Merewether Investment Management, LP
Annual return '25
+13.0%
SPY '25
+17.7%
Alpha
-4.7ptsvs SPY
Invested
$5.2B
Holdings
79
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 100%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$CTRA
COTERRA ENERGY INC
Q1 2026: Increased +39.6% (43.1k → 60.2k shares)
5.0%
02
$OVV
OVINTIV INC
Q4 2025: Exited (was 1.75M shares)
4.9%
03
$DAR
DARLING INGREDIENTS INC
Q4 2025: Exited (was 20.6k shares)
4.0%
04
$SU
SUNCOR ENERGY INC NEW
Q4 2025: Exited (was 3.68M shares)
4.0%
05
$VST
VISTRA CORP
Q1 2026: New position (22.7k shares)
3.2%
06
$BP
BP PLC
Q1 2026: New position (45.8k shares)
3.2%
07
$TRGP
TARGA RES CORP
Q1 2026: Increased +49.1% (4.3k → 6.4k shares)
3.1%
08
$BG
BUNGE GLOBAL SA
Q1 2026: New position (1.6k shares)
2.8%
09
$SRE
SEMPRA
Q1 2026: Sold 18.5% (19.3k → 15.8k shares)
2.7%
10
$PR
PERMIAN RESOURCES CORP
Q4 2025: Exited (was 8.84M shares)
2.5%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 10:41 UTC.