Latest Sourcerock Group LLC Stock Portfolio
$1.41Billion– No. of Holdings #34
Sourcerock Group LLC Performance:
2024 Q2: -2.83%YTD: 3.91%2023: 0.62%
Performance for 2024 Q2 is -2.83%, and YTD is 3.91%, and 2023 is 0.62%.
About Sourcerock Group LLC and 13F Hedge Fund Stock Holdings
Sourcerock Group LLC is a hedge fund based in DENVER, CO. On 01-May-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.2 Billions. In it's latest 13F Holdings report, Sourcerock Group LLC reported an equity portfolio of $1.4 Billions as of 30 Jun, 2024.
The top stock holdings of Sourcerock Group LLC are AR, CIVI, EQT. The fund has invested 13.7% of it's portfolio in ANTERO RESOURCES CORP and 10.8% of portfolio in CIVITAS RESOURCES INC.
The fund managers got completely rid off MARATHON OIL CORP (MRO), PROFRAC HLDG CORP (PFHC) and FLUENCE ENERGY INC (FLNC) stocks. They significantly reduced their stock positions in OVINTIV INC (OVV), CHORD ENERGY CORPORATION (CHRD) and SEADRILL 2021 LTD. Sourcerock Group LLC opened new stock positions in EQT CORP (EQT), CALIFORNIA RES CORP (CRC) and NOV INC (NOV). The fund showed a lot of confidence in some stocks as they added substantially to MP MATERIALS CORP (MP), CHENIERE ENERGY INC (LNG) and XCEL ENERGY INC (XEL).
The top stock holdings of Sourcerock Group LLC are AR, CIVI, EQT. The fund has invested 13.7% of it's portfolio in ANTERO RESOURCES CORP and 10.8% of portfolio in CIVITAS RESOURCES INC.
The fund managers got completely rid off MARATHON OIL CORP (MRO), PROFRAC HLDG CORP (PFHC) and FLUENCE ENERGY INC (FLNC) stocks. They significantly reduced their stock positions in OVINTIV INC (OVV), CHORD ENERGY CORPORATION (CHRD) and SEADRILL 2021 LTD. Sourcerock Group LLC opened new stock positions in EQT CORP (EQT), CALIFORNIA RES CORP (CRC) and NOV INC (NOV). The fund showed a lot of confidence in some stocks as they added substantially to MP MATERIALS CORP (MP), CHENIERE ENERGY INC (LNG) and XCEL ENERGY INC (XEL).
Sourcerock Group LLC Equity Portfolio Value
Last Reported on: 14 Aug, 2024
Sourcerock Group LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Sourcerock Group LLC made a return of -2.83% in the last quarter. In trailing 12 months, it's portfolio return was 6.63%.
New Buys
| Ticker | $ Bought |
|---|---|
| eqt corp | 134,891,000 |
| california res corp | 37,903,000 |
| nov inc | 21,728,400 |
| first solar inc | 16,909,500 |
| sunnova energy intl inc. | 11,578,500 |
| murphy oil corp | 8,248,000 |
| scorpio tankers inc | 8,129,000 |
| nextracker inc | 4,922,400 |
New stocks bought by Sourcerock Group LLC
Additions
| Ticker | % Inc. |
|---|---|
| mp materials corp | 119 |
| cheniere energy inc | 73.75 |
| xcel energy inc | 72.05 |
| cemex sab de cv | 51.5 |
| array technologies inc | 47.17 |
| schlumberger ltd | 38.89 |
| expro group holdings nv | 31.84 |
| oceaneering intl inc | 30.12 |
Additions to existing portfolio by Sourcerock Group LLC
Reductions
| Ticker | % Reduced |
|---|---|
| ovintiv inc | -51.62 |
| chord energy corporation | -45.93 |
| seadrill 2021 ltd | -27.41 |
| noble corp plc | -14.53 |
| select sector spdr tr | -13.27 |
| pembina pipeline corp | -0.07 |
| consolidated edison inc | -0.06 |
| exelon corp | -0.06 |
Sourcerock Group LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| profrac hldg corp | -9,705,680 |
| baytex energy corp | -2,577,620 |
| fluence energy inc | -8,838,040 |
| compass minerals intl inc | -6,036,010 |
| marathon oil corp | -10,211,900 |
| enbridge inc | -2,974,000 |
| atlantica sustainable infr p | -1,457,500 |
| targa res corp | -3,131,690 |
Sourcerock Group LLC got rid off the above stocks
Sector Distribution
Sourcerock Group LLC has about 69.7% of it's holdings in Energy sector.
| Sector | % |
|---|---|
| Energy | 69.7 |
| Others | 21 |
| Technology | 7.2 |
| Basic Materials | 1.6 |
Market Cap. Distribution
Sourcerock Group LLC has about 18.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 44.4 |
| UNALLOCATED | 21 |
| LARGE-CAP | 18.7 |
| SMALL-CAP | 15.9 |
Stocks belong to which Index?
About 57.5% of the stocks held by Sourcerock Group LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 43.5 |
| Others | 42.5 |
| S&P 500 | 14 |
Sourcerock Group LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Sourcerock Group LLC
Sourcerock Group LLC has 34 stocks in it's portfolio. About 74.1% of the portfolio is in top 10 stocks. ARRY proved to be the most loss making stock for the portfolio. AR was the most profitable stock for Sourcerock Group LLC last quarter.
Last Reported on: 14 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AR | antero resources corp | 13.65 | 5,905,010 | 192,681,000 | added | 11.38 | ||
| ARRY | array technologies inc | 5.19 | 7,134,030 | 73,195,200 | added | 47.17 | ||
| CHRD | chord energy corporation | 4.34 | 365,077 | 61,216,100 | reduced | -45.93 | ||
| CIVI | civitas resources inc | 10.80 | 2,207,830 | 152,341,000 | added | 5.98 | ||
| CMP | compass minerals intl inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CRC | california res corp | 2.69 | 712,195 | 37,903,000 | new | |||
| CX | cemex sab de cv | 1.57 | 3,469,090 | 22,167,500 | added | 51.5 | ||
| ED | consolidated edison inc | 0.04 | 6,596 | 589,814 | reduced | -0.06 | ||
| ENB | enbridge inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| EQT | eqt corp | 9.56 | 3,647,680 | 134,891,000 | new | |||
| EXC | exelon corp | 0.04 | 15,610 | 540,262 | reduced | -0.06 | ||
| FLNC | fluence energy inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FSLR | first solar inc | 1.20 | 75,000 | 16,909,500 | new | |||
| IJR | ishares tr | 0.32 | 47,766 | 4,473,290 | reduced | -0.06 | ||
| IJR | ishares tr | 0.31 | 47,051 | 4,318,340 | reduced | -0.06 | ||
| LNG | cheniere energy inc | 2.93 | 236,231 | 41,300,300 | added | 73.75 | ||
| MLI | mueller inds inc | 0.35 | 86,149 | 4,905,320 | new | |||
| MP | mp materials corp | 1.56 | 1,728,030 | 21,997,800 | added | 119 | ||
| MRC | mrc global inc | 0.90 | 981,510 | 12,671,300 | added | 1.6 | ||
| MRO | marathon oil corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||