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Nokomis Capital Portfolio holdings
AUM
$290M
1-Year Est. Return
55.12%
This Fund
S&P 500
This Quarter
Est. Return
+11.73%
1 Year Est. Return
+55.12%
3 Year Est. Return
+144.9%
5 Year Est. Return
+272.78%
10 Year Est. Return
+1,647.6%
AUM
$301M
AUM Growth
+$20.1M
(+7.1%)
Cap. Flow
-$12.5M
Cap. Flow
% of AUM
-4.14%
Top 10 Holdings %
Top 10 Hldgs %
53.92%
Holding
62
New
5
Increased
16
Reduced
14
Closed
12
Avg Time Held Equity + Options
7.7
quarters
Top 10 Avg Time Held Equity + Options
4
quarters
Top 20 Avg Time Held Equity + Options
3.3
quarters
Avg Time Held Equity only
8.3
quarters
Top 10 Avg Time Held Equity only
3.6
quarters
Top 20 Avg Time Held Equity only
4.3
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
i-80 Gold Corp
IAUX
|
+$15.3M |
| 2 |
Shoe Station Group
SHOE
|
+$6.3M |
| 3 |
SPDR Gold Trust
GLD
|
+$5.74M |
| 4 |
KKR Real Estate Finance Trust
KREF
|
+$3.13M |
| 5 |
Coeur Mining
CDE
|
+$2.71M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MAG
MAG Silver
MAG
|
+$13.8M |
| 2 |
Landsea Homes
LSEA
|
+$11.2M |
| 3 |
Mayville Engineering Co
MEC
|
+$4.66M |
| 4 |
Caleres
CAL
|
+$4.5M |
| 5 |
Toll Brothers
TOL
|
+$4.41M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 36.94% |
| 2 | Consumer Discretionary | 17.78% |
| 3 | Materials | 17.57% |
| 4 | Energy | 16.79% |
| 5 | Real Estate | 3.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
CALL
SPDR Gold Trust
GLD
$141B
| $43.8M | 14.55% |
143,800
+44,700
| +45% | +$13.5M |
2024 Q1
5 quarters
|
|
2
MGM Resorts International
MGM
$7.4B
| $24M | 7.96% |
697,537
+42,800
| +7% | +$1.36M |
2024 Q3
3 quarters
|
|
|
3
i-80 Gold Corp
IAUX
$1.33B
| $15.6M | 5.16% |
+26,000,000
| New | +$15.3M |
2025 Q2
0 quarters
|
|
4
Seadrill
SDRL
$3.06B
| $13.7M | 4.53% |
520,002
-43,703
| -8% | -$1.03M |
2023 Q2
8 quarters
|
|
5
VanEck Gold Miners ETF
GDX
$26.2B
| $12.5M | 4.14% |
239,795
-14,400
| -6% | -$715K |
2013 Q2
48 quarters
|
|
6
Beazer Homes USA
BZH
$892M
| $11.3M | 3.74% |
503,966
+102,707
| +26% | +$2.13M |
2023 Q3
7 quarters
|
|
7
Antero Resources
AR
$11.5B
| $11.3M | 3.74% |
279,508
+54,208
| +24% | +$2.05M |
2022 Q1
13 quarters
|
|
8
NexGen Energy
NXE
$5.68B
| $10.9M | 3.6% |
1,564,848
+124,800
| +9% | +$705K |
2023 Q3
7 quarters
|
|
|
9
SPDR Gold Trust
GLD
$141B
| $9.87M | 3.27% |
32,367
+18,950
| +141% | +$5.74M |
2013 Q2
48 quarters
|
|
10
Hudbay
HBM
$11.4B
| $9.68M | 3.21% |
912,730
+52,700
| +6% | +$439K |
2023 Q1
9 quarters
|
|
|
NGD
11
DELISTED
New Gold Inc
NGD
| $9.48M | 3.15% |
1,915,282
| – | – |
2024 Q3
3 quarters
|
|
12
CALL
iShares Silver Trust
SLV
$28.8B
| $9.47M | 3.14% |
288,700
+138,800
| +93% | +$4.25M |
2024 Q1
5 quarters
|
|
13
Roman DBDR Acquisition Corp II
DRDB
$330M
| $7.22M | 2.4% |
700,498
-48,100
| -6% | -$490K |
2025 Q1
1 quarter
|
|
|
14
Caleres
CAL
$424M
| $7.12M | 2.36% |
582,756
-299,939
| -34% | -$4.5M |
2024 Q4
2 quarters
|
|
|
15
Coeur Mining
CDE
$16.7B
| $6.51M | 2.16% |
734,642
+372,387
| +103% | +$2.71M |
2025 Q1
1 quarter
|
|
|
16
Shoe Station Group
SHOE
$356M
| $6.19M | 2.06% |
+331,103
| New | +$6.3M |
2025 Q2
0 quarters
|
|
17
Sprott Physical Silver Trust
PSLV
$12.2B
| $5.87M | 1.95% |
479,721
+156,900
| +49% | +$1.78M |
2023 Q3
7 quarters
|
|
18
VanEck Junior Gold Miners ETF
GDXJ
$8.2B
| $5.83M | 1.94% |
86,315
-6,200
| -7% | -$392K |
2013 Q2
48 quarters
|
|
19
Hallador Energy
HNRG
$658M
| $5.74M | 1.9% |
362,531
+2,122
| +0.6% | +$32.8K |
2025 Q1
1 quarter
|
|
20
Sprott Physical Platinum and Palladium Trust
SPPP
$530M
| $5.22M | 1.73% |
444,923
| – | – |
2024 Q1
5 quarters
|
|
21
Greenfire Resources
GFR
$1.63B
| $5.18M | 1.72% |
1,161,725
| – | – |
2024 Q1
5 quarters
|
|
22
Amplify Junior Silver Miners ETF
SILJ
$3.41B
| $5.11M | 1.7% |
345,605
-72,242
| -17% | -$940K |
2021 Q1
17 quarters
|
|
23
DELISTED
Coterra Energy
CTRA
| $5.11M | 1.7% |
201,217
-65,400
| -25% | -$1.66M |
2025 Q1
1 quarter
|
|
24
Century Casinos
CNTY
$23.8M
| $5M | 1.66% |
2,361,793
| – | – |
2022 Q3
11 quarters
|
|
25
ACRES Commercial Realty
ACR
$159M
| $4.57M | 1.52% |
254,797
| – | – |
2024 Q1
5 quarters
|
|
Similar funds
BCP
NWP
FCMI
VG
LIA
SIM
KLCMU
SIA
Nokomis Capital's Q2 2025 Portfolio in Review
As of Q2 2025, Nokomis Capital held 62 positions worth $301M, up 7.1% from $281M the previous quarter. Its ten largest holdings account for 54% of the portfolio.
Nokomis Capital withdrew a net $12.5M in Q2 2025, closing 12 positions and reducing 14 holdings. Its most notable exit was Landsea Homes, an estimated $11.2M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 37% of assets, up from 32% a quarter earlier, followed by Consumer Discretionary and Materials.
Against the trend, Nokomis Capital opened a new position in i-80 Gold Corp worth $15.6M.
- Nokomis Capital's largest Q2 2025 buy was i-80 Gold Corp: 26,000,000 shares worth $15.6M.
- Nokomis Capital added most to SPDR Gold Trust in Q2 2025, an estimated $5.74M increase.
- Nokomis Capital's biggest Q2 2025 reduction was MAG Silver, cutting an estimated $13.8M.
- Nokomis Capital fully exited Landsea Homes in Q2 2025, selling an estimated $11.2M.
- Nokomis Capital's ten largest holdings make up 54% of its $301M portfolio in Q2 2025.
- Nokomis Capital opened 5 new positions and closed 12 in Q2 2025.
- Nokomis Capital's portfolio value rose 7.1% quarter-over-quarter to $301M.
Based on Nokomis Capital's 13F filing for Q2 2025, filed 14 Aug 2025.