Yaupon Capital Management LP

Registered adviser

CIK

1755028

Location

NEW YORK, NY

Portfolio Value

Mid $5,073,629,129

Diversification

Diversified

Filing Date

Global Rank

#881 / 8,819 ▲ 199

Top Industry

Oil & Gas E&P 13.1%

Period ended 4 months ago

Filed Aug 14, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 298556

Roster of Oct 1, 2026

Regulatory AUM

$4,684,175,000

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

2 funds · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$4,684,176,000 gross assets

LEI

549300EJ1UX76IPJ6471

Private funds on Schedule D 7.B.(1)

As filed Sep 20, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$2,795,568,000 gross assets in 2 funds Hedge funds $2,795,568,000 (2)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$4,684,175,000	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$3,645,096,000	Pooled investment vehicles (100%)
Oct 2024 to Mar 2025	$2,795,568,000	Pooled investment vehicles (100%)
Apr 2024 to Sep 2024	$2,317,403,000	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$1,426,932,891	Pooled investment vehicles (100%)
Apr 2023	$1,426,932,891	Pooled investment vehicles (100%)

4 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 27.3%, 61.3 effective positions, active share 94.8% against the S&P MidCap 400 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

136.5% over the last four quarters (100%+)

Horizon

Medium horizon

Value-weighted holding period 4.2 quarters (4 to under 12)

Closest benchmark: the S&P MidCap 400 as of 2026-06-30, active share 94.8%; sector active share 71.8% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

116 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

28.4%

+7.8 pts

Top 5

39.0%

+4.3 pts

Top 10

47.0%

−0.3 pts

HHI

892

Diversified+328

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	32.7%	$1,661,375,300	3
Energy	24.8%	$1,259,311,894	35
Utilities	17.8%	$901,372,184	22
Industrials	11.9%	$605,640,692	22
Technology	4.7%	$239,942,119	8
Basic Materials	4.5%	$228,688,039	9
Financial Services	2.0%	$103,171,264	13
Communication Services	0.8%	$40,470,780	1
Consumer Defensive	0.6%	$28,541,857	2
Consumer Cyclical	0.1%	$5,115,000	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
BKV	BKV Corp	+728,364	2,768,719	$75,752,151
DINO	HF Sinclair Corp	+633,027	639,708	$44,555,662
WMB	Williams Companies, Inc.	+607,368	1,088,549	$80,922,732
FPS	Forgent Power Solutions, Inc.	+600,000	1,000,000	$55,860,000
PAGP	Plains Gp Holdings LP	+576,717	1,354,670	$32,877,840
NFG	National Fuel Gas Co	+516,346	1,559,618	$120,418,105
NI	Nisource Inc.	+506,936	1,749,831	$83,204,464
OVV	Ovintiv Inc.	+444,037	1,540,608	$81,113,011
ETR	Entergy Corp	+426,396	615,956	$70,748,706
PR	Permian Resources Corp	+344,879	3,367,361	$61,993,116
TAC	Transalta Corp	+276,364	2,065,064	$28,559,835
DAR	Darling Ingredients Inc.	+264,271	359,999	$19,663,145
EQT	EQT Corp	+248,513	709,535	$37,725,975
BKH	Black Hills Corp	+211,781	458,430	$34,107,192
EE	Excelerate Energy, Inc.	+193,363	390,353	$14,829,510
SR	Spire Inc	+190,282	265,458	$20,729,615
B	Barrick Mining Corp	+122,757	593,232	$21,789,411
TLN	Talen Energy Corp	+114,491	193,647	$74,410,796
DUK	Duke Energy CORP	+111,612	449,340	$56,877,457
INR	Infinity Natural Resources, Inc.	+110,047	654,255	$8,309,038
TBN	Tamboran Resources Corp	+88,360	623,534	$20,271,090
VNOM	Viper Energy, Inc.	+78,283	555,319	$23,545,525
DTM	DT Midstream, Inc.	+71,282	258,344	$37,909,398
DTE	Dte Energy Co	+42,422	297,977	$45,402,755
PEG	Public Service Enterprise Group Inc	+40,255	706,023	$57,300,826
No positions match the current search.

Trimmed

Positions the filer reduced

13 positions

Ticker	Company	Δ Shares	Shares	Value
AES	Aes Corp	−1,072,663	1,323,277	$19,399,240
HUT	Hut 8 Corp.	−577,997	328,319	$37,902,786
CSX	Csx Corp	−443,632	908,799	$43,195,216
XIFR	XPLR Infrastructure, LP	−189,036	1,944,751	$22,967,509
KRP	Kimbell Royalty Partners, LP	−150,234	364,866	$5,301,502
SHEL	Shell plc	−121,561	290,199	$22,502,030
AEE	Ameren Corp	−118,832	284,065	$32,110,707
COHR	Coherent Corp.	−98,684	18,140	$7,155,685
TXNM	Txnm Energy Inc	−91,050	83,808	$4,758,618
HTO	H2o America	−43,589	851,846	$51,766,681
LITE	Lumentum Holdings Inc.	−15,257	6,935	$5,950,646
WOLF	Wolfspeed, Inc.	−15,244	61,427	$2,963,852
BP	Bp PLC	−5,415	942,850	$34,838,307
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
DVN	Devon Energy Corp	2,102,988	$86,895,464
FSLR	First Solar, Inc.	272,379	$64,270,548
AEP	American Electric Power Co Inc	412,431	$56,424,685
LGN	Legence Corp.	627,256	$53,461,028
KNTK	Kinetik Holdings Inc.	1,002,184	$48,445,574
FCX	Freeport-Mcmoran Inc	691,546	$43,491,327
FDXF	FedEx Freight Holding Company, Inc.	277,234	$41,862,334
AR	ANTERO RESOURCES Corp	1,184,416	$41,620,378
NBIS	Nebius Group N.V.	146,543	$40,470,780
RRX	Regal Rexnord Corp	163,233	$38,880,468
LNG	Cheniere Energy, Inc.	160,123	$38,270,998
NSC	Norfolk Southern Corp	119,479	$37,586,898
STM	STMicroelectronics N.V.	495,223	$37,087,250
PRIM	Primoris Services Corp	366,972	$36,374,264
ATI	Ati Inc	180,204	$35,518,208
CMI	Cummins Inc	48,996	$34,944,437
DPC	DPC Holdings PLC	619,542	$30,394,730
UNP	Union Pacific Corp	108,219	$29,435,568
DE	Deere & Co	44,193	$28,032,945
CIFR	Cipher Digital Inc.	1,091,463	$26,740,843
VLO	Valero Energy Corp	101,156	$26,345,068
CLF	Cleveland-Cliffs Inc.	2,345,191	$22,021,343
SOLS	Solstice Advanced Materials Inc.	209,487	$18,560,548
MGEE	Mge Energy Inc	200,000	$16,308,000
FRVO	Fervo Energy Co	500,000	$14,615,000
No positions match the current search.

Sold Out

Positions the filer fully exited

24 positions

Ticker	Company	Shares	Value
—		2,710,826	$95,258,426
TRP	Tc Energy Corp	690,366	$43,216,911
CMS	Cms Energy Corp	452,563	$35,109,837
PNW	Pinnacle West Capital Corp	304,982	$30,726,936
CNP	Centerpoint Energy Inc	657,493	$28,377,397
MTDR	Matador Resources Co	389,909	$24,634,450
FTI	TechnipFMC plc	344,594	$23,821,783
LYB	LyondellBasell Industries N.V.	282,151	$22,730,084
KEX	Kirby Corp	165,540	$21,996,955
IDA	Idacorp Inc	112,690	$16,111,289
OGE	Oge Energy Corp.	319,071	$15,302,645
HBM	Hudbay Minerals Inc.	652,285	$13,632,756
WLK	Westlake Corp	107,044	$12,504,880
SARO	StandardAero, Inc.	459,407	$11,866,482
CNR	Core Natural Resources, Inc.	113,192	$11,854,598
MDU	Mdu Resources Group Inc	548,025	$11,355,078
NXT	Nextpower Inc.	93,110	$11,224,410
FLOC	Flowco Holdings Inc.	454,545	$9,363,627
POR	Portland General Electric Co	175,000	$9,234,750
CORZ	Core Scientific, Inc.	517,302	$7,738,837
CC	Chemours Co	271,134	$5,973,082
SEDG	Solaredge Technologies, Inc.	30,341	$1,548,908
ASPI	ASP Isotopes Inc.	300,000	$1,326,000
CWEN-A	Clearway Energy, Inc.	277,870	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

116 tracked positions · $5,073,629,129 total · filing declares 124 positions · $5,078,679,881 · as of Jun 30, 2026

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

Showing 1–50 of 116 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
SPY	Spdr S&P 500 ETF Trust PUT	Added	1,930,000	+920,000	$1,441,266,100	+119.4%	—	—	28.41%
TLT	iShares 20+ Year Treasury Bond ETF CALL	NEW	1,760,000	NEW	$152,099,200	NEW	—	—	3.00%
FSLR	First Solar, Inc. CALL + SHARES Technology	NEW	637,379	NEW	$150,395,948	NEW	1	$234.43	2.96%
NFG	National Fuel Gas Co CALL + SHARES Energy	Added	1,859,618	+816,346	$143,581,105	+46.5%	10	$80.99	2.83%
VST	Vistra Corp. PUT + SHARES Utilities	Added	570,483	+118,892	$90,495,718	+33.3%	2	$161.59	1.78%
DVN	Devon Energy Corp Energy	NEW	2,102,988	NEW	$86,895,464	NEW	1	$46.35	1.71%
NI	Nisource Inc. Utilities	Added	1,749,831	+506,936	$83,204,464	+43.5%	3	$44.12	1.64%
OVV	Ovintiv Inc. Energy	Added	1,540,608	+444,037	$81,113,011	+24.6%	20	$45.80	1.60%
WMB	Williams Companies, Inc. Energy	Added	1,088,549	+607,368	$80,922,732	+131.1%	4	$67.21	1.59%
BKV	BKV Corp Energy	Added	2,768,719	+728,364	$75,752,151	+30.2%	8	unpriced	1.49%
TLN	Talen Energy Corp Utilities	Added	193,647	+114,491	$74,410,796	+194.5%	2	$361.03	1.47%
APD	Air Products & Chemicals, Inc. PUT Basic Materials	NEW	250,000	NEW	$73,295,000	NEW	—	—	1.44%
CVE	Cenovus Energy Inc. Energy	Added	2,891,599	+31,490	$71,740,571	−5.5%	6	$15.05	1.41%
ETR	Entergy Corp Utilities	Added	615,956	+226,396	$70,748,706	+61.6%	6	$103.38	1.39%
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF PUT	NEW	1,500,000	NEW	$68,010,000	NEW	—	—	1.34%
OKE	Oneok Inc PUT Energy	NEW	750,000	NEW	$65,205,000	NEW	—	—	1.29%
MTZ	Mastec Inc PUT Industrials	NEW	150,000	NEW	$62,409,000	NEW	—	—	1.23%
PR	Permian Resources Corp Energy	Added	3,367,361	+344,879	$61,993,116	−3.8%	14	$14.60	1.22%
PEG	Public Service Enterprise Group Inc Utilities	Added	706,023	+40,255	$57,300,826	+6.3%	3	$81.73	1.13%
DUK	Duke Energy CORP Utilities	Added	449,340	+111,612	$56,877,457	+28.6%	8	$119.03	1.12%
AEP	American Electric Power Co Inc Utilities	NEW	412,431	NEW	$56,424,685	NEW	1	$131.73	1.11%
FPS	Forgent Power Solutions, Inc. Industrials	Added	1,000,000	+600,000	$55,860,000	+377.1%	2	$40.70	1.10%
LGN	Legence Corp. Industrials	NEW	627,256	NEW	$53,461,028	NEW	1	$81.48	1.05%
HTO	H2o America Utilities	Reduced	851,846	-43,589	$51,766,681	−1.5%	3	$53.71	1.02%
KNTK	Kinetik Holdings Inc. Energy	NEW	1,002,184	NEW	$48,445,574	NEW	1	$47.79	0.95%
DTE	Dte Energy Co Utilities	Added	297,977	+42,422	$45,402,755	+21.5%	18	$128.14	0.89%
DINO	HF Sinclair Corp Energy	Added	639,708	+633,027	$44,555,662	+10589.2%	4	$66.30	0.88%
NEE	Nextera Energy Inc PUT Utilities	NEW	500,000	NEW	$43,885,000	NEW	—	—	0.86%
AWK	American Water Works Company, Inc. Utilities	Reduced	333,442	-484,457	$43,874,298	−60.6%	6	$139.49	0.86%
FCX	Freeport-Mcmoran Inc Basic Materials	NEW	691,546	NEW	$43,491,327	NEW	1	$64.28	0.86%
CSX	Csx Corp Industrials	Reduced	908,799	-1,443,632	$43,195,216	−55.3%	3	$35.78	0.85%
FDXF	FedEx Freight Holding Company, Inc. Industrials	NEW	277,234	NEW	$41,862,334	NEW	1	$163.79	0.83%
AR	ANTERO RESOURCES Corp Energy	NEW	1,184,416	NEW	$41,620,378	NEW	1	$36.82	0.82%
NBIS	Nebius Group N.V. Communication Services	NEW	146,543	NEW	$40,470,780	NEW	1	$198.04	0.80%
RRX	Regal Rexnord Corp Industrials	NEW	163,233	NEW	$38,880,468	NEW	1	$208.96	0.77%
LNG	Cheniere Energy, Inc. Energy	NEW	160,123	NEW	$38,270,998	NEW	1	$249.08	0.75%
DTM	DT Midstream, Inc. Energy	Added	258,344	+71,282	$37,909,398	+50.5%	2	$133.47	0.75%
HUT	Hut 8 Corp. Financial Services	Reduced	328,319	-577,997	$37,902,786	−10.8%	3	$48.16	0.75%
EQT	EQT Corp Energy	Added	709,535	+248,513	$37,725,975	+28.6%	8	$49.64	0.74%
NSC	Norfolk Southern Corp Industrials	NEW	119,479	NEW	$37,586,898	NEW	1	$308.32	0.74%
STM	STMicroelectronics N.V. Technology	NEW	495,223	NEW	$37,087,250	NEW	1	$60.14	0.73%
TRGP	Targa Resources Corp. Energy	Added	137,392	+6,570	$36,840,290	+12.3%	3	$172.67	0.73%
PRIM	Primoris Services Corp Industrials	NEW	366,972	NEW	$36,374,264	NEW	1	$131.47	0.72%
ATI	Ati Inc Industrials	NEW	180,204	NEW	$35,518,208	NEW	1	$169.52	0.70%
CMI	Cummins Inc Industrials	NEW	48,996	NEW	$34,944,437	NEW	1	$658.88	0.69%
BP	Bp PLC Energy	Reduced	942,850	-5,415	$34,838,307	−21.8%	7	$31.27	0.69%
BKH	Black Hills Corp Utilities	Added	458,430	+211,781	$34,107,192	+99.2%	3	$71.38	0.67%
PAGP	Plains Gp Holdings LP Energy	Added	1,354,670	+576,717	$32,877,840	+74.1%	2	$22.75	0.65%
AEE	Ameren Corp Utilities	Reduced	284,065	-118,832	$32,110,707	−27.5%	9	$91.39	0.63%
DPC	DPC Holdings PLC Industrials	NEW	619,542	NEW	$30,394,730	NEW	1	unpriced	0.60%

Showing the top 50 of 116 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.