THOMIST CAPITAL MANAGEMENT, LP — 13F Holdings & Portfolio
CIK 1767809 · latest 13F-HR filed 2026-05-15
THOMIST CAPITAL MANAGEMENT, LP manages $371.5M in 13F-reported U.S. long-equity assets across 57 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are DINO (9.51%), DAR (7.49%), CNR (6.34%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 28 new positions, exited 43, added to 8, and trimmed 5.
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.
$371.5M
Long-equity book
57
Distinct positions
2026-03-31
Filed 2026-05-15
+28 / −43 / ↑8 / ↓5
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- HF SINCLAIR CORP$21.1M +147.8%
- SOUTHWEST AIRLS CO$6.6M +154.7%
- CORE NATURAL RESOURCES INC$2.8M +13.5%
- PAR PAC HOLDINGS INC$2.5M +836.7%
- CONTROLADORA VUELA COMP DE A$2.2M +25.0%
Top Trims
- AMPLIFY ENERGY CORP NEW-$13.8M -94.4%
- OLIN CORP-$6.6M -62.5%
- INFINITY NAT RES INC-$2.9M -93.3%
- FERROGLOBE PLC-$2.2M -33.4%
- BAYTEX ENERGY CORP-$1.2M -12.7%
New Positions
- ARIS MINING CORPORATION$21.3M
- STEEL DYNAMICS INC$19.0M
- DELEK US HLDGS INC NEW$16.8M
- SSR MINING IN$16.1M
- EQUINOX GOLD CORP$12.9M
Exited Positions
- SEADRILL LTD$63.4M
- SABLE OFFSHORE CORP$21.3M
- MARATHON PETE CORP$15.7M
- BARRICK MNG CORP$14.6M
- NUCOR CORP$14.3M
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 | HF SINCLAIR CORP | DINO | 403949100 | $35.3M | 9.51% | 566,090 | SH |
| 2 | DARLING INGREDIENTS INC Call | DAR | 237266901 | $27.8M | 7.49% | 450,000 | SH |
| 3 | CORE NATURAL RESOURCES INC | CNR | 218937100 | $23.5M | 6.34% | 224,799 | SH |
| 4 | ARIS MINING CORPORATION | ARIS | 04040Y109 | $21.3M | 5.74% | 1,147,572 | SH |
| 5 | CF INDUSTRIES HOLD Put | CF | 125269950 | $19.5M | 5.24% | 150,000 | SH |
| 6 | STEEL DYNAMICS INC | STLD | 858119100 | $19.0M | 5.10% | 105,300 | SH |
| 7 | DELEK US HLDGS INC NEW | DK | 24665A103 | $16.8M | 4.52% | 372,937 | SH |
| 8 | SSR MINING IN | SSRM | 784730103 | $16.1M | 4.34% | 548,900 | SH |
| 9 | EQUINOX GOLD CORP | EQX | 29446Y502 | $12.9M | 3.47% | 890,919 | SH |
| 10 | CONTROLADORA VUELA COMP DE A | VLRS | 21240E105 | $11.1M | 3.00% | 1,539,094 | SH |
| 11 | PERMIAN RESOURCES CORP | PR | 71424F105 | $10.9M | 2.93% | 511,346 | SH |
| 12 | SOUTHWEST AIRLS CO | LUV | 844741108 | $10.8M | 2.91% | 288,001 | SH |
| 13 | VANGUARD INDEX FDS | VOO | 922908363 | $10.2M | 2.73% | 17,000 | SH |
| 14 | ROYAL GOLD INC | RGLD | 780287108 | $9.5M | 2.55% | 37,262 | SH |
| 15 | FREEPORT MCMORAN INC Call | FCX | 35671D907 | $8.8M | 2.37% | 150,000 | SH |
| 16 | WESTLAKE CORPORATION | WLK | 960413102 | $8.5M | 2.30% | 73,000 | SH |
| 17 | BAYTEX ENERGY CORP | BTE | 07317Q105 | $8.4M | 2.27% | 1,885,306 | SH |
| 18 | PEABODY ENGR CORP | BTU | 704551100 | $7.6M | 2.05% | 231,553 | SH |
| 19 | BUNGE GLOBAL SA Call | BG | H11356904 | $6.5M | 1.75% | 51,100 | SH |
| 20 | EASTMAN CHEM CO | EMN | 277432100 | $6.5M | 1.74% | 84,700 | SH |
| 21 | RICE ACQUISITION CORP 3 | KRSP.U | G7553X122 | $5.4M | 1.44% | 506,329 | SH |
| 22 | SCORPIO TANKERS INC | STNG | Y7542C130 | $4.6M | 1.24% | 61,855 | SH |
| 23 | FERROGLOBE PLC | GSM | G33856108 | $4.5M | 1.20% | 1,083,764 | SH |
| 24 | DHT HOLDINGS INC | DHT | Y2065G121 | $4.4M | 1.19% | 241,696 | SH |
| 25 | HF SINCLAIR CORP Call | DINO | 403949900 | $4.4M | 1.18% | 70,000 | SH |
| 26 | OLIN CORP | OLN | 680665205 | $4.0M | 1.07% | 134,000 | SH |
| 27 | POLARIS INC | PII | 731068102 | $3.7M | 1.01% | 68,785 | SH |
| 28 | RYANAIR HOLDINGS PLC | RYAAY | 783513203 | $3.2M | 0.86% | 54,980 | SH |
| 29 | CAMPING WORLD HLDGS INC | CWH | 13462K109 | $3.1M | 0.84% | 457,270 | SH |
| 30 | BRP INC | DOO | 05577W200 | $2.9M | 0.77% | 40,085 | SH |
| 31 | HARLEY DAVIDSON INC | HOG | 412822108 | $2.8M | 0.77% | 140,600 | SH |
| 32 | PAR PAC HOLDINGS INC | PARR | 69888T207 | $2.8M | 0.75% | 44,750 | SH |
| 33 | OKEANIS ECO TANKERS COR | ECO | Y64177101 | $2.8M | 0.75% | 55,100 | SH |
| 34 | VANECK ETF TRUST Call | GENZ | 92189F906 | $2.8M | 0.74% | 30,000 | SH |
| 35 | FUTUREFUEL CORP Call | — | 36116M906 | $2.7M | 0.73% | 700,000 | SH |
| 36 | KOSMOS ENERGY LTD | KOS | 500688106 | $2.6M | 0.69% | 927,209 | SH |
| 37 | OSISKO DEVELOPMENT CORP | ODV | 68828E809 | $2.6M | 0.69% | 790,000 | SH |
| 38 | CHENIERE ENERGY INC | LNG | 16411R208 | $2.3M | 0.62% | 8,100 | SH |
| 39 | DELEK US HLDGS INC NEW Call | DK | 24665A903 | $2.3M | 0.61% | 50,000 | SH |
| 40 | NORDIC AMERICAN TANKERS LIMI | NAT | G65773106 | $2.0M | 0.53% | 338,900 | SH |
| 41 | NVIDIA CORPORATION | NVDA | 67066G104 | $1.4M | 0.38% | 8,140 | SH |
| 42 | HUT 8 CORP | HUT | 44812J104 | $1.4M | 0.37% | 29,575 | SH |
| 43 | SOLARIS RES INC | SLSR | 83419D201 | $1.3M | 0.36% | 154,632 | SH |
| 44 | RANGER ENERGY SVCS INC | RNGR | 75282U104 | $1.3M | 0.34% | 73,881 | SH |
| 45 | B2GOLD CORP Call | BTG | 11777Q909 | $1.1M | 0.30% | 250,100 | SH |
| 46 | ALASKA AIR GROUP INC | ALK | 011659109 | $1.0M | 0.28% | 28,430 | SH |
| 47 | MP MATERIALS CORP Call | MP | 553368901 | $965.2K | 0.26% | 20,000 | SH |
| 48 | EXPRO GROUP HOLDINGS NV | XPRO | N3144W105 | $950.6K | 0.26% | 54,600 | SH |
| 49 | JETBLUE AIRWAYS CORP Call | JBLU | 477143901 | $853.1K | 0.23% | 193,000 | SH |
| 50 | RIOT PLATFORMS INC | RIOT | 767292105 | $834.3K | 0.22% | 67,500 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $371.5M | 57 | 0001420506-26-001081 |
| 2025-12-31 | 2026-02-13 | $471.0M | 65 | 0001420506-26-000336 |
| 2025-09-30 | 2025-11-14 | $506.3M | 76 | 0001420506-25-003334 |