HOURGLASS CAPITAL, LLC

Q4 2025 13F-HR Holdings

Location
Houston, TX
Holdings as of
12/31/2025
Date filed
1/14/2026
Form type
13F-HR
Num holdings
114
Total value ($000)
$463,680
Net value change ($000)
+18,321 (4.1%)
New positions
10
Sold out positions
2
Turnover %
1.6%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/10/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 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)
IRM 3,189 92.4%
GOOGL 2,711 21.9%
KEX 2,119 34.4%
NEM 1,939 14.3%
C 1,696 14.3%
GM 1,552 30.6%
CMCSA 1,524 80.7%
UNP 1,516 NEW
FCX 1,513 23.8%
CNR 1,321 13.5%
Top Reduces (Value $000, Stocks/ETFs)
ORCL -3,665 -27.6%
MAN -2,789 -100.0%
LYB -1,629 -27.0%
KHC -1,348 -21.8%
HD -1,181 -14.5%
PFE -1,079 -9.0%
ABBV -1,036 -10.4%
ZBH -868 -11.0%
HPQ -868 -13.6%
SJM -749 -13.4%
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.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type