CoreCommodity Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), CoreCommodity Management, LLC reported 149 stock positions worth $615.1 million. Its top holding was Alps Corecommodity NTRL Res (CCNR) at 57.1% of the portfolio, followed by Agnico Eagle Mines (AEM, 1.2%) and Newmont (NEM, 1.1%). Compared with Q4 2024, it opened 26 new positions, sold out of 4, added to 74 and reduced 47. The biggest buy was Alps Corecommodity NTRL Res (CCNR, shares +20%) and the biggest sale Cal-Maine Foods (CALM, shares −71%).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001301743
- Portfolio Value
- $615.1M (Q1 2025)
- SEC Filing
- 0001405086-25-000141 ↗ filed May 15, 2025
Holdings Value
Holdings 149 stocks · $615.1M
| CCNR Alps Corecommodity NTRL Res | 57.13% | 14,500,125 | $351.4M | Add +19.9% |
| AEM Agnico Eagle Mines Ltd. | 1.22% | 69,281 | $7.5M | Add +104.2% |
| NEM Newmont Corp. | 1.11% | 141,440 | $6.8M | New |
| RGLD Royal Gold Inc. | 0.93% | 34,991 | $5.7M | Add +1841.8% |
| MUR Murphy Oil Corp. | 0.86% | 185,698 | $5.3M | Reduce -19.4% |
| SCCO Southern Copper Corp. | 0.82% | 54,212 | $5.1M | Add +89.4% |
| TECK Teck Resources Ltd.-CLS B | 0.80% | 135,245 | $4.9M | Add +12.1% |
| TSN Tyson Foods Inc. Class A | 0.80% | 76,864 | $4.9M | Reduce -24.9% |
| PPC Pilgrim's Pride Corp. | 0.78% | 88,368 | $4.8M | Reduce -3.8% |
| DQ Daqo New Energy Corp.-ADR | 0.76% | 259,215 | $4.7M | Add +92.2% |
| CTVA Corteva Inc. | 0.71% | 69,701 | $4.4M | Reduce -10.6% |
| COP Conocophillips | 0.69% | 40,295 | $4.2M | Reduce -15.4% |
| LBRT Liberty Energy Inc. | 0.68% | 262,747 | $4.2M | Add +92.3% |
| INGR Ingredion Inc. | 0.67% | 30,680 | $4.1M | Reduce -29.8% |
| EGO Eldorado Gold Corp. | 0.67% | 245,017 | $4.1M | Add +161.7% |
| DE Deere & Co. | 0.67% | 8,738 | $4.1M | Reduce -1.4% |
| DVN Devon Energy Corp. | 0.63% | 103,558 | $3.9M | Reduce -26.0% |
| HBM Hudbay Minerals Inc. | 0.63% | 508,588 | $3.9M | Add +84.1% |
| ADM Archer-Daniels-Midland Co. | 0.59% | 75,415 | $3.6M | Reduce -31.0% |
| VLTO Veralto Corp. | 0.58% | 36,721 | $3.6M | Reduce -7.2% |
| FCX Freeport-McMoran Inc. | 0.57% | 93,084 | $3.5M | Add +68.9% |
| CTRA Coterra Energy Inc. | 0.57% | 120,345 | $3.5M | Reduce -32.0% |
| BG Bunge Ltd. filed as BUNGE GLOBAL ORD | 0.56% | 45,126 | $3.4M | New |
| HP Helmerich & Payne | 0.56% | 131,471 | $3.4M | Add +23.0% |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 0.56% | 218,924 | $3.4M | Add +33.0% |
| HL Hecla Mining Co. | 0.54% | 597,999 | $3.3M | Add +963.0% |
| DAR Darling Ingredients Inc. | 0.54% | 105,344 | $3.3M | Reduce -21.4% |
| CGAU Centerra Gold Inc. | 0.52% | 504,182 | $3.2M | Add +21.7% |
| BTE Baytex Energy Corp. | 0.52% | 1,430,834 | $3.2M | Add +60.3% |
| JKS Jinkosolar Holding Co.-ADR | 0.51% | 167,024 | $3.1M | Add +171.3% |
| CNH CNH Industrial NV | 0.49% | 245,222 | $3.0M | Reduce -45.8% |
| MGY Magnolia Oil & Gas Corp. Class A | 0.48% | 117,508 | $3.0M | Reduce -16.1% |
| CHX Championx Corp. | 0.45% | 93,056 | $2.8M | Add +28.0% |
| PTEN Patterson-Uti Energy Inc. | 0.45% | 337,255 | $2.8M | Add +13.4% |
| WTRG Essential Utilities Inc. | 0.44% | 68,883 | $2.7M | New |
| CHRD Chord Energy Corp. | 0.43% | 23,725 | $2.7M | Add +63.8% |
| FMC FMC Corp. | 0.42% | 61,477 | $2.6M | Reduce -45.1% |
| CENX Century Aluminum Company | 0.42% | 138,622 | $2.6M | Add +76.0% |
| HRL Hormel Foods Corp. | 0.42% | 82,994 | $2.6M | Reduce -63.2% |
| BTG B2GOLD Corp. | 0.42% | 895,988 | $2.6M | Reduce -25.6% |
| EOG EOG Resources Inc. | 0.41% | 19,739 | $2.5M | Reduce -22.8% |
| AA Alcoa Corp. | 0.41% | 81,761 | $2.5M | Reduce -10.9% |
| HAL Halliburton Co. | 0.40% | 97,751 | $2.5M | Add +24.0% |
| HCC Warrior Met Coal Inc. | 0.40% | 51,876 | $2.5M | Add +3.6% |
| VRN Veren Inc. | 0.39% | 365,135 | $2.4M | Add +9.6% |
| RES RPC Inc. | 0.39% | 438,320 | $2.4M | Add +20.9% |
| ARRY Array Technologies Inc. | 0.39% | 493,421 | $2.4M | Add +35.9% |
| CIVI Civitas Resources Inc. | 0.38% | 66,442 | $2.3M | Add +54.5% |
| TDW Tidewater Inc. | 0.37% | 54,456 | $2.3M | Add +168.4% |
| CDE Coeur Mining Inc. | 0.36% | 378,775 | $2.2M | New |
| SM SM Energy Co. | 0.36% | 74,782 | $2.2M | Reduce -28.6% |
| ATI Ati Inc. | 0.34% | 40,521 | $2.1M | Add +62.1% |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 0.34% | 250,494 | $2.1M | Add +93.0% |
| VET Vermilion Energy Inc. | 0.33% | 253,764 | $2.1M | Reduce -30.3% |
| GFI Gold Fields Ltd.-Spons ADR | 0.32% | 89,903 | $2.0M | Add +2.9% |
| CWT California Water Service Grp | 0.31% | 39,757 | $1.9M | Add +12.8% |
| DNOW Dnow Inc. | 0.30% | 108,173 | $1.8M | Add +13.3% |
| NTR Nutrien Ltd. | 0.30% | 37,037 | $1.8M | Reduce -65.8% |
| CALM Cal-Maine Foods Inc. | 0.30% | 20,017 | $1.8M | Reduce -71.3% |
| AWR American States Water Co. filed as AMER STATES WTR CO | 0.29% | 22,982 | $1.8M | New |
| PCH Potlatchdeltic Corp. | 0.28% | 38,590 | $1.7M | Add +16.3% |
| CNQ Canadian Natural Resources | 0.28% | 56,081 | $1.7M | Add +90.0% |
| FSLR First Solar Inc. | 0.27% | 13,329 | $1.7M | Add +83.5% |
| TALO Talos Energy Inc. | 0.27% | 169,778 | $1.7M | Add +535.5% |
| OII Oceaneering Intl Inc. | 0.27% | 75,084 | $1.6M | Add +36.5% |
| WPM Wheaton Precious Metals Corp. | 0.26% | 20,263 | $1.6M | Add +278.5% |
| HTO H2O America filed as SJW GROUP | 0.25% | 28,124 | $1.5M | New |
| SU Suncor Energy Inc. | 0.24% | 38,525 | $1.5M | Add +5.8% |
| NXE Nexgen Energy Ltd. | 0.24% | 329,888 | $1.5M | Add +1836.3% |
| SD Sandridge Energy Inc. | 0.24% | 127,017 | $1.5M | Reduce -29.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.23% | 34,239 | $1.4M | Reduce -35.1% |
| OXY Occidental Petroleum Corp. | 0.23% | 28,770 | $1.4M | Reduce -59.6% |
| EGY Vaalco Energy Inc. | 0.22% | 367,189 | $1.4M | Add +13.0% |
| AMR Alpha Metallurgical Resource | 0.22% | 10,910 | $1.4M | New |
| NBR Nabors Industries Ltd. | 0.22% | 32,500 | $1.4M | Add +12.0% |
| NE Noble Corp. PLC | 0.22% | 56,600 | $1.3M | Reduce -37.0% |
| MOS The Mosaic Co. | 0.22% | 49,390 | $1.3M | Reduce -44.4% |
| MP MP Materials Corp. | 0.21% | 53,857 | $1.3M | Add +47.3% |
| AGCO Agco Corp. | 0.21% | 14,134 | $1.3M | Reduce -23.8% |
| PUMP Propetro Holding Corp. | 0.20% | 169,456 | $1.2M | Reduce -47.8% |
| GPOR Gulfport Energy Corp. | 0.20% | 6,651 | $1.2M | New |
| WTTR Select Water Solutions Inc. | 0.20% | 115,302 | $1.2M | Add +14.3% |
| CRC California Resources Corp. | 0.19% | 27,040 | $1.2M | New |
| AGRO Adecoagro SA | 0.19% | 104,862 | $1.2M | New |
| PAAS Pan American Silver Corp. | 0.19% | 44,819 | $1.2M | Add +243.7% |
| TX Ternium SA-Sponsored ADR | 0.18% | 35,912 | $1.1M | New |
| IMO Imperial Oil Ltd. | 0.17% | 14,549 | $1.1M | Add +43.1% |
| METC Ramaco Resources Inc. Class A | 0.17% | 127,060 | $1.0M | Add +519.4% |
| ARIS WATER SOLUTIONS INC-A | 0.17% | 31,759 | $1.0M | New |
| DOLE Dole PLC | 0.16% | 70,197 | $1.0M | Add +15.3% |
| DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC | 0.16% | 32,730 | $1.0M | Add +14.6% |
| CVE Cenovus Energy Inc. | 0.16% | 72,076 | $1.0M | Reduce -69.9% |
| FLNG Flex LNG Ltd. | 0.16% | 43,132 | $992K | Add +19.1% |
| TWI Titan International Inc. | 0.16% | 117,949 | $990K | New |
| CLB Core Laboratories Inc. | 0.16% | 65,784 | $986K | Add +384.3% |
| ERO Ero Copper Corp. | 0.15% | 78,479 | $951K | Add +61.6% |
| KGS Kodiak Gas Services Inc. | 0.15% | 25,049 | $934K | New |
| WFG West Fraser Timber Co. Ltd. | 0.15% | 11,636 | $895K | Reduce -44.5% |
| GPRK Geopark Ltd. | 0.14% | 105,627 | $853K | Reduce -55.4% |
| PR Permian Resources Corp. Class A | 0.13% | 59,874 | $829K | Add +92.9% |
Portfolio Sells Q4 2024 → Q1 2025
| CALM Cal-Maine Foods Inc. | Reduce -71.3% | 0.30% | −1.11 |
| HRL Hormel Foods Corp. | Reduce -63.2% | 0.42% | −0.96 |
| NTR Nutrien Ltd. | Reduce -65.8% | 0.30% | −0.65 |
| FMC FMC Corp. | Reduce -45.1% | 0.42% | −0.64 |
| CVE Cenovus Energy Inc. | Reduce -69.9% | 0.16% | −0.54 |
| CNH CNH Industrial NV | Reduce -45.8% | 0.49% | −0.51 |
| MUR Murphy Oil Corp. | Reduce -19.4% | 0.86% | −0.50 |
| INGR Ingredion Inc. | Reduce -29.8% | 0.67% | −0.50 |
| ADM Archer-Daniels-Midland Co. | Reduce -31.0% | 0.59% | −0.49 |
| OXY Occidental Petroleum Corp. | Reduce -59.6% | 0.23% | −0.46 |
| SM SM Energy Co. | Reduce -28.6% | 0.36% | −0.43 |
| PUMP Propetro Holding Corp. | Reduce -47.8% | 0.20% | −0.39 |
| TSN Tyson Foods Inc. Class A | Reduce -24.9% | 0.80% | −0.35 |
| DAR Darling Ingredients Inc. | Reduce -21.4% | 0.54% | −0.35 |
| SBS Cia Saneamento Basico DE-ADR | Reduce -79.1% | 0.09% | −0.34 |
| VET Vermilion Energy Inc. | Reduce -30.3% | 0.33% | −0.33 |
| CTRA Coterra Energy Inc. | Reduce -32.0% | 0.57% | −0.32 |
| GPRK Geopark Ltd. | Reduce -55.4% | 0.14% | −0.29 |
| AA Alcoa Corp. | Reduce -10.9% | 0.41% | −0.27 |
| DVN Devon Energy Corp. | Reduce -26.0% | 0.63% | −0.27 |
| COP Conocophillips | Reduce -15.4% | 0.69% | −0.23 |
| BKR Baker Hughes Co. | Reduce -66.6% | 0.09% | −0.22 |
| MOS The Mosaic Co. | Reduce -44.4% | 0.22% | −0.21 |
| WFG West Fraser Timber Co. Ltd. | Reduce -44.5% | 0.15% | −0.21 |
| VLTO Veralto Corp. | Reduce -7.2% | 0.58% | −0.21 |
| EOG EOG Resources Inc. | Reduce -22.8% | 0.41% | −0.20 |
| SD Sandridge Energy Inc. | Reduce -29.9% | 0.24% | −0.18 |
| CF CF Industries Holdings Inc. | Reduce -60.0% | 0.08% | −0.18 |
| VTLE Vital Energy Inc. | Sold out | 0.00% | −0.17 |
| SLB SLB Ltd. | Reduce -35.1% | 0.23% | −0.16 |
| BTG B2GOLD Corp. | Reduce -25.6% | 0.42% | −0.16 |
| MGY Magnolia Oil & Gas Corp. Class A | Reduce -16.1% | 0.48% | −0.16 |
| CTVA Corteva Inc. | Reduce -10.6% | 0.71% | −0.15 |
| HPK Highpeak Energy Inc. | Reduce -76.9% | 0.03% | −0.14 |
| AGCO Agco Corp. | Reduce -23.8% | 0.21% | −0.13 |
| BYND Beyond Meat Inc. | Sold out | 0.00% | −0.13 |
| NE Noble Corp. PLC | Reduce -37.0% | 0.22% | −0.11 |
| AR Antero Resources Corp. | Sold out | 0.00% | −0.10 |
| CMP Compass Minerals Internation | Reduce -31.1% | 0.07% | −0.08 |
| CRGY Crescent Energy Inc. Class A | Reduce -40.8% | 0.04% | −0.07 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -69.9% | 0.03% | −0.07 |
| SHLS Shoals Technologies Group -A | Reduce -59.6% | 0.02% | −0.07 |
| DE Deere & Co. | Reduce -1.4% | 0.67% | −0.07 |
| MTDR Matador Resources Co. | Sold out | 0.00% | −0.05 |
| PPC Pilgrim's Pride Corp. | Reduce -3.8% | 0.78% | −0.03 |
| CNX CNX Resources Corp. | Reduce -17.8% | 0.04% | −0.03 |
| FLNC Fluence Energy Inc. | Reduce -0.7% | 0.01% | −0.02 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -12.1% | 0.05% | −0.02 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -13.1% | 0.04% | −0.02 |
| VALE Vale SA-SP ADR | Reduce -22.8% | 0.03% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| CCNR Alps Corecommodity NTRL Res | Add +19.9% | 57.13% | +2.39 |
| NEM Newmont Corp. | New | 1.11% | +1.11 |
| RGLD Royal Gold Inc. | Add +1841.8% | 0.93% | +0.88 |
| AEM Agnico Eagle Mines Ltd. | Add +104.2% | 1.22% | +0.70 |
| BG Bunge Ltd. | New | 0.56% | +0.56 |
| HL Hecla Mining Co. | Add +963.0% | 0.54% | +0.49 |
| WTRG Essential Utilities Inc. | New | 0.44% | +0.44 |
| EGO Eldorado Gold Corp. | Add +161.7% | 0.67% | +0.40 |
| CDE Coeur Mining Inc. | New | 0.36% | +0.36 |
| SCCO Southern Copper Corp. | Add +89.4% | 0.82% | +0.31 |
| AWR American States Water Co. | New | 0.29% | +0.29 |
| DQ Daqo New Energy Corp.-ADR | Add +92.2% | 0.76% | +0.25 |
| HTO H2O America | New | 0.25% | +0.25 |
| AMR Alpha Metallurgical Resource | New | 0.22% | +0.22 |
| NXE Nexgen Energy Ltd. | Add +1836.3% | 0.24% | +0.22 |
| TALO Talos Energy Inc. | Add +535.5% | 0.27% | +0.22 |
| JKS Jinkosolar Holding Co.-ADR | Add +171.3% | 0.51% | +0.21 |
| GPOR Gulfport Energy Corp. | New | 0.20% | +0.20 |
| WPM Wheaton Precious Metals Corp. | Add +278.5% | 0.26% | +0.20 |
| CRC California Resources Corp. | New | 0.19% | +0.19 |
| HBM Hudbay Minerals Inc. | Add +84.1% | 0.63% | +0.19 |
| AGRO Adecoagro SA | New | 0.19% | +0.19 |
| BVN Cia DE Minas Buenaventur-ADR | Add +33.0% | 0.56% | +0.19 |
| TX Ternium SA-Sponsored ADR | New | 0.18% | +0.18 |
| ARIS WATER SOLUTIONS INC-A | New | 0.17% | +0.17 |
| FCX Freeport-McMoran Inc. | Add +68.9% | 0.57% | +0.16 |
| TWI Titan International Inc. | New | 0.16% | +0.16 |
| TDW Tidewater Inc. | Add +168.4% | 0.37% | +0.16 |
| KGS Kodiak Gas Services Inc. | New | 0.15% | +0.15 |
| LBRT Liberty Energy Inc. | Add +92.3% | 0.68% | +0.15 |
| CENX Century Aluminum Company | Add +76.0% | 0.42% | +0.14 |
| PAAS Pan American Silver Corp. | Add +243.7% | 0.19% | +0.14 |
| METC Ramaco Resources Inc. Class A | Add +519.4% | 0.17% | +0.13 |
| CLB Core Laboratories Inc. | Add +384.3% | 0.16% | +0.11 |
| EOSE Eos Energy Enterprises Inc. | New | 0.11% | +0.11 |
| PDS Precision Drilling Corp. | New | 0.11% | +0.11 |
| CHRD Chord Energy Corp. | Add +63.8% | 0.43% | +0.10 |
| CNQ Canadian Natural Resources | Add +90.0% | 0.28% | +0.10 |
| MP MP Materials Corp. | Add +47.3% | 0.21% | +0.10 |
| HOS Hornbeck Offshore Services I | Add +93.0% | 0.34% | +0.10 |
| B Barrick Gold Corp. | Add +286.8% | 0.13% | +0.10 |
| NOG Northern Oil and Gas Inc. | New | 0.10% | +0.10 |
| GFI Gold Fields Ltd.-Spons ADR | Add +2.9% | 0.32% | +0.10 |
| STLD Steel Dynamics Inc. | New | 0.08% | +0.08 |
| ATI Ati Inc. | Add +62.1% | 0.34% | +0.07 |
| GEVO Gevo Inc. | New | 0.07% | +0.07 |
| REX Rex American Resources Corp. | New | 0.07% | +0.07 |
| BSM Black Stone Minerals LP | Add +159.7% | 0.13% | +0.07 |
| BTE Baytex Energy Corp. | Add +60.3% | 0.52% | +0.07 |
| CHX Championx Corp. | Add +28.0% | 0.45% | +0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 124 | $501.7M | CCNR, CNH, CTVA, NTR, FSLR |
| Q1 2026 | 119 | $537.9M | CCNR, NTR, SM, MUR, CHRD |
| Q4 2025 | 117 | $476.5M | CCNR, HBM, AA, LBRT, MUR |
| Q3 2025 | 127 | $551.0M | CCNR, HBM, CNH, MUR, SHLS |
| Q2 2025 | 139 | $607.5M | CCNR, HBM, TECK, MUR, ARRY |
| Q1 2025 | 149 | $615.1M | CCNR, AEM, NEM, RGLD, MUR |
| Q4 2024 | 127 | $512.0M | CCNR, CALM, HRL, MUR, INGR |
| Q3 2024 | 134 | $543.2M | CCNR, CNH, MUR, INGR, DE |
| Q2 2024 | 133 | $258.2M | DAR, INGR, MUR, AEM, BG |
| Q1 2024 | 164 | $280.7M | INGR, DAR, CNH, DE, ADM |