Institutional Manager · CIK 0002011176
Pingora Partners LLC
WILSON, WY · File #028-23710
Latest AUM
$163.5M
Positions
204
Top-10 Concentration
67.4%
Filings
8
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 |
|---|---|---|---|---|---|
| ADD | BOEING CO | BA-PA | +5,026 | +$1.1M | +$12,482 |
| ADD | GENERAL MLS INC | 370334104 | +21,100 | +$981,150 | -$3,136 |
| ADD | KIMBELL RTY PARTNERS LP | 49435R102 | +71,350 | +$839,076 | -$46,236 |
| ADD | PATTERSON-UTI ENERGY INC | PTEN | +122,600 | +$749,086 | +$19,016 |
| REDUCE | BROOKDALE SR LIVING INC | 112463104 | -63,005 | -$679,824 | +$474,878 |
| REDUCE | CRESCENT ENERGY COMPANY | CRGY | -53,074 | -$445,291 | -$642,834 |
| ADD | BRISTOL-MYERS SQUIBB CO | CELG-RI | +7,825 | +$422,081 | +$231,431 |
| ADD | SAN JUAN BASIN RTY TR | 798241105 | +71,111 | +$399,644 | -$26,858 |
| ADD | CHEVRON CORP NEW | CVX | +1,920 | +$292,627 | -$11,238 |
| ADD | FTAI INFRASTRUCTURE INC | FIP | +53,930 | +$248,617 | +$429,044 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025204 pos · $163.5M
- 13F HOLDINGS REPORTQ/E Sep 2025200 pos · $150.6M
- 13F HOLDINGS REPORTQ/E Jun 2025204 pos · $133.8M
- 13F HOLDINGS REPORTQ/E Mar 2025207 pos · $134.8M
- 13F HOLDINGS REPORTQ/E Dec 2024224 pos · $152.5M
- 13F HOLDINGS REPORTQ/E Sep 2024222 pos · $141.2M
- 13F HOLDINGS REPORTQ/E Jun 2024233 pos · $141.2M
- 13F HOLDINGS REPORTQ/E Mar 2024255 pos · $137.0M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | FTAI AVIATION LTD | FTAIN | 306,146 | $60.3M | 40.22% |
| 2 | CRESCENT ENERGY COMPANY | CRGY | 1,159,819 | $9.7M | 6.49% |
| 3 | FTAI INFRASTRUCTURE INC | FIP | 1,770,103 | $8.2M | 5.45% |
| 4 | ALIBABA GROUP HLDG LTD | BBAAY | 34,599 | $5.1M | 3.38% |
| 5 | COTERRA ENERGY INC | CTRA | 138,566 | $3.6M | 2.43% |
| 6 | AT&T INC | T-PC | 128,780 | $3.2M | 2.13% |
| 7 | BOEING CO | BA-PA | 14,702 | $3.2M | 2.13% |
| 8 | ENERGY TRANSFER L P | ET-PI | 160,794 | $2.7M | 1.77% |
| 9 | HF SINCLAIR CORP | DINO | 57,480 | $2.6M | 1.77% |
| 10 | META PLATFORMS INC | META | 3,745 | $2.5M | 1.65% |
| 11 | APPLE INC | AAPL | 8,794 | $2.4M | 1.60% |
| 12 | INTERNATIONAL BUSINESS MACHS | INTR | 8,070 | $2.4M | 1.60% |
| 13 | PFIZER INC | PFE | 83,860 | $2.1M | 1.39% |
| 14 | FREEPORT-MCMORAN INC | FCX | 40,790 | $2.1M | 1.38% |
| 15 | EXXON MOBIL CORP | XOM | 16,005 | $1.9M | 1.29% |
| 16 | SOUTHSIDE BANCSHARES INC | SBSI | 61,745 | $1.9M | 1.25% |
| 17 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 34,005 | $1.8M | 1.22% |
| 18 | ELI LILLY & CO | LLY | 1,700 | $1.8M | 1.22% |
| 19 | AMAZON COM INC | AMZN | 7,837 | $1.8M | 1.21% |
| 20 | MICROSOFT CORP | MSFT | 3,635 | $1.8M | 1.17% |