Latest Nokomis Capital, L.L.C. Stock Portfolio

$348Million– No. of Holdings #47

Nokomis Capital, L.L.C. Performance:

2026 Q1: 1.83%YTD: 1.83%2025: 34.91%

Performance for 2026 Q1 is 1.83%, and YTD is 1.83%, and 2025 is 34.91%.

About Nokomis Capital, L.L.C. and 13F Hedge Fund Stock Holdings

Nokomis Capital, L.L.C. is a hedge fund based in Dallas, TX. On 2026-05-15, the fund reported it's updated stock portfolio. In the 13F Holdings report, Nokomis Capital, L.L.C. reported an equity portfolio of $348.6 Millions as of 31 Mar, 2026.

The top stock holdings of Nokomis Capital, L.L.C. are IAUX, CDE, LAD. The fund has invested 9.7% of it's portfolio in I-80 GOLD CORP and 8.9% of portfolio in COEUR MNG INC.

The fund managers got completely rid off NEW GOLD INC CDA (NGD), SEADRILL LTD and FREQUENCY ELECTRS INC (FEIM) stocks. They significantly reduced their stock positions in HALLADOR ENERGY COMPANY (HNRG), VANECK ETF TRUST (AFK) and COTERRA ENERGY INC (CTRA). Nokomis Capital, L.L.C. opened new stock positions in INTEGRA RES CORP (ITRG), MAYFAIR GOLD CORP and CENOVUS ENERGY INC (CVE). The fund showed a lot of confidence in some stocks as they added substantially to LITHIA MTRS INC (LAD), OVINTIV INC (OVV) and COEUR MNG INC (CDE).

Nokomis Capital, L.L.C. Equity Portfolio Value

Last Reported on: 15 May, 2026

Nokomis Capital, L.L.C. Annual Return Estimates Vs S&P 500

Our best estimate is that Nokomis Capital, L.L.C. made a return of 1.83% in the last quarter. In trailing 12 months, it's portfolio return was 44.87%.

Performance
S&P 500

New Buys

Ticker	$ Bought
integra res corp	9,653,430
mayfair gold corp	7,547,320
cenovus energy inc	4,634,790
blue moon metals inc	1,601,420
j jill inc	1,327,810
applied optoelectronics inc	668,261

New stocks bought by Nokomis Capital, L.L.C.

Additions

Ticker	% Inc.
lithia mtrs inc	820
ovintiv inc	626
coeur mng inc	128
maui ld & pineapple inc	57.88
dakota gold corp	35.42
ark restaurants corp	7.1
kkr real estate fin tr inc	2.56

Additions to existing portfolio by Nokomis Capital, L.L.C.

Reductions

Ticker	% Reduced
hallador energy company	-72.87
vaneck etf trust	-70.67
coterra energy inc	-63.17
vaneck etf trust	-61.63
hudbay minerals inc	-47.74
mgm resorts international	-35.33
otg acquisition corp. i	-31.22
otg acquisition corp. i	-31.22

Nokomis Capital, L.L.C. reduced stake in above stock

Sold off

Ticker	$ Sold
new gold inc cda	-16,311,100
park hotels & resorts inc	-2,128,860
mach natural resources lp	-1,487,970
seadrill ltd	-4,305,310
sable offshore corp	-748,705
bath & body works inc	-1,185,060
frequency electrs inc	-3,102,100
centerra gold inc	-586,555

Nokomis Capital, L.L.C. got rid off the above stocks

Sector Distribution

Nokomis Capital, L.L.C. has about 51% of it's holdings in Others sector.

Others
Consumer Cyclical
Basic Materials
Energy
Real Estate
Healthcare

Sector	%
Others	51
Consumer Cyclical	17.8
Basic Materials	14.1
Energy	8.6
Real Estate	6.3
Healthcare	1.9

Market Cap. Distribution

Nokomis Capital, L.L.C. has about 16.6% of it's portfolio invested in the large-cap and mega-cap stocks.

UNALLOCATED
SMALL-CAP
LARGE-CAP
MID-CAP
MICRO-CAP

Category	%
UNALLOCATED	51
SMALL-CAP	16.7
LARGE-CAP	16.6
MID-CAP	13.1
MICRO-CAP	1.5

Stocks belong to which Index?

About 49.8% of the stocks held by Nokomis Capital, L.L.C. either belong to S&P 500 or RUSSELL 2000 index.

Others
RUSSELL 2000
S&P 500

Index	%
Others	50.2
RUSSELL 2000	43.8
S&P 500	6

Top 5 Winners (%)		%
LWLG	lightwave logic inc	103.3 %
CRGY	crescent energy company	54.9 %
	mobix labs inc	38.9 %
	greenfire res ltd new	30.0 %
OVV	ovintiv inc	24.0 %

Top 5 Winners ($)		$
NXE	nexgen energy ltd	3.5 M
	greenfire res ltd new	3.0 M
LWLG	lightwave logic inc	2.5 M
AR	antero resources corp	2.4 M
CTRA	coterra energy inc	2.0 M

Top 5 Losers (%)		%
	roman dbdr acquisition corp	-65.2 %
VZLA	vizsla silver corp	-38.0 %
KREF	kkr real estate fin tr inc	-25.3 %
	otg acquisition corp. i	-18.4 %
LAD	lithia mtrs inc	-15.5 %

Top 5 Losers ($)		$
LAD	lithia mtrs inc	-3.4 M
VZLA	vizsla silver corp	-2.4 M
KREF	kkr real estate fin tr inc	-2.3 M
DC	dakota gold corp	-1.1 M
HNRG	hallador energy company	-0.9 M

Nokomis Capital, L.L.C. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Nokomis Capital, L.L.C.

Nokomis Capital, L.L.C. has 47 stocks in it's portfolio. About 51.3% of the portfolio is in top 10 stocks. LAD proved to be the most loss making stock for the portfolio. NXE was the most profitable stock for Nokomis Capital, L.L.C. last quarter.

Last Reported on: 15 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAOI	applied optoelectronics inc	0.19	7,900	668,261	new

ACR	acres commercial realty corp	1.04	187,283	3,618,310	reduced	-16.75

ACWV	ishares inc	0.17	15,600	598,884	unchanged	0.00

AFK	vaneck etf trust	2.02	76,571	7,026,920	reduced	-61.63

AFK	vaneck etf trust	0.87	25,315	3,038,810	reduced	-70.67

AGI	alamos gold inc	0.50	39,132	1,738,640	reduced	-19.16

AMLX	amplify etf tr	1.83	215,126	6,393,540	reduced	-16.82

APLE	apple hospitality reit inc	1.34	405,027	4,661,860	reduced	-15.54

AR	antero resources corp	3.38	277,302	11,768,700	reduced	-17.27

ARKR	ark restaurants corp	0.22	114,946	754,046	added	7.1

BBWI	bath & body works inc	0.00	0.00	0.00	sold off	-100

BZH	beazer homes usa inc	3.32	600,677	11,557,000	reduced	-4.11

CDE	coeur mng inc	8.95	1,662,130	31,198,200	added	128

CGAU	centerra gold inc	0.00	0.00	0.00	sold off	-100

CNTY	century casinos inc	0.77	1,931,670	2,685,020	reduced	-11.37

CRGY	crescent energy company	0.68	175,035	2,362,970	reduced	-19.67

CTRA	coterra energy inc	1.21	119,608	4,203,020	reduced	-63.17

CVE	cenovus energy inc	1.33	174,700	4,634,790	new

DC	dakota gold corp	2.90	2,005,430	10,127,400	added	35.42

DIA	state str spdr dow jones ind	5.16	38,880	18,008,800	reduced	-25.54