Q4 2025 Holdings
Filed 2026-02-12 | 117 holdings | $476.5M | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Financial Invs TR(CCNR) | CORECOMMODITY NA | 31761T886 | $308.6M | 9,415,125 | 64.8% |
| Hudbay Minerals Inc(HBM) | COM | 443628102 | $7.7M | 388,462 | 1.6% |
| Alcoa Corp(AA) | COM | 013872106 | $5.0M | 94,403 | 1.1% |
| Liberty Energy Inc(LBRT) | COM CL A | 53115L104 | $4.8M | 262,580 | 1.0% |
| Murphy Oil Corp(MUR) | COM | 626717102 | $4.7M | 148,858 | 1.0% |
| Shoals Technologies Group in(SHLS) | CL A | 82489W107 | $4.1M | 477,344 | 0.9% |
| Tyson Foods Inc(TSN) | CL A | 902494103 | $3.9M | 66,726 | 0.8% |
| Conocophillips(COP) | COM | 20825C104 | $3.7M | 39,705 | 0.8% |
| Veralto Corp(VLTO) | COM SHS | 92338C103 | $3.7M | 36,947 | 0.8% |
| Suncor Energy Inc New(SU) | COM | 867224107 | $3.4M | 76,739 | 0.7% |
| Baytex Energy Corp(BTE) | COM | 07317Q105 | $3.3M | 1,006,566 | 0.7% |
| Darling Ingredients Inc(DAR) | COM | 237266101 | $3.2M | 90,106 | 0.7% |
| Freeport-Mcmoran Inc(FCX) | CL B | 35671D857 | $3.0M | 59,979 | 0.6% |
| Civitas Resources Inc(CIVI) | COM NEW | 17888H103 | $3.0M | 111,870 | 0.6% |
| Fluence Energy Inc(FLNC) | COM CL A | 34379V103 | $3.0M | 152,692 | 0.6% |
| CNH Indl N V(CNH) | SHS | N20944109 | $2.8M | 41,012 | 0.6% |
| Century Alum Co(CENX) | COM | 156431108 | $2.7M | 69,384 | 0.6% |
| Southern Copper Corp(SCCO) | COM | 84265V105 | $2.7M | 18,865 | 0.6% |
| Devon Energy Corp New(DVN) | COM | 25179M103 | $2.7M | 73,568 | 0.6% |
| Centerra Gold Inc(CGAU) | COM | 152006102 | $2.6M | 179,502 | 0.5% |
| EOG RES Inc(EOG) | COM | 26875P101 | $2.5M | 23,483 | 0.5% |
| Corteva Inc(CTVA) | COM | 22052L104 | $2.4M | 36,343 | 0.5% |
| Teck Resources LTD(TECK) | CL B | 878742204 | $2.4M | 50,785 | 0.5% |
| Chord Energy Corporation(CHRD) | COM NEW | 674215207 | $2.4M | 26,190 | 0.5% |
| Halliburton Co(HAL) | COM | 406216101 | $2.4M | 85,189 | 0.5% |
| SM Energy Co(SM) | COM | 78454L100 | $2.2M | 117,556 | 0.5% |
| West Fraser Timber Co LTD(WFG) | COM | 952845105 | $2.2M | 35,796 | 0.5% |
| Patterson-Uti Energy Inc(PTEN) | COM | 703481101 | $2.2M | 356,461 | 0.5% |
| Propetro Hldg Corp(PUMP) | COM | 74347M108 | $2.0M | 214,693 | 0.4% |
| CAL Maine Foods Inc(CALM) | COM NEW | 128030202 | $2.0M | 25,520 | 0.4% |
| Matador RES Co(MTDR) | COM | 576485205 | $2.0M | 46,465 | 0.4% |
| Coterra Energy Inc(CTRA) | COM | 127097103 | $1.9M | 73,841 | 0.4% |
| Bloom Energy Corp(BE) | COM CL A | 093712107 | $1.9M | 21,742 | 0.4% |
| Archer Daniels Midland Co(ADM) | COM | 039483102 | $1.9M | 32,422 | 0.4% |
| EOS Energy Enterprises Inc(EOSE) | COM CL A | 29415C101 | $1.9M | 161,649 | 0.4% |
| Magnolia Oil & Gas Corp(MGY) | CL A | 559663109 | $1.8M | 83,422 | 0.4% |
| SLB Limited(SLB) | COM STK | 806857108 | $1.8M | 46,820 | 0.4% |
| American WTR WKS Co Inc New(AWK) | COM | 030420103 | $1.8M | 13,593 | 0.4% |
| Eldorado Gold Corp New(EGO) | COM | 284902509 | $1.8M | 48,720 | 0.4% |
| Exxon Mobil Corp(XOM) | COM | 30231G102 | $1.7M | 14,282 | 0.4% |
| Pilgrims Pride Corp(PPC) | COM | 72147K108 | $1.7M | 42,840 | 0.4% |
| Expro Group Holdings NV(XPRO) | COM | N3144W105 | $1.6M | 123,555 | 0.3% |
| Tidewater Inc New(TDW) | COM | 88642R109 | $1.6M | 32,459 | 0.3% |
| Helmerich & Payne Inc(HP) | COM | 423452101 | $1.6M | 55,022 | 0.3% |
| NOV Inc(NOV) | COM | 62955J103 | $1.5M | 97,521 | 0.3% |
| Hecla MNG Co(HL) | COM | 422704106 | $1.5M | 78,025 | 0.3% |
| MP Materials Corp(MP) | COM CL A | 553368101 | $1.5M | 29,394 | 0.3% |
| Ingredion Inc(INGR) | COM | 457187102 | $1.4M | 12,979 | 0.3% |
| Canadian NAT RES LTD(CNQ) | COM | 136385101 | $1.4M | 42,174 | 0.3% |
| PAN Amern Silver Corp(PAAS) | COM | 697900108 | $1.4M | 26,523 | 0.3% |