GCM

GeoSphere Capital Management Portfolio holdings

AUM $85.7M

AUM

$85.7M

AUM Growth

-$13.9M (-14%)

Cap. Flow

+$34.1M

Cap. Flow % of AUM

39.78%

Top 10 Holdings %Top 10 Hldgs %

59.89%

Holding

New

Increased

Reduced

Closed

1	SEI Solaris Energy Infrastructure, Inc. SEI	$4.15M
2	Franco-Nevada FNV	$4.06M
3	ConocoPhillips COP	$3.94M
4	Genco Shipping & Trading GNK	$3.75M
5	Century Aluminum CENX	$3.29M

1	EQT Corp EQT	$2.82M
2	NESR National Energy Services Reunited Corp. Ordinary Shares NESR	$2.35M
3	Cameco CCJ	$1.17M
4	Wheaton Precious Metals WPM	$776K
5	Navigator Holdings NVGS	$685K

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Hallador Energy HNRG $808M	$1.27M	0.69%	103,592 +53,592	+107%	+$658K
27	27 Navigator Holdings NVGS $981M	$646K	0.35%	48,512 -51,488	-51%	-$685K
28	TMQ 28 Trilogy Metals TMQ $213M	$465K	0.25%	300,000	New	+$465K
29	NESRW 29 National Energy Services Reunited Corp. Warrant NESRW $54.7M	$299K	0.16%	854,100 +550,000	+181%	+$193K
30	30 Antero Resources AR $12.3B	$0	0%	0 -70,000	Closed	–
31	31 Bitdeer Technologies BTDR $3.07B	$0	0%	0 -165,000	Closed	–
32	32 Canadian Natural Resources CNQ $32.8B	$0	0%	0 -70,000	Closed	–
33	33 Denison Mines DNN $1.29B	$0	0%	0 -1,000,000	Closed	–
34	34 Diamondback Energy FANG $40.4B	$0	0%	0 -35,000	Closed	–
35	35 Golar LNG GLNG $4.16B	$0	0%	0 -65,000	Closed	–
36	36 iShares Russell 2000 ETF IWM $64B	$0	0%	0	–	–
37	37 Kinross Gold KGC $17.6B	$0	0%	0 -306,600	Closed	–
38	38 Kodiak Gas Services KGS $3.11B	$0	0%	0 -100,000	Closed	–
39	39 Kosmos Energy KOS $803M	$0	0%	0 -625,000	Closed	–
40	40 Liberty Energy LBRT $1.91B	$0	0%	0 -125,000	Closed	–
41	41 Matador Resources MTDR $5.53B	$0	0%	0 -38,000	Closed	–
42	42 SPDR S&P 500 ETF Trust SPY $603B	$0	0%	0	–	–
43	43 Scorpio Tankers STNG $2.12B	$0	0%	0 -50,000	Closed	–
44	44 Uranium Energy UEC $2.23B	$0	0%	0 -350,000	Closed	–
45	45 TeraWulf WULF $1.51B	$0	0%	0 -650,000	Closed	–
46	46 Hafnia HAFN $2.68B	$0	0%	0 -330,000	Closed	–
47	OKLO 47 Oklo OKLO $5.23B	$0	0%	0 -17,173	Closed	–
48	INVX 48 Innovex International, Inc. INVX $987M	$0	0%	0 -200,000	Closed	–