Goehring & Rozencwajg Associates, Llc
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$1.86B
Q ending 2026-03-31
Prior quarter
$1.01B
Q ending 2025-12-31
Change
+84.4% QoQ · +237.3% YoY
Positions
43
reported holdings
Largest positions
All 43 reported positions, Q ending 2026-03-31. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| Canadian Nat Res Ltd Med Ter | CNQ | Shares | $137.9M | 2.8M |
| Valaris Ltd | Shares | $129.3M | 1.3M | |
| Range Res Corp | RRC | Shares | $123.0M | 2.7M |
| Suncor Energy Inc New | SU | Shares | $121.7M | 1.8M |
| Slb Limited | SLB | Shares | $118.1M | 2.3M |
| Seadrill Ltd | Shares | $111.5M | 2.4M | |
| Cameco Corp | CCJ | Shares | $90.8M | 836K |
| Noble Corp Plc | Shares | $90.3M | 1.8M | |
| Core Natural Resources Inc | CNR | Shares | $74.2M | 708K |
| Eqt Corp | EQT | Shares | $73.8M | 1.2M |
| Antero Resources Corp | AR | Shares | $68.6M | 1.6M |
| Nutrien Ltd | NTR | Shares | $62.1M | 822K |
| Warrior Met Coal Inc | HCC | Shares | $55.7M | 598K |
| Sibanye Stillwater Ltd | SBSW | Shares | $52.6M | 4.3M |
| Alpha Metallurgical Resour I | AMR | Shares | $49.7M | 242K |
| Chord Energy Corporation | CHRD | Shares | $40.3M | 283K |
| Permian Resources Corp | PR | Shares | $38.7M | 1.8M |
| Centrus Energy Corp | LEU | Shares | $35.1M | 202K |
| Alamos Gold Inc | AGI | Shares | $30.5M | 687K |
| Uranium Energy Corp | UEC | Shares | $29.7M | 2.2M |
| Matador Res Co | MTDR | Shares | $28.9M | 458K |
| Energy Fuels Inc | UUUU | Shares | $27.1M | 1.5M |
| Oceaneering Intl Inc | OII | Shares | $25.3M | 714K |
| Ivanhoe Electric Inc | IE | Shares | $25.0M | 2.1M |
| Expand Energy Corporation | EXE | Shares | $24.8M | 226K |
| Mosaic Co | MOS | Shares | $23.5M | 922K |
| Diamondback Energy Inc | FANG | Shares | $22.4M | 113K |
| Nexgen Energy Ltd | NXE | Shares | $21.0M | 1.8M |
| Equinox Gold Corp | EQX | Shares | $18.5M | 1.3M |
| Comstock Res Inc | CRK | Shares | $18.2M | 862K |
| Denison Mines Corp | DNN | Shares | $16.7M | 4.7M |
| Sm Energy Company | SM | Shares | $15.2M | 488K |
| Borr Drilling Ltd | Shares | $12.2M | 2.1M | |
| Intrepid Potash Inc | IPI | Shares | $11.4M | 267K |
| Freeport Mcmoran Inc | FCX | Shares | $7.2M | 123K |
| Ur-Energy Inc | URG | Shares | $6.3M | 4.3M |
| Trilogy Metals Inc New | TMQ | Shares | $6.2M | 1.7M |
| Novagold Resources Inc | NG | Shares | $6.2M | 693K |
| Caledonia Mng Corp | Shares | $3.5M | 153K | |
| Encore Energy Corp | EU | Shares | $2.6M | 1.5M |
| Orla Mng Ltd New | ORLA | Shares | $2.6M | 162K |
| Triple Flag Precious Metal | TFPM | Shares | $2.1M | 60K |
| Tidewater Inc New | TDW | Shares | $327K | 4K |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.