SEC 13F Intelligence

Managers / Q3 2024 · view latest →

USCF Advisers LLC

CIK 0001633971 · 1850 MT. DIABLO BLVD., SUITE 640, WALNUT CREEK, CA, 94596 · 510-522-9600

Reported Value
$1M
Q3 2024
Positions
22
Filings on Record
13
2019–present window
Filed
Nov 1, 2024
original filing

Summary

Uscf Advisers LLC reported $1M in U.S.-listed holdings across 22 positions for Q3 2024.

The portfolio is heavily concentrated: ZSB alone accounts for 69.5% of reported value.

The book was largely unchanged from Q2 2024.

Portfolio Metrics

Turnover
+2.6%
vs prior filed quarter
Top-10 Concentration
+91.3%
share of reported value
Largest Position
+69.5%
Uscf Sust Battery Metal Fund

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

13F Reported Value
Q1 ’23: $66,443Q1 ’23Q2 ’23: $70,277Q3 ’23: $231,877Q3 ’23Q4 ’23: $397,961Q1 ’24: $1MQ1 ’24Q2 ’24: $997,078Q3 ’24: $1MQ3 ’24Q4 ’24: $994,940Q1 ’25: $1MQ1 ’25Q2 ’25: $1MQ3 ’25: $995,950Q3 ’25Q4 ’25: $526,321Q1 ’26: $176,928Q1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 69.5%Common Stock: 21.5%Other: 4.8%ADR: 4.3%
  • ETP · 69.5% · $706,365
  • Common Stock · 21.5% · $218,482
  • Other · 4.8% · $48,428
  • ADR · 4.3% · $43,472

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ZSBUSCF SUST BATTERY METAL FUNDHELD+049.5K$16,830$706,365
RUNSUNRUN INCHELD+02.3K+$14,260$41,538
FSLRFIRST SOLAR INCHELD+0200+$4,796$49,888
ARRYARRAY TECHNOLOGIES INCHELD+01.3K$4,758$8,580
DQDAQO NEW ENERGY CORP-ADRHELD+0600+$3,462$12,222
MPMP MATERIALS CORPHELD+0700+$3,444$12,355
GRAFTECH INTERNATIONAL LTDHELD+09.6K+$3,360$12,672
JKSJINKOSOLAR HOLDING CO-ADRHELD+0500+$3,050$13,410

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2024

22 positions
#IssuerClass% PortfolioValueShares
1ZSBUSCF SUST BATTERY METAL FUNDhistory →Common69.47%$706,36549.5K
2FSLRFIRST SOLAR INChistory →Common4.91%$49,888200
3RUNSUNRUN INChistory →Common4.09%$41,5382.3K
4CSIQCANADIAN SOLAR INChistory →Common2.47%$25,1401.5K
5BROOKFIELD RENEWABLE COR-AADR2.25%$22,862700
6ALBALBEMARLE CORPhistory →Common1.86%$18,942200
7NEENEXTERA ENERGY INChistory →Common1.66%$16,906200
8SQMQUIMICA Y MINERA CHIL-SP ADRhistory →ADR1.64%$16,672400
9RENEW ENERGY GLOBAL PLC-ACommon1.61%$16,3542.6K
10JKSJINKOSOLAR HOLDING CO-ADRhistory →ADR1.32%$13,410500
11GRAFTECH INTERNATIONAL LTDCommon1.25%$12,6729.6K
12MPMP MATERIALS CORPhistory →Common1.22%$12,355700
13DQDAQO NEW ENERGY CORP-ADRhistory →ADR1.20%$12,222600
14ENPHENPHASE ENERGY INChistory →Common1.11%$11,302100
15ARCADIUM LITHIUM PLCADR0.88%$8,9123.1K
16ARRYARRAY TECHNOLOGIES INCCommon0.84%$8,5801.3K
17ORAORMAT TECHNOLOGIES INCCommon0.76%$7,694100
18HXLHEXCEL CORPCommon0.61%$6,183100
19FTCIFTC SOLAR INCCommon0.43%$4,3566.4K
20TROXTRONOX HOLDINGS PLCCommon0.29%$2,926200
21VALEVALE SA-SP ADRADR0.11%$1,168100
22MAXEON SOLAR TECHNOLOGIECommon0.03%$3003.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$176,9281May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$526,32120Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$995,95020Oct 30, 202513F-HRchanges · EDGAR ↗
Q2 2025$1M20Jul 23, 202513F-HRchanges · EDGAR ↗
Q1 2025$1M20Apr 28, 202513F-HRchanges · EDGAR ↗
Q4 2024$994,94021Jan 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1M22Nov 1, 202413F-HRchanges · EDGAR ↗
Q2 2024$997,07822Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$1M22Apr 18, 202413F-HRchanges · EDGAR ↗
Q4 2023$397,96121Feb 2, 202413F-HRchanges · EDGAR ↗
Q3 2023$231,87719Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$70,2774Jul 27, 202313F-HRchanges · EDGAR ↗
Q1 2023$66,4434May 8, 202313F-HRchanges · 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 ↗.