Deep Basin Capital LP

CIK

1719655

Location

Stamford, CT

Portfolio Value

Small $388,683,563

Diversification

Diversified

Filing Date

Global Rank

#2,108 / 5,886 ▼ 250

Top Industry

Oil & Gas E&P 47.7%

3Y Alpha vs SPY

+3.6%

Period ended 5 years ago

Filed Feb 16, 2021 · 5y

4 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

+92.5%

SPY

+76.3%

Annualised alpha

+3.6%

Max drawdown

−23.1%

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, 2020 · Δ vs Sep 30, 2020

Top Position

9.3%

−5.6 pts

Top 5

38.0%

−14.1 pts

Top 10

64.1%

−9.2 pts

HHI

536

Diversified−221

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2020

Sector	% Portfolio	Value	Positions
Energy	89.8%	$349,067,983	20
Industrials	9.1%	$35,263,949	3
Consumer Cyclical	1.1%	$4,351,631	1

Last Quarter's Activity

Export CSV

Dec 31, 2020 vs Sep 30, 2020

Added To

Positions the filer increased

7 positions

Ticker	Company	Δ Shares	Shares	Value
CRK	Comstock Resources Inc	+1,246,668	6,490,294	$28,362,584
CNX	CNX Resources Corp	+940,550	1,856,791	$20,053,342
VIST	Vista Energy, S.A.B. de C.V.	+638,423	4,227,330	$10,821,964
RRC	Range Resources Corp	+552,124	1,302,124	$8,724,230
AR	ANTERO RESOURCES Corp	+350,000	5,100,000	$27,795,000
XOM	Exxon Mobil Corp	+275,000	575,000	$23,701,500
EQNR	Equinor ASA	+38,112	890,800	$14,626,936
No positions match the current search.

Trimmed

Positions the filer reduced

9 positions

Ticker	Company	Δ Shares	Shares	Value
DVN	Devon Energy Corp/De	−3,043,826	1,862,634	$29,448,243
TRGP	Targa Resources Corp.	−2,786,807	1,368,399	$36,098,365
OVV	Ovintiv Inc.	−1,350,000	500,000	$7,180,000
MUR	Murphy Oil Corp	−812,276	698,253	$8,448,861
WHD	Cactus, Inc.	−649,307	373,940	$9,748,615
GTLS	Chart Industries Inc	−466,270	188,953	$22,256,773
LNG	Cheniere Energy, Inc.	−388,353	282,503	$16,958,655
SLB	Slb Limited/Nv	−364,549	500,000	$10,915,000
TSLA	Tesla, Inc.	−31,500	18,500	$4,351,631
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
EQT	EQT Corp	2,059,167	$26,172,012
MGY	Magnolia Oil & Gas Corp	2,600,000	$18,356,000
WMB	Williams Companies, Inc.	800,000	$16,040,000
SU	Suncor Energy Inc	864,796	$14,511,276
WES	Western Midstream Partners, LP	900,000	$12,438,000
PLUG	Plug Power Inc	325,000	$11,020,750
CVE	Cenovus Energy Inc.	1,435,000	$8,667,400
BLDP	Ballard Power Systems Inc.	84,890	$1,986,426
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
CVX	Chevron Corp	300,000	$21,600,000
PAGP	Plains Gp Holdings LP	2,100,000	$12,789,000
MPLX	Mplx LP	750,000	$11,805,000
ET	Energy Transfer LP	2,000,000	$10,840,000
MTDR	Matador Resources Co	320,800	$2,649,808
BP	Bp PLC	140,528	$2,453,618
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

24 positions · $388,683,563 total · as of Dec 31, 2020

All sectors Consumer Cyclical Energy Industrials

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TRGP	Targa Resources Corp. Energy	Reduced	1,368,399	-2,786,807	$36,098,365	−38.1%	9.29%
DVN	Devon Energy Corp/De Energy	Reduced	1,862,634	-3,043,826	$29,448,243	−36.6%	7.58%
CRK	Comstock Resources Inc Energy	Added	6,490,294	+1,246,668	$28,362,584	+23.5%	7.30%
AR	ANTERO RESOURCES Corp Energy	Added	5,100,000	+350,000	$27,795,000	+112.8%	7.15%
EQT	EQT Corp Energy	NEW	2,059,167	NEW	$26,172,012	NEW	6.73%
XOM	Exxon Mobil Corp Energy	Added	575,000	+275,000	$23,701,500	+130.1%	6.10%
GTLS	Chart Industries Inc Industrials	Reduced	188,953	-466,270	$22,256,773	−51.7%	5.73%
CNX	CNX Resources Corp Energy	Added	1,856,791	+940,550	$20,053,342	+131.8%	5.16%
MGY	Magnolia Oil & Gas Corp Energy	NEW	2,600,000	NEW	$18,356,000	NEW	4.72%
LNG	Cheniere Energy, Inc. Energy	Reduced	282,503	-388,353	$16,958,655	−45.4%	4.36%
WMB	Williams Companies, Inc. Energy	NEW	800,000	NEW	$16,040,000	NEW	4.13%
EQNR	Equinor ASA Energy	Added	890,800	+38,112	$14,626,936	+22.0%	3.76%
SU	Suncor Energy Inc Energy	NEW	864,796	NEW	$14,511,276	NEW	3.73%
WES	Western Midstream Partners, LP Energy	NEW	900,000	NEW	$12,438,000	NEW	3.20%
PLUG	Plug Power Inc Industrials	NEW	325,000	NEW	$11,020,750	NEW	2.84%
SLB	Slb Limited/Nv Energy	Reduced	500,000	-364,549	$10,915,000	−18.9%	2.81%
VIST	Vista Energy, S.A.B. de C.V. Energy	Added	4,227,330	+638,423	$10,821,964	+34.0%	2.78%
WHD	Cactus, Inc. Energy	Reduced	373,940	-649,307	$9,748,615	−50.4%	2.51%
RRC	Range Resources Corp Energy	Added	1,302,124	+552,124	$8,724,230	+75.7%	2.24%
CVE	Cenovus Energy Inc. Energy	NEW	1,435,000	NEW	$8,667,400	NEW	2.23%
MUR	Murphy Oil Corp Energy	Reduced	698,253	-812,276	$8,448,861	−37.3%	2.17%
OVV	Ovintiv Inc. Energy	Reduced	500,000	-1,350,000	$7,180,000	−52.4%	1.85%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	18,500	-31,500	$4,351,631	−39.1%	1.12%
BLDP	Ballard Power Systems Inc. Industrials	NEW	84,890	NEW	$1,986,426	NEW	0.51%