LSP Investment Advisors, LLC — 13F Holdings & Portfolio
CIK 1728850 · latest 13F-HR filed 2026-05-15
LSP Investment Advisors, LLC manages $137.7M in 13F-reported U.S. long-equity assets across 19 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are EXE (25.49%), EQT (24.51%), GPOR (15.18%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 3, added to 5, and trimmed 8.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$137.7M
Long-equity book
19
Distinct positions
2026-03-31
Filed 2026-05-15
+1 / −3 / ↑5 / ↓8
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- VANECK ETF TRUST$423.0K +7.0%
- VANECK ETF TRUST$85.0K +5.5%
- CENTERPOINT ENERGY INC$78.3K +12.6%
- EXELON CORP$72.1K +12.5%
- DUKE ENERGY CORP NEW$42.0K +11.7%
Top Trims
- EXPAND ENERGY CORPORATION-$21.2M -37.6%
- EQT CORP-$7.2M -17.6%
- GULFPORT ENERGY CORP-$1.8M -7.9%
- MICROSOFT CORP-$939.4K -23.5%
- ALPHABET INC-$576.5K -8.6%
Exited Positions
- COMSTOCK RES INC$9.5M
- ANTERO RESOURCES CORP$6.5M
- BATTALION OIL CORP$2.7M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | EXPAND ENERGY CORPORATION | EXE | 165167735 | $35.1M | 25.49% | 319,717 | SH |
| 2 | EQT CORP | EQT | 26884L109 | $33.7M | 24.51% | 530,300 | SH |
| 3 | GULFPORT ENERGY CORP | GPOR | 402635502 | $20.9M | 15.18% | 98,800 | SH |
| 4 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $11.8M | 8.58% | 18,164 | SH |
| 5 | VANECK ETF TRUST | GDX | 92189F106 | $6.5M | 4.70% | 70,500 | SH |
| 6 | ISHARES TR | EEM | 464287234 | $6.2M | 4.49% | 108,830 | SH |
| 7 | ALPHABET INC | GOOG | 02079K107 | $6.1M | 4.46% | 21,400 | SH |
| 8 | ISHARES TR | IWM | 464287655 | $3.8M | 2.79% | 15,500 | SH |
| 9 | MICROSOFT CORP | MSFT | 594918104 | $3.1M | 2.23% | 8,280 | SH |
| 10 | AMAZON COM INC | AMZN | 023135106 | $3.0M | 2.15% | 14,200 | SH |
| 11 | ISHARES INC | EWJ | 46434G822 | $2.5M | 1.84% | 30,000 | SH |
| 12 | VANECK ETF TRUST | GDXJ | 92189F791 | $1.6M | 1.18% | 13,584 | SH |
| 13 | CENTERPOINT ENERGY INC | CNP | 15189T107 | $701.4K | 0.51% | 16,250 | SH |
| 14 | EXELON CORP | EXC | 30161N101 | $650.7K | 0.47% | 13,274 | SH |
| 15 | CONSTELLATION ENERGY CORP | CEG | 21037T109 | $616.6K | 0.45% | 2,208 | SH |
| 16 | PUBLIC SVC ENTERPRISE GROUP | PEG | 744573106 | $433.1K | 0.31% | 5,350 | SH |
| 17 | DUKE ENERGY CORP NEW | DUK | 26441C204 | $400.7K | 0.29% | 3,060 | SH |
| 18 | ROBINHOOD MKTS INC | HOOD | 770700102 | $302.4K | 0.22% | 4,364 | SH |
| 19 | DOMINION ENERGY INC | D | 25746U109 | $207.1K | 0.15% | 3,350 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $137.7M | 19 | 0001172661-26-002309 |
| 2025-12-31 | 2026-02-17 | $188.1M | 21 | 0001172661-26-001077 |
| 2025-09-30 | 2025-11-14 | $166.4M | 22 | 0001172661-25-005046 |