We are live on
!
Find out more
TCM
Thomist Capital Management Portfolio holdings
AUM
$315M
1-Year Est. Return
50.03%
This Fund
S&P 500
This Quarter
Est. Return
+8.49%
1 Year Est. Return
+50.03%
3 Year Est. Return
+71.17%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$169M
AUM Growth
-$33.7M
(-17%)
Cap. Flow
-$43.3M
Cap. Flow
% of AUM
-25.56%
Top 10 Holdings %
Top 10 Hldgs %
90.05%
Holding
40
New
11
Increased
5
Reduced
4
Closed
20
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sigma Lithium
SGML
|
+$18.9M |
| 2 |
Chord Energy
CHRD
|
+$17.3M |
| 3 |
Peabody Energy
BTU
|
+$14.6M |
| 4 |
PDCE
PDC Energy, Inc.
PDCE
|
+$10.8M |
| 5 |
Algoma Steel
ASTL
|
+$9.35M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Marathon Petroleum
MPC
|
+$23.6M |
| 2 |
Freeport-McMoran
FCX
|
+$18.7M |
| 3 |
Magnolia Oil & Gas
MGY
|
+$18.6M |
| 4 |
Teck Resources
TECK
|
+$13M |
| 5 |
Celanese
CE
|
+$10.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 57.91% |
| 2 | Materials | 36.54% |
| 3 | Miscellaneous | 4.89% |
| 4 | Industrials | 0.66% |
| 5 | Consumer Staples | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Sigma Lithium
SGML
$1.38B
| $33.4M | 19.72% |
924,466
+590,547
| +177% | +$18.9M |
|
|
PDCE
2
DELISTED
PDC Energy, Inc.
PDCE
| $31.5M | 18.62% |
465,033
+166,234
| +56% | +$10.8M |
|
|
3
Chord Energy
CHRD
$7.99B
| $22.9M | 13.52% |
161,889
+127,623
| +372% | +$17.3M |
|
|
4
Peabody Energy
BTU
$3.53B
| $13.8M | 8.18% |
+548,909
| New | +$14.6M |
|
|
ROCC
5
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $13.1M | 7.71% |
310,497
+65,939
| +27% | +$2.7M |
|
|
6
Algoma Steel
ASTL
$442M
| $9.33M | 5.51% |
+1,223,323
| New | +$9.35M |
|
7
Alpha Metallurgical Resources
AMR
$2.87B
| $8.93M | 5.27% |
+58,391
| New | +$9.35M |
|
8
Vanguard S&P 500 ETF
VOO
$1.03T
| $8.28M | 4.89% |
+22,000
| New | +$8.07M |
|
9
California Resources
CRC
$4.64B
| $6.6M | 3.89% |
+166,600
| New | +$6.9M |
|
10
Cleveland-Cliffs
CLF
$6.63B
| $4.65M | 2.74% |
259,085
+43,963
| +20% | +$871K |
|
|
DEN
11
DELISTED
Denbury Inc.
DEN
| $3.76M | 2.22% |
+40,036
| New | +$3.37M |
|
12
CF Industries
CF
$19B
| $2.76M | 1.63% |
+37,410
| New | +$3.06M |
|
|
ARCH
13
DELISTED
Arch Resources, Inc.
ARCH
| $2.37M | 1.4% |
+18,440
| New | +$2.67M |
|
14
Par Pacific Holdings
PARR
$3.95B
| $2.03M | 1.2% |
71,641
-132,947
| -65% | -$3.55M |
|
|
15
Freeport-McMoran
FCX
$110B
| $1.4M | 0.83% |
35,000
-450,000
| -93% | -$18.7M |
|
|
CIVI
16
DELISTED
Civitas Resources
CIVI
| $1.26M | 0.75% |
17,570
-116,444
| -87% | -$7.55M |
|
17
NET Power
NPWR
$162M
| $1.11M | 0.66% |
+105,253
| New | +$1.08M |
|
18
Aemetis
AMTX
$134M
| $870K | 0.51% |
426,252
-55,434
| -12% | -$206K |
|
19
Talos Energy
TALO
$2.78B
| $735K | 0.43% |
+49,228
| New | +$848K |
|
|
PLL
20
DELISTED
Piedmont Lithium
PLL
| $538K | 0.32% |
+10,351
| New | +$628K |
|
21
Bunge Global
BG
$22.2B
| – | – |
-69,461
| Closed | -$6.93M |
|
|
22
Celanese
CE
$4.94B
| – | – |
-100,000
| Closed | -$10.2M |
|
23
Clean Energy Fuels
CLNE
$359M
| – | – |
-587,491
| Closed | -$3.05M |
|
24
Corteva
CTVA
$56B
| – | – |
-15,000
| Closed | -$882K |
|
25
Darling Ingredients
DAR
$10.1B
| – | – |
-40,000
| Closed | -$2.5M |
|
Similar funds
IWM
TC
LC
MAM
MWM
AFGI4KRSP
VAM
CF
Thomist Capital Management's Q1 2023 Portfolio in Review
As of Q1 2023, Thomist Capital Management held 40 positions worth $169M, down 17% from $203M the previous quarter. Its ten largest holdings account for 90% of the portfolio.
Thomist Capital Management withdrew a net $43.3M in Q1 2023, closing 20 positions and reducing 4 holdings. Its most notable exit was Marathon Petroleum, an estimated $23.6M position sold in full.
By sector, the portfolio is most concentrated in Energy at 58% of assets, up from 53% a quarter earlier, followed by Materials and Miscellaneous.
Against the trend, Thomist Capital Management opened a new position in Peabody Energy worth $13.8M.
- Thomist Capital Management's largest Q1 2023 buy was Peabody Energy: 548,909 shares worth $13.8M.
- Thomist Capital Management added most to Sigma Lithium in Q1 2023, an estimated $18.9M increase.
- Thomist Capital Management's biggest Q1 2023 reduction was Freeport-McMoran, cutting an estimated $18.7M.
- Thomist Capital Management fully exited Marathon Petroleum in Q1 2023, selling an estimated $23.6M.
- Thomist Capital Management's ten largest holdings make up 90% of its $169M portfolio in Q1 2023.
- Thomist Capital Management opened 11 new positions and closed 20 in Q1 2023.
- Thomist Capital Management's portfolio value fell 17% quarter-over-quarter to $169M.
Based on Thomist Capital Management's 13F filing for Q1 2023, filed 15 May 2023.