Nokomis Capital, L.L.C 13F annual report
Nokomis Capital, L.L.C is an investment fund managing more than $201 billion ran by Brett Hendrickson. There are currently 38 companies in Mr. Hendrickson’s portfolio. The largest investments include Applied Digital Corp and VanEck ETF Trust, together worth $50.8 billion.
$201 billion Assets Under Management (AUM)
As of 7th August 2024, Nokomis Capital, L.L.C’s top holding is 5,612,385 shares of Applied Digital Corp currently worth over $33.4 billion and making up 16.6% of the portfolio value.
In addition, the fund holds 491,575 shares of VanEck ETF Trust worth $17.4 billion, whose value grew 6.9% in the past six months.
The third-largest holding is Seadrill 2021 Ltd worth $12.6 billion and the next is Beazer Homes USA worth $11.7 billion, with 426,888 shares owned.
Currently, Nokomis Capital, L.L.C's portfolio is worth at least $201 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Nokomis Capital, L.L.C
The Nokomis Capital, L.L.C office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Brett Hendrickson serves as the Managing Member at Nokomis Capital, L.L.C.
Recent trades
In the most recent 13F filing, Nokomis Capital, L.L.C revealed that it had opened a new position in
MAG Silver and bought 876,926 shares worth $10.2 billion.
This means they effectively own approximately 0.1% of the company.
MAG Silver makes up
26.5%
of the fund's Materials sector allocation and has grown its share price by 10.4% in the past year.
The investment fund also strengthened its position in Applied Digital Corp by buying
4,329,433 additional shares.
This makes their stake in Applied Digital Corp total 5,612,385 shares worth $33.4 billion.
On the other hand, there are companies that Nokomis Capital, L.L.C is getting rid of from its portfolio.
Nokomis Capital, L.L.C closed its position in Bluelinx Hldgs Inc on 14th August 2024.
It sold the previously owned 303,429 shares for $24.9 billion.
Brett Hendrickson also disclosed a decreased stake in VanEck ETF Trust by 0.1%.
This leaves the value of the investment at $17.4 billion and 491,575 shares.
One of the smallest hedge funds
The two most similar investment funds to Nokomis Capital, L.L.C are Wilshire Advisors and Pinion Investment Advisors. They manage $201 billion and $201 billion respectively.
Brett Hendrickson investment strategy
Nokomis Capital, L.L.C’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Materials — making up 19.2% of
the total portfolio value.
The fund focuses on investments in the United States as
26.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
8% of the total holdings value.
On the other hand, small-cap stocks make up only 5.3% of the portfolio.
The average market cap of the portfolio companies is close to $4.39 billion.
The complete list of Nokomis Capital, L.L.C trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Applied Digital Corp |
337.46%
5,612,385
|
$33,393,691,000 | 16.61% |
| Bluelinx Hldgs Inc |
Closed
303,429
|
$24,908,487,000 | |
| VanEck ETF Trust |
13.57%
491,575
|
$17,436,838,000 | 8.67% |
| Seadrill 2021 Ltd |
4,141.31%
244,384
|
$12,585,776,000 | 6.26% |
| Beazer Homes USA Inc. |
1,748.00%
426,888
|
$11,730,882,000 | 5.83% |
| Landsea Homes Corp |
0.69%
1,194,706
|
$10,979,348,000 | 5.46% |
| Silicon Motion Technology Corp |
Closed
213,268
|
$10,929,985,000 | |
| MAG Silver Corp. |
Opened
876,926
|
$10,233,726,000 | 5.09% |
| Ramaco Res Inc |
Closed
844,323
|
$9,279,110,000 | |
| NexGen Energy Ltd |
613.46%
1,248,548
|
$8,714,865,000 | 4.33% |
| Greenfire Res Ltd New |
Opened
1,207,725
|
$8,152,144,000 | 4.05% |
| Agnico Eagle Mines Ltd |
2.00%
123,675
|
$8,088,345,000 | 4.02% |
| Bluegreen Vacations Hldg Cor |
Closed
194,106
|
$7,119,808,000 | |
| Century Casinos Inc. |
55.04%
2,544,691
|
$7,048,794,000 | 3.51% |
| Diamondback Energy Inc |
62.91%
31,247
|
$6,255,337,000 | 3.11% |
| Global Ship Lease Inc |
79.34%
215,406
|
$6,201,539,000 | 3.08% |
| Hudbay Minerals Inc. |
0.93%
605,022
|
$5,475,449,000 | 2.72% |
| Super Micro Computer Inc |
Closed
18,668
|
$5,119,139,000 | |
| New Fortress Energy LLC |
Opened
215,749
|
$4,742,163,000 | 2.36% |
| Amplify Etf Tr |
Opened
417,847
|
$4,730,028,000 | 2.35% |
| Mach Natural Resources LP |
Opened
213,253
|
$4,056,072,000 | 2.02% |
| Portillos Inc |
Opened
405,032
|
$3,936,911,000 | 1.96% |
| Antero Resources Corp |
14.69%
110,455
|
$3,604,147,000 | 1.79% |
| Arch Resources Inc |
29.08%
23,434
|
$3,567,358,000 | 1.77% |
| Txo Partners Lp |
79.26%
172,895
|
$3,485,563,000 | 1.73% |
| Etf Managers Tr |
Closed
403,440
|
$3,421,171,000 | |
| ACRES Commercial Realty Corp |
Opened
261,708
|
$3,339,394,000 | 1.66% |
| Orion S.A |
77.17%
147,859
|
$3,244,026,000 | 1.61% |
| Alamos Gold Inc. |
17.23%
185,980
|
$2,916,166,000 | 1.45% |
| Centerra Gold Inc |
18.67%
433,558
|
$2,915,512,000 | 1.45% |
| Hammerhead Energy Inc |
Closed
236,492
|
$2,821,350,000 | |
| Northern Oil & Gas Inc |
Closed
62,955
|
$2,532,680,000 | |
| Vistra Corp |
97.09%
28,828
|
$2,478,631,000 | 1.23% |
| The One Group Hospitality In |
Closed
437,936
|
$2,408,648,000 | |
| Seaport Global Acquisition I |
Closed
216,939
|
$2,349,449,000 | |
| Vishay Precision Group Inc |
Closed
61,027
|
$2,049,287,000 | |
| Maui Ld Pineapple Inc |
Opened
91,270
|
$2,012,504,000 | 1.00% |
| Altenergy Acquisition Corp |
Closed
168,938
|
$1,773,849,000 | |
| Tpg Re Fin Tr Inc |
Opened
174,673
|
$1,509,175,000 | 0.75% |
| Lazydays Holdings Inc |
3.62%
509,649
|
$1,294,508,000 | 0.64% |
| Energy Transfer L P |
52.82%
78,779
|
$1,277,795,000 | 0.64% |
| Sprott Fds Tr |
69.34%
19,662
|
$968,157,000 | 0.48% |
| B. Riley Financial Inc |
79.33%
53,055
|
$935,890,000 | 0.47% |
| Spdr Gold Tr |
No change
4,298
|
$924,113,000 | 0.46% |
| Patrick Inds Inc |
Closed
11,713
|
$879,178,000 | |
| Navios Maritime Partners L.P. |
Opened
15,800
|
$806,274,000 | 0.40% |
| Kkr Real Estate Fin Tr Inc |
Opened
61,700
|
$558,385,000 | 0.28% |
| Perpetua Resources Corp |
59.42%
97,633
|
$507,692,000 | 0.25% |
| Chavant Capital Acquisitn Co |
Closed
40,125
|
$444,384,000 | |
| Mayville Engr Co Inc |
Opened
22,960
|
$382,514,000 | 0.19% |
| Sprott Physical Silver Tr |
54.29%
37,800
|
$375,354,000 | 0.19% |
| RumbleON Inc |
Closed
53,342
|
$326,986,000 | |
| Hecla Mng Co |
Closed
47,122
|
$184,247,000 | |
| Skeena Res Ltd New |
Opened
33,600
|
$180,261,000 | 0.09% |
| Lilium N V |
Closed
250,000
|
$178,325,000 | |
| Cadiz Inc. |
Closed
22,980
|
$76,064,000 | |
| No transactions found | |||
| Showing first 500 out of 56 holdings | |||
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