SailingStone Capital Partners LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), SailingStone Capital Partners LLC reported 16 stock positions worth $378.5 million. Its top holding was Compass Minerals Internation (CMP) at 29.5% of the portfolio, followed by Ivanhoe Electric Inc. / US (IE, 14.7%) and Mac Copper (9.3%). Compared with Q1 2025, it opened 4 new positions, added to 4 and reduced 7. The biggest buy was a new position in Constellation Energy (CEG) and the biggest sale Antero Resources (AR, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- Houston, TX
- CIK
- 0001608904
- Portfolio Value
- $378.5M (Q2 2025)
- SEC Filing
- 0001420506-25-002011 ↗ filed Aug 14, 2025
Holdings Value
Holdings 16 stocks · $378.5M
| CMP Compass Minerals Internation | 29.54% | 5,564,167 | $111.8M | Reduce -10.3% |
| IE Ivanhoe Electric Inc. / US | 14.74% | 6,151,954 | $55.8M | Reduce -7.5% |
| MAC COPPER LTD | 9.32% | 2,916,634 | $35.3M | Add +1.6% |
| LIN Linde PLC | 8.14% | 65,698 | $30.8M | Add +20.8% |
| EPD Enterprise Products Partners | 7.59% | 925,970 | $28.7M | Add +104.4% |
| CCJ Cameco Corp. | 7.15% | 267,470 | $27.1M | Reduce -0.4% |
| RRC Range Resources Corp. | 7.00% | 651,351 | $26.5M | Reduce -24.4% |
| WMB Williams Cos Inc. | 3.65% | 219,734 | $13.8M | Reduce -6.7% |
| AR Antero Resources Corp. | 3.32% | 312,371 | $12.6M | Reduce -50.2% |
| CEG Constellation Energy | 2.12% | 24,890 | $8.0M | New |
| NRGV Energy Vault Holdings Inc. | 1.55% | 8,207,328 | $5.9M | No change |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 1.47% | 157,699 | $5.6M | Add +114.3% |
| HUBB Hubbell Inc. | 1.13% | 10,490 | $4.3M | New |
| MLM Martin Marietta Materials | 1.11% | 7,620 | $4.2M | New |
| MTRN Materion Corp. | 1.10% | 52,522 | $4.2M | New |
| NTR Nutrien Ltd. | 1.07% | 69,282 | $4.0M | Reduce -48.8% |
Portfolio Sells Q1 2025 → Q2 2025
| AR Antero Resources Corp. | Reduce -50.2% | 3.32% | −6.08 |
| RRC Range Resources Corp. | Reduce -24.4% | 7.00% | −5.76 |
| WMB Williams Cos Inc. | Reduce -6.7% | 3.65% | −1.58 |
| NTR Nutrien Ltd. | Reduce -48.8% | 1.07% | −1.43 |
| IE Ivanhoe Electric Inc. / US | Reduce -7.5% | 14.74% | +0.41 |
| CCJ Cameco Corp. | Reduce -0.4% | 7.15% | +1.25 |
| CMP Compass Minerals Internation | Reduce -10.3% | 29.54% | +8.15 |
Portfolio Buys Q1 2025 → Q2 2025
| CEG Constellation Energy | New | 2.12% | +2.12 |
| EPD Enterprise Products Partners | Add +104.4% | 7.59% | +1.85 |
| HUBB Hubbell Inc. | New | 1.13% | +1.13 |
| MLM Martin Marietta Materials | New | 1.11% | +1.11 |
| MTRN Materion Corp. | New | 1.10% | +1.10 |
| SQM Quimica Y Minera Chil-SP ADR | Add +114.3% | 1.47% | +0.38 |
| MAC COPPER LTD | Add +1.6% | 9.32% | −0.84 |
| LIN Linde PLC | Add +20.8% | 8.14% | −1.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 18 | $534.0M | CMP, RRC, LIN, AR, EPD |
| Q1 2026 | 17 | $440.3M | CMP, LIN, RRC, EPD, IE |
| Q4 2025 | 15 | $402.5M | CMP, IE, LIN, EPD, RRC |
| Q3 2025 | 16 | $381.9M | CMP, IE, RRC, LIN, EPD |
| Q2 2025 | 16 | $378.5M | CMP, IE, MAC COPPER LTD, LIN, EPD |
| Q1 2025 | 12 | $269.5M | CMP, IE, RRC, MAC COPPER LTD, AR |
| Q4 2024 | 11 | $301.5M | CMP, IE, RRC, AR, MAC COPPER LTD |
| Q3 2024 | 14 | $318.2M | CMP, IE, MAC COPPER LTD, RRC, AR |
| Q2 2024 | 14 | $282.4M | IE, RRC, AR, MAC COPPER LTD, LIN |
| Q1 2024 | 14 | $275.6M | IE, AR, RRC, MAC COPPER LTD, EPD |