Mountaineer Partners Management, LLC

Q3 2025 13F-HR Holdings

Location
New York, NY
Holdings as of
9/30/2025
Date filed
11/14/2025
Form type
13F-HR
Num holdings
18
Total value ($000)
$171,947
Net value change ($000)
+20,649 (13.6%)
New positions
2
Sold out positions
0
Turnover %
5.2%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
CENX 6,701 52.7%
DHI 4,724 NEW
UEC 4,282 NEW
HBM 2,554 21.4%
ECG 1,463 11.2%
ENTG 1,214 11.9%
CSTM 1,159 10.3%
NXE 1,134 28.9%
ATI 1,098 10.3%
AA 763 8.5%
Top Reduces (Value $000, Stocks/ETFs)
KEX -1,961 -26.4%
SARO -1,268 -13.8%
CRS -1,020 -9.2%
ARDAGH METAL PACKAGING S A -446 -6.8%
VSH -436 -3.7%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type