Condire Management, LP

Q4 2025 13F-HR Holdings

Location
Dallas, TX
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
22
Total value ($000)
$957,967
Net value change ($000)
+122,583 (14.7%)
New positions
4
Sold out positions
2
Turnover %
18.7%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 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)
BTG 50,807 NEW
IAUX 40,625 53.1%
NGD 23,289 10.8%
SBSW 18,928 33.9%
EXK 18,813 80.0%
NEXM 13,738 NEW
XME 12,307 3238.7%
ELE 11,646 NEW
ODV 6,200 8.3%
SDRL 5,619 14.5%
Top Reduces (Value $000, Stocks/ETFs)
SSRM -81,902 -100.0%
INSW -8,975 -100.0%
RYAM -8,437 -18.4%
CHRD -5,931 -11.2%
CDLR -1,286 -10.0%
TDW -806 -5.3%
CVE -77 -0.4%
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.
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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