Wexford Capital LP

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Wexford Capital LP reported 216 stock positions worth $384.6 million. Its top holding was Mammoth Energy Services (TUSK) at 11.7% of the portfolio, followed by United States Steel (X, 7.5%) and Century Aluminum (CENX, 5.6%). Compared with Q4 2024, it opened 103 new positions, sold out of 87, added to 41 and reduced 45. The biggest buy was a new position in Century Aluminum (CENX) and the biggest sale Nebius (NBIS, shares −96%).

Most Recent 13F
Q2 2026
Location
WEST PALM BEACH, FL
CIK
0001048462
Portfolio Value
$384.6M (Q1 2025)
SEC Filing
0001398344-25-009643 ↗ filed May 15, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $489.5M Q1 2024 Q2 2024: $394.8M Q2 2024 Q3 2024: $417.9M Q3 2024 Q4 2024: $390.7M Q4 2024 Q1 2025: $384.6M $384.6M Q1 2025 Q2 2025: $358.5M Q2 2025 Q3 2025: $332.0M Q3 2025 Q4 2025: $388.8M Q4 2025 Q1 2026: $606.5M Q1 2026 Q2 2026: $728.8M Q2 2026

Holdings 216 stocks · $384.6M
TUSK Mammoth Energy Services Inc. 11.71% 22,068,212 $45.0M No change
X United States Steel Corp. 7.53% 685,553 $29.0M Add +54.4%
CENX Century Aluminum Company 5.64% 1,169,553 $21.7M New
ET Energy Transfer LP 3.06% 633,765 $11.8M Add +9.4%
KWEB Kranesh Csi China Internet 2.83% 311,534 $10.9M New
SRE Sempra 2.21% 119,123 $8.5M Add +595.7%
TMQ Trilogy Metals Inc. 2.11% 5,223,983 $8.1M Reduce -1.1%
CQQQ Invesco China Technology ETF 2.00% 173,835 $7.7M New
TNK Teekay Tankers Ltd. Class A 1.97% 198,117 $7.6M Add +267.6%
EPD Enterprise Products Partners 1.95% 219,887 $7.5M Reduce -2.7%
CLF Cleveland-Cliffs Inc. 1.69% 789,186 $6.5M Reduce -22.6%
GFR Greenfire Resources Ltd. 1.67% 1,092,071 $6.4M No change
NEPH Nephros Inc. 1.61% 3,600,552 $6.2M No change
MPLX MPLX LP 1.39% 99,945 $5.3M No change
KOF Coca-Cola Femsa Sab-SP ADR 1.39% 58,512 $5.3M Reduce -57.2%
ASHR Xtrackers Harvest Csi 300 CH 1.38% 200,000 $5.3M New
SPRY Ars Pharmaceuticals Inc. 1.34% 408,551 $5.1M Add +10.6%
META Meta Platforms Inc. Class A 1.33% 8,894 $5.1M Reduce -0.9%
TTEK Tetra Tech Inc. 1.33% 175,000 $5.1M New
HNRG Hallador Energy Co. 1.27% 397,203 $4.9M Add +479.6%
TXNM TXNM Energy Inc. 1.24% 89,505 $4.8M Reduce -49.4%
YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA 1.23% 135,089 $4.7M New
IMPP Imperial Petroleum Inc. 1.15% 1,799,652 $4.4M Add +200.7%
PPL PPL Corp. 1.02% 109,076 $3.9M New
LEU Centrus Energy Corp. Class A 1.02% 63,121 $3.9M New
NUE Nucor Corp. 1.00% 32,000 $3.9M New
CNP Centerpoint Energy Inc. 0.92% 98,175 $3.6M New
EQX Equinox Gold Corp. 0.84% 469,101 $3.2M New
CMCSA Comcast Corp. Class A 0.84% 87,307 $3.2M New
FE Firstenergy Corp. 0.78% 74,251 $3.0M Add +681.6%
WMT Walmart Inc. 0.75% 32,691 $2.9M Add +40.7%
WBD Warner Bros Discovery Inc. 0.70% 250,000 $2.7M New
XEL Xcel Energy Inc. 0.70% 37,888 $2.7M Add +37.3%
PCG P G & E Corp. 0.67% 149,541 $2.6M Reduce -40.7%
DUK Duke Energy Corp. 0.66% 20,866 $2.5M Reduce -66.5%
PAR Par Technology Corp. 0.65% 40,873 $2.5M New
MCHI iShares MSCI China ETF 0.64% 45,151 $2.5M New
B Barrick Gold Corp. 0.64% 125,772 $2.4M New
PPTA Perpetua Resources Corp. 0.60% 217,447 $2.3M New
PRMB Primo Brands Corp. 0.58% 63,290 $2.2M New
CCIR Cohen Circle Acquisitio Class A 0.58% 200,000 $2.2M New
ATMU Atmus Filtration Technologie 0.56% 58,375 $2.1M Add +843.4%
ESOA Energy Services of America 0.54% 220,293 $2.1M New
TFII Tfi International Inc. 0.52% 25,697 $2.0M New
VNOM Viper Energy Inc. 0.49% 41,794 $1.9M New
TK Teekay Corp. Ltd. 0.48% 280,200 $1.8M Add +73.3%
CPRI Capri Holdings Ltd. 0.45% 88,052 $1.7M New
STIM Neuronetics Inc. 0.45% 471,725 $1.7M New
CNQ Canadian Natural Resources 0.43% 53,461 $1.6M Add +43.4%
WWD Woodward Inc. 0.43% 9,000 $1.6M New
HIMS Hims & Hers Health Inc. 0.43% 55,462 $1.6M New
SAIA Saia Inc. 0.41% 4,484 $1.6M New
PDD PDD Holdings Inc. 0.40% 12,977 $1.5M New
APTV Aptiv PLC 0.39% 25,500 $1.5M Add +47.4%
TWLO Twilio Inc. Class A 0.38% 15,000 $1.5M New
SPY SS SPDR S&P 500 ETF Trust-US 0.38% 2,596 $1.5M No change
TKNO Alpha Teknova Inc. 0.37% 275,000 $1.4M New
LBTYA Liberty Global Ltd. Class A 0.36% 119,789 $1.4M Add +93.2%
NUVB Nuvation Bio Inc. 0.35% 772,919 $1.4M Reduce -18.3%
LNT Alliant Energy Corp. 0.35% 20,937 $1.3M New
APA Apa Corp. 0.34% 63,000 $1.3M New
HCC Warrior Met Coal Inc. 0.34% 27,450 $1.3M Reduce -62.0%
INTC Intel Corp. 0.34% 57,500 $1.3M New
ETR Entergy Corp. 0.34% 15,122 $1.3M Reduce -10.6%
OLN Olin Corp. 0.33% 52,624 $1.3M New
CRS Carpenter Technology 0.33% 7,000 $1.3M New
VIG Vanguard Dividend Apprec ETF 0.33% 6,524 $1.3M No change
ISRG Intuitive Surgical Inc. 0.32% 2,500 $1.2M New
VYMI Vanguard Int High DVD YLD Inc. 0.32% 16,456 $1.2M No change
TIGO Millicom Intl Cellular S.A. 0.31% 40,000 $1.2M New
EXC Exelon Corp. 0.30% 25,275 $1.2M Reduce -61.2%
MNSO Miniso Group Holding Ltd.-ADR 0.29% 61,059 $1.1M New
MRUS Merus NV 0.28% 26,000 $1.1M Reduce -35.6%
VERA Vera Therapeutics Inc. 0.26% 42,305 $1.0M Reduce -2.8%
VRNS Varonis Systems Inc. 0.25% 24,000 $971K New
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 0.25% 9,471 $969K No change
TRML Tourmaline Bio Inc. 0.25% 63,610 $968K Add +208.6%
ACMR Acm Research Inc. Class A 0.25% 41,443 $967K New
FLUT Flutter Entertainment PLC-Di 0.25% 4,360 $966K Add +74.3%
NEXT Nextdecade Corp. 0.25% 121,686 $947K New
GSM Ferroglobe PLC 0.24% 243,931 $905K Add +68.0%
GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC 0.23% 35,000 $888K No change
ARGX Argenx SE - ADR 0.23% 1,500 $888K New
FR First Industrial Realty TR 0.22% 16,000 $863K New
TEVA Teva Pharmaceutical-SP ADR 0.22% 55,000 $845K New
ACLX Arcellx Inc. 0.22% 12,807 $840K Reduce -28.8%
MLTX Moonlake Immunotherapeutics 0.22% 21,500 $840K Reduce -10.4%
CNH CNH Industrial NV 0.22% 68,300 $839K Reduce -53.9%
AIOT Powerfleet Inc. 0.21% 150,000 $824K New
NVGS Navigator Holdings Ltd. 0.21% 59,699 $795K Reduce -30.1%
ASND Ascendis Pharma A/S 0.20% 5,000 $779K New
AMZN Amazon.com Inc. 0.20% 4,063 $773K Reduce -80.2%
NBIS Nebius Group NV 0.19% 35,361 $746K Reduce -96.0%
UAE iShares MSCI Uae ETF 0.19% 43,145 $732K No change
MU Micron Technology Inc. 0.19% 8,363 $727K New
AVDL Avadel Pharmaceuticals Ltd. 0.19% 92,310 $723K New
AEE Ameren Corporation 0.19% 7,180 $721K New
ACWI iShares MSCI Acwi ETF 0.18% 5,931 $690K Add +71.7%
NET Cloudflare Inc. Class A 0.18% 6,000 $676K New
QTRX Quanterix Corp. 0.17% 100,000 $651K New

Show all 216 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $11K (not counted above)
SecurityClassShares / PrincipalValueChange
IBACR Ib Acquisition Corp.-RTS RIGHT 09/28/2026 139,950$11KNo change

Total filed on the 13F, all lines: $384.6M.

Portfolio Sells Q4 2024 → Q1 2025
NBIS Nebius Group NV Reduce -96.0% 0.19% −6.06
CVE Cenovus Energy Inc. Reduce -93.0% 0.14% −2.06
CMS CMS Energy Corp. Sold out 0.00% −1.84
SBS Cia Saneamento Basico DE-ADR Reduce -98.7% 0.03% −1.79
DTE DTE Energy Company Sold out 0.00% −1.77
EVRG Evergy Inc. Sold out 0.00% −1.54
KOF Coca-Cola Femsa Sab-SP ADR Reduce -57.2% 1.39% −1.33
SPYV SS SPDR P S&P 500 Value ETF Sold out 0.00% −1.26
AJG Arthur J Gallagher & Co. Sold out 0.00% −1.21
EWZ iShares MSCI Brazil ETF Sold out 0.00% −1.15
CSX CSX Corp. Sold out 0.00% −1.09
DUK Duke Energy Corp. Reduce -66.5% 0.66% −1.06
CONSOL ENERGY INC Sold out 0.00% −1.06
NSC Norfolk Southern Corp. Sold out 0.00% −1.03
TXNM TXNM Energy Inc. Reduce -49.4% 1.24% −0.98
AMZN Amazon.com Inc. Reduce -80.2% 0.20% −0.95
SBLK Star Bulk Carriers Corp. Sold out 0.00% −0.85
MTCH Match Group Inc. Reduce -95.2% 0.04% −0.79
DBC Invesco DB Commodity Index T Sold out 0.00% −0.79
CLF Cleveland-Cliffs Inc. Reduce -22.6% 1.69% −0.76
INSW International Seaways Inc. Reduce -85.9% 0.11% −0.73
UNP Union Pacific Corp. Reduce -92.0% 0.07% −0.73
CNI Canadian Natl Railway Co. Sold out 0.00% −0.71
NMRA Neumora Therapeutics Inc. Reduce -69.1% 0.02% −0.66
HCC Warrior Met Coal Inc. Reduce -62.0% 0.34% −0.66
FLNC Fluence Energy Inc. Sold out 0.00% −0.63
PCG P G & E Corp. Reduce -40.7% 0.67% −0.63
FISV Fiserv Inc. Sold out 0.00% −0.57
DCI Donaldson Co. Inc. Sold out 0.00% −0.52
ITUB Itau Unibanco H-Spon PRF ADR Sold out 0.00% −0.51
AMR Alpha Metallurgical Resource Sold out 0.00% −0.51
KD Kyndryl Holdings Inc. Sold out 0.00% −0.45
GPCR Structure Therapeutics Inc. Reduce -63.2% 0.14% −0.43
GOOGL Alphabet Inc. Class A Reduce -67.7% 0.12% −0.34
WELL Welltower Inc. Sold out 0.00% −0.34
EXC Exelon Corp. Reduce -61.2% 0.30% −0.33
GPC Genuine Parts Co. Sold out 0.00% −0.30
VNOM Viper Energy Partners LP Sold out 0.00% −0.30
NUVB Nuvation Bio Inc. Reduce -18.3% 0.35% −0.29
SDRL Seadrill Limited Sold out 0.00% −0.25
AGI Alamos Gold Inc. Class A Sold out 0.00% −0.22
AEM Agnico Eagle Mines Ltd. Sold out 0.00% −0.21
CNH CNH Industrial NV Reduce -53.9% 0.22% −0.21
FNV Franco-Nevada Corp. Sold out 0.00% −0.21
METC Ramaco Resources Inc. Class A Sold out 0.00% −0.21
KO The Coca-Cola Co. Sold out 0.00% −0.21
VERA Vera Therapeutics Inc. Reduce -2.8% 0.26% −0.21
SNY Sanofi-ADR Sold out 0.00% −0.20
PTON Peloton Interactive Inc. Class A Sold out 0.00% −0.20
HPQ HP Inc. Sold out 0.00% −0.19

Portfolio Buys Q4 2024 → Q1 2025
CENX Century Aluminum Company New 5.64% +5.64
X United States Steel Corp. Add +54.4% 7.53% +3.67
KWEB Kranesh Csi China Internet New 2.83% +2.83
CQQQ Invesco China Technology ETF New 2.00% +2.00
SRE Sempra Add +595.7% 2.21% +1.83
TNK Teekay Tankers Ltd. Class A Add +267.6% 1.97% +1.42
ASHR Xtrackers Harvest Csi 300 CH New 1.38% +1.38
TTEK Tetra Tech Inc. New 1.33% +1.33
YPF YPF S.A.-Sponsored ADR New 1.23% +1.23
HNRG Hallador Energy Co. Add +479.6% 1.27% +1.07
PPL PPL Corp. New 1.02% +1.02
LEU Centrus Energy Corp. Class A New 1.02% +1.02
NUE Nucor Corp. New 1.00% +1.00
CNP Centerpoint Energy Inc. New 0.92% +0.92
EQX Equinox Gold Corp. New 0.84% +0.84
CMCSA Comcast Corp. Class A New 0.84% +0.84
WBD Warner Bros Discovery Inc. New 0.70% +0.70
IMPP Imperial Petroleum Inc. Add +200.7% 1.15% +0.69
FE Firstenergy Corp. Add +681.6% 0.78% +0.68
PAR Par Technology Corp. New 0.65% +0.65
MCHI iShares MSCI China ETF New 0.64% +0.64
B Barrick Gold Corp. New 0.64% +0.64
PPTA Perpetua Resources Corp. New 0.60% +0.60
PRMB Primo Brands Corp. New 0.58% +0.58
CCIR Cohen Circle Acquisitio Class A New 0.58% +0.58
ESOA Energy Services of America New 0.54% +0.54
TFII Tfi International Inc. New 0.52% +0.52
ATMU Atmus Filtration Technologie Add +843.4% 0.56% +0.50
VNOM Viper Energy Inc. New 0.49% +0.49
CPRI Capri Holdings Ltd. New 0.45% +0.45
STIM Neuronetics Inc. New 0.45% +0.45
WWD Woodward Inc. New 0.43% +0.43
HIMS Hims & Hers Health Inc. New 0.43% +0.43
SAIA Saia Inc. New 0.41% +0.41
PDD PDD Holdings Inc. New 0.40% +0.40
TWLO Twilio Inc. Class A New 0.38% +0.38
TKNO Alpha Teknova Inc. New 0.37% +0.37
LNT Alliant Energy Corp. New 0.35% +0.35
APA Apa Corp. New 0.34% +0.34
INTC Intel Corp. New 0.34% +0.34
SPRY Ars Pharmaceuticals Inc. Add +10.6% 1.34% +0.34
OLN Olin Corp. New 0.33% +0.33
CRS Carpenter Technology New 0.33% +0.33
ISRG Intuitive Surgical Inc. New 0.32% +0.32
TIGO Millicom Intl Cellular S.A. New 0.31% +0.31
MNSO Miniso Group Holding Ltd.-ADR New 0.29% +0.29
VRNS Varonis Systems Inc. New 0.25% +0.25
ACMR Acm Research Inc. Class A New 0.25% +0.25
NEXT Nextdecade Corp. New 0.25% +0.25
ARGX Argenx SE - ADR New 0.23% +0.23

Options Activity Q4 2024 → Q1 2025
SPY SS SPDR S&P 500 ETF Trust-US put Sold out 402,100 $235.7Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2024 → Q1 2025
LUNRW Intuitive Machines Inc.-CW *W EXP 99/99/999 Sold out 39,800 $315Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 219$728.8MMAKO, ACMR, TUSK, HSAI, PAM
Q1 2026 159$606.5MMAKO, TUSK, ACMR, VIST, HSAI
Q4 2025 366$388.8MTUSK, SUNC, NEPH, ACMR, NWAX.U
Q3 2025 393$332.0MTUSK, NEPH, CNR, EQT, EXE
Q2 2025 239$358.5MTUSK, CENX, NEPH, CLF, CMCSA
Q1 2025 216$384.6MTUSK, X, CENX, ET, KWEB
Q4 2024 200$390.7MTUSK, NBIS, X, ET, KOF
Q3 2024 163$417.9MTUSK, T, KOF, KWEB, SBLK
Q2 2024 181$394.8MTUSK, T, CVE, SBLK, KOF
Q1 2024 206$489.5MTUSK, CVE, INSW, PBR, CRESCENT PT ENERGY CORP