We are live on ! Find out more
MIM

Merewether Investment Management Portfolio holdings

AUM $5.16B
1-Year Est. Return 86.81%
This Fund
S&P 500
This Quarter Est. Return
+6.02%
1 Year Est. Return
+86.81%
3 Year Est. Return
+264.95%
5 Year Est. Return
+658.88%
10 Year Est. Return
–
AUM
$1.38B
AUM Growth
+$247M
Cap. Flow
+$181M
Cap. Flow %
13.15%
Top 10 Hldgs %
54.19%
Holding
47
New
11
Increased
16
Reduced
7
Closed
13

Top Buys

Rank Stock Value
1
PXD
Pioneer Natural Resource Co.
PXD
+$61.7M
2
EQT icon
EQT Corp
EQT
+$56.8M
3
SO icon
Southern Company
SO
+$45.2M
4
APTV icon
Aptiv
APTV
+$45M
5
VST icon
Vistra
VST
+$38.3M

Top Sells

Rank Stock Value
1
CNQ icon
Canadian Natural Resources
CNQ
+$46M
2
NEE icon
NextEra Energy
NEE
+$32.8M
3
DEN
Denbury Inc.
DEN
+$30.9M
4
SEDG icon
SolarEdge
SEDG
+$28.6M
5
DINO icon
HF Sinclair
DINO
+$26.2M

Sector Composition

Rank Sector Weight
1 Energy 69.31%
2 Utilities 10.9%
3 Technology 10.58%
4 Consumer Discretionary 3.38%
5 Industrials 3.37%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TRGP icon
1
Targa Resources
TRGP
$58B
$104M 7.57%
1,369,243
+163,109
+14% +$11.8M
SHEL icon
2
Shell
SHEL
$254B
$91.5M 6.65%
1,515,498
+74,909
+5% +$4.5M
SLB icon
3
SLB Ltd
SLB
$73.6B
$88.5M 6.43%
1,802,256
+296,475
+20% +$14.1M
VST icon
4
Vistra
VST
$50B
$82.4M 5.99%
3,138,177
+1,569,082
+100% +$38.3M
CVE icon
5
Cenovus Energy
CVE
$55.7B
$67.4M 4.9%
3,970,248
+776,933
+24% +$13.1M
EQT icon
6
EQT Corp
EQT
$33.3B
$66M 4.8%
+1,605,066
New +$56.8M
WFRD icon
7
Weatherford International
WFRD
$6.29B
$62.8M 4.57%
945,975
-146,394
-13% -$9.01M
MRO
8
DELISTED
Marathon Oil Corporation
MRO
$62M 4.5%
2,692,577
-30,159
-1% -$710K
PXD
9
DELISTED
Pioneer Natural Resource Co.
PXD
$60.7M 4.41%
+293,052
New +$61.7M
CHRD icon
10
Chord Energy
CHRD
$7.9B
$60.2M 4.37%
391,255
+15,587
+4% +$2.26M
FTI icon
11
TechnipFMC
FTI
$28.6B
$56.6M 4.11%
3,406,218
+277,318
+9% +$3.91M
APTV icon
12
Aptiv
APTV
$12B
$46.5M 3.38%
+455,100
New +$45M
SO icon
13
Southern Company
SO
$109B
$44.3M 3.22%
+630,920
New +$45.2M
FLEX icon
14
Flex
FLEX
$41.7B
$40.8M 2.96%
1,957,803
+1,375,781
+236% +$24.5M
PR
15
Permian Resources
PR
$17.8B
$38.9M 2.83%
3,550,578
+2,228,538
+169% +$22.8M
COP icon
16
ConocoPhillips
COP
$147B
$38M 2.76%
366,773
-227,921
-38% -$23.4M
MPC icon
17
Marathon Petroleum
MPC
$92.4B
$35.5M 2.58%
304,085
-110,270
-27% -$12.8M
NOVA
18
DELISTED
Sunnova Energy
NOVA
$33M 2.4%
1,803,956
-37,439
-2% -$635K
MTZ icon
19
MasTec
MTZ
$20.8B
$31.8M 2.31%
269,153
-54,947
-17% -$5.38M
NXT icon
20
Nextpower Inc
NXT
$13.6B
$29.8M 2.16%
+748,200
New +$27.4M
IMO icon
21
Imperial Oil
IMO
$62.7B
$26.9M 1.95%
524,465
+229,765
+78% +$11.4M
NE icon
22
Noble Corp
NE
$6.77B
$25.7M 1.87%
623,305
+250,405
+67% +$9.64M
SHLS icon
23
Shoals Technologies Group
SHLS
$1.47B
$25.7M 1.87%
1,004,263
+240,563
+31% +$5.56M
FANG icon
24
Diamondback Energy
FANG
$57.1B
$24.8M 1.81%
+189,161
New +$25.3M
NEE icon
25
NextEra Energy
NEE
$181B
$23.4M 1.7%
314,712
-433,427
-58% -$32.8M
1
2

Similar funds

AAI
Aequim Alternative Investments Mill Valley, California $5.16B AUM 9.8% 1-Year Est. Return
SCM
Snyder Capital Management San Francisco, California $5.16B AUM 26.72% 1-Year Est. Return
AP
Antipodes Partners Royal Exchange, Australia $5.19B AUM 36.17% 1-Year Est. Return
MS
Maven Securities St Helier, Jersey $5.2B AUM 44.01% 1-Year Est. Return
AUB
Atlantic Union Bankshares Glen Allen, Virginia $5.21B AUM 19.46% 1-Year Est. Return
PA
Perceptive Advisors New York $5.12B AUM 314.02% 1-Year Est. Return
BG
Baupost Group Boston, Massachusetts $5.12B AUM 15.99% 1-Year Est. Return
KACA
Kayne Anderson Capital Advisors Los Angeles, California $5.22B AUM 17.11% 1-Year Est. Return

Merewether Investment Management's Q2 2023 Portfolio in Review

As of Q2 2023, Merewether Investment Management held 47 positions worth $1.38B, up 22% from $1.13B the previous quarter. Its ten largest holdings account for 54% of the portfolio.

Merewether Investment Management deployed $181M of net new capital in Q2 2023, opening 11 new positions and adding to 16 existing holdings. Its largest new stake was Pioneer Natural Resource Co.: 293,052 shares worth $60.7M.

By sector, the portfolio is most concentrated in Energy at 69% of assets, down from 75% a quarter earlier, followed by Utilities and Technology.

On the sell side, the largest reduction was NextEra Energy, an estimated $32.8M trimmed.

  • Merewether Investment Management's largest Q2 2023 buy was Pioneer Natural Resource Co.: 293,052 shares worth $60.7M.
  • Merewether Investment Management added most to Vistra in Q2 2023, an estimated $38.3M increase.
  • Merewether Investment Management's biggest Q2 2023 reduction was NextEra Energy, cutting an estimated $32.8M.
  • Merewether Investment Management fully exited Canadian Natural Resources in Q2 2023, selling an estimated $46M.
  • Merewether Investment Management's ten largest holdings make up 54% of its $1.38B portfolio in Q2 2023.
  • Merewether Investment Management opened 11 new positions and closed 13 in Q2 2023.
  • Merewether Investment Management's portfolio value rose 22% quarter-over-quarter to $1.38B.

Based on Merewether Investment Management's 13F filing for Q2 2023, filed 14 Aug 2023.