Old West Investment Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Old West Investment Management, LLC reported 62 stock positions worth $303.3 million. Its top holding was Nexgen Energy (NXE) at 5.8% of the portfolio, followed by Cameco (CCJ, 5.4%) and Virtu Financial Class A (VIRT, 5.4%). Compared with Q1 2025, it opened 13 new positions, sold out of 10, added to 20 and reduced 15. The biggest buy was a new position in Calavo Growers (CVGW) and the biggest sale an exit from Limoneira (LMNR).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0001549358
- Portfolio Value
- $303.3M (Q2 2025)
- SEC Filing
- 0001941040-25-000456 ↗ filed Aug 8, 2025
Holdings Value
Holdings 62 stocks · $303.3M
| NXE Nexgen Energy Ltd. | 5.80% | 2,534,801 | $17.6M | Add +29.7% |
| CCJ Cameco Corp. | 5.43% | 221,981 | $16.5M | Reduce -24.8% |
| VIRT Virtu Financial Inc. Class A | 5.35% | 362,280 | $16.2M | Reduce -12.4% |
| TMQ Trilogy Metals Inc. | 4.94% | 11,094,426 | $15.0M | Reduce -12.0% |
| AGI Alamos Gold Inc. Class A | 4.50% | 514,367 | $13.7M | Reduce -27.4% |
| BG Bunge Global SA | 4.47% | 169,028 | $13.6M | Add +3.6% |
| LMT Lockheed Martin Corp. | 4.35% | 28,478 | $13.2M | Add +3.0% |
| AEM Agnico Eagle Mines Ltd. | 3.85% | 98,129 | $11.7M | Reduce -8.6% |
| CVGW Calavo Growers Inc. | 3.75% | 427,379 | $11.4M | New |
| GSM Ferroglobe PLC | 3.74% | 3,091,519 | $11.3M | Reduce -10.0% |
| CNQ Canadian Natural Resources | 3.65% | 352,983 | $11.1M | Add +3.1% |
| BRKR Bruker Corp. | 3.19% | 234,844 | $9.7M | Add +740.4% |
| SSNC Ss&c Technologies Holdings | 3.00% | 109,833 | $9.1M | Add +5.2% |
| TMC TMC the Metals Co. Inc. | 2.91% | 1,335,038 | $8.8M | Reduce -68.7% |
| UHAL U-Haul Holding Co. | 2.85% | 142,984 | $8.7M | Add +5.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.81% | 17,571 | $8.5M | Add +2.8% |
| ELAN Elanco Animal Health Inc. | 2.00% | 425,342 | $6.1M | Add +4.3% |
| CDRE Cadre Holdings Inc. | 1.96% | 187,111 | $6.0M | Reduce -13.2% |
| GMED Globus Medical Inc. Class A | 1.87% | 96,252 | $5.7M | Reduce -20.7% |
| ENVX Enovix Corp. | 1.85% | 542,797 | $5.6M | Reduce -35.0% |
| KW Kennedy-Wilson Holdings Inc. | 1.63% | 726,430 | $4.9M | Add +13.3% |
| EWBC East West Bancorp Inc. | 1.59% | 47,795 | $4.8M | No change |
| VRT Vertiv Holdings Co. Class A | 1.52% | 35,967 | $4.6M | Add +5.8% |
| JOE The St Joe Co. | 1.50% | 95,484 | $4.6M | Add +2.1% |
| GNE Genie Energy Ltd. Class B | 1.42% | 160,600 | $4.3M | No change |
| OII Oceaneering Intl Inc. | 1.34% | 196,637 | $4.1M | Reduce -25.3% |
| HCC Warrior Met Coal Inc. | 1.20% | 79,201 | $3.6M | Add +11.6% |
| ALLE Allegion PLC | 1.18% | 24,767 | $3.6M | New |
| BLDR Builders Firstsource Inc. | 1.12% | 29,005 | $3.4M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.11% | 71,334 | $3.4M | No change |
| ALB Albemarle Corp. | 1.11% | 53,817 | $3.4M | Add +19.4% |
| FCX Freeport-McMoran Inc. | 1.08% | 75,752 | $3.3M | Add +7.4% |
| ASML ASML Holding NV-NY Reg SHS | 1.07% | 4,040 | $3.2M | Add +74.1% |
| SIRI Sirius XM Holdings Inc. | 1.06% | 140,367 | $3.2M | New |
| VAL Valaris Ltd. | 0.94% | 67,569 | $2.8M | Add +1.1% |
| TDW Tidewater Inc. | 0.91% | 59,914 | $2.8M | Add +1.1% |
| GTLS Chart Industries Inc. | 0.90% | 16,568 | $2.7M | New |
| AAPL Apple Inc. | 0.87% | 12,914 | $2.6M | No change |
| MUR Murphy Oil Corp. | 0.74% | 100,000 | $2.3M | No change |
| NE Noble Corp. PLC | 0.60% | 68,113 | $1.8M | New |
| CAT Caterpillar Inc. | 0.57% | 4,458 | $1.7M | No change |
| GLNG Golar LNG Ltd. | 0.51% | 37,397 | $1.5M | New |
| MP MP Materials Corp. | 0.44% | 40,070 | $1.3M | Reduce -48.4% |
| DNN Denison Mines Corp. | 0.42% | 694,614 | $1.3M | Add +70.1% |
| AMR Alpha Metallurgical Resource | 0.37% | 10,053 | $1.1M | Reduce -56.0% |
| LEU Centrus Energy Corp. Class A | 0.36% | 5,920 | $1.1M | Reduce -2.0% |
| FLR Fluor Corp. | 0.26% | 15,450 | $792K | New |
| MKSI MKS Inc. | 0.22% | 6,794 | $675K | New |
| WFC Wells Fargo & Co. | 0.21% | 8,037 | $644K | No change |
| IPGP Ipg Photonics Corp. | 0.20% | 8,757 | $601K | New |
| VECO Veeco Instruments Inc. | 0.20% | 29,518 | $600K | New |
| ERII Energy Recovery Inc. | 0.18% | 41,577 | $531K | Reduce -0.4% |
| WM Waste Management Inc. | 0.15% | 1,952 | $447K | No change |
| BA The Boeing Co. | 0.12% | 1,788 | $375K | Add +13.3% |
| GLD SPDR Gold Shares | 0.10% | 1,000 | $305K | No change |
| LOW Lowe's Cos Inc. | 0.10% | 1,334 | $296K | No change |
| GOOG Alphabet Inc. Class C | 0.08% | 1,400 | $248K | No change |
| GOOGL Alphabet Inc. Class A | 0.08% | 1,400 | $247K | No change |
| F Ford Motor Co. filed as FORD MTR CO | 0.08% | 22,660 | $246K | No change |
| SGML Sigma Lithium Corp. | 0.08% | 51,601 | $232K | New |
| RTX RTX Corp. | 0.08% | 1,559 | $228K | No change |
| URG Ur-Energy Inc. | 0.01% | 16,897 | $18K | New |
Portfolio Sells Q1 2025 → Q2 2025
| LMNR Limoneira Co. | Sold out | 0.00% | −2.81 |
| AGI Alamos Gold Inc. Class A | Reduce -27.4% | 4.50% | −2.33 |
| TMQ Trilogy Metals Inc. | Reduce -12.0% | 4.94% | −2.14 |
| GMED Globus Medical Inc. Class A | Reduce -20.7% | 1.87% | −1.33 |
| FOLD Amicus Therapeutics Inc. | Sold out | 0.00% | −1.18 |
| B Barrick Gold Corp. | Sold out | 0.00% | −1.05 |
| APLS Apellis Pharmaceuticals Inc. | Sold out | 0.00% | −1.01 |
| GSM Ferroglobe PLC | Reduce -10.0% | 3.74% | −0.86 |
| OII Oceaneering Intl Inc. | Reduce -25.3% | 1.34% | −0.73 |
| AMR Alpha Metallurgical Resource | Reduce -56.0% | 0.37% | −0.66 |
| BTU Peabody Energy Corp. | Sold out | 0.00% | −0.56 |
| SMRT Smartrent Inc. | Sold out | 0.00% | −0.44 |
| ENVX Enovix Corp. | Reduce -35.0% | 1.85% | −0.36 |
| AEM Agnico Eagle Mines Ltd. | Reduce -8.6% | 3.85% | −0.35 |
| CDRE Cadre Holdings Inc. | Reduce -13.2% | 1.96% | −0.34 |
| VIRT Virtu Financial Inc. Class A | Reduce -12.4% | 5.35% | −0.34 |
| LIONS GATE ENTMNT CORP | Sold out | 0.00% | −0.27 |
| MP MP Materials Corp. | Reduce -48.4% | 0.44% | −0.24 |
| CLAR Clarus Corp. | Sold out | 0.00% | −0.21 |
| LAR Lithium Argentina AG | Sold out | 0.00% | −0.09 |
| ERII Energy Recovery Inc. | Reduce -0.4% | 0.18% | −0.06 |
| IRWD Ironwood Pharmaceuticals Inc. | Sold out | 0.00% | −0.06 |
| LEU Centrus Energy Corp. Class A | Reduce -2.0% | 0.36% | +0.22 |
| TMC TMC the Metals Co. Inc. | Reduce -68.7% | 2.91% | +0.26 |
| CCJ Cameco Corp. | Reduce -24.8% | 5.43% | +1.05 |
Portfolio Buys Q1 2025 → Q2 2025
| CVGW Calavo Growers Inc. | New | 3.75% | +3.75 |
| BRKR Bruker Corp. | Add +740.4% | 3.19% | +2.77 |
| NXE Nexgen Energy Ltd. | Add +29.7% | 5.80% | +2.64 |
| ALLE Allegion PLC | New | 1.18% | +1.18 |
| BLDR Builders Firstsource Inc. | New | 1.12% | +1.12 |
| SIRI Sirius XM Holdings Inc. | New | 1.06% | +1.06 |
| GTLS Chart Industries Inc. | New | 0.90% | +0.90 |
| VRT Vertiv Holdings Co. Class A | Add +5.8% | 1.52% | +0.64 |
| NE Noble Corp. PLC | New | 0.60% | +0.60 |
| ASML ASML Holding NV-NY Reg SHS | Add +74.1% | 1.07% | +0.51 |
| GLNG Golar LNG Ltd. | New | 0.51% | +0.51 |
| ELAN Elanco Animal Health Inc. | Add +4.3% | 2.00% | +0.46 |
| FLR Fluor Corp. | New | 0.26% | +0.26 |
| DNN Denison Mines Corp. | Add +70.1% | 0.42% | +0.23 |
| MKSI MKS Inc. | New | 0.22% | +0.22 |
| IPGP Ipg Photonics Corp. | New | 0.20% | +0.20 |
| VECO Veeco Instruments Inc. | New | 0.20% | +0.20 |
| FCX Freeport-McMoran Inc. | Add +7.4% | 1.08% | +0.12 |
| SGML Sigma Lithium Corp. | New | 0.08% | +0.08 |
| BA The Boeing Co. | Add +13.3% | 0.12% | +0.03 |
| TDW Tidewater Inc. | Add +1.1% | 0.91% | +0.01 |
| URG Ur-Energy Inc. | New | 0.01% | +0.01 |
| VAL Valaris Ltd. | Add +1.1% | 0.94% | −0.01 |
| BG Bunge Global SA | Add +3.6% | 4.47% | −0.03 |
| HCC Warrior Met Coal Inc. | Add +11.6% | 1.20% | −0.03 |
| ALB Albemarle Corp. | Add +19.4% | 1.11% | −0.06 |
| JOE The St Joe Co. | Add +2.1% | 1.50% | −0.08 |
| LMT Lockheed Martin Corp. | Add +3.0% | 4.35% | −0.11 |
| CNQ Canadian Natural Resources | Add +3.1% | 3.65% | −0.15 |
| SSNC Ss&c Technologies Holdings | Add +5.2% | 3.00% | −0.15 |
| UHAL U-Haul Holding Co. | Add +5.5% | 2.85% | −0.34 |
| KW Kennedy-Wilson Holdings Inc. | Add +13.3% | 1.63% | −0.38 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.8% | 2.81% | −0.47 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 124 | $944.2M | BRKR, OII, TDW, LMT, ILMN |
| Q1 2026 | 123 | $922.6M | TDW, CNR, LMT, NTR, CNQ |
| Q4 2025 | 102 | $560.2M | BRKR, CNQ, LMT, NXE, TMQ |
| Q3 2025 | 86 | $436.0M | TMQ, NXE, LMT, BRKR, CCJ |
| Q2 2025 | 62 | $303.3M | NXE, CCJ, VIRT, TMQ, AGI |
| Q1 2025 | 59 | $277.2M | TMQ, AGI, VIRT, GSM, BG |
| Q4 2024 | 55 | $246.8M | VIRT, CCJ, LMT, AGI, CNQ |
| Q3 2024Amended | 58 | $258.6M | VIRT, LMT, GSM, CCJ, B |
| Q2 2024 | 58 | $226.7M | LMNR, VIRT, ENVX, CCJ, BG |
| Q1 2024 | 53 | $197.8M | B, LMNR, VIRT, SMRT, BG |