Latest Thomist Capital Management, LP Stock Portfolio

Thomist Capital Management, LP Performance:

2025 Q4: 4.65%YTD: 7.97%2024: -13.8%

Performance for 2025 Q4 is 4.65%, and YTD is 7.97%, and 2024 is -13.8%.

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

On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Thomist Capital Management, LP reported an equity portfolio of $471 Millions as of 31 Dec, 2025.

The top stock holdings of Thomist Capital Management, LP are , , . The fund has invested 13.5% of it's portfolio in SEADRILL LTD and 4.5% of portfolio in SABLE OFFSHORE CORP.

The fund managers got completely rid off VALERO ENERGY CORP (VLO), RIO TINTO PLC (RIO) and ARIS MNG CORP stocks. They significantly reduced their stock positions in BUNGE GLOBAL SA (BG), PAR PAC HOLDINGS INC (PARR) and SPDR GOLD TR (GLD). Thomist Capital Management, LP opened new stock positions in SABLE OFFSHORE CORP, MARATHON PETE CORP (MPC) and AMPLIFY ENERGY CORP NEW (AMPY). The fund showed a lot of confidence in some stocks as they added substantially to SUN CTRY AIRLS HLDGS INC (SNCY), VANGUARD SCOTTSDALE FDS (BNDW) and GREEN PLAINS INC (GPRE).

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

Our best estimate is that Thomist Capital Management, LP made a return of 4.65% in the last quarter. In trailing 12 months, it's portfolio return was 7.97%.

Performance
S&P 500

New Buys

Ticker	$ Bought
sable offshore corp	21,327,300
core natural resources inc	20,739,400
marathon pete corp	15,717,500
amplify energy corp new	14,571,200
hudbay minerals inc	11,932,000
linde plc	10,430,600
sm energy co	10,383,600
baytex energy corp	9,657,460

New stocks bought by Thomist Capital Management, LP

Additions

Ticker	% Inc.
sun ctry airls hldgs inc	1,864
vanguard scottsdale fds	760
green plains inc	619
sturm ruger & co inc	581
nucor corp	383
sphere entertainment co	185
westlake corporation	142
copa holdings sa	139

Additions to existing portfolio by Thomist Capital Management, LP

Reductions

Ticker	% Reduced
bunge global sa	-87.4
par pac holdings inc	-84.46
spdr gold tr	-74.84
spdr series trust	-70.84
iamgold corp	-53.00
darling ingredients inc	-45.93
olin corp	-18.86
skywest inc	-15.06

Thomist Capital Management, LP reduced stake in above stock

Sold off

Ticker	$ Sold
aris mng corp	-10,002,500
sigma lithium corporation	-3,876,600
peabody energy corp	-6,638,160
rio tinto plc	-11,496,400
tyson foods inc	-7,112,660
archer daniels midland co	-7,677,460
solaris res inc	-805,600
range res corp	-4,332,340

Thomist Capital Management, LP got rid off the above stocks

Sector Distribution

Thomist Capital Management, LP has about 53.5% of it's holdings in Others sector.

Sector	%
Others	53.5
Energy	19
Basic Materials	16.1
Consumer Defensive	4.4
Industrials	4.3
Consumer Cyclical	2.5

Market Cap. Distribution

Thomist Capital Management, LP has about 20.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	54.3
LARGE-CAP	17.7
MID-CAP	14.9
SMALL-CAP	6.1
MICRO-CAP	4
MEGA-CAP	3

Stocks belong to which Index?

About 32.1% of the stocks held by Thomist Capital Management, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	67.9
RUSSELL 2000	16.7
S&P 500	15.4

Top 5 Winners (%)		%
MSGE	sphere entertainment co	31.9 %
CENX	century alum co	31.3 %
VLRS	controladora vuela comp de a	28.8 %
	barrick mng corp	25.4 %
IAG	iamgold corp	22.5 %

Top 5 Winners ($)		$
	seadrill ltd	6.2 M
IAG	iamgold corp	3.0 M
DAR	darling ingredients inc	3.0 M
	barrick mng corp	3.0 M
VLRS	controladora vuela comp de a	2.0 M

Top 5 Losers (%)		%
RGR	sturm ruger & co inc	-59.1 %
CWH	camping world hldgs inc	-33.0 %
OLN	olin corp	-12.8 %
DINO	hf sinclair corp	-11.8 %
NCLH	norwegian cruise line hldg l	-8.9 %

Top 5 Losers ($)		$
OLN	olin corp	-2.0 M
DINO	hf sinclair corp	-1.9 M
RGR	sturm ruger & co inc	-1.1 M
CWH	camping world hldgs inc	-0.8 M
WLK	westlake corporation	-0.2 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 58 stocks in it's portfolio. About 43.3% of the portfolio is in top 10 stocks. OLN proved to be the most loss making stock for the portfolio. was the most profitable stock for Thomist Capital Management, LP last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAL	american airls group inc	0.10	31,580	483,262	new

ADM	archer daniels midland co	0.00	0.00	0.00	sold off	-100

ALB	albemarle corp	0.26	8,500	1,207,080	new

AMPY	amplify energy corp new	3.09	3,147,130	14,571,200	new

AMZN	amazon com inc	0.00	0.00	0.00	sold off	-100

APLD	applied digital corp	0.11	21,700	522,536	added	55.00

AR	antero resources corp	0.00	0.00	0.00	sold off	-100

BG	bunge global sa	0.64	33,600	3,005,490	reduced	-87.4

BIL	spdr series trust	0.87	62,500	4,090,000	reduced	-70.84

BIL	spdr series trust	0.00	0.00	0.00	sold off	-100

BNDW	vanguard scottsdale fds	0.76	35,710	3,574,790	added	760

BTU	peabody energy corp	0.00	0.00	0.00	sold off	-100

CC	chemours co	0.62	245,400	2,900,630	new

CENX	century alum co	0.84	100,000	3,969,000	added	19.06

CHK	expand energy corporation	0.00	0.00	0.00	sold off	-100

CIVI	civitas resources inc	0.00	0.00	0.00	sold off	-100

CMC	commercial metals co	0.00	0.00	0.00	sold off	-100

CPA	copa holdings sa	0.30	11,660	1,409,610	added	139

CVI	cvr energy inc	1.07	199,200	5,028,060	new

CWH	camping world hldgs inc	0.34	163,980	1,597,160	added	113