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YCM
Yaupon Capital Management Portfolio holdings
AUM
$5.08B
Turnover
57.96%
1-Year Est. Return
53.49%
This Fund
S&P 500
This Quarter Est. Return
+10.66%
1 Year Est. Return
+53.49%
3 Year Est. Return
+121.52%
5 Year Est. Return
+155.25%
10 Year Est. Return
–
AUM
$5.08B
AUM Growth
+$1.88B
(+59%)
Cap. Flow
+$924M
Cap. Flow % of AUM
Cap. Flow %
18.19%
Top 10 Holdings %
Top 10 Hldgs %
44.94%
Holding
157
New
58
Increased
37
Reduced
13
Closed
33
Avg Time Held
Equity + Options
0.5
years
Top 10 Avg Time Held
Equity + Options
0.2
years
Top 20 Avg Time Held
Equity + Options
0.3
years
Avg Time Held Equity only
0.6
years
Top 10 Avg Time Held Equity only
0.4
years
Top 20 Avg Time Held Equity only
0.4
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Devon Energy
DVN
|
+$97.5M |
| 2 |
First Solar
FSLR
|
+$63.9M |
| 3 |
American Electric Power
AEP
|
+$54.3M |
| 4 |
Legence Corp
LGN
|
+$51.1M |
| 5 |
Primoris Services
PRIM
|
+$48.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Coterra Energy
CTRA
|
+$95.3M |
| 2 |
Hut 8
HUT
|
+$56M |
| 3 |
TC Energy
TRP
|
+$43.2M |
| 4 |
CMS Energy
CMS
|
+$35.1M |
| 5 |
Coherent
COHR
|
+$34.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 41.18% |
| 2 | Energy | 22.32% |
| 3 | Utilities | 16.57% |
| 4 | Industrials | 10.69% |
| 5 | Technology | 3.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$817B
| $1.44B | 28.38% |
1,930,000
+1,120,000
| +138% | +$812M |
2025 Q3
3 quarters
|
|
2
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$47.7B
| $152M | 2.99% |
+1,760,000
| New | +$151M |
2026 Q2
0 quarters
|
|
3
National Fuel Gas
NFG
$7.43B
| $120M | 2.37% |
1,559,618
+516,346
| +49% | +$42.7M |
2024 Q1
9 quarters
|
|
|
4
Devon Energy
DVN
$56B
| $86.9M | 1.71% |
+2,102,988
| New | +$97.5M |
2026 Q2
0 quarters
|
|
|
5
CALL
First Solar
FSLR
$18.5B
| $86.1M | 1.7% |
+365,000
| New | +$85.6M |
2026 Q2
0 quarters
|
|
6
NiSource
NI
$20.1B
| $83.2M | 1.64% |
1,749,831
+506,936
| +41% | +$24M |
2025 Q4
2 quarters
|
|
7
Ovintiv
OVV
$19.4B
| $81.1M | 1.6% |
1,540,608
+444,037
| +40% | +$25.4M |
2021 Q3
19 quarters
|
|
8
Williams Companies
WMB
$86.1B
| $80.9M | 1.59% |
1,088,549
+607,368
| +126% | +$44.7M |
2025 Q3
3 quarters
|
|
9
BKV Corp
BKV
$2.48B
| $75.8M | 1.49% |
2,768,719
+728,364
| +36% | +$20M |
2024 Q3
7 quarters
|
|
10
Vistra
VST
$50.2B
| $74.6M | 1.47% |
470,483
+18,892
| +4% | +$2.93M |
2026 Q1
1 quarter
|
|
11
Talen Energy Corp
TLN
$16.6B
| $74.4M | 1.47% |
193,647
+114,491
| +145% | +$42M |
2026 Q1
1 quarter
|
|
12
PUT
Air Products & Chemicals
APD
$66.5B
| $73.3M | 1.44% |
+250,000
| New | +$72.7M |
2026 Q2
0 quarters
|
|
13
Cenovus Energy
CVE
$61.3B
| $71.7M | 1.41% |
2,891,599
+31,490
| +1% | +$869K |
2025 Q1
5 quarters
|
|
14
Entergy
ETR
$49.6B
| $70.7M | 1.39% |
615,956
+426,396
| +225% | +$48.1M |
2025 Q1
5 quarters
|
|
15
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$24.2B
| $68M | 1.34% |
+1,500,000
| New | +$67.9M |
2026 Q2
0 quarters
|
|
16
PUT
Oneok
OKE
$58.3B
| $65.2M | 1.28% |
+750,000
| New | +$66.1M |
2026 Q2
0 quarters
|
|
|
17
First Solar
FSLR
$18.5B
| $64.3M | 1.27% |
+272,379
| New | +$63.9M |
2026 Q2
0 quarters
|
|
18
PUT
MasTec
MTZ
$15.3B
| $62.4M | 1.23% |
+150,000
| New | +$57.3M |
2026 Q2
0 quarters
|
|
19
Permian Resources
PR
$20.8B
| $62M | 1.22% |
3,367,361
+344,879
| +11% | +$6.93M |
2023 Q1
13 quarters
|
|
20
Public Service Enterprise Group
PEG
$35B
| $57.3M | 1.13% |
706,023
+40,255
| +6% | +$3.22M |
2025 Q4
2 quarters
|
|
21
Duke Energy
DUK
$93B
| $56.9M | 1.12% |
449,340
+111,612
| +33% | +$14.1M |
2024 Q3
7 quarters
|
|
|
22
American Electric Power
AEP
$67.9B
| $56.4M | 1.11% |
+412,431
| New | +$54.3M |
2026 Q2
0 quarters
|
|
23
Forgent Power Solutions
FPS
$8.65B
| $55.9M | 1.1% |
1,000,000
+600,000
| +150% | +$27.4M |
2026 Q1
1 quarter
|
|
|
24
Legence Corp
LGN
$3.4B
| $53.5M | 1.05% |
+627,256
| New | +$51.1M |
2026 Q2
0 quarters
|
|
25
H2O America
HTO
$2.34B
| $51.8M | 1.02% |
851,846
-43,589
| -5% | -$2.53M |
2025 Q4
2 quarters
|
|
Similar funds
WAM
Yaupon Capital Management's Q2 2026 Portfolio in Review
As of Q2 2026, Yaupon Capital Management held 157 positions worth $5.08B, up 59% from $3.2B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Yaupon Capital Management deployed $924M of net new capital in Q2 2026, opening 58 new positions and adding to 37 existing holdings. Its largest new stake was Devon Energy: 2,102,988 shares worth $86.9M.
By sector, the portfolio is most concentrated in Miscellaneous at 41% of assets, up from 37% a quarter earlier, followed by Energy and Utilities.
On the sell side, the largest reduction was Hut 8, an estimated $56M trimmed.
- Yaupon Capital Management's largest Q2 2026 buy was Devon Energy: 2,102,988 shares worth $86.9M.
- Yaupon Capital Management added most to Entergy in Q2 2026, an estimated $48.1M increase.
- Yaupon Capital Management's biggest Q2 2026 reduction was Hut 8, cutting an estimated $56M.
- Yaupon Capital Management fully exited Coterra Energy in Q2 2026, selling an estimated $95.3M.
- Yaupon Capital Management's ten largest holdings make up 45% of its $5.08B portfolio in Q2 2026.
- Yaupon Capital Management opened 58 new positions and closed 33 in Q2 2026.
- Yaupon Capital Management's portfolio value rose 59% quarter-over-quarter to $5.08B.
Based on Yaupon Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.