Pilgrim Global Advisors LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Pilgrim Global Advisors LLC reported 4 stock positions worth $547.3 million. Its top holding was Sable Offshore (SOC) at 42.9% of the portfolio, followed by Navios Maritime Partners (NMM, 38.4%) and Transocean (RIG, 12.5%). Compared with Q3 2024, it added to 1 and reduced 3. The biggest buy was Sable Offshore (SOC, shares +17%) and the biggest sale Navios Maritime Partners (NMM, shares −0%).

Most Recent 13F
Q2 2026
Location
RENO, NV
CIK
0001963918
Portfolio Value
$547.3M (Q4 2024)
SEC Filing
0000919574-25-001425 ↗ filed Feb 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $453.7M Q1 2024 Q2 2024: $504.0M Q2 2024 Q3 2024: $635.4M Q3 2024 Q4 2024: $547.3M $547.3M Q4 2024 Q1 2025: $529.5M Q1 2025 Q2 2025: $472.8M Q2 2025 Q3 2025: $514.9M Q3 2025 Q4 2025: $539.8M Q4 2025 Q1 2026: $772.4M Q1 2026 Q2 2026: $466.1M Q2 2026

Holdings 4 stocks · $547.3M
SOC Sable Offshore Corp. 42.86% 10,244,375 $234.6M Add +16.5%
NMM Navios Maritime Partners LP 38.36% 4,849,355 $209.9M Reduce -0.3%
RIG Transocean Ltd. 12.45% 18,177,804 $68.2M Reduce -0.3%
TDW Tidewater Inc. 6.33% 633,058 $34.6M Reduce -0.3%

Portfolio Sells Q3 2024 → Q4 2024
NMM Navios Maritime Partners LP Reduce -0.3% 38.36% −9.58
TDW Tidewater Inc. Reduce -0.3% 6.33% −0.85
RIG Transocean Ltd. Reduce -0.3% 12.45% +0.26

Portfolio Buys Q3 2024 → Q4 2024
SOC Sable Offshore Corp. Add +16.5% 42.86% +10.17

Notes & Other Activity Q3 2024 → Q4 2024
SABLE OFFSHORE CORP *W EXP 02/14/202 Sold out 1,453,374 $17.6Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 3$466.1MNMM, RIG, SOC
Q1 2026 3$772.4MNMM, SOC, RIG
Q4 2025 3$539.8MNMM, SOC, RIG
Q3 2025 4$514.9MNMM, SOC, RIG, TDW
Q2 2025 4$472.8MSOC, NMM, RIG, TDW
Q1 2025 4$529.5MSOC, NMM, RIG, TDW
Q4 2024 4$547.3MSOC, NMM, RIG, TDW
Q3 2024 4$635.4MNMM, SOC, RIG, TDW
Q2 2024 4$504.0MNMM, TDW, SOC, NE
Q1 2024 4$453.7MNMM, TDW, SOC, NE