Yaupon Capital Management LP — 13F Holdings & Portfolio
CIK 1755028 · latest 13F-HR filed 2026-05-15
Yaupon Capital Management LP manages $3.20B in 13F-reported U.S. long-equity assets across 98 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SPY (16.44%), XOM (4.41%), SPY (4.06%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 33 new positions, exited 38, added to 22, and trimmed 21.
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.
$3.20B
Long-equity book
98
Distinct positions
2026-03-31
Filed 2026-05-15
+33 / −38 / ↑22 / ↓21
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- H2O AMERICA$47.6M +973.6%
- BKV CORP$37.8M +185.8%
- PUBLIC SVC ENTERPRISE GROUP$35.0M +185.3%
- COTERRA ENERGY INC$32.9M +52.8%
- HUT 8 CORP$17.9M +72.5%
Top Trims
- BP PLC-$32.9M -42.5%
- AES CORP-$28.7M -46.0%
- TC ENERGY CORP-$19.7M -31.3%
- TECHNIPFMC PLC-$18.2M -43.3%
- PINNACLE WEST CAP CORP-$14.6M -32.3%
New Positions
- VISTRA CORP$67.9M
- CMS ENERGY CORP$35.1M
- CONOCOPHILLIPS$27.7M
- TALEN ENERGY CORP$25.3M
- DT MIDSTREAM INC$25.2M
Exited Positions
- CRH PLC$63.1M
- ROCKWELL AUTOMATION INC$36.5M
- NUCOR CORP$35.4M
- MASTEC INC$25.4M
- KODIAK GAS SVCS INC$24.2M
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 | STATE STR SPDR S&P 500 ETF T Put | SPY | 78462F103 | $526.8M | 16.44% | 810,000 | SH |
| 2 | EXXON MOBIL CORP Put | XOM | 30231G102 | $141.4M | 4.41% | 833,200 | SH |
| 3 | STATE STR SPDR S&P 500 ETF T Call | SPY | 78462F103 | $130.1M | 4.06% | 200,000 | SH |
| 4 | AMPHENOL CORP Put | APH | 032095101 | $101.1M | 3.16% | 800,000 | SH |
| 5 | NATIONAL FUEL GAS CO | NFG | 636180101 | $98.0M | 3.06% | 1,043,272 | SH |
| 6 | COTERRA ENERGY INC | CTRA | 127097103 | $95.3M | 2.97% | 2,710,826 | SH |
| 7 | CENOVUS ENERGY INC | CVE | 15135U109 | $75.9M | 2.37% | 2,860,109 | SH |
| 8 | AMERICAN WTR WKS CO INC NEW Call | AWK | 030420103 | $68.0M | 2.12% | 500,000 | SH |
| 9 | VISTRA CORP | VST | 92840M102 | $67.9M | 2.12% | 451,591 | SH |
| 10 | TE CONNECTIVITY PLC Put | TEL | G87052109 | $66.7M | 2.08% | 319,300 | SH |
| 11 | OVINTIV INC | OVV | 69047Q102 | $65.1M | 2.03% | 1,096,571 | SH |
| 12 | PERMIAN RESOURCES CORP | PR | 71424F105 | $64.4M | 2.01% | 3,022,482 | SH |
| 13 | BKV CORP | BKV | 05603J108 | $58.2M | 1.82% | 2,040,355 | SH |
| 14 | NISOURCE INC | NI | 65473P105 | $58.0M | 1.81% | 1,242,895 | SH |
| 15 | CSX CORP | CSX | 126408103 | $55.5M | 1.73% | 1,352,431 | SH |
| 16 | PUBLIC SVC ENTERPRISE GROUP | PEG | 744573106 | $53.9M | 1.68% | 665,768 | SH |
| 17 | H2O AMERICA | HTO | 784305104 | $52.5M | 1.64% | 895,435 | SH |
| 18 | BP PLC | BP | 055622104 | $44.6M | 1.39% | 948,265 | SH |
| 19 | AMEREN CORP | AEE | 023608102 | $44.3M | 1.38% | 402,897 | SH |
| 20 | DUKE ENERGY CORP NEW | DUK | 26441C204 | $44.2M | 1.38% | 337,728 | SH |
| 21 | AMERICAN WTR WKS CO INC NEW | AWK | 030420103 | $43.3M | 1.35% | 317,899 | SH |
| 22 | TC ENERGY CORP | TRP | 87807B107 | $43.2M | 1.35% | 690,366 | SH |
| 23 | PBF ENERGY INC Put | PBF | 69318G106 | $42.9M | 1.34% | 900,000 | SH |
| 24 | HUT 8 CORP | HUT | 44812J104 | $42.5M | 1.33% | 906,316 | SH |
| 25 | CSX CORP Call | CSX | 126408103 | $41.0M | 1.28% | 1,000,000 | SH |
| 26 | SHELL PLC | SHEL | 780259305 | $38.3M | 1.20% | 411,760 | SH |
| 27 | DTE ENERGY CO | DTE | 233331107 | $37.4M | 1.17% | 255,555 | SH |
| 28 | CMS ENERGY CORP | CMS | 125896100 | $35.1M | 1.10% | 452,563 | SH |
| 29 | WILLIAMS COS INC | WMB | 969457100 | $35.0M | 1.09% | 481,181 | SH |
| 30 | AES CORP | AES | 00130H105 | $33.8M | 1.05% | 2,395,940 | SH |
| 31 | TARGA RES CORP | TRGP | 87612G101 | $32.8M | 1.02% | 130,822 | SH |
| 32 | PINNACLE WEST CAP CORP | PNW | 723484101 | $30.7M | 0.96% | 304,982 | SH |
| 33 | EQT CORP | EQT | 26884L109 | $29.3M | 0.92% | 461,022 | SH |
| 34 | CENTERPOINT ENERGY INC | CNP | 15189T107 | $28.4M | 0.89% | 657,493 | SH |
| 35 | COHERENT CORP | COHR | 19247G107 | $27.8M | 0.87% | 116,824 | SH |
| 36 | CONOCOPHILLIPS | COP | 20825C104 | $27.7M | 0.87% | 209,965 | SH |
| 37 | TAMBORAN RES CORP | TBN | 87507T101 | $26.8M | 0.84% | 535,174 | SH |
| 38 | TALEN ENERGY CORP | TLN | 87422Q109 | $25.3M | 0.79% | 79,156 | SH |
| 39 | DT MIDSTREAM INC | DTM | 23345M107 | $25.2M | 0.79% | 187,062 | SH |
| 40 | MATADOR RES CO | MTDR | 576485205 | $24.6M | 0.77% | 389,909 | SH |
| 41 | TECHNIPFMC PLC | FTI | G87110105 | $23.8M | 0.74% | 344,594 | SH |
| 42 | TRANSALTA CORP | TAC | 89346D107 | $23.5M | 0.73% | 1,788,700 | SH |
| 43 | LYONDELLBASELL INDUSTRIES NV | LYB | N53745100 | $22.7M | 0.71% | 282,151 | SH |
| 44 | XPLR INFRASTRUCTURE LP | XIFR | 65341B106 | $22.7M | 0.71% | 2,133,787 | SH |
| 45 | ENTERGY CORP NEW Call | ETR | 29364G103 | $22.5M | 0.70% | 200,000 | SH |
| 46 | VIPER ENERGY INC | VNOM | 64361Q101 | $22.4M | 0.70% | 477,036 | SH |
| 47 | KIRBY CORP | KEX | 497266106 | $22.0M | 0.69% | 165,540 | SH |
| 48 | SOLV ENERGY INC | MWH | 78475V103 | $21.8M | 0.68% | 725,000 | SH |
| 49 | ENTERGY CORP NEW | ETR | 29364G103 | $21.3M | 0.66% | 189,560 | SH |
| 50 | EQUINOR ASA Put | EQNR | 29446M102 | $21.1M | 0.66% | 500,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $3.20B | 98 | 0001755028-26-000004 |
| 2025-12-31 | 2026-02-17 | $2.77B | 108 | 0001755028-26-000002 |
| 2025-09-30 | 2025-11-14 | $2.61B | 113 | 0001755028-25-000007 |