Hartree Partners, LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Hartree Partners, LP reported 108 stock positions worth $460.4 million. Its top holding was Star (SGU) at 9.1% of the portfolio, followed by Venture Global Class A (VG, 6.0%) and Ovintiv (OVV, 5.8%). Compared with Q4 2025, it opened 70 new positions, sold out of 20, added to 15 and reduced 13. The biggest buy was a new position in Venture Global Class A (VG) and the biggest sale Barrick Mining (B, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001597857
- Portfolio Value
- $460.4M (Q1 2026)
- SEC Filing
- 0001597857-26-000004 ↗ filed May 12, 2026
Holdings Value
Holdings 108 stocks · $460.4M
| SGU Star Group LP | 9.07% | 3,400,907 | $41.8M | No change |
| VG Venture Global Inc. Class A | 5.95% | 1,739,221 | $27.4M | New |
| OVV Ovintiv Inc. | 5.83% | 452,446 | $26.9M | Reduce -26.9% |
| HDSN Hudson Technologies Inc. | 4.85% | 3,800,000 | $22.3M | No change |
| LNG Cheniere Energy Inc. | 4.81% | 78,069 | $22.2M | Add +1851.7% |
| DVN Devon Energy Corp. | 4.70% | 430,383 | $21.7M | Add +669.9% |
| CVE Cenovus Energy Inc. | 4.54% | 790,000 | $20.9M | Add +203.8% |
| GLP Global Partners LP | 4.04% | 441,755 | $18.6M | Reduce -13.1% |
| TNK Teekay Tankers Ltd. Class A | 2.95% | 185,462 | $13.6M | Add +25.0% |
| MEOH Methanex Corp. | 2.78% | 214,859 | $12.8M | New |
| CNR Core Natural Resources Inc. | 2.38% | 104,829 | $11.0M | New |
| IAG Iamgold Corp. | 2.34% | 571,480 | $10.8M | Add +23.5% |
| OC Owens Corning | 2.32% | 98,691 | $10.7M | New |
| L Loews Corp. | 2.15% | 92,865 | $9.9M | Add +45.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.89% | 13,360 | $8.7M | New |
| PDS Precision Drilling Corp. | 1.76% | 82,500 | $8.1M | No change |
| CHRD Chord Energy Corp. | 1.73% | 56,031 | $8.0M | Add +262.1% |
| ASC Ardmore Shipping Corp. | 1.71% | 515,000 | $7.9M | New |
| PR Permian Resources Corp. Class A | 1.58% | 342,072 | $7.3M | New |
| NRG NRG Energy Inc. | 1.46% | 46,000 | $6.7M | New |
| SHMD Schmid Group NV | 1.41% | 1,237,500 | $6.5M | Add +20.4% |
| KGC Kinross Gold Corp. | 1.27% | 191,000 | $5.8M | Add +247.3% |
| ZIM Zim Integrated Shipping Serv | 1.14% | 200,000 | $5.3M | New |
| LAFA Lafayette Acquisition Corp. | 1.08% | 497,563 | $5.0M | New |
| SDRL Seadrill Limited | 1.06% | 107,300 | $4.9M | New |
| NVGS Navigator Holdings Ltd. | 1.01% | 241,473 | $4.7M | New |
| BTE Baytex Energy Corp. | 0.97% | 1,000,000 | $4.5M | Reduce -43.3% |
| B Barrick Mining Corp. | 0.94% | 106,000 | $4.3M | Reduce -64.7% |
| FANG Diamondback Energy Inc. | 0.92% | 21,524 | $4.3M | New |
| VST Vistra Corp. | 0.87% | 26,500 | $4.0M | New |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.85% | 316,750 | $3.9M | Add +23.4% |
| RFAMU RF Acquisition Corp. III | 0.83% | 380,000 | $3.8M | New |
| SBLK Star Bulk Carriers Corp. | 0.75% | 150,000 | $3.4M | New |
| CTRA Coterra Energy Inc. | 0.72% | 94,000 | $3.3M | New |
| EXE Expand Energy Corp. | 0.69% | 28,959 | $3.2M | Reduce -65.0% |
| VNOM Viper Energy Inc. Class A | 0.69% | 67,599 | $3.2M | New |
| AA Alcoa Corp. | 0.68% | 47,500 | $3.2M | New |
| EQX Equinox Gold Corp. | 0.64% | 204,000 | $2.9M | Add +38.5% |
| CENX Century Aluminum Company | 0.64% | 50,000 | $2.9M | Reduce -76.9% |
| ET Energy Transfer LP | 0.63% | 150,000 | $2.9M | New |
| BMM Blue Moon Metals Inc. | 0.59% | 420,000 | $2.7M | New |
| SHEL Shell PLC-ADR | 0.54% | 26,500 | $2.5M | Add +26.2% |
| KRSP.U Rice Acquisition Corp. 3 | 0.52% | 240,000 | $2.4M | New |
| TLN Talen Energy Corp. | 0.52% | 7,500 | $2.4M | Reduce -46.4% |
| BG Bunge Global SA | 0.47% | 17,000 | $2.2M | Reduce -66.7% |
| CDE Coeur Mining Inc. | 0.47% | 115,000 | $2.2M | Add +100.0% |
| CGAU Centerra Gold Inc. | 0.46% | 120,000 | $2.1M | Add +14.3% |
| ADM Archer-Daniels-Midland Co. | 0.44% | 28,000 | $2.0M | New |
| XLB SS Materials Select Sector | 0.44% | 40,400 | $2.0M | New |
| SSRM SSR Mining Inc. | 0.38% | 60,000 | $1.8M | New |
| MPLX MPLX LP | 0.37% | 30,000 | $1.7M | New |
| TEN Tsakos Energy Navigation Ltd. | 0.37% | 43,000 | $1.7M | New |
| MT Arcelormittal-NY Registered | 0.31% | 27,725 | $1.4M | Add +430.7% |
| STNG Scorpio Tankers Inc. | 0.30% | 18,600 | $1.4M | New |
| NEWP New Pacific Metals Corp. | 0.30% | 334,047 | $1.4M | New |
| TAC Transalta Corp. | 0.29% | 100,000 | $1.3M | New |
| ECVT Ecovyst Inc. | 0.27% | 96,726 | $1.2M | Reduce -28.4% |
| DOW Dow Inc. filed as DOW HLDGS INC | 0.25% | 27,200 | $1.1M | New |
| KEX Kirby Corp. | 0.23% | 8,000 | $1.1M | New |
| RSP Invesco S&P 500 Equal Weight | 0.23% | 5,500 | $1.1M | New |
| EWZ iShares MSCI Brazil ETF | 0.23% | 27,334 | $1.0M | New |
| DC Dakota Gold Corp. | 0.22% | 203,002 | $1.0M | No change |
| FF Futurefuel Corp. | 0.22% | 260,000 | $1.0M | No change |
| CDZI Cadiz Inc. | 0.21% | 200,000 | $982K | No change |
| CF CF Industries Holdings Inc. | 0.21% | 7,500 | $974K | New |
| DCH Dauch Corporation | 0.21% | 160,000 | $949K | New |
| GDX Vaneck Gold Miners ETF | 0.20% | 10,000 | $918K | New |
| AEM Agnico Eagle Mines Ltd. | 0.20% | 4,500 | $913K | New |
| PAAS Pan American Silver Corp. | 0.18% | 15,000 | $819K | New |
| NXE Nexgen Energy Ltd. | 0.18% | 69,743 | $809K | New |
| GLD SPDR Gold Shares | 0.17% | 1,800 | $775K | New |
| COP Conocophillips | 0.17% | 5,850 | $772K | Reduce -39.1% |
| EMR Emerson Electric Co. | 0.17% | 5,800 | $760K | New |
| GGB Gerdau SA -Spon ADR | 0.16% | 210,000 | $758K | No change |
| ETN Eaton Corp. PLC | 0.16% | 2,100 | $751K | New |
| DE Deere & Co. | 0.16% | 1,300 | $732K | New |
| CAT Caterpillar Inc. | 0.15% | 1,000 | $708K | New |
| DAR Darling Ingredients Inc. | 0.13% | 10,000 | $619K | New |
| CSX CSX Corp. | 0.11% | 12,500 | $513K | New |
| PCAR Paccar Inc. | 0.11% | 4,400 | $508K | New |
| RSG Republic Services Inc. | 0.11% | 2,300 | $504K | New |
| WLK Westlake Corp. | 0.11% | 4,300 | $502K | New |
| KBH KB Home | 0.11% | 9,600 | $497K | New |
| APD Air Products & Chemicals Inc. | 0.11% | 1,710 | $497K | New |
| HUBB Hubbell Inc. | 0.11% | 1,000 | $491K | New |
| WWD Woodward Inc. | 0.11% | 1,360 | $487K | New |
| NFGC New Found Gold Corp. | 0.11% | 250,000 | $485K | No change |
| WM Waste Management Inc. | 0.10% | 2,100 | $483K | New |
| CORZ Core Scientific Inc. | 0.10% | 30,000 | $449K | Reduce -40.0% |
| OGE Oge Energy Corp. | 0.10% | 9,266 | $444K | New |
| HBM Hudbay Minerals Inc. | 0.09% | 20,000 | $419K | Reduce -33.3% |
| MTDR Matador Resources Co. | 0.08% | 6,000 | $379K | Reduce -76.3% |
| GPRE Green Plains Inc. | 0.08% | 23,000 | $378K | No change |
| KNOP Knot Offshore Partners LP | 0.08% | 36,380 | $367K | New |
| KGS Kodiak Gas Services Inc. | 0.08% | 6,000 | $350K | New |
| SLSR Solaris Resources Inc. | 0.07% | 35,000 | $302K | New |
| WMS Advanced Drainage Systems Inc. | 0.06% | 2,000 | $274K | New |
| IEX Idex Corp. | 0.06% | 1,400 | $265K | New |
| ODFL Old Dominion Freight Line | 0.06% | 1,350 | $264K | New |
| GLW Corning Inc. | 0.06% | 1,900 | $258K | New |
| MTZ Mastec Inc. | 0.06% | 800 | $257K | New |
| FTAI Ftai Aviation Ltd. | 0.05% | 1,000 | $245K | New |
| GM General Motors Co. | 0.05% | 3,200 | $238K | New |
| LITE Lumentum Holdings Inc. | 0.05% | 330 | $232K | New |
| GOOG Alphabet Inc. Class C | 0.04% | 600 | $172K | New |
| NI Nisource Inc. | 0.04% | 3,500 | $163K | New |
| EAF Graftech International Ltd. | 0.01% | 10,000 | $68K | No change |
| CIEN Ciena Corp. | 0.01% | 100 | $39K | New |
Options reported separately and not counted above: DAR calls ($2.2M), MATX puts ($950K), GDX puts ($929K), B calls ($890K), COPX puts ($213K), SID calls ($50K).
Other holdings (6): bonds, preferreds, convertibles and warrants · $873K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SHMDW Schmid Group NV -28 | *W EXP 04/30/202 | 542,021 | $813K | New |
| LAFAR Lafayette Acquisition Corp. | RIGHT 10/24/2030 | 500,000 | $60K | No change |
| BRLSW Oxus Acquisition Corp. -CW23 | *W EXP 02/07/202 | 1,474,861 | $0 | New |
| GCLWW GCL Global Holdings-A -CW26 | *W EXP 02/13/203 | 325,564 | $0 | New |
| MLECW Moolec Science SA | *W EXP 01/30/202 | 412,400 | $0 | New |
| SCAGW Scage Future -30 | *W EXP 05/15/203 | 1,395,348 | $0 | New |
Total filed on the 13F, all lines: $461.3M.
Portfolio Sells Q4 2025 → Q1 2026
| B Barrick Mining Corp. | Reduce -64.7% | 0.94% | −3.84 |
| GLP Global Partners LP | Reduce -13.1% | 4.04% | −3.73 |
| OVV Ovintiv Inc. | Reduce -26.9% | 5.83% | −3.03 |
| EXE Expand Energy Corp. | Reduce -65.0% | 0.69% | −2.65 |
| CENX Century Aluminum Company | Reduce -76.9% | 0.64% | −2.47 |
| DAC Danaos Corp. | Sold out | 0.00% | −2.18 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −2.11 |
| JBS JBS NV-A | Sold out | 0.00% | −2.11 |
| EE Excelerate Energy Inc. Class A | Sold out | 0.00% | −2.01 |
| SWX Southwest Gas Holdings Inc. | Sold out | 0.00% | −1.79 |
| UGI Ugi Corp. | Sold out | 0.00% | −1.63 |
| TLN Talen Energy Corp. | Reduce -46.4% | 0.52% | −1.40 |
| ALB Albemarle Corp. | Sold out | 0.00% | −1.29 |
| EQT Eqt Corp. | Sold out | 0.00% | −1.25 |
| BG Bunge Global SA | Reduce -66.7% | 0.47% | −1.19 |
| BTE Baytex Energy Corp. | Reduce -43.3% | 0.97% | −1.11 |
| KRSP Rice Acquisition Corp. 3-A | Sold out | 0.00% | −0.88 |
| CNH CNH Industrial NV | Sold out | 0.00% | −0.84 |
| GPRK Geopark Ltd. | Sold out | 0.00% | −0.31 |
| MTDR Matador Resources Co. | Reduce -76.3% | 0.08% | −0.31 |
| ARLP Alliance Resource Partners | Sold out | 0.00% | −0.25 |
| AU Anglogold Ashanti PLC | Sold out | 0.00% | −0.23 |
| ECVT Ecovyst Inc. | Reduce -28.4% | 0.27% | −0.21 |
| CORZ Core Scientific Inc. | Reduce -40.0% | 0.10% | −0.17 |
| COP Conocophillips | Reduce -39.1% | 0.17% | −0.16 |
| VALE Vale SA-SP ADR | Sold out | 0.00% | −0.14 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.13 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −0.13 |
| HBM Hudbay Minerals Inc. | Reduce -33.3% | 0.09% | −0.13 |
| GPOR Gulfport Energy Corp. | Sold out | 0.00% | −0.11 |
| SLI Standard Lithium Ltd. | Sold out | 0.00% | −0.08 |
| TASEKO MINES LTD | Sold out | 0.00% | −0.02 |
| NAK Northern Dynasty Minerals | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| VG Venture Global Inc. Class A | New | 5.95% | +5.95 |
| LNG Cheniere Energy Inc. | Add +1851.7% | 4.81% | +4.53 |
| DVN Devon Energy Corp. | Add +669.9% | 4.70% | +3.96 |
| CVE Cenovus Energy Inc. | Add +203.8% | 4.54% | +2.93 |
| MEOH Methanex Corp. | New | 2.78% | +2.78 |
| CNR Core Natural Resources Inc. | New | 2.38% | +2.38 |
| OC Owens Corning | New | 2.32% | +2.32 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 1.89% | +1.89 |
| ASC Ardmore Shipping Corp. | New | 1.71% | +1.71 |
| PR Permian Resources Corp. Class A | New | 1.58% | +1.58 |
| NRG NRG Energy Inc. | New | 1.46% | +1.46 |
| CHRD Chord Energy Corp. | Add +262.1% | 1.73% | +1.21 |
| ZIM Zim Integrated Shipping Serv | New | 1.14% | +1.14 |
| LAFA Lafayette Acquisition Corp. | New | 1.08% | +1.08 |
| SDRL Seadrill Limited | New | 1.06% | +1.06 |
| NVGS Navigator Holdings Ltd. | New | 1.01% | +1.01 |
| FANG Diamondback Energy Inc. | New | 0.92% | +0.92 |
| VST Vistra Corp. | New | 0.87% | +0.87 |
| RFAMU RF Acquisition Corp. III | New | 0.83% | +0.83 |
| SBLK Star Bulk Carriers Corp. | New | 0.75% | +0.75 |
| CTRA Coterra Energy Inc. | New | 0.72% | +0.72 |
| KGC Kinross Gold Corp. | Add +247.3% | 1.27% | +0.70 |
| VNOM Viper Energy Inc. Class A | New | 0.69% | +0.69 |
| AA Alcoa Corp. | New | 0.68% | +0.68 |
| ET Energy Transfer LP | New | 0.63% | +0.63 |
| BMM Blue Moon Metals Inc. | New | 0.59% | +0.59 |
| KRSP.U Rice Acquisition Corp. 3 | New | 0.52% | +0.52 |
| ADM Archer-Daniels-Midland Co. | New | 0.44% | +0.44 |
| XLB SS Materials Select Sector | New | 0.44% | +0.44 |
| SSRM SSR Mining Inc. | New | 0.38% | +0.38 |
| MPLX MPLX LP | New | 0.37% | +0.37 |
| TEN Tsakos Energy Navigation Ltd. | New | 0.37% | +0.37 |
| STNG Scorpio Tankers Inc. | New | 0.30% | +0.30 |
| NEWP New Pacific Metals Corp. | New | 0.30% | +0.30 |
| TAC Transalta Corp. | New | 0.29% | +0.29 |
| DOW Dow Inc. | New | 0.25% | +0.25 |
| KEX Kirby Corp. | New | 0.23% | +0.23 |
| RSP Invesco S&P 500 Equal Weight | New | 0.23% | +0.23 |
| EWZ iShares MSCI Brazil ETF | New | 0.23% | +0.23 |
| MT Arcelormittal-NY Registered | Add +430.7% | 0.31% | +0.23 |
| CF CF Industries Holdings Inc. | New | 0.21% | +0.21 |
| DCH Dauch Corporation | New | 0.21% | +0.21 |
| GDX Vaneck Gold Miners ETF | New | 0.20% | +0.20 |
| AEM Agnico Eagle Mines Ltd. | New | 0.20% | +0.20 |
| PAAS Pan American Silver Corp. | New | 0.18% | +0.18 |
| NXE Nexgen Energy Ltd. | New | 0.18% | +0.18 |
| GLD SPDR Gold Shares | New | 0.17% | +0.17 |
| EMR Emerson Electric Co. | New | 0.17% | +0.17 |
| ETN Eaton Corp. PLC | New | 0.16% | +0.16 |
| DE Deere & Co. | New | 0.16% | +0.16 |
Options Activity Q4 2025 → Q1 2026
| DAR Darling Ingredients Inc. | call | New | 6,500 | $2.2M |
| OUNZ Vaneck Merk Gold ETF | put | Sold out | 2,000 | $930Kbefore exit |
| GDX Vaneck Gold Miners ETF | put | New | 5,300 | $929K |
| B Barrick Mining Corp. | call | New | 5,000 | $890K |
| ALB Albemarle Corp. | put | Sold out | 1,000 | $721Kbefore exit |
| COPX Global X Copper Miners ETF | put | New | 2,500 | $213K |
| SID Cia Siderurgica Nacl-SP ADR | call | New | 20,000 | $50K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| SHMDW Schmid Group NV -28 | *W EXP 04/30/202 | New | 542,021 | $813K |
| BRLSW Oxus Acquisition Corp. -CW23 | *W EXP 02/07/202 | New | 1,474,861 | $0 |
| GCLWW GCL Global Holdings-A -CW26 | *W EXP 02/13/203 | New | 325,564 | $0 |
| MLECW Moolec Science SA | *W EXP 01/30/202 | New | 412,400 | $0 |
| SCAGW Scage Future -30 | *W EXP 05/15/203 | New | 1,395,348 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 109 | $464.8M | SGU, DVN, OVV, HDSN, TNK |
| Q1 2026 | 108 | $460.4M | SGU, VG, OVV, HDSN, LNG |
| Q4 2025 | 59 | $273.6M | SGU, HDSN, OVV, GLP, B |
| Q3 2025 | 68 | $288.0M | SGU, HDSN, GLP, TNK, HAL |
| Q2 2025 | 54 | $352.8M | SGU, HDSN, GLP, TNK, JBS |
| Q1 2025 | 42 | $275.7M | SGU, GLP, HDSN, FRO, EXE |
| Q4 2024 | 54 | $267.8M | SGU, GLP, VST, ET, FRO |
| Q3 2024 | 53 | $346.9M | SGU, GLP, TECK, EXE, STNG |
| Q2 2024 | 56 | $398.1M | STNG, TECK, SGU, GLP, VST |
| Q1 2024 | 41 | $384.6M | VST, STNG, TECK, GLP, SGU |