Managers / Q4 2020 · view latest →
LSP Investment Advisors, LLC
CIK 0001728850 · 250 WEST 55TH STREET, 31ST FL, NEW YORK, NY, 10019 · 2126153546
Summary
Lsp Investment Advisors, LLC reported $227M in U.S.-listed holdings across 8 positions for Q4 2020.
The portfolio is heavily concentrated: EQT alone accounts for 25.1% of reported value.
Compared with Q3 2020, the fund opened 0 new positions and exited 6.
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 · 93.4% · $212M
- ADR · 6.6% · $15M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CXOEURCONCHO RES INC | SOLD OUT | −1.67M | 0 | −$74M | $0 |
| FEFIRSTENERGY CORP | SOLD OUT | −1.39M | 0 | −$40M | $0 |
| BONANZA CREEK ENERGY INC | SOLD OUT | −576.0K | 0 | −$11M | $0 |
| TSTENARIS S A | SOLD OUT | −930.8K | 0 | −$9M | $0 |
| FANGDIAMONDBACK ENERGY INC | SOLD OUT | −129.4K | 0 | −$4M | $0 |
| GPOR1EURGULFPORT ENERGY CORP | SOLD OUT | −2.67M | 0 | −$1M | $0 |
| TOTAL SE | TRIMMED | −810.6K | 359.7K | −$25M | $15M |
| CTRACABOT OIL & GAS CORP | ADDED | +885.8K | 2.43M | +$13M | $39M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | EQTEQT CORPhistory → | COM | 25.13% | $57M | 4.49M |
| 2 | PXDEURPIONEER NAT RES COhistory → | COM | 17.51% | $40M | 349.4K |
| 3 | CTRACABOT OIL & GAS CORPhistory → | COM | 17.38% | $39M | 2.43M |
| 4 | WMBWILLIAMS COS INChistory → | COM | 10.90% | $25M | 1.24M |
| 5 | PEOEXELON CORPhistory → | COM | 8.36% | $19M | 450.1K |
| 6 | GDP1USDGOODRICH PETE CORPhistory → | COM PAR | 8.16% | $19M | 1.84M |
| 7 | TOTAL SE | SPONSORED ADS | 6.63% | $15M | 359.7K |
| 8 | BATLBATTALION OIL CORPhistory → | COM | 5.92% | $13M | 1.62M |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $138M | 19 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $188M | 21 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $166M | 22 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $139M | 20 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $116M | 21 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $143M | 21 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $186M | 26 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $176M | 27 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $186M | 26 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $211M | 26 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $203M | 23 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $178M | 23 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $178M | 24 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $227M | 27 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $236M | 30 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $253M | 32 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $329M | 31 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $234M | 29 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $249M | 26 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $152M | 8 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $130M | 8 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $227M | 8 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $371M | 15 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $297M | 12 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $174M | 16 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $415M | 11 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $391M | 11 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $723M | 25 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $429M | 23 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $377M | 23 | Feb 14, 2019 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- Gen IV Investment Opportunities, LLC028-17897
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 ↗.