SailingStone Capital Partners LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), SailingStone Capital Partners LLC reported 12 stock positions worth $269.5 million. Its top holding was Compass Minerals Internation (CMP) at 21.4% of the portfolio, followed by Ivanhoe Electric Inc. / US (IE, 14.3%) and Range Resources (RRC, 12.8%). Compared with Q4 2024, it opened 1 new position, added to 4 and reduced 6. The biggest buy was Compass Minerals Internation (CMP, shares +14%) and the biggest sale Antero Resources (AR, shares −29%).

Most Recent 13F
Q2 2026
Location
Houston, TX
CIK
0001608904
Portfolio Value
$269.5M (Q1 2025)
SEC Filing
0001420506-25-001162 ↗ filed May 15, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $275.6M Q1 2024 Q2 2024: $282.4M Q2 2024 Q3 2024: $318.2M Q3 2024 Q4 2024: $301.5M Q4 2024 Q1 2025: $269.5M $269.5M Q1 2025 Q2 2025: $378.5M Q2 2025 Q3 2025: $381.9M Q3 2025 Q4 2025: $402.5M Q4 2025 Q1 2026: $440.3M Q1 2026 Q2 2026: $534.0M Q2 2026

Holdings 12 stocks · $269.5M
CMP Compass Minerals Internation 21.39% 6,204,842 $57.6M Add +14.3%
IE Ivanhoe Electric Inc. / US 14.33% 6,647,250 $38.6M Add +21.2%
RRC Range Resources Corp. 12.76% 861,298 $34.4M Reduce -20.2%
MAC COPPER LTD 10.16% 2,870,414 $27.4M Add +9.0%
AR Antero Resources Corp. 9.41% 627,023 $25.4M Reduce -29.4%
LIN Linde PLC 9.39% 54,368 $25.3M Reduce -12.0%
CCJ Cameco Corp. 5.90% 268,429 $15.9M Add +37.5%
EPD Enterprise Products Partners 5.74% 452,986 $15.5M Reduce -24.4%
WMB Williams Cos Inc. 5.22% 235,560 $14.1M Reduce -23.7%
NTR Nutrien Ltd. 2.49% 135,295 $6.7M Reduce -6.9%
NRGV Energy Vault Holdings Inc. 2.12% 8,207,328 $5.7M No change
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 1.08% 73,580 $2.9M New

Portfolio Sells Q4 2024 → Q1 2025
AR Antero Resources Corp. Reduce -29.4% 9.41% −0.92
EPD Enterprise Products Partners Reduce -24.4% 5.74% −0.50
WMB Williams Cos Inc. Reduce -23.7% 5.22% −0.32
RRC Range Resources Corp. Reduce -20.2% 12.76% −0.13
NTR Nutrien Ltd. Reduce -6.9% 2.49% +0.34
LIN Linde PLC Reduce -12.0% 9.39% +0.81

Portfolio Buys Q4 2024 → Q1 2025
CMP Compass Minerals Internation Add +14.3% 21.39% +1.13
CCJ Cameco Corp. Add +37.5% 5.90% +1.11
SQM Quimica Y Minera Chil-SP ADR New 1.08% +1.08
MAC COPPER LTD Add +9.0% 10.16% +0.88
IE Ivanhoe Electric Inc. / US Add +21.2% 14.33% +0.59

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 18$534.0MCMP, RRC, LIN, AR, EPD
Q1 2026 17$440.3MCMP, LIN, RRC, EPD, IE
Q4 2025 15$402.5MCMP, IE, LIN, EPD, RRC
Q3 2025 16$381.9MCMP, IE, RRC, LIN, EPD
Q2 2025 16$378.5MCMP, IE, MAC COPPER LTD, LIN, EPD
Q1 2025 12$269.5MCMP, IE, RRC, MAC COPPER LTD, AR
Q4 2024 11$301.5MCMP, IE, RRC, AR, MAC COPPER LTD
Q3 2024 14$318.2MCMP, IE, MAC COPPER LTD, RRC, AR
Q2 2024 14$282.4MIE, RRC, AR, MAC COPPER LTD, LIN
Q1 2024 14$275.6MIE, AR, RRC, MAC COPPER LTD, EPD