Managers / Q4 2023 · view latest →
USCF Advisers LLC
CIK 0001633971 · 1850 MT. DIABLO BLVD., SUITE 640, WALNUT CREEK, CA, 94596 · 510-522-9600
Summary
Uscf Advisers LLC reported $397,961 in U.S.-listed holdings across 21 positions for Q4 2023.
Its largest position, RUN, represents 11.3% of the portfolio.
Compared with Q3 2023, the fund opened 3 new positions and exited 1.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 69.2% · $275,561
- Other · 15.7% · $62,296
- ADR · 15.1% · $60,104
Quarter-over-Quarter Changes full breakdown →
vs Q3 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SQMQUIMICA Y MINERA CHIL-SP ADR | NEW | +400 | 400 | +$24,088 | $24,088 |
| GRAFTECH INTERNATIONAL LTD | NEW | +9.6K | 9.6K | +$21,024 | $21,024 |
| VALEVALE SA-SP ADR | NEW | +100 | 100 | +$1,586 | $1,586 |
| MAXEON SOLAR TECHNOLOGIE | ADDED | +2.4K | 3.1K | +$14,114 | $22,227 |
| FTCIFTC SOLAR INC | ADDED | +4.7K | 6.4K | +$2,258 | $4,434 |
| RUNSUNRUN INC | ADDED | +1.3K | 2.3K | +$32,589 | $45,149 |
| FSLRFIRST SOLAR INC | ADDED | +100 | 200 | +$18,297 | $34,456 |
| ALBALBEMARLE CORP | ADDED | +100 | 200 | +$11,892 | $28,896 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2023
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $176,928 | 1 | May 6, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $526,321 | 20 | Feb 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $995,950 | 20 | Oct 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $1M | 20 | Jul 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $1M | 20 | Apr 28, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $994,940 | 21 | Jan 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $1M | 22 | Nov 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $997,078 | 22 | Aug 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $1M | 22 | Apr 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $397,961 | 21 | Feb 2, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $231,877 | 19 | Nov 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $70,277 | 4 | Jul 27, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $66,443 | 4 | May 8, 2023 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- MILLER HOWARD INVESTMENTS INC /NY028-03692
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.