Merewether Investment Management, L.P. 13F annual report
Merewether Investment Management, L.P. is an investment fund managing more than $1.9 trillion ran by Janice Ezell. There are currently 44 companies in Mrs. Ezell’s portfolio. The largest investments include Vistra Corp and Ge Vernova Inc, together worth $292 billion.
$1.9 trillion Assets Under Management (AUM)
As of 7th August 2024, Merewether Investment Management, L.P.’s top holding is 1,917,601 shares of Vistra Corp currently worth over $165 billion and making up 8.7% of the portfolio value.
Relative to the number of outstanding shares of Vistra Corp, Merewether Investment Management, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 743,416 shares of Ge Vernova Inc worth $128 billion.
The third-largest holding is Diamondback Inc worth $120 billion and the next is TC worth $113 billion, with 2,970,600 shares owned.
Currently, Merewether Investment Management, L.P.'s portfolio is worth at least $1.9 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Merewether Investment Management, L.P.
The Merewether Investment Management, L.P. office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Janice Ezell serves as the CFO/CCO at Merewether Investment Management, L.P..
Recent trades
In the most recent 13F filing, Merewether Investment Management, L.P. revealed that it had opened a new position in
Ge Vernova Inc and bought 743,416 shares worth $128 billion.
The investment fund also strengthened its position in Vistra Corp by buying
869,206 additional shares.
This makes their stake in Vistra Corp total 1,917,601 shares worth $165 billion.
Vistra Corp soared 165.3% in the past year.
On the other hand, there are companies that Merewether Investment Management, L.P. is getting rid of from its portfolio.
Merewether Investment Management, L.P. closed its position in Halliburton Co on 14th August 2024.
It sold the previously owned 1,736,317 shares for $68.3 billion.
Janice Ezell also disclosed a decreased stake in Targa Res Corp by 0.2%.
This leaves the value of the investment at $96.3 billion and 747,693 shares.
One of the largest hedge funds
The two most similar investment funds to Merewether Investment Management, L.P. are Rockland Trust Co and Joel Isaacson & Co. They manage $1.9 trillion and $1.89 trillion respectively.
Janice Ezell investment strategy
Merewether Investment Management, L.P.’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Energy — making up 50.1% of
the total portfolio value.
The fund focuses on investments in the United States as
43.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
36% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $43.4 billion.
The complete list of Merewether Investment Management, L.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Vistra Corp |
82.91%
1,917,601
|
$164,875,334,000 | 8.70% |
| Ge Vernova Inc |
Opened
743,416
|
$127,503,278,000 | 6.73% |
| Diamondback Energy Inc |
2,997.02%
597,539
|
$119,621,332,000 | 6.31% |
| TC Energy Corporation |
Opened
2,970,600
|
$112,617,651,000 | 5.94% |
| Cenovus Energy Inc |
28.65%
5,135,798
|
$100,969,789,000 | 5.33% |
| Targa Res Corp |
22.63%
747,693
|
$96,287,905,000 | 5.08% |
| Antero Resources Corp |
738.32%
2,943,948
|
$96,061,023,000 | 5.07% |
| Permian Resources Corp |
Opened
5,900,449
|
$95,292,251,000 | 5.03% |
| TechnipFMC plc |
Opened
3,259,087
|
$85,225,125,000 | 4.50% |
| Shell Plc |
7.82%
1,095,764
|
$79,092,246,000 | 4.17% |
| Flex Ltd |
Opened
2,468,900
|
$72,807,861,000 | 3.84% |
| EQT Corp |
Opened
1,878,100
|
$69,452,138,000 | 3.66% |
| Halliburton Co. |
Closed
1,736,317
|
$68,324,074,000 | |
| Weatherford Intl Plc |
31.70%
549,803
|
$67,323,377,000 | 3.55% |
| Public Svc Enterprise Grp In |
Opened
862,300
|
$63,551,510,000 | 3.35% |
| Conocophillips |
Closed
453,235
|
$53,481,730,000 | |
| Marathon Oil Corporation |
Closed
1,946,935
|
$52,703,530,000 | |
| NextEra Energy Inc |
Closed
589,339
|
$49,268,740,000 | |
| Chevron Corp. |
Opened
293,700
|
$45,940,554,000 | 2.42% |
| Chord Energy Corporation |
Closed
325,311
|
$44,505,798,000 | |
| Schlumberger Ltd. |
16.41%
910,500
|
$42,957,390,000 | 2.27% |
| Suncor Energy, Inc. |
31.75%
1,109,400
|
$42,268,140,000 | 2.23% |
| Solaredge Technologies Inc |
Closed
137,738
|
$39,017,043,000 | |
| Veren Inc. |
Opened
4,660,914
|
$36,681,393,000 | 1.94% |
| Bunge Limited |
Closed
365,375
|
$36,453,464,000 | |
| Tenaris S.A. |
Closed
992,388
|
$34,892,362,000 | |
| Exxon Mobil Corp. |
54.96%
297,643
|
$34,264,662,000 | 1.81% |
| Westlake Corporation |
Opened
223,366
|
$32,347,864,000 | 1.71% |
| Sunnova Energy International Inc |
Closed
1,732,820
|
$31,208,088,000 | |
| Centerpoint Energy Inc. |
Opened
1,006,700
|
$31,187,566,000 | 1.65% |
| Itron Inc. |
Opened
311,171
|
$30,793,482,000 | 1.62% |
| Valero Energy Corp. |
Opened
195,343
|
$30,621,969,000 | 1.62% |
| Marathon Pete Corp |
Opened
156,000
|
$27,062,880,000 | 1.43% |
| Denbury Inc. |
Closed
304,236
|
$26,474,617,000 | |
| Viper Energy Inc |
Opened
700,000
|
$26,271,000,000 | 1.39% |
| Canadian Nat Res Ltd |
46.73%
703,400
|
$25,041,040,000 | 1.32% |
| Array Technologies, Inc. |
Closed
1,029,416
|
$19,898,611,000 | |
| Kirby Corp. |
Opened
157,700
|
$18,881,421,000 | 1.00% |
| DuPont de Nemours Inc |
Closed
259,800
|
$17,830,074,000 | |
| Kinetik Holdings Inc |
Opened
422,800
|
$17,520,832,000 | 0.92% |
| AES Corp. |
391.12%
949,100
|
$16,675,687,000 | 0.88% |
| Chesapeake Energy Corp. |
Closed
174,705
|
$16,486,911,000 | |
| Mastec Inc. |
Closed
167,300
|
$14,275,709,000 | |
| Teck Resources Ltd |
Opened
281,831
|
$13,499,705,000 | 0.71% |
| Phinia Inc |
Opened
342,200
|
$13,468,992,000 | 0.71% |
| Darling Ingredients Inc |
Closed
211,300
|
$13,225,267,000 | |
| Enerplus Corporation |
Closed
678,900
|
$11,973,810,000 | |
| Louisiana Pac Corp |
Opened
123,180
|
$10,141,409,000 | 0.54% |
| Civitas Resources Inc |
Opened
144,000
|
$9,936,000,000 | 0.52% |
| Warrior Met Coal Inc |
Opened
146,400
|
$9,189,528,000 | 0.48% |
| First Solar Inc |
Opened
29,536
|
$6,659,187,000 | 0.35% |
| Energy Transfer L P |
905.36%
6,591,793
|
$6,448,552,000 | 0.34% |
| Expro Group Holdings Nv |
Opened
264,184
|
$6,055,097,000 | 0.32% |
| Teekay Tankers Ltd |
Opened
55,685
|
$3,831,685,000 | 0.20% |
| Cheniere Energy Inc. |
310.00%
16,400
|
$2,867,212,000 | 0.15% |
| Nxp Semiconductors N V |
Opened
4,300
|
$1,157,087,000 | 0.06% |
| NRG Energy Inc. |
Opened
13,083
|
$1,018,642,000 | 0.05% |
| Lithium Amers Corp New |
Opened
320,300
|
$858,404,000 | 0.05% |
| nVent Electric plc |
Opened
10,710
|
$820,493,000 | 0.04% |
| Autoliv Inc. |
Opened
3,700
|
$395,863,000 | 0.02% |
| Clearway Energy, Inc. |
Closed
6,650
|
$211,936,000 | |
| No transactions found | |||
| Showing first 500 out of 61 holdings | |||
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