Institutional Manager · CIK 0001541901
Encompass Capital Advisors LLC
New York, NY · File #028-15266
Latest AUM
$2.45B
Positions
50
Top-10 Concentration
52.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | ARK ETF TR | 00214Q104 | -6,922,500 | -$597.4M | $0 |
| NEW | OCCIDENTAL PETE CORP | 674599105 | +5,565,200 | +$228.8M | $0 |
| ADD | T1 ENERGY INC | TE-WT | +21,504,901 | +$143.7M | +$60.6M |
| NEW | UNITED AIRLS HLDGS INC | UNTCW | +1,167,000 | +$130.5M | $0 |
| NEW | DIAMONDBACK ENERGY INC | FANG | +746,343 | +$112.2M | $0 |
| EXITED | FIRST SOLAR INC | 336433107 | -421,026 | -$92.8M | $0 |
| EXITED | URANIUM ENERGY CORP | 916896103 | -6,769,688 | -$90.3M | $0 |
| EXITED | WILLIAMS COS INC | 969457100 | -1,298,275 | -$82.2M | $0 |
| REDUCE | KIRBY CORP | KEX | -736,566 | -$81.2M | +$37.1M |
| EXITED | KODIAK GAS SVCS INC | 50012A108 | -1,736,009 | -$64.2M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202550 pos · $2.45B
- 13F HOLDINGS REPORTQ/E Sep 202556 pos · $2.84B
- 13F HOLDINGS REPORTQ/E Jun 202565 pos · $2.74B
- 13F HOLDINGS REPORTQ/E Mar 202567 pos · $2.61B
- 13F HOLDINGS REPORTQ/E Dec 202461 pos · $2.66B
- 13F HOLDINGS REPORTQ/E Sep 202456 pos · $2.05B
- 13F HOLDINGS REPORTQ/E Jun 202458 pos · $1.85B
- 13F HOLDINGS REPORTQ/E Mar 202457 pos · $1.84B
- 13F HOLDINGS REPORTQ/E Dec 202346 pos · $1.60B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | T1 ENERGY INC | TE-WT | 34,968,169 | $233.6M | 9.53% |
| 2 | OCCIDENTAL PETE CORP | 674599105 | 5,565,200 | $228.8M | 9.34% |
| 3 | UNITED AIRLS HLDGS INC | UNTCW | 1,167,000 | $130.5M | 5.33% |
| 4 | SABLE OFFSHORE CORP | SOC | 13,489,241 | $121.7M | 4.97% |
| 5 | SOLARIS ENERGY INFRAS INC | SEI | 2,559,543 | $117.7M | 4.80% |
| 6 | DIAMONDBACK ENERGY INC | FANG | 746,343 | $112.2M | 4.58% |
| 7 | NATIONAL ENERGY SERVICES REU | NESR | 7,103,284 | $111.2M | 4.54% |
| 8 | CONSTELLIUM SE | CSTM | 4,657,915 | $87.8M | 3.58% |
| 9 | KIRBY CORP | KEX | 649,758 | $71.6M | 2.92% |
| 10 | HELMERICH & PAYNE INC | HP | 2,081,644 | $59.7M | 2.44% |
| 11 | MATADOR RES CO | MTDR | 1,254,678 | $53.2M | 2.17% |
| 12 | VIPER ENERGY INC | VNOM | 1,348,366 | $52.1M | 2.13% |
| 13 | NUCOR CORP | NUE | 313,502 | $51.1M | 2.09% |
| 14 | WEATHERFORD INTL PLC | G48833118 | 599,274 | $46.9M | 1.91% |
| 15 | BAYTEX ENERGY CORP | BTE | 13,948,516 | $45.1M | 1.84% |
| 16 | NEXTPOWER INC | NXT | 499,837 | $43.5M | 1.78% |
| 17 | COMMERCIAL METALS CO | CMC | 599,871 | $41.5M | 1.69% |
| 18 | SHOALS TECHNOLOGIES GROUP IN | SHLS | 4,823,369 | $41.0M | 1.67% |
| 19 | ALCOA CORP | AA | 763,400 | $40.6M | 1.66% |
| 20 | PRECISION DRILLING CORP | PDS | 556,638 | $40.0M | 1.63% |