Wexford Capital LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Wexford Capital LP reported 366 stock positions worth $388.8 million. Its top holding was Mammoth Energy Services (TUSK) at 10.5% of the portfolio, followed by Sunococorp (SUNC, 7.6%) and Nephros (NEPH, 4.5%). Compared with Q3 2025, it opened 166 new positions, sold out of 193, added to 87 and reduced 85. The biggest buy was a new position in Sunococorp (SUNC) and the biggest sale an exit from Core Natural Resources (CNR).
- Most Recent 13F
- Q2 2026
- Location
- WEST PALM BEACH, FL
- CIK
- 0001048462
- Portfolio Value
- $388.8M (Q4 2025)
- SEC Filing
- 0001398344-26-003111 ↗ filed Feb 13, 2026
Holdings Value
Holdings 366 stocks · $388.8M
| TUSK Mammoth Energy Services Inc. | 10.51% | 22,096,068 | $40.9M | No change |
| SUNC Sunococorp LLC | 7.58% | 598,070 | $29.5M | New |
| NEPH Nephros Inc. | 4.54% | 3,617,033 | $17.7M | No change |
| ACMR Acm Research Inc. Class A | 3.40% | 335,003 | $13.2M | Add +80.2% |
| NWAX.U New America Acquisition I Co. | 3.36% | 1,254,477 | $13.1M | New |
| RJET Republic Airways Holdings Inc. | 2.63% | 557,054 | $10.2M | New |
| CMCSA Comcast Corp. Class A | 2.54% | 329,999 | $9.9M | Add +821.4% |
| GFR Greenfire Resources Ltd. | 2.49% | 2,034,422 | $9.7M | Add +81.4% |
| CENX Century Aluminum Company | 2.47% | 244,649 | $9.6M | Add +18.5% |
| ET Energy Transfer LP | 2.44% | 575,015 | $9.5M | No change |
| EPD Enterprise Products Partners | 1.81% | 219,887 | $7.0M | No change |
| TIC Tic Solutions Inc. | 1.57% | 602,387 | $6.1M | New |
| AVDL Avadel Pharmaceuticals Ltd. | 1.51% | 272,821 | $5.9M | New |
| HAYMAKER ACQUISITION CORP 4 | 1.46% | 500,000 | $5.7M | New |
| STLN Starling Oncology Inc. filed as THE ONCOLOGY INSTITUTE INC | 1.40% | 1,533,456 | $5.5M | Reduce -2.4% |
| MICC The Magnum Ice Cream Co. NV | 1.38% | 337,500 | $5.3M | New |
| MPLX MPLX LP | 1.37% | 99,945 | $5.3M | No change |
| ALM Almonty Industries Inc. | 1.25% | 551,191 | $4.9M | Add +202.6% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 1.20% | 128,693 | $4.7M | New |
| SIL Global X Silver Miners ETF | 1.16% | 54,037 | $4.5M | Add +123.0% |
| HSAI Hesai Group | 1.06% | 183,837 | $4.1M | Add +374.0% |
| IMPP Imperial Petroleum Inc. | 1.05% | 1,129,717 | $4.1M | Reduce -28.8% |
| XPL Solitario Resources Corp. | 0.99% | 5,496,837 | $3.8M | Reduce -1.1% |
| IHS Ihs Holding Ltd. | 0.96% | 498,112 | $3.7M | Add +100.1% |
| PDD PDD Holdings Inc. | 0.89% | 30,371 | $3.4M | Add +9075.5% |
| CVE Cenovus Energy Inc. | 0.87% | 200,000 | $3.4M | Add +23624.8% |
| PAM Pampa Energia SA-Spon ADR | 0.86% | 37,749 | $3.3M | New |
| MOBILICOM LTD | 0.85% | 541,710 | $3.3M | Add +206.6% |
| DD Dupont DE Nemours Inc. | 0.83% | 80,304 | $3.2M | New |
| XLP SS Consumer Staples Sel Sect | 0.78% | 38,870 | $3.0M | New |
| XGN Exagen Inc. | 0.73% | 466,778 | $2.8M | Add +4.9% |
| TNK Teekay Tankers Ltd. Class A | 0.73% | 52,818 | $2.8M | Reduce -70.1% |
| TGS Transportador Gas-ADR SP B | 0.72% | 89,805 | $2.8M | New |
| VCIC Vine Hill Capital Class A | 0.70% | 251,071 | $2.7M | New |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.69% | 188,000 | $2.7M | New |
| TEO Telecom Argentina SA-SP ADR | 0.67% | 224,078 | $2.6M | New |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.66% | 32,771 | $2.6M | Add +5.8% |
| TIGO Millicom Intl Cellular S.A. | 0.57% | 40,000 | $2.2M | No change |
| SITM Sitime Corp. | 0.52% | 5,686 | $2.0M | Reduce -49.3% |
| RSP Invesco S&P 500 Equal Weight | 0.51% | 10,332 | $2.0M | New |
| VZLA Vizsla Silver Corp. | 0.51% | 360,000 | $2.0M | New |
| ARGT Global X MSCI Argentina ETF | 0.50% | 21,405 | $2.0M | New |
| CHTR Charter Communications Inc. Class A | 0.50% | 9,317 | $1.9M | New |
| ILF iShares Latin America 40 ETF | 0.50% | 63,311 | $1.9M | New |
| SPRY Ars Pharmaceuticals Inc. | 0.50% | 165,313 | $1.9M | Reduce -1.7% |
| AAPL Apple Inc. | 0.46% | 6,612 | $1.8M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.46% | 2,596 | $1.8M | No change |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.43% | 10,274 | $1.7M | Add +71.6% |
| EEM iShares MSCI Emerging Market | 0.43% | 30,297 | $1.7M | No change |
| IBB iShares Biotechnology ETF | 0.42% | 9,765 | $1.6M | New |
| EWW iShares MSCI Mexico ETF | 0.42% | 23,500 | $1.6M | No change |
| GSM Ferroglobe PLC | 0.41% | 345,508 | $1.6M | No change |
| SILJ Amplify Junior Silver Miners | 0.40% | 56,637 | $1.6M | Add +846.2% |
| WRD Weride Inc.-ADR | 0.40% | 180,358 | $1.6M | Add +2.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.39% | 35,274 | $1.5M | No change |
| HNRG Hallador Energy Co. | 0.39% | 78,900 | $1.5M | Reduce -13.3% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.38% | 16,456 | $1.5M | No change |
| FXI iShares China Large-Cap ETF | 0.38% | 38,324 | $1.5M | No change |
| XLE SS Energy Select Sector | 0.38% | 32,638 | $1.5M | New |
| BABA Alibaba Group Holding-SP ADR | 0.37% | 9,913 | $1.5M | Reduce -41.9% |
| ONTO Onto Innovation Inc. | 0.37% | 9,179 | $1.4M | Reduce -45.8% |
| ESOA Energy Services of America | 0.37% | 175,777 | $1.4M | Reduce -13.0% |
| VIG Vanguard Dividend Apprec ETF | 0.37% | 6,524 | $1.4M | No change |
| PONY Pony AI Inc. | 0.37% | 98,627 | $1.4M | Add +2.7% |
| TASEKO MINES LTD | 0.36% | 250,000 | $1.4M | No change |
| ENZL iShares MSCI New Zealand ETF | 0.35% | 30,000 | $1.4M | No change |
| AIRS Airsculpt Technologies Inc. | 0.34% | 669,944 | $1.3M | Add +552.9% |
| CNQ Canadian Natural Resources | 0.32% | 37,280 | $1.3M | No change |
| AMZN Amazon.com Inc. | 0.31% | 5,184 | $1.2M | Reduce -6.3% |
| NUVB Nuvation Bio Inc. | 0.30% | 130,000 | $1.2M | Add +328.6% |
| MRLN Merlin Inc. filed as INFLECTION POINT ACQUISITION | 0.28% | 100,000 | $1.1M | New |
| COMP Compass Inc. Class A | 0.27% | 100,000 | $1.1M | New |
| GPCR Structure Therapeutics Inc. | 0.27% | 14,835 | $1.0M | New |
| TRVI Trevi Therapeutics Inc. | 0.26% | 82,034 | $1.0M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.26% | 3,320 | $1.0M | Reduce -17.9% |
| TSHA Taysha Gene Therapies Inc. | 0.26% | 180,853 | $995K | Add +5067.2% |
| VNOM Viper Energy Partners LP | 0.24% | 23,794 | $919K | No change |
| STIM Neuronetics Inc. | 0.23% | 644,951 | $890K | Reduce -45.2% |
| CHA Chagee Holdings Ltd.-ADR | 0.22% | 75,000 | $872K | New |
| ACWI iShares MSCI Acwi ETF | 0.22% | 5,931 | $839K | No change |
| DQ Daqo New Energy Corp.-ADR | 0.22% | 28,439 | $839K | Add +29.9% |
| FDX FedEx Corp. | 0.21% | 2,813 | $813K | Add +27.6% |
| AEM Agnico Eagle Mines Ltd. | 0.20% | 4,693 | $796K | Add +203.0% |
| META Meta Platforms Inc. Class A | 0.19% | 1,125 | $743K | Reduce -9.9% |
| EXC Exelon Corp. | 0.19% | 16,674 | $727K | Add +44.9% |
| XPEV Xpeng Inc. - ADR | 0.18% | 34,614 | $702K | Add +5.5% |
| OGE Oge Energy Corp. | 0.17% | 15,929 | $680K | Add +0.9% |
| MNSO Miniso Group Holding Ltd.-ADR | 0.16% | 32,941 | $618K | No change |
| EWZ iShares MSCI Brazil ETF | 0.16% | 19,370 | $615K | Reduce -60.2% |
| GOOGL Alphabet Inc. Class A | 0.15% | 1,918 | $600K | Reduce -29.3% |
| CNP Centerpoint Energy Inc. | 0.15% | 15,568 | $597K | Add +33.0% |
| AEE Ameren Corporation | 0.15% | 5,677 | $567K | Reduce -22.5% |
| WEC WEC Energy Group Inc. | 0.14% | 5,315 | $561K | New |
| NB Niocorp Developments Ltd. | 0.14% | 104,193 | $552K | Reduce -33.4% |
| PNW Pinnacle West Capital | 0.14% | 6,195 | $550K | Add +117.4% |
| GDX Vaneck Gold Miners ETF | 0.14% | 6,153 | $528K | New |
| POET Poet Technologies Inc. | 0.14% | 83,094 | $526K | New |
| MSFT Microsoft Corp. | 0.13% | 1,071 | $518K | Reduce -22.6% |
| BWLP BW LPG Ltd. | 0.13% | 38,659 | $506K | New |
| TVA Texas Ventures Acquisition-A | 0.13% | 47,000 | $501K | New |
Options reported separately and not counted above: QQQ puts ($126.1M), SPY calls ($3.5M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $11K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| IBACR Ib Acquisition Corp.-RTS | RIGHT 09/28/2026 | 139,950 | $11K | No change |
Total filed on the 13F, all lines: $388.8M.
Portfolio Sells Q3 2025 → Q4 2025
| CNR Core Natural Resources Inc. | Sold out | 0.00% | −4.26 |
| EQT Eqt Corp. | Reduce -98.1% | 0.06% | −3.75 |
| EXE Expand Energy Corp. | Reduce -97.5% | 0.08% | −3.51 |
| TNK Teekay Tankers Ltd. Class A | Reduce -70.1% | 0.73% | −1.96 |
| AR Antero Resources Corp. | Reduce -94.9% | 0.08% | −1.62 |
| IMPP Imperial Petroleum Inc. | Reduce -28.8% | 1.05% | −1.23 |
| NAK Northern Dynasty Minerals | Sold out | 0.00% | −1.08 |
| STIM Neuronetics Inc. | Reduce -45.2% | 0.23% | −0.74 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.67 |
| RCAT Red Cat Holdings Inc. | Reduce -98.2% | 0.01% | −0.63 |
| RRC Range Resources Corp. | Sold out | 0.00% | −0.60 |
| UAMY United States Antimony Corp. | Sold out | 0.00% | −0.60 |
| OVV Ovintiv Inc. | Sold out | 0.00% | −0.57 |
| BABA Alibaba Group Holding-SP ADR | Reduce -41.9% | 0.37% | −0.55 |
| MTUS Metallus Inc. | Sold out | 0.00% | −0.53 |
| TRGP Targa Resources Corp. | Reduce -86.0% | 0.08% | −0.52 |
| IMSR Terrestrial Energy Inc. | Sold out | 0.00% | −0.51 |
| SITM Sitime Corp. | Reduce -49.3% | 0.52% | −0.50 |
| FEZ State Street SPDR Euro Stoxx | Sold out | 0.00% | −0.46 |
| TMQ Trilogy Metals Inc. | Sold out | 0.00% | −0.45 |
| WYFI Whitefiber Inc. | Sold out | 0.00% | −0.40 |
| USAR USA Rare Earth Inc. | Sold out | 0.00% | −0.36 |
| OSISKO DEVELOPMENT CORP | Sold out | 0.00% | −0.35 |
| TAC Transalta Corp. | Sold out | 0.00% | −0.33 |
| NGD New Gold Inc. | Reduce -95.1% | 0.02% | −0.30 |
| SBLK Star Bulk Carriers Corp. | Sold out | 0.00% | −0.30 |
| EWZ iShares MSCI Brazil ETF | Reduce -60.2% | 0.16% | −0.30 |
| BEKE Ke Holdings Inc.-ADR | Sold out | 0.00% | −0.29 |
| ONTO Onto Innovation Inc. | Reduce -45.8% | 0.37% | −0.29 |
| ASC Ardmore Shipping Corp. | Reduce -64.0% | 0.10% | −0.27 |
| DUK Duke Energy Corp. | Sold out | 0.00% | −0.27 |
| ESOA Energy Services of America | Reduce -13.0% | 0.37% | −0.26 |
| STNG Scorpio Tankers Inc. | Sold out | 0.00% | −0.26 |
| EWY iShares MSCI South Korea ETF | Sold out | 0.00% | −0.25 |
| STLN Starling Oncology Inc. | Reduce -2.4% | 1.40% | −0.25 |
| LNT Alliant Energy Corp. | Sold out | 0.00% | −0.23 |
| LUXE Luxexperience BV | Sold out | 0.00% | −0.21 |
| XPL Solitario Resources Corp. | Reduce -1.1% | 0.99% | −0.19 |
| NVT Nvent Electric PLC | Reduce -73.7% | 0.06% | −0.18 |
| GNK Genco Shipping & Trading Ltd. | Sold out | 0.00% | −0.18 |
| CLF Cleveland-Cliffs Inc. | Sold out | 0.00% | −0.17 |
| NB Niocorp Developments Ltd. | Reduce -33.4% | 0.14% | −0.17 |
| YMM Full Truck Alliance -SPN ADR | Sold out | 0.00% | −0.16 |
| XEL Xcel Energy Inc. | Reduce -65.3% | 0.06% | −0.15 |
| HNRG Hallador Energy Co. | Reduce -13.3% | 0.39% | −0.15 |
| FE Firstenergy Corp. | Sold out | 0.00% | −0.15 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.14 |
| INSW International Seaways Inc. | Reduce -48.1% | 0.12% | −0.14 |
| WMB Williams Cos Inc. | Sold out | 0.00% | −0.14 |
| NXE Nexgen Energy Ltd. | Reduce -75.6% | 0.04% | −0.13 |
Portfolio Buys Q3 2025 → Q4 2025
| SUNC Sunococorp LLC | New | 7.58% | +7.58 |
| NWAX.U New America Acquisition I Co. | New | 3.36% | +3.36 |
| RJET Republic Airways Holdings Inc. | New | 2.63% | +2.63 |
| CMCSA Comcast Corp. Class A | Add +821.4% | 2.54% | +2.20 |
| TIC Tic Solutions Inc. | New | 1.57% | +1.57 |
| AVDL Avadel Pharmaceuticals Ltd. | New | 1.51% | +1.51 |
| HAYMAKER ACQUISITION CORP 4 | New | 1.46% | +1.46 |
| MICC The Magnum Ice Cream Co. NV | New | 1.38% | +1.38 |
| ACMR Acm Research Inc. Class A | Add +80.2% | 3.40% | +1.21 |
| YPF YPF S.A.-Sponsored ADR | New | 1.20% | +1.20 |
| GFR Greenfire Resources Ltd. | Add +81.4% | 2.49% | +0.93 |
| ALM Almonty Industries Inc. | Add +202.6% | 1.25% | +0.92 |
| PDD PDD Holdings Inc. | Add +9075.5% | 0.89% | +0.87 |
| CVE Cenovus Energy Inc. | Add +23624.8% | 0.87% | +0.87 |
| PAM Pampa Energia SA-Spon ADR | New | 0.86% | +0.86 |
| DD Dupont DE Nemours Inc. | New | 0.83% | +0.83 |
| XLP SS Consumer Staples Sel Sect | New | 0.78% | +0.78 |
| HSAI Hesai Group | Add +374.0% | 1.06% | +0.73 |
| TGS Transportador Gas-ADR SP B | New | 0.72% | +0.72 |
| VCIC Vine Hill Capital Class A | New | 0.70% | +0.70 |
| SBSW Sibanye-Stillwater Ltd.-ADR | New | 0.69% | +0.69 |
| TEO Telecom Argentina SA-SP ADR | New | 0.67% | +0.67 |
| CENX Century Aluminum Company | Add +18.5% | 2.47% | +0.64 |
| SIL Global X Silver Miners ETF | Add +123.0% | 1.16% | +0.64 |
| RSP Invesco S&P 500 Equal Weight | New | 0.51% | +0.51 |
| VZLA Vizsla Silver Corp. | New | 0.51% | +0.51 |
| ARGT Global X MSCI Argentina ETF | New | 0.50% | +0.50 |
| CHTR Charter Communications Inc. Class A | New | 0.50% | +0.50 |
| ILF iShares Latin America 40 ETF | New | 0.50% | +0.50 |
| AAPL Apple Inc. | New | 0.46% | +0.46 |
| IHS Ihs Holding Ltd. | Add +100.1% | 0.96% | +0.44 |
| IBB iShares Biotechnology ETF | New | 0.42% | +0.42 |
| XLE SS Energy Select Sector | New | 0.38% | +0.38 |
| SILJ Amplify Junior Silver Miners | Add +846.2% | 0.40% | +0.36 |
| MOBILICOM LTD | Add +206.6% | 0.85% | +0.35 |
| MRLN Merlin Inc. | New | 0.28% | +0.28 |
| COMP Compass Inc. Class A | New | 0.27% | +0.27 |
| NUVB Nuvation Bio Inc. | Add +328.6% | 0.30% | +0.27 |
| GPCR Structure Therapeutics Inc. | New | 0.27% | +0.27 |
| TRVI Trevi Therapeutics Inc. | New | 0.26% | +0.26 |
| TSHA Taysha Gene Therapies Inc. | Add +5067.2% | 0.26% | +0.25 |
| CHA Chagee Holdings Ltd.-ADR | New | 0.22% | +0.22 |
| WEC WEC Energy Group Inc. | New | 0.14% | +0.14 |
| GDX Vaneck Gold Miners ETF | New | 0.14% | +0.14 |
| POET Poet Technologies Inc. | New | 0.14% | +0.14 |
| BWLP BW LPG Ltd. | New | 0.13% | +0.13 |
| TVA Texas Ventures Acquisition-A | New | 0.13% | +0.13 |
| EVRG Evergy Inc. | New | 0.13% | +0.13 |
| AEM Agnico Eagle Mines Ltd. | Add +203.0% | 0.20% | +0.13 |
| FUTU Futu Holdings Ltd.-ADR | Add +71.6% | 0.43% | +0.12 |
Options Activity Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -64.7% | 205,200 | $126.1M |
| SMH Vaneck Semiconductor ETF | put | Sold out | 26,600 | $8.7Mbefore exit |
| TLT iShares 20+ Year Treasury BD | call | Sold out | 69,600 | $6.2Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | call | New | 5,200 | $3.5M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 219 | $728.8M | MAKO, ACMR, TUSK, HSAI, PAM |
| Q1 2026 | 159 | $606.5M | MAKO, TUSK, ACMR, VIST, HSAI |
| Q4 2025 | 366 | $388.8M | TUSK, SUNC, NEPH, ACMR, NWAX.U |
| Q3 2025 | 393 | $332.0M | TUSK, NEPH, CNR, EQT, EXE |
| Q2 2025 | 239 | $358.5M | TUSK, CENX, NEPH, CLF, CMCSA |
| Q1 2025 | 216 | $384.6M | TUSK, X, CENX, ET, KWEB |
| Q4 2024 | 200 | $390.7M | TUSK, NBIS, X, ET, KOF |
| Q3 2024 | 163 | $417.9M | TUSK, T, KOF, KWEB, SBLK |
| Q2 2024 | 181 | $394.8M | TUSK, T, CVE, SBLK, KOF |
| Q1 2024 | 206 | $489.5M | TUSK, CVE, INSW, PBR, CRESCENT PT ENERGY CORP |