CoreCommodity Management, LLC

Name: CoreCommodity Management, LLC 13F holdings, Q2 2025
Creator: CoreCommodity Management, LLC
Published: 2025-08-14

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

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%
ICL Icl Group Ltd.	0.10%	87,581	$603K	Reduce -5.8%
KGS Kodiak Gas Services Inc.	0.10%	17,439	$598K	Reduce -30.4%
MOS The Mosaic Co.	0.10%	15,890	$580K	Reduce -67.8%
AR Antero Resources Corp.	0.09%	13,786	$555K	New
REX Rex American Resources Corp.	0.09%	11,169	$544K	Reduce -5.6%
ATI Ati Inc.	0.09%	6,038	$521K	Reduce -85.1%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC	0.08%	5,599	$515K	Reduce -7.5%
SXC Suncoke Energy Inc.	0.08%	54,134	$465K	Reduce -1.3%
ENPH Enphase Energy Inc.	0.08%	11,653	$462K	Add +44.0%
FANG Diamondback Energy Inc.	0.07%	3,299	$453K	New
BHP BHP Group Ltd.-Spon ADR	0.07%	9,240	$444K	Add +43.5%
XOM Exxon Mobil Corp.	0.07%	4,052	$437K	Reduce -5.3%
METC Ramaco Resources Inc. Class A	0.07%	32,235	$424K	Reduce -74.6%
AGCO Agco Corp.	0.06%	3,821	$394K	Reduce -73.0%
CDE Coeur Mining Inc.	0.06%	42,924	$380K	Reduce -88.7%
CMP Compass Minerals Internation	0.06%	18,595	$374K	Reduce -60.8%
RIO Rio Tinto PLC-Spon ADR	0.06%	5,837	$340K	Add +28.5%
CVX Chevron Corp.	0.06%	2,358	$338K	Reduce -3.5%
MTUS Metallus Inc.	0.05%	21,094	$325K	Reduce -4.5%
OXY Occidental Petroleum Corp.	0.05%	7,544	$317K	Reduce -73.8%
NFG National Fuel Gas Co.	0.05%	3,727	$316K	Reduce -44.9%
RYN Rayonier Inc.	0.05%	14,020	$311K	No change
BKR Baker Hughes Co.	0.05%	8,079	$310K	Reduce -39.1%
GFI Gold Fields Ltd.-Spons ADR	0.05%	12,215	$289K	Reduce -86.4%
EQT Eqt Corp.	0.05%	4,936	$288K	Reduce -1.6%
MP MP Materials Corp.	0.05%	8,606	$286K	Reduce -84.0%
CNX CNX Resources Corp.	0.05%	8,144	$274K	Reduce -4.5%
HES Hess Corp.	0.04%	1,947	$270K	Reduce -3.7%
EGY Vaalco Energy Inc.	0.04%	70,713	$255K	Reduce -80.7%
ALB Albemarle Corp.	0.04%	4,017	$252K	Reduce -1.3%
CSIQ Canadian Solar Inc.	0.04%	20,806	$230K	Reduce -4.4%
APA Apa Corp.	0.04%	12,378	$226K	Reduce -64.8%
VALE Vale SA-SP ADR	0.04%	22,903	$222K	Add +39.0%
CRGY Crescent Energy Inc. Class A	0.03%	22,861	$197K	Reduce -7.2%
CLF Cleveland-Cliffs Inc.	0.03%	20,086	$153K	Reduce -1.1%
PBR Petroleo Brasileiro-Spon ADR	0.02%	12,064	$151K	No change
HPK Highpeak Energy Inc.	0.02%	13,327	$131K	Add +2.1%
FLNC Fluence Energy Inc.	0.01%	10,040	$67K	No change
GGB Gerdau SA -Spon ADR	0.01%	22,644	$66K	No change

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