Pilgrim Global Advisors LLC In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Pilgrim Global Advisors LLC reported 4 stock positions worth $635.4 million . Its top holding was Navios Maritime Partners (NMM) at 47.9% of the portfolio, followed by Sable Offshore (SOC, 32.7% ) and Transocean (RIG, 12.2% ). Compared with Q2 2024, it opened 1 new position, sold out of 1, added to 1 and reduced 1. The biggest buy was a new position in Transocean (RIG) and the biggest sale Tidewater (TDW, shares −55% ).
Location RENO, NV
CIK 0001963918
Portfolio Value $635.4M (Q3 2024) Holdings 4 stocks · $635.4M 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 Q2 2024 NMM Navios Maritime Partners LP 4,863,019 $304.6M No change SOC Sable Offshore Corp. 8,791,001 $207.7M Add +9.9% RIG Transocean Ltd. 18,229,024 $77.5M New TDW Tidewater Inc. 634,842 $45.6M Reduce -55.1%
Other holdings (1): bonds, preferreds, convertibles and warrants · $17.6M (not counted above) Security Class Shares / Principal Value Change SABLE OFFSHORE CORP *W EXP 02/14/202 1,453,374 $17.6M Add +93.8%
Total filed on the 13F, all lines: $652.9M.
Portfolio Sells Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▲ TDW Tidewater Inc. Reduce -55.1% 7.17% −19.54 NE Noble Corp. PLC Sold out 0.00% −0.13
Portfolio Buys Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▼ RIG Transocean Ltd. New 12.19% +12.19 SOC Sable Offshore Corp. Add +9.9% 32.70% +8.77
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ TDW Tidewater Inc. put Sold out 10,000 $952Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024 Security Class Change vs Q2 2024 Shares / Principal Value ▼ SABLE OFFSHORE CORP *W EXP 02/14/202 Add +93.8% 1,453,374 $17.6M
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