HOURGLASS CAPITAL, LLC

CIK

1442573

Location

HOUSTON, TX

Portfolio Value

Small $448,581,722

Diversification

Diversified

Filing Date

Global Rank

#2,748 / 8,605 ▲ 53 · as of Mar 2026

Top Industry

Drug Manufacturers - General 6.3%

3Y Alpha vs SPY

+0.1%

Period ended 3 months ago

Filed May 4, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+77.7%

SPY

+76.5%

Annualised alpha

+0.3%

Max drawdown

−17.4%

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

108 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

2.9%

−0.6 pts

Top 5

13.9%

−1.5 pts

Top 10

26.0%

−1.1 pts

HHI

172

Diversified+3

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	19.2%	$86,245,259	18
Financial Services	16.4%	$73,720,492	22
Energy	15.0%	$67,068,849	23
Basic Materials	9.7%	$43,683,714	7
Healthcare	9.5%	$42,640,473	7
Consumer Defensive	7.2%	$32,204,683	7
Communication Services	6.3%	$28,357,235	5
Industrials	6.0%	$27,005,851	8
Real Estate	4.3%	$19,335,397	3
Unclassified	3.2%	$14,131,839	3
Consumer Cyclical	3.1%	$13,699,243	4
Utilities	0.1%	$488,687	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SOFI	SoFi Technologies, Inc.	+159,800	169,800	$2,696,424
UBER	Uber Technologies, Inc	+136,681	141,335	$10,166,226
KHC	Kraft Heinz Co	+129,710	328,800	$7,394,712
FLG	Flagstar Bank, National Association	+103,000	230,000	$3,029,100
VZ	Verizon Communications Inc	+56,440	118,458	$5,946,591
MO	Altria Group, Inc.	+48,583	58,483	$3,859,293
NVDA	Nvidia Corp	+22,900	63,875	$11,139,800
UPS	United Parcel Service Inc	+22,790	63,855	$6,282,054
UNP	Union Pacific Corp	+21,526	28,081	$6,813,012
LYB	LyondellBasell Industries N.V.	+19,730	121,273	$9,769,752
FCX	Freeport-Mcmoran Inc	+18,495	173,688	$10,209,380
SPY	Spdr S&P 500 ETF Trust	+16,180	17,164	$11,162,435
WDS	Woodside Energy Group Ltd	+15,050	324,360	$7,745,716
VICI	Vici Properties Inc.	+12,301	221,558	$6,052,964
MSFT	Microsoft Corp	+11,056	24,261	$8,980,694
T	At&T Inc.	+5,840	214,790	$6,226,762
GSK	GSK plc	+5,804	144,213	$7,959,115
AVGO	Broadcom Inc.	+4,350	25,190	$7,796,556
HPQ	Hp Inc	+4,270	252,139	$4,843,590
HD	Home Depot, Inc.	+2,733	22,890	$7,528,292
SJM	J M SMUCKER Co	+2,060	51,430	$4,959,909
BHP	BHP Group Ltd	+1,434	96,140	$6,993,223
QCOM	Qualcomm Inc/De	+1,150	28,265	$3,639,966
LMT	Lockheed Martin Corp	+570	1,570	$948,892
LAMR	Lamar Advertising Co/New	+497	48,660	$6,163,275
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DOW	Dow Inc.	−105,902	63,251	$2,634,404
BKR	Baker Hughes Co	−97,510	51,750	$3,159,337
PFE	Pfizer Inc	−90,550	347,598	$9,760,551
DAL	Delta Air Lines, Inc.	−83,264	30,550	$2,030,964
SLB	Slb Limited/Nv	−62,235	172,680	$8,874,025
NEM	NEWMONT Corp /DE/	−37,814	117,620	$12,732,365
VLO	Valero Energy Corp/Tx	−32,786	869	$214,712
CLF	Cleveland-Cliffs Inc.	−31,800	53,200	$449,540
KMI	Kinder Morgan, Inc.	−28,700	250,519	$8,399,902
FHI	Federated Hermes, Inc.	−25,168	37,050	$2,101,105
FFIN	First Financial Bankshares Inc	−17,000	40,000	$1,178,000
PM	Philip Morris International Inc.	−15,411	37,994	$6,281,927
IRM	Iron Mountain Inc	−10,360	69,700	$7,119,158
KEX	Kirby Corp	−9,515	65,565	$8,712,277
CSCO	Cisco Systems, Inc.	−8,530	140,292	$10,885,256
RF	Regions Financial Corp	−7,969	200,390	$5,234,186
WMB	Williams Companies, Inc.	−7,320	112,890	$8,216,134
MOS	Mosaic Co	−7,000	35,100	$895,050
FITB	Fifth Third Bancorp	−6,499	38,350	$1,781,741
WMT	Walmart Inc.	−6,448	69,145	$8,593,340
MS	Morgan Stanley	−6,050	64,100	$10,548,937
C	Citigroup Inc	−5,505	110,717	$12,556,414
ABT	Abbott Laboratories	−5,000	5,000	$513,350
ABBV	AbbVie Inc.	−4,846	34,070	$7,409,884
CVX	Chevron Corp	−4,225	42,014	$8,692,696
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AMZN	Amazon Com Inc	18,820	$3,919,641
PANW	Palo Alto Networks Inc	22,625	$3,627,240
QQQ	Invesco Qqq Trust, Series 1	4,511	$2,603,658
META	Meta Platforms, Inc.	3,025	$1,730,693
JFR	Nuveen Floating Rate Income Fund	197,523	$1,485,372
MPLX	Mplx LP	25,872	$1,476,515
NFLX	Netflix Inc	15,000	$1,442,250
EPD	Enterprise Products Partners L.P.	37,447	$1,416,994
MSD	Morgan Stanley Emerging Markets Debt Fund Inc	195,600	$1,373,112
PWR	Quanta Services, Inc.	2,500	$1,372,550
TSLA	Tesla, Inc.	3,450	$1,282,537
TRGP	Targa Resources Corp.	4,998	$1,253,148
CRM	Salesforce, Inc.	6,450	$1,204,021
AWF	Alliancebernstein Global High Income Fund Inc	109,380	$1,112,394
ET	Energy Transfer LP	57,141	$1,102,821
FCT	First Trust Senior Floating Rate Income Fund II	113,800	$1,097,032
PLTR	Palantir Technologies Inc.	7,250	$1,060,530
EFR	Eaton Vance Senior Floating-Rate Trust	96,500	$1,017,110
APO	Apollo Global Management, Inc.	6,900	$768,798
MSDL	Morgan Stanley Direct Lending Fund	48,672	$679,461
WES	Western Midstream Partners, LP	13,308	$547,890
CEG	Constellation Energy Corp	1,750	$488,687
TRP	Tc Energy Corp	7,760	$485,776
NEXT	NextDecade Corp	55,814	$427,535
ANET	Arista Networks, Inc.	3,250	$399,035
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
GM	General Motors Co	81,377	$6,617,577
NRG	Nrg Energy, Inc.	37,940	$6,041,565
MCK	Mckesson Corp	5,990	$4,913,537
MMM	3M Co	22,390	$3,584,639
HPE	Hewlett Packard Enterprise Co	143,110	$3,437,502
UGI	Ugi Corp /Pa/	87,030	$3,257,532
CPRI	Capri Holdings Ltd	131,230	$3,202,012
CMCSA	Comcast Corp	114,140	$3,197,415
BIIB	Biogen Inc.	17,550	$3,088,624
CXW	CoreCivic, Inc.	159,890	$3,055,497
BAC	Bank Of America Corp /De/	51,787	$2,848,285
TNL	Travel & Leisure Co.	39,395	$2,778,529
OI	O-I Glass, Inc. /DE/	175,000	$2,583,000
CAG	Conagra Brands Inc.	144,240	$2,496,794
LNG	Cheniere Energy, Inc.	11,565	$2,248,120
SYY	Sysco Corp	20,120	$1,482,642
TAP	Molson Coors Beverage Co	25,775	$1,203,177
JPM	Jpmorgan Chase & Co	2,906	$936,371
LIN	Linde PLC	2,002	$853,632
RTX	RTX Corp	3,000	$550,200
ROST	Ross Stores, Inc.	2,600	$468,364
AMGN	Amgen Inc	1,347	$440,886
BA	Boeing Co	1,500	$325,680
MPC	Marathon Petroleum Corp	2,000	$325,260
GD	General Dynamics Corp	919	$309,390
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

108 positions · $448,581,722 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 108 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CNR	Core Natural Resources, Inc. Energy	Reduced	124,376	-819	$13,025,898	+17.6%	2.90%
GOOGL	Alphabet Inc. Communication Services	Reduced	45,246	-3,034	$13,010,939	−13.9%	2.90%
NEM	NEWMONT Corp /DE/ Basic Materials	Reduced	117,620	-37,814	$12,732,365	−18.0%	2.84%
C	Citigroup Inc Financial Services	Reduced	110,717	-5,505	$12,556,414	−7.4%	2.80%
SPY	Spdr S&P 500 ETF Trust	Added	17,164	+16,180	$11,162,435	+1563.5%	2.49%
GS	Goldman Sachs Group Inc Financial Services	Reduced	13,179	-915	$11,149,302	−10.0%	2.49%
NVDA	Nvidia Corp Technology	Added	63,875	+22,900	$11,139,800	+45.8%	2.48%
CSCO	Cisco Systems, Inc. Technology	Reduced	140,292	-8,530	$10,885,256	−5.0%	2.43%
MS	Morgan Stanley Financial Services	Reduced	64,100	-6,050	$10,548,937	−15.3%	2.35%
FCX	Freeport-Mcmoran Inc Basic Materials	Added	173,688	+18,495	$10,209,380	+29.5%	2.28%
UBER	Uber Technologies, Inc Technology	Added	141,335	+136,681	$10,166,226	+2573.4%	2.27%
LYB	LyondellBasell Industries N.V. Basic Materials	Added	121,273	+19,730	$9,769,752	+122.2%	2.18%
PFE	Pfizer Inc Healthcare	Reduced	347,598	-90,550	$9,760,551	−10.5%	2.18%
MSFT	Microsoft Corp Technology	Added	24,261	+11,056	$8,980,694	+40.6%	2.00%
SLB	Slb Limited/Nv Energy	Reduced	172,680	-62,235	$8,874,025	−1.6%	1.98%
KEX	Kirby Corp Industrials	Reduced	65,565	-9,515	$8,712,277	+5.3%	1.94%
CVX	Chevron Corp Energy	Reduced	42,014	-4,225	$8,692,696	+23.3%	1.94%
WMT	Walmart Inc. Consumer Defensive	Reduced	69,145	-6,448	$8,593,340	+2.0%	1.92%
KMI	Kinder Morgan, Inc. Energy	Reduced	250,519	-28,700	$8,399,902	+9.4%	1.87%
WMB	Williams Companies, Inc. Energy	Reduced	112,890	-7,320	$8,216,134	+13.7%	1.83%
GSK	GSK plc Healthcare	Added	144,213	+5,804	$7,959,115	+17.3%	1.77%
HCA	HCA Healthcare, Inc. Healthcare	Reduced	16,665	-1,440	$7,886,544	−6.7%	1.76%
AVGO	Broadcom Inc. Technology	Added	25,190	+4,350	$7,796,556	+8.1%	1.74%
WDS	Woodside Energy Group Ltd Energy	Added	324,360	+15,050	$7,745,716	+60.6%	1.73%
HD	Home Depot, Inc. Consumer Cyclical	Added	22,890	+2,733	$7,528,292	+8.5%	1.68%
ABBV	AbbVie Inc. Healthcare	Reduced	34,070	-4,846	$7,409,884	−16.7%	1.65%
KHC	Kraft Heinz Co Consumer Defensive	Added	328,800	+129,710	$7,394,712	+53.2%	1.65%
ORCL	Oracle Corp Technology	Added	49,306	+12	$7,253,405	−24.5%	1.62%
IRM	Iron Mountain Inc Real Estate	Reduced	69,700	-10,360	$7,119,158	+7.2%	1.59%
ZBH	Zimmer Biomet Holdings, Inc. Healthcare	Reduced	78,055	-95	$7,057,733	+0.4%	1.57%
BHP	BHP Group Ltd Basic Materials	Added	96,140	+1,434	$6,993,223	+22.3%	1.56%
UNP	Union Pacific Corp Industrials	Added	28,081	+21,526	$6,813,012	+349.3%	1.52%
AAPL	Apple Inc. Technology	Reduced	26,307	-1,675	$6,676,453	−12.2%	1.49%
MAIN	Main Street Capital CORP Financial Services	Reduced	123,550	-1,310	$6,543,208	−13.2%	1.46%
VLY	Valley National Bancorp Financial Services	Reduced	520,116	-2,020	$6,387,024	+4.7%	1.42%
UPS	United Parcel Service Inc Industrials	Added	63,855	+22,790	$6,282,054	+54.2%	1.40%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	37,994	-15,411	$6,281,927	−26.7%	1.40%
T	At&T Inc. Communication Services	Added	214,790	+5,840	$6,226,762	+20.0%	1.39%
LAMR	Lamar Advertising Co/New Real Estate	Added	48,660	+497	$6,163,275	+1.1%	1.37%
IBM	International Business Machines Corp Technology	Added	25,264	+300	$6,123,740	−17.2%	1.37%
VICI	Vici Properties Inc. Real Estate	Added	221,558	+12,301	$6,052,964	+2.9%	1.35%
VZ	Verizon Communications Inc Communication Services	Added	118,458	+56,440	$5,946,591	+135.4%	1.33%
RF	Regions Financial Corp Financial Services	Reduced	200,390	-7,969	$5,234,186	−7.3%	1.17%
SJM	J M SMUCKER Co Consumer Defensive	Added	51,430	+2,060	$4,959,909	+2.7%	1.11%
HPQ	Hp Inc Technology	Added	252,139	+4,270	$4,843,590	−12.3%	1.08%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	18,820	NEW	$3,919,641	NEW	0.87%
MO	Altria Group, Inc. Consumer Defensive	Added	58,483	+48,583	$3,859,293	+576.1%	0.86%
QCOM	Qualcomm Inc/De Technology	Added	28,265	+1,150	$3,639,966	−21.5%	0.81%
PANW	Palo Alto Networks Inc Technology	NEW	22,625	NEW	$3,627,240	NEW	0.81%
BKR	Baker Hughes Co Energy	Reduced	51,750	-97,510	$3,159,337	−53.5%	0.70%