Condire Management, LP — 13F Holdings & Portfolio

CIK 1847739 · latest 13F-HR filed 2026-05-15

Condire Management, LP manages $1.03B 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 CDE (18.04%), IAUX (12.06%), VAL (10.98%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 4, added to 13, and trimmed 2.

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.

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AUM

$1.03B

Long-equity book

Holdings

19

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+1 / −4 / ↑13 / ↓2

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • VALARIS LTD$55.2M +94.5%
  • RAYONIER ADVANCED MATLS INC$32.9M +87.9%
  • CHORD ENERGY CORPORATION$32.3M +68.8%
  • SEADRILL LTD$14.0M +31.5%
  • CENOVUS ENERGY INC$10.6M +56.8%
Show all 13

Top Trims

  • SIBANYE STILLWATER LTD-$10.1M -13.5%
  • NEXMETALS MINING CORP.-$5.1M -37.3%
Show all 2

New Positions

  • COEUR MNG INC$186.6M
Show all 1

Exited Positions

  • NEW GOLD INC CDA$239.0M
  • AGNICO EAGLE MINES LTD$16.1M
  • SPDR SERIES TRUST$12.7M
  • SPDR SERIES TRUST$5.2M
Show all 4
All Holdings

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 COEUR MNG INC CDE 192108504 $186.6M 18.04% 9,942,304 SH
2 I-80 GOLD CORP IAUX 44955L106 $124.8M 12.06% 82,103,559 SH
3 VALARIS LTD VAL G9460G101 $113.6M 10.98% 1,158,651 SH
4 OSISKO DEVELOPMENT CORP ODV 68828E809 $81.4M 7.87% 25,050,980 SH
5 CHORD ENERGY CORPORATION CHRD 674215207 $79.1M 7.65% 556,536 SH
6 RAYONIER ADVANCED MATLS INC RYAM 75508B104 $70.4M 6.80% 6,358,877 SH
7 SIBANYE STILLWATER LTD SBSW 82575P107 $64.6M 6.24% 5,244,469 SH
8 SEADRILL LTD SDRL G7997W102 $58.2M 5.63% 1,279,968 SH
9 B2GOLD CORP BTG 11777Q209 $52.4M 5.07% 11,571,607 SH
10 ENDEAVOUR SILVER CORP EXK 29258Y103 $41.9M 4.05% 4,503,543 SH
11 I-80 GOLD CORP IAUX.WS 44955L155 $41.5M 4.01% 41,541,599 SH
12 CENOVUS ENERGY INC CVE 15135U109 $29.2M 2.82% 1,100,000 SH
13 TIDEWATER INC NEW TDW 88642R109 $23.9M 2.31% 285,900 SH
14 CORE NATURAL RESOURCES INC CNR 218937100 $21.1M 2.04% 201,663 SH
15 CADELER A S CDLR 12738K109 $14.7M 1.42% 624,400 SH
16 ELEMENTAL RTY CORP ELE 28620K106 $12.7M 1.23% 674,415 SH
17 NEXMETALS MINING CORP. NEXM 65346E204 $8.6M 0.83% 3,513,500 SH
18 TSAKOS ENERGY NAVIGATION LTD TEN G9108L173 $7.5M 0.73% 190,977 SH
19 MCEWEN INC. MUX 58039P305 $2.3M 0.22% 113,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-15 $1.03B 19 0001847739-26-000002
2025-12-31 2026-02-17 $958.0M 22 0001847739-26-000001
2025-09-30 2025-11-14 $835.4M 20 0001847739-25-000002