Pilgrim Global Advisors LLC In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Pilgrim Global Advisors LLC reported 4 stock positions worth $504.0 million . Its top holding was Navios Maritime Partners (NMM) at 49.2% of the portfolio, followed by Tidewater (TDW, 26.7% ) and Sable Offshore (SOC, 23.9% ). Compared with Q1 2024, it reduced 1. The biggest sale was Tidewater (TDW, shares −18% ).
Location RENO, NV
CIK 0001963918
Portfolio Value $504.0M (Q2 2024) Holdings 4 stocks · $504.0M 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 NMM Navios Maritime Partners LP 4,863,019 $248.2M No change TDW Tidewater Inc. 1,414,142 $134.6M Reduce -17.7% SOC Sable Offshore Corp. 8,000,001 $120.6M No change NE Noble Corp. PLC 14,154 $632K No change
Options reported separately and not counted above: TDW puts ($952K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $3.2M (not counted above) Security Class Shares / Principal Value Change SABLE OFFSHORE CORP *W EXP 02/14/202 750,000 $3.2M Add +200.0%
Total filed on the 13F, all lines: $507.2M.
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 ▲ TDW Tidewater Inc. Reduce -17.7% 26.71% −8.12
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 ▼ None this quarter.
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ NMM Navios Maritime Partners LP put Sold out 135,100 $5.8Mbefore exit TDW Tidewater Inc. put Reduce -50.0% 10,000 $952K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024 Security Class Change vs Q1 2024 Shares / Principal Value ▼ SABLE OFFSHORE CORP *W EXP 02/14/202 Add +200.0% 750,000 $3.2M
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 3 $466.1M NMM, RIG, SOC Q1 2026 3 $772.4M NMM, SOC, RIG Q4 2025 3 $539.8M NMM, SOC, RIG Q3 2025 4 $514.9M NMM, SOC, RIG, TDW Q2 2025 4 $472.8M SOC, NMM, RIG, TDW Q1 2025 4 $529.5M SOC, NMM, RIG, TDW Q4 2024 4 $547.3M SOC, NMM, RIG, TDW Q3 2024 4 $635.4M NMM, SOC, RIG, TDW Q2 2024 4 $504.0M NMM, TDW, SOC, NE Q1 2024 4 $453.7M NMM, TDW, SOC, NE