Mercuria Capital Strategies, LLC — 13F Holdings & Portfolio

CIK 2048079 · latest 13F-HR filed 2026-07-30

Mercuria Capital Strategies, LLC manages $163.1M in 13F-reported U.S. long-equity assets across 23 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SHAZ (39.84%), BCSS (9.74%), FCX (7.50%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 4 new positions, exited 12, added to 1, 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.

Filer Information
Address
20 E. GREENWAY PLAZA, STE. 650
HOUSTON, TX 77046
Phone
(832) 369-2800
Filing Manager
Mercuria Capital Strategies, LLC
HOUSTON, TX
Signatory
Ryan
Head of Equity Compliance
Loading holdings…
AUM

$163.1M

Long-equity book

Holdings

23

Distinct positions

Period

2026-06-30

Filed 2026-07-30

Q/Q Activity

+4 / −12 / ↑1 / ↓2

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • CHURCHILL CAP CORP XI$7.3K +71.8%
Show all 1

Top Trims

  • GUARDIAN METAL RES PLC-$183.7K -16.2%
  • GIGCAPITAL8 CORP-$7.5K -13.3%
Show all 2

New Positions

  • SHARONAI HOLDINGS INC$65.0M
  • FREEPORT MCMORAN INC$12.2M
  • STERLING INFRASTRUCTURE INC$4.3M
  • CLEARWAY ENERGY INC$1.3M
Show all 4

Exited Positions

  • TEEKAY TANKERS LTD$130.4M
  • LYONDELLBASELL INDUSTRIES NV$32.8M
  • VENTURE GLOBAL INC$9.1M
  • PROSHARES TR II$5.2M
  • GLOBAL PARTNERS LP$3.5M
Show all 12
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 SHARONAI HOLDINGS INC SHAZ 778920306 $65.0M 39.84% 767,333 SH
2 BAIN CAP GSS INVT CORP BCSS G0R78B106 $15.9M 9.74% 1,545,878 SH
3 FREEPORT MCMORAN INC FCX 35671D857 $12.2M 7.50% 194,370 SH
4 PALOMA ACQUISITION CORP I PALOU G6881J128 $10.1M 6.18% 1,000,000 SH
5 ALUSSA ENERGY ACQUISIT CORP ALUB G0233J100 $10.0M 6.16% 1,000,000 SH
6 DRUGS MADE IN AMER ACQ II CO DMII G2851K104 $7.5M 4.63% 750,000 SH
7 AGRICULTURE & NAT SOL ACQ CO ANSC G0131Y100 $5.7M 3.50% 500,000 SH
8 INFLECTION PT ACQUISITION CO IPCX G47875102 $5.5M 3.39% 535,000 SH
9 GSR IV ACQUISITION CORP GSRF G4R12K107 $5.1M 3.12% 500,000 SH
10 GIGCAPITAL8 CORP GIW G3864J100 $5.0M 3.09% 500,000 SH
11 STERLING INFRASTRUCTURE INC STRL 859241101 $4.3M 2.64% 5,127 SH
12 TEXAS VENTURES ACQUISITION I TVA G8772L105 $3.7M 2.25% 347,500 SH
13 BERTO ACQUISITION CORP TACO G1051H101 $2.8M 1.74% 270,908 SH
14 VIKING ACQUISITION CORP I VACI G9582G104 $2.6M 1.57% 250,000 SH
15 PYROPHYTE ACQUISITION CORP. PAII G7309T102 $2.5M 1.56% 250,000 SH
16 SILVERBOX CORP V SBXE G8148S107 $2.5M 1.54% 250,000 SH
17 CLEARWAY ENERGY INC CWEN 18539C204 $1.3M 0.78% 37,130 SH
18 GUARDIAN METAL RES PLC GMTL 401382106 $952.5K 0.58% 67,984 SH
19 CANTOR EQUITY PARTNERS IV IN CEPF G1828E100 $98.8K 0.06% 9,503 SH
20 CHURCHILL CAPITAL CORP IX CCIXU G21301109 $95.4K 0.06% 8,762 SH
21 DRUGS MADE IN AMER ACQ II CO DMIIR G2851K112 $60.0K 0.04% 750,000 SH
22 GIGCAPITAL8 CORP GIWWR G3864J118 $48.8K 0.03% 187,500 SH
23 CHURCHILL CAP CORP XI CCXI G2131A108 $17.4K 0.01% 1,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-30 $163.1M 23 0002048079-26-000016
2026-03-31 2026-05-06 $261.6M 31 0002048079-26-000014
2025-12-31 2026-02-17 $176.1M 28 0002048079-26-000005