Thomist Capital Management, LP
CIK 0001767809
Annualised vol
9.580665%
Beta
0.246971
HHI
483.8917
Top-10 weight
61.075206%
VaR 95%
0.917832%
VaR 99%
1.8149%
Max drawdown
17.53773%
Matched value
72.444807%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| DAR | ADDED | 566,094 | 450,000 | 25.8% | 30,920,054 |
| ARIS | ADDED | 1,751,221 | 1,147,572 | 52.6% | 26,110,705 |
| DHT | ADDED | 1,389,095 | 241,696 | 474.73% | 22,961,740 |
| CNR | ADDED | 266,532 | 224,799 | 18.56% | 21,327,891 |
| GPRE | NEW | 1,270,612 | - | - | 19,542,013 |
| HBM | NEW | 734,227 | - | - | 17,311,505 |
| PPC | NEW | 500,000 | - | - | 14,055,000 |
| FRO | NEW | 369,740 | - | - | 12,863,255 |
| MOS | NEW | 500,000 | - | - | 10,595,000 |
| WLK | ADDED | 96,200 | 73,000 | 31.78% | 7,022,600 |
| DINO | REDUCED | 97,063 | 636,090 | -84.74% | 6,760,438 |
| IAG | NEW | 404,362 | - | - | 6,405,094 |
| KRSP | ADDED | 531,645 | 506,329 | 5.0% | 5,693,918 |
| TGB | NEW | 608,925 | - | - | 4,189,404 |
| AAL | NEW | 195,020 | - | - | 3,524,011 |
| GSM | REDUCED | 922,217 | 1,083,764 | -14.91% | 2,932,650 |
| CC | NEW | 142,900 | - | - | 2,932,308 |
| CVI | NEW | 93,326 | - | - | 2,570,198 |
| HUT | REDUCED | 21,185 | 29,575 | -28.37% | 2,445,702 |
| RYAAY | REDUCED | 34,370 | 54,980 | -37.49% | 2,225,458 |
| CBRS | NEW | 5,700 | - | - | 1,259,700 |
| RIOT | REDUCED | 36,600 | 67,500 | -45.78% | 1,002,108 |
| MU | NEW | 830 | - | - | 958,061 |
| GLND | NEW | 541,500 | - | - | 833,550 |
| KEEL | NEW | 82,800 | - | - | 475,272 |
| BTDR | NEW | 28,700 | - | - | 455,469 |
| FF | REDUCED | 74,727 | 794,883 | -90.6% | 337,766 |
| SOC | NEW | 59,794 | - | - | 184,166 |
| BTE | CLOSED OUT | 0 | 1,885,306 | -100.0% | 0 |
| KOS | CLOSED OUT | 0 | 927,209 | -100.0% | 0 |
| EQX | CLOSED OUT | 0 | 890,919 | -100.0% | 0 |
| PR | CLOSED OUT | 0 | 511,346 | -100.0% | 0 |
| BTG | CLOSED OUT | 0 | 250,100 | -100.0% | 0 |
| JBLU | CLOSED OUT | 0 | 193,000 | -100.0% | 0 |
| FCX | CLOSED OUT | 0 | 150,000 | -100.0% | 0 |
| HOG | CLOSED OUT | 0 | 140,600 | -100.0% | 0 |
| OLN | CLOSED OUT | 0 | 134,000 | -100.0% | 0 |
| AMPY | CLOSED OUT | 0 | 130,842 | -100.0% | 0 |
| STLD | CLOSED OUT | 0 | 105,300 | -100.0% | 0 |
| PII | CLOSED OUT | 0 | 68,785 | -100.0% | 0 |
| STNG | CLOSED OUT | 0 | 61,855 | -100.0% | 0 |
| XPRO | CLOSED OUT | 0 | 54,600 | -100.0% | 0 |
| BG | CLOSED OUT | 0 | 51,100 | -100.0% | 0 |
| FRMI | CLOSED OUT | 0 | 50,000 | -100.0% | 0 |
| DOO | CLOSED OUT | 0 | 40,085 | -100.0% | 0 |
| RGLD | CLOSED OUT | 0 | 37,262 | -100.0% | 0 |
| ALK | CLOSED OUT | 0 | 28,430 | -100.0% | 0 |
| IREN | CLOSED OUT | 0 | 20,500 | -100.0% | 0 |
| NVDA | CLOSED OUT | 0 | 8,140 | -100.0% | 0 |
| LNG | CLOSED OUT | 0 | 8,100 | -100.0% | 0 |
| AMD | CLOSED OUT | 0 | 3,500 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| DAR | ADDED | DARLING INGREDIENTS INC | COM | 237266101 | 30,920,054 | 9.83 | 566094.0 |
| ARIS | ADDED | ARIS MINING CORPORATION | COM | 04040Y109 | 26,110,705 | 8.3 | 1751221.0 |
| DHT | ADDED | DHT HOLDINGS INC | SHS NEW | Y2065G121 | 22,961,740 | 7.3 | 1389095.0 |
| CNR | ADDED | CORE NATURAL RESOURCES INC | COM SHS | 218937100 | 21,327,891 | 6.78 | 266532.0 |
| GPRE | NEW | GREEN PLAINS INC | COM | 393222104 | 19,542,013 | 6.21 | 1270612.0 |
| HBM | NEW | HUDBAY MINERALS INC | COM | 443628102 | 17,311,505 | 5.5 | 734227.0 |
| - | CONTROLADORA VUELA COMP DE A | SPON ADR RP 10 | 21240E105 | 16,441,670 | 5.23 | 1754714.0 | |
| PPC | NEW | PILGRIMS PRIDE CORP | CALL | 72147K908 | 14,055,000 | 4.47 | 500000.0 |
| FRO | NEW | FRONTLINE PLC | COM | M46528101 | 12,863,255 | 4.09 | 369740.0 |
| MOS | NEW | MOSAIC CO | CALL | 61945C903 | 10,595,000 | 3.37 | 500000.0 |
| - | ISHARES TR | PUT | 464287955 | 10,515,750 | 3.34 | 35000.0 | |
| - | DELEK US HLDGS INC NEW | COM | 24665A103 | 10,278,863 | 3.27 | 202300.0 | |
| - | PEABODY ENGR CORP | COM | 704551100 | 9,766,628 | 3.1 | 422432.0 | |
| WLK | ADDED | WESTLAKE CORPORATION | COM | 960413102 | 7,022,600 | 2.23 | 96200.0 |
| - | VANECK ETF TRUST | CALL | 92189F901 | 6,877,500 | 2.19 | 70000.0 | |
| DINO | REDUCED | HF SINCLAIR CORP | COM | 403949100 | 6,760,438 | 2.15 | 97063.0 |
| - | OKEANIS ECO TANKERS COR | SHS | Y64177101 | 6,712,171 | 2.13 | 133922.0 | |
| IAG | NEW | IAMGOLD CORP | COM | 450913108 | 6,405,094 | 2.04 | 404362.0 |
| KRSP | ADDED | RICE ACQUISITION CORP 3 | UNIT 99/99/9999 | G7553X122 | 5,693,918 | 1.81 | 531645.0 |
| - | PPG INDS INC | COM | 693506107 | 5,470,179 | 1.74 | 45100.0 | |
| - | UNITED AIRLS HLDGS INC | COM | 910047109 | 5,030,270 | 1.6 | 36990.0 | |
| TGB | NEW | TREKOR METALS LTD | COM | 89472Y107 | 4,189,404 | 1.33 | 608925.0 |
| - | MATADOR RES CO | COM | 576485205 | 3,992,356 | 1.27 | 80200.0 | |
| - | PAR PAC HOLDINGS INC | COM NEW | 69888T207 | 3,704,645 | 1.18 | 66060.0 | |
| AAL | NEW | AMERICAN AIRLINES GROUP INC | COM | 02376R102 | 3,524,011 | 1.12 | 195020.0 |
| - | HMH HLDG INC | CL A | 40445M100 | 2,963,937 | 0.94 | 158161.0 | |
| GSM | REDUCED | FERROGLOBE PLC | SHS | G33856108 | 2,932,650 | 0.93 | 922217.0 |
| CC | NEW | CHEMOURS CO | COM | 163851108 | 2,932,308 | 0.93 | 142900.0 |
| CVI | NEW | CVR ENERGY INC | COM | 12662P108 | 2,570,198 | 0.82 | 93326.0 |
| HUT | REDUCED | HUT 8 CORP | COM | 44812J104 | 2,445,702 | 0.78 | 21185.0 |
| RYAAY | REDUCED | RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 | 2,225,458 | 0.71 | 34370.0 |
| - | RANGER ENERGY SVCS INC | COM CL A | 75282U104 | 1,816,495 | 0.58 | 113460.0 | |
| - | EAGLEROCK LD LLC | CL A SHS REP LTD | 27005A105 | 1,487,500 | 0.47 | 70000.0 | |
| RIOT | REDUCED | RIOT PLATFORMS INC | COM | 767292105 | 1,002,108 | 0.32 | 36600.0 |
| - | SOLARIS RES INC | COM NEW | 83419D201 | 983,701 | 0.31 | 182360.0 | |
| MU | NEW | MICRON TECHNOLOGY INC | COM | 595112103 | 958,061 | 0.3 | 830.0 |
| CBRS | NEW | CEREBRAS SYSTEMS INC | CALL | 15675D903 | 663,000 | 0.21 | 3000.0 |
| - | ISHARES TR | PUT | 464287953 | 640,760 | 0.2 | 1000.0 | |
| GLND | NEW | GREENLAND ENERGY CO | SHS | 70580B106 | 608,300 | 0.19 | 276500.0 |
| CBRS | NEW | CEREBRAS SYSTEMS INC | COM CL A | 15675D103 | 596,700 | 0.19 | 2700.0 |
| KEEL | NEW | KEEL INFRASTRUCTURE CORP | COM SHS | 486917107 | 475,272 | 0.15 | 82800.0 |
| BTDR | NEW | BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | G11448100 | 455,469 | 0.14 | 28700.0 |
| FF | REDUCED | FUTUREFUEL CORP | COM | 36116M106 | 337,766 | 0.11 | 74727.0 |
| GLND | NEW | GREENLAND ENERGY CO | *W EXP 04/21/203 | 70580B114 | 225,250 | 0.07 | 265000.0 |
| SOC | NEW | SABLE OFFSHORE CORP | COM SHS | 78574H104 | 184,166 | 0.06 | 59794.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 314,577,461 | 45 | 9.580665 | 0.246971 | 17.53773 |
| 2026-03-31 | 2026-05-15 | 371,476,228 | 57 | 12.400293 | 0.361642 | 30.667848 |
| 2025-12-31 | 2026-02-13 | 470,965,714 | 65 | 9.550285 | 0.273161 | 29.20471 |
| 2025-09-30 | 2025-11-14 | 506,292,963 | 76 | 9.063788 | 0.272567 | 20.584585 |
| 2025-03-31 | 2025-05-14 | 253,722,634 | 38 | 11.342708 | 0.29977 | 25.843194 |
| 2024-12-31 | 2025-02-14 | 384,634,829 | 50 | 16.055545 | 0.470597 | 40.363506 |