Merewether Investment Management portfolio
Investment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Merewether Investment Management reported a $5.3 bn portfolio of 81 positions to the SEC as of the end of Q2 2026. Its largest positions are DVN, OVV, ETR. During the quarter it opened Devon Energy and Alliant Energy and exited Sempra and NRG Energy.
Sections with a free account
What changed this quarter
92 positions with a change (16 new, 34 added to, 23 trimmed, 19 sold); also, 6 entered through an IPO, 1 exited through an acquisition or merger. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Newly listedMadison Air SolutionsMAIR1.4% of the portfolio
- Newly listedInnioINIO1.3% of the portfolio
It started trading this quarter: it appears in a 13F for the first time. The filing does not say whether the manager already held it before the listing, so it is not counted as a purchase.
- Devon Energy+5.1 ppof portfolioNew— → 5.1%
- Phillips 66+1,075%more sharesIncreased0.3% → 3.1%
- Sempra−2.6 ppof portfolioSold out2.7% → —
- NRG Energy−2.5 ppof portfolioSold out2.5% → —
- Alliant Energy+2.0 ppof portfolioNew— → 2.0%
- Hubbell−2.0 ppof portfolioSold out2.1% → —
- Halliburton+1.7 ppof portfolioNew— → 1.7%
- WESCO International+1.5 ppof portfolioNew— → 1.5%
- Entergy+63%more sharesIncreased2.4% → 3.9%
- Xcel Energy−57%fewer sharesReduced2.4% → 1.0%
- Venture Global−1.2 ppof portfolioSold out1.3% → —
- BP−48%fewer sharesReduced3.2% → 1.3%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Devon EnergyDVN5.1%
- OvintivOVV4.3%
- EntergyETR3.9%
- Vistra OperationsVST3.8%
- Darling IngredientsDAR3.1%
- Phillips 66PSX3.1%
- Williams CompaniesWMB3.1%
- Suncor EnergySU2.9%
- DT MidstreamDTM2.6%
- Targa ResourcesTRGP2.5%
- Centerpoint EnergyCNP2.5%
- Cenovus EnergyCVE2.3%
- nVent ElectricNVT2.2%
- Permian ResourcesPR2.1%
- RalliantRAL2.1%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Energy 47%
- ● Utilities 15%
- ● Industrials 14%
- ● Materials 11%
- ● Information Technology 6%
- ● Consumer Staples 5%
- ● Consumer Discretionary 1%
- ● No sector 1%
How its portfolio changed (8 quarters)
Q2 2026: 81
Q2 2026: 34%
Q2 2026: 30.6%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Jun 30, 2026 (high confidence).
The data, as reported: MEREWETHER INVESTMENT MANAGEMENT, LP (CRD 293711): 7.B private funds: 4 hedge (gross assets $5.9 bn); 5.D assets by client type: pooled vehicles 100% (of $6.9 bn)
The type comes from a rule applied to that data. If it looks wrong, tell us.
Not counted as a concentrated manager: its top 10 positions are under 45%. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
Similar managers by type and size
Same type of filer and a 13F portfolio value between a third and three times this one. It is not a comparison of what they hold.
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