KEY GROUP HOLDINGS (CAYMAN), LTD.

CIK

1549641

Location

NASSAU, C5

Portfolio Value

Mid $1,763,828,180

Diversification

Diversified

Filing Date

Global Rank

#1,169 / 8,036 ▲ 15

Top Industry

Oil & Gas E&P 43.1%

3Y Alpha vs SPY

+2.6%

Period ended 1 year ago

Filed Feb 14, 2025 · 1y

20 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+90.9%

SPY

+76.5%

Annualised alpha

+3.2%

Max drawdown

−22.3%

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 Dec 31, 2024 · Δ vs Sep 30, 2024

Top Position

20.6%

+4.6 pts

Top 5

65.2%

+12.0 pts

Top 10

87.8%

+7.8 pts

HHI

1,062

Diversified+259

Portfolio Trend

20 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2024

Sector	% Portfolio	Value	Positions
Energy	52.1%	$919,497,582	13
Consumer Cyclical	22.6%	$399,198,560	2
Basic Materials	15.6%	$275,315,536	5
Technology	8.9%	$156,665,936	2
Unclassified	0.7%	$12,528,000	1
Financial Services	0.0%	$622,566	1

Last Quarter's Activity

Export CSV

Dec 31, 2024 vs Sep 30, 2024

Added To

Positions the filer increased

5 positions

Ticker	Company	Δ Shares	Shares	Value
NXT	Nextpower Inc.	+531,785	2,642,785	$96,540,936
OXY	Occidental Petroleum Corp /De/	+371,000	566,000	$27,966,060
PAGP	Plains Gp Holdings LP	+255,000	845,000	$15,531,100
GPK	Graphic Packaging Holding Co	+245,600	1,316,000	$35,742,560
VAL	Valaris Ltd	+140,000	1,042,000	$46,098,080
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
AR	ANTERO RESOURCES Corp	−2,547,000	407,000	$14,265,350
EQT	EQT Corp	−1,243,000	198,000	$9,129,780
WFG	West Fraser Timber Co., Ltd	−153,000	154,000	$13,328,700
TSLA	Tesla, Inc.	−100,000	900,000	$363,456,000
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
EXE	EXPAND ENERGY Corp	2,025,000	$201,588,750
AA	Alcoa Corp	717,000	$27,088,260
STLD	Steel Dynamics Inc	52,000	$5,931,640
YPF	Ypf Sociedad Anonima	100,000	$4,251,000
SLB	Slb Limited/Nv	12,500	$479,250
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
BTU	Peabody Energy Corp	1,197,000	$31,768,380
CTRA	Coterra Energy Inc.	1,306,257	$31,284,855
MUR	Murphy Oil Corp	790,432	$26,669,175
PR	Permian Resources Corp	1,714,048	$23,328,193
SU	Suncor Energy Inc	338,637	$12,502,478
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

24 positions · $1,763,828,180 total · as of Dec 31, 2024

All sectors Basic Materials Consumer Cyclical Energy Financial Services Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	900,000	-100,000	$363,456,000	+38.9%	20.61%
RRC	Range Resources Corp Energy	Held	6,210,000	0	$223,435,800	+17.0%	12.67%
CRK	Comstock Resources Inc Energy	Held	12,125,000	0	$220,917,500	+63.7%	12.52%
EXE	EXPAND ENERGY Corp Energy	NEW	2,025,000	NEW	$201,588,750	NEW	11.43%
HCC	Warrior Met Coal, Inc. Basic Materials	Held	2,591,350	0	$140,554,824	−15.1%	7.97%
NXT	Nextpower Inc. Technology	Added	2,642,785	+531,785	$96,540,936	+22.0%	5.47%
NE	Noble Corp plc Energy	Held	3,055,090	0	$95,929,826	−13.1%	5.44%
MT	ArcelorMittal Basic Materials	Held	3,822,400	0	$88,412,112	−11.9%	5.01%
RUN	Sunrun Inc. Technology	Held	6,500,000	0	$60,125,000	−48.8%	3.41%
CHRD	Chord Energy Corp Energy	Held	485,998	0	$56,822,886	−10.2%	3.22%
VAL	Valaris Ltd Energy	Added	1,042,000	+140,000	$46,098,080	−8.3%	2.61%
GPK	Graphic Packaging Holding Co Consumer Cyclical	Added	1,316,000	+245,600	$35,742,560	+12.8%	2.03%
OXY	Occidental Petroleum Corp /De/ Energy	Added	566,000	+371,000	$27,966,060	+178.3%	1.59%
AA	Alcoa Corp Basic Materials	NEW	717,000	NEW	$27,088,260	NEW	1.54%
PAGP	Plains Gp Holdings LP Energy	Added	845,000	+255,000	$15,531,100	+42.3%	0.88%
AR	ANTERO RESOURCES Corp Energy	Reduced	407,000	-2,547,000	$14,265,350	−83.1%	0.81%
WFG	West Fraser Timber Co., Ltd Basic Materials	Reduced	154,000	-153,000	$13,328,700	−55.4%	0.76%
PALL	abrdn Palladium ETF Trust	Held	150,000	0	$12,528,000	−8.9%	0.71%
EQT	EQT Corp Energy	Reduced	198,000	-1,243,000	$9,129,780	−82.7%	0.52%
STLD	Steel Dynamics Inc Basic Materials	NEW	52,000	NEW	$5,931,640	NEW	0.34%
YPF	Ypf Sociedad Anonima Energy	NEW	100,000	NEW	$4,251,000	NEW	0.24%
NXE	NexGen Energy Ltd. Energy	Held	467,000	0	$3,082,200	+1.1%	0.17%
SPPP	Sprott Physical Platinum & Palladium Trust Financial Services	Held	70,030	0	$622,566	−9.5%	0.04%
SLB	Slb Limited/Nv Energy	NEW	12,500	NEW	$479,250	NEW	0.03%