SAILINGSTONE CAPITAL PARTNERS LLC
Q4 2025 Form 13-F
HOUSTON, TEXAS
CIK 0001608904
· CRD 302116
· SEC-registered investment adviser
Consolidated report · includes
1 manager
since Q2 2023
$402.5M Reported Value Total
PICKERING ENERGY PARTNERS LP reports 13 total accounts under management (AUM). There are 13 discretionary accounts valued at $1,661,472,033, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
15 funds
· $1.2B gross asset value
Private Equity Fund: $911.3M · Other: $326.3M · Hedge Fund: $7.5M
Source: Form ADV filed 2026-05-26
Reported value
$402.5M
Quarter over quarter
+8.8%
Holdings
15
Top-10 concentration
93.1%
Filing Structure
Reports holdings for
- PICKERING ENERGY PARTNERS LP · File #028-23350 · since Q2 2023
- VICTORY CAPITAL MANAGEMENT INC · File #028-06354 · Q1 2024 – Q1 2026 · declared by one filing
Key People
Form ADV owners & control persons
Mackenzie Bryce Davis
MANAGER/MEMBER
Walker Nelson Moody
MEMBER
Daniel Ray Pickering
MEMBER
Filing Navigation
13F Metrics
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Q4 2025 13F record
Q4 2025 13F filing summary
| Period of report | December 31, 2025 |
|---|---|
| Filed | February 17, 2026 |
| Form | 13F-HR |
| Reported value | $402.5M |
| Positions | 15 |
| Change in reported value | +5.4% |
| New positions | 0 |
| Exited positions | 1 |
| Position turnover | 6.3% |
| Top-10 concentration | 93.1% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 14, 2026
|
19 | $534.3M |
|
Q1 2026 13F
Filed May 15, 2026
|
17 | $440.3M |
|
Q4 2025 13F
Filed Feb 17, 2026
|
15 | $402.5M |
|
Q3 2025 13F
Filed Nov 14, 2025
|
16 | $381.9M |
|
Q2 2025 13F
Filed Aug 14, 2025
|
16 | $378.5M |
|
Q1 2025 13F
Filed May 15, 2025
|
12 | $269.5M |
|
Q4 2024 13F
Filed Feb 14, 2025
|
11 | $301.5M |
|
Q3 2024 13F
Filed Nov 14, 2024
|
14 | $318.2M |
|
Q2 2024 13F
Filed Aug 14, 2024
|
14 | $282.4M |
|
Q1 2024 13F
Filed May 15, 2024
|
14 | $275.6M |
|
Q4 2023 13F
Filed Feb 14, 2024
|
12 | $271.3M |
|
Q3 2023 13F
Filed Nov 14, 2023
|
12 | $340.3M |
|
Q2 2023 13F
Filed Aug 14, 2023
|
13 | $358.2M |
|
Q1 2023 13F
Filed May 15, 2023
|
11 | $280.5M |
|
Q4 2022 13F
Filed Feb 14, 2023
|
33 | $299.1M |
|
Q3 2022 13F
Filed Oct 11, 2022
|
14 | $383.7M |
|
Q2 2022 13F
Filed Aug 15, 2022
|
22 | $391.2M |
|
Q1 2022 13F
Filed May 16, 2022
|
10 | $480.1M |
|
Q4 2021 13F
Filed Feb 14, 2022
|
12 | $342.7M |
|
Q3 2021 13F
Filed Nov 16, 2021
|
12 | $395.6M |
28 earlier quarters on file — choose one from the quarter menu above.
Top 15 holdings · Q4 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | CMP COMPASS MINERALS INTL INC | $106.3M | 26.42% |
| 2 | IE IVANHOE ELECTRIC INC | $60.4M | 15.01% |
| 3 | LIN LINDE PLC | $44.4M | 11.04% |
| 4 | EPD ENTERPRISE PRODS PARTNERS L | $36.9M | 9.17% |
| 5 | RRC RANGE RES CORP | $36.8M | 9.15% |
| 6 | AR ANTERO RESOURCES CORP | $30.0M | 7.44% |
| 7 | NRGV ENERGY VAULT HOLDINGS INC | $22.8M | 5.66% |
| 8 | WMB WILLIAMS COS INC | $13.7M | 3.41% |
| 9 | CCJ CAMECO CORP | $12.6M | 3.12% |
| 10 | NTR NUTRIEN LTD | $10.6M | 2.63% |
| 11 | CEG CONSTELLATION ENERGY CORP | $7.8M | 1.93% |
| 12 | HUBB HUBBELL INC | $5.3M | 1.33% |
| 13 | MTRN MATERION CORP | $5.3M | 1.31% |
| 14 | SQM SOCIEDAD QUIMICA Y MINERA DE | $4.8M | 1.19% |
| 15 | MLM MARTIN MARIETTA MATLS INC | $4.7M | 1.18% |
Values as reported on the Q4 2025 Form 13F. Every position is in the holdings table below.