Latest Merewether Investment Management, LP Stock Portfolio

Merewether Investment Management, LP Performance:

2024 Q3: 2.38%YTD: 24.22%2023: 11.69%

Performance for 2024 Q3 is 2.38%, and YTD is 24.22%, and 2023 is 11.69%.

About Merewether Investment Management, LP and 13F Hedge Fund Stock Holdings

Merewether Investment Management, LP is a hedge fund based in DALLAS, TX. On 04-May-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.6 Billions. In it's latest 13F Holdings report, Merewether Investment Management, LP reported an equity portfolio of $2.2 Billions as of 30 Sep, 2024.

The top stock holdings of Merewether Investment Management, LP are , , TRGP. The fund has invested 9% of it's portfolio in TC ENERGY CORP and 7.3% of portfolio in GE VERNOVA INC.

The fund managers got completely rid off SUNCOR ENERGY INC NEW, CENTERPOINT ENERGY INC (CNP) and MARATHON PETE CORP (MPC) stocks. They significantly reduced their stock positions in PUBLIC SVC ENTERPRISE GRP IN (PEG), WEATHERFORD INTL PLC (WFRD) and SCHLUMBERGER LTD (SLB). Merewether Investment Management, LP opened new stock positions in CONOCOPHILLIPS (COP), TALEN ENERGY CORP and NATIONAL GRID PLC (NGG). The fund showed a lot of confidence in some stocks as they added substantially to FIRST SOLAR INC (FSLR), WARRIOR MET COAL INC (HCC) and NVENT ELECTRIC PLC (NVT).

Merewether Investment Management, LP Annual Return Estimates Vs S&P 500

Our best estimate is that Merewether Investment Management, LP made a return of 2.38% in the last quarter. In trailing 12 months, it's portfolio return was 25.58%.

New Buys

Ticker	$ Bought
conocophillips	124,915,000
talen energy corp	101,634,000
national grid plc	66,534,800
enlink midstream llc	64,476,600
xcel energy inc	64,300,900
enterprise prods partners l	30,746,000
cameco corp	26,014,900
sensata technologies hldg pl	25,446,300

New stocks bought by Merewether Investment Management, LP

Additions

Ticker	% Inc.
first solar inc	993
warrior met coal inc	441
nvent electric plc	310
canadian nat res ltd	86.55
cheniere energy inc	73.78
autoliv inc	72.97
kinetik holdings inc	56.65
kirby corp	48.7

Additions to existing portfolio by Merewether Investment Management, LP

Reductions

Ticker	% Reduced
public svc enterprise grp in	-98.45
weatherford intl plc	-85.52
schlumberger ltd	-82.45
chevron corp new	-71.98
energy transfer l p	-70.9
technipfmc plc	-70.04
vistra corp	-54.11
itron inc	-51.23

Merewether Investment Management, LP reduced stake in above stock

Sold off

Ticker	$ Sold
veren inc	-36,681,400
suncor energy inc new	-42,268,100
centerpoint energy inc	-31,187,600
phinia inc	-13,469,000
lithium amers corp new	-858,404
marathon pete corp	-27,062,900
civitas resources inc	-9,936,000
nrg energy inc	-1,018,640

Merewether Investment Management, LP got rid off the above stocks

Sector Distribution

Merewether Investment Management, LP has about 38.6% of it's holdings in Energy sector.

Sector	%
Energy	38.6
Others	37.5
Utilities	8.7
Technology	7.8
Basic Materials	5.2
Industrials	2.1

Market Cap. Distribution

Merewether Investment Management, LP has about 45.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	43.6
UNALLOCATED	37.5
MID-CAP	16.6
MEGA-CAP	2.2

Stocks belong to which Index?

About 37.6% of the stocks held by Merewether Investment Management, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	62.4
S&P 500	29.7
RUSSELL 2000	7.9

Top 5 Winners (%)		%
ET	energy transfer l p	448.0 %
LPX	louisiana pac corp	28.4 %
VST	vistra corp	17.0 %
VNOM	viper energy inc	16.0 %
AES	aes corp	14.2 %

Top 5 Winners ($)		$
ET	energy transfer l p	28.9 M
VST	vistra corp	28.0 M
TRGP	targa res corp	15.0 M
FLEX	flex ltd	7.8 M
FSLR	first solar inc	7.4 M

Top 5 Losers (%)		%
XPRO	expro group holdings nv	-24.3 %
WFRD	weatherford intl plc	-14.7 %
PR	permian resources corp	-14.5 %
FANG	diamondback energy inc	-13.1 %
AR	antero resources corp	-12.9 %

Top 5 Losers ($)		$
FANG	diamondback energy inc	-15.7 M
PR	permian resources corp	-13.8 M
AR	antero resources corp	-12.4 M
WFRD	weatherford intl plc	-9.9 M
COP	conocophillips	-6.6 M

Merewether Investment Management, LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Merewether Investment Management, LP

Merewether Investment Management, LP has 46 stocks in it's portfolio. About 54% of the portfolio is in top 10 stocks. FANG proved to be the most loss making stock for the portfolio. ET was the most profitable stock for Merewether Investment Management, LP last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AES	aes corp	0.88	951,100	19,079,100	added	0.21

ALV	autoliv inc	0.03	6,400	597,568	added	72.97

AR	antero resources corp	2.62	1,983,650	56,831,500	reduced	-32.62

CIVI	civitas resources inc	0.00	0.00	0.00	sold off	-100

CNP	centerpoint energy inc	0.00	0.00	0.00	sold off	-100

COP	conocophillips	5.76	1,186,500	124,915,000	new

CVX	chevron corp new	0.56	82,300	12,120,300	reduced	-71.98

ENLC	enlink midstream llc	2.97	4,443,600	64,476,600	new

EPD	enterprise prods partners l	1.42	1,056,200	30,746,000	new

EQT	eqt corp	2.90	1,720,000	63,020,800	reduced	-8.42

ET	energy transfer l p	1.42	1,918,210	30,787,300	reduced	-70.9

EXP	eagle matls inc	1.04	78,400	22,551,800	new

FANG	diamondback energy inc	4.42	556,539	95,947,300	reduced	-6.86

FLEX	flex ltd	2.15	1,393,900	46,598,100	reduced	-43.54

FSLR	first solar inc	3.71	322,936	80,553,200	added	993

FTI	technipfmc plc	1.18	976,555	25,615,000	reduced	-70.04

HCC	warrior met coal inc	2.34	793,300	50,691,900	added	441

ITRI	itron inc	0.75	151,771	16,210,700	reduced	-51.23

KEX	kirby corp	1.32	234,500	28,709,800	added	48.7

KNTK	kinetik holdings inc	1.38	662,300	29,975,700	added	56.65