In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Luminus Management LLC reported 23 stock positions worth $153.6 million . Its top holding was O-I Glass (OI) at 24.5% of the portfolio, followed by Chemours (CC, 20.4% ) and Battalion Oil (BATL, 13.4% ). Compared with Q1 2024, it opened 7 new positions, sold out of 9, added to 7 and reduced 7. The biggest buy was O-I Glass (OI, shares +189% ) and the biggest sale an exit from Chemours .
Location HOUSTON, TX
CIK 0001279151
Portfolio Value $153.6M (Q2 2024) Holdings 23 stocks · $153.6M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 OI O-I Glass Inc. 3,387,998 $37.7M Add +189.4% CC The Chemours Co. 1,389,154 $31.4M Add +100.9% BATL Battalion Oil Corp. 6,151,448 $20.5M No change TROX Tronox Holdings PLC 959,272 $15.1M Reduce -55.4% BERY Berry Global Group Inc. 188,835 $11.1M Add +84.9% SEE Sealed Air Corp. 211,656 $7.4M Reduce -6.3% ASH Ashland Inc. 74,600 $7.0M Reduce -9.1% OLN Olin Corp. 125,707 $5.9M Reduce -87.8% APD Air Products & Chemicals Inc. 15,526 $4.0M Reduce -8.3% SHW The Sherwin-Williams Co. 11,625 $3.5M New BARCLAYS BANK PLC 230,000 $2.5M Add +80.4% ATEX Anterix Inc. 29,319 $1.2M New PPG PPG Industries Inc. 7,700 $969K New FMC FMC Corp. 14,360 $826K Reduce -46.5% REKR Rekor Systems Inc. 483,390 $749K Add +13.7% SVCO Silvaco Group Inc. 38,354 $690K New LUCD Lucid Diagnostics Inc. 725,825 $595K Add +1.1% AUGX Augmedix Inc. 655,057 $576K Add +381.1% TDOC Teladoc Health Inc. 50,000 $489K New DNA Ginkgo Bioworks Holdings Inc. 1,250,000 $418K New PGY Pagaya Technologies Ltd. Class A 30,229 $386K Reduce -55.2% GLATFELTER CORP 261,198 $363K No change BKKT Bakkt Inc. filed as BAKKT HOLDINGS INC 15,845 $300K New
Options reported separately and not counted above: AIR PRODUCTS AND CHEMICALS I calls ($11.9M), O-I GLASS INC calls ($6.8M), CHEMOURS CO calls ($1.3M).
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ CHEMOURS CO Sold out 0.00% −17.72 TROX Tronox Holdings PLC Reduce -55.4% 9.80% −7.19 OLN Olin Corp. Reduce -87.8% 3.86% −4.69 AIR PRODUCTS AND CHEMICALS I Sold out 0.00% −4.08 AVNT Avient Corp. Sold out 0.00% −2.60 NRG NRG Energy Inc. Sold out 0.00% −1.27 FMC FMC Corp. Reduce -46.5% 0.54% −0.24 BAKKT HOLDINGS INC Sold out 0.00% −0.21 FRSH Freshworks Inc. Class A Sold out 0.00% −0.17 AHCO Adapthealth Corp. Sold out 0.00% −0.16 LAB Standard Biotools Inc. Sold out 0.00% −0.12 PGY Pagaya Technologies Ltd. Class A Reduce -55.2% 0.25% −0.06 CERS Cerus Corp. Sold out 0.00% −0.02 APD Air Products & Chemicals Inc. Reduce -8.3% 2.61% +0.74 ASH Ashland Inc. Reduce -9.1% 4.59% +0.95 SEE Sealed Air Corp. Reduce -6.3% 4.79% +0.97
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▼ OI O-I Glass Inc. Add +189.4% 24.55% +15.71 CC The Chemours Co. Add +100.9% 20.41% +12.15 BERY Berry Global Group Inc. Add +84.9% 7.23% +4.42 SHW The Sherwin-Williams Co. New 2.26% +2.26 BARCLAYS BANK PLC Add +80.4% 1.63% +0.88 ATEX Anterix Inc. New 0.76% +0.76 PPG PPG Industries Inc. New 0.63% +0.63 SVCO Silvaco Group Inc. New 0.45% +0.45 TDOC Teladoc Health Inc. New 0.32% +0.32 DNA Ginkgo Bioworks Holdings Inc. New 0.27% +0.27 BKKT Bakkt Inc. New 0.20% +0.20 LUCD Lucid Diagnostics Inc. Add +1.1% 0.39% +0.12 AUGX Augmedix Inc. Add +381.1% 0.38% +0.12 REKR Rekor Systems Inc. Add +13.7% 0.49% +0.04
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ AIR PRODUCTS AND CHEMICALS I call New 46,000 $11.9M O-I GLASS INC call New 609,500 $6.8M CHEMOURS CO call New 58,300 $1.3M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 30 $146.3M AVNT, OI, CC, SLGN, GXO Q1 2026 24 $165.5M OI, CC, FUL, KWR, AVNT Q4 2025 21 $108.4M OI, VG, SEE, KWR, BATL Q3 2025 19 $111.3M CC, OI, SEE, KEX, KWR Q2 2025 19 $384.2M VG, OI, CC, SEE, KWR Q1 2025 17 $299.2M VG, OI, CC, SEE, BATL Q4 2024 12 $52.5M OI, BATL, CC, BERY, KRO Q3 2024 18 $176.5M BATL, OI, CC, TROX, BERY Q2 2024 23 $153.6M OI, CC, BATL, TROX, BERY Q1 2024 25 $219.8M CHEMOURS CO, TROX, BATL, OI, OLN