Impala Asset Management LLC
Filing Date
Global Rank
#4,231
/ 8,586
▲ 787
Top Industry
Aluminum
33.4%
3Y Alpha vs SPY
+0.3%
Period ended 3 months ago
Filed May 13, 2026 · 34d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+79.3%
SPY
+78.1%
Annualised alpha
+0.3%
Max drawdown
−41.4%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
24 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
29.0%
+6.3 pts
Top 5
62.5%
−4.1 pts
Top 10
81.4%
−2.6 pts
HHI
1,293
Diversified+83
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Basic Materials | 70.5% | $139,092,991 |
| Consumer Cyclical | 18.5% | $36,436,273 |
| Energy | 7.0% | $13,765,724 |
| Industrials | 4.1% | $8,032,200 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
4 positions
Trimmed
Positions the filer reduced
6 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TROX | Tronox Holdings plc | −613,851 | 530,000 | $5,178,100 | |
| HUN | Huntsman CORP | −327,000 | 540,000 | $7,187,400 | |
| ARCB | Arcbest Corp /De/ | −50,000 | 20,000 | $1,967,200 | |
| MT | ArcelorMittal | −47,979 | 110,887 | $5,763,906 | |
| SBLK | Star Bulk Carriers Corp. | −47,000 | 120,000 | $2,756,400 | |
| FANG | Diamondback Energy, Inc. | −10,000 | 10,000 | $1,977,900 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
13 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| EMN | Eastman Chemical Co | 115,000 | $8,776,800 | |
| PPG | Ppg Industries Inc | 82,000 | $8,764,160 | |
| AA | Alcoa Corp | 130,000 | $8,622,900 | |
| SLB | Slb Limited/Nv | 157,284 | $8,082,824 | |
| CE | Celanese Corp | 110,000 | $7,234,700 | |
| ANF | Abercrombie & Fitch Co /De/ | 67,000 | $6,121,790 | |
| WFG | West Fraser Timber Co., Ltd | 44,826 | $2,926,689 | |
| AEO | American Eagle Outfitters Inc | 145,300 | $2,426,510 | |
| LULU | lululemon athletica inc. | 15,000 | $2,296,500 | |
| CRC | California Resources Corp | 25,000 | $1,730,500 | |
| BLDR | Builders FirstSource, Inc. | 20,000 | $1,646,600 | |
| APA | APA Corp | 25,000 | $1,061,000 | |
| DHT | DHT Holdings, Inc. | 50,000 | $913,500 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
10 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| WHR | Whirlpool Corp /De/ | 110,000 | $7,935,400 | |
| AMR | Alpha Metallurgical Resources, Inc. | 22,000 | $4,397,360 | |
| OLN | OLIN Corp | 167,000 | $3,478,610 | |
| RIO | Rio Tinto PLC | 40,194 | $3,216,725 | |
| NGD | New Gold Inc. /FI | 300,000 | $2,613,000 | |
| VALE | Vale S.A. | 160,000 | $2,084,800 | |
| HY | Hyster-Yale, Inc. | 50,000 | $1,485,500 | |
| FLNC | Fluence Energy, Inc. | 60,000 | $1,186,800 | |
| VRA | Vera Bradley, Inc. | 403,447 | $976,341 | |
| PGEN | Precigen, Inc. | 165,000 | $689,700 | |
| No positions match the current search. | ||||
10 positions ·
$139,092,991 total
· Basic Materials only
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| WFG |
West Fraser Timber Co., Ltd
Basic Materials
|
NEW | 44,826 | $2,926,689 | 2.10% | |
| TROX |
Tronox Holdings plc
Basic Materials
|
Reduced | 530,000 | $5,178,100 | 3.72% | |
| MT |
ArcelorMittal
Basic Materials
|
Reduced | 110,887 | $5,763,906 | 4.14% | |
| HUN |
Huntsman CORP
Basic Materials
|
Reduced | 540,000 | $7,187,400 | 5.17% | |
| CE |
Celanese Corp
Basic Materials
|
NEW | 110,000 | $7,234,700 | 5.20% | |
| AA |
Alcoa Corp
Basic Materials
|
NEW | 130,000 | $8,622,900 | 6.20% | |
| PPG |
Ppg Industries Inc
Basic Materials
|
NEW | 82,000 | $8,764,160 | 6.30% | |
| EMN |
Eastman Chemical Co
Basic Materials
|
NEW | 115,000 | $8,776,800 | 6.31% | |
| ERO |
Ero Copper Corp.
Basic Materials
|
Added | 1,027,956 | $27,415,586 | 19.71% | |
| CENX |
Century Aluminum Co
Basic Materials
|
Added | 975,000 | $57,222,750 | 41.14% |