MIM

Merewether Investment Management Portfolio holdings

AUM $5.31B Turnover 41.58%
1-Year Est. Return 73.7%
This Fund
S&P 500
This Quarter Est. Return
+5.21%
1 Year Est. Return
+73.7%
3 Year Est. Return
+262.17%
5 Year Est. Return
+573.25%
10 Year Est. Return
–
AUM
$5.31B
AUM Growth
+$142M
Cap. Flow
+$206M
Cap. Flow %
3.88%
Top 10 Hldgs %
34.32%
Holding
101
New
22
Increased
34
Reduced
25
Closed
20
Avg Time Held
0.7 years
Top 10 Avg Time Held
0.6 years
Top 20 Avg Time Held
0.8 years

Top Buys

Rank Stock Value
1
DVN icon
Devon Energy
DVN
+$304M
2
PSX icon
Phillips 66
PSX
+$152M
3
HAL icon
Halliburton
HAL
+$104M
4
LNT icon
Alliant Energy
LNT
+$103M
5
WCC icon
WESCO International
WCC
+$79.2M

Top Sells

Rank Stock Value
1
CTRA icon
Coterra Energy
CTRA
+$257M
2
SRE icon
Sempra
SRE
+$137M
3
NRG icon
NRG Energy
NRG
+$130M
4
HUBB icon
Hubbell
HUBB
+$106M
5
BP icon
BP
BP
+$74.6M

Sector Composition

Rank Sector Weight
1 Energy 48.77%
2 Utilities 15.15%
3 Industrials 12.12%
4 Materials 11.1%
5 Technology 6.09%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
FNV icon
51
Franco-Nevada
FNV
$45.3B
$35M 0.66%
167,712
+23,712
+16% +$5.53M
2026 Q1
1 quarter
BKH icon
52
Black Hills Corp
BKH
$5.83B
$33.9M 0.64%
+455,327
New +$33.5M
2026 Q2
0 quarters
CIFR icon
53
Cipher Digital
CIFR
$4.12B
$33.6M 0.63%
+1,371,500
New +$28.9M
2026 Q2
0 quarters
SDRL icon
54
Seadrill
SDRL
$2.94B
$33.5M 0.63%
886,747
+19,409
+2% +$904K
2026 Q1
1 quarter
ECL icon
55
Ecolab
ECL
$80.7B
$33M 0.62%
+118,300
New +$31.2M
2026 Q2
0 quarters
CENX icon
56
Century Aluminum
CENX
$3.29B
$31.9M 0.6%
693,537
+178,737
+35% +$10.8M
2026 Q1
1 quarter
HUT icon
57
Hut 8
HUT
$9.23B
$31.1M 0.59%
269,217
+154,308
+134% +$15M
2025 Q4
2 quarters
SUNC icon
58
SunocoCorp LLC
SUNC
$3.78B
$30.9M 0.58%
+456,100
New +$29.9M
2026 Q2
0 quarters
CGAU icon
59
Centerra Gold
CGAU
$4.12B
$29.7M 0.56%
1,873,130
-391,393
-17% -$6.86M
2025 Q4
2 quarters
NUE icon
60
Nucor
NUE
$58.4B
$28.9M 0.54%
129,793
-163,321
-56% -$37M
2025 Q4
2 quarters
MT icon
61
ArcelorMittal
MT
$47B
$23.6M 0.44%
391,406
+363,233
+1,289% +$22.7M
2026 Q1
1 quarter
FCX icon
62
Freeport-McMoran
FCX
$100B
$23.5M 0.44%
374,286
-624,478
-63% -$40.1M
2025 Q4
2 quarters
NXT icon
63
Nextpower Inc. Common Stock
NXT
$12.5B
$23.2M 0.44%
194,705
+61,498
+46% +$7.59M
2025 Q2
4 quarters
B icon
64
Barrick Mining
B
$64B
$22.2M 0.42%
+604,634
New +$24.8M
2026 Q2
0 quarters
PRIM icon
65
Primoris Services
PRIM
$4.2B
$21M 0.4%
211,913
-462,926
-69% -$60.9M
2025 Q4
2 quarters
EROK icon
66
EagleRock Land
EROK
$501M
$18.6M 0.35%
+873,238
New +$18.9M
2026 Q2
0 quarters
ARIS icon
67
Aris Mining
ARIS
$3.35B
$17.9M 0.34%
1,202,125
-194,271
-14% -$3.49M
2025 Q3
3 quarters
ET icon
68
Energy Transfer Partners
ET
$70.2B
$16M 0.3%
835,800
+319,600
+62% +$6.19M
2026 Q1
1 quarter
LAR icon
69
Lithium Argentina AG
LAR
$779M
$12.7M 0.24%
+1,540,027
New +$14.3M
2026 Q2
0 quarters
ATO icon
70
Atmos Energy
ATO
$27.7B
$12.6M 0.24%
73,124
+1,615
+2% +$289K
2024 Q4
6 quarters
BKR icon
71
Baker Hughes
BKR
$55B
$11.7M 0.22%
210,451
+37,051
+21% +$2.34M
2026 Q1
1 quarter
SLI icon
72
Standard Lithium
SLI
$341M
$11.2M 0.21%
4,057,435
+85,039
+2% +$309K
2025 Q4
2 quarters
TGB
73
Trekor Metals
TGB
$3B
$10.3M 0.19%
+1,500,000
New +$10.7M
2026 Q2
0 quarters
TBN icon
74
Tamboran Resources
TBN
$1.24B
$9.57M 0.18%
294,477
+225,598
+328% +$8.08M
2025 Q4
2 quarters
GM icon
75
General Motors
GM
$72.9B
$8.07M 0.15%
104,725
+78,097
+293% +$6.14M
2025 Q4
2 quarters
1 2
3
4 5

Similar funds

DK
DJE Kapital 82049 Pullach, Germany $5.31B AUM 55.53% 1-Year Est. Return
MA
Mutual Advisors Omaha, Nebraska $5.31B AUM 25.12% 1-Year Est. Return
Twin Tree Management
Twin Tree Management Dallas, Texas $5.31B AUM 55.82% 1-Year Est. Return
SFI
Susquehanna Fundamental Investments Bala Cynwyd, Pennsylvania $5.32B AUM 30.24% 1-Year Est. Return
CCWM
Cassaday & Co Wealth Management Mclean, Virginia $5.32B AUM 22.63% 1-Year Est. Return
JSTA
Japan Science & Technology Agency Tokyo, Japan $5.29B AUM 8.96% 1-Year Est. Return
BAAM
Baker Avenue Asset Management San Francisco, California $5.28B AUM 39.19% 1-Year Est. Return
SIA
Sit Investment Associates Minneapolis, Minnesota $5.28B AUM 14.42% 1-Year Est. Return

Merewether Investment Management's Q2 2026 Portfolio in Review

As of Q2 2026, Merewether Investment Management held 101 positions worth $5.31B, up 2.7% from $5.16B the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Merewether Investment Management deployed $206M of net new capital in Q2 2026, opening 22 new positions and adding to 34 existing holdings. Its largest new stake was Devon Energy: 6,561,677 shares worth $271M.

By sector, the portfolio is most concentrated in Energy at 49% of assets, down from 53% a quarter earlier, followed by Utilities and Industrials.

On the sell side, the largest reduction was BP, an estimated $74.6M trimmed.

  • Merewether Investment Management's largest Q2 2026 buy was Devon Energy: 6,561,677 shares worth $271M.
  • Merewether Investment Management added most to Phillips 66 in Q2 2026, an estimated $152M increase.
  • Merewether Investment Management's biggest Q2 2026 reduction was BP, cutting an estimated $74.6M.
  • Merewether Investment Management fully exited Coterra Energy in Q2 2026, selling an estimated $257M.
  • Merewether Investment Management's ten largest holdings make up 34% of its $5.31B portfolio in Q2 2026.
  • Merewether Investment Management opened 22 new positions and closed 20 in Q2 2026.
  • Merewether Investment Management's portfolio value rose 2.7% quarter-over-quarter to $5.31B.

Based on Merewether Investment Management's 13F filing for Q2 2026, filed 14 Aug 2026.