Southport Management, L.L.C.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Southport Management, L.L.C. reported 27 stock positions worth $24.2 million. Its top holding was Cameco (CCJ) at 10.4% of the portfolio, followed by Cheniere Energy (LNG, 9.2%) and Immuneering Class A (IMRX, 7.9%). Compared with Q2 2025, it opened 5 new positions, sold out of 2, added to 9 and reduced 2. The biggest buy was a new position in Medtronic (MDT) and the biggest sale Cheniere Energy (LNG, shares −21%).
- Most Recent 13F
- Q4 2025
- Location
- Wilson, WY
- CIK
- 0001549553
- Portfolio Value
- $24.2M (Q3 2025)
- SEC Filing
- 0000919574-25-007032 ↗ filed Nov 14, 2025
Holdings Value
Holdings 27 stocks · $24.2M
| CCJ Cameco Corp. | 10.38% | 30,000 | $2.5M | No change |
| LNG Cheniere Energy Inc. | 9.21% | 9,500 | $2.2M | Reduce -20.8% |
| IMRX Immuneering Corp. Class A | 7.87% | 272,501 | $1.9M | Add +11.2% |
| AMLP Alerian MLP ETF | 5.91% | 30,500 | $1.4M | No change |
| MMM 3M Co. | 5.12% | 8,000 | $1.2M | No change |
| XOM Exxon Mobil Corp. | 4.65% | 10,000 | $1.1M | No change |
| NVGS Navigator Holdings Ltd. | 4.31% | 67,500 | $1.0M | No change |
| CQP Cheniere Energy Partners LP | 4.31% | 19,409 | $1.0M | No change |
| EME Emcor Group Inc. | 4.02% | 1,500 | $974K | No change |
| MDT Medtronic PLC | 3.93% | 10,000 | $952K | New |
| PROSHARES TR | 3.88% | 65,000 | $939K | Add +8.3% |
| EXE Expand Energy Corp. | 3.80% | 8,670 | $921K | No change |
| GDX Vaneck Gold Miners ETF | 3.78% | 12,000 | $917K | No change |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 3.55% | 25,000 | $859K | Add +25.0% |
| EQT Eqt Corp. | 3.37% | 15,000 | $816K | New |
| QID Proshares Ultrashort QQQ | 3.02% | 34,000 | $732K | Add +41.7% |
| EU Encore Energy Corp. | 2.98% | 225,000 | $722K | Add +18.4% |
| EMXC iShares MSCI Emr MRK Ex Chna | 2.79% | 10,000 | $675K | Add +33.3% |
| DVN Devon Energy Corp. | 2.51% | 17,320 | $607K | Add +136.6% |
| QXO Qxo Inc. | 2.16% | 27,500 | $524K | Add +22.2% |
| BBIO Bridgebio Pharma Inc. | 2.14% | 10,000 | $519K | Reduce -33.3% |
| DHC Diversified Healthcare Trust | 2.00% | 110,000 | $485K | No change |
| DNN Denison Mines Corp. | 1.71% | 151,000 | $415K | Add +65.9% |
| ASPI Asp Isotopes Inc. | 1.19% | 30,000 | $289K | New |
| NBIS Nebius Group NV | 0.69% | 1,500 | $168K | New |
| KAZR Skyline Builders Group Hol-A | 0.54% | 38,200 | $131K | New |
| DSX Diana Shipping Inc. | 0.18% | 26,116 | $44K | No change |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
| MDT Medtronic PLC | New | 3.93% | +3.93 |
| IMRX Immuneering Corp. Class A | Add +11.2% | 7.87% | +3.84 |
| EQT Eqt Corp. | New | 3.37% | +3.37 |
| DVN Devon Energy Corp. | Add +136.6% | 2.51% | +1.37 |
| ASPI Asp Isotopes Inc. | New | 1.19% | +1.19 |
| DNN Denison Mines Corp. | Add +65.9% | 1.71% | +0.90 |
| NBIS Nebius Group NV | New | 0.69% | +0.69 |
| KAZR Skyline Builders Group Hol-A | New | 0.54% | +0.54 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +33.3% | 2.79% | +0.47 |
| EU Encore Energy Corp. | Add +18.4% | 2.98% | +0.33 |
| SLB SLB Ltd. | Add +25.0% | 3.55% | +0.24 |
| QID Proshares Ultrashort QQQ | Add +41.7% | 3.02% | +0.05 |
| QXO Qxo Inc. | Add +22.2% | 2.16% | −0.20 |
| PROSHARES TR | Add +8.3% | 3.88% | −1.00 |
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 |