Fearnley Asset Management AS
Fearnley Asset Management AS reported 16 stocks worth $278M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are SM (14.0%), AR (12.3%) and VTOL (10.3%). Compared with Q1 2026, the fund opened new positions in PR and ASC, added to SM, AR and VTOL, trimmed PBR, HAFN and ECO and sold out of STNG, FRO and TS.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 3 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  SM SM Energy Co | $39.1M | 14.0% | 1.5M | +107K (+8%) | 3 of 3 | |
| 2 |  AR Antero Resources Corp | $34.4M | 12.3% | 978K | +540K (+124%) | 3 of 3 | |
| 3 |  VTOL Bristow Group Inc | $28.8M | 10.3% | 696K | +55K (+9%) | 3 of 3 | |
| 4 |  PBR Petroleo Brasileiro SA Petro | $27.1M | 9.8% | 1.7M | −48K (−3%) | 3 of 3 | |
| 5 |  MTDR Matador Res Co | $25.7M | 9.2% | 516K | +1,000 (+0%) | 2 of 3 | |
| 6 |  SBLK Star Bulk Carriers Corp. | $25.1M | 9.0% | 1M | +53K (+6%) | 3 of 3 | |
| 7 |  TNK Teekay Tankers Ltd | $20.3M | 7.3% | 312K | +243K (+352%) | 3 of 3 | |
| 8 |  HAFN Hafnia Ltd | $14.6M | 5.3% | 2.2M | −929K (−29%) | 3 of 3 | |
| 9 |  SB Safe Bulkers Inc | $14.6M | 5.3% | 2.3M | +433K (+23%) | 3 of 3 | |
| 10 |  CMBT Cmb.tech NV | $12.1M | 4.3% | 862K | +161K (+23%) | 3 of 3 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026
Reported value
last 3 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 14, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Fearnley Asset Management AS 13F FAQ
What does Fearnley Asset Management AS own?
Fearnley Asset Management AS reported 16 stocks worth $278M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are SM (14.0%), AR (12.3%) and VTOL (10.3%). The table above lists every position in the filing (the top 10 without an account).
What did Fearnley Asset Management AS buy and sell in Q2 2026?
Compared with Q1 2026: 2 new positions, 11 added to, 3 trimmed and 5 sold out. New positions include PR and ASC. It sold all of STNG, FRO and TS.
When will Fearnley Asset Management AS file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is Fearnley Asset Management AS's portfolio worth?
The Q2 2026 filing reports $278M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.