Goehring & Rozencwajg Associates, LLC — 13F Holdings & Portfolio
CIK 1863154 · latest 13F-HR filed 2026-08-05
Goehring & Rozencwajg Associates, LLC manages $1.74B in 13F-reported U.S. long-equity assets across 41 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are CNQ (6.92%), SLB (6.56%), RRC (6.25%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions, exited 2, added to 6, and trimmed 31.
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.
5TH FL
NEW YORK, NY 10006
$1.74B
Long-equity book
41
Distinct positions
2026-06-30
Filed 2026-08-05
+0 / −2 / ↑6 / ↓31
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ALPHA METALLURGICAL RESOUR I$43.5M +87.5%
- NUTRIEN LTD$29.5M +47.6%
- WARRIOR MET COAL INC$21.5M +38.5%
- CORE NATURAL RESOURCES INC$13.9M +18.8%
- OCEANEERING INTL INC$6.1M +24.1%
Top Trims
- VALARIS LTD-$26.7M -20.7%
- CANADIAN NAT RES LTD MED TER-$17.6M -12.7%
- NOBLE CORP PLC-$16.2M -17.9%
- SUNCOR ENERGY INC NEW-$15.5M -12.8%
- RANGE RES CORP-$14.4M -11.7%
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 | CANADIAN NAT RES LTD MED TER | CNQ | 136385101 | $120.3M | 6.92% | 3,043,255 | SH |
| 2 | SLB LIMITED | SLB | 806857108 | $114.1M | 6.56% | 2,454,873 | SH |
| 3 | RANGE RES CORP | RRC | 75281A109 | $108.6M | 6.25% | 2,920,613 | SH |
| 4 | SUNCOR ENERGY INC NEW | SU | 867224107 | $106.1M | 6.10% | 1,974,700 | SH |
| 5 | VALARIS LTD | VAL | G9460G101 | $102.6M | 5.90% | 1,413,542 | SH |
| 6 | SEADRILL LTD | SDRL | G7997W102 | $99.7M | 5.74% | 2,636,666 | SH |
| 7 | ALPHA METALLURGICAL RESOUR I | AMR | 020764106 | $93.1M | 5.36% | 564,714 | SH |
| 8 | NUTRIEN LTD | NTR | 67077M108 | $91.6M | 5.27% | 1,455,019 | SH |
| 9 | CAMECO CORP | CCJ | 13321L108 | $91.0M | 5.23% | 893,328 | SH |
| 10 | CORE NATURAL RESOURCES INC | CNR | 218937100 | $88.1M | 5.07% | 1,100,977 | SH |
| 11 | WARRIOR MET COAL INC | HCC | 93627C101 | $77.2M | 4.44% | 951,045 | SH |
| 12 | NOBLE CORP PLC | NE | G65431127 | $74.1M | 4.26% | 1,987,601 | SH |
| 13 | EQT CORP | EQT | 26884L109 | $66.0M | 3.79% | 1,240,409 | SH |
| 14 | ANTERO RESOURCES CORP | AR | 03674X106 | $60.9M | 3.50% | 1,731,731 | SH |
| 15 | SIBANYE STILLWATER LTD | SBSW | 82575P107 | $38.9M | 2.24% | 4,580,794 | SH |
| 16 | CENTRUS ENERGY CORP | LEU | 15643U104 | $36.4M | 2.09% | 216,750 | SH |
| 17 | PERMIAN RESOURCES CORP | PR | 71424F105 | $35.2M | 2.03% | 1,914,400 | SH |
| 18 | CHORD ENERGY CORPORATION | CHRD | 674215207 | $35.1M | 2.02% | 306,981 | SH |
| 19 | OCEANEERING INTL INC | OII | 675232102 | $31.4M | 1.81% | 775,476 | SH |
| 20 | URANIUM ENERGY CORP | UEC | 916896103 | $25.1M | 1.45% | 2,357,786 | SH |
| 21 | MOSAIC CO | MOS | 61945C103 | $25.0M | 1.44% | 1,178,956 | SH |
| 22 | MATADOR RES CO | MTDR | 576485205 | $24.0M | 1.38% | 482,216 | SH |
| 23 | ENERGY FUELS INC | UUUU | 292671708 | $23.1M | 1.33% | 1,590,170 | SH |
| 24 | IVANHOE ELECTRIC INC | IE | 46578C108 | $21.8M | 1.25% | 2,267,908 | SH |
| 25 | EXPAND ENERGY CORPORATION | EXE | 165167735 | $21.7M | 1.25% | 237,837 | SH |
| 26 | DIAMONDBACK ENERGY INC | FANG | 25278X109 | $21.0M | 1.21% | 119,576 | SH |
| 27 | NEXGEN ENERGY LTD | NXE | 65340P106 | $18.4M | 1.06% | 1,964,702 | SH |
| 28 | DENISON MINES CORP | DNN | 248356107 | $15.7M | 0.90% | 5,117,155 | SH |
| 29 | COMSTOCK RES INC | CRK | 205768302 | $13.5M | 0.78% | 907,267 | SH |
| 30 | SM ENERGY COMPANY | SM | 78454L100 | $13.4M | 0.77% | 513,406 | SH |
| 31 | INTREPID POTASH INC | IPI | 46121Y201 | $9.8M | 0.56% | 297,866 | SH |
| 32 | BORR DRILLING LTD | BORR | G1466R173 | $9.2M | 0.53% | 2,238,675 | SH |
| 33 | TRILOGY METALS INC NEW | TMQ | 89621C105 | $6.2M | 0.36% | 1,775,530 | SH |
| 34 | UR-ENERGY INC | URG | 91688R108 | $6.0M | 0.34% | 4,384,124 | SH |
| 35 | NOVAGOLD RESOURCES INC | NG | 66987E206 | $4.2M | 0.24% | 710,721 | SH |
| 36 | CALEDONIA MNG CORP | CMCL | G1757E113 | $3.0M | 0.17% | 156,906 | SH |
| 37 | ENCORE ENERGY CORP | EU | 29259W700 | $2.0M | 0.11% | 1,508,483 | SH |
| 38 | TRIPLE FLAG PRECIOUS METAL | TFPM | 89679M104 | $1.8M | 0.11% | 61,584 | SH |
| 39 | ORLA MNG LTD NEW | ORLA | 68634K106 | $1.6M | 0.09% | 165,196 | SH |
| 40 | FREEPORT MCMORAN INC | FCX | 35671D857 | $1.4M | 0.08% | 21,912 | SH |
| 41 | TIDEWATER INC NEW | TDW | 88642R109 | $260.8K | 0.01% | 3,914 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-05 | $1.74B | 41 | 0001863154-26-000004 |
| 2026-03-31 | 2026-05-05 | $1.86B | 43 | 0001863154-26-000003 |
| 2025-12-31 | 2026-02-13 | $1.01B | 43 | 0001863154-26-000002 |