CoreCommodity Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), CoreCommodity Management, LLC reported 139 stock positions worth $607.5 million. Its top holding was Alps Corecommodity NTRL Res (CCNR) at 57.2% of the portfolio, followed by Hudbay Minerals (HBM, 1.5%) and Teck Resources Ltd.-CLS B (TECK, 1.2%). Compared with Q1 2025, it opened 7 new positions, sold out of 17, added to 49 and reduced 79. The biggest buy was Hudbay Minerals (HBM, shares +67%) and the biggest sale Royal Gold (RGLD, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001301743
- Portfolio Value
- $607.5M (Q2 2025)
- SEC Filing
- 0001405086-25-000221 ↗ filed Aug 14, 2025
Holdings Value
Holdings 139 stocks · $607.5M
| CCNR Alps Corecommodity NTRL Res | 57.24% | 13,330,125 | $347.8M | Reduce -8.1% |
| HBM Hudbay Minerals Inc. | 1.49% | 851,598 | $9.0M | Add +67.4% |
| TECK Teck Resources Ltd.-CLS B | 1.19% | 179,627 | $7.3M | Add +32.8% |
| MUR Murphy Oil Corp. | 1.05% | 284,873 | $6.4M | Add +53.4% |
| ARRY Array Technologies Inc. | 0.98% | 1,008,796 | $6.0M | Add +104.5% |
| HL Hecla Mining Co. | 0.89% | 903,253 | $5.4M | Add +51.0% |
| CNH CNH Industrial NV | 0.86% | 165,950 | $5.2M | Reduce -32.3% |
| CTVA Corteva Inc. | 0.85% | 68,920 | $5.1M | Reduce -1.1% |
| JKS Jinkosolar Holding Co.-ADR | 0.84% | 240,775 | $5.1M | Add +44.2% |
| SCCO Southern Copper Corp. | 0.84% | 50,216 | $5.1M | Reduce -7.4% |
| DAR Darling Ingredients Inc. | 0.82% | 131,313 | $5.0M | Add +24.6% |
| AEM Agnico Eagle Mines Ltd. | 0.80% | 40,633 | $4.8M | Reduce -41.4% |
| MTDR Matador Resources Co. | 0.78% | 99,271 | $4.7M | New |
| DVN Devon Energy Corp. | 0.75% | 142,615 | $4.5M | Add +37.7% |
| COP Conocophillips | 0.74% | 49,960 | $4.5M | Add +24.0% |
| AA Alcoa Corp. | 0.69% | 141,491 | $4.2M | Add +73.0% |
| TSN Tyson Foods Inc. Class A | 0.68% | 73,702 | $4.1M | Reduce -4.1% |
| ADM Archer-Daniels-Midland Co. | 0.67% | 77,123 | $4.1M | Add +2.3% |
| DQ Daqo New Energy Corp.-ADR | 0.64% | 257,565 | $3.9M | Reduce -0.6% |
| BTE Baytex Energy Corp. | 0.64% | 2,157,352 | $3.9M | Add +50.8% |
| EOG EOG Resources Inc. | 0.62% | 31,259 | $3.7M | Add +58.4% |
| FSLR First Solar Inc. | 0.61% | 22,417 | $3.7M | Add +68.2% |
| CENX Century Aluminum Company | 0.60% | 203,908 | $3.7M | Add +47.1% |
| NEM Newmont Corp. | 0.60% | 62,931 | $3.7M | Reduce -55.5% |
| WFG West Fraser Timber Co. Ltd. | 0.58% | 48,032 | $3.5M | Add +312.8% |
| PPC Pilgrim's Pride Corp. | 0.57% | 77,298 | $3.5M | Reduce -12.5% |
| CTRA Coterra Energy Inc. | 0.55% | 131,349 | $3.3M | Add +9.1% |
| INGR Ingredion Inc. | 0.53% | 23,958 | $3.2M | Reduce -21.9% |
| SHLS Shoals Technologies Group -A | 0.53% | 755,471 | $3.2M | Add +2196.2% |
| HCC Warrior Met Coal Inc. | 0.50% | 66,552 | $3.1M | Add +28.3% |
| SU Suncor Energy Inc. | 0.50% | 81,360 | $3.0M | Add +111.2% |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 0.50% | 184,217 | $3.0M | Reduce -15.8% |
| CVE Cenovus Energy Inc. | 0.48% | 214,734 | $2.9M | Add +197.9% |
| SM SM Energy Co. | 0.48% | 117,263 | $2.9M | Add +56.8% |
| HP Helmerich & Payne | 0.47% | 190,293 | $2.9M | Add +44.7% |
| CIVI Civitas Resources Inc. | 0.47% | 104,769 | $2.9M | Add +57.7% |
| LBRT Liberty Energy Inc. | 0.47% | 250,979 | $2.9M | Reduce -4.5% |
| TALO Talos Energy Inc. | 0.47% | 339,110 | $2.9M | Add +99.7% |
| PTEN Patterson-Uti Energy Inc. | 0.45% | 460,641 | $2.7M | Add +36.6% |
| PR Permian Resources Corp. Class A | 0.44% | 198,094 | $2.7M | Add +230.8% |
| CRC California Resources Corp. | 0.43% | 57,328 | $2.6M | Add +112.0% |
| PUMP Propetro Holding Corp. | 0.42% | 429,497 | $2.6M | Add +153.5% |
| FMC FMC Corp. | 0.42% | 60,829 | $2.5M | Reduce -1.1% |
| TDW Tidewater Inc. | 0.42% | 54,819 | $2.5M | Add +0.7% |
| MGY Magnolia Oil & Gas Corp. Class A | 0.41% | 111,417 | $2.5M | Reduce -5.2% |
| VET Vermilion Energy Inc. | 0.40% | 331,464 | $2.4M | Add +30.6% |
| CHRD Chord Energy Corp. | 0.39% | 24,203 | $2.3M | Add +2.0% |
| EGO Eldorado Gold Corp. | 0.38% | 113,913 | $2.3M | Reduce -53.5% |
| DE Deere & Co. | 0.37% | 4,460 | $2.3M | Reduce -49.0% |
| CGAU Centerra Gold Inc. | 0.37% | 308,244 | $2.2M | Reduce -38.9% |
| HAL Halliburton Co. | 0.36% | 108,756 | $2.2M | Add +11.3% |
| HRL Hormel Foods Corp. | 0.36% | 73,215 | $2.2M | Reduce -11.8% |
| OII Oceaneering Intl Inc. | 0.33% | 98,051 | $2.0M | Add +30.6% |
| CHX Championx Corp. | 0.33% | 79,732 | $2.0M | Reduce -14.3% |
| CALM Cal-Maine Foods Inc. | 0.30% | 18,267 | $1.8M | Reduce -8.7% |
| STR Sitio Royalties Corp. Class A | 0.29% | 94,279 | $1.7M | New |
| AWR American States Water Co. filed as AMER STATES WTR CO | 0.28% | 22,512 | $1.7M | Reduce -2.0% |
| CNQ Canadian Natural Resources | 0.27% | 52,664 | $1.7M | Reduce -6.1% |
| CWT California Water Service Grp | 0.27% | 35,954 | $1.6M | Reduce -9.6% |
| XPRO Expro Group Holdings NV | 0.27% | 188,927 | $1.6M | Add +147.5% |
| KGC Kinross Gold Corp. | 0.26% | 99,818 | $1.6M | Add +858.5% |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 0.25% | 244,359 | $1.5M | Reduce -2.5% |
| IAG Iamgold Corp. | 0.25% | 202,975 | $1.5M | Add +1723.5% |
| WTTR Select Water Solutions Inc. | 0.24% | 172,018 | $1.5M | Add +49.2% |
| SEI Solaris Energy Infrastructur | 0.24% | 51,483 | $1.5M | New |
| HTO H2O America | 0.24% | 27,508 | $1.4M | Reduce -2.2% |
| DNOW Dnow Inc. | 0.23% | 94,012 | $1.4M | Reduce -13.1% |
| PAAS Pan American Silver Corp. | 0.23% | 48,929 | $1.4M | Add +9.2% |
| ERO Ero Copper Corp. | 0.22% | 78,824 | $1.3M | Add +0.4% |
| AMR Alpha Metallurgical Resource | 0.20% | 10,748 | $1.2M | Reduce -1.5% |
| RES RPC Inc. | 0.19% | 250,099 | $1.2M | Reduce -42.9% |
| EOSE Eos Energy Enterprises Inc. | 0.19% | 230,688 | $1.2M | Add +27.3% |
| NE Noble Corp. PLC | 0.19% | 44,103 | $1.2M | Reduce -22.1% |
| VNOM Viper Energy Inc. | 0.19% | 30,680 | $1.2M | New |
| FCX Freeport-McMoran Inc. | 0.19% | 26,508 | $1.1M | Reduce -71.5% |
| SD Sandridge Energy Inc. | 0.18% | 103,092 | $1.1M | Reduce -18.8% |
| PCH Potlatchdeltic Corp. | 0.18% | 28,563 | $1.1M | Reduce -26.0% |
| VLTO Veralto Corp. | 0.18% | 10,569 | $1.1M | Reduce -71.2% |
| TX Ternium SA-Sponsored ADR | 0.18% | 35,444 | $1.1M | Reduce -1.3% |
| DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC | 0.17% | 32,298 | $1.0M | Reduce -1.3% |
| NOG Northern Oil and Gas Inc. | 0.16% | 34,934 | $990K | Add +73.5% |
| DOLE Dole PLC | 0.16% | 69,261 | $969K | Reduce -1.3% |
| NTR Nutrien Ltd. | 0.16% | 16,502 | $961K | Reduce -55.4% |
| ADECOAGRO S A | 0.16% | 103,476 | $946K | New |
| FLNG Flex LNG Ltd. | 0.15% | 42,534 | $935K | Reduce -1.4% |
| TWI Titan International Inc. | 0.15% | 88,763 | $912K | Reduce -24.7% |
| WTRG Essential Utilities Inc. | 0.15% | 23,996 | $891K | Reduce -65.2% |
| RNW Renew Energy Global PLC-A | 0.14% | 121,391 | $839K | Add +335.6% |
| NXE Nexgen Energy Ltd. | 0.13% | 114,498 | $795K | Reduce -65.3% |
| ARIS WATER SOLUTIONS INC-A | 0.13% | 33,309 | $788K | Add +4.9% |
| EFXT Enerflex Ltd. | 0.13% | 97,615 | $770K | Reduce -1.2% |
| RGLD Royal Gold Inc. | 0.13% | 4,332 | $770K | Reduce -87.6% |
| B Barrick Mining Corp. | 0.13% | 36,740 | $765K | Reduce -13.1% |
| NPKI NPK International Inc. | 0.12% | 88,687 | $755K | Reduce -1.7% |
| CLB Core Laboratories Inc. | 0.12% | 64,902 | $748K | Reduce -1.3% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.11% | 20,120 | $680K | Reduce -41.2% |
| PDS Precision Drilling Corp. | 0.11% | 14,198 | $672K | Reduce -1.3% |
| BTG B2GOLD Corp. | 0.11% | 183,817 | $664K | Reduce -79.5% |
| BSM Black Stone Minerals LP | 0.11% | 49,725 | $650K | Reduce -3.2% |
| NOV Nov Inc. | 0.10% | 48,691 | $605K | Reduce -1.8% |
Portfolio Sells Q1 2025 → Q2 2025
| RGLD Royal Gold Inc. | Reduce -87.6% | 0.13% | −0.80 |
| BG Bunge Ltd. | Sold out | 0.00% | −0.56 |
| NEM Newmont Corp. | Reduce -55.5% | 0.60% | −0.51 |
| AEM Agnico Eagle Mines Ltd. | Reduce -41.4% | 0.80% | −0.43 |
| VLTO Veralto Corp. | Reduce -71.2% | 0.18% | −0.41 |
| VRN Veren Inc. | Sold out | 0.00% | −0.39 |
| FCX Freeport-McMoran Inc. | Reduce -71.5% | 0.19% | −0.38 |
| BTG B2GOLD Corp. | Reduce -79.5% | 0.11% | −0.31 |
| CDE Coeur Mining Inc. | Reduce -88.7% | 0.06% | −0.30 |
| WTRG Essential Utilities Inc. | Reduce -65.2% | 0.15% | −0.30 |
| DE Deere & Co. | Reduce -49.0% | 0.37% | −0.29 |
| EGO Eldorado Gold Corp. | Reduce -53.5% | 0.38% | −0.29 |
| GFI Gold Fields Ltd.-Spons ADR | Reduce -86.4% | 0.05% | −0.28 |
| ATI Ati Inc. | Reduce -85.1% | 0.09% | −0.26 |
| WPM Wheaton Precious Metals Corp. | Sold out | 0.00% | −0.26 |
| NBR Nabors Industries Ltd. | Sold out | 0.00% | −0.22 |
| PPC Pilgrim's Pride Corp. | Reduce -12.5% | 0.57% | −0.21 |
| LBRT Liberty Energy Inc. | Reduce -4.5% | 0.47% | −0.20 |
| GPOR Gulfport Energy Corp. | Sold out | 0.00% | −0.20 |
| RES RPC Inc. | Reduce -42.9% | 0.19% | −0.20 |
| AGRO Adecoagro SA | Sold out | 0.00% | −0.19 |
| EGY Vaalco Energy Inc. | Reduce -80.7% | 0.04% | −0.18 |
| OXY Occidental Petroleum Corp. | Reduce -73.8% | 0.05% | −0.18 |
| IMO Imperial Oil Ltd. | Sold out | 0.00% | −0.17 |
| MP MP Materials Corp. | Reduce -84.0% | 0.05% | −0.17 |
| CGAU Centerra Gold Inc. | Reduce -38.9% | 0.37% | −0.15 |
| AGCO Agco Corp. | Reduce -73.0% | 0.06% | −0.15 |
| NTR Nutrien Ltd. | Reduce -55.4% | 0.16% | −0.14 |
| INGR Ingredion Inc. | Reduce -21.9% | 0.53% | −0.14 |
| GPRK Geopark Ltd. | Sold out | 0.00% | −0.14 |
| CHX Championx Corp. | Reduce -14.3% | 0.33% | −0.12 |
| MOS The Mosaic Co. | Reduce -67.8% | 0.10% | −0.12 |
| SLB SLB Ltd. | Reduce -41.2% | 0.11% | −0.12 |
| DQ Daqo New Energy Corp.-ADR | Reduce -0.6% | 0.64% | −0.12 |
| TSN Tyson Foods Inc. Class A | Reduce -4.1% | 0.68% | −0.12 |
| NXE Nexgen Energy Ltd. | Reduce -65.3% | 0.13% | −0.11 |
| PCH Potlatchdeltic Corp. | Reduce -26.0% | 0.18% | −0.10 |
| METC Ramaco Resources Inc. Class A | Reduce -74.6% | 0.07% | −0.10 |
| FNV Franco-Nevada Corp. | Sold out | 0.00% | −0.10 |
| SBS Cia Saneamento Basico DE-ADR | Sold out | 0.00% | −0.09 |
| HOS Hornbeck Offshore Services I | Reduce -2.5% | 0.25% | −0.09 |
| APA Apa Corp. | Reduce -64.8% | 0.04% | −0.08 |
| STLD Steel Dynamics Inc. | Sold out | 0.00% | −0.08 |
| GEVO Gevo Inc. | Sold out | 0.00% | −0.07 |
| DNOW Dnow Inc. | Reduce -13.1% | 0.23% | −0.07 |
| MGY Magnolia Oil & Gas Corp. Class A | Reduce -5.2% | 0.41% | −0.07 |
| X United States Steel Corp. | Sold out | 0.00% | −0.06 |
| BVN Cia DE Minas Buenaventur-ADR | Reduce -15.8% | 0.50% | −0.06 |
| KGS Kodiak Gas Services Inc. | Reduce -30.4% | 0.10% | −0.05 |
| HRL Hormel Foods Corp. | Reduce -11.8% | 0.36% | −0.05 |
Portfolio Buys Q1 2025 → Q2 2025
| HBM Hudbay Minerals Inc. | Add +67.4% | 1.49% | +0.86 |
| MTDR Matador Resources Co. | New | 0.78% | +0.78 |
| ARRY Array Technologies Inc. | Add +104.5% | 0.98% | +0.59 |
| SHLS Shoals Technologies Group -A | Add +2196.2% | 0.53% | +0.51 |
| WFG West Fraser Timber Co. Ltd. | Add +312.8% | 0.58% | +0.43 |
| TECK Teck Resources Ltd.-CLS B | Add +32.8% | 1.19% | +0.39 |
| HL Hecla Mining Co. | Add +51.0% | 0.89% | +0.35 |
| FSLR First Solar Inc. | Add +68.2% | 0.61% | +0.34 |
| JKS Jinkosolar Holding Co.-ADR | Add +44.2% | 0.84% | +0.33 |
| CVE Cenovus Energy Inc. | Add +197.9% | 0.48% | +0.32 |
| PR Permian Resources Corp. Class A | Add +230.8% | 0.44% | +0.31 |
| STR Sitio Royalties Corp. Class A | New | 0.29% | +0.29 |
| DAR Darling Ingredients Inc. | Add +24.6% | 0.82% | +0.28 |
| AA Alcoa Corp. | Add +73.0% | 0.69% | +0.28 |
| SU Suncor Energy Inc. | Add +111.2% | 0.50% | +0.26 |
| SEI Solaris Energy Infrastructur | New | 0.24% | +0.24 |
| CRC California Resources Corp. | Add +112.0% | 0.43% | +0.24 |
| KGC Kinross Gold Corp. | Add +858.5% | 0.26% | +0.24 |
| IAG Iamgold Corp. | Add +1723.5% | 0.25% | +0.23 |
| PUMP Propetro Holding Corp. | Add +153.5% | 0.42% | +0.22 |
| TALO Talos Energy Inc. | Add +99.7% | 0.47% | +0.20 |
| EOG EOG Resources Inc. | Add +58.4% | 0.62% | +0.20 |
| MUR Murphy Oil Corp. | Add +53.4% | 1.05% | +0.20 |
| VNOM Viper Energy Inc. | New | 0.19% | +0.19 |
| CENX Century Aluminum Company | Add +47.1% | 0.60% | +0.19 |
| ADECOAGRO S A | New | 0.16% | +0.16 |
| XPRO Expro Group Holdings NV | Add +147.5% | 0.27% | +0.14 |
| BTE Baytex Energy Corp. | Add +50.8% | 0.64% | +0.12 |
| DVN Devon Energy Corp. | Add +37.7% | 0.75% | +0.12 |
| SM SM Energy Co. | Add +56.8% | 0.48% | +0.11 |
| RNW Renew Energy Global PLC-A | Add +335.6% | 0.14% | +0.11 |
| HCC Warrior Met Coal Inc. | Add +28.3% | 0.50% | +0.10 |
| CIVI Civitas Resources Inc. | Add +57.7% | 0.47% | +0.10 |
| AR Antero Resources Corp. | New | 0.09% | +0.09 |
| EOSE Eos Energy Enterprises Inc. | Add +27.3% | 0.19% | +0.08 |
| ADM Archer-Daniels-Midland Co. | Add +2.3% | 0.67% | +0.08 |
| FANG Diamondback Energy Inc. | New | 0.07% | +0.07 |
| OII Oceaneering Intl Inc. | Add +30.6% | 0.33% | +0.07 |
| VET Vermilion Energy Inc. | Add +30.6% | 0.40% | +0.06 |
| ERO Ero Copper Corp. | Add +0.4% | 0.22% | +0.06 |
| NOG Northern Oil and Gas Inc. | Add +73.5% | 0.16% | +0.06 |
| COP Conocophillips | Add +24.0% | 0.74% | +0.05 |
| WTTR Select Water Solutions Inc. | Add +49.2% | 0.24% | +0.05 |
| TDW Tidewater Inc. | Add +0.7% | 0.42% | +0.04 |
| PAAS Pan American Silver Corp. | Add +9.2% | 0.23% | +0.04 |
| BHP BHP Group Ltd.-Spon ADR | Add +43.5% | 0.07% | +0.02 |
| RIO Rio Tinto PLC-Spon ADR | Add +28.5% | 0.06% | +0.01 |
| VALE Vale SA-SP ADR | Add +39.0% | 0.04% | +0.01 |
| PTEN Patterson-Uti Energy Inc. | Add +36.6% | 0.45% | −0.00 |
| HPK Highpeak Energy Inc. | Add +2.1% | 0.02% | −0.01 |
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 |