THOMIST CAPITAL MANAGEMENT, LP Q3 2025 Filing
Filed November 14, 2025
Portfolio Value
$506.3B
Holdings
76
Report Date
Q3 2025
Filing Type
13F-HR
All Holdings (76 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | LVLNSPDR SERIES TRUST | 870,000 | $55.1B | 10.88% | Call |
| 2 | NTRNUTRIEN LTD | 813,000 | $47.7B | 9.43% | Put |
| 3 | SDRLSEADRILL LTD | 1,269,299 | $38.7B | 7.65% | |
| 4 | SPYSPDR S&P 500 ETF TR | 50,000 | $33.3B | 6.58% | Put |
| 5 | BGBUNGE GLOBAL SA | 266,664 | $22.0B | 4.34% | |
| 6 | DARDARLING INGREDIENTS INC | 667,347 | $20.5B | 4.04% | |
| 7 | VLOVALERO ENERGY CORP | 114,900 | $19.8B | 3.91% | |
| 8 | GQ9SPDR GOLD TR | 48,300 | $17.0B | 3.36% | |
| 9 | DINOHF SINCLAIR CORP | 312,400 | $16.4B | 3.24% | |
| 10 | OLNOLIN CORP | 623,386 | $15.2B | 3.01% | |
| 11 | LVLNSPDR SERIES TRUST | 214,300 | $13.6B | 2.69% | |
| 12 | IMGIAMGOLD CORP | 1,050,227 | $13.5B | 2.66% | |
| 13 | RIORIO TINTO PLC | 174,400 | $11.5B | 2.27% | |
| 14 | ARISARIS MNG CORP | 1,018,106 | $10.0B | 1.98% | |
| 15 | BGBUNGE GLOBAL SA | 100,000 | $8.1B | 1.60% | Call |
| 16 | AMPYAMPLIFY ENERGY CORP NEW | 1,500,000 | $7.9B | 1.56% | Call |
| 17 | ADMARCHER DANIELS MIDLAND CO | 127,300 | $7.7B | 1.52% | |
| 18 | TSNTYSON FOODS INC | 131,298 | $7.1B | 1.40% | |
| 19 | BBARRICK MNG CORP | 203,000 | $6.7B | 1.33% | |
| 20 | BTUPEABODY ENERGY CORP | 247,600 | $6.6B | 1.31% | |
| 21 | VLRSCONTROLADORA VUELA COMP DE A | 972,195 | $6.6B | 1.31% | |
| 22 | GSMFERROGLOBE PLC | 1,494,911 | $6.5B | 1.28% | |
| 23 | SHWSHERWIN WILLIAMS CO | 18,700 | $6.4B | 1.27% | |
| 24 | STLDSTEEL DYNAMICS INC | 44,770 | $6.2B | 1.23% | |
| 25 | CLFCLEVELAND-CLIFFS INC NEW | 500,300 | $6.1B | 1.21% | Call |
| 26 | IRENIREN LIMITED | 130,000 | $6.1B | 1.21% | Put |
| 27 | IBITISHARES BITCOIN TRUST ETF | 92,900 | $6.0B | 1.19% | |
| 28 | SCCOSOUTHERN COPPER CORP | 48,700 | $5.9B | 1.16% | |
| 29 | AMZNAMAZON COM INC | 22,900 | $5.1B | 1.00% | |
| 30 | EXEEXPAND ENERGY CORPORATION | 41,900 | $4.5B | 0.88% | |
| 31 | RRCRANGE RES CORP | 115,900 | $4.3B | 0.86% | |
| 32 | SOCSABLE OFFSHORE CORP | 240,000 | $4.2B | 0.83% | Call |
| 33 | SGMLSIGMA LITHIUM CORPORATION | 570,089 | $3.9B | 0.77% | |
| 34 | UEOWESTLAKE CORPORATION | 46,200 | $3.6B | 0.70% | |
| 35 | HUNHUNTSMAN CORP | 300,000 | $2.7B | 0.53% | Call |
| 36 | OLNOLIN CORP | 100,000 | $2.5B | 0.49% | Call |
| 37 | CENXCENTURY ALUM CO | 83,991 | $2.5B | 0.49% | |
| 38 | NUENUCOR CORP | 17,900 | $2.4B | 0.48% | |
| 39 | ARANTERO RESOURCES CORP | 64,900 | $2.2B | 0.43% | |
| 40 | EQTEQT CORP | 38,800 | $2.1B | 0.42% | |
| 41 | CIVICIVITAS RESOURCES INC | 61,300 | $2.0B | 0.40% | |
| 42 | GPORGULFPORT ENERGY CORP | 11,300 | $2.0B | 0.40% | |
| 43 | TROXTRONOX HOLDINGS PLC | 500,000 | $2.0B | 0.40% | Call |
| 44 | PARRPAR PAC HOLDINGS INC | 54,200 | $1.9B | 0.38% | |
| 45 | PLUGPLUG POWER INC | 800,000 | $1.9B | 0.37% | Put |
| 46 | HYLNHYLIION HOLDINGS CORP | 927,600 | $1.8B | 0.36% | Call |
| 47 | LUVSOUTHWEST AIRLS CO | 55,410 | $1.8B | 0.36% | |
| 48 | WULFTERAWULF INC | 150,000 | $1.7B | 0.34% | Put |
| 49 | —OKLO INC | 15,100 | $1.7B | 0.33% | Put |
| 50 | HOGHARLEY DAVIDSON INC | 57,850 | $1.7B | 0.33% | |
| 51 | PIIPOLARIS INC | 23,391 | $1.4B | 0.27% | |
| 52 | —COREWEAVE INC | 10,000 | $1.4B | 0.27% | Put |
| 53 | CMCCOMMERCIAL METALS CO | 22,600 | $1.3B | 0.26% | |
| 54 | —CIPHER MINING INC | 100,000 | $1.3B | 0.25% | Put |
| 55 | CWHCAMPING WORLD HLDGS INC | 76,865 | $1.2B | 0.25% | |
| 56 | WGOWINNEBAGO INDS INC | 34,315 | $1.2B | 0.23% | |
| 57 | INVXINNOVEX INTERNATIONAL INC | 60,909 | $1.1B | 0.22% | |
| 58 | XHBSPDR SERIES TRUST | 9,000 | $995.7M | 0.20% | |
| 59 | G3VGREEN PLAINS INC | 103,800 | $949.8M | 0.19% | |
| 60 | THOTHOR INDS INC | 8,820 | $923.6M | 0.18% | |
| 61 | DOOBRP INC | 13,980 | $844.6M | 0.17% | |
| 62 | RYAAYRYANAIR HOLDINGS PLC | 14,070 | $823.2M | 0.16% | |
| 63 | SLSSOLARIS RES INC | 126,800 | $805.6M | 0.16% | |
| 64 | LTMLATAM AIRLINES GROUP SA | 17,945 | $801.2M | 0.16% | |
| 65 | SA2DSANDRIDGE ENERGY INC | 59,200 | $666.0M | 0.13% | |
| 66 | CPACOPA HOLDINGS SA | 4,875 | $581.3M | 0.11% | |
| 67 | SKYWSKYWEST INC | 5,545 | $558.3M | 0.11% | |
| 68 | VTWOVANGUARD SCOTTSDALE FDS | 4,151 | $405.4M | 0.08% | |
| 69 | RGRSTURM RUGER & CO INC | 9,000 | $384.9M | 0.08% | |
| 70 | SNCYSUN CTRY AIRLS HLDGS INC | 28,300 | $338.8M | 0.07% | |
| 71 | NCLHNORWEGIAN CRUISE LINE HLDG L | 12,708 | $314.5M | 0.06% | |
| 72 | APLDAPPLIED DIGITAL CORP | 14,000 | $310.1M | 0.06% | |
| 73 | SPHRSPHERE ENTERTAINMENT CO | 4,990 | $310.0M | 0.06% | |
| 74 | WBIWATERBRIDGE INFRASTRUCTURE L | 10,000 | $245.2M | 0.05% | |
| 75 | EVEXEVE HLDG INC | 48,596 | $189.0M | 0.04% | |
| 76 | EVLVEVOLV TECHNOLOGIES HLDNGS IN | 17,400 | $137.5M | 0.03% |