Thomist Capital Management, L.P. 13F annual report

Thomist Capital Management, L.P. is an investment fund managing more than $277 billion ran by Logan Moncrief. There are currently 35 companies in Mr. Moncrief’s portfolio. The largest investments include Peabody and Algoma Stl Group Inc, together worth $91.5 billion.

Limited to 30 biggest holdings

$277 billion Assets Under Management (AUM)

As of 5th August 2024, Thomist Capital Management, L.P.’s top holding is 2,126,284 shares of Peabody currently worth over $48.1 billion and making up 17.4% of the portfolio value. Relative to the number of outstanding shares of Peabody, Thomist Capital Management, L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 4,977,609 shares of Algoma Stl Group Inc worth $43.4 billion. The third-largest holding is Marathon Pete Corp worth $35.7 billion and the next is Ferroglobe Plc worth $18 billion, with 3,133,022 shares owned.

Currently, Thomist Capital Management, L.P.'s portfolio is worth at least $277 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 Thomist Capital Management, L.P.

The Thomist Capital Management, L.P. office and employees reside in Houston, Texas. According to the last 13-F report filed with the SEC, Logan Moncrief serves as the Chief Compliance Officer at Thomist Capital Management, L.P..

Recent trades

In the most recent 13F filing, Thomist Capital Management, L.P. revealed that it had opened a new position in Phillips 66 and bought 107,400 shares worth $15 billion. This means they effectively own approximately 0.1% of the company. Phillips 66 makes up 21.5% of the fund's Energy sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Peabody by buying 101,515 additional shares. This makes their stake in Peabody total 2,126,284 shares worth $48.1 billion. Peabody dropped approximately 0.1% in the past year.

On the other hand, there are companies that Thomist Capital Management, L.P. is getting rid of from its portfolio. Thomist Capital Management, L.P. closed its position in Freeport-McMoRan Inc on 12th August 2024. It sold the previously owned 134,000 shares for $6.3 billion. Logan Moncrief also disclosed a decreased stake in Algoma Stl Group Inc by approximately 0.1%. This leaves the value of the investment at $43.4 billion and 4,977,609 shares.

One of the smaller hedge funds

The two most similar investment funds to Thomist Capital Management, L.P. are Northern Right Capital Management, L.P. and Truefg. They manage $277 billion and $277 billion respectively.

Logan Moncrief investment strategy

Thomist Capital Management, L.P.’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Energy — making up 25.1% of the total portfolio value. The fund focuses on investments in the United States as 45.7% 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 14% of the total holdings value. On the other hand, small-cap stocks make up only 2.9% of the portfolio. The average market cap of the portfolio companies is close to $11.2 billion.

The complete list of Thomist Capital Management, L.P. trades based on 13F SEC filings

These positions were updated on August 12th 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
Peabody Energy Corp.	5.01% 2,126,284	$48,054,018,000	17.36%
Algoma Stl Group Inc	0.60% 4,977,609	$43,429,639,000	15.69%
Marathon Pete Corp	103.81% 215,618	$35,742,996,000	12.91%
Ferroglobe Plc	159.33% 3,133,022	$18,030,542,000	6.51%
Vanguard Index Fds	4.05% 30,169	$15,373,459,000	5.55%
Phillips 66	Opened 107,400	$14,968,875,000	5.41%
Par Pac Holdings Inc	49.99% 559,277	$13,095,471,000	4.73%
Select Sector Spdr Tr	14.72% 116,558	$10,703,521,000	3.87%
Vital Energy Inc	Opened 231,500	$10,442,965,000	3.77%
Silverbow Res Inc	54.19% 243,264	$9,224,571,000	3.33%
Spdr Gold Tr	Opened 32,874	$7,276,331,000	2.63%
Tyson Foods, Inc.	Opened 107,000	$6,346,170,000	2.29%
Freeport-McMoRan Inc	Closed 134,000	$6,300,680,000
Teck Resources Ltd	Closed 137,258	$6,283,671,000
Darling Ingredients Inc	Opened 138,000	$5,126,700,000	1.85%
Civitas Resources Inc	Opened 70,741	$5,028,978,000	1.82%
Cf Inds Hldgs Inc	Closed 59,200	$4,926,032,000
Dow Inc	Closed 69,900	$4,049,307,000
Baytex Energy Corp	Closed 1,043,500	$3,787,905,000
Diamond Offshore Drilling In	Opened 217,920	$3,504,154,000	1.27%
Sigma Lithium Corporation	57.28% 279,772	$3,438,398,000	1.24%
Mosaic Co New	Closed 104,900	$3,405,054,000
Archer Daniels Midland Co.	Closed 53,362	$3,351,667,000
Lithium Americas Argentina C	Closed 602,785	$3,249,011,000
PBF Energy Inc	Closed 56,227	$3,236,988,000
Corteva Inc	Closed 54,000	$3,114,180,000
Crescent Energy Company	Closed 254,154	$3,024,433,000
Valero Energy Corp.	Closed 15,300	$2,611,557,000
Noble Corp Plc	Opened 53,892	$2,528,613,000	0.91%
VanEck ETF Trust	Opened 67,239	$2,513,394,000	0.91%
Murphy Oil Corp.	Opened 60,355	$2,464,898,000	0.89%
Alcoa Corp	Opened 67,800	$2,343,846,000	0.85%
Applied Digital Corp	Opened 425,000	$2,218,500,000	0.80%
Serve Robotics Inc	Opened 208,910	$2,011,803,000	0.73%
Nutrien Ltd	Closed 36,500	$1,982,315,000
Atlas Lithium Corp	7.97% 147,796	$1,835,626,000	0.66%
Coeur Mng Inc	Opened 280,000	$1,783,600,000	0.64%
Albemarle Corp.	Opened 17,725	$1,646,298,000	0.59%
Chesapeake Energy Corp.	No change 16,800	$1,360,800,000	0.49%
Bitdeer Technologies Group	Opened 112,667	$1,305,811,000	0.47%
Net Power Inc	Opened 112,729	$1,073,180,000	0.39%
Green Plains Inc	Opened 61,700	$1,010,646,000	0.37%
Gevo Inc	41.29% 1,399,764	$829,920,000	0.30%
Southern Copper Corporation	Opened 6,447	$673,712,000	0.24%
Trinseo PLC	Closed 165,715	$626,403,000
Riot Platforms Inc	Opened 47,517	$584,222,000	0.21%
Stronghold Digital Mining In	Opened 118,856	$484,932,000	0.18%
Enlink Midstream LLC	Opened 16,948	$243,204,000	0.09%
Piedmont Lithium Inc	Opened 15,713	$171,193,000	0.06%
No transactions found
Showing first 500 out of 49 holdings