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
+11.38%
1 Year Est. Return
+86.81%
3 Year Est. Return
+264.95%
5 Year Est. Return
+658.88%
10 Year Est. Return
–
AUM
$1.65B
AUM Growth
+$277M
Cap. Flow
+$177M
Cap. Flow %
10.69%
Top 10 Hldgs %
51.42%
Holding
50
New
16
Increased
13
Reduced
10
Closed
10

Top Buys

Rank Stock Value
1
XOM icon
ExxonMobil
XOM
+$94M
2
PSX icon
Phillips 66
PSX
+$68.8M
3
FE icon
FirstEnergy
FE
+$51M
4
DINO icon
HF Sinclair
DINO
+$50.3M
5
BP icon
BP
BP
+$38.9M

Top Sells

Rank Stock Value
1
SHEL icon
Shell
SHEL
+$91.5M
2
SLB icon
SLB Ltd
SLB
+$88.5M
3
COP icon
ConocoPhillips
COP
+$38M
4
MPC icon
Marathon Petroleum
MPC
+$35.5M
5
APTV icon
Aptiv
APTV
+$33M

Sector Composition

Rank Sector Weight
1 Energy 70.6%
2 Utilities 12.37%
3 Technology 10.21%
4 Materials 3.24%
5 Consumer Discretionary 1.79%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TRGP icon
1
Targa Resources
TRGP
$58B
$117M 7.1%
1,369,243
– –
CVE icon
2
Cenovus Energy
CVE
$55.7B
$110M 6.65%
5,284,548
+1,314,300
+33% +$25.1M
XOM icon
3
ExxonMobil
XOM
$644B
$107M 6.5%
913,562
+857,000
+1,515% +$94M
VST icon
4
Vistra
VST
$50B
$107M 6.45%
3,213,077
+74,900
+2% +$2.25M
PXD
5
DELISTED
Pioneer Natural Resource Co.
PXD
$85.4M 5.16%
371,852
+78,800
+27% +$17.9M
PSX icon
6
Phillips 66
PSX
$84.9B
$73.6M 4.45%
+612,700
New +$68.8M
CHRD icon
7
Chord Energy
CHRD
$7.9B
$65.4M 3.96%
403,800
+12,545
+3% +$1.97M
EQT icon
8
EQT Corp
EQT
$33.3B
$65.2M 3.94%
1,606,047
+981
+0.1% +$40.6K
FANG icon
9
Diamondback Energy
FANG
$57.1B
$61M 3.69%
394,161
+205,000
+108% +$30.3M
FLEX icon
10
Flex
FLEX
$41.7B
$58.1M 3.51%
2,855,916
+898,113
+46% +$18.2M
WFRD icon
11
Weatherford International
WFRD
$6.29B
$54.6M 3.3%
604,575
-341,400
-36% -$28.8M
DINO icon
12
HF Sinclair
DINO
$16.5B
$52.7M 3.19%
+926,100
New +$50.3M
FTI icon
13
TechnipFMC
FTI
$28.6B
$51.9M 3.14%
2,550,018
-856,200
-25% -$16.2M
SO icon
14
Southern Company
SO
$109B
$51.1M 3.09%
790,220
+159,300
+25% +$11.1M
FE icon
15
FirstEnergy
FE
$28B
$46.9M 2.83%
+1,370,800
New +$51M
OVV icon
16
Ovintiv
OVV
$17.3B
$46.7M 2.82%
981,500
+446,700
+84% +$20.2M
MRO
17
DELISTED
Marathon Oil Corporation
MRO
$46M 2.78%
1,721,277
-971,300
-36% -$25.1M
FSLR icon
18
First Solar
FSLR
$22.7B
$44.2M 2.67%
273,498
+187,700
+219% +$35M
BP icon
19
BP
BP
$116B
$40.6M 2.46%
+1,048,400
New +$38.9M
BKR icon
20
Baker Hughes
BKR
$60B
$38.1M 2.3%
+1,078,200
New +$38.2M
XPRO icon
21
Expro Ltd
XPRO
$1.79B
$37.6M 2.27%
+1,617,300
New +$36.5M
PR
22
Permian Resources
PR
$17.8B
$36.3M 2.19%
2,599,478
-951,100
-27% -$12M
TS icon
23
Tenaris
TS
$28.9B
$35.1M 2.13%
+1,112,100
New +$35.9M
SHLS icon
24
Shoals Technologies Group
SHLS
$1.47B
$25.3M 1.53%
1,384,971
+380,708
+38% +$8.47M
ERF
25
DELISTED
Enerplus Corporation
ERF
$20.8M 1.26%
1,177,567
-40,100
-3% -$663K
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 Q3 2023 Portfolio in Review

As of Q3 2023, Merewether Investment Management held 50 positions worth $1.65B, up 20% from $1.38B the previous quarter. Its ten largest holdings account for 51% of the portfolio.

Merewether Investment Management deployed $177M of net new capital in Q3 2023, opening 16 new positions and adding to 13 existing holdings. Its largest new stake was Phillips 66: 612,700 shares worth $73.6M.

By sector, the portfolio is most concentrated in Energy at 71% of assets, up from 69% a quarter earlier, followed by Utilities and Technology.

On the sell side, the largest reduction was Aptiv, an estimated $33M trimmed.

  • Merewether Investment Management's largest Q3 2023 buy was Phillips 66: 612,700 shares worth $73.6M.
  • Merewether Investment Management added most to ExxonMobil in Q3 2023, an estimated $94M increase.
  • Merewether Investment Management's biggest Q3 2023 reduction was Aptiv, cutting an estimated $33M.
  • Merewether Investment Management fully exited Shell in Q3 2023, selling an estimated $91.5M.
  • Merewether Investment Management's ten largest holdings make up 51% of its $1.65B portfolio in Q3 2023.
  • Merewether Investment Management opened 16 new positions and closed 10 in Q3 2023.
  • Merewether Investment Management's portfolio value rose 20% quarter-over-quarter to $1.65B.

Based on Merewether Investment Management's 13F filing for Q3 2023, filed 14 Nov 2023.