Institutional
Merewether Investment Management, LP
CIK 0001736852
$5.16B
Reported AUM
79
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Merewether Investment Management, LP · Q1 2026
AI · grounded in 13F
Merewether Investment Management, LP established a new position in TOTALENERGIES SE valued at $86.4M. The fund closed its position in FSLR for a reduction of $84.9M and exited holdings in VALERO ENERGY CORP and B for $58.5M and $58M, respectively. Additionally, the fund increased its stake in DAR by 278.6% and CTRA by 252.1%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | CTRA | COTERRA ENERGY INC | $256.6M | 4.97% | +5,228,191 | +252.1% |
| 2 | OVV | OVINTIV INC | $254.3M | 4.92% | +670,617 | +18.6% |
| 3 | DAR | DARLING INGREDIENTS INC | $205.6M | 3.98% | +2,446,409 | +278.6% |
| 4 | SU | SUNCOR ENERGY INC NEW | $205.2M | 3.97% | -173,653 | -5.3% |
| 5 | VST | VISTRA CORP | $167.7M | 3.25% | +718,299 | +180.8% |
| 6 | BP | BP PLC | $166.4M | 3.22% | +533,297 | +17.7% |
| 7 | TRGP | TARGA RES CORP | $162.6M | 3.15% | -101,137 | -13.5% |
| 8 | BG | BUNGE GLOBAL SA | $142.3M | 2.75% | -14,157 | -1.2% |
| 9 | SRE | SEMPRA | $137.3M | 2.66% | -134,344 | -8.7% |
| 10 | PR | PERMIAN RESOURCES CORP | $131.1M | 2.54% | -114,622 | -1.8% |
| 11 | LNG | CHENIERE ENERGY INC | $130.4M | 2.52% | +110,871 | +31.8% |
| 12 | NRG | NRG ENERGY INC | $130.2M | 2.52% | +125,280 | +16.4% |
| 13 | CNP | CENTERPOINT ENERGY INC | $127.4M | 2.47% | +55,405 | +1.9% |
| 14 | CVE | CENOVUS ENERGY INC | $126.6M | 2.45% | +2,695,009 | +129.8% |
| 15 | ETR | ENTERGY CORP NEW | $123.0M | 2.38% | -702,358 | -39.1% |
| 16 | XEL | XCEL ENERGY INC | $121.7M | 2.36% | -636,168 | -29.3% |
| 17 | WMB | WILLIAMS COS INC | $121.4M | 2.35% | -672,572 | -28.7% |
| 18 | DTM | DT MIDSTREAM INC | $112.5M | 2.18% | -207,594 | -19.9% |
| 19 | NVT | NVENT ELEC PLC | $112.4M | 2.18% | -385,243 | -28.8% |
| 20 | HUBB | HUBBELL INC | $106.2M | 2.06% | +113,417 | +110.2% |
| 21 | PRIM | PRIMORIS SVCS CORP | $96.5M | 1.87% | -106,861 | -13.7% |
| 22 | TTE | TOTALENERGIES SE | $86.4M | 1.67% | +949,800 | NEW |
| 23 | CNR | CORE NATURAL RESOURCES INC | $76.1M | 1.47% | +387,234 | +114.1% |
| 24 | MPC | MARATHON PETE CORP | $75.8M | 1.47% | +310,500 | NEW |
| 25 | MTZ | MASTEC INC | $71.8M | 1.39% | -346,079 | -60.8% |
| 26 | COP | CONOCOPHILLIPS | $68.9M | 1.33% | +522,192 | NEW |
| 27 | EQT | EQT CORP | $68.1M | 1.32% | +224,564 | +26.6% |
| 28 | DINO | HF SINCLAIR CORP | $65.8M | 1.27% | +1,054,435 | NEW |
| 29 | VG | VENTURE GLOBAL INC | $65.5M | 1.27% | +4,154,300 | NEW |
| 30 | ST | SENSATA TECHNOLOGIES HLDG PL | $63.3M | 1.23% | +892,042 | +98.6% |
| 31 | FCX | FREEPORT MCMORAN INC | $58.7M | 1.14% | -910,636 | -47.7% |
| 32 | FTI | TECHNIPFMC PLC | $57.8M | 1.12% | -674,845 | -44.7% |
| 33 | IAG | IAMGOLD CORP | $55.6M | 1.08% | -382,248 | -11.5% |
| 34 | LYB | LYONDELLBASELL INDUSTRIES NV | $52.7M | 1.02% | +654,687 | NEW |
| 35 | FANG | DIAMONDBACK ENERGY INC | $52.6M | 1.02% | -374,185 | -58.4% |
| 36 | Q | QNITY ELECTRONICS INC | $50.0M | 0.97% | -444,764 | -50.7% |
| 37 | NUE | NUCOR CORP | $49.6M | 0.96% | +89,214 | +43.8% |
| 38 | SOLS | SOLSTICE ADVANCED MATLS INC | $48.9M | 0.95% | +642,451 | NEW |
| 39 | EXE | EXPAND ENERGY CORPORATION | $47.4M | 0.92% | -897,385 | -67.5% |
| 40 | BKV | BKV CORP | $47.0M | 0.91% | -29,444 | -1.8% |
| 41 | RAL | RALLIANT CORP | $46.3M | 0.90% | +1,112,250 | NEW |
| 42 | WTTR | SELECT WATER SOLUTIONS INC | $44.2M | 0.86% | +2,889,000 | NEW |
| 43 | LGN | LEGENCE CORP | $41.0M | 0.79% | -408,086 | -36.0% |
| 44 | AR | ANTERO RESOURCES CORP | $40.4M | 0.78% | +223,500 | +30.7% |
| 45 | CGAU | CENTERRA GOLD INC | $40.1M | 0.78% | +11,423 | +0.5% |
| 46 | XOM | EXXON MOBIL CORP | $39.6M | 0.77% | -468,231 | -66.7% |
| 47 | CMI | CUMMINS INC | $39.6M | 0.77% | -32,532 | -30.7% |
| 48 | SDRL | SEADRILL LTD | $39.5M | 0.76% | +867,338 | NEW |
| 49 | NE | NOBLE CORP PLC | $38.2M | 0.74% | +779,215 | NEW |
| 50 | JHX | JAMES HARDIE INDS PLC | $37.1M | 0.72% | +1,081,230 | +123.3% |
| 51 | FNV | FRANCO NEV CORP | $35.6M | 0.69% | +144,000 | NEW |
| 52 | CRH | CRH PLC | $35.5M | 0.69% | +338,119 | NEW |
| 53 | PTEN | PATTERSON-UTI ENERGY INC | $32.5M | 0.63% | +3,003,324 | NEW |
| 54 | FIX | COMFORT SYS USA INC | $30.8M | 0.60% | -23,998 | -51.8% |
| 55 | CENX | CENTURY ALUM CO | $30.2M | 0.58% | +514,800 | NEW |
| 56 | LBRT | LIBERTY ENERGY INC | $29.7M | 0.58% | +80,483 | +8.5% |
| 57 | ARIS | ARIS MINING CORPORATION | $25.9M | 0.50% | -298,404 | -17.6% |
| 58 | WLK | WESTLAKE CORPORATION | $25.7M | 0.50% | -168,200 | -43.3% |
| 59 | CCJ | CAMECO CORP | $25.4M | 0.49% | +144,956 | +163.1% |
| 60 | LECO | LINCOLN ELEC HLDGS INC | $23.3M | 0.45% | -1,292 | -1.4% |
| 61 | PARR | PAR PAC HOLDINGS INC | $23.1M | 0.45% | -364,935 | -49.7% |
| 62 | OLN | OLIN CORP | $18.5M | 0.36% | +623,377 | NEW |
| 63 | NXT | NEXTPOWER INC | $16.1M | 0.31% | +44,232 | +49.7% |
| 64 | PSX | PHILLIPS 66 | $15.0M | 0.29% | +82,300 | NEW |
| 65 | DNN | DENISON MINES CORP | $14.9M | 0.29% | -1,695,140 | -28.7% |
| 66 | SLI | STANDARD LITHIUM LTD | $13.5M | 0.26% | -64,604 | -1.6% |
| 67 | ATO | ATMOS ENERGY CORP | $13.2M | 0.26% | -166,727 | -70.0% |
| 68 | BKR | BAKER HUGHES COMPANY | $10.6M | 0.20% | +173,400 | NEW |
| 69 | ET | ENERGY TRANSFER L P | $10.0M | 0.19% | +516,200 | NEW |
| 70 | FLS | FLOWSERVE CORP | $5.5M | 0.11% | +75,100 | NEW |
| 71 | HUT | HUT 8 CORP | $5.4M | 0.10% | -278,691 | -70.8% |
| 72 | CE | CELANESE CORP DEL | $4.9M | 0.09% | +74,600 | NEW |
| 73 | DD | DUPONT DE NEMOURS INC | $3.9M | 0.08% | -1,161,336 | -93.1% |
| 74 | TBN | TAMBORAN RES CORP | $3.4M | 0.07% | -1,121 | -1.6% |
| 75 | GM | GENERAL MTRS CO | $2.0M | 0.04% | -606,672 | -95.8% |
| 76 | ALB | ALBEMARLE CORP | $1.7M | 0.03% | +9,640 | NEW |
| 77 | MT | ARCELORMITTAL SA LUXEMBOURG | $1.4M | 0.03% | +28,173 | NEW |
| 78 | GTX | GARRETT MOTION INC | $1.4M | 0.03% | -1,607,737 | -95.4% |
| 79 | WULF | TERAWULF INC | $518K | 0.01% | -2,128,588 | -98.3% |
| 80 | FSLR | FIRST SOLAR INC | — | — | -325,100 | EXITED |
| 81 | VLO | VALERO ENERGY CORP | — | — | -359,131 | EXITED |
| 82 | B | BARRICK MNG CORP | — | — | -1,331,000 | EXITED |
| 83 | AA | ALCOA CORP | — | — | -882,200 | EXITED |
| 84 | AYI | ACUITY INC | — | — | -116,000 | EXITED |
| 85 | CLF | CLEVELAND-CLIFFS INC NEW | — | — | -3,096,600 | EXITED |
| 86 | SHEL | SHELL PLC | — | — | -539,421 | EXITED |
| 87 | CTRI | CENTURI HOLDINGS INC | — | — | -1,344,000 | EXITED |
| 88 | SLB | SLB LIMITED | — | — | -857,300 | EXITED |
| 89 | GNRC | GENERAC HLDGS INC | — | — | -188,946 | EXITED |
| 90 | WHD | CACTUS INC | — | — | -504,900 | EXITED |
| 91 | TGB | TASEKO MINES LTD | — | — | -3,672,900 | EXITED |
| 92 | WBI | WATERBRIDGE INFRASTRUCTURE L | — | — | -870,400 | EXITED |
| 93 | STNG | SCORPIO TANKERS INC | — | — | -323,861 | EXITED |
| 94 | EGO | ELDORADO GOLD CORP NEW | — | — | -393,700 | EXITED |
| 95 | KEX | KIRBY CORP | — | — | -122,300 | EXITED |
| 96 | VNOM | VIPER ENERGY INC | — | — | -318,082 | EXITED |
| 97 | STLD | STEEL DYNAMICS INC | — | — | -53,400 | EXITED |
| 98 | TLN | TALEN ENERGY CORP | — | — | -23,908 | EXITED |
| 99 | ALV | AUTOLIV INC | — | — | -6,400 | EXITED |
| 100 | VC | VISTEON CORP | — | — | -5,200 | EXITED |
Source: SEC EDGAR · accession 0001420506-26-001143. 13F discloses long positions only — shorts, foreign equities, and options are excluded.