Hartree Partners, LP

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Hartree Partners, LP reported 56 stock positions worth $398.1 million. Its top holding was Scorpio Tankers (STNG) at 10.5% of the portfolio, followed by Teck Resources Ltd.-CLS B (TECK, 8.6%) and Star (SGU, 8.3%). Compared with Q1 2024, it opened 30 new positions, sold out of 15, added to 12 and reduced 6. The biggest buy was a new position in Cheniere Energy (LNG) and the biggest sale Vistra (VST, shares −53%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001597857
Portfolio Value
$398.1M (Q2 2024)
SEC Filing
0001597857-24-000005 ↗ filed Aug 14, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $384.6M Q1 2024 Q2 2024: $398.1M $398.1M Q2 2024 Q3 2024: $346.9M Q3 2024 Q4 2024: $267.8M Q4 2024 Q1 2025: $275.7M Q1 2025 Q2 2025: $352.8M Q2 2025 Q3 2025: $288.0M Q3 2025 Q4 2025: $273.6M Q4 2025 Q1 2026: $460.4M Q1 2026 Q2 2026: $464.8M Q2 2026

Holdings 56 stocks · $398.1M
STNG Scorpio Tankers Inc. 10.45% 512,000 $41.6M Reduce -1.8%
TECK Teck Resources Ltd.-CLS B 8.64% 718,119 $34.4M No change
SGU Star Group LP 8.35% 3,123,253 $33.2M No change
GLP Global Partners LP 8.12% 708,080 $32.3M No change
VST Vistra Corp. 8.00% 370,400 $31.8M Reduce -52.6%
EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 6.55% 317,030 $26.1M Add +66.9%
LNG Cheniere Energy Inc. 5.58% 127,000 $22.2M New
VRN Veren Inc. 4.76% 2,400,689 $18.9M Add +39.2%
SDRL Seadrill Limited 4.37% 337,800 $17.4M Add +20.6%
PTEN Patterson-Uti Energy Inc. 4.14% 1,590,000 $16.5M Add +12.2%
NE Noble Corp. PLC 4.01% 357,501 $16.0M Add +38.8%
SWN Southwestern Energy Co. 2.92% 1,728,000 $11.6M No change
HBM Hudbay Minerals Inc. 2.37% 1,041,669 $9.4M Add +544.5%
PDS Precision Drilling Corp. 1.77% 100,000 $7.0M Add +25.0%
X United States Steel Corp. 1.74% 183,200 $6.9M New
EFXT Enerflex Ltd. 1.49% 1,100,000 $5.9M Add +340.0%
NBR Nabors Industries Ltd. 1.29% 72,300 $5.1M Add +80.8%
XPRO Expro Group Holdings NV 1.28% 223,000 $5.1M New
PR Permian Resources Corp. Class A 1.25% 308,000 $5.0M New
PUMP Propetro Holding Corp. 1.15% 528,963 $4.6M Add +31.1%
ARCH Arch Resources Inc. 1.06% 27,659 $4.2M Reduce -12.8%
GFR Greenfire Resources Ltd. 1.02% 600,000 $4.1M New
CGAU Centerra Gold Inc. 0.89% 529,471 $3.6M Add +7.9%
GLNG Golar LNG Ltd. 0.63% 80,000 $2.5M New
DAR Darling Ingredients Inc. 0.55% 60,000 $2.2M New
CVE Cenovus Energy Inc. 0.54% 108,562 $2.1M Reduce -82.6%
TAC Transalta Corp. 0.53% 300,000 $2.1M New
SMHI Seacor Marine Holdings Inc. 0.49% 143,634 $1.9M New
BP BP PLC-Spons ADR 0.45% 50,000 $1.8M Add +25.0%
HAFN Hafnia Ltd. 0.44% 210,584 $1.8M New
SHMD Schmid Group NV 0.44% 420,028 $1.7M New
OI O-I Glass Inc. 0.43% 155,000 $1.7M Reduce -47.6%
WCC Wesco International Inc. 0.38% 9,434 $1.5M New
SHEL Shell PLC-ADR 0.37% 20,160 $1.5M No change
IBIT iShares Bitcoin Trust ETF 0.35% 40,900 $1.4M New
VISTRA CORP 0.32% 1,390 $1.3M New
PNW Pinnacle West Capital 0.27% 14,000 $1.1M New
XEL Xcel Energy Inc. 0.27% 20,000 $1.1M New
AES AES Corp. 0.22% 50,000 $879K New
CNQ Canadian Natural Resources 0.19% 21,566 $768K No change
SRE Sempra 0.19% 10,000 $761K New
SCORPIO TANKERS INC 0.19% 3,120 $741K New
ASTL Algoma Steel Group Inc. 0.18% 102,080 $710K No change
FREEPORT MCMORAN INC 0.17% 3,500 $657K New
CENX Century Aluminum Company 0.14% 33,500 $561K New
MAC COPPER LTD filed as METALS ACQUISITION LIMITED 0.13% 38,634 $529K New
NXE Nexgen Energy Ltd. 0.13% 75,000 $524K No change
BTU Peabody Energy Corp. 0.13% 23,567 $521K New
SDIG Stronghold Digital Mining-A 0.12% 107,761 $462K New
EATON CORP PLC 0.10% 150 $413K New
VISTRA CORP 0.10% 250 $409K New
SOUTHERN COPPER CORP 0.09% 750 $371K New
ETN Eaton Corp. PLC 0.08% 1,000 $314K Reduce -90.6%
SPDR SERIES TRUST 0.07% 900 $281K New
ALBEMARLE CORP 0.07% 450 $276K New
HSHP Himalaya Shipping Ltd. 0.04% 18,687 $169K New

Options reported separately and not counted above: NPWR.WS calls ($211K), BRLSW calls ($35K), GRDIW calls ($24K), NBSTW calls ($22K), MLECW calls ($21K), MACAW calls ($15K), FNVWF calls ($11K), OUSTZ calls ($11K), RFACW calls ($5K).

Other holdings (3): bonds, preferreds, convertibles and warrants · $1.5M (not counted above)
SecurityClassShares / PrincipalValueChange
SHMDW Schmid Group NV -28 *W EXP 04/30/202 2,351,448$1.1MNew
SABLE OFFSHORE CORP *W EXP 02/14/202 100,000$427KNo change
RFACR RF Acquisition Corp.- Rights RIGHT 05/01/2028 225,000$23KNo change

Total filed on the 13F, all lines: $399.6M.

Portfolio Sells Q1 2024 → Q2 2024
VST Vistra Corp. Reduce -52.6% 8.00% −6.16
PEG Public Service Enterprise GP Sold out 0.00% −3.52
CVE Cenovus Energy Inc. Reduce -82.6% 0.54% −2.71
VLO Valero Energy Corp. Sold out 0.00% −1.59
MRO Marathon Oil Corp. Sold out 0.00% −1.52
PSX Phillips 66 Sold out 0.00% −1.50
LAR Lithium Americas Argentina C Sold out 0.00% −1.25
PGSS Pegasus Digital Mobility A-A Sold out 0.00% −1.23
AMZN Amazon.com Inc. Sold out 0.00% −1.09
OI O-I Glass Inc. Reduce -47.6% 0.43% −0.84
CEG Constellation Energy Sold out 0.00% −0.82
ETN Eaton Corp. PLC Reduce -90.6% 0.08% −0.78
PCG P G & E Corp. Sold out 0.00% −0.76
VRT Vertiv Holdings Co. Class A Sold out 0.00% −0.64
META Meta Platforms Inc. Class A Sold out 0.00% −0.60
NEE Nextera Energy Inc. Sold out 0.00% −0.50
GPOR Gulfport Energy Corp. Sold out 0.00% −0.44
AR Antero Resources Corp. Sold out 0.00% −0.29
ARCH Arch Resources Inc. Reduce -12.8% 1.06% −0.27
PBR Petroleo Brasileiro-Spon ADR Sold out 0.00% −0.16
STNG Scorpio Tankers Inc. Reduce -1.8% 10.45% +0.75

Portfolio Buys Q1 2024 → Q2 2024
LNG Cheniere Energy Inc. New 5.58% +5.58
EXE Expand Energy Corp. Add +66.9% 6.55% +2.16
HBM Hudbay Minerals Inc. Add +544.5% 2.37% +2.07
X United States Steel Corp. New 1.74% +1.74
XPRO Expro Group Holdings NV New 1.28% +1.28
PR Permian Resources Corp. Class A New 1.25% +1.25
EFXT Enerflex Ltd. Add +340.0% 1.49% +1.11
VRN Veren Inc. Add +39.2% 4.76% +1.08
GFR Greenfire Resources Ltd. New 1.02% +1.02
NE Noble Corp. PLC Add +38.8% 4.01% +0.76
SDRL Seadrill Limited Add +20.6% 4.37% +0.71
GLNG Golar LNG Ltd. New 0.63% +0.63
DAR Darling Ingredients Inc. New 0.55% +0.55
TAC Transalta Corp. New 0.53% +0.53
SMHI Seacor Marine Holdings Inc. New 0.49% +0.49
HAFN Hafnia Ltd. New 0.44% +0.44
SHMD Schmid Group NV New 0.44% +0.44
NBR Nabors Industries Ltd. Add +80.8% 1.29% +0.40
WCC Wesco International Inc. New 0.38% +0.38
PDS Precision Drilling Corp. Add +25.0% 1.77% +0.37
IBIT iShares Bitcoin Trust ETF New 0.35% +0.35
VISTRA CORP New 0.32% +0.32
PUMP Propetro Holding Corp. Add +31.1% 1.15% +0.30
PNW Pinnacle West Capital New 0.27% +0.27
XEL Xcel Energy Inc. New 0.27% +0.27
AES AES Corp. New 0.22% +0.22
SRE Sempra New 0.19% +0.19
SCORPIO TANKERS INC New 0.19% +0.19
FREEPORT MCMORAN INC New 0.17% +0.17
CENX Century Aluminum Company New 0.14% +0.14
CGAU Centerra Gold Inc. Add +7.9% 0.89% +0.14
MAC COPPER LTD New 0.13% +0.13
BTU Peabody Energy Corp. New 0.13% +0.13
SDIG Stronghold Digital Mining-A New 0.12% +0.12
EATON CORP PLC New 0.10% +0.10
VISTRA CORP New 0.10% +0.10
SOUTHERN COPPER CORP New 0.09% +0.09
SPDR SERIES TRUST New 0.07% +0.07
ALBEMARLE CORP New 0.07% +0.07
BP BP PLC-Spons ADR Add +25.0% 0.45% +0.06
HSHP Himalaya Shipping Ltd. New 0.04% +0.04
PTEN Patterson-Uti Energy Inc. Add +12.2% 4.14% −0.26

Options Activity Q1 2024 → Q2 2024
PGSS.WS Pegasus Digital Mobili -CW22 call Sold out 1,325,200 $504Kbefore exit
GRDIW Griid Infrastructure Inc.-28 call New 375,000 $24K
BITE.WS Bite Acquisition Corp. -CW27 call Sold out 310,000 $22Kbefore exit
SWSSW Springwater Special Sit-CW26 call Sold out 742,500 $15Kbefore exit
PUCKW Goal Acquisitions Corp.-CW call Sold out 1,100,000 $11Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q1 2024 → Q2 2024
SHMDW Schmid Group NV -28 *W EXP 04/30/202 New 2,351,448 $1.1M
GRDIW Griid Infrastructure Inc.-28 *W EXP 12/29/202 Sold out 375,000 $23Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 109$464.8MSGU, DVN, OVV, HDSN, TNK
Q1 2026 108$460.4MSGU, VG, OVV, HDSN, LNG
Q4 2025 59$273.6MSGU, HDSN, OVV, GLP, B
Q3 2025 68$288.0MSGU, HDSN, GLP, TNK, HAL
Q2 2025 54$352.8MSGU, HDSN, GLP, TNK, JBS
Q1 2025 42$275.7MSGU, GLP, HDSN, FRO, EXE
Q4 2024 54$267.8MSGU, GLP, VST, ET, FRO
Q3 2024 53$346.9MSGU, GLP, TECK, EXE, STNG
Q2 2024 56$398.1MSTNG, TECK, SGU, GLP, VST
Q1 2024 41$384.6MVST, STNG, TECK, GLP, SGU