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Asset Manager ← All Institutions

Mercuria Capital Strategies, LLC

20 E. GREENWAY PLAZA, STE. 650, HOUSTON, TX 77046 • 832.369.2800

Q4 2025 · Filed 2026-02-17
Market Value
$181M
+138.5%
Holdings
27
+10
New Purchases
17
Added To
0
Closed
7
Reduced
3
Top 10 Concentration
94.1%
Turnover
88.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TNK 36.24% 0.00% +36.24% $66M
TK 36.24% 0.00% +36.24% $66M
ANSC 3.09% 0.00% +3.09% $6M
TVA 2.94% 0.00% +2.94% $5M
VMC 2.77% 0.00% +2.77% $5M
TACO 1.52% 0.00% +1.52% $3M
CORZ 1.50% 0.00% +1.50% $3M
CX 1.45% 0.00% +1.45% $3M
VACI-UN 1.39% 0.00% +1.39% $3M
SBXE-UN 1.39% 0.00% +1.39% $3M
ACA 1.36% 0.00% +1.36% $2M
GIW 0.70% 0.00% +0.70% $1M
CAEP 0.05% 0.00% +0.05% $98K
CEPF 0.05% 0.00% +0.05% $98K
CCIX 0.05% 0.00% +0.05% $93K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPY 0.00% 33.35% -33.35% $0
DK 0.00% 11.53% -11.53% $0
CMI 0.00% 9.03% -9.03% $0
GNRC 0.00% 9.03% -9.03% $0
EQT 5.40% 13.57% -8.17% $10M
CAT 2.98% 9.11% -6.13% $5M
PSIX 0.00% 6.02% -6.02% $0
SEI 0.81% 4.48% -3.66% $1M
SHLS 0.00% 2.93% -2.93% $0
FTEK 0.00% 0.95% -0.95% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Energy 59.8%
Financial Services 24.7%
Basic Materials 15.2%
Industrials 0.3%
Technology 0.0%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 2 $5M 3.0%
Large Cap 5 $17M 9.6%
Mid Cap 5 $72M 39.9%
Small Cap 11 $80M 44.0%
Micro Cap 4 $6M 3.5%

Portfolio Analytics

Avg Market Cap
$51.8B
Median Market Cap
$1.2B
Avg P/E
42.6
Median P/E
36.8
Avg Dividend Yield
0.01%
Avg Beta
0.86
# Stocks
26
# ETFs / Funds
1

Top Holdings (27 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 TK 36.24% 1,228,294 $66M $53.42 +1,228,294 NEW
2 TNK 36.24% 1,228,294 $66M $53.42 +1,228,294 NEW
3 EQT 5.40% 182,465 $10M $53.60 -$520K -6,779 -3.6%
4 ANSC 3.09% 500,000 $6M $11.19 +500,000 NEW
5 CAT 2.98% 9,410 $5M $572.87 -$2M -5,080 -35.1%
6 TVA 2.94% 500,000 $5M $10.65 +500,000 NEW
7 VMC 2.77% 17,591 $5M $285.22 +17,591 NEW
8 TACO 1.52% 270,908 $3M $10.14 +270,908 NEW
9 CORZ 1.50% 186,643 $3M $14.56 +186,643 NEW
10 CX 1.45% 228,102 $3M $11.49 +228,102 NEW
11 VACI-UN 1.39% 250,000 $3M $10.07 +250,000 NEW
12 SBXE-UN 1.39% 250,000 $3M $10.06 +250,000 NEW
13 ACA 1.36% 23,192 $2M $106.32 +23,192 NEW
14 SEI 0.81% 32,038 $1M $45.97 -$2M -52,968 -62.3%
15 GIW 0.70% 125,000 $1M $10.18 +125,000 NEW
16 CAEP 0.05% 9,597 $98K $10.20 +9,597 NEW
17 CEPF 0.05% 9,503 $98K $10.28 +9,503 NEW
18 CCIX 0.05% 8,762 $93K $10.63 +8,762 NEW
19 DSX 0.05% 52,770 $88K $1.66 +52,770 NEW
20 CCXIU 0.01% 1,000 $10K $10.21 +1,000 NEW
21 DK —% -$9M -271,290 -100.0% SOLD
22 SPY —% -$25M -38,000 -100.0% SOLD
23 FTEK —% -$720K -240,000 -100.0% SOLD
24 CMI —% -$7M -16,230 -100.0% SOLD
25 SHLS —% -$2M -300,000 -100.0% SOLD
26 PSIX —% -$5M -46,490 -100.0% SOLD
27 GNRC —% -$7M -40,934 -100.0% SOLD

New Positions

SymbolValue% Port
TNK $66M 36.24%
TK $66M 36.24%
ANSC $6M 3.09%
TVA $5M 2.94%
VMC $5M 2.77%
TACO $3M 1.52%
CORZ $3M 1.50%
CX $3M 1.45%
VACI-UN $3M 1.39%
SBXE-UN $3M 1.39%
ACA $2M 1.36%
GIW $1M 0.70%
CAEP $98K 0.05%
CEPF $98K 0.05%
CCIX $93K 0.05%

Sold Out Positions

SymbolValue% Port
DK —%
CMI —%
GNRC —%
FTEK —%
SHLS —%
SPY —%
PSIX —%
View SEC EDGAR Filings for Mercuria Capital Strategies, LLC →

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