We are live on
!
Find out more
CM
Condire Management Portfolio holdings
AUM
$942M
1-Year Est. Return
83.43%
This Fund
S&P 500
This Quarter
Est. Return
-17.36%
1 Year Est. Return
+83.43%
3 Year Est. Return
+187.33%
5 Year Est. Return
+344.8%
10 Year Est. Return
–
AUM
$942M
AUM Growth
-$92.4M
(-8.9%)
Cap. Flow
+$110M
Cap. Flow
% of AUM
11.66%
Top 10 Holdings %
Top 10 Hldgs %
79.59%
Holding
21
New
2
Increased
1
Reduced
6
Closed
–
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
OGC
OceanaGold Corp
OGC
|
+$104M |
| 2 |
AAUC
Allied Gold Corp
AAUC
|
+$39.2M |
| 3 |
IAUX.WS
i-80 Gold Corp Warrants
IAUX.WS
|
+$59.4K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cenovus Energy
CVE
|
+$13.8M |
| 2 |
Valaris
VAL
|
+$8.53M |
| 3 |
Chord Energy
CHRD
|
+$8.13M |
| 4 |
Cadeler
CDLR
|
+$2.15M |
| 5 |
TEN
Tsakos Energy Navigation Ltd
TEN
|
+$638K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 69.95% |
| 2 | Energy | 25.35% |
| 3 | Miscellaneous | 3.44% |
| 4 | Industrials | 1.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Coeur Mining
CDE
$22.3B
| $162M | 17.22% |
9,942,304
| – | – |
|
|
IAUX
2
i-80 Gold Corp
IAUX
$1.55B
| $118M | 12.55% |
82,103,559
| – | – |
|
|
OGC
3
OceanaGold Corp
OGC
$6.84B
| $87.4M | 9.28% |
+3,492,154
| New | +$104M |
|
|
4
Valaris
VAL
$6.23B
| $77.5M | 8.22% |
1,067,010
-91,641
| -8% | -$8.53M |
|
|
OGG
5
Osisko Gold Group
OGG
$914M
| $61.6M | 6.54% |
25,050,980
| – | – |
|
|
6
Chord Energy
CHRD
$8.1B
| $56.8M | 6.02% |
496,575
-59,961
| -11% | -$8.13M |
|
7
Rayonier Advanced Materials
RYAM
$579M
| $50M | 5.3% |
6,358,877
| – | – |
|
8
Seadrill
SDRL
$3.13B
| $48.4M | 5.14% |
1,279,968
| – | – |
|
9
Sibanye-Stillwater
SBSW
$9.28B
| $44.5M | 4.73% |
5,244,469
| – | – |
|
10
B2Gold
BTG
$7.52B
| $43.3M | 4.59% |
11,571,607
| – | – |
|
|
EXK
11
Endeavour Silver
EXK
$3.4B
| $37.3M | 3.96% |
4,503,543
| – | – |
|
|
AAUC
12
Allied Gold Corp
AAUC
$3.35B
| $33M | 3.5% |
+1,387,845
| New | +$39.2M |
|
|
IAUX.WS
13
i-80 Gold Corp Warrants
IAUX.WS
| $32.4M | 3.44% |
41,602,399
+60,800
| +0.1% | +$59.4K |
|
14
Tidewater
TDW
$4.71B
| $19M | 2.02% |
285,900
| – | – |
|
|
CNR
15
Core Natural Resources Inc
CNR
$4.84B
| $16.1M | 1.71% |
201,663
| – | – |
|
|
16
Cenovus Energy
CVE
$60.5B
| $14.9M | 1.58% |
600,000
-500,000
| -45% | -$13.8M |
|
|
17
Cadeler
CDLR
$2.44B
| $11.8M | 1.26% |
539,983
-84,417
| -14% | -$2.15M |
|
|
ELE
18
Elemental Royalty Corp
ELE
$1.39B
| $11.2M | 1.19% |
641,515
-32,900
| -5% | -$578K |
|
|
NEXM
19
NexMetals Mining Corp
NEXM
$82.7M
| $8.27M | 0.88% |
3,513,500
| – | – |
|
|
TEN
20
Tsakos Energy Navigation Ltd
TEN
$1.3B
| $6.19M | 0.66% |
174,927
-16,050
| -8% | -$638K |
|
21
McEwen Inc
MUX
$1.26B
| $2.05M | 0.22% |
113,000
| – | – |
|
Similar funds
HT
AFG
MC
OWIM
SC
OC
WHGAM
FWA
Condire Management's Q2 2026 Portfolio in Review
As of Q2 2026, Condire Management held 21 positions worth $942M, down 8.9% from $1.03B the previous quarter. Its ten largest holdings account for 80% of the portfolio.
Condire Management deployed $110M of net new capital in Q2 2026, opening 2 new positions and adding to 1 existing holding. Its largest new stake was OceanaGold Corp: 3,492,154 shares worth $87.4M.
By sector, the portfolio is most concentrated in Materials at 70% of assets, up from 62% a quarter earlier, followed by Energy and Miscellaneous.
On the sell side, the largest reduction was Cenovus Energy, an estimated $13.8M trimmed.
- Condire Management's largest Q2 2026 buy was OceanaGold Corp: 3,492,154 shares worth $87.4M.
- Condire Management added most to i-80 Gold Corp Warrants in Q2 2026, an estimated $59.4K increase.
- Condire Management's biggest Q2 2026 reduction was Cenovus Energy, cutting an estimated $13.8M.
- Condire Management's ten largest holdings make up 80% of its $942M portfolio in Q2 2026.
- Condire Management opened 2 new positions and closed 0 in Q2 2026.
- Condire Management's portfolio value fell 8.9% quarter-over-quarter to $942M.
Based on Condire Management's 13F filing for Q2 2026, filed 14 Aug 2026.