Old West Investment Management, LLC

CIK

1549358

Location

Los Angeles, CA

Portfolio Value

Small $922,164,057

Diversification

Diversified

Filing Date

Global Rank

#1,846 / 8,607 ▲ 651 · as of Mar 2026

Top Industry

Oil & Gas Equipment & Services 10.2%

3Y Alpha vs SPY

+0.9%

Period ended 3 months ago

Filed May 12, 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

+78.9%

SPY

+75.2%

Annualised alpha

+0.8%

Max drawdown

−22.5%

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

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

Top Position

3.7%

−2.0 pts

Top 5

16.5%

−6.6 pts

Top 10

30.4%

−9.2 pts

HHI

182

Diversified−67

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Energy	36.0%	$332,311,759	24
Basic Materials	29.8%	$274,480,056	32
Industrials	14.0%	$129,467,377	26
Technology	9.1%	$83,850,133	21
Healthcare	4.6%	$42,346,738	6
Financial Services	4.2%	$38,547,470	6
Consumer Defensive	1.8%	$16,995,192	1
Utilities	0.2%	$2,270,884	1
Communication Services	0.1%	$887,465	2
Consumer Cyclical	0.1%	$576,693	2
Unclassified	0.0%	$430,290	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
AR	ANTERO RESOURCES Corp	+444,337	648,322	$27,514,785
SLB	Slb Limited/Nv	+439,090	491,952	$25,281,413
TDW	Tidewater Inc	+331,307	410,257	$34,276,972
SU	Suncor Energy Inc	+280,174	413,147	$27,313,148
PBR	Petrobras - Petroleo Brasileiro SA	+263,605	341,645	$7,089,133
CC	Chemours Co	+240,676	317,329	$6,990,757
CNR	Core Natural Resources, Inc.	+180,418	293,163	$30,702,960
OII	Oceaneering International Inc	+153,922	697,193	$24,729,435
NE	Noble Corp plc	+131,070	211,424	$10,374,575
GSM	Ferroglobe PLC	+127,838	3,926,619	$16,177,670
RIO	Rio Tinto PLC	+104,567	118,777	$11,080,706
LAR	Lithium Argentina AG	+86,129	119,218	$796,376
BA	Boeing Co	+45,299	46,895	$9,333,511
LAC	Lithium Americas Corp.	+32,464	839,855	$3,317,427
FCX	Freeport-Mcmoran Inc	+29,281	152,387	$8,957,307
NOV	NOV Inc.	+27,031	82,364	$1,549,266
NOC	Northrop Grumman Corp /De/	+25,759	27,539	$18,788,207
ACLS	Axcelis Technologies Inc	+24,417	42,481	$3,954,131
TMQ	Trilogy Metals Inc.	+22,625	4,701,712	$16,879,146
VIRT	Virtu Financial, Inc.	+17,765	389,462	$17,128,538
GLNG	Golar Lng Ltd	+13,995	73,247	$3,963,395
FLR	Fluor Corp	+13,820	31,939	$1,489,954
VECO	Veeco Instruments Inc	+9,217	80,645	$2,730,639
CTS	Cts Corp	+8,817	31,259	$1,492,929
AMR	Alpha Metallurgical Resources, Inc.	+7,572	36,475	$7,487,223
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NXE	NexGen Energy Ltd.	−776,199	1,941,596	$22,522,513
OMEX	Odyssey Marine Exploration Inc	−723,252	4,773,196	$3,980,845
TMC	TMC the metals Co Inc.	−658,310	1,204,038	$5,622,857
ELAN	Elanco Animal Health Inc	−209,192	290,156	$6,943,433
CNQ	CANADIAN NATURAL RESOURCES Ltd	−199,048	569,348	$27,744,328
AGI	Alamos Gold Inc	−161,318	322,384	$14,323,521
DNN	Denison Mines Corp.	−106,544	609,435	$2,151,305
BLDR	Builders FirstSource, Inc.	−80,796	42,219	$3,475,890
UHAL	U-Haul Holding Co /NV/	−74,030	79,320	$3,789,909
NOK	Nokia Corp	−52,840	1,538,731	$12,371,397
BG	Bunge Global SA	−51,790	133,610	$16,995,192
ALB	Albemarle Corp	−48,970	88,182	$15,831,314
AEM	Agnico Eagle Mines Ltd	−47,843	59,309	$12,038,540
BRKR	Bruker Corp	−43,770	641,000	$23,152,920
GMED	Globus Medical Inc	−28,845	72,672	$6,261,419
SSNC	SS&C Technologies Holdings Inc	−25,564	100,419	$6,785,311
VRT	Vertiv Holdings Co	−13,560	28,833	$7,224,973
AA	Alcoa Corp	−10,983	221,595	$14,698,396
ALLE	Allegion plc	−10,384	24,978	$3,629,053
CCJ	Cameco Corp	−8,100	194,147	$21,086,305
VAL	Valaris Ltd	−7,958	67,190	$6,587,307
MKSI	Mks Inc	−7,560	8,790	$2,020,029
LMT	Lockheed Martin Corp	−4,410	49,255	$29,769,229
WFRD	Weatherford International plc	−3,877	82,899	$7,840,587
ERII	Energy Recovery, Inc.	−3,268	46,676	$470,027
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
NTR	Nutrien Ltd.	390,348	$29,455,660
RRC	Range Resources Corp	527,318	$23,824,227
APD	Air Products & Chemicals, Inc.	81,929	$23,799,555
CF	CF Industries Holdings, Inc.	168,515	$21,879,987
VNOM	Viper Energy, Inc.	231,780	$10,891,342
DOW	Dow Inc.	246,526	$10,267,807
LYB	LyondellBasell Industries N.V.	127,282	$10,253,837
GEV	GE Vernova Inc.	10,815	$9,440,413
FMC	Fmc Corp	522,549	$8,998,293
UNP	Union Pacific Corp	36,925	$8,958,743
SWKS	Skyworks Solutions, Inc.	155,869	$8,346,784
GFS	GLOBALFOUNDRIES Inc.	151,125	$6,722,040
CE	Celanese Corp	92,769	$6,101,417
OLN	OLIN Corp	192,371	$5,719,189
HUN	Huntsman CORP	358,872	$4,776,586
CSX	Csx Corp	105,650	$4,336,932
CNI	Canadian National Railway Co	40,955	$4,208,945
NSC	Norfolk Southern Corp	14,315	$4,108,405
CP	Canadian Pacific Kansas City Ltd/Cn	52,030	$4,092,679
MOS	Mosaic Co	145,925	$3,721,087
SSL	Sasol Ltd	59,207	$767,322
NVTS	Navitas Semiconductor Corp	59,161	$518,841
BAK	Braskem SA	140,593	$514,570
KMI	Kinder Morgan, Inc.	15,079	$505,598
VZ	Verizon Communications Inc	9,659	$484,881
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
HCC	Warrior Met Coal, Inc.	79,862	$7,041,432
KW	Kennedy-Wilson Holdings, Inc.	500,000	$4,835,000
HL	Hecla Mining Co/De/	55,710	$1,069,074
ERO	Ero Copper Corp.	29,144	$824,483
LEU	Centrus Energy Corp	1,209	$293,496
URG	Ur-Energy Inc	55,110	$76,602
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

122 positions · $922,164,057 total · as of Mar 31, 2026

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

Showing 1–50 of 122 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TDW	Tidewater Inc Energy	Added	410,257	+331,307	$34,276,972	+759.6%	3.72%
CNR	Core Natural Resources, Inc. Energy	Added	293,163	+180,418	$30,702,960	+207.7%	3.33%
LMT	Lockheed Martin Corp Industrials	Reduced	49,255	-4,410	$29,769,229	+14.7%	3.23%
NTR	Nutrien Ltd. Basic Materials	NEW	390,348	NEW	$29,455,660	NEW	3.19%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Reduced	569,348	-199,048	$27,744,328	+6.7%	3.01%
AR	ANTERO RESOURCES Corp Energy	Added	648,322	+444,337	$27,514,785	+291.4%	2.98%
SU	Suncor Energy Inc Energy	Added	413,147	+280,174	$27,313,148	+363.0%	2.96%
SLB	Slb Limited/Nv Energy	Added	491,952	+439,090	$25,281,413	+1146.1%	2.74%
OII	Oceaneering International Inc Energy	Added	697,193	+153,922	$24,729,435	+89.4%	2.68%
RRC	Range Resources Corp Energy	NEW	527,318	NEW	$23,824,227	NEW	2.58%
APD	Air Products & Chemicals, Inc. Basic Materials	NEW	81,929	NEW	$23,799,555	NEW	2.58%
BRKR	Bruker Corp Healthcare	Reduced	641,000	-43,770	$23,152,920	−28.2%	2.51%
NXE	NexGen Energy Ltd. Energy	Reduced	1,941,596	-776,199	$22,522,513	−9.9%	2.44%
CF	CF Industries Holdings, Inc. Basic Materials	NEW	168,515	NEW	$21,879,987	NEW	2.37%
CCJ	Cameco Corp Energy	Reduced	194,147	-8,100	$21,086,305	+14.0%	2.29%
NOC	Northrop Grumman Corp /De/ Industrials	Added	27,539	+25,759	$18,788,207	+1751.1%	2.04%
VIRT	Virtu Financial, Inc. Financial Services	Added	389,462	+17,765	$17,128,538	+38.3%	1.86%
BG	Bunge Global SA Consumer Defensive	Reduced	133,610	-51,790	$16,995,192	+2.9%	1.84%
TMQ	Trilogy Metals Inc. Basic Materials	Added	4,701,712	+22,625	$16,879,146	−16.3%	1.83%
ASML	Asml Holding NV Technology	Added	12,543	+469	$16,567,170	+28.3%	1.80%
GSM	Ferroglobe PLC Basic Materials	Added	3,926,619	+127,838	$16,177,670	−8.2%	1.75%
ALB	Albemarle Corp Basic Materials	Reduced	88,182	-48,970	$15,831,314	−18.4%	1.72%
AA	Alcoa Corp Basic Materials	Reduced	221,595	-10,983	$14,698,396	+18.9%	1.59%
AGI	Alamos Gold Inc Basic Materials	Reduced	322,384	-161,318	$14,323,521	−23.2%	1.55%
NOK	Nokia Corp Technology	Reduced	1,538,731	-52,840	$12,371,397	+20.1%	1.34%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	59,309	-47,843	$12,038,540	−33.7%	1.31%
RIO	Rio Tinto PLC Basic Materials	Added	118,777	+104,567	$11,080,706	+874.4%	1.20%
VNOM	Viper Energy, Inc. Energy	NEW	231,780	NEW	$10,891,342	NEW	1.18%
NE	Noble Corp plc Energy	Added	211,424	+131,070	$10,374,575	+357.2%	1.13%
DOW	Dow Inc. Basic Materials	NEW	246,526	NEW	$10,267,807	NEW	1.11%
LYB	LyondellBasell Industries N.V. Basic Materials	NEW	127,282	NEW	$10,253,837	NEW	1.11%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	21,351	+904	$10,231,399	−0.5%	1.11%
GEV	GE Vernova Inc. Industrials	NEW	10,815	NEW	$9,440,413	NEW	1.02%
BA	Boeing Co Industrials	Added	46,895	+45,299	$9,333,511	+2593.5%	1.01%
FMC	Fmc Corp Basic Materials	NEW	522,549	NEW	$8,998,293	NEW	0.98%
UNP	Union Pacific Corp Industrials	NEW	36,925	NEW	$8,958,743	NEW	0.97%
FCX	Freeport-Mcmoran Inc Basic Materials	Added	152,387	+29,281	$8,957,307	+43.3%	0.97%
SWKS	Skyworks Solutions, Inc. Technology	NEW	155,869	NEW	$8,346,784	NEW	0.91%
WFRD	Weatherford International plc Energy	Reduced	82,899	-3,877	$7,840,587	+15.5%	0.85%
AMR	Alpha Metallurgical Resources, Inc. Basic Materials	Added	36,475	+7,572	$7,487,223	+29.6%	0.81%
VRT	Vertiv Holdings Co Industrials	Reduced	28,833	-13,560	$7,224,973	+5.2%	0.78%
PBR	Petrobras - Petroleo Brasileiro SA Energy	Added	341,645	+263,605	$7,089,133	+666.6%	0.77%
CC	Chemours Co Basic Materials	Added	317,329	+240,676	$6,990,757	+673.5%	0.76%
ELAN	Elanco Animal Health Inc Healthcare	Reduced	290,156	-209,192	$6,943,433	−38.6%	0.75%
SSNC	SS&C Technologies Holdings Inc Technology	Reduced	100,419	-25,564	$6,785,311	−38.4%	0.74%
GFS	GLOBALFOUNDRIES Inc. Technology	NEW	151,125	NEW	$6,722,040	NEW	0.73%
PBF	PBF Energy Inc. Energy	Held	140,690	0	$6,699,657	+75.6%	0.73%
VAL	Valaris Ltd Energy	Reduced	67,190	-7,958	$6,587,307	+73.9%	0.71%
GMED	Globus Medical Inc Healthcare	Reduced	72,672	-28,845	$6,261,419	−29.4%	0.68%
CE	Celanese Corp Basic Materials	NEW	92,769	NEW	$6,101,417	NEW	0.66%