Q3 2025 · 13F-HR
Old West Investment Management, LLCholdings as filed
Filed 2025-11-05 · accession 0001941040-25-000594
$436.0M
Reported value
86
Positions
2025-09-30
Period end
The Brief · Old West Investment Management, LLC · Q3 2025
AI · grounded in 13F
Old West Investment Management, LLC established a new position in TMQ valued at $25.5M. The fund also initiated new stakes in NXE for $23.7M and LMT for $19.4M. Additional new positions include BRKR at $18.6M and CCJ at $17.5M. The fund ended the period with 86 positions and total AUM of $436M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 89621C105 | TMQ | TRILOGY METALS INC NEW | $25.5M | 5.86% | 12,165,552 | Common | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $23.7M | 5.44% | 2,649,772 | Common | SOLE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $19.4M | 4.44% | 38,804 | Common | SOLE |
| 116794108 | BRKR | BRUKER CORP | $18.6M | 4.27% | 573,462 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $17.5M | 4.01% | 208,428 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $17.4M | 3.98% | 103,029 | Common | SOLE |
| 011532108 | AGI | ALAMOS GOLD INC NEW | $16.4M | 3.77% | 470,997 | Common | SOLE |
| 136385101 | CNQ | CANADIAN NAT RES LTD | $16.3M | 3.73% | 508,591 | Common | SOLE |
| H11356104 | BG | BUNGE GLOBAL SA | $15.3M | 3.50% | 187,851 | Common | SOLE |
| G33856108 | GSM | FERROGLOBE PLC | $14.7M | 3.38% | 3,237,914 | Common | SOLE |
| 87261Y106 | TMC | TMC THE METALS COMPANY INC | $12.7M | 2.92% | 1,997,238 | Common | SOLE |
| 928254101 | VIRT | VIRTU FINL INC | $12.4M | 2.85% | 350,509 | Common | SOLE |
| 128246105 | CVGW | CALAVO GROWERS INC | $11.2M | 2.57% | 434,966 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $10.4M | 2.38% | 10,714 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $10.3M | 2.37% | 116,461 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $9.4M | 2.16% | 18,740 | Common | SOLE |
| 28414H103 | ELAN | ELANCO ANIMAL HEALTH INC | $9.1M | 2.09% | 452,230 | Common | SOLE |
| 218937100 | CNR | CORE NATURAL RESOURCES INC | $8.7M | 2.00% | 104,503 | Common | SOLE |
| 023586100 | UHAL | U HAUL HOLDING COMPANY | $8.7M | 2.00% | 152,786 | Common | SOLE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $7.7M | 1.76% | 63,299 | Common | SOLE |
| 53681J103 | LAC | LITHIUM AMERS CORP NEW | $7.6M | 1.75% | 1,339,275 | Common | SOLE |
| 489398107 | KW | KENNEDY-WILSON HOLDINGS INC | $7.3M | 1.67% | 877,380 | Common | SOLE |
| 676118201 | OMEX | ODYSSEY MARINE EXPL INC | $7.2M | 1.64% | 3,676,882 | Common | SOLE |
| 675232102 | OII | OCEANEERING INTL INC | $5.9M | 1.35% | 238,103 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $5.8M | 1.33% | 38,444 | Common | SOLE |
| 379577208 | GMED | GLOBUS MED INC | $5.7M | 1.30% | 99,124 | Common | SOLE |
| 27579R104 | EWBC | EAST WEST BANCORP INC | $5.1M | 1.17% | 47,795 | Common | SOLE |
| 93627C101 | HCC | WARRIOR MET COAL INC | $5.1M | 1.16% | 79,491 | Common | SOLE |
| G0176J109 | ALLE | ALLEGION PLC | $5.0M | 1.15% | 28,206 | Common | SOLE |
| 020764106 | AMR | ALPHA METALLURGICAL RESOUR I | $4.7M | 1.07% | 28,350 | Common | SOLE |
| G48833118 | WFRD | WEATHERFORD INTL PLC | $4.4M | 1.02% | 64,800 | Common | SOLE |
| 012653101 | ALB | ALBEMARLE CORP | $4.4M | 1.00% | 53,946 | Common | SOLE |
| 69318G106 | PBF | PBF ENERGY INC | $4.2M | 0.97% | 140,690 | Common | SOLE |
| 826599102 | SGML | SIGMA LITHIUM CORPORATION | $4.2M | 0.96% | 651,892 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $3.7M | 0.84% | 71,334 | Common | SOLE |
| G9460G101 | VAL | VALARIS LTD | $3.6M | 0.83% | 73,960 | Common | SOLE |
| 654902204 | NOK | NOKIA CORP | $3.6M | 0.81% | 738,205 | Common | SOLE |
| 88642R109 | TDW | TIDEWATER INC NEW | $3.5M | 0.81% | 66,296 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $3.3M | 0.76% | 84,847 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $3.3M | 0.75% | 12,914 | Common | SOLE |
| 649445400 | FLG | FLAGSTAR FINANCIAL INC | $3.1M | 0.72% | 270,469 | Common | SOLE |
| 626717102 | MUR | MURPHY OIL CORP | $2.8M | 0.65% | 100,000 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $2.8M | 0.65% | 67,615 | Common | SOLE |
| 12763L105 | CDRE | CADRE HLDGS INC | $2.8M | 0.63% | 75,779 | Common | SOLE |
| 372284208 | GNE | GENIE ENERGY LTD | $2.4M | 0.55% | 160,600 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $2.2M | 0.51% | 78,441 | Common | SOLE |
| 020398707 | ALM | ALMONTY INDS INC | $2.1M | 0.49% | 356,146 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $2.1M | 0.49% | 4,458 | Common | SOLE |
| 922417100 | VECO | VEECO INSTRS INC DEL | $2.1M | 0.47% | 67,632 | Common | SOLE |
| 55306N104 | MKSI | MKS INC. | $2.0M | 0.45% | 15,849 | Common | SOLE |
| 248356107 | DNN | DENISON MINES CORP | $1.9M | 0.45% | 706,698 | Common | SOLE |
| 038222105 | AMAT | APPLIED MATLS INC | $1.9M | 0.43% | 9,200 | Common | SOLE |
| G9456A100 | GLNG | GOLAR LNG LTD | $1.8M | 0.42% | 45,652 | Common | SOLE |
| 44980X109 | IPGP | IPG PHOTONICS CORP | $1.7M | 0.38% | 20,842 | Common | SOLE |
| 054540208 | ACLS | AXCELIS TECHNOLOGIES INC | $1.6M | 0.36% | 16,268 | Common | SOLE |
| 553368101 | MP | MP MATERIALS CORP | $1.6M | 0.36% | 23,589 | Common | SOLE |
| 16115Q308 | GTLS | CHART INDS INC | $1.2M | 0.26% | 5,772 | Common | SOLE |
| 502431109 | LHX | L3HARRIS TECHNOLOGIES INC | $1.1M | 0.25% | 3,560 | Common | SOLE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $1.1M | 0.25% | 1,780 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $1.1M | 0.25% | 10,000 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $1.1M | 0.24% | 2,180 | Common | SOLE |
| 879360105 | TDY | TELEDYNE TECHNOLOGIES INC | $1.0M | 0.23% | 1,735 | Common | SOLE |
| 49338L103 | KEYS | KEYSIGHT TECHNOLOGIES INC | $997,044 | 0.23% | 5,700 | Common | SOLE |
| 15643U104 | LEU | CENTRUS ENERGY CORP | $900,753 | 0.21% | 2,905 | Common | SOLE |
| 576690101 | MTRN | MATERION CORP | $841,079 | 0.19% | 6,962 | Common | SOLE |
| 013872106 | AA | ALCOA CORP | $719,139 | 0.16% | 21,865 | Common | SOLE |
| 422704106 | HL | HECLA MNG CO | $690,135 | 0.16% | 57,036 | Common | SOLE |
| 343412102 | FLR | FLUOR CORP NEW | $678,589 | 0.16% | 16,130 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $673,661 | 0.15% | 8,037 | Common | SOLE |
| 29270J100 | ERII | ENERGY RECOVERY INC | $672,281 | 0.15% | 43,598 | Common | SOLE |
| 517097101 | LGO | LARGO INC | $561,567 | 0.13% | 374,378 | Common | SOLE |
| 296006109 | ERO | ERO COPPER CORP | $492,560 | 0.11% | 24,348 | Common | SOLE |
| 94106L109 | WM | WASTE MGMT INC DEL | $431,060 | 0.10% | 1,952 | Common | SOLE |
| 097023105 | BA | BOEING CO | $385,904 | 0.09% | 1,788 | Common | SOLE |
| 163851108 | CC | CHEMOURS CO | $378,892 | 0.09% | 23,920 | Common | SOLE |
| 428291108 | HXL | HEXCEL CORP NEW | $357,828 | 0.08% | 5,707 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $355,470 | 0.08% | 1,000 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $340,970 | 0.08% | 1,400 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $340,340 | 0.08% | 1,400 | Common | SOLE |
| 548661107 | LOW | LOWES COS INC | $335,247 | 0.08% | 1,334 | Common | SOLE |
| 48242W106 | KBR | KBR INC | $329,469 | 0.08% | 6,967 | Common | SOLE |
| H8817H100 | RIG | TRANSOCEAN LTD | $296,400 | 0.07% | 95,000 | Common | SOLE |
| 345370860 | F | FORD MTR CO | $271,013 | 0.06% | 22,660 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $260,867 | 0.06% | 1,559 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $216,062 | 0.05% | 6,440 | Common | SOLE |
| 91688R108 | URG | UR-ENERGY INC | $49,327 | 0.01% | 27,557 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.