Latest Thomist Capital Management, LP Stock Portfolio

$371Million– No. of Holdings #43

Thomist Capital Management, LP Performance:

2026 Q1: 6.21%YTD: 6.21%2025: 7.97%

Performance for 2026 Q1 is 6.21%, and YTD is 6.21%, and 2025 is 7.97%.

About Thomist Capital Management, LP and 13F Hedge Fund Stock Holdings

On 2026-05-15, the fund reported it's updated stock portfolio. In the 13F Holdings report, Thomist Capital Management, LP reported an equity portfolio of $371.5 Millions as of 31 Mar, 2026.

The top stock holdings of Thomist Capital Management, LP are DINO, , . The fund has invested 9.5% of it's portfolio in HF SINCLAIR CORP and 6.3% of portfolio in CORE NATURAL RESOURCES INC.

The fund managers got completely rid off SEADRILL LTD, MARATHON PETE CORP (MPC) and NUCOR CORP (NUE) stocks. They significantly reduced their stock positions in AMPLIFY ENERGY CORP NEW (AMPY), INFINITY NAT RES INC and OLIN CORP (OLN). Thomist Capital Management, LP opened new stock positions in ARIS MINING CORPORATION, STEEL DYNAMICS INC (STLD) and DELEK US HLDGS INC NEW (DK). The fund showed a lot of confidence in some stocks as they added substantially to PAR PAC HOLDINGS INC (PARR), SOUTHWEST AIRLS CO (LUV) and CAMPING WORLD HLDGS INC (CWH).

Thomist Capital Management, LP Equity Portfolio Value

Last Reported on: 15 May, 2026

Thomist Capital Management, LP Annual Return Estimates Vs S&P 500

Our best estimate is that Thomist Capital Management, LP made a return of 6.21% in the last quarter. In trailing 12 months, it's portfolio return was 21.57%.

Performance
S&P 500

New Buys

Ticker	$ Bought
aris mining corporation	21,310,400
steel dynamics inc	18,954,000
delek us hldgs inc new	16,808,300
ssr mining in	16,137,700
equinox gold corp	12,882,700
permian resources corp	10,901,900
vanguard index fds	10,158,400
royal gold inc	9,482,810

New stocks bought by Thomist Capital Management, LP

Additions

Ticker	% Inc.
par pac holdings inc	431
southwest airls co	179
camping world hldgs inc	178
polaris inc	174
hut 8 corp	117
hf sinclair corp	83.75
controladora vuela comp de a	52.44
rice acquisition corp 3	1.27

Additions to existing portfolio by Thomist Capital Management, LP

Reductions

Ticker	% Reduced
amplify energy corp new	-95.84
infinity nat res inc	-94.2
olin corp	-73.51
baytex energy corp	-36.75
westlake corporation	-34.76
ferroglobe plc	-25.28
core natural resources inc	-3.93

Thomist Capital Management, LP reduced stake in above stock

Sold off

Ticker	$ Sold
seadrill ltd	-63,387,300
sable offshore corp	-21,327,300
green plains inc	-7,270,180
hudbay minerals inc	-11,932,000
sun ctry airls hldgs inc	-8,001,510
sm energy co	-10,383,600
iamgold corp	-8,268,220
atlas energy solutions inc	-3,900,640

Thomist Capital Management, LP got rid off the above stocks

Sector Distribution

Thomist Capital Management, LP has about 42.2% of it's holdings in Others sector.

Others
Energy
Basic Materials
Industrials
Consumer Cyclical

Sector	%
Others	42.2
Energy	27.8
Basic Materials	21.9
Industrials	4.1
Consumer Cyclical	3.3

Market Cap. Distribution

Thomist Capital Management, LP has about 32.9% of it's portfolio invested in the large-cap and mega-cap stocks.

UNALLOCATED
LARGE-CAP
MID-CAP
SMALL-CAP

Category	%
UNALLOCATED	42.2
LARGE-CAP	32.9
MID-CAP	21.3
SMALL-CAP	2.7

Stocks belong to which Index?

About 33.4% of the stocks held by Thomist Capital Management, LP either belong to S&P 500 or RUSSELL 2000 index.

Others
RUSSELL 2000
S&P 500

Index	%
Others	66.6
RUSSELL 2000	20.2
S&P 500	13.2

Top 5 Winners (%)		%
WLK	westlake corporation	46.5 %
PARR	par pac holdings inc	34.6 %
	baytex energy corp	31.0 %
OLN	olin corp	26.4 %
DINO	hf sinclair corp	24.9 %

Top 5 Winners ($)		$
DINO	hf sinclair corp	7.1 M
WLK	westlake corporation	3.9 M
	core natural resources inc	3.7 M
	baytex energy corp	3.0 M
OLN	olin corp	2.8 M

Top 5 Losers (%)		%
CWH	camping world hldgs inc	-22.4 %
VLRS	controladora vuela comp de a	-15.4 %
PII	polaris inc	-11.1 %
GSM	ferroglobe plc	-9.4 %
LUV	southwest airls co	-6.3 %

Top 5 Losers ($)		$
VLRS	controladora vuela comp de a	-2.0 M
CWH	camping world hldgs inc	-0.9 M
LUV	southwest airls co	-0.7 M
GSM	ferroglobe plc	-0.6 M
PII	polaris inc	-0.5 M

Thomist Capital Management, LP Holdings Map

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

Current Stock Holdings of Thomist Capital Management, LP

Thomist Capital Management, LP has 43 stocks in it's portfolio. About 47.9% of the portfolio is in top 10 stocks. VLRS proved to be the most loss making stock for the portfolio. DINO was the most profitable stock for Thomist Capital Management, LP last quarter.

Last Reported on: 15 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAL	american airls group inc	0.00	0.00	0.00	sold off	-100

ALB	albemarle corp	0.00	0.00	0.00	sold off	-100

ALK	alaska air group inc	0.28	28,430	1,045,660	new

AMPY	amplify energy corp new	0.22	130,842	816,454	reduced	-95.84

APLD	applied digital corp	0.00	0.00	0.00	sold off	-100

BG	bunge global sa	0.00	0.00	0.00	sold off	-100

BIL	spdr series trust	0.00	0.00	0.00	sold off	-100

BNDW	vanguard scottsdale fds	0.00	0.00	0.00	sold off	-100

BTU	peabody engr corp	2.05	231,553	7,629,670	new

CC	chemours co	0.00	0.00	0.00	sold off	-100

CENX	century alum co	0.00	0.00	0.00	sold off	-100

CPA	copa holdings sa	0.00	0.00	0.00	sold off	-100

CVI	cvr energy inc	0.00	0.00	0.00	sold off	-100

CWH	camping world hldgs inc	0.84	457,270	3,123,150	added	178

DAR	darling ingredients inc	0.00	0.00	0.00	sold off	-100

DHT	dht holdings inc	1.19	241,696	4,415,790	new

DINO	hf sinclair corp	9.51	566,090	35,318,400	added	83.75

DK	delek us hldgs inc new	4.53	372,937	16,808,300	new

DOOO	brp inc	0.78	40,085	2,878,500	new

EMN	eastman chem co	1.74	84,700	6,464,300	new