13F HOLDINGS REPORT
Nokomis Capital, L.L.C.
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001214659-26-001974
Total Value
$422.4M
Positions
62
Other Managers
0
Confidential Omitted
No
Holdings (62)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | I-80 GOLD CORP | IAUX-WT | 22,870,369 | $33.4M | 7.90% |
| 2 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 52,218 | $25.1M | 5.94% |
| 3 | MGM RESORTS INTERNATIONAL | MGM | 648,387 | $23.7M | 5.60% |
| 4 | HUDBAY MINERALS INC | HBM | 868,230 | $17.2M | 4.08% |
| 5 | VANECK ETF TRUST | 92189F106 | 199,551 | $17.1M | 4.05% |
| 6 | NEW GOLD INC CDA | 644535106 | 1,872,682 | $16.3M | 3.86% |
| 7 | ISHARES SILVER TR | SLV | 234,000 | $15.1M | 3.57% |
| 8 | NEXGEN ENERGY LTD | NXE | 1,598,948 | $14.7M | 3.48% |
| 9 | COEUR MNG INC | 192108504 | 728,171 | $13.0M | 3.07% |
| 10 | BEAZER HOMES USA INC | BZH | 626,394 | $12.7M | 3.01% |
| 11 | I-80 GOLD CORP | IAUX-WT | 12,999,999 | $12.2M | 2.89% |
| 12 | ANTERO RESOURCES CORP | AR | 335,208 | $11.6M | 2.73% |
| 13 | SPROTT ASSET MANAGEMENT LP | SII | 682,500 | $11.5M | 2.72% |
| 14 | CREDO TECHNOLOGY GROUP HOLDI | CRDO | 74,400 | $10.7M | 2.53% |
| 15 | SHOE CARNIVAL INC | SCVL | 619,747 | $10.5M | 2.48% |
| 16 | INVESCO QQQ TR | IVZ | 16,500 | $10.1M | 2.40% |
| 17 | GREENFIRE RES LTD NEW | 39525U107 | 2,113,249 | $10.1M | 2.38% |
| 18 | SPROTT ASSET MANAGEMENT LP | SII | 419,082 | $9.9M | 2.35% |
| 19 | VANECK ETF TRUST | 92189F791 | 86,315 | $9.8M | 2.32% |
| 20 | HALLADOR ENERGY COMPANY | HNRG | 497,531 | $9.5M | 2.24% |
| 21 | KKR REAL ESTATE FIN TR INC | KKRT | 1,091,820 | $9.0M | 2.12% |
| 22 | COTERRA ENERGY INC | CTRA | 324,717 | $8.5M | 2.02% |
| 23 | DAKOTA GOLD CORP | DC | 1,480,885 | $8.4M | 1.99% |
| 24 | NVIDIA CORPORATION | NVDA | 43,000 | $8.0M | 1.90% |
| 25 | SPDR GOLD TR | GLD | 20,000 | $7.9M | 1.88% |
| 26 | AMPLIFY ETF TR | 032108649 | 258,634 | $7.2M | 1.69% |
| 27 | OSISKO DEVELOPMENT CORP | OSDVF | 2,000,000 | $7.0M | 1.65% |
| 28 | VIZSLA SILVER CORP | VZLA | 1,143,852 | $6.3M | 1.48% |
| 29 | APPLE HOSPITALITY REIT INC | APLE | 479,576 | $5.7M | 1.35% |
| 30 | EOS ENERGY ENTERPRISES INC | EOSE | 439,800 | $5.0M | 1.19% |
| 31 | ACRES COMMERCIAL REALTY CORP | ACR-PD | 224,973 | $4.8M | 1.14% |
| 32 | SEADRILL LTD | SDRL | 124,431 | $4.3M | 1.02% |
| 33 | AST SPACEMOBILE INC | ASTS | 54,200 | $3.9M | 0.93% |
| 34 | SPDR GOLD TR | GLD | 9,517 | $3.8M | 0.89% |
| 35 | TPG RE FIN TR INC | TPGXL | 389,074 | $3.3M | 0.79% |
| 36 | FREQUENCY ELECTRS INC | FRQN | 57,617 | $3.1M | 0.73% |
| 37 | CENTURY CASINOS INC | CNTY | 2,179,575 | $2.9M | 0.69% |
| 38 | LITHIA MTRS INC | 536797103 | 8,172 | $2.7M | 0.64% |
| 39 | LIGHTWAVE LOGIC INC | LWLG | 750,000 | $2.4M | 0.58% |
| 40 | OTG ACQUISITION CORP. I | OTGAW | 235,030 | $2.4M | 0.56% |
| 41 | MAUI LD & PINEAPPLE INC | 577345101 | 134,419 | $2.3M | 0.54% |
| 42 | SIBANYE STILLWATER LTD | SBYSF | 150,100 | $2.1M | 0.51% |
| 43 | PARK HOTELS & RESORTS INC | PK | 203,524 | $2.1M | 0.50% |
| 44 | ALAMOS GOLD INC NEW | AGI | 48,405 | $1.9M | 0.44% |
| 45 | CRESCENT ENERGY COMPANY | CRGY | 217,903 | $1.8M | 0.43% |
| 46 | VANECK ETF TRUST | 92189F106 | 20,200 | $1.7M | 0.41% |
| 47 | PERPETUA RESOURCES CORP | PPTA | 62,033 | $1.5M | 0.36% |
| 48 | MACH NATURAL RESOURCES LP | MNR | 134,780 | $1.5M | 0.35% |
| 49 | ROMAN DBDR ACQUISITION CORP | DRDBW | 130,026 | $1.4M | 0.32% |
| 50 | BATH & BODY WORKS INC | BBWI | 59,017 | $1.2M | 0.28% |
| 51 | SABLE OFFSHORE CORP | SOC | 83,005 | $748,705 | 0.18% |
| 52 | ARK RESTAURANTS CORP | ARKR | 107,327 | $719,628 | 0.17% |
| 53 | OVINTIV INC | OVV | 18,200 | $713,258 | 0.17% |
| 54 | CENTERRA GOLD INC | CGAU | 40,818 | $586,555 | 0.14% |
| 55 | ISHARES INC | 464286400 | 15,600 | $495,612 | 0.12% |
| 56 | ISHARES BITCOIN TRUST ETF | IBIT | 6,000 | $297,900 | 0.07% |
| 57 | SOUNDHOUND AI INC | SOUNW | 24,500 | $244,265 | 0.06% |
| 58 | VANECK ETF TRUST | 92189F791 | 1,300 | $147,914 | 0.04% |
| 59 | ROMAN DBDR ACQUISITION CORP | DRDBW | 165,317 | $100,843 | 0.02% |
| 60 | AMPLIFY ETF TR | 032108649 | 2,100 | $58,107 | 0.01% |
| 61 | OTG ACQUISITION CORP. I | OTGAW | 117,515 | $37,605 | 0.01% |
| 62 | MOBIX LABS INC | MOBXW | 30,093 | $2,708 | 0.00% |