Southport Management, L.L.C.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Southport Management, L.L.C. reported 24 stock positions worth $20.5 million. Its top holding was Cheniere Energy (LNG) at 14.3% of the portfolio, followed by Cameco (CCJ, 10.9%) and Alerian MLP ETF (AMLP, 7.3%). Compared with Q1 2025, it opened 3 new positions, sold out of 10, added to 3 and reduced 3. The biggest buy was Cameco (CCJ, shares +20%) and the biggest sale an exit from Eastman Chemical (EMN).
- Most Recent 13F
- Q4 2025
- Location
- Wilson, WY
- CIK
- 0001549553
- Portfolio Value
- $20.5M (Q2 2025)
- SEC Filing
- 0000919574-25-004671 ↗ filed Aug 14, 2025
Holdings Value
Holdings 24 stocks · $20.5M
| LNG Cheniere Energy Inc. | 14.27% | 12,000 | $2.9M | No change |
| CCJ Cameco Corp. | 10.87% | 30,000 | $2.2M | Add +20.0% |
| AMLP Alerian MLP ETF | 7.28% | 30,500 | $1.5M | No change |
| MMM 3M Co. | 5.95% | 8,000 | $1.2M | Reduce -23.8% |
| CQP Cheniere Energy Partners LP | 5.31% | 19,409 | $1.1M | No change |
| XOM Exxon Mobil Corp. | 5.26% | 10,000 | $1.1M | No change |
| EXE Expand Energy Corp. | 4.95% | 8,670 | $1.0M | No change |
| PROSHARES TR | 4.88% | 60,000 | $999K | No change |
| NVGS Navigator Holdings Ltd. | 4.66% | 67,500 | $955K | No change |
| IMRX Immuneering Corp. Class A | 4.03% | 245,000 | $826K | No change |
| EME Emcor Group Inc. | 3.92% | 1,500 | $802K | No change |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 3.30% | 20,000 | $676K | Reduce -42.9% |
| BBIO Bridgebio Pharma Inc. | 3.16% | 15,000 | $648K | No change |
| GDX Vaneck Gold Miners ETF | 3.05% | 12,000 | $625K | New |
| QID Proshares Ultrashort QQQ | 2.97% | 24,000 | $608K | Reduce -20.0% |
| CB Chubb Ltd. | 2.83% | 2,000 | $579K | Add +100.0% |
| EU Encore Energy Corp. | 2.65% | 190,000 | $543K | No change |
| QXO Qxo Inc. | 2.37% | 22,500 | $485K | New |
| EMXC iShares MSCI Emr MRK Ex Chna | 2.31% | 7,500 | $474K | New |
| TTEC Ttec Holdings Inc. filed as TTEC HLDGS INC | 1.94% | 82,500 | $397K | No change |
| DHC Diversified Healthcare Trust | 1.92% | 110,000 | $394K | No change |
| DVN Devon Energy Corp. | 1.14% | 7,320 | $233K | No change |
| DNN Denison Mines Corp. | 0.81% | 91,000 | $166K | Add +37.9% |
| DSX Diana Shipping Inc. | 0.19% | 26,116 | $38K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| EMN Eastman Chemical Co. | Sold out | 0.00% | −4.56 |
| SLB SLB Ltd. | Reduce -42.9% | 3.30% | −3.01 |
| MYRG MYR Group Inc./Delaware | Sold out | 0.00% | −2.93 |
| BKR Baker Hughes Co. | Sold out | 0.00% | −2.37 |
| FLR Fluor Corp. | Sold out | 0.00% | −2.33 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −2.19 |
| QID Proshares Ultrashort QQQ | Reduce -20.0% | 2.97% | −1.96 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −1.80 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −1.64 |
| PFE Pfizer Inc. | Sold out | 0.00% | −1.64 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −1.50 |
| URNM Sprott Uranium Miners ETF | Sold out | 0.00% | −0.92 |
| MMM 3M Co. | Reduce -23.8% | 5.95% | −0.71 |
Portfolio Buys Q1 2025 → Q2 2025
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 |