Pilgrim Global Advisors LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Pilgrim Global Advisors LLC reported 4 stock positions worth $529.5 million. Its top holding was Sable Offshore (SOC) at 49.1% of the portfolio, followed by Navios Maritime Partners (NMM, 35.3%) and Transocean (RIG, 10.7%). Compared with Q4 2024, it reduced 3. The biggest sale was Navios Maritime Partners (NMM, shares −2%).

Most Recent 13F
Q2 2026
Location
RENO, NV
CIK
0001963918
Portfolio Value
$529.5M (Q1 2025)
SEC Filing
0000919574-25-003186 ↗ filed May 15, 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 Q4 2024 Q1 2025: $529.5M $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 · $529.5M
SOC Sable Offshore Corp. 49.08% 10,244,375 $259.9M No change
NMM Navios Maritime Partners LP 35.27% 4,761,761 $186.8M Reduce -1.8%
RIG Transocean Ltd. 10.69% 17,849,459 $56.6M Reduce -1.8%
TDW Tidewater Inc. 4.96% 621,623 $26.3M Reduce -1.8%

Portfolio Sells Q4 2024 → Q1 2025
NMM Navios Maritime Partners LP Reduce -1.8% 35.27% −3.09
RIG Transocean Ltd. Reduce -1.8% 10.69% −1.77
TDW Tidewater Inc. Reduce -1.8% 4.96% −1.37

Portfolio Buys Q4 2024 → Q1 2025
None this quarter.

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