Sourcerock is an investment fund managing more than $1.41 trillion ran by Andrew Haley. There are currently 33 companies in Mr. Haley’s portfolio. The largest investments include Antero Resources Corp and Civitas Resources Inc, together worth $345 billion.
As of 7th August 2024, Sourcerock’s top holding is 5,905,011 shares of Antero Resources Corp currently worth over $193 billion and making up 13.7% of the portfolio value.
Relative to the number of outstanding shares of Antero Resources Corp, Sourcerock owns more than approximately 0.1% of the company.
In addition, the fund holds 2,207,834 shares of Civitas Resources Inc worth $152 billion.
The third-largest holding is EQT Corp worth $135 billion and the next is Talos Inc worth $105 billion, with 8,667,057 shares owned.
Currently, Sourcerock's portfolio is worth at least $1.41 trillion. 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.
The Sourcerock office and employees reside in Denver, Colorado. According to the last 13-F report filed with the SEC, Andrew Haley serves as the Chief Operation Officer and Chief Compliance Officer at Sourcerock.
In the most recent 13F filing, Sourcerock revealed that it had opened a new position in
EQT Corp and bought 3,647,683 shares worth $135 billion.
This means they effectively own approximately 0.1% of the company.
EQT Corp makes up
16.2%
of the fund's Energy sector allocation and has decreased its share price by 27.4% in the past year.
The investment fund also strengthened its position in Antero Resources Corp by buying
603,214 additional shares.
This makes their stake in Antero Resources Corp total 5,905,011 shares worth $193 billion.
Antero Resources Corp dropped 1.8% in the past year.
On the other hand, there are companies that Sourcerock is getting rid of from its portfolio.
Sourcerock closed its position in Marathon Oil on 14th August 2024.
It sold the previously owned 360,334 shares for $10.2 billion.
Andrew Haley also disclosed a decreased stake in Noble Corp Plc by 0.1%.
This leaves the value of the investment at $86.3 billion and 1,933,439 shares.
The two most similar investment funds to Sourcerock are Himension Capital (singapore) Pte. Ltd and Meeder Advisory Services. They manage $1.41 trillion and $1.41 trillion respectively.
Sourcerock’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Energy — making up 59.1% of
the total portfolio value.
The fund focuses on investments in the United States as
54.5% 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
30% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $16.7 billion.
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 |
|---|---|---|---|
| Antero Resources Corp |
11.38%
5,905,011
|
$192,680,509,000 | 13.65% |
| Civitas Resources Inc |
5.98%
2,207,834
|
$152,340,546,000 | 10.79% |
| EQT Corp |
Opened
3,647,683
|
$134,891,318,000 | 9.56% |
| Talos Energy Inc |
2.00%
8,667,057
|
$105,304,743,000 | 7.46% |
| Tenaris S.A. |
24.19%
3,047,116
|
$92,997,980,000 | 6.59% |
| Noble Corp Plc |
14.53%
1,933,439
|
$86,328,051,000 | 6.12% |
| Expro Group Holdings Nv |
31.84%
3,463,800
|
$79,390,295,000 | 5.63% |
| Array Technologies, Inc. |
47.17%
7,134,032
|
$73,195,168,000 | 5.19% |
| Oceaneering International, Inc. |
30.12%
2,859,983
|
$67,667,197,000 | 4.79% |
| Seadrill 2021 Ltd |
27.41%
1,190,705
|
$61,321,308,000 | 4.35% |
| Chord Energy Corporation |
45.93%
365,077
|
$61,216,111,000 | 4.34% |
| Schlumberger Ltd. |
38.89%
900,016
|
$42,462,756,000 | 3.01% |
| Cheniere Energy Inc. |
73.75%
236,231
|
$41,300,266,000 | 2.93% |
| California Res Corp |
Opened
712,195
|
$37,903,018,000 | 2.69% |
| Ovintiv Inc |
51.62%
547,637
|
$25,667,746,000 | 1.82% |
| Cemex Sab De Cv |
51.50%
3,469,091
|
$22,167,491,000 | 1.57% |
| MP Materials Corp. |
119.21%
1,728,031
|
$21,997,835,000 | 1.56% |
| NOV Inc |
Opened
1,143,000
|
$21,728,429,000 | 1.54% |
| First Solar Inc |
Opened
75,000
|
$16,909,500,000 | 1.20% |
| MRC Global Inc |
1.60%
981,510
|
$12,671,294,000 | 0.90% |
| Sunnova Energy International Inc |
Opened
2,075,000
|
$11,578,500,000 | 0.82% |
| Marathon Oil Corporation |
Closed
360,334
|
$10,211,866,000 | |
| Profrac Hldg Corp |
Closed
1,160,966
|
$9,705,676,000 | |
| Fluence Energy Inc |
Closed
509,691
|
$8,838,042,000 | |
| Murphy Oil Corp. |
Opened
200,000
|
$8,248,001,000 | 0.58% |
| Scorpio Tankers Inc |
Opened
100,000
|
$8,128,999,000 | 0.58% |
| Select Sector Spdr Tr |
13.27%
94,255
|
$6,422,536,000 | 0.46% |
| Compass Minerals International Inc |
Closed
383,482
|
$6,036,007,000 | |
| Nextracker Inc |
Opened
105,000
|
$4,922,400,000 | 0.35% |
| Mueller Inds Inc |
Opened
86,149
|
$4,905,324,000 | 0.35% |
| Ishares Tr |
0.06%
94,817
|
$8,791,627,000 | 0.62% |
| Targa Res Corp |
Closed
27,964
|
$3,131,688,000 | |
| Enbridge Inc |
Closed
82,200
|
$2,973,996,000 | |
| Baytex Energy Corp |
Closed
710,088
|
$2,577,619,000 | |
| Pembina Pipeline Corporation |
0.07%
64,227
|
$2,381,537,000 | 0.17% |
| Sigma Lithium Corporation |
Opened
148,785
|
$1,789,884,000 | 0.13% |
| Xcel Energy Inc. |
72.05%
32,689
|
$1,745,919,000 | 0.12% |
| Atlantica Sustainable Infr P |
Closed
78,869
|
$1,457,499,000 | |
| Kodiak Gas Svcs Inc |
Opened
38,600
|
$1,052,236,000 | 0.07% |
| Consolidated Edison, Inc. |
0.06%
6,596
|
$589,814,000 | 0.04% |
| Exelon Corp. |
0.06%
15,610
|
$540,262,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 41 holdings | |||