Q1 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NEX | Sell | NEXTIER OILFIELD SOLUTIONS | $162,863,000 | +125.7% | 17,625,889 | -13.3% | 25.68% | +98.6% |
| FANG | Sell | DIAMONDBACK ENERGY INC | $95,956,000 | +10.9% | 700,000 | -12.8% | 15.13% | -2.4% |
| PUMP | Sell | PROPETRO HLDG CORP | $87,807,000 | +20.7% | 6,303,468 | -29.8% | 13.84% | +6.3% |
| MTDR | Sell | MATADOR RES CO | $78,317,000 | +34.8% | 1,478,229 | -6.0% | 12.35% | +18.7% |
| LBRT | Sell | LIBERTY OILFIELD SVCS INC | $77,688,000 | +40.0% | 5,242,100 | -8.3% | 12.25% | +23.3% |
| SOI | Buy | SOLARIS OILFIELD INFRASTRUCT | $36,341,000 | +103.2% | 3,218,875 | +17.9% | 5.73% | +78.9% |
| SLCA | New | U S SILICA HLDGS INC | $21,110,000 | – | 1,131,294 | – | 3.33% | – |
| WEX | Sell | WEX INC | $12,492,000 | -11.0% | 70,000 | -30.0% | 1.97% | -21.6% |
| TBK | Sell | TRIUMPH BANCORP INC | $12,264,000 | -32.7% | 130,439 | -14.7% | 1.93% | -40.7% |
| CRK | Buy | COMSTOCK RES INC | $9,802,000 | +61.5% | 751,100 | +0.1% | 1.54% | +42.1% |
| WTTR | Sell | SELECT ENERGY SVCS INC | $9,397,000 | +24.0% | 1,096,460 | -9.8% | 1.48% | +9.2% |
| WY | Sell | WEYERHAEUSER CO MTN BE | $3,790,000 | -29.0% | 100,000 | -22.9% | 0.60% | -37.4% |
| TCBI | Sell | TEXAS CAP BANCSHARES INC | $2,921,000 | -64.0% | 50,974 | -62.2% | 0.46% | -68.3% |
| SND | Sell | SMART SAND INC | $886,000 | +11.7% | 256,806 | -42.3% | 0.14% | -1.4% |
| Sell | LIBERTY OILFIELD SVCS INCcall | $844,000 | -29.7% | 250,000 | -75.0% | 0.13% | -38.1% | |
| Sell | NEXTIER OILFIELD SOLUTIONScall | $360,000 | +990.9% | 83,800 | -26.4% | 0.06% | +850.0% | |
| New | THIRD COAST BANCSHARES INC | $211,000 | – | 9,116 | – | 0.03% | – | |
| Exit | PROPETRO HLDG CORPcall | $0 | – | -78,000 | – | -0.01% | – | |
| DY | Exit | DYCOM INDS INC | $0 | – | -7,400 | – | -0.12% | – |
| AZO | Exit | AUTOZONE INC | $0 | – | -100 | – | -0.38% | – |
| XES | Exit | SPDR SER TRoilgas equip | $0 | – | -57,602 | – | -0.51% | – |
| CAT | Exit | CATERPILLAR INC | $0 | – | -20,000 | – | -0.74% | – |
| ODFL | Exit | OLD DOMINION FREIGHT LINE IN | $0 | – | -20,000 | – | -1.28% | – |
| CLF | Exit | CLECELAND-CLIFFS INC NEW | $0 | – | -600,000 | – | -2.34% | – |
| TPL | Exit | TEXAS PACIFIC LAND CORPORATI | $0 | – | -11,000 | – | -2.46% | – |
| FTSI | Exit | FTS INTERNATIONAL INC | $0 | – | -2,750,000 | – | -12.93% | – |
Q4 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FANG | New | DIAMONDBACK ENERGY INC | $86,532,000 | – | 802,341 | – | 15.50% | – |
| PUMP | New | PROPETRO HLDG CORP | $72,746,000 | – | 8,980,951 | – | 13.03% | – |
| FTSI | New | FTS INTERNATIONAL INC | $72,188,000 | – | 2,750,000 | – | 12.93% | – |
| NEX | New | NEXTIER OILFIELD SOLUTIONS | $72,174,000 | – | 20,330,724 | – | 12.93% | – |
| MTDR | New | MATADOR RES CO | $58,085,000 | – | 1,573,256 | – | 10.40% | – |
| LBRT | New | LIBERTY OILFIELD SVCS INC | $55,477,000 | – | 5,719,239 | – | 9.94% | – |
| TBK | New | TRIUMPH BANCORP INC | $18,219,000 | – | 152,996 | – | 3.26% | – |
| BRKA | New | BERKSHIRE HATHAWAY INC DELcl a | $18,026,000 | – | 40 | – | 3.23% | – |
| SOI | New | SOLARIS OILFIELD INFRASTRUCT | $17,886,000 | – | 2,730,744 | – | 3.20% | – |
| WEX | New | WEX INC | $14,039,000 | – | 100,000 | – | 2.51% | – |
| TPL | New | TEXAS PACIFIC LAND CORPORATI | $13,738,000 | – | 11,000 | – | 2.46% | – |
| CLF | New | CLECELAND-CLIFFS INC NEW | $13,062,000 | – | 600,000 | – | 2.34% | – |
| TCBI | New | TEXAS CAP BANCSHARES INC | $8,116,000 | – | 134,709 | – | 1.45% | – |
| WTTR | New | SELECT ENERGY SVCS INC | $7,576,000 | – | 1,216,124 | – | 1.36% | – |
| ODFL | New | OLD DOMINION FREIGHT LINE IN | $7,168,000 | – | 20,000 | – | 1.28% | – |
| CRK | New | COMSTOCK RES INC | $6,068,000 | – | 750,000 | – | 1.09% | – |
| WY | New | WEYERHAEUSER CO MTN BE | $5,339,000 | – | 129,657 | – | 0.96% | – |
| CAT | New | CATERPILLAR INC | $4,135,000 | – | 20,000 | – | 0.74% | – |
| XES | New | SPDR SER TRoilgas equip | $2,847,000 | – | 57,602 | – | 0.51% | – |
| AZO | New | AUTOZONE INC | $2,096,000 | – | 100 | – | 0.38% | – |
| New | LIBERTY OILFIELD SVCS INCcall | $1,200,000 | – | 1,000,000 | – | 0.22% | – | |
| SND | New | SMART SAND INC | $793,000 | – | 445,430 | – | 0.14% | – |
| DY | New | DYCOM INDS INC | $694,000 | – | 7,400 | – | 0.12% | – |
| New | PROPETRO HLDG CORPcall | $72,000 | – | 78,000 | – | 0.01% | – | |
| New | US WELL SERVICES INCcl a new | $66,000 | – | 57,403 | – | 0.01% | – | |
| New | NEXTIER OILFIELD SOLUTIONScall | $33,000 | – | 113,800 | – | 0.01% | – |