THOMIST CAPITAL MANAGEMENT, LP Q4 2025 Filing

Filed February 13, 2026

Portfolio Value

$471.0M

Holdings

65

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (65 positions)

#StockSharesValue% PortfolioType
1
SDRLSEADRILL LTD
1,835,718$63.4M13.46%
2
STTSPDR S&P 500 ETF TR
50,000$34.1M7.24%Call
3
ORCLORACLE CORP
146,500$28.6M6.06%Call
4
LVLNSPDR SERIES TRUST
348,900$22.6M4.80%Call
5
SOCSABLE OFFSHORE CORP
1,818,181$21.3M4.53%
6
CNRCORE NATURAL RESOURCES INC
234,000$20.7M4.40%
7
MPCMARATHON PETE CORP
96,100$15.7M3.34%
8
BBARRICK MNG CORP
330,600$14.6M3.11%
9
AMPYAMPLIFY ENERGY CORP NEW
3,147,130$14.6M3.09%
10
NUENUCOR CORP
86,500$14.3M3.03%
11
DINOHF SINCLAIR CORP
308,082$14.3M3.03%
12
DARDARLING INGREDIENTS INC
360,803$13.2M2.80%
13
HBMHUDBAY MINERALS INC
599,600$11.9M2.53%
14
OLNOLIN CORP
505,833$10.6M2.25%
15
LINLINDE PLC
24,350$10.4M2.21%
16
SMSM ENERGY CO
552,905$10.4M2.20%
17
BTEBAYTEX ENERGY CORP
2,980,698$9.7M2.05%
18
IBITISHARES BITCOIN TRUST ETF
180,000$8.9M1.90%Call
19
VLRSCONTROLADORA VUELA COMP DE A
1,009,652$8.9M1.89%
20
UEOWESTLAKE CORPORATION
111,900$8.4M1.78%
21
IMGIAMGOLD CORP
493,625$8.3M1.76%
22
SNCYSUN CTRY AIRLS HLDGS INC
555,935$8.0M1.70%
23
G3VGREEN PLAINS INC
747,192$7.3M1.54%
24
GSMFERROGLOBE PLC
1,450,407$6.7M1.42%
25
AMDADVANCED MICRO DEVICES INC
30,000$6.4M1.36%Call
26
KRSPRICE ACQUISITION CORP 3
500,000$5.2M1.10%
27
PSXPHILLIPS 66
38,900$5.0M1.07%
28
FL9CVR ENERGY INC
199,200$5.0M1.07%
29
GQ9SPDR GOLD TR
12,150$4.8M1.03%
30
LUVSOUTHWEST AIRLS CO
102,860$4.2M0.90%
31
LVLNSPDR SERIES TRUST
62,500$4.1M0.87%
32
CENXCENTURY ALUM CO
100,000$4.0M0.84%
33
AESIATLAS ENERGY SOLUTIONS INC
407,316$3.9M0.83%
34
VTWOVANGUARD SCOTTSDALE FDS
35,710$3.6M0.76%
35
AESIATLAS ENERGY SOLUTIONS INC
350,000$3.3M0.70%Call
36
INRINFINITY NAT RES INC
202,795$3.1M0.65%
37
BGBUNGE GLOBAL SA
33,600$3.0M0.64%
38
CCCHEMOURS CO
245,400$2.9M0.62%
39
LBRTLIBERTY ENERGY INC
117,713$2.2M0.47%
40
OISOIL STS INTL INC
288,084$2.0M0.42%
41
WGOWINNEBAGO INDS INC
46,700$1.9M0.41%
42
THOTHOR INDS INC
18,360$1.9M0.41%
43
SLVISHARES SILVER TR
26,100$1.8M0.38%
44
PIIPOLARIS INC
25,048$1.6M0.34%
45
CWHCAMPING WORLD HLDGS INC
163,980$1.6M0.34%
46
CPACOPA HOLDINGS SA
11,660$1.4M0.30%
47
SPHRSPHERE ENTERTAINMENT CO
14,270$1.4M0.29%
48
ALBALBEMARLE CORP
8,500$1.2M0.26%
49
UALUNITED AIRLS HLDGS INC
9,710$1.1M0.23%
50
IGVISHARES TR
9,300$995K0.21%
51
RGRSTURM RUGER & CO INC
22,940$746K0.16%
52
HUTHUT 8 CORP
13,600$629K0.13%
53
CRWVCOREWEAVE INC
7,400$546K0.12%
54
APLDAPPLIED DIGITAL CORP
21,700$522K0.11%
55
ORCLORACLE CORP
2,600$512K0.11%
56
AALAMERICAN AIRLS GROUP INC
31,580$483K0.10%
57
SKYWSKYWEST INC
4,710$475K0.10%
58
SOCSABLE OFFSHORE CORP
50,000$451K0.10%Call
59
VIKVIKING HOLDINGS LTD
5,710$411K0.09%
60
NCLHNORWEGIAN CRUISE LINE HLDG L
14,809$331K0.07%
61
EVEXEVE HLDG INC
80,880$322K0.07%
62
PARRPAR PAC HOLDINGS INC
8,423$299K0.06%
63
LINDLINDBLAD EXPEDITIONS HLDGS I
19,800$286K0.06%
64
EVLVEVOLV TECHNOLOGIES HLDNGS IN
34,090$241K0.05%
65
MTNVAIL RESORTS INC
1,700$226K0.05%