Thomist Capital Management
Thomist Capital Management reported 39 stocks worth $271M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are DAR (11.4%), ARIS (9.6%) and DHT (8.5%). Compared with Q1 2026, the fund opened new positions in DAR, GPRE and HBM, added to ARIS, DHT and CNR, trimmed DK, DINO and GSM and sold out of STLD, SSRM and EQX.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  DAR Darling Ingredients Inc | $30.9M | 11.4% | 566K | New position | 7 of 8 | |
| 2 |  ARIS Aris Mng Corp | $26.1M | 9.6% | 1.8M | +604K (+53%) | 3 of 8 | |
| 3 |  DHT Dht Holdings Inc F | $23M | 8.5% | 1.4M | +1.1M (+475%) | 2 of 8 | |
| 4 |  CNR Core Natural Resources Inc | $21.3M | 7.9% | 267K | +42K (+19%) | 4 of 8 | |
| 5 |  GPRE Green Plains Inc | $19.5M | 7.2% | 1.3M | New position | 5 of 8 | |
| 6 |  HBM Hudbay Minerals Inc | $17.3M | 6.4% | 734K | New position | 4 of 8 | |
| 7 |  VLRS Controladora Vuela Comp DE A | $16.4M | 6.1% | 1.8M | +216K (+14%) | 4 of 8 | |
| 8 |  FRO Frontline PLC | $12.9M | 4.7% | 370K | New position | 1 of 8 | |
| 9 |  DK Delek US Hldgs Inc New | $10.3M | 3.8% | 202K | −171K (−46%) | 3 of 8 | |
| 10 |  BTU Peabody Energy Corp | $9.8M | 3.6% | 422K | +191K (+82%) | 5 of 8 |
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| Stock | Value last quarter | Shares sold |
|---|---|---|
 STLD Steel Dynamics Inc | $19M | 105K |
 SSRM Ssr Mining in | $16.1M | 549K |
 EQX Equinox Gold Corp | $12.9M | 891K |
 PR Permian Resources Corp | $10.9M | 511K |
 LUV Southwest Airls Co | $10.8M | 288K |
🔒 Free account: see all 25.
Options
valued at the underlying shares| Stock | Type | Value | Shares | Change |
|---|---|---|---|---|
 PPC Pilgrims Pride Corp | Call | $14.1M | 500K | +500,000 |
 MOS Mosaic Co New | Call | $10.6M | 500K | +500,000 |
 OEF Iwm 270115P00240000 | Put | $10.5M | 35K | +35,000 |
 GDX Vaneck ETF Trust | Call | $6.9M | 70K | +70,000 |
 CBRS Cerebras Systems Inc | Call | $663K | 3,000 | +3,000 |
🔒 Free account: see all 6.
Reported value
last 8 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 →Thomist Capital Management 13F FAQ
What does Thomist Capital Management own?
Thomist Capital Management reported 39 stocks worth $271M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are DAR (11.4%), ARIS (9.6%) and DHT (8.5%). The table above lists every position in the filing (the top 10 without an account).
What did Thomist Capital Management buy and sell in Q2 2026?
Compared with Q1 2026: 21 new positions, 11 added to, 7 trimmed and 25 sold out. New positions include DAR, GPRE and HBM. It sold all of STLD, SSRM and EQX.
When will Thomist Capital Management 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 Thomist Capital Management's portfolio worth?
The Q2 2026 filing reports $271M in US stocks ($315M including options). 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.