Institutional
LSP Investment Advisors, LLC
CIK 0001728850
$137.7M
Reported AUM
19
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · LSP Investment Advisors, LLC · Q1 2026
AI · grounded in 13F
LSP Investment Advisors, LLC closed its position in CRK for a reduction of $9.5M. The fund also exited positions in AR and BATL, totaling $6.5M and $2.7M respectively. To add to the portfolio, the fund established a new position in D valued at $207,097. Other activity included trimming shares in EXE by 37.28%, EQT by 30.63%, and GPOR by 9.44%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | EXE | EXPAND ENERGY CORPORATION | $92.07 | -1.42% | -19.02% | 115.20% | $35.1M | 25.49% | −190,000 | −37.3% |
| 2 | EQT | EQT CORP | $53.75 | -2.70% | -3.56% | 212.91% | $33.7M | 24.51% | −234,200 | −30.6% |
| 3 | GPOR | GULFPORT ENERGY CORP | $169.55 | 0.89% | -12.02% | 146.06% | $20.9M | 15.18% | −10,300 | −9.4% |
| 4 | SPY | STATE STR SPDR S&P 500 ETF T | $737.55 | -2.58% | 24.51% | 79.50% | $11.8M | 8.58% | — | HELD |
| 5 | GDX | VANECK ETF TRUST | $78.84 | -8.75% | 53.84% | 141.98% | $6.5M | 4.70% | — | HELD |
| 6 | EEM | ISHARES TR | $64.59 | -6.53% | 40.98% | 40.06% | $6.2M | 4.49% | — | HELD |
| 7 | GOOG | ALPHABET INC | $365.76 | -0.95% | 109.82% | 172.71% | $6.1M | 4.46% | — | HELD |
| 8 | IWM | ISHARES TR | $281.65 | -3.55% | 34.35% | 35.27% | $3.8M | 2.79% | — | HELD |
| 9 | MSFT | MICROSOFT CORP | $416.67 | -2.66% | -10.71% | 52.39% | $3.1M | 2.23% | — | HELD |
| 10 | AMZN | AMAZON COM INC | $246.03 | -3.06% | 15.20% | 47.87% | $3.0M | 2.15% | — | HELD |
| 11 | EWJ | ISHARES INC | $90.72 | -3.62% | 28.52% | 51.42% | $2.5M | 1.84% | — | HELD |
| 12 | GDXJ | VANECK ETF TRUST | $102.57 | 1.97% | 49.14% | 137.60% | $1.6M | 1.18% | — | HELD |
| 13 | CNP | CENTERPOINT ENERGY INC | $42.21 | -1.12% | 19.23% | 90.23% | $701K | 0.51% | — | HELD |
| 14 | EXC | EXELON CORP | $45.40 | -0.77% | 11.22% | 63.49% | $651K | 0.47% | — | HELD |
| 15 | CEG | CONSTELLATION ENERGY CORP | $254.83 | -3.69% | -14.27% | 474.86% | $617K | 0.45% | — | HELD |
| 16 | PEG | PUBLIC SVC ENTERPRISE GROUP | $79.48 | 1.79% | 2.30% | 49.59% | $433K | 0.31% | — | HELD |
| 17 | DUK | DUKE ENERGY CORP NEW | $124.22 | 1.97% | 11.57% | 43.36% | $401K | 0.29% | — | HELD |
| 18 | HOOD | ROBINHOOD MKTS INC | $82.47 | -6.63% | 10.14% | 86.08% | $302K | 0.22% | — | HELD |
| 19 | D | DOMINION ENERGY INC | $66.90 | 0.60% | 25.25% | 11.68% | $207K | 0.15% | +3,350 | NEW |
| 20 | CRK | COMSTOCK RES INC | $13.00 | -6.00% | -46.85% | 125.55% | — | — | −409,900 | EXITED |
| 21 | AR | ANTERO RESOURCES CORP | $35.56 | -4.15% | -7.99% | 161.47% | — | — | −189,500 | EXITED |
| 22 | BATL | BATTALION OIL CORP | $1.32 | -5.71% | -1.49% | -89.78% | — | — | −2,369,769 | EXITED |
Source: SEC EDGAR · accession 0001172661-26-002309. 13F discloses long positions only — shorts, foreign equities, and options are excluded.