LSP Investment Advisors, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), LSP Investment Advisors, LLC reported 18 stock positions worth $108.9 million. Its top holding was Expand Energy (EXE) at 26.8% of the portfolio, followed by Eqt (EQT, 25.9%) and Gulfport Energy (GPOR, 15.4%). Compared with Q1 2026, it sold out of 1 and reduced 14. The biggest sale was SS SPDR S&P 500 ETF Trust-US (SPY, shares −55%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001728850
- Portfolio Value
- $108.9M (Q2 2026)
- SEC Filing
- 0001172661-26-003807 ↗ filed Aug 14, 2026
Holdings Value
Holdings 18 stocks · $108.9M
| EXE Expand Energy Corp. | 26.78% | 319,717 | $29.2M | No change |
| EQT Eqt Corp. | 25.90% | 530,300 | $28.2M | No change |
| GPOR Gulfport Energy Corp. | 15.40% | 98,800 | $16.8M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.58% | 8,152 | $6.1M | Reduce -55.1% |
| GOOG Alphabet Inc. Class C | 5.11% | 15,734 | $5.6M | Reduce -26.5% |
| EEM iShares MSCI Emerging Market | 5.03% | 80,012 | $5.5M | Reduce -26.5% |
| GDX Vaneck Gold Miners ETF | 3.59% | 51,832 | $3.9M | Reduce -26.5% |
| IWM iShares Russell 2000 ETF | 3.15% | 11,396 | $3.4M | Reduce -26.5% |
| AMZN Amazon.com Inc. | 2.29% | 10,440 | $2.5M | Reduce -26.5% |
| MSFT Microsoft Corp. | 2.09% | 6,088 | $2.3M | Reduce -26.5% |
| EWJ iShares MSCI Japan ETF | 1.89% | 22,056 | $2.1M | Reduce -26.5% |
| GDXJ Vaneck Junior Gold Miners | 0.90% | 9,988 | $981K | Reduce -26.5% |
| EXC Exelon Corp. | 0.49% | 11,520 | $537K | Reduce -13.2% |
| CNP Centerpoint Energy Inc. | 0.48% | 11,948 | $526K | Reduce -26.5% |
| HOOD Robinhood Markets Inc. Class A | 0.40% | 4,364 | $438K | No change |
| CEG Constellation Energy | 0.37% | 1,624 | $403K | Reduce -26.4% |
| PEG Public Service Enterprise GP | 0.29% | 3,934 | $319K | Reduce -26.5% |
| DUK Duke Energy Corp. | 0.26% | 2,250 | $285K | Reduce -26.5% |
Portfolio Sells Q1 2026 → Q2 2026
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -55.1% | 5.58% | −2.99 |
| GDX Vaneck Gold Miners ETF | Reduce -26.5% | 3.59% | −1.11 |
| GDXJ Vaneck Junior Gold Miners | Reduce -26.5% | 0.90% | −0.28 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.15 |
| MSFT Microsoft Corp. | Reduce -26.5% | 2.09% | −0.14 |
| CEG Constellation Energy | Reduce -26.4% | 0.37% | −0.08 |
| DUK Duke Energy Corp. | Reduce -26.5% | 0.26% | −0.03 |
| CNP Centerpoint Energy Inc. | Reduce -26.5% | 0.48% | −0.03 |
| PEG Public Service Enterprise GP | Reduce -26.5% | 0.29% | −0.02 |
| EXC Exelon Corp. | Reduce -13.2% | 0.49% | +0.02 |
| EWJ iShares MSCI Japan ETF | Reduce -26.5% | 1.89% | +0.05 |
| AMZN Amazon.com Inc. | Reduce -26.5% | 2.29% | +0.14 |
| IWM iShares Russell 2000 ETF | Reduce -26.5% | 3.15% | +0.35 |
| EEM iShares MSCI Emerging Market | Reduce -26.5% | 5.03% | +0.54 |
| GOOG Alphabet Inc. Class C | Reduce -26.5% | 5.11% | +0.65 |
Portfolio Buys Q1 2026 → Q2 2026
| None this quarter. | |||
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 18 | $108.9M | EXE, EQT, GPOR, SPY, GOOG |
| Q1 2026 | 19 | $137.7M | EXE, EQT, GPOR, SPY, GDX |
| Q4 2025 | 21 | $188.1M | EXE, EQT, GPOR, SPY, CRK |
| Q3 2025 | 22 | $166.4M | EQT, SPY, EXE, GPOR, CRK |
| Q2 2025 | 20 | $139.4M | SPY, EQT, EXE, CRK, EEM |
| Q1 2025 | 21 | $116.4M | SPY, EQT, EXE, EEM, AR |
| Q4 2024 | 21 | $143.3M | XEL, SPY, EXE, SM, EEM |
| Q3 2024 | 26 | $185.7M | XEL, SPY, ARCH, BATL, EXE |
| Q2 2024 | 27 | $176.1M | SPY, ARCH, XEL, VTLE, SM |
| Q1 2024 | 26 | $185.5M | ARCH, SPY, XEL, BATL, SM |