENT CO | Communication Services | 0.4% | $1.4m | 14,270 | 186% | added |
| 42 | ALB ALBEMARLE CORP | Basic Materials | 0.3% | $1.2m | 8,500 | – | new |
| 43 | UAL UNITED AIRLS HLDGS INC | Industrials | 0.3% | $1.1m | 9,710 | – | new |
| 44 | IGV ISHARES TR | 0.3% | $995.0k | 9,300 | – | new | |
| 45 | RGR STURM RUGER & CO INC | Industrials | 0.2% | $746.0k | 22,940 | 155% | added |
| 46 | HUT HUT 8 CORP | Financial Services | 0.2% | $629.4k | 13,600 | – | new |
| 47 | CRWV COREWEAVE INC | Technology | 0.1% | $546.9k | 7,400 | – | new |
| 48 | APLD APPLIED DIGITAL CORP | Technology | 0.1% | $522.5k | 21,700 | 55% | added |
| 49 | ORCL ORACLE CORP | Technology | 0.1% | $512.7k | 2,600 | – | new |
| 50 | AAL AMERICAN AIRLS GROUP INC | Industrials | 0.1% | $483.3k | 31,580 | – | 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.