Goehring & Rozencwajg Associates LLC's Q1 2024 13F: 1 new position
Form 13F-HR for the quarter ended Mar 31, 2024 · filed May 13, 2024 · 51 reported positions · accession 0001085146-24-002403
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | PIONEER NAT RES CO (PXD) | 5.1% | 3.1% | −2.0 pts | −39,469 sh | −42% |
| New | ALAMOS GOLD INC NEW (AGI) | — | 2.0% | +2.0 pts | +633K sh | new |
| Increased | SKEENA RES LTD NEW (SKE) | 0.4% | 1.2% | +0.8 pts | +857K sh | +252% |
| Increased | CAMECO CORP (CCJ) | 7.8% | 7.4% | −0.4 pts | +37,450 sh | +5% |
| Increased | ALPHA METALLURGICAL RESOUR I (AMR) | 4.7% | 4.4% | −0.3 pts | +4,587 sh | +8% |
| Increased | NOBLE CORP PLC (NE) | 1.7% | 1.8% | +0.1 pts | +24,083 sh | +16% |
| Increased | ANTERO RESOURCES CORP (AR) | 3.8% | 4.6% | +0.8 pts | +36,423 sh | +5% |
| Increased | CONSOL ENERGY INC NEW (CEIX) | 3.9% | 3.2% | −0.8 pts | +12,360 sh | +8% |
| Increased | MATADOR RES CO (MTDR) | 3.2% | 3.5% | +0.4 pts | +14,651 sh | +6% |
| Increased | EQT CORP (EQT) | 4.6% | 4.2% | −0.5 pts | +26,119 sh | +5% |
| Increased | CIVITAS RESOURCES INC (CIVI) | 2.6% | 2.8% | +0.1 pts | +9,770 sh | +6% |
| Increased | IVANHOE ELECTRIC INC (IE) | 3.3% | 3.0% | −0.3 pts | +70,510 sh | +5% |
| Increased | RANGE RES CORP (RRC) | 9.0% | 9.2% | +0.3 pts | +16,944 sh | +1% |
| Increased | NEXGEN ENERGY LTD (NXE) | 2.0% | 2.1% | +0.1 pts | +74,882 sh | +6% |
| Increased | DIAMONDBACK ENERGY INC (FANG) | 2.0% | 2.4% | +0.4 pts | +2,770 sh | +5% |
| Increased | ARCH RESOURCES INC (ARCH) | 1.8% | 1.7% | −0.1 pts | +3,330 sh | +7% |
| Increased | MOSAIC CO NEW (MOS) | 3.4% | 2.9% | −0.5 pts | +16,445 sh | +4% |
| Increased | CENTRUS ENERGY CORP (LEU) | 2.1% | 1.5% | −0.6 pts | +11,900 sh | +7% |
| Increased | URANIUM ENERGY CORP (UEC) | 2.3% | 2.3% | 0.0 pts | +72,720 sh | +5% |
| Increased | SEADRILL 2021 LTD (SDRL) | 1.7% | 1.7% | 0.0 pts | +9,559 sh | +6% |
| Increased | DIAMOND OFFSHORE DRILLING IN (DO) | 2.2% | 2.2% | 0.0 pts | +34,867 sh | +5% |
| Increased | FREEPORT-MCMORAN INC (FCX) | 2.0% | 2.0% | +0.1 pts | +10,042 sh | +5% |
| Increased | CHAMPIONX CORPORATION (CHX) | 1.9% | 2.1% | +0.3 pts | +12,974 sh | +5% |
| Increased | CF INDS HLDGS INC (CF) | 2.1% | 2.1% | 0.0 pts | +5,490 sh | +5% |
| Increased | OCEANEERING INTL INC (OII) | 1.8% | 1.9% | +0.1 pts | +18,860 sh | +5% |
| Increased | BORR DRILLING LTD (BORR) | 1.5% | 1.3% | −0.1 pts | +61,567 sh | +8% |
| Increased | DENISON MINES CORP (DNN) | 1.2% | 1.3% | +0.1 pts | +214K sh | +7% |
| Increased | CHESAPEAKE ENERGY CORP (EXE) | 1.7% | 1.8% | +0.1 pts | +4,700 sh | +5% |
| Increased | SCHLUMBERGER LTD (SLB) | 1.9% | 1.9% | 0.0 pts | +7,560 sh | +5% |
| Increased | ENERGY FUELS INC (UUUU) | 1.5% | 1.2% | −0.2 pts | +63,700 sh | +7% |
| Increased | ERO COPPER CORP (ERO) | 1.0% | 1.2% | +0.2 pts | +19,200 sh | +7% |
| Increased | EQUINOX GOLD CORP (EQX) | 1.0% | 1.1% | +0.2 pts | +60,700 sh | +7% |
| Increased | APA CORPORATION (APA) | 1.2% | 1.1% | −0.1 pts | +10,500 sh | +7% |
| Increased | NUTRIEN LTD (NTR) | 2.4% | 2.2% | −0.3 pts | +6,420 sh | +4% |
| Increased | COMSTOCK RES INC (CRK) | 1.1% | 1.1% | 0.0 pts | +36,700 sh | +7% |
| Increased | HUDBAY MINERALS INC (HBM) | 0.8% | 1.0% | +0.2 pts | +45,701 sh | +7% |
| Increased | ENCORE ENERGY CORP (EU) | 0.9% | 0.9% | +0.1 pts | +72,453 sh | +8% |
| Increased | CORTEVA INC (CTVA) | 0.9% | 1.0% | +0.1 pts | +5,500 sh | +7% |
| Increased | TRANSOCEAN LTD (RIG) | 1.0% | 0.9% | 0.0 pts | +47,400 sh | +7% |
| Increased | ORLA MNG LTD NEW (ORLA) | 0.8% | 0.9% | +0.1 pts | +77,600 sh | +7% |
| Increased | UR-ENERGY INC (URG) | 0.8% | 0.8% | 0.0 pts | +179K sh | +8% |
| Increased | INTREPID POTASH INC (IPI) | 0.9% | 0.8% | −0.1 pts | +12,600 sh | +8% |
| Increased | VALARIS LTD (VAL) | 0.7% | 0.8% | 0.0 pts | +3,300 sh | +7% |
| Increased | PAN AMERN SILVER CORP (PAAS) | 0.8% | 0.7% | −0.1 pts | +15,400 sh | +8% |
| Increased | NOV INC (NOV) | 0.8% | 0.7% | −0.1 pts | +11,400 sh | +7% |
| Increased | VITAL ENERGY INC (VTLE) | 0.5% | 0.6% | +0.1 pts | +3,570 sh | +8% |
| Increased | CALEDONIA MNG CORP PLC (CMCL) | 0.5% | 0.4% | −0.1 pts | +15,800 sh | +9% |
| Increased | TRIPLE FLAG PRECIOUS METAL (TFPM) | 0.3% | 0.3% | 0.0 pts | +6,000 sh | +7% |
| Increased | NOVAGOLD RES INC (NG) | 0.2% | 0.2% | −0.1 pts | +22,500 sh | +8% |
| Increased | TRILOGY METALS INC NEW (TMQ) | 0.2% | 0.2% | 0.0 pts | +31,800 sh | +2% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 45.5% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | RANGE RES CORP (RRC) | 9.0% | 9.2% | |
| 2 | CAMECO CORP (CCJ) | 7.8% | 7.4% | |
| 3 | ANTERO RESOURCES CORP (AR) | 3.8% | 4.6% | |
| 4 | ALPHA METALLURGICAL RESOUR I (AMR) | 4.7% | 4.4% | |
| 5 | EQT CORP (EQT) | 4.6% | 4.2% | |
| 6 | MATADOR RES CO (MTDR) | 3.2% | 3.5% | |
| 7 | CONSOL ENERGY INC NEW (CEIX) | 3.9% | 3.2% | |
| 8 | PIONEER NAT RES CO (PXD) | 5.1% | 3.1% | |
| 9 | IVANHOE ELECTRIC INC (IE) | 3.3% | 3.0% | |
| 10 | MOSAIC CO NEW (MOS) | 3.4% | 2.9% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).