Disclosed positions
| STATE STR SPDR S&P 500 ETF T | SPY | TR UNIT | $37,338,500 | 50,000 | SH | Put |
| INVESCO QQQ TR | QQQ | UNIT SER 1 | $33,138,000 | 45,000 | SH | Put |
| ISHARES TR | IWM | RUSSELL 2000 ETF | $27,040,500 | 90,000 | SH | Put |
| NATIONAL ENERGY SERVICES REU | NESR | SHS | $23,931,370 | 799,578 | SH | None |
| BKV CORP | BKV | COM | $15,915,011 | 581,689 | SH | None |
| TERAWULF INC | WULF | COM | $12,907,578 | 522,574 | SH | None |
| CORE NATURAL RESOURCES INC | CNR | COM SHS | $12,637,239 | 157,926 | SH | None |
| FLUOR CORP | FLR | COM | $10,897,120 | 208,000 | SH | None |
| SOLARIS ENERGY INFRAS INC | SEI | COM CL A | $9,282,348 | 115,366 | SH | None |
| VISTA ENERGY S.A.B. DE C.V. | VIST | SPONSORED ADS | $8,770,777 | 137,473 | SH | None |
| CAMECO CORP | CCJ | COM | $7,065,315 | 69,363 | SH | None |
| HMH HLDG INC | HMH | CL A | $7,027,500 | 375,000 | SH | None |
| ARIS MINING CORPORATION | ARIS | COM | $6,262,200 | 420,000 | SH | None |
| KOSMOS ENERGY LTD | KOS | COM | $5,937,093 | 2,813,788 | SH | None |
| BORR DRILLING LTD | BORR | SHS | $5,374,621 | 1,301,361 | SH | None |
| UNITED STS OIL FD LP | USO | UNITS | $5,322,000 | 50,000 | SH | Call |
| DELEK US HLDGS INC NEW | DK | COM | $5,219,051 | 102,717 | SH | None |
| ISHARES TR | EFA | MSCI EAFE ETF | $5,194,000 | 50,000 | SH | Put |
| LIBERTY ENERGY INC | LBRT | COM CL A | $4,550,984 | 173,768 | SH | None |
| GENERAC HLDGS INC | GNRC | COM | $4,392,150 | 15,000 | SH | None |
| VALERO ENERGY CORP | VLO | COM | $4,167,040 | 16,000 | SH | None |
| CENOVUS ENERGY INC | CVE | COM | $4,008,006 | 161,548 | SH | None |
| HAFNIA LTD | Unresolved | SHS | $3,486,000 | 525,000 | SH | None |
| ISHARES BITCOIN TRUST ETF | IBIT | SHS BEN INT | $3,329,000 | 100,000 | SH | Put |
| INNOVEX INTERNATIONAL INC | INVX | COM | $3,250,437 | 131,066 | SH | None |
| FRANCO NEV CORP | FNV | COM | $3,126,600 | 15,000 | SH | None |
| DENISON MINES CORP | DNN | COM | $2,989,944 | 977,106 | SH | None |
| OCEANEERING INTL INC | OII | COM | $2,823,798 | 69,689 | SH | None |
| HALLADOR ENERGY COMPANY | HNRG | COM | $2,608,500 | 150,000 | SH | None |
| UR-ENERGY INC | URG | COM | $2,550,690 | 1,875,507 | SH | None |
| BARRICK MNG CORP | B | COM SHS | $2,516,887 | 68,524 | SH | None |
| TORM PLC | Unresolved | SHS CL A | $2,345,400 | 90,000 | SH | None |
| CF INDUSTRIES HOLD | CF | COM | $2,165,200 | 20,000 | SH | None |
| ANTERO RESOURCES CORP | AR | COM | $2,108,400 | 60,000 | SH | None |
| GOLAR LNG LTD | GLNG | SHS | $1,993,600 | 40,000 | SH | None |
| NEXGEN ENERGY LTD | NXE | COM | $1,921,720 | 204,656 | SH | None |
| IAMGOLD CORP | IAG | COM | $1,742,400 | 110,000 | SH | None |
| NAVIGATOR HLDGS LTD | NVGS | SHS | $1,713,960 | 92,000 | SH | None |
| BLOOM ENERGY CORP | BE | COM CL A | $1,513,500 | 5,000 | SH | None |
| CENTURY ALUM CO | CENX | COM | $1,472,320 | 32,000 | SH | None |
| SANTACRUZ SILVER MNG LTD | SCZM | COM NEW SHS | $1,298,000 | 200,000 | SH | None |
| PAN AMERN SILVER CORP | PAAS | COM | $1,119,750 | 25,000 | SH | None |
| STRATEGY INC | MSTR | CL A NEW | $1,095,318 | 12,600 | SH | Put |
| DHT HOLDINGS INC | DHT | SHS NEW | $991,800 | 60,000 | SH | None |
| FERMI INC | FRMI | COM | $916,000 | 100,000 | SH | Put |
| DORIAN LPG LTD | LPG | SHS USD | $869,500 | 25,000 | SH | None |
No matching rows. Clear the filter to see all records.
Largest 50 positions by reported value; the filing may contain more positions.
How amendments affect these holdings
This view uses 1 effective filing version(s). A restatement replaces the previous book; a new-holdings amendment adds positions. 2 positions lack a resolved ticker and 8 positions are put or call entries.
A 13F is a delayed quarterly snapshot of disclosed holdings. It is not a complete trade ledger and does not reveal every position in a manager's portfolio. Option values refer to the reported underlying position rather than a traded option premium.
Quarter end and public filing date
Use the filing's public availability date when constructing a historical observation. The quarter-end report period is earlier and cannot be substituted for when the public learned the holdings.