Southport Management, L.L.C.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Southport Management, L.L.C. reported 31 stock positions worth $23.2 million. Its top holding was Cheniere Energy (LNG) at 12.0% of the portfolio, followed by Alerian MLP ETF (AMLP, 6.8%) and 3M (MMM, 6.7%). Compared with Q4 2024, it opened 5 new positions, sold out of 8, added to 6 and reduced 8. The biggest buy was SLB (SLB, shares +133%) and the biggest sale an exit from Alphabet Class C (GOOG).
- Most Recent 13F
- Q4 2025
- Location
- Wilson, WY
- CIK
- 0001549553
- Portfolio Value
- $23.2M (Q1 2025)
- SEC Filing
- 0000919574-25-003076 ↗ filed May 15, 2025
Holdings Value
Holdings 31 stocks · $23.2M
| LNG Cheniere Energy Inc. | 11.98% | 12,000 | $2.8M | No change |
| AMLP Alerian MLP ETF | 6.84% | 30,500 | $1.6M | No change |
| MMM 3M Co. | 6.65% | 10,500 | $1.5M | Add +23.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 6.31% | 35,000 | $1.5M | Add +133.3% |
| PROSHARES TR | 5.56% | 60,000 | $1.3M | Reduce -14.3% |
| CQP Cheniere Energy Partners LP | 5.53% | 19,409 | $1.3M | No change |
| XOM Exxon Mobil Corp. | 5.13% | 10,000 | $1.2M | No change |
| QID Proshares Ultrashort QQQ | 4.93% | 30,000 | $1.1M | Reduce -1.6% |
| EMN Eastman Chemical Co. | 4.56% | 12,000 | $1.1M | Reduce -22.6% |
| CCJ Cameco Corp. | 4.44% | 25,000 | $1.0M | No change |
| EXE Expand Energy Corp. | 4.16% | 8,670 | $965K | No change |
| NVGS Navigator Holdings Ltd. | 3.88% | 67,500 | $898K | Reduce -10.0% |
| MYRG MYR Group Inc./Delaware | 2.93% | 6,000 | $679K | No change |
| EME Emcor Group Inc. | 2.39% | 1,500 | $554K | No change |
| BKR Baker Hughes Co. | 2.37% | 12,500 | $549K | New |
| FLR Fluor Corp. | 2.33% | 15,100 | $541K | Reduce -24.9% |
| BBIO Bridgebio Pharma Inc. | 2.24% | 15,000 | $519K | No change |
| PWR Quanta Services Inc. | 2.19% | 2,000 | $508K | New |
| CCI Crown Castle Inc. | 1.80% | 4,000 | $417K | New |
| AMZN Amazon.com Inc. | 1.64% | 2,000 | $381K | New |
| PFE Pfizer Inc. | 1.64% | 15,000 | $380K | Reduce -40.0% |
| IMRX Immuneering Corp. Class A | 1.61% | 245,000 | $372K | Add +13.9% |
| NVDA Nvidia Corp. | 1.50% | 3,200 | $347K | Reduce -68.0% |
| CB Chubb Ltd. | 1.30% | 1,000 | $302K | New |
| DVN Devon Energy Corp. | 1.18% | 7,320 | $274K | No change |
| TTEC Ttec Holdings Inc. filed as TTEC HLDGS INC | 1.17% | 82,500 | $271K | Add +83.3% |
| DHC Diversified Healthcare Trust | 1.14% | 110,000 | $264K | Add +22.2% |
| EU Encore Energy Corp. | 1.12% | 190,000 | $260K | Add +49.0% |
| URNM Sprott Uranium Miners ETF | 0.92% | 6,600 | $214K | Reduce -43.1% |
| DNN Denison Mines Corp. | 0.37% | 66,000 | $86K | No change |
| DSX Diana Shipping Inc. | 0.18% | 26,116 | $41K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −4.14 |
| UNG US Natural Gas Fund LP | Sold out | 0.00% | −3.66 |
| NVDA Nvidia Corp. | Reduce -68.0% | 1.50% | −3.37 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −2.60 |
| EQT Eqt Corp. | Sold out | 0.00% | −2.51 |
| AROC Archrock Inc. | Sold out | 0.00% | −2.48 |
| ARM Arm Holdings PLC-ADR | Sold out | 0.00% | −1.79 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −1.65 |
| FLR Fluor Corp. | Reduce -24.9% | 2.33% | −1.26 |
| URNJ Sprott Jr Uranium Miners ETF | Sold out | 0.00% | −1.01 |
| URNM Sprott Uranium Miners ETF | Reduce -43.1% | 0.92% | −0.77 |
| PFE Pfizer Inc. | Reduce -40.0% | 1.64% | −0.76 |
| EMN Eastman Chemical Co. | Reduce -22.6% | 4.56% | −0.57 |
| NVGS Navigator Holdings Ltd. | Reduce -10.0% | 3.88% | −0.30 |
| PROSHARES TR | Reduce -14.3% | 5.56% | +0.56 |
| QID Proshares Ultrashort QQQ | Reduce -1.6% | 4.93% | +1.32 |
Portfolio Buys Q4 2024 → Q1 2025
| SLB SLB Ltd. | Add +133.3% | 6.31% | +4.23 |
| MMM 3M Co. | Add +23.5% | 6.65% | +2.68 |
| BKR Baker Hughes Co. | New | 2.37% | +2.37 |
| PWR Quanta Services Inc. | New | 2.19% | +2.19 |
| CCI Crown Castle Inc. | New | 1.80% | +1.80 |
| AMZN Amazon.com Inc. | New | 1.64% | +1.64 |
| CB Chubb Ltd. | New | 1.30% | +1.30 |
| DHC Diversified Healthcare Trust | Add +22.2% | 1.14% | +0.39 |
| TTEC Ttec Holdings Inc. | Add +83.3% | 1.17% | +0.36 |
| IMRX Immuneering Corp. Class A | Add +13.9% | 1.61% | −0.11 |
| EU Encore Energy Corp. | Add +49.0% | 1.12% | −0.45 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 29 | $28.6M | HON, CCJ, AMLP, IMRX, LNG |
| Q3 2025 | 27 | $24.2M | CCJ, LNG, IMRX, AMLP, MMM |
| Q2 2025 | 24 | $20.5M | LNG, CCJ, AMLP, MMM, CQP |
| Q1 2025 | 31 | $23.2M | LNG, AMLP, MMM, SLB, PROSHARES TR |
| Q4 2024 | 34 | $27.6M | LNG, AMLP, EMN, PROSHARES TR, NVDA |
| Q3 2024 | 32 | $26.9M | LNG, EMN, XOM, AMLP, FLR |
| Q2 2024 | 28 | $22.3M | LNG, EMN, EME, AMLP, NVGS |
| Q1 2024 | 36 | $27.2M | LNG, EMN, EME, FLR, AMLP |