Latest Sourcerock Group LLC Stock Portfolio
Sourcerock Group LLC Performance:
2024 Q3: -6.94%YTD: -3.3%2023: 0.62%
Performance for 2024 Q3 is -6.94%, and YTD is -3.3%, 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 $1.2 Billions as of 30 Sep, 2024.
The top stock holdings of Sourcerock Group LLC are AR, EQT, CIVI. The fund has invested 14.2% of it's portfolio in ANTERO RESOURCES CORP and 12.5% of portfolio in EQT CORP.
The fund managers got completely rid off SCHLUMBERGER LTD (SLB), OVINTIV INC (OVV) and NOV INC (NOV) stocks. They significantly reduced their stock positions in CHORD ENERGY CORPORATION (CHRD), ISHARES TR (IJR) and OCEANEERING INTL INC (OII). Sourcerock Group LLC opened new stock positions in FREEPORT-MCMORAN INC (FCX), TC ENERGY CORP and CHESAPEAKE ENERGY CORP (CHK). The fund showed a lot of confidence in some stocks as they added substantially to SIGMA LITHIUM CORPORATION (SGML), CALIFORNIA RES CORP (CRC) and CEMEX SAB DE CV (CX).
The top stock holdings of Sourcerock Group LLC are AR, EQT, CIVI. The fund has invested 14.2% of it's portfolio in ANTERO RESOURCES CORP and 12.5% of portfolio in EQT CORP.
The fund managers got completely rid off SCHLUMBERGER LTD (SLB), OVINTIV INC (OVV) and NOV INC (NOV) stocks. They significantly reduced their stock positions in CHORD ENERGY CORPORATION (CHRD), ISHARES TR (IJR) and OCEANEERING INTL INC (OII). Sourcerock Group LLC opened new stock positions in FREEPORT-MCMORAN INC (FCX), TC ENERGY CORP and CHESAPEAKE ENERGY CORP (CHK). The fund showed a lot of confidence in some stocks as they added substantially to SIGMA LITHIUM CORPORATION (SGML), CALIFORNIA RES CORP (CRC) and CEMEX SAB DE CV (CX).
Sourcerock Group LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Sourcerock Group LLC made a return of -6.94% in the last quarter. In trailing 12 months, it's portfolio return was -11.74%.
New Buys
| Ticker | $ Bought |
|---|---|
| freeport-mcmoran inc | 36,741,100 |
| tc energy corp | 31,923,500 |
| chesapeake energy corp | 27,558,400 |
| alcoa corp | 18,209,800 |
| baker hughes company | 18,078,100 |
| bkv corp | 15,546,500 |
| century alum co | 15,132,700 |
| enbridge inc | 8,991,050 |
New stocks bought by Sourcerock Group LLC
Additions
| Ticker | % Inc. |
|---|---|
| sigma lithium corporation | 538 |
| california res corp | 43.07 |
| cemex sab de cv | 27.39 |
| noble corp plc | 27.05 |
| eqt corp | 15.96 |
| civitas resources inc | 9.11 |
| talos energy inc | 6.38 |
| array technologies inc | 4.2 |
Additions to existing portfolio by Sourcerock Group LLC
Reductions
| Ticker | % Reduced |
|---|---|
| chord energy corporation | -72.61 |
| ishares tr | -57.71 |
| oceaneering intl inc | -54.96 |
| expro group holdings nv | -54.92 |
| mrc global inc | -49.66 |
| ishares tr | -44.17 |
| cheniere energy inc | -34.25 |
| tenaris s a | -28.9 |
Sourcerock Group LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| sunnova energy intl inc. | -11,578,500 |
| nov inc | -21,728,400 |
| schlumberger ltd | -42,462,800 |
| ovintiv inc | -25,667,700 |
| murphy oil corp | -8,248,000 |
| nextracker inc | -4,922,400 |
| scorpio tankers inc | -8,129,000 |
| first solar inc | -16,909,500 |
Sourcerock Group LLC got rid off the above stocks
Sector Distribution
Sourcerock Group LLC has about 61.7% of it's holdings in Energy sector.
| Sector | % |
|---|---|
| Energy | 61.7 |
| Others | 24.6 |
| Basic Materials | 8.2 |
| Technology | 4 |
Market Cap. Distribution
Sourcerock Group LLC has about 20.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 39 |
| UNALLOCATED | 24.6 |
| LARGE-CAP | 20.4 |
| SMALL-CAP | 16 |
Stocks belong to which Index?
About 51.4% of the stocks held by Sourcerock Group LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 48.6 |
| RUSSELL 2000 | 34 |
| S&P 500 | 17.4 |
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 72.2% of the portfolio is in top 10 stocks. CIVI proved to be the most loss making stock for the portfolio. MP was the most profitable stock for Sourcerock Group LLC last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AA | alcoa corp | 1.47 | 472,000 | 18,209,800 | new | |||
| AR | antero resources corp | 14.20 | 6,124,660 | 175,471,000 | added | 3.72 | ||
| ARRY | array technologies inc | 3.97 | 7,433,750 | 49,062,800 | added | 4.2 | ||
| BKR | baker hughes company | 1.46 | 500,085 | 18,078,100 | new | |||
| CENX | century alum co | 1.22 | 932,391 | 15,132,700 | new | |||
| CHK | chesapeake energy corp | 2.23 | 335,057 | 27,558,400 | new | |||
| CHRD | chord energy corporation | 1.05 | 100,000 | 13,023,000 | reduced | -72.61 | ||
| CIVI | civitas resources inc | 9.87 | 2,408,990 | 122,063,000 | added | 9.11 | ||
| CNP | centerpoint energy inc | 0.15 | 62,700 | 1,844,630 | new | |||
| CRC | california res corp | 4.32 | 1,018,970 | 53,465,100 | added | 43.07 | ||
| CX | cemex sab de cv | 2.18 | 4,419,340 | 26,957,900 | added | 27.39 | ||
| ED | consolidated edison inc | 0.06 | 6,596 | 686,841 | unchanged | 0.00 | ||
| ENB | enbridge inc | 0.73 | 221,400 | 8,991,050 | new | |||
| EQT | eqt corp | 12.54 | 4,229,720 | 154,977,000 | added | 15.96 | ||
| EXC | exelon corp | 0.05 | 15,610 | 632,986 | unchanged | 0.00 | ||
| FCX | freeport-mcmoran inc | 2.97 | 736,000 | 36,741,100 | new | |||
| FSLR | first solar inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| IJR | ishares tr | 0.21 | 26,666 | 2,616,470 | reduced | -44.17 | ||
| IJR | ishares tr | 0.16 | 19,900 | 1,952,190 | reduced | -57.71 | ||
| LNG | cheniere energy inc | 2.26 | 155,322 | 27,933,100 | reduced | -34.25 | ||