Q2 2026 13F · SEC CIK 1847739
Condire Management, LP
Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $854.9M
- Reported positions
- 20
- Top holdings a year, 3 yrs
- +22.6%
- Assets under management
- $1.9B
Condire Management, LP is a hedge fund that reported 20 positions worth $854.9M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Coeur Mng Inc (CDE, 19.0%), I-80 Gold Corp (IAUX, 13.8%), Valaris Ltd (VAL, 9.1%). A portfolio copying its top holdings returned 22.6% a year over the last 3 years, against 22.3% for the S&P 500.
Condire Management, LP holdings all 20 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| CDECoeur Mng Inc | 19.0% | +0.0% | $162.3M |
| IAUXI-80 Gold Corp | 13.8% | +0.0% | $118.2M |
| VALValaris Ltd | 9.1% | -7.9% | $77.5M |
| 68828E809Osisko Development Corp | 7.2% | +0.0% | $61.6M |
| CHRDChord Energy Corporation | 6.6% | -10.8% | $56.8M |
| RYAMRayonier Advanced Matls Inc | 5.8% | +0.0% | $50.0M |
| SDRLSeadrill Ltd | 5.7% | +0.0% | $48.4M |
| SBSWSibanye Stillwater Ltd | 5.2% | +0.0% | $44.5M |
| BTGB2gold Corp | 5.1% | +0.0% | $43.3M |
| EXKEndeavour Silver Corp | 4.4% | +0.0% | $37.3M |
| AAUCAllied Gold Corp | 3.9% | — | $33.0M |
| 44955L155I-80 Gold Corp | 3.8% | +0.1% | $32.4M |
| TDWTidewater Inc New | 2.2% | +0.0% | $19.0M |
| CNRCore Nat Res Inc | 1.9% | +0.0% | $16.1M |
| CVECenovus Energy Inc | 1.7% | -45.5% | $14.9M |
| CDLRCadeler A S | 1.4% | -13.5% | $11.8M |
| ELEElemental Rty Corporation Com New (canad | 1.3% | -4.9% | $11.2M |
| NEXMNexmetals Mining Corp. | 1.0% | +0.0% | $8.3M |
| TENTsakos Energy Navigation Ltd | 0.7% | -8.4% | $6.2M |
| MUXMcewen Inc | 0.2% | +0.0% | $2.0M |
What Condire Management, LP bought and sold in Q2 2026, against Q1 2026.
New positions
- AAUC Allied Gold Corp3.9% of 13F
Added to
No position grew by more than 5%.
Reduced
- CVE Cenovus Energy Inc-45.5% shares
- CDLR Cadeler A S-13.5% shares
- CHRD Chord Energy Corporation-10.8% shares
- TEN Tsakos Energy Navigation Ltd-8.4% shares
- VAL Valaris Ltd-7.9% shares
Sold out
Nothing sold out.
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +18.1% /yr
- S&P 500 +11.7%
- 3 years
- +22.6% /yr
- S&P 500 +22.3%
- 5 years
- +15.3% /yr
- S&P 500 +10.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $854.9M | 20 |
| Q1 2026 | $1.0B | 19 |
| Q4 2025 | $958.0M | 22 |
| Q3 2025 | $835.4M | 20 |
| Q2 2025 | $694.3M | 27 |
| Q1 2025 | $668.8M | 22 |
| Q4 2024 | $690.6M | 20 |
| Q3 2024 | $795.5M | 17 |
| Q2 2024 | $740.4M | 16 |
| Q1 2024 | $740.5M | 19 |
| Q4 2023 | $652.0M | 18 |
| Q3 2023 | $588.1M | 14 |
Questions about Condire Management, LP's portfolio
What stocks does Condire Management, LP own?
Condire Management, LP's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 20 positions worth $854.9M. The largest are Coeur Mng Inc (CDE) at 19.0%, I-80 Gold Corp (IAUX) at 13.8%, Valaris Ltd (VAL) at 9.1%, Osisko Development Corp at 7.2% and Chord Energy Corporation (CHRD) at 6.6%.
What did Condire Management, LP buy last quarter?
In Q2 2026, Condire Management, LP added a new position in Allied Gold Corp (AAUC), compared with its Q1 2026 filing.
What did Condire Management, LP sell last quarter?
In Q2 2026, Condire Management, LP Cenovus Energy Inc (CVE) (-45.5% shares), Cadeler A S (CDLR) (-13.5% shares) and Chord Energy Corporation (CHRD) (-10.8% shares), compared with its Q1 2026 filing.
How has Condire Management, LP's portfolio performed?
A portfolio copying Condire Management, LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +22.6% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: +18.1% against +11.7%. Over 5 years: +15.3% a year against +10.6%.
When is Condire Management, LP's next 13F filing due?
13F filings are due 45 days after each quarter ends. Condire Management, LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Condire Management, LP manage?
Condire Management, LP reported $1.9B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $854.9M.