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Asset Manager ← All Institutions

Condire Management, LP

Q3 2025 · Filed 2025-11-14
Market Value
$778M
+17.8%
Holdings
26
-2
New Purchases
0
Added To
4
Closed
8
Reduced
3
Top 10 Concentration
90.2%
Turnover
30.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SSRM 10.52% 3.96% +6.56% $82M
ODV 9.57% 4.07% +5.50% $74M
NGD 27.71% 24.53% +3.18% $216M
IAUX 9.83% 7.25% +2.59% $77M
EXK 3.02% 0.74% +2.28% $24M
RYAM 5.90% 3.70% +2.19% $46M
AEM 2.06% 1.71% +0.35% $16M
SBSW 7.17% 6.98% +0.19% $56M
CVE 2.40% 2.26% +0.14% $19M
MUX 0.25% 0.16% +0.08% $2M
INSW 1.15% 1.08% +0.08% $9M
CNR 2.16% 2.13% +0.03% $17M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
HBM 0.00% 11.68% -11.68% $0
XLB 0.00% 3.02% -3.02% $0
PPTA 0.00% 1.64% -1.64% $0
XME 0.05% 1.55% -1.50% $380K
VTLE 0.00% 1.29% -1.29% $0
CHRD 6.78% 7.79% -1.00% $53M
HL 0.00% 0.91% -0.91% $0
CIVI 0.00% 0.83% -0.83% $0
CDE 0.00% 0.67% -0.67% $0
XLE 0.00% 0.23% -0.23% $0
CDLR 1.66% 1.88% -0.22% $13M
VAL 7.26% 7.38% -0.12% $57M
TDW 1.96% 2.00% -0.04% $15M
TNP 0.55% 0.55% -0.01% $4M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 5 $35M 4.5%
Mid Cap 15 $541M 69.4%
Small Cap 6 $203M 26.1%

Portfolio Analytics

Avg Market Cap
$11.3B
Median Market Cap
$4.6B
Avg P/E
14.3
Median P/E
13.6
Avg Dividend Yield
0.01%
Avg Beta
1.01
# Stocks
23
# ETFs / Funds
3

Top Holdings (26 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NGD 27.71% 30,039,918 $216M $7.18 $54M -2,700,000 -8.2%
2 SSRM 10.52% 3,353,891 $82M $24.42 $56M +1,300,000 +63.3%
3 IAUX 9.83% 80,100,000 $77M $0.96 $29M +100,000 +0.1%
4 ODV 9.57% 21,964,844 $74M $3.39 $48M +9,412,910 +75.0%
5 VAL 7.26% 1,158,651 $57M $48.77 $8M
6 SBSW 7.17% 4,964,929 $56M $11.24 $10M -1,421,810 -22.3%
7 CHRD 6.78% 531,291 $53M $99.37 $1M
8 RYAM 5.90% 6,356,130 $46M $7.22 $21M
9 EXK 3.02% 3,000,000 $24M $7.84 $19M +2,000,000 +200.0%
10 CVE 2.40% 1,100,000 $19M $16.99 $4M
11 CNR 2.16% 201,663 $17M $83.48 $3M
12 AEM 2.06% 95,186 $16M $168.56 $5M
13 TDW 1.96% 285,900 $15M $53.33 $2M
14 CDLR 1.66% 624,400 $13M $20.65 $487K
15 INSW 1.15% 194,763 $9M $46.08 $2M
16 TNP 0.55% 190,977 $4M $22.22 $579K
17 MUX 0.25% 113,000 $2M $17.10 $846K
18 XME 0.05% 4,076 $380K $93.19 -$10M -148,009 -97.3%
19 PPTA —% -$11M -890,459 -100.0% SOLD
20 XLE —% -$2M -18,030 -100.0% SOLD
21 CIVI —% -$6M -200,000 -100.0% SOLD
22 HL —% -$6M -1,000,000 -100.0% SOLD
23 XLB —% -$20M -227,517 -100.0% SOLD
24 CDE —% -$4M -500,000 -100.0% SOLD
25 VTLE —% -$9M -530,981 -100.0% SOLD
26 HBM —% -$77M -7,275,553 -100.0% SOLD

Sold Out Positions

SymbolValue% Port
CDE —%
HBM —%
HL —%
PPTA —%
XLB —%
XLE —%
CIVI —%
VTLE —%
View SEC EDGAR Filings for Condire Management, LP →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms