KGH Ltd
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), KGH Ltd reported 33 stock positions worth $1.7 billion. Its top holding was Range Resources (RRC) at 12.0% of the portfolio, followed by Warrior Met Coal (HCC, 9.1%) and Southwestern Energy (SWN, 7.9%). Compared with Q4 2023, it opened 2 new positions, sold out of 6, added to 4 and reduced 9. The biggest buy was a new position in Valaris (VAL) and the biggest sale an exit from Eqt (EQT).
- Most Recent 13F
- Q4 2024
- Location
- NASSAU, C5
- CIK
- 0001549641
- Portfolio Value
- $1.7B (Q1 2024)
- SEC Filing
- 0001085146-24-002509 ↗ filed May 15, 2024
Holdings Value
Holdings 33 stocks · $1.7B
| RRC Range Resources Corp. | 12.00% | 5,890,000 | $202.8M | No change |
| HCC Warrior Met Coal Inc. | 9.06% | 2,520,838 | $153.0M | Reduce -2.7% |
| SWN Southwestern Energy Co. | 7.87% | 17,548,000 | $133.0M | No change |
| AR Antero Resources Corp. | 6.83% | 3,980,976 | $115.4M | No change |
| DO Diamond Offshore Drilling Inc. | 6.77% | 8,381,000 | $114.3M | Add +21.7% |
| ERF Enerplus Corp. | 6.45% | 5,550,000 | $109.1M | Reduce -19.5% |
| CRK Comstock Resources Inc. | 6.12% | 11,150,000 | $103.5M | Add +18.1% |
| X United States Steel Corp. | 6.11% | 2,530,330 | $103.2M | Add +20.9% |
| ETRN Equitrans Midstream Corp. | 5.62% | 7,603,115 | $95.0M | Reduce -12.6% |
| MT Arcelormittal-NY Registered | 4.15% | 2,540,000 | $70.1M | Add +8.1% |
| NE Noble Corp. PLC | 2.85% | 993,541 | $48.2M | No change |
| VAL Valaris Ltd. | 2.83% | 635,000 | $47.8M | New |
| BTU Peabody Energy Corp. | 2.61% | 1,820,000 | $44.2M | Reduce -0.1% |
| SU Suncor Energy Inc. | 2.33% | 1,066,353 | $39.4M | No change |
| MUR Murphy Oil Corp. | 2.16% | 800,000 | $36.6M | Reduce -14.0% |
| CTRA Coterra Energy Inc. | 2.16% | 1,306,257 | $36.4M | No change |
| PR Permian Resources Corp. Class A | 1.83% | 1,755,591 | $31.0M | No change |
| WRK Westrock Co. | 1.83% | 625,000 | $30.9M | Reduce -17.6% |
| MPC Marathon Petroleum Corp. | 1.31% | 110,000 | $22.2M | No change |
| GPK Graphic Packaging Holding Co. | 1.29% | 746,000 | $21.8M | No change |
| PBR.A Petroleo Brasil-SP Pref ADR | 1.17% | 1,325,000 | $19.7M | Reduce -75.2% |
| VLO Valero Energy Corp. | 1.16% | 115,220 | $19.7M | No change |
| CNX CNX Resources Corp. | 1.12% | 796,358 | $18.9M | No change |
| DINO HF Sinclair Corp. | 1.07% | 299,172 | $18.1M | No change |
| PALL Abrdn Physical Palladium SHS | 0.83% | 150,000 | $14.0M | No change |
| WFG West Fraser Timber Co. Ltd. | 0.69% | 135,000 | $11.7M | Reduce -65.8% |
| CHRD Chord Energy Corp. | 0.53% | 50,000 | $8.9M | Reduce -69.1% |
| PAGP Plains GP Holdings LP | 0.41% | 379,945 | $6.9M | No change |
| OLN Olin Corp. | 0.37% | 105,980 | $6.2M | No change |
| NXE Nexgen Energy Ltd. | 0.21% | 467,000 | $3.6M | New |
| GM General Motors Co. | 0.19% | 70,000 | $3.2M | No change |
| SPPP Sprott Physical Platinum And | 0.04% | 70,030 | $676K | No change |
| ENVX Enovix Corp. | 0.03% | 65,000 | $521K | No change |
Options reported separately and not counted above: RUN puts ($85.7M), PLUG puts ($22.1M), NOVAQ puts ($11.6M).
Portfolio Sells Q4 2023 → Q1 2024
| EQT Eqt Corp. | Sold out | 0.00% | −4.89 |
| PBR.A Petroleo Brasil-SP Pref ADR | Reduce -75.2% | 1.17% | −3.52 |
| CONSOL ENERGY INC | Sold out | 0.00% | −1.73 |
| WFG West Fraser Timber Co. Ltd. | Reduce -65.8% | 0.69% | −1.25 |
| KOS Kosmos Energy Ltd. | Sold out | 0.00% | −1.08 |
| CHRD Chord Energy Corp. | Reduce -69.1% | 0.53% | −1.02 |
| WTI W&T Offshore Inc. | Sold out | 0.00% | −0.86 |
| LPX Louisiana-Pacific Corp. | Sold out | 0.00% | −0.25 |
| MUR Murphy Oil Corp. | Reduce -14.0% | 2.16% | −0.11 |
| VST Vistra Corp. | Sold out | 0.00% | −0.06 |
| HCC Warrior Met Coal Inc. | Reduce -2.7% | 9.06% | −0.00 |
| WRK Westrock Co. | Reduce -17.6% | 1.83% | +0.02 |
| BTU Peabody Energy Corp. | Reduce -0.1% | 2.61% | +0.07 |
| ERF Enerplus Corp. | Reduce -19.5% | 6.45% | +0.39 |
| ETRN Equitrans Midstream Corp. | Reduce -12.6% | 5.62% | +0.54 |