MI

Merewether Investment Management, LP

Diversified strategySector-focusedMomentum follower

Total reported value

$5.2B

Reporting period: 2026-03-31 · Number of holdings: 79

Merewether Investment Management, LP disclosed 79 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $5.2B and a quarterly turnover rate of 71.1%.

Personality snowflake

Concentration
9.16
Portfolio Stability
71.07
Momentum/Contrarian
100
Sector conviction
100
Diversification
100
Sizing Uniformity
90.94

Recent moves

  • Add CTRA

    +252.1%　$202.0M

  • Add DAR

    +278.6%　$174.0M

  • Trim EXE

    -67.5%　-$99.3M

  • Add VST

    +180.8%　$103.6M

  • Add OVV

    +18.6%　$112.7M

  • Add CVE

    +129.8%　$91.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1CTRACoterra Energy INCStock-Energy4.97%+3.71%+252.14%
2OVVOvintiv INCStock-Energy4.92%+1.66%+18.56%
3DARDarling Ingredients INCStock-Consumer Staples3.98%+3.25%+278.60%
4SUSuncor Energy INCStock-Energy3.97%+0.62%-5.30%
5VSTVistra CORPStock-Utilities3.25%+1.78%+180.79%
6BPBp Plc-spons AdrStock-Energy3.22%+0.82%+17.73%
7TRGPTarga Resources CORPStock-Energy3.15%—-13.49%
8BGBunge Global SAStock-Consumer Staples2.75%+0.43%-1.25%
9SRESempraStock-Utilities2.66%—-8.68%
10PRPermian Resources Corp-cl AStock-Energy2.54%+0.52%-1.83%
11LNGCheniere Energy INCStock-Energy2.52%+0.96%+31.80%
12NRGNrg Energy INCStock-Utilities2.52%—+16.36%
13CNPCenterpoint Energy INCStock-Utilities2.47%—+1.91%
14CVECenovus Energy INCStock-Energy2.45%+1.64%+129.78%
15ETREntergy CORPStock-Utilities2.38%-1.44%-39.09%
16XELXcel Energy INCStock-Utilities2.36%-1.32%-29.35%
17WMBWilliams Cos INCStock-Energy2.35%—-28.73%
18DTMDt Midstream INCStock-Energy2.18%—-19.91%
19NVTnVent Electric plcStock-Industrials2.18%—-28.84%
20HUBBHubbell INCStock-Industrials2.06%+1.01%+110.20%
21PRIMPrimoris Services CORPStock-Industrials1.87%—-13.67%
22✓ Totalenergies SeStock-Other1.67%+1.67%NEW
23CNRCore Natural Resources INCStock-Energy1.47%+0.78%+114.09%
24MPCMarathon Petroleum CORPStock-Energy1.47%+1.47%NEW
25MTZMastec INCStock-Industrials1.39%-1.46%-60.81%
26COPConocophillipsStock-Energy1.33%+1.33%NEW
27EQTEqt CORPStock-Energy1.32%—+26.57%
28DINOHf Sinclair CORPStock-Energy1.27%+1.27%NEW
29VGVenture Global Inc-cl AStock-Energy1.27%+1.27%NEW
30STSensata Technologies Holding plcStock-Tech1.23%+0.54%+98.61%
31FCXFreeport-mcmoran INCStock-Materials1.14%-1.09%-47.69%
32FTITechnipFMC plcStock-Energy1.12%—-44.66%
33IAGIamgold CORPStock-Other1.08%—-11.46%
34LYBLyondellBasell Industries N.V.Stock-Materials1.02%+1.02%NEW
35FANGDiamondback Energy INCStock-Energy1.02%-1.19%-58.44%
36QQnity Electronics INCStock-Tech0.97%—-50.65%
37NUENucor CORPStock-Materials0.96%—+43.75%
38SOLSSolstice Adv Materials INCStock-Materials0.95%+0.95%NEW
39EXEExpand Energy CORPStock-Energy0.92%-2.45%-67.52%
40BKVBkv CorporationStock-Other0.91%—-1.76%
41RALRalliant CORPStock-Tech0.90%+0.90%NEW
42WTTRSelect Water Solutions INCStock-Other0.86%+0.86%NEW
43LGNLegence Corp-cl AStock-Other0.79%—-35.97%
44ARAntero Resources CORPStock-Energy0.78%—+30.71%
45CGAUCenterra Gold INCStock-Other0.78%—+0.51%
46XOMExxon Mobil CORPStock-Energy0.77%-1.17%-66.75%
47CMICummins INCStock-Industrials0.77%—-30.67%
48SDRLSeadrill LimitedStock-Other0.76%+0.76%NEW
49NENoble Corporation plcStock-Energy0.74%+0.74%NEW
50JHXJames Hardie Industries plcStock-Other0.72%—+123.34%
1–50 of 79

Holding changes this quarter

Merewether Investment Management, LP's most significant position changes for 2026-03-31: New buy: Totalenergies Se; Sold out: First Solar INC (FSLR); New buy: Marathon Petroleum CORP (MPC); New buy: Conocophillips (COP); New buy: Hf Sinclair CORP (DINO).

Position changes disclosed by Merewether Investment Management, LP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1CTRACoterra Energy INC+3.7%+252.14%Add
2DARDarling Ingredients INC+3.3%+278.60%Add
3VSTVistra CORP+1.8%+180.79%Add
4OVVOvintiv INC+1.7%+18.56%Add
5CVECenovus Energy INC+1.6%+129.78%Add
6HUBBHubbell INC+1%+110.20%Add
7LNGCheniere Energy INC+1%+31.80%Add
8BPBp Plc-spons Adr+0.8%+17.73%Add
9CNRCore Natural Resources INC+0.8%+114.09%Add
10SUSuncor Energy INC+0.6%-5.30%Trim
11STSensata Technologies Holding plc+0.5%+98.61%Add
12PRPermian Resources Corp-cl A+0.5%-1.83%Trim
13BGBunge Global SA+0.4%-1.25%Trim
14WULFTerawulf INC-0.6%-98.34%Trim
15GTXGarrett Motion INC-0.7%-95.35%Trim
16ATOAtmos Energy CORP-0.7%-69.98%Trim
176D8Dupont De Nemours INC-1.1%-93.15%Trim
18FCXFreeport-mcmoran INC-1.1%-47.69%Trim
19GMGeneral Motors Co-1.1%-95.80%Trim
20XOMExxon Mobil CORP-1.2%-66.75%Trim
21FANGDiamondback Energy INC-1.2%-58.44%Trim
22XELXcel Energy INC-1.3%-29.35%Trim
23ETREntergy CORP-1.4%-39.09%Trim
24MTZMastec INC-1.5%-60.81%Trim
25EXEExpand Energy CORP-2.5%-67.52%Trim
26✓ Totalenergies Se—NEWNew buy
27FSLRFirst Solar INC—EXITSold out
28MPCMarathon Petroleum CORP—NEWNew buy
29COPConocophillips—NEWNew buy
30DINOHf Sinclair CORP—NEWNew buy
31VGVenture Global Inc-cl A—NEWNew buy
32VLOValero Energy CORP—EXITSold out
33BBarrick Mining CORP—EXITSold out
34LYBLyondellBasell Industries N.V.—NEWNew buy
35SOLSSolstice Adv Materials INC—NEWNew buy
36AAAlcoa CORP—EXITSold out
37RALRalliant CORP—NEWNew buy
38WTTRSelect Water Solutions INC—NEWNew buy
39AYIAcuity INC—EXITSold out
40CLFCleveland-cliffs INC—EXITSold out
41SHELShell Plc-adr—EXITSold out
42SDRLSeadrill Limited—NEWNew buy
43NENoble Corporation plc—NEWNew buy
44FNVFranco-nevada CORP—NEWNew buy
45CRHCRH plc—NEWNew buy
46CTRICenturi Holdings INC—EXITSold out
47SLBSlb LTD—EXITSold out
48PTENPatterson-uti Energy INC—NEWNew buy
49CENXCentury Aluminum Company—NEWNew buy
50GNRCGenerac Holdings INC—EXITSold out

FAQ

What is Merewether Investment Management, LP and what type of investor is it?
Merewether Investment Management, LP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $5.2B, spread across 79 disclosed positions.
What are Merewether Investment Management, LP's largest equity positions?
Based on the latest 13F filing, Merewether Investment Management, LP's top holdings by market value are: 1. Coterra Energy INC (CTRA) — $256.6M (5.0%) 2. Ovintiv INC (OVV) — $254.3M (4.9%) 3. Darling Ingredients INC (DAR) — $205.6M (4.0%) 4. Suncor Energy INC (SU) — $205.2M (4.0%) 5. Vistra CORP (VST) — $167.7M (3.3%)
What changes did Merewether Investment Management, LP make in its most recent portfolio filing?
In the latest reported quarter, Merewether Investment Management, LP made 50 notable position adjustments: 15 new positions were initiated, 10 existing holdings were added to, 15 positions were partially reduced, and 10 were completely exited. The largest of these moves: New buy: Totalenergies Se; Sold out: First Solar INC (FSLR); New buy: Marathon Petroleum CORP (MPC); New buy: Conocophillips (COP); New buy: Hf Sinclair CORP (DINO)
What sectors does Merewether Investment Management, LP focus on?
Merewether Investment Management, LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Energy: 53.3% • Utilities: 17.4% • Industrials: 10.3% • Materials: 7.7% • Consumer Staples: 7.4% • Information Technology: 3.7%