We are live on
!
Find out more
FAM
Fearnley Asset Management Portfolio holdings
AUM
$278M
This Fund
S&P 500
This Quarter
Est. Return
+44.36%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$306M
AUM Growth
+$88.1M
(+40%)
Cap. Flow
+$8.29M
Cap. Flow
% of AUM
2.71%
Top 10 Holdings %
Top 10 Hldgs %
79.31%
Holding
24
New
3
Increased
9
Reduced
7
Closed
5
Avg Time Held
0.8
quarters
Top 10 Avg Time Held
0.6
quarters
Top 20 Avg Time Held
0.8
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Matador Resources
MTDR
|
+$25.8M |
| 2 |
Hafnia
HAFN
|
+$17.1M |
| 3 |
SM Energy
SM
|
+$11.7M |
| 4 |
Scorpio Tankers
STNG
|
+$10.9M |
| 5 |
Star Bulk Carriers
SBLK
|
+$8.51M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Range Resources
RRC
|
+$17.9M |
| 2 |
Teekay Tankers
TNK
|
+$17.8M |
| 3 |
Okeanis Eco Tankers
ECO
|
+$14M |
| 4 |
Antero Resources
AR
|
+$10M |
| 5 |
SLB Ltd
SLB
|
+$8.57M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 73.2% |
| 2 | Industrials | 25.11% |
| 3 | Materials | 1.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
SM Energy
SM
$8.8B
| $43.3M | 14.16% |
1,389,562
+513,662
| +59% | +$11.7M |
2025 Q4
1 quarter
|
|
2
Petrobras
PBR
$163B
| $35.8M | 11.71% |
1,726,400
+242,000
| +16% | +$3.87M |
2025 Q4
1 quarter
|
|
|
3
Matador Resources
MTDR
$6.72B
| $32.5M | 10.63% |
+514,700
| New | +$25.8M |
2026 Q1
0 quarters
|
|
4
Bristow Group
VTOL
$1.21B
| $30.1M | 9.83% |
641,401
+178,767
| +39% | +$7.85M |
2025 Q4
1 quarter
|
|
|
5
Hafnia
HAFN
$5.74B
| $24.3M | 7.95% |
3,162,952
+2,572,584
| +436% | +$17.1M |
2025 Q4
1 quarter
|
|
|
6
Star Bulk Carriers
SBLK
$3.45B
| $21.8M | 7.14% |
951,206
+373,890
| +65% | +$8.51M |
2025 Q4
1 quarter
|
|
|
7
Antero Resources
AR
$11B
| $18.6M | 6.06% |
437,327
-273,973
| -39% | -$10M |
2025 Q4
1 quarter
|
|
|
8
Okeanis Eco Tankers
ECO
$3.64B
| $12.2M | 4% |
236,394
-318,853
| -57% | -$14M |
2025 Q4
1 quarter
|
|
|
9
Scorpio Tankers
STNG
$4.26B
| $12.1M | 3.95% |
+162,005
| New | +$10.9M |
2026 Q1
0 quarters
|
|
10
Safe Bulkers
SB
$971M
| $11.9M | 3.89% |
1,879,298
+818,700
| +77% | +$4.78M |
2025 Q4
1 quarter
|
|
11
Frontline
FRO
$12.5B
| $9.75M | 3.19% |
278,079
-39,212
| -12% | -$1.2M |
2025 Q4
1 quarter
|
|
12
CMB.TECH NV
CMBT
$5.98B
| $8.86M | 2.9% |
700,737
-365,000
| -34% | -$4.58M |
2025 Q4
1 quarter
|
|
13
Expand Energy Corp
EXE
$20.4B
| $8.67M | 2.83% |
79,000
-30,970
| -28% | -$3.31M |
2025 Q4
1 quarter
|
|
14
Dorian LPG
LPG
$2.47B
| $6.72M | 2.2% |
+196,543
| New | +$6.22M |
2026 Q1
0 quarters
|
|
15
Tenaris
TS
$28.9B
| $6.56M | 2.14% |
112,700
+64,700
| +135% | +$3.19M |
2025 Q4
1 quarter
|
|
16
SFL Corp
SFL
$1.85B
| $6.54M | 2.14% |
605,682
+273,282
| +82% | +$2.64M |
2025 Q4
1 quarter
|
|
17
BW LPG
BWLP
$3.95B
| $5.99M | 1.96% |
339,027
-72,633
| -18% | -$1.15M |
2025 Q4
1 quarter
|
|
18
Pan American Silver
PAAS
$19.2B
| $5.16M | 1.69% |
94,500
+31,600
| +50% | +$1.82M |
2025 Q4
1 quarter
|
|
|
19
Teekay Tankers
TNK
$3.68B
| $5.07M | 1.66% |
69,094
-265,800
| -79% | -$17.8M |
2025 Q4
1 quarter
|
|
20
International Seaways
INSW
$5.93B
| – | – |
-128,900
| Closed | -$6.26M | – |
|
21
Permian Resources
PR
$19.3B
| – | – |
-511,400
| Closed | -$7.17M | – |
|
|
22
Range Resources
RRC
$9.56B
| – | – |
-508,430
| Closed | -$17.9M | – |
|
|
23
SLB Ltd
SLB
$72.6B
| – | – |
-223,400
| Closed | -$8.57M | – |
|
24
TORM
TRMD
$4.1B
| – | – |
-202,849
| Closed | -$4.05M | – |
|
Similar funds
SWM
FIA
EWP
QCIG
GK
SI
FFG
CIS
Fearnley Asset Management's Q1 2026 Portfolio in Review
As of Q1 2026, Fearnley Asset Management held 24 positions worth $306M, up 40% from $218M the previous quarter. Its ten largest holdings account for 79% of the portfolio.
Fearnley Asset Management's Q1 2026 filing shows 3 new, 9 increased, 7 reduced and 5 closed positions. Its largest new stake was Matador Resources: 514,700 shares worth $32.5M. The largest sale was Range Resources, an estimated $17.9M.
By sector, the portfolio is most concentrated in Energy at 73% of assets, down from 80% a quarter earlier, followed by Industrials and Materials.
- Fearnley Asset Management's largest Q1 2026 buy was Matador Resources: 514,700 shares worth $32.5M.
- Fearnley Asset Management added most to Hafnia in Q1 2026, an estimated $17.1M increase.
- Fearnley Asset Management's biggest Q1 2026 reduction was Teekay Tankers, cutting an estimated $17.8M.
- Fearnley Asset Management fully exited Range Resources in Q1 2026, selling an estimated $17.9M.
- Fearnley Asset Management's ten largest holdings make up 79% of its $306M portfolio in Q1 2026.
- Fearnley Asset Management opened 3 new positions and closed 5 in Q1 2026.
- Fearnley Asset Management's portfolio value rose 40% quarter-over-quarter to $306M.
Based on Fearnley Asset Management's 13F filing for Q1 2026, filed 15 May 2026.