Sagefield Capital LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Sagefield Capital LP reported 109 stock positions worth $894.3 million. Its top holding was Expand Energy (EXE) at 8.7% of the portfolio, followed by Permian Resources Class A (PR, 5.9%) and Matador Resources (MTDR, 5.1%). Compared with Q2 2025, it opened 47 new positions, sold out of 28, added to 37 and reduced 25. The biggest buy was Apa (APA, shares +356%) and the biggest sale an exit from Hess (HES).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001771179
- Portfolio Value
- $894.3M (Q3 2025)
- SEC Filing
- 0001771179-25-000013 ↗ filed Nov 14, 2025
Holdings Value
Holdings 109 stocks · $894.3M
| EXE Expand Energy Corp. | 8.68% | 730,670 | $77.6M | Add +44.5% |
| PR Permian Resources Corp. Class A | 5.94% | 4,150,732 | $53.1M | Reduce -0.1% |
| MTDR Matador Resources Co. | 5.12% | 1,018,834 | $45.8M | Reduce -1.2% |
| COP Conocophillips | 4.48% | 423,763 | $40.1M | Add +23.0% |
| XOM Exxon Mobil Corp. | 4.40% | 349,123 | $39.4M | Add +159.0% |
| APA Apa Corp. | 3.36% | 1,237,463 | $30.0M | Add +355.7% |
| RRC Range Resources Corp. | 3.17% | 752,343 | $28.3M | Add +18.1% |
| VLO Valero Energy Corp. | 3.15% | 165,221 | $28.1M | Add +94.0% |
| OVV Ovintiv Inc. | 2.70% | 597,923 | $24.1M | Add +10.4% |
| SDRL Seadrill Limited | 2.57% | 761,486 | $23.0M | Add +13.6% |
| FTI Technipfmc PLC | 2.47% | 560,815 | $22.1M | Reduce -15.1% |
| WMB Williams Cos Inc. | 2.42% | 341,300 | $21.6M | Add +2.7% |
| WFRD Weatherford International PL | 2.25% | 293,785 | $20.1M | Add +3.4% |
| SHEL Shell PLC-ADR | 2.22% | 277,956 | $19.9M | New |
| CCJ Cameco Corp. | 1.85% | 197,086 | $16.5M | Add +3.1% |
| GLNG Golar LNG Ltd. | 1.60% | 353,729 | $14.3M | Reduce -14.5% |
| OII Oceaneering Intl Inc. | 1.41% | 509,618 | $12.6M | Add +25.9% |
| SEI Solaris Energy Infrastructur | 1.35% | 302,766 | $12.1M | Reduce -38.7% |
| DVN Devon Energy Corp. | 1.23% | 312,677 | $11.0M | Add +276.3% |
| CASY Casey's General Stores Inc. | 1.22% | 19,285 | $10.9M | New |
| PPL PPL Corp. | 1.22% | 293,036 | $10.9M | Add +1.7% |
| SAIA Saia Inc. | 1.21% | 36,275 | $10.9M | Reduce -5.0% |
| SRE Sempra | 1.20% | 118,874 | $10.7M | Add +29.2% |
| DAR Darling Ingredients Inc. | 1.17% | 338,077 | $10.4M | Add +817.7% |
| SO The Southern Co. | 1.17% | 109,997 | $10.4M | Add +7.9% |
| XPRO Expro Group Holdings NV | 1.10% | 830,595 | $9.9M | Add +16.4% |
| DINO HF Sinclair Corp. | 1.07% | 183,617 | $9.6M | New |
| EVRG Evergy Inc. | 0.98% | 115,165 | $8.8M | Reduce -1.6% |
| BG Bunge Global SA | 0.97% | 106,859 | $8.7M | New |
| TLN Talen Energy Corp. | 0.97% | 20,301 | $8.6M | Reduce -60.8% |
| MLM Martin Marietta Materials | 0.95% | 13,410 | $8.5M | Reduce -28.5% |
| HP Helmerich & Payne | 0.93% | 376,450 | $8.3M | New |
| VST Vistra Corp. | 0.92% | 42,120 | $8.3M | Reduce -43.4% |
| KMI Kinder Morgan Inc. | 0.92% | 289,971 | $8.2M | New |
| PNW Pinnacle West Capital | 0.86% | 86,231 | $7.7M | Add +7.9% |
| CIVI Civitas Resources Inc. | 0.86% | 236,565 | $7.7M | Add +78.8% |
| BP BP PLC-Spons ADR | 0.84% | 219,175 | $7.6M | Add +72.8% |
| WEC WEC Energy Group Inc. | 0.76% | 59,142 | $6.8M | Add +8.0% |
| CEG Constellation Energy | 0.74% | 20,034 | $6.6M | Add +546.7% |
| ETN Eaton Corp. PLC | 0.66% | 15,768 | $5.9M | Add +247.3% |
| UNP Union Pacific Corp. | 0.65% | 24,710 | $5.8M | New |
| RAL Ralliant Corp. | 0.65% | 133,148 | $5.8M | New |
| LNT Alliant Energy Corp. | 0.65% | 86,127 | $5.8M | Add +7.9% |
| ATI Ati Inc. | 0.63% | 69,557 | $5.7M | Add +497.5% |
| DTM DT Midstream Inc. | 0.62% | 49,364 | $5.6M | New |
| SHW The Sherwin-Williams Co. | 0.59% | 15,174 | $5.3M | Add +3.3% |
| AEP American Electric Power | 0.56% | 44,170 | $5.0M | Reduce -48.5% |
| DK Delek US Holdings Inc. | 0.55% | 153,222 | $4.9M | New |
| LPX Louisiana-Pacific Corp. | 0.52% | 51,861 | $4.6M | Reduce -13.8% |
| TXNM TXNM Energy Inc. | 0.51% | 80,592 | $4.6M | Reduce -64.6% |
| BKR Baker Hughes Co. | 0.51% | 93,418 | $4.6M | New |
| SU Suncor Energy Inc. | 0.49% | 105,605 | $4.4M | New |
| CYBR Cyberark Software Ltd./Israel | 0.49% | 9,100 | $4.4M | New |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 0.49% | 68,900 | $4.4M | New |
| VRNA Verona Pharma Ltd. | 0.49% | 40,913 | $4.4M | New |
| PCG P G & E Corp. | 0.49% | 288,792 | $4.4M | Reduce -6.3% |
| GEV GE Vernova Inc. | 0.46% | 6,724 | $4.1M | Reduce -48.2% |
| CNM Core & Main Inc. Class A | 0.43% | 71,773 | $3.9M | Reduce -20.1% |
| SAND Sandstorm Gold Ltd. | 0.42% | 298,431 | $3.7M | New |
| NE Noble Corp. PLC | 0.41% | 130,583 | $3.7M | Reduce -27.6% |
| TALO Talos Energy Inc. | 0.40% | 374,865 | $3.6M | New |
| WNS WNS Holdings Ltd. filed as WNS HLDGS LTD | 0.39% | 45,500 | $3.5M | New |
| CARR Carrier Global Corp. | 0.39% | 57,724 | $3.4M | Reduce -13.0% |
| PEG Public Service Enterprise GP | 0.38% | 40,294 | $3.4M | New |
| VBTX Veritex Holdings Inc. | 0.38% | 100,068 | $3.4M | New |
| VG Venture Global Inc. Class A | 0.36% | 229,182 | $3.3M | New |
| FYBR Frontier Communications Pare | 0.36% | 85,400 | $3.2M | Add +225.9% |
| HE Hawaiian Electric Inds | 0.34% | 275,381 | $3.0M | Add +7.9% |
| HBI Hanesbrands Inc. | 0.33% | 445,056 | $2.9M | New |
| FERG Ferguson Enterprises Inc. | 0.30% | 12,018 | $2.7M | Reduce -56.4% |
| CNP Centerpoint Energy Inc. | 0.30% | 69,085 | $2.7M | Add +7.9% |
| IPG Interpublic Group of Cos Inc. | 0.29% | 94,500 | $2.6M | Add +176.3% |
| PPC Pilgrim's Pride Corp. | 0.29% | 64,656 | $2.6M | New |
| LEN Lennar Corp. Class A | 0.26% | 18,393 | $2.3M | Reduce -66.4% |
| COOP Mr Cooper Group Inc. | 0.25% | 10,746 | $2.3M | New |
| PREMIER INC-CLASS A | 0.25% | 80,000 | $2.2M | New |
| OGE Oge Energy Corp. | 0.24% | 45,708 | $2.1M | Add +7.9% |
| CW Curtiss-Wright Corp. | 0.22% | 3,569 | $1.9M | Add +124.6% |
| RRX Regal Rexnord Corp. | 0.21% | 13,247 | $1.9M | New |
| AAL American Airlines Group Inc. | 0.21% | 167,989 | $1.9M | Reduce -20.6% |
| AUR Aurora Innovation Inc. | 0.20% | 338,029 | $1.8M | Reduce -22.7% |
| RIVN Rivian Automotive Inc. Class A | 0.15% | 91,172 | $1.3M | Reduce -39.4% |
| HCC Warrior Met Coal Inc. | 0.15% | 20,509 | $1.3M | New |
| ETNB 89BIO Inc. | 0.15% | 88,300 | $1.3M | New |
| AMWD American Woodmark Corp. | 0.14% | 19,087 | $1.3M | New |
| PBR Petroleo Brasileiro-Spon ADR | 0.14% | 95,526 | $1.2M | New |
| ACDC Profrac Holding Corp. Class A | 0.11% | 261,971 | $969K | Add +135.9% |
| HONE Harborone Bancorp Inc. | 0.11% | 70,665 | $961K | Reduce -41.3% |
| FDX FedEx Corp. | 0.10% | 3,794 | $895K | Reduce -63.2% |
| PHLT Performant Healthcare Inc. | 0.09% | 101,481 | $784K | New |
| GHLD Guild Holdings Co. Class A | 0.08% | 37,297 | $744K | New |
| ALE Allete Inc. | 0.08% | 10,400 | $691K | New |
| PRO Pros Holdings Inc. | 0.08% | 30,000 | $687K | New |
| FLNC Fluence Energy Inc. | 0.08% | 63,550 | $686K | Add +15.2% |
| PBPB Potbelly Corp. | 0.07% | 35,110 | $598K | New |
| NSC Norfolk Southern Corp. | 0.06% | 1,900 | $571K | New |
| AWK American Water Works Co. Inc. | 0.06% | 3,754 | $523K | Add +7.6% |
| VMEO Vimeo Inc. | 0.05% | 62,889 | $487K | New |
| K Kellanova | 0.05% | 5,400 | $443K | New |
| MRUS Merus NV | 0.05% | 4,700 | $443K | New |
Portfolio Sells Q2 2025 → Q3 2025
| HES Hess Corp. | Sold out | 0.00% | −5.78 |
| PR Permian Resources Corp. Class A | Reduce -0.1% | 5.94% | −1.97 |
| MTDR Matador Resources Co. | Reduce -1.2% | 5.12% | −1.76 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −1.37 |
| TXNM TXNM Energy Inc. | Reduce -64.6% | 0.51% | −1.28 |
| TLN Talen Energy Corp. | Reduce -60.8% | 0.97% | −1.14 |
| VST Vistra Corp. | Reduce -43.4% | 0.92% | −1.09 |
| GLNG Golar LNG Ltd. | Reduce -14.5% | 1.60% | −0.78 |
| FTI Technipfmc PLC | Reduce -15.1% | 2.47% | −0.71 |
| AEP American Electric Power | Reduce -48.5% | 0.56% | −0.69 |
| SEI Solaris Energy Infrastructur | Reduce -38.7% | 1.35% | −0.60 |
| LEN Lennar Corp. Class A | Reduce -66.4% | 0.26% | −0.59 |
| STR Sitio Royalties Corp. Class A | Sold out | 0.00% | −0.55 |
| ESGR Enstar Group Ltd. | Sold out | 0.00% | −0.54 |
| FERG Ferguson Enterprises Inc. | Reduce -56.4% | 0.30% | −0.54 |
| MAG Mag Silver Corp. | Sold out | 0.00% | −0.52 |
| ECL Ecolab Inc. | Sold out | 0.00% | −0.51 |
| GEV GE Vernova Inc. | Reduce -48.2% | 0.46% | −0.50 |
| CSX CSX Corp. | Sold out | 0.00% | −0.50 |
| MLM Martin Marietta Materials | Reduce -28.5% | 0.95% | −0.49 |
| BROOKLINE BANCORP INC | Sold out | 0.00% | −0.43 |
| AVDX Avidxchange Holdings Inc. | Sold out | 0.00% | −0.43 |
| CTLP Cantaloupe Inc. | Sold out | 0.00% | −0.38 |
| CNM Core & Main Inc. Class A | Reduce -20.1% | 0.43% | −0.33 |
| ETWO E2OPEN Parent Holdings Inc. | Sold out | 0.00% | −0.30 |
| CARR Carrier Global Corp. | Reduce -13.0% | 0.39% | −0.29 |
| MTZ Mastec Inc. | Sold out | 0.00% | −0.29 |
| NE Noble Corp. PLC | Reduce -27.6% | 0.41% | −0.26 |
| SAIA Saia Inc. | Reduce -5.0% | 1.21% | −0.25 |
| FDX FedEx Corp. | Reduce -63.2% | 0.10% | −0.23 |
| DNB Dun & Bradstreet Holdings Inc. | Sold out | 0.00% | −0.22 |
| BA The Boeing Co. | Sold out | 0.00% | −0.22 |
| LPX Louisiana-Pacific Corp. | Reduce -13.8% | 0.52% | −0.21 |
| TGI Triumph Group Inc. | Sold out | 0.00% | −0.20 |
| PPBI Pacific Premier Bancorp Inc. | Sold out | 0.00% | −0.18 |
| BPMC Blueprint Medicines Corp. | Sold out | 0.00% | −0.17 |
| INFA Informatica Inc. Class A | Sold out | 0.00% | −0.17 |
| EVRG Evergy Inc. | Reduce -1.6% | 0.98% | −0.15 |
| CHRW C.H. Robinson Worldwide Inc. | Sold out | 0.00% | −0.15 |
| NVEE NV5 Global Inc. | Sold out | 0.00% | −0.14 |
| RIVN Rivian Automotive Inc. Class A | Reduce -39.4% | 0.15% | −0.14 |
| ICAD Icad Inc. | Sold out | 0.00% | −0.13 |
| SATX Satixfy Communications Ltd. | Sold out | 0.00% | −0.12 |
| AAL American Airlines Group Inc. | Reduce -20.6% | 0.21% | −0.12 |
| AUR Aurora Innovation Inc. | Reduce -22.7% | 0.20% | −0.12 |
| PCG P G & E Corp. | Reduce -6.3% | 0.49% | −0.11 |
| HONE Harborone Bancorp Inc. | Reduce -41.3% | 0.11% | −0.09 |
| RDUS Radius Recycling Inc. Class A | Sold out | 0.00% | −0.08 |
| PRA Proassurance Corp. | Sold out | 0.00% | −0.08 |
| FL Foot Locker Inc. | Sold out | 0.00% | −0.07 |
Portfolio Buys Q2 2025 → Q3 2025
| APA Apa Corp. | Add +355.7% | 3.36% | +2.67 |
| XOM Exxon Mobil Corp. | Add +159.0% | 4.40% | +2.37 |
| SHEL Shell PLC-ADR | New | 2.22% | +2.22 |
| VLO Valero Energy Corp. | Add +94.0% | 3.15% | +1.54 |
| CASY Casey's General Stores Inc. | New | 1.22% | +1.22 |
| DINO HF Sinclair Corp. | New | 1.07% | +1.07 |
| DAR Darling Ingredients Inc. | Add +817.7% | 1.17% | +0.97 |
| BG Bunge Global SA | New | 0.97% | +0.97 |
| HP Helmerich & Payne | New | 0.93% | +0.93 |
| KMI Kinder Morgan Inc. | New | 0.92% | +0.92 |
| DVN Devon Energy Corp. | Add +276.3% | 1.23% | +0.86 |
| UNP Union Pacific Corp. | New | 0.65% | +0.65 |
| RAL Ralliant Corp. | New | 0.65% | +0.65 |
| DTM DT Midstream Inc. | New | 0.62% | +0.62 |
| CEG Constellation Energy | Add +546.7% | 0.74% | +0.60 |
| DK Delek US Holdings Inc. | New | 0.55% | +0.55 |
| BKR Baker Hughes Co. | New | 0.51% | +0.51 |
| SU Suncor Energy Inc. | New | 0.49% | +0.49 |
| ATI Ati Inc. | Add +497.5% | 0.63% | +0.49 |
| CYBR Cyberark Software Ltd./Israel | New | 0.49% | +0.49 |
| AL Sumisho Air Lease Corp. | New | 0.49% | +0.49 |
| VRNA Verona Pharma Ltd. | New | 0.49% | +0.49 |
| ETN Eaton Corp. PLC | Add +247.3% | 0.66% | +0.43 |
| SAND Sandstorm Gold Ltd. | New | 0.42% | +0.42 |
| EXE Expand Energy Corp. | Add +44.5% | 8.68% | +0.41 |
| TALO Talos Energy Inc. | New | 0.40% | +0.40 |
| WNS WNS Holdings Ltd. | New | 0.39% | +0.39 |
| PEG Public Service Enterprise GP | New | 0.38% | +0.38 |
| VBTX Veritex Holdings Inc. | New | 0.38% | +0.38 |
| VG Venture Global Inc. Class A | New | 0.36% | +0.36 |
| CIVI Civitas Resources Inc. | Add +78.8% | 0.86% | +0.35 |
| HBI Hanesbrands Inc. | New | 0.33% | +0.33 |
| BP BP PLC-Spons ADR | Add +72.8% | 0.84% | +0.31 |
| PPC Pilgrim's Pride Corp. | New | 0.29% | +0.29 |
| COOP Mr Cooper Group Inc. | New | 0.25% | +0.25 |
| WFRD Weatherford International PL | Add +3.4% | 2.25% | +0.25 |
| PREMIER INC-CLASS A | New | 0.25% | +0.25 |
| XPRO Expro Group Holdings NV | Add +16.4% | 1.10% | +0.25 |
| OII Oceaneering Intl Inc. | Add +25.9% | 1.41% | +0.24 |
| FYBR Frontier Communications Pare | Add +225.9% | 0.36% | +0.22 |
| SRE Sempra | Add +29.2% | 1.20% | +0.22 |
| RRX Regal Rexnord Corp. | New | 0.21% | +0.21 |
| IPG Interpublic Group of Cos Inc. | Add +176.3% | 0.29% | +0.18 |
| COP Conocophillips | Add +23.0% | 4.48% | +0.16 |
| HCC Warrior Met Coal Inc. | New | 0.15% | +0.15 |
| ETNB 89BIO Inc. | New | 0.15% | +0.15 |
| AMWD American Woodmark Corp. | New | 0.14% | +0.14 |
| PBR Petroleo Brasileiro-Spon ADR | New | 0.14% | +0.14 |
| SDRL Seadrill Limited | Add +13.6% | 2.57% | +0.11 |
| CW Curtiss-Wright Corp. | Add +124.6% | 0.22% | +0.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 107 | $1.3B | EXE, PR, DBRG, WBS, COP |
| Q1 2026 | 111 | $1.4B | EXE, PR, MTDR, FTI, COP |
| Q4 2025 | 102 | $1.2B | EXE, PR, MTDR, COP, FTI |
| Q3 2025 | 109 | $894.3M | EXE, PR, MTDR, COP, XOM |
| Q2 2025 | 90 | $715.2M | EXE, PR, MTDR, HES, COP |
| Q1 2025 | 109 | $829.7M | EXE, HES, PR, MTDR, COP |
| Q4 2024 | 90 | $921.8M | EXE, HES, PR, MTDR, RRC |
| Q3 2024 | 94 | $921.0M | HES, PR, SWN, MTDR, COP |
| Q2 2024 | 93 | $947.8M | HES, PR, WFRD, MTDR, COP |
| Q1 2024 | 96 | $817.5M | HES, PR, MTDR, WFRD, PXD |