Southport Management, L.L.C.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Southport Management, L.L.C. reported 29 stock positions worth $28.6 million. Its top holding was Honeywell International (HON) at 9.6% of the portfolio, followed by Cameco (CCJ, 8.8%) and Alerian MLP ETF (AMLP, 6.6%). Compared with Q3 2025, it opened 6 new positions, sold out of 4, added to 6 and reduced 3. The biggest buy was a new position in Honeywell International (HON) and the biggest sale Cheniere Energy (LNG, shares −17%).
- Most Recent 13F
- Q4 2025
- Location
- Wilson, WY
- CIK
- 0001549553
- Portfolio Value
- $28.6M (Q4 2025)
- SEC Filing
- 0000919574-26-000960 ↗ filed Feb 13, 2026
Holdings Value
Holdings 29 stocks · $28.6M
| HON Honeywell International Inc. | 9.58% | 14,060 | $2.7M | New |
| CCJ Cameco Corp. | 8.78% | 27,500 | $2.5M | Reduce -8.3% |
| AMLP Alerian MLP ETF | 6.65% | 40,500 | $1.9M | Add +32.8% |
| IMRX Immuneering Corp. Class A | 6.37% | 277,501 | $1.8M | Add +1.8% |
| LNG Cheniere Energy Inc. | 5.36% | 7,900 | $1.5M | Reduce -16.8% |
| SDS Proshares Ultrashort S&P500 | 4.78% | 20,000 | $1.4M | Add +53.9% |
| EQT Eqt Corp. | 4.68% | 25,000 | $1.3M | Add +66.7% |
| MMM 3M Co. | 4.47% | 8,000 | $1.3M | No change |
| XOM Exxon Mobil Corp. | 4.20% | 10,000 | $1.2M | No change |
| QID Proshares Ultrashort QQQ | 4.16% | 59,000 | $1.2M | Add +73.5% |
| NVGS Navigator Holdings Ltd. | 4.08% | 67,500 | $1.2M | No change |
| CQP Cheniere Energy Partners LP | 3.62% | 19,409 | $1.0M | No change |
| MDT Medtronic PLC | 3.35% | 10,000 | $961K | No change |
| SLB SLB Ltd. filed as SLB LIMITED | 3.35% | 25,000 | $960K | No change |
| EXE Expand Energy Corp. | 3.34% | 8,670 | $957K | No change |
| EME Emcor Group Inc. | 3.20% | 1,500 | $918K | No change |
| UPS United Parcel Service Class B | 2.60% | 7,500 | $744K | New |
| DVN Devon Energy Corp. | 2.21% | 17,320 | $634K | No change |
| SOLS Solstice Adv Materials Inc. | 2.19% | 12,900 | $627K | New |
| BBIO Bridgebio Pharma Inc. | 2.00% | 7,500 | $574K | Reduce -25.0% |
| EU Encore Energy Corp. | 1.95% | 225,000 | $558K | No change |
| DHC Diversified Healthcare Trust | 1.86% | 110,000 | $534K | No change |
| KNX Knight-Swift Transportation | 1.83% | 10,000 | $523K | New |
| ASPI Asp Isotopes Inc. | 1.59% | 85,000 | $455K | Add +183.3% |
| DNN Denison Mines Corp. | 1.40% | 151,000 | $402K | No change |
| ODFL Old Dominion Freight Line | 0.93% | 1,700 | $267K | New |
| SAIA Saia Inc. | 0.91% | 800 | $261K | New |
| KAZR Skyline Builders Group Hol-A | 0.39% | 38,200 | $112K | No change |
| DSX Diana Shipping Inc. | 0.15% | 26,116 | $43K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| LNG Cheniere Energy Inc. | Reduce -16.8% | 5.36% | −3.85 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −3.78 |
| EMXC iShares MSCI Emr MRK Ex Chna | Sold out | 0.00% | −2.79 |
| QXO Qxo Inc. | Sold out | 0.00% | −2.16 |
| CCJ Cameco Corp. | Reduce -8.3% | 8.78% | −1.60 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.69 |
| BBIO Bridgebio Pharma Inc. | Reduce -25.0% | 2.00% | −0.14 |
Portfolio Buys Q3 2025 → Q4 2025
| HON Honeywell International Inc. | New | 9.58% | +9.58 |
| UPS United Parcel Service Class B | New | 2.60% | +2.60 |
| SOLS Solstice Adv Materials Inc. | New | 2.19% | +2.19 |
| KNX Knight-Swift Transportation | New | 1.83% | +1.83 |
| EQT Eqt Corp. | Add +66.7% | 4.68% | +1.31 |
| QID Proshares Ultrashort QQQ | Add +73.5% | 4.16% | +1.14 |
| ODFL Old Dominion Freight Line | New | 0.93% | +0.93 |
| SAIA Saia Inc. | New | 0.91% | +0.91 |
| SDS Proshares Ultrashort S&P500 | Add +53.9% | 4.78% | +0.91 |
| AMLP Alerian MLP ETF | Add +32.8% | 6.65% | +0.74 |
| ASPI Asp Isotopes Inc. | Add +183.3% | 1.59% | +0.40 |
| IMRX Immuneering Corp. Class A | Add +1.8% | 6.37% | −1.50 |
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 |