Institutional
Merewether Investment Management, LP
CIK 0001736852
$5.16B
Reported AUM
79
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Merewether Investment Management, LP · Q1 2026
AI · grounded in 13F
Merewether Investment Management, LP established a new position in TOTALENERGIES SE valued at $86.4M. The fund closed its position in FSLR for a reduction of $84.9M and exited holdings in VALERO ENERGY CORP and B for $58.5M and $58M, respectively. Additionally, the fund increased its stake in DAR by 278.6% and CTRA by 252.1%.
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 | CTRA | COTERRA ENERGY INC | $32.56 | 0.00% | 30.49% | 162.44% | $256.6M | 4.97% | +5,228,191 | +252.1% |
| 2 | OVV | OVINTIV INC | $57.55 | 1.50% | 52.66% | 148.69% | $254.3M | 4.92% | +670,617 | +18.6% |
| 3 | DAR | DARLING INGREDIENTS INC | $59.45 | -2.09% | 93.33% | -13.93% | $205.6M | 3.98% | +2,446,409 | +278.6% |
| 4 | SU | SUNCOR ENERGY INC NEW | $62.22 | -4.96% | 73.56% | 284.50% | $205.2M | 3.97% | −173,653 | −5.3% |
| 5 | VST | VISTRA CORP | $148.76 | -3.21% | -13.88% | 750.99% | $167.7M | 3.25% | +718,299 | +180.8% |
| 6 | BP | BP PLC | $42.97 | -2.43% | 54.62% | 128.10% | $166.4M | 3.22% | +533,297 | +17.7% |
| 7 | TRGP | TARGA RES CORP | $266.07 | 0.75% | 61.66% | 595.29% | $162.6M | 3.15% | −101,137 | −13.5% |
| 8 | BG | BUNGE GLOBAL SA | $128.46 | 1.58% | 74.41% | 86.38% | $142.3M | 2.75% | −14,157 | −1.2% |
| 9 | SRE | SEMPRA | $91.42 | 1.20% | 22.59% | 63.86% | $137.3M | 2.66% | −134,344 | −8.7% |
| 10 | PR | PERMIAN RESOURCES CORP | $19.55 | 1.96% | 46.91% | 320.87% | $131.1M | 2.54% | −114,622 | −1.8% |
| 11 | LNG | CHENIERE ENERGY INC | — | — | -0.79% | 194.92% | $130.4M | 2.52% | +110,871 | +31.8% |
| 12 | NRG | NRG ENERGY INC | $129.20 | -3.14% | -16.20% | 258.80% | $130.2M | 2.52% | +125,280 | +16.4% |
| 13 | CNP | CENTERPOINT ENERGY INC | $42.21 | -1.12% | 19.23% | 90.23% | $127.4M | 2.47% | +55,405 | +1.9% |
| 14 | CVE | CENOVUS ENERGY INC | $28.22 | -5.27% | 112.04% | 275.61% | $126.6M | 2.45% | +2,695,009 | +129.8% |
| 15 | ETR | ENTERGY CORP NEW | $110.74 | 1.34% | 38.25% | 157.05% | $123.0M | 2.38% | −702,358 | −39.1% |
| 16 | XEL | XCEL ENERGY INC | $79.04 | 1.63% | 19.02% | 34.82% | $121.7M | 2.36% | −636,168 | −29.3% |
| 17 | WMB | WILLIAMS COS INC | $71.96 | -0.65% | 22.72% | 258.62% | $121.4M | 2.35% | −672,572 | −28.7% |
| 18 | DTM | DT MIDSTREAM INC | $143.63 | 0.80% | 35.69% | 312.61% | $112.5M | 2.18% | −207,594 | −19.9% |
| 19 | NVT | NVENT ELEC PLC | $163.25 | 0.24% | 141.34% | 453.84% | $112.4M | 2.18% | −385,243 | −28.8% |
| 20 | HUBB | HUBBELL INC | $481.86 | 1.06% | 22.08% | 157.20% | $106.2M | 2.06% | +113,417 | +110.2% |
| 21 | PRIM | PRIMORIS SVCS CORP | $121.84 | -4.54% | 60.94% | 321.29% | $96.5M | 1.87% | −106,861 | −13.7% |
| 22 | TTE | TOTALENERGIES SE | $88.71 | -1.62% | 58.46% | 168.10% | $86.4M | 1.67% | +949,800 | NEW |
| 23 | CNR | CORE NATURAL RESOURCES INC | $93.44 | -5.53% | 39.96% | 382.84% | $76.1M | 1.47% | +387,234 | +114.1% |
| 24 | MPC | MARATHON PETE CORP | $262.01 | -1.89% | 66.84% | 434.25% | $75.8M | 1.47% | +310,500 | NEW |
| 25 | MTZ | MASTEC INC | $363.89 | -2.89% | 122.29% | 259.47% | $71.8M | 1.39% | −346,079 | −60.8% |
| 26 | COP | CONOCOPHILLIPS | $117.14 | -1.75% | 38.76% | 149.74% | $68.9M | 1.33% | +522,192 | NEW |
| 27 | EQT | EQT CORP | $53.75 | -2.70% | -3.56% | 212.91% | $68.1M | 1.32% | +224,564 | +26.6% |
| 28 | DINO | HF SINCLAIR CORP | $71.39 | -1.98% | 101.47% | 186.46% | $65.8M | 1.27% | +1,054,435 | NEW |
| 29 | VG | VENTURE GLOBAL INC | $12.80 | -2.74% | -15.36% | -14.47% | $65.5M | 1.27% | +4,154,300 | NEW |
| 30 | ST | SENSATA TECHNOLOGIES HLDG PL | $51.01 | 2.35% | 86.93% | -10.14% | $63.3M | 1.23% | +892,042 | +98.6% |
| 31 | FCX | FREEPORT MCMORAN INC | $63.37 | -9.07% | — | — | $58.7M | 1.14% | −910,636 | −47.7% |
| 32 | FTI | TECHNIPFMC PLC | $66.82 | -3.17% | — | — | $57.8M | 1.12% | −674,845 | −44.7% |
| 33 | IAG | IAMGOLD CORP | $15.58 | 1.04% | — | — | $55.6M | 1.08% | −382,248 | −11.5% |
| 34 | LYB | LYONDELLBASELL INDUSTRIES NV | $64.50 | -2.54% | — | — | $52.7M | 1.02% | +654,687 | NEW |
| 35 | FANG | DIAMONDBACK ENERGY INC | $192.62 | -5.09% | — | — | $52.6M | 1.02% | −374,185 | −58.4% |
| 36 | Q | QNITY ELECTRONICS INC | $142.05 | -8.24% | — | — | $50.0M | 0.97% | −444,764 | −50.7% |
| 37 | NUE | NUCOR CORP | $253.62 | -0.30% | — | — | $49.6M | 0.96% | +89,214 | +43.8% |
| 38 | SOLS | SOLSTICE ADVANCED MATLS INC | $81.02 | -3.70% | — | — | $48.9M | 0.95% | +642,451 | NEW |
| 39 | EXE | EXPAND ENERGY CORPORATION | $92.07 | -1.42% | — | — | $47.4M | 0.92% | −897,385 | −67.5% |
| 40 | BKV | BKV CORP | $25.95 | -4.00% | — | — | $47.0M | 0.91% | −29,444 | −1.8% |
| 41 | RAL | RALLIANT CORP | $60.17 | -3.62% | — | — | $46.3M | 0.90% | +1,112,250 | NEW |
| 42 | WTTR | SELECT WATER SOLUTIONS INC | $18.01 | -6.25% | — | — | $44.2M | 0.86% | +2,889,000 | NEW |
| 43 | LGN | LEGENCE CORP | $83.69 | -5.86% | — | — | $41.0M | 0.79% | −408,086 | −36.0% |
| 44 | AR | ANTERO RESOURCES CORP | $35.56 | -4.15% | — | — | $40.4M | 0.78% | +223,500 | +30.7% |
| 45 | CGAU | CENTERRA GOLD INC | $15.42 | 0.98% | — | — | $40.1M | 0.78% | +11,423 | +0.5% |
| 46 | XOM | EXXON MOBIL CORP | $149.92 | -1.39% | — | — | $39.6M | 0.77% | −468,231 | −66.7% |
| 47 | CMI | CUMMINS INC | $651.22 | -3.96% | — | — | $39.6M | 0.77% | −32,532 | −30.7% |
| 48 | SDRL | SEADRILL LTD | $45.64 | 2.84% | — | — | $39.5M | 0.76% | +867,338 | NEW |
| 49 | NE | NOBLE CORP PLC | $45.41 | -2.72% | — | — | $38.2M | 0.74% | +779,215 | NEW |
| 50 | JHX | JAMES HARDIE INDS PLC | $22.66 | -3.12% | — | — | $37.1M | 0.72% | +1,081,230 | +123.3% |
| 51 | FNV | FRANCO NEV CORP | $218.74 | -7.31% | — | — | $35.6M | 0.69% | +144,000 | NEW |
| 52 | CRH | CRH PLC | $105.06 | -1.42% | — | — | $35.5M | 0.69% | +338,119 | NEW |
| 53 | PTEN | PATTERSON-UTI ENERGY INC | $11.51 | -6.19% | — | — | $32.5M | 0.63% | +3,003,324 | NEW |
| 54 | FIX | COMFORT SYS USA INC | $1843.94 | -3.69% | — | — | $30.8M | 0.60% | −23,998 | −51.8% |
| 55 | CENX | CENTURY ALUM CO | $63.46 | 5.56% | — | — | $30.2M | 0.58% | +514,800 | NEW |
| 56 | LBRT | LIBERTY ENERGY INC | $28.45 | -9.85% | — | — | $29.7M | 0.58% | +80,483 | +8.5% |
| 57 | ARIS | ARIS MINING CORPORATION | $15.23 | -11.14% | — | — | $25.9M | 0.50% | −298,404 | −17.6% |
| 58 | WLK | WESTLAKE CORPORATION | $84.28 | -0.43% | — | — | $25.7M | 0.50% | −168,200 | −43.3% |
| 59 | CCJ | CAMECO CORP | $103.44 | -9.28% | — | — | $25.4M | 0.49% | +144,956 | +163.1% |
| 60 | LECO | LINCOLN ELEC HLDGS INC | $262.13 | -0.65% | — | — | $23.3M | 0.45% | −1,292 | −1.4% |
| 61 | PARR | PAR PAC HOLDINGS INC | $55.66 | 0.20% | — | — | $23.1M | 0.45% | −364,935 | −49.7% |
| 62 | OLN | OLIN CORP | $24.57 | 0.10% | — | — | $18.5M | 0.36% | +623,377 | NEW |
| 63 | NXT | NEXTPOWER INC | $131.57 | -12.47% | — | — | $16.1M | 0.31% | +44,232 | +49.7% |
| 64 | PSX | PHILLIPS 66 | $183.08 | -0.58% | — | — | $15.0M | 0.29% | +82,300 | NEW |
| 65 | DNN | DENISON MINES CORP | $3.09 | 1.98% | — | — | $14.9M | 0.29% | −1,695,140 | −28.7% |
| 66 | SLI | STANDARD LITHIUM LTD | $3.47 | -10.10% | — | — | $13.5M | 0.26% | −64,604 | −1.6% |
| 67 | ATO | ATMOS ENERGY CORP | $170.24 | 1.36% | — | — | $13.2M | 0.26% | −166,727 | −70.0% |
| 68 | BKR | BAKER HUGHES COMPANY | $62.59 | -5.32% | — | — | $10.6M | 0.20% | +173,400 | NEW |
| 69 | ET | ENERGY TRANSFER L P | — | — | — | — | $10.0M | 0.19% | +516,200 | NEW |
| 70 | FLS | FLOWSERVE CORP | $73.50 | -2.55% | — | — | $5.5M | 0.11% | +75,100 | NEW |
| 71 | HUT | HUT 8 CORP | $112.24 | -12.15% | — | — | $5.4M | 0.10% | −278,691 | −70.8% |
| 72 | CE | CELANESE CORP DEL | $51.03 | -5.45% | — | — | $4.9M | 0.09% | +74,600 | NEW |
| 73 | DD | DUPONT DE NEMOURS INC | $46.85 | -1.68% | — | — | $3.9M | 0.08% | −1,161,336 | −93.1% |
| 74 | TBN | TAMBORAN RES CORP | $35.57 | 0.88% | — | — | $3.4M | 0.07% | −1,121 | −1.6% |
| 75 | GM | GENERAL MTRS CO | $82.11 | -1.33% | — | — | $2.0M | 0.04% | −606,672 | −95.8% |
| 76 | ALB | ALBEMARLE CORP | $155.44 | -6.16% | — | — | $1.7M | 0.03% | +9,640 | NEW |
| 77 | MT | ARCELORMITTAL SA LUXEMBOURG | $67.21 | -6.20% | — | — | $1.4M | 0.03% | +28,173 | NEW |
| 78 | GTX | GARRETT MOTION INC | $32.30 | 1.06% | — | — | $1.4M | 0.03% | −1,607,737 | −95.4% |
| 79 | WULF | TERAWULF INC | $24.00 | -8.36% | — | — | $518K | 0.01% | −2,128,588 | −98.3% |
| 80 | FSLR | FIRST SOLAR INC | $284.95 | 2.13% | — | — | — | — | −325,100 | EXITED |
| 81 | VLO | VALERO ENERGY CORP | $255.82 | -1.17% | — | — | — | — | −359,131 | EXITED |
| 82 | B | BARRICK MNG CORP | $39.46 | -7.78% | — | — | — | — | −1,331,000 | EXITED |
| 83 | AA | ALCOA CORP | $74.78 | 4.02% | — | — | — | — | −882,200 | EXITED |
| 84 | AYI | ACUITY INC | $302.04 | -1.94% | — | — | — | — | −116,000 | EXITED |
| 85 | CLF | CLEVELAND-CLIFFS INC NEW | $12.77 | -5.58% | — | — | — | — | −3,096,600 | EXITED |
| 86 | SHEL | SHELL PLC | $85.40 | -1.53% | — | — | — | — | −539,421 | EXITED |
| 87 | CTRI | CENTURI HOLDINGS INC | $29.84 | -4.39% | — | — | — | — | −1,344,000 | EXITED |
| 88 | SLB | SLB LIMITED | $54.87 | -5.41% | — | — | — | — | −857,300 | EXITED |
| 89 | GNRC | GENERAC HLDGS INC | $261.54 | -5.97% | — | — | — | — | −188,946 | EXITED |
| 90 | WHD | CACTUS INC | $56.62 | -3.84% | — | — | — | — | −504,900 | EXITED |
| 91 | TGB | TASEKO MINES LTD | $6.86 | 3.08% | — | — | — | — | −3,672,900 | EXITED |
| 92 | WBI | WATERBRIDGE INFRASTRUCTURE L | $29.44 | -4.45% | — | — | — | — | −870,400 | EXITED |
| 93 | STNG | SCORPIO TANKERS INC | $75.96 | 1.17% | — | — | — | — | −323,861 | EXITED |
| 94 | EGO | ELDORADO GOLD CORP NEW | $30.11 | 1.76% | — | — | — | — | −393,700 | EXITED |
| 95 | KEX | KIRBY CORP | $143.71 | 1.89% | — | — | — | — | −122,300 | EXITED |
| 96 | VNOM | VIPER ENERGY INC | $46.01 | 1.21% | — | — | — | — | −318,082 | EXITED |
| 97 | STLD | STEEL DYNAMICS INC | $268.50 | -3.02% | — | — | — | — | −53,400 | EXITED |
| 98 | TLN | TALEN ENERGY CORP | $361.74 | -0.82% | — | — | — | — | −23,908 | EXITED |
| 99 | ALV | AUTOLIV INC | $127.56 | -2.13% | — | — | — | — | −6,400 | EXITED |
| 100 | VC | VISTEON CORP | $117.46 | -3.56% | — | — | — | — | −5,200 | EXITED |
Source: SEC EDGAR · accession 0001420506-26-001143. 13F discloses long positions only — shorts, foreign equities, and options are excluded.