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
+32.09%
1 Year Est. Return
+73.7%
3 Year Est. Return
+262.17%
5 Year Est. Return
+573.25%
10 Year Est. Return
–
AUM
$5.16B
AUM Growth
+$817M
Cap. Flow
-$213M
Cap. Flow %
-4.12%
Top 10 Hldgs %
35.41%
Holding
100
New
23
Increased
20
Reduced
36
Closed
21
Avg Time Held
0.7 years
Top 10 Avg Time Held
0.6 years
Top 20 Avg Time Held
0.7 years

Top Buys

Rank Stock Value
1
CTRA icon
Coterra Energy
CTRA
+$157M
2
DAR icon
Darling Ingredients
DAR
+$120M
3
VST icon
Vistra
VST
+$116M
4
TTE icon
TotalEnergies
TTE
+$72.6M
5
MPC icon
Marathon Petroleum
MPC
+$62.7M

Top Sells

Rank Stock Value
1
EXE icon
Expand Energy Corp
EXE
+$95.8M
2
MTZ icon
MasTec
MTZ
+$93.7M
3
FSLR icon
First Solar
FSLR
+$84.9M
4
ETR icon
Entergy
ETR
+$70.7M
5
XOM icon
ExxonMobil
XOM
+$68.3M

Sector Composition

Rank Sector Weight
1 Energy 53.14%
2 Utilities 15.89%
3 Materials 10.45%
4 Industrials 10.2%
5 Consumer Staples 6.74%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
CTRA icon
1
DELISTED
Coterra Energy
CTRA
$257M 4.97%
7,301,691
+5,228,191
+252% +$157M
2025 Q4
1 quarter
OVV icon
2
Ovintiv
OVV
$18.5B
$254M 4.92%
4,283,314
+670,617
+19% +$32.4M
2025 Q1
4 quarters
DAR icon
3
Darling Ingredients
DAR
$9.84B
$206M 3.98%
3,324,523
+2,446,409
+279% +$120M
2025 Q1
4 quarters
SU icon
4
Suncor Energy
SU
$88.8B
$205M 3.97%
3,103,851
-173,653
-5% -$9.6M
2025 Q1
4 quarters
VST icon
5
Vistra
VST
$50.5B
$168M 3.25%
1,115,621
+718,299
+181% +$116M
2022 Q2
15 quarters
BP icon
6
BP
BP
$126B
$166M 3.22%
3,541,397
+533,297
+18% +$20.9M
2025 Q4
1 quarter
TRGP icon
7
Targa Resources
TRGP
$62.6B
$163M 3.15%
648,440
-101,137
-13% -$21.9M
2021 Q2
19 quarters
BG icon
8
Bunge Global
BG
$20.9B
$142M 2.75%
1,118,543
-14,157
-1% -$1.64M
2025 Q3
2 quarters
SRE icon
9
Sempra
SRE
$53.6B
$137M 2.66%
1,412,788
-134,344
-9% -$12.3M
2025 Q1
4 quarters
PR icon
10
Permian Resources
PR
$20.2B
$131M 2.54%
6,148,515
-114,622
-2% -$1.98M
2023 Q1
12 quarters
LNG icon
11
Cheniere Energy
LNG
$58.1B
$130M 2.52%
459,471
+110,871
+32% +$25.6M
2025 Q3
2 quarters
NRG icon
12
NRG Energy
NRG
$21.2B
$130M 2.52%
890,906
+125,280
+16% +$19.7M
2025 Q3
2 quarters
CNP icon
13
CenterPoint Energy
CNP
$26.2B
$127M 2.47%
2,952,405
+55,405
+2% +$2.29M
2025 Q1
4 quarters
CVE icon
14
Cenovus Energy
CVE
$60.2B
$127M 2.45%
4,771,600
+2,695,009
+130% +$57.5M
2024 Q1
8 quarters
ETR icon
15
Entergy
ETR
$50B
$123M 2.38%
1,094,542
-702,358
-39% -$70.7M
2024 Q4
5 quarters
XEL icon
16
Xcel Energy
XEL
$47B
$122M 2.36%
1,531,542
-636,168
-29% -$49.9M
2025 Q2
3 quarters
WMB icon
17
Williams Companies
WMB
$89.6B
$121M 2.35%
1,668,428
-672,572
-29% -$46.6M
2025 Q4
1 quarter
DTM icon
18
DT Midstream
DTM
$12.6B
$112M 2.18%
835,006
-207,594
-20% -$27.1M
2025 Q1
4 quarters
NVT icon
19
nVent Electric
NVT
$24.7B
$112M 2.18%
950,331
-385,243
-29% -$43.7M
2025 Q2
3 quarters
HUBB icon
20
Hubbell
HUBB
$24.9B
$106M 2.06%
216,337
+113,417
+110% +$55.7M
2025 Q2
3 quarters
PRIM icon
21
Primoris Services
PRIM
$4.1B
$96.5M 1.87%
674,839
-106,861
-14% -$15.6M
2025 Q4
1 quarter
TTE icon
22
TotalEnergies
TTE
$197B
$86.4M 1.67%
+949,800
New +$72.6M
2026 Q1
0 quarters
CNR icon
23
Core Natural Resources Inc
CNR
$4.44B
$76.1M 1.47%
726,634
+387,234
+114% +$36.9M
2025 Q4
1 quarter
MPC icon
24
Marathon Petroleum
MPC
$135B
$75.8M 1.47%
+310,500
New +$62.7M
2026 Q1
0 quarters
MTZ icon
25
MasTec
MTZ
$15.5B
$71.8M 1.39%
223,061
-346,079
-61% -$93.7M
2024 Q4
5 quarters
1
2 3 4

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MA
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Twin Tree Management
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SFI
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CCWM
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JSTA
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BAAM
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SIA
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Merewether Investment Management's Q1 2026 Portfolio in Review

As of Q1 2026, Merewether Investment Management held 100 positions worth $5.16B, up 19% from $4.35B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Merewether Investment Management withdrew a net $213M in Q1 2026, closing 21 positions and reducing 36 holdings. Its most notable exit was First Solar, an estimated $84.9M position sold in full.

By sector, the portfolio is most concentrated in Energy at 53% of assets, up from 43% a quarter earlier, followed by Utilities and Materials.

Against the trend, Merewether Investment Management opened a new position in TotalEnergies worth $86.4M.

  • Merewether Investment Management's largest Q1 2026 buy was TotalEnergies: 949,800 shares worth $86.4M.
  • Merewether Investment Management added most to Coterra Energy in Q1 2026, an estimated $157M increase.
  • Merewether Investment Management's biggest Q1 2026 reduction was Expand Energy Corp, cutting an estimated $95.8M.
  • Merewether Investment Management fully exited First Solar in Q1 2026, selling an estimated $84.9M.
  • Merewether Investment Management's ten largest holdings make up 35% of its $5.16B portfolio in Q1 2026.
  • Merewether Investment Management opened 23 new positions and closed 21 in Q1 2026.
  • Merewether Investment Management's portfolio value rose 19% quarter-over-quarter to $5.16B.

Based on Merewether Investment Management's 13F filing for Q1 2026, filed 15 May 2026.