Managers / Q2 2023 · view latest →
THOMIST CAPITAL MANAGEMENT, LP
CIK 0001767809 · 3773 RICHMOND AVE, SUITE 777, HOUSTON, TX, 77046 · 8326782412
Summary
Thomist Capital Management, LP reported $159M in U.S.-listed holdings across 22 positions for Q2 2023.
The portfolio is heavily concentrated: SGML alone accounts for 22.5% of reported value.
Compared with Q1 2023, the fund opened 15 new positions and exited 14.
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 · 77.3% · $123M
- ETP · 18.4% · $29M
- Other · 2.9% · $5M
- ADR · 1.5% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| BTEBAYTEX ENERGY CORP | NEW | +4.90M | 4.90M | +$16M | $16M |
| MPCMARATHON PETE CORP | NEW | +116.0K | 116.0K | +$13M | $13M |
| PBFPBF ENERGY INC | NEW | +238.1K | 238.1K | +$10M | $10M |
| XLESELECT SECTOR SPDR TR | NEW | +80.0K | 80.0K | +$6M | $6M |
| BUNGE LIMITED | NEW | +50.0K | 50.0K | +$5M | $5M |
| CLNECLEAN ENERGY FUELS CORP | NEW | +923.7K | 923.7K | +$5M | $5M |
| UNITED STATES STL CORP NEW | NEW | +150.0K | 150.0K | +$4M | $4M |
| SMSM ENERGY CO | NEW | +119.6K | 119.6K | +$4M | $4M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $371M | 57 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $471M | 65 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $506M | 76 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $269M | 43 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $254M | 38 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $385M | 50 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $510M | 29 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $280M | 37 | Aug 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $243M | 27 | Apr 30, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $226M | 29 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $161M | 25 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $159M | 22 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $169M | 20 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $203M | 29 | Feb 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $134M | 20 | Oct 21, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $143M | 22 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $188M | 20 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $102M | 13 | Feb 11, 2022 | 13F-HR | changes · 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 ↗.