Q1 2026 · 13F-HR
Yaupon Capital Management LPholdings as filed
Filed 2026-05-15 · accession 0001755028-26-000004
$3.20B
Reported value
98
Positions
2026-03-31
Period end
The Brief · Yaupon Capital Management LP · Q1 2026
AI · grounded in 13F
Yaupon Capital Management LP exited its position in HYG for a reduction of $165.3M. The fund established new positions in XOM for $141.4M and APH for $101.1M. Other notable activity includes a new $67.9M stake in VST and a 431.6% increase in shares of SPY.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | STATE STR SPDR S&P 500 ETF T | $526.8M | 16.4% | 810,000 | PUT | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $141.4M | 4.41% | 833,200 | PUT | SOLE |
| 78462F103 | SPY | STATE STR SPDR S&P 500 ETF T | $130.1M | 4.06% | 200,000 | CALL | SOLE |
| 032095101 | APH | AMPHENOL CORP | $101.1M | 3.16% | 800,000 | PUT | SOLE |
| 636180101 | NFG | NATIONAL FUEL GAS CO | $98.0M | 3.06% | 1,043,272 | Common | SOLE |
| 127097103 | CTRA | COTERRA ENERGY INC | $95.3M | 2.97% | 2,710,826 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $75.9M | 2.37% | 2,860,109 | Common | SOLE |
| 030420103 | AWK | AMERICAN WTR WKS CO INC NEW | $68.0M | 2.12% | 500,000 | CALL | SOLE |
| 92840M102 | VST | VISTRA CORP | $67.9M | 2.12% | 451,591 | Common | SOLE |
| G87052109 | TEL | TE CONNECTIVITY PLC | $66.7M | 2.08% | 319,300 | PUT | SOLE |
| 69047Q102 | OVV | OVINTIV INC | $65.1M | 2.03% | 1,096,571 | Common | SOLE |
| 71424F105 | PR | PERMIAN RESOURCES CORP | $64.4M | 2.01% | 3,022,482 | Common | SOLE |
| 05603J108 | BKV | BKV CORP | $58.2M | 1.82% | 2,040,355 | Common | SOLE |
| 65473P105 | NI | NISOURCE INC | $58.0M | 1.81% | 1,242,895 | Common | SOLE |
| 126408103 | CSX | CSX CORP | $55.5M | 1.73% | 1,352,431 | Common | SOLE |
| 744573106 | PEG | PUBLIC SVC ENTERPRISE GROUP | $53.9M | 1.68% | 665,768 | Common | SOLE |
| 784305104 | HTO | H2O AMERICA | $52.5M | 1.64% | 895,435 | Common | SOLE |
| 055622104 | BP | BP PLC | $44.6M | 1.39% | 948,265 | Common | SOLE |
| 023608102 | AEE | AMEREN CORP | $44.3M | 1.38% | 402,897 | Common | SOLE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $44.2M | 1.38% | 337,728 | Common | SOLE |
| 030420103 | AWK | AMERICAN WTR WKS CO INC NEW | $43.3M | 1.35% | 317,899 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $43.2M | 1.35% | 690,366 | Common | SOLE |
| 69318G106 | PBF | PBF ENERGY INC | $42.9M | 1.34% | 900,000 | PUT | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $42.5M | 1.33% | 906,316 | Common | SOLE |
| 126408103 | CSX | CSX CORP | $41.0M | 1.28% | 1,000,000 | CALL | SOLE |
| 780259305 | SHEL | SHELL PLC | $38.3M | 1.20% | 411,760 | Common | SOLE |
| 233331107 | DTE | DTE ENERGY CO | $37.4M | 1.17% | 255,555 | Common | SOLE |
| 125896100 | CMS | CMS ENERGY CORP | $35.1M | 1.10% | 452,563 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $35.0M | 1.09% | 481,181 | Common | SOLE |
| 00130H105 | AES | AES CORP | $33.8M | 1.05% | 2,395,940 | Common | SOLE |
| 87612G101 | TRGP | TARGA RES CORP | $32.8M | 1.02% | 130,822 | Common | SOLE |
| 723484101 | PNW | PINNACLE WEST CAP CORP | $30.7M | 0.96% | 304,982 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $29.3M | 0.92% | 461,022 | Common | SOLE |
| 15189T107 | CNP | CENTERPOINT ENERGY INC | $28.4M | 0.89% | 657,493 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $27.8M | 0.87% | 116,824 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $27.7M | 0.87% | 209,965 | Common | SOLE |
| 87507T101 | TBN | TAMBORAN RES CORP | $26.8M | 0.84% | 535,174 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $25.3M | 0.79% | 79,156 | Common | SOLE |
| 23345M107 | DTM | DT MIDSTREAM INC | $25.2M | 0.79% | 187,062 | Common | SOLE |
| 576485205 | MTDR | MATADOR RES CO | $24.6M | 0.77% | 389,909 | Common | SOLE |
| G87110105 | FTI | TECHNIPFMC PLC | $23.8M | 0.74% | 344,594 | Common | SOLE |
| 89346D107 | TAC | TRANSALTA CORP | $23.5M | 0.73% | 1,788,700 | Common | SOLE |
| N53745100 | LYB | LYONDELLBASELL INDUSTRIES NV | $22.7M | 0.71% | 282,151 | Common | SOLE |
| 65341B106 | XIFR | XPLR INFRASTRUCTURE LP | $22.7M | 0.71% | 2,133,787 | Common | SOLE |
| 29364G103 | ETR | ENTERGY CORP NEW | $22.5M | 0.70% | 200,000 | CALL | SOLE |
| 64361Q101 | VNOM | VIPER ENERGY INC | $22.4M | 0.70% | 477,036 | Common | SOLE |
| 497266106 | KEX | KIRBY CORP | $22.0M | 0.69% | 165,540 | Common | SOLE |
| 78475V103 | MWH | SOLV ENERGY INC | $21.8M | 0.68% | 725,000 | Common | SOLE |
| 29364G103 | ETR | ENTERGY CORP NEW | $21.3M | 0.66% | 189,560 | Common | SOLE |
| 29446M102 | EQNR | EQUINOR ASA | $21.1M | 0.66% | 500,000 | PUT | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $19.2M | 0.60% | 470,475 | Common | SOLE |
| 72651A207 | PAGP | PLAINS GP HLDGS L P | $18.9M | 0.59% | 777,953 | Common | SOLE |
| 092113109 | BKH | BLACK HILLS CORP | $17.1M | 0.53% | 246,649 | Common | SOLE |
| 451107106 | IDA | IDACORP INC | $16.1M | 0.50% | 112,690 | Common | SOLE |
| 65342K105 | NEXT | NEXTDECADE CORP | $15.8M | 0.49% | 2,062,800 | CALL | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $15.6M | 0.49% | 22,192 | Common | SOLE |
| 670837103 | OGE | OGE ENERGY CORP | $15.3M | 0.48% | 319,071 | Common | SOLE |
| G5225W100 | KBON | KARBON CAP PARTNERS CORP | $14.8M | 0.46% | 1,470,000 | Common | SOLE |
| G7553X106 | KRSP | RICE ACQUISITION CORP 3 | $14.7M | 0.46% | 1,425,829 | Common | SOLE |
| 443628102 | HBM | HUDBAY MINERALS INC | $13.6M | 0.43% | 652,285 | Common | SOLE |
| 960413102 | WLK | WESTLAKE CORPORATION | $12.5M | 0.39% | 107,044 | Common | SOLE |
| 156431108 | CENX | CENTURY ALUM CO | $12.4M | 0.39% | 211,201 | Common | SOLE |
| 85423L103 | SARO | STANDARDAERO INC | $11.9M | 0.37% | 459,407 | Common | SOLE |
| 218937100 | CNR | CORE NATURAL RESOURCES INC | $11.9M | 0.37% | 113,192 | Common | SOLE |
| 34631F102 | FPS | FORGENT POWER SOLUTIONS INC | $11.7M | 0.37% | 400,000 | Common | SOLE |
| 552690109 | MDU | MDU RES GROUP INC | $11.4M | 0.35% | 548,025 | Common | SOLE |
| 65290E101 | NXT | NEXTPOWER INC | $11.2M | 0.35% | 93,110 | Common | SOLE |
| G0233J100 | ALUB | ALUSSA ENERGY ACQUISIT CORP | $11.0M | 0.34% | 1,100,080 | Common | SOLE |
| 18539C105 | NY4B | CLEARWAY ENERGY INC | $10.9M | 0.34% | 277,870 | Common | SOLE |
| 91733P107 | USAR | USA RARE EARTH INC | $10.6M | 0.33% | 700,000 | Common | SOLE |
| G86652115 | TLNCU | TALON CAP CORP | $10.4M | 0.32% | 1,000,000 | Common | SOLE |
| 69349H107 | TXNM | TXNM ENERGY INC | $10.2M | 0.32% | 174,858 | Common | SOLE |
| 456941103 | INR | INFINITY NAT RES INC | $9.6M | 0.30% | 544,208 | Common | SOLE |
| 342909108 | FLOC | FLOWCO HLDGS INC | $9.4M | 0.29% | 454,545 | Common | SOLE |
| 736508847 | POR | PORTLAND GEN ELEC CO | $9.2M | 0.29% | 175,000 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $7.7M | 0.24% | 517,302 | Common | SOLE |
| 49435R102 | KRP | KIMBELL RTY PARTNERS LP | $7.5M | 0.23% | 515,100 | Common | SOLE |
| 668074305 | NWE | NORTHWESTERN ENERGY GROUP IN | $6.9M | 0.22% | 104,922 | Common | SOLE |
| 84857L101 | SR | SPIRE INC | $6.8M | 0.21% | 75,176 | Common | SOLE |
| 30069T101 | EE | EXCELERATE ENERGY INC | $6.6M | 0.21% | 196,990 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $6.3M | 0.20% | 122,357 | Common | SOLE |
| 163851108 | CC | CHEMOURS CO | $6.0M | 0.19% | 271,134 | Common | SOLE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $5.9M | 0.18% | 95,728 | Common | SOLE |
| G44055104 | HCIC | HENNESSY CAP INVTS CORP VIII | $4.9M | 0.15% | 500,000 | Common | SOLE |
| G1828E100 | CEPF | CANTOR EQUITY PARTNERS IV IN | $3.2M | 0.10% | 312,094 | Common | SOLE |
| 12738K109 | CDLR | CADELER A S | $2.3M | 0.07% | 96,132 | Common | SOLE |
| 68347P103 | OPAL | OPAL FUELS INC | $2.0M | 0.06% | 780,692 | Common | SOLE |
| 83417M104 | SEDG | SOLAREDGE TECHNOLOGIES INC | $1.5M | 0.05% | 30,341 | Common | SOLE |
| 00218A105 | ASPI | ASP ISOTOPES INC | $1.3M | 0.04% | 300,000 | Common | SOLE |
| 97785W106 | WOLF | WOLFSPEED INC | $1.3M | 0.04% | 76,671 | Common | SOLE |
| 403949100 | DINO | HF SINCLAIR CORP | $416,828 | 0.01% | 6,681 | Common | SOLE |
| G7309T102 | PAII | PYROPHYTE ACQUISITION CORP. | $209,979 | 0.01% | 20,708 | Common | SOLE |
| G7553X114 | KRSP/WS | RICE ACQUISITION CORP 3 | $190,110 | 0.01% | 237,637 | Common | SOLE |
| G5225W118 | KBONW | KARBON CAP PARTNERS CORP | $147,036 | 0.00% | 367,499 | Common | SOLE |
| G0233J118 | ALUB/WS | ALUSSA ENERGY ACQUISIT CORP | $132,000 | 0.00% | 366,666 | Common | SOLE |
| G1828S109 | CEPV | CANTOR EQUITY PARTNERS V INC | $103,535 | 0.00% | 10,251 | Common | SOLE |
| G44055120 | HCICR | HENNESSY CAP INVTS CORP VIII | $95,000 | 0.00% | 500,000 | Common | SOLE |
| G7309T110 | PAII/WS | PYROPHYTE ACQUISITION CORP. | $3,417 | 0.00% | 10,354 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.