CoreCommodity Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), CoreCommodity Management, LLC reported 117 stock positions worth $476.5 million. Its top holding was Alps Corecommodity NTRL Res (CCNR) at 64.8% of the portfolio, followed by Hudbay Minerals (HBM, 1.6%) and Alcoa (AA, 1.1%). Compared with Q3 2025, it opened 7 new positions, sold out of 17, added to 22 and reduced 82. The biggest buy was a new position in MP Materials (MP) and the biggest sale CNH Industrial (CNH, shares −69%).

Most Recent 13F
Q2 2026
Location
STAMFORD, CT
CIK
0001301743
Portfolio Value
$476.5M (Q4 2025)
SEC Filing
0001405086-26-000091 ↗ filed Feb 12, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $280.7M Q1 2024 Q2 2024: $258.2M Q2 2024 Q3 2024: $543.2M Q3 2024 Q4 2024: $512.0M Q4 2024 Q1 2025: $615.1M Q1 2025 Q2 2025: $607.5M Q2 2025 Q3 2025: $551.0M Q3 2025 Q4 2025: $476.5M $476.5M Q4 2025 Q1 2026: $537.9M Q1 2026 Q2 2026: $501.7M Q2 2026

Holdings 117 stocks · $476.5M
CCNR Alps Corecommodity NTRL Res 64.77% 9,415,125 $308.6M Reduce -19.3%
HBM Hudbay Minerals Inc. 1.62% 388,462 $7.7M Reduce -11.3%
AA Alcoa Corp. 1.05% 94,403 $5.0M Reduce -25.2%
LBRT Liberty Energy Inc. 1.02% 262,580 $4.8M Reduce -20.6%
MUR Murphy Oil Corp. 0.98% 148,858 $4.7M Reduce -16.6%
SHLS Shoals Technologies Group -A 0.85% 477,344 $4.1M Reduce -27.6%
TSN Tyson Foods Inc. Class A 0.82% 66,726 $3.9M Add +13.8%
COP Conocophillips 0.78% 39,705 $3.7M Reduce -15.8%
VLTO Veralto Corp. 0.77% 36,947 $3.7M Reduce -2.2%
SU Suncor Energy Inc. 0.72% 76,739 $3.4M Reduce -15.3%
BTE Baytex Energy Corp. 0.68% 1,006,566 $3.3M Reduce -23.9%
DAR Darling Ingredients Inc. 0.68% 90,106 $3.2M Add +10.8%
FCX Freeport-McMoran Inc. 0.64% 59,979 $3.0M Reduce -13.5%
CIVI Civitas Resources Inc. 0.64% 111,870 $3.0M Add +17.1%
FLNC Fluence Energy Inc. 0.63% 152,692 $3.0M Reduce -32.3%
CNH CNH Industrial NV 0.58% 41,012 $2.8M Reduce -68.7%
CENX Century Aluminum Company 0.57% 69,384 $2.7M Reduce -20.1%
SCCO Southern Copper Corp. 0.57% 18,865 $2.7M Reduce -51.3%
DVN Devon Energy Corp. 0.57% 73,568 $2.7M Reduce -21.6%
CGAU Centerra Gold Inc. 0.54% 179,502 $2.6M Reduce -16.9%
EOG EOG Resources Inc. 0.52% 23,483 $2.5M Reduce -27.5%
CTVA Corteva Inc. 0.51% 36,343 $2.4M Reduce -17.6%
TECK Teck Resources Ltd.-CLS B 0.51% 50,785 $2.4M Reduce -48.6%
CHRD Chord Energy Corp. 0.51% 26,190 $2.4M Add +20.9%
HAL Halliburton Co. 0.51% 85,189 $2.4M Reduce -17.8%
SM SM Energy Co. 0.46% 117,556 $2.2M Reduce -5.4%
WFG West Fraser Timber Co. Ltd. 0.46% 35,796 $2.2M Add +6.5%
PTEN Patterson-Uti Energy Inc. 0.46% 356,461 $2.2M Reduce -17.5%
PUMP Propetro Holding Corp. 0.43% 214,693 $2.0M Reduce -25.5%
CALM Cal-Maine Foods Inc. 0.43% 25,520 $2.0M Add +4.1%
MTDR Matador Resources Co. 0.41% 46,465 $2.0M Reduce -10.2%
CTRA Coterra Energy Inc. 0.41% 73,841 $1.9M Reduce -7.7%
BE Bloom Energy Corp. Class A 0.40% 21,742 $1.9M Reduce -33.5%
ADM Archer-Daniels-Midland Co. 0.39% 32,422 $1.9M Reduce -52.2%
EOSE Eos Energy Enterprises Inc. 0.39% 161,649 $1.9M Reduce -23.6%
MGY Magnolia Oil & Gas Corp. Class A 0.38% 83,422 $1.8M Reduce -15.2%
SLB SLB Ltd. filed as SLB LIMITED 0.38% 46,820 $1.8M Add +0.2%
AWK American Water Works Co. Inc. 0.37% 13,593 $1.8M Reduce -13.2%
EGO Eldorado Gold Corp. 0.37% 48,720 $1.8M Add +41.4%
XOM Exxon Mobil Corp. 0.36% 14,282 $1.7M Reduce -18.3%
PPC Pilgrim's Pride Corp. 0.35% 42,840 $1.7M Reduce -15.8%
XPRO Expro Group Holdings NV 0.35% 123,555 $1.6M Add +0.0%
TDW Tidewater Inc. 0.34% 32,459 $1.6M Reduce -14.3%
HP Helmerich & Payne 0.33% 55,022 $1.6M Reduce -54.3%
NOV Nov Inc. 0.32% 97,521 $1.5M Add +8.3%
HL Hecla Mining Co. 0.31% 78,025 $1.5M Reduce -58.6%
MP MP Materials Corp. 0.31% 29,394 $1.5M New
INGR Ingredion Inc. 0.30% 12,979 $1.4M Reduce -56.2%
CNQ Canadian Natural Resources 0.30% 42,174 $1.4M Add +224.9%
PAAS Pan American Silver Corp. 0.29% 26,523 $1.4M Reduce -12.8%
CWT California Water Service Grp 0.29% 31,684 $1.4M Add +23.9%
ERO Ero Copper Corp. 0.28% 47,150 $1.3M Reduce -17.5%
EFXT Enerflex Ltd. 0.27% 83,745 $1.3M Add +41.1%
HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I 0.27% 205,494 $1.3M Reduce -17.4%
CVX Chevron Corp. 0.27% 8,320 $1.3M Add +474.2%
OII Oceaneering Intl Inc. 0.26% 51,493 $1.2M Reduce -18.4%
RES RPC Inc. 0.25% 216,889 $1.2M Reduce -16.5%
AEM Agnico Eagle Mines Ltd. 0.23% 6,588 $1.1M Reduce -19.8%
WTTR Select Water Solutions Inc. 0.23% 103,503 $1.1M Reduce -16.8%
DNOW Dnow Inc. 0.22% 79,765 $1.1M Add +21.2%
NEM Newmont Corp. 0.22% 10,355 $1.0M Add +35.3%
VAL Valaris Ltd. 0.22% 20,352 $1.0M Add +2.8%
HRL Hormel Foods Corp. 0.22% 43,268 $1.0M Reduce -15.2%
DE Deere & Co. 0.21% 2,172 $1.0M Reduce -28.7%
OXY Occidental Petroleum Corp. 0.21% 24,426 $1.0M Add +289.8%
GPRE Green Plains Inc. 0.19% 93,191 $913K Reduce -16.6%
AROC Archrock Inc. 0.19% 34,399 $895K New
HTO H2O America 0.17% 16,958 $831K Reduce -15.3%
TX Ternium SA-Sponsored ADR 0.16% 20,389 $779K Reduce -15.2%
PCH Potlatchdeltic Corp. 0.16% 19,144 $762K Reduce -13.2%
FSM Fortuna Mining Corp. 0.16% 76,897 $754K Reduce -18.1%
MUX McEwen Inc. 0.15% 39,671 $734K Reduce -17.1%
VET Vermilion Energy Inc. 0.14% 81,687 $680K Reduce -16.2%
DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC 0.14% 19,035 $678K Reduce -18.4%
CSIQ Canadian Solar Inc. 0.14% 28,001 $666K Reduce -61.9%
DOLE Dole PLC 0.14% 44,085 $661K Reduce -14.4%
ENPH Enphase Energy Inc. 0.14% 20,587 $660K Add +71.0%
IAG Iamgold Corp. 0.13% 38,363 $633K Reduce -12.8%
SXC Suncoke Energy Inc. 0.13% 84,382 $608K Reduce -16.5%
AGCO Agco Corp. 0.13% 5,768 $602K Reduce -9.3%
AMPX Amprius Technologies Inc. 0.12% 74,022 $584K Add +90.9%
RYN Rayonier Inc. 0.12% 26,878 $582K Reduce -6.0%
GPRK Geopark Ltd. 0.12% 78,258 $580K New
TTI Tetra Technologies Inc. 0.12% 61,039 $572K New
CLB Core Laboratories Inc. 0.12% 35,626 $571K Reduce -19.2%
PDS Precision Drilling Corp. 0.12% 7,718 $554K Reduce -15.9%
RIO Rio Tinto PLC-Spon ADR 0.12% 6,890 $551K No change
BKR Baker Hughes Co. 0.11% 11,830 $539K Reduce -65.4%
BHP BHP Group Ltd.-Spon ADR 0.11% 8,828 $533K No change
CRGY Crescent Energy Inc. Class A 0.09% 53,552 $449K Add +310.6%
TWI Titan International Inc. 0.09% 57,189 $448K Reduce -21.4%
PR Permian Resources Corp. Class A 0.09% 31,101 $436K Reduce -12.3%
CVE Cenovus Energy Inc. 0.09% 25,455 $431K Add +1.0%
CRC California Resources Corp. 0.09% 9,468 $423K Reduce -14.4%
ALB Albemarle Corp. 0.08% 2,706 $383K Reduce -13.3%
RNW Renew Energy Global PLC-A 0.08% 66,605 $376K Reduce -17.1%
DQ Daqo New Energy Corp.-ADR 0.08% 12,283 $362K Reduce -16.8%
ICL Icl Group Ltd. 0.08% 62,847 $359K Reduce -16.2%
ARRY Array Technologies Inc. 0.07% 37,891 $349K Reduce -17.2%
NTR Nutrien Ltd. 0.07% 5,631 $348K Reduce -70.1%

Show all 117 holdings

Portfolio Sells Q3 2025 → Q4 2025
CNH CNH Industrial NV Reduce -68.7% 0.58% −0.40
TALO Talos Energy Inc. Reduce -93.5% 0.03% −0.36
INGR Ingredion Inc. Reduce -56.2% 0.30% −0.36
ADM Archer-Daniels-Midland Co. Reduce -52.2% 0.39% −0.34
FSLR First Solar Inc. Sold out 0.00% −0.32
SCCO Southern Copper Corp. Reduce -51.3% 0.57% −0.29
TECK Teck Resources Ltd.-CLS B Reduce -48.6% 0.51% −0.28
HCC Warrior Met Coal Inc. Sold out 0.00% −0.28
FMC FMC Corp. Sold out 0.00% −0.22
APA Apa Corp. Sold out 0.00% −0.21
BKR Baker Hughes Co. Reduce -65.4% 0.11% −0.19
HP Helmerich & Payne Reduce -54.3% 0.33% −0.15
EOG EOG Resources Inc. Reduce -27.5% 0.52% −0.14
FLNG Flex LNG Ltd. Sold out 0.00% −0.14
METC Ramaco Resources Inc. Class A Sold out 0.00% −0.13
NTR Nutrien Ltd. Reduce -70.1% 0.07% −0.13
CCNR Alps Corecommodity NTRL Res Reduce -19.3% 64.77% −0.11
BE Bloom Energy Corp. Class A Reduce -33.5% 0.40% −0.11
ORA Ormat Technologies Inc. Sold out 0.00% −0.10
MOS The Mosaic Co. Sold out 0.00% −0.10
SM SM Energy Co. Reduce -5.4% 0.46% −0.10
BSM Black Stone Minerals LP Sold out 0.00% −0.10
HL Hecla Mining Co. Reduce -58.6% 0.31% −0.10
ARIS WATER SOLUTIONS INC-A Sold out 0.00% −0.10
CF CF Industries Holdings Inc. Sold out 0.00% −0.10
NXE Nexgen Energy Ltd. Reduce -72.0% 0.04% −0.09
NPKI NPK International Inc. Reduce -62.8% 0.07% −0.08
VNOM Viper Energy Inc. Class A Sold out 0.00% −0.07
EOSE Eos Energy Enterprises Inc. Reduce -23.6% 0.39% −0.05
MGY Magnolia Oil & Gas Corp. Class A Reduce -15.2% 0.38% −0.04
EQT Eqt Corp. Sold out 0.00% −0.04
AR Antero Resources Corp. Sold out 0.00% −0.04
DE Deere & Co. Reduce -28.7% 0.21% −0.04
SHLS Shoals Technologies Group -A Reduce -27.6% 0.85% −0.03
CSIQ Canadian Solar Inc. Reduce -61.9% 0.14% −0.03
RNW Renew Energy Global PLC-A Reduce -17.1% 0.08% −0.03
MTUS Metallus Inc. Sold out 0.00% −0.03
NE Noble Corp. PLC Reduce -43.0% 0.04% −0.03
DVN Devon Energy Corp. Reduce -21.6% 0.57% −0.03
CTVA Corteva Inc. Reduce -17.6% 0.51% −0.03
COP Conocophillips Reduce -15.8% 0.78% −0.03
HOS Hornbeck Offshore Services I Reduce -17.4% 0.27% −0.03
PPC Pilgrim's Pride Corp. Reduce -15.8% 0.35% −0.03
OII Oceaneering Intl Inc. Reduce -18.4% 0.26% −0.02
SD Sandridge Energy Inc. Sold out 0.00% −0.02
AWK American Water Works Co. Inc. Reduce -13.2% 0.37% −0.02
TDW Tidewater Inc. Reduce -14.3% 0.34% −0.02
SXC Suncoke Energy Inc. Reduce -16.5% 0.13% −0.02
CRC California Resources Corp. Reduce -14.4% 0.09% −0.02
AEM Agnico Eagle Mines Ltd. Reduce -19.8% 0.23% −0.02

Portfolio Buys Q3 2025 → Q4 2025
MP MP Materials Corp. New 0.31% +0.31
TSN Tyson Foods Inc. Class A Add +13.8% 0.82% +0.24
DAR Darling Ingredients Inc. Add +10.8% 0.68% +0.23
CVX Chevron Corp. Add +474.2% 0.27% +0.23
CNQ Canadian Natural Resources Add +224.9% 0.30% +0.22
AROC Archrock Inc. New 0.19% +0.19
EGO Eldorado Gold Corp. Add +41.4% 0.37% +0.19
OXY Occidental Petroleum Corp. Add +289.8% 0.21% +0.16
EFXT Enerflex Ltd. Add +41.1% 0.27% +0.16
GPRK Geopark Ltd. New 0.12% +0.12
TTI Tetra Technologies Inc. New 0.12% +0.12
CHRD Chord Energy Corp. Add +20.9% 0.51% +0.12
NOV Nov Inc. Add +8.3% 0.32% +0.10
NEM Newmont Corp. Add +35.3% 0.22% +0.10
SLB SLB Ltd. Add +0.2% 0.38% +0.09
XPRO Expro Group Holdings NV Add +0.0% 0.35% +0.08
CWT California Water Service Grp Add +23.9% 0.29% +0.08
CRGY Crescent Energy Inc. Class A Add +310.6% 0.09% +0.07
CIVI Civitas Resources Inc. Add +17.1% 0.64% +0.07
ERII Energy Recovery Inc. New 0.07% +0.07
ENPH Enphase Energy Inc. Add +71.0% 0.14% +0.06
AMPX Amprius Technologies Inc. Add +90.9% 0.12% +0.05
WFG West Fraser Timber Co. Ltd. Add +6.5% 0.46% +0.04
SQM Quimica Y Minera Chil-SP ADR New 0.04% +0.04
B Barrick Mining Corp. New 0.04% +0.04
VAL Valaris Ltd. Add +2.8% 0.22% +0.04
DNOW Dnow Inc. Add +21.2% 0.22% +0.04
CVE Cenovus Energy Inc. Add +1.0% 0.09% +0.01
CALM Cal-Maine Foods Inc. Add +4.1% 0.43% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 124$501.7MCCNR, CNH, CTVA, NTR, FSLR
Q1 2026 119$537.9MCCNR, NTR, SM, MUR, CHRD
Q4 2025 117$476.5MCCNR, HBM, AA, LBRT, MUR
Q3 2025 127$551.0MCCNR, HBM, CNH, MUR, SHLS
Q2 2025 139$607.5MCCNR, HBM, TECK, MUR, ARRY
Q1 2025 149$615.1MCCNR, AEM, NEM, RGLD, MUR
Q4 2024 127$512.0MCCNR, CALM, HRL, MUR, INGR
Q3 2024 134$543.2MCCNR, CNH, MUR, INGR, DE
Q2 2024 133$258.2MDAR, INGR, MUR, AEM, BG
Q1 2024 164$280.7MINGR, DAR, CNH, DE, ADM