SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Merewether Investment Management, LP

CIK 0001736852 · 1900 N PEARL ST, SUITE 2175, DALLAS, TX, 75201 · 214.453.5227

Reported Value
$1.7B
Q4 2023
Positions
45
Filings on Record
24
2019–present window
Filed
Feb 14, 2024
original filing

Summary

Merewether Investment Management, LP reported $1.7B in U.S.-listed holdings across 45 positions for Q4 2023.

Its largest position, VST, represents 7.8% of the portfolio.

Compared with Q3 2023, the fund opened 14 new positions and exited 9.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $426MQ4 ’20Q1 ’21: $388MQ2 ’21: $569MQ3 ’21: $711MQ3 ’21Q4 ’21: $943MQ1 ’22: $982MQ2 ’22: $771MQ2 ’22Q3 ’22: $998MQ4 ’22: $1.0BQ1 ’23: $1.1BQ1 ’23Q2 ’23: $1.4BQ3 ’23: $1.7BQ4 ’23: $1.7BQ4 ’23Q1 ’24: $1.9BQ2 ’24: $1.9BQ3 ’24: $2.2BQ3 ’24Q4 ’24: $2.5BQ1 ’25: $2.8BQ2 ’25: $3.5BQ2 ’25Q3 ’25: $4.2BQ4 ’25: $4.3BQ1 ’26: $5.2BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 79.8%Other: 12.6%ADR: 7.7%
  • Common Stock · 79.8% · $1.4B
  • Other · 12.6% · $213M
  • ADR · 7.7% · $130M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SHELSHELL PLCNEW+1.27M1.27M+$84M$84M
CHVCHEVRON CORP NEWNEW+442.7K442.7K+$66M$66M
OKEONEOK INC NEWNEW+672.1K672.1K+$47M$47M
TECK/BTECK RESOURCES LTDNEW+985.8K985.8K+$42M$42M
VLOVALERO ENERGY CORPNEW+267.4K267.4K+$35M$35M
FCXFREEPORT-MCMORAN INCNEW+585.1K585.1K+$25M$25M
CRCCANADIAN NAT RES LTDNEW+333.4K333.4K+$22M$22M
DARDARLING INGREDIENTS INCNEW+435.1K435.1K+$22M$22M

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

Holdings — Q4 2023

45 positions
#IssuerClass% PortfolioValueShares
1VSTVISTRA CORPCOM7.84%$133M3.45M
2TRGPTARGA RES CORPCOM7.37%$125M1.44M
3PSXPHILLIPS 66COM5.92%$100M753.2K
4EXMOCEXXON MOBIL CORPCOM5.49%$93M929.0K
5BKRBAKER HUGHES COMPANYCL A5.26%$89M2.61M
6SHELSHELL PLCSPON ADS4.95%$84M1.27M
7CHRDCHORD ENERGY CORPORATIONCOM NEW4.31%$73M438.6K
8CHVCHEVRON CORP NEWCOM3.90%$66M442.7K
9WEATHERFORD INTL PLCORD SHS3.82%$65M661.7K
10PPGPPG INDS INCCOM3.61%$61M409.3K
11TECHNIPFMC PLCCOM3.30%$56M2.78M
12MRO*MARATHON OIL CORPCOM3.17%$54M2.22M
13FANGDIAMONDBACK ENERGY INCCOM3.16%$54M345.2K
14OKEONEOK INC NEWCOM2.79%$47M672.1K
15DINOHF SINCLAIR CORPCOM2.47%$42M751.3K
16TECK/BTECK RESOURCES LTDCL B2.46%$42M985.8K
17PRPERMIAN RESOURCES CORPCLASS A COM2.44%$41M3.04M
18OVVOVINTIV INCCOM2.39%$40M921.2K
19VLOVALERO ENERGY CORPCOM2.05%$35M267.4K
20EQTEQT CORPCOM1.65%$28M724.5K
21APTIV PLCSHS1.50%$25M284.0K
22FCXFREEPORT-MCMORAN INCCL B1.47%$25M585.1K
23RIORIO TINTO PLCSPONSORED ADR1.47%$25M334.5K
24NVENT ELECTRIC PLCSHS1.40%$24M402.5K
25CRCCANADIAN NAT RES LTDCOM1.29%$22M333.4K
26DARDARLING INGREDIENTS INCCOM1.28%$22M435.1K
27TSTENARIS S ASPONSORED ADS1.28%$22M622.0K
28NXTNEXTRACKER INCCLASS A COM1.27%$22M459.6K
29XIFRNEXTERA ENERGY PARTNERS LPCOM UNIT PART IN1.25%$21M693.9K
30SWN1EURSOUTHWESTERN ENERGY COCOM1.23%$21M3.19M
31ALVAUTOLIV INCCOM1.20%$20M184.8K
32ERFGBPENERPLUS CORPCOM1.12%$19M1.24M
33FSLRFIRST SOLAR INCCOM1.05%$18M103.0K
34SHLSSHOALS TECHNOLOGIES GROUP INCL A0.81%$14M880.6K
35CRESCENT PT ENERGY CORPCOM0.81%$14M1.97M
36FLEX LTDORD0.77%$13M428.0K
37LPXLOUISIANA PAC CORPCOM0.71%$12M169.6K
38SCORPIO TANKERS INCSHS0.69%$12M190.8K
39NUENUCOR CORPCOM0.29%$5M28.1K
40EXPRO GROUP HOLDINGS NVCOM0.25%$4M271.1K
41WCCWESCO INTL INCCOM0.18%$3M17.6K
42LNGCHENIERE ENERGY INCCOM NEW0.12%$2M11.8K
43MTZMASTEC INCCOM0.10%$2M22.3K
44ITRIITRON INCCOM0.10%$2M22.2K
45SUNNOVA ENERGY INTL INC.COM0.01%$157,04510.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5.2B79May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$4.3B77Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$4.2B70Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.5B63Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.8B54May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.5B52Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.2B46Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.9B44Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.9B44May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.7B45Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.7B40Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.4B34Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.1B36May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.0B31Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$998M34Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$771M33Aug 16, 202213F-HRchanges · EDGAR ↗
Q1 2022$982M33May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$943M40Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$711M33Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$569M34Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$388M27May 19, 2021RESTATEMENTchanges · EDGAR ↗
Q4 2020$426M30Feb 16, 202113F-HRchanges · EDGAR ↗

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 ↗.