Yaupon Capital Management LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Yaupon Capital Management LP disclosed 92 US equity positions worth $2.0bn in its Q4 2025 13F filing. The largest position was NFG at 4.3% of the reported book, followed by BP and CVE. Against the Q3 2025 filing, it opened 19 new positions, added to 16 and reduced 14 among the top 50 holdings.
What did Yaupon Capital Management LP own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NFG NATIONAL FUEL GAS CO | Energy | 4.3% | $88.5m | 1,105,979 | 521% | added |
| 2 | BP BP PLC | Energy | 3.8% | $77.5m | 2,231,295 | -12% | reduced |
| 3 | CVE CENOVUS ENERGY INC | Energy | 3.6% | $73.5m | 4,346,820 | 34% | added |
| 4 | OVV OVINTIV INC | Energy | 3.2% | $65.9m | 1,681,188 | 37% | added |
| 5 | CRH CRH PLC | Basic Materials | 3.1% | $63.1m | 505,713 | – | new |
| 6 | TRP TC ENERGY CORP | Energy | 3.1% | $62.9m | 1,143,027 | 17% | added |
| 7 | AES AES CORP | Utilities | 3.1% | $62.5m | 4,357,456 | -0% | held |
| 8 | CTRA COTERRA ENERGY INC | 3.1% | $62.4m | 2,369,315 | – | new | |
| 9 | PR PERMIAN RESOURCES CORP | Energy | 2.8% | $57.3m | 4,082,966 | 17% | added |
| 10 | CSX CSX CORP | Industrials | 2.8% | $56.5m | 1,559,664 | – | new |
| 11 | DUK DUKE ENERGY CORP NEW | Utilities | 2.6% | $52.0m | 443,963 | 6% | added |
| 12 | NI NISOURCE INC | Utilities | 2.4% | $49.8m | 1,192,609 | – | new |
| 13 | SHEL SHELL PLC | Energy | 2.4% | $49.1m | 668,736 | -31% | reduced |
| 14 | AWK AMERICAN WTR WKS CO INC NEW | Utilities | 2.2% | $45.6m | 349,233 | -41% | reduced |
| 15 | PNW PINNACLE WEST CAP CORP | Utilities | 2.2% | $45.4m | 511,553 | 6% | added |
| 16 | WMB WILLIAMS COS INC | Energy | 2.2% | $44.5m | 740,946 | 37% | added |
| 17 | AEE AMEREN CORP | Utilities | 2.1% | $43.4m | 434,497 | 60% | added |
| 18 | FTI TECHNIPFMC PLC | Energy | 2.1% | $42.0m | 943,230 | -11% | reduced |
| 19 | DTE DTE ENERGY CO | Utilities | 1.8% | $37.5m | 290,679 | -2% | reduced |
| 20 | ROK ROCKWELL AUTOMATION INC | Industrials | 1.8% | $36.5m | 93,793 | – | new |
| 21 | NUE NUCOR CORP | Basic Materials | 1.7% | $35.4m | 216,764 | – | new |
| 22 | EQT EQT CORP | Energy | 1.6% | $31.9m | 595,738 | -39% | reduced |
| 23 | CNP CENTERPOINT ENERGY INC | Utilities | 1.5% | $31.1m | 811,982 | -1% | reduced |
| 24 | MTDR MATADOR RES CO | Energy | 1.5% | $30.8m | 726,504 | -32% | reduced |
| 25 | TRGP TARGA RES CORP | Energy | 1.5% | $29.9m | 162,147 | – | new |
| 26 | MTZ MASTEC INC | Industrials | 1.2% | $25.4m | 116,993 | 177% | added |
| 27 | ETR ENTERGY CORP NEW | Utilities | 1.2% | $25.0m | 269,935 | -42% | reduced |
| 28 | HUT HUT 8 CORP | Financial Services | 1.2% | $24.6m | 536,522 | – | new |
| 29 | KGS KODIAK GAS SVCS INC | Energy | 1.2% | $24.2m | 646,131 | -11% | reduced |
| 30 | CHRW C H ROBINSON WORLDWIDE INC | Industrials | 1.2% | $23.7m | 147,360 | 139% | added |
| 31 | MDU MDU RES GROUP INC | Utilities | 1.2% | $23.4m | 1,200,000 | – | new |
| 32 | WWD WOODWARD INC | Industrials | 1.1% | $23.0m | 76,017 | 120% | added |
| 33 | B BARRICK MNG CORP | Basic Materials | 1.1% | $21.6m | 497,043 | – | new |
| 34 | HBM HUDBAY MINERALS INC | Basic Materials | 1.0% | $20.9m | 1,051,553 | 33% | added |
| 35 | WEATHERFORD INTL PLC | 1.0% | $20.9m | 266,463 | – | new | |
| 36 | BKV BKV CORP | 1.0% | $20.4m | 750,000 | 144% | added | |
| 37 | ON ON SEMICONDUCTOR CORP | Technology | 0.9% | $19.1m | 353,580 | – | new |
| 38 | PEG PUBLIC SVC ENTERPRISE GRP IN | Utilities | 0.9% | $18.9m | 235,282 | – | new |
| 39 | HAL HALLIBURTON CO | Energy | 0.9% | $18.9m | 668,506 | -37% | reduced |
| 40 | CWST CASELLA WASTE SYS INC | Industrials | 0.9% | $18.9m | 192,855 | – | new |
| 41 | L LOEWS CORP | Financial Services | 0.9% | $18.6m | 176,832 | – | new |
| 42 | TECK TECK RESOURCES LTD | Basic Materials | 0.8% | $17.3m | 360,905 | – | new |
| 43 | LGN LEGENCE CORP | Industrials | 0.8% | $17.2m | 399,817 | -36% | reduced |
| 44 | COHR COHERENT CORP | Technology | 0.8% | $16.5m | 89,187 | – | new |
| 45 | TAC TRANSALTA CORP | Utilities | 0.8% | $16.3m | 1,290,906 | -7% | reduced |
| 46 | TXNM TXNM ENERGY INC | Utilities | 0.8% | $15.3m | 260,165 | 6% | added |
| 47 | EVRG EVERGY INC | Utilities | 0.7% | $15.2m | 210,050 | 4% | added |
| 48 | KARBON CAP PARTNERS CORP | 0.7% | $14.8m | 1,470,000 | – | new | |
| 49 | CAT CATERPILLAR INC | Industrials | 0.7% | $14.7m | 25,641 | -69% | reduced |
| 50 | RICE ACQUISITION CORP 3 | 0.7% | $14.6m | 1,425,829 | – | 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.