Condire Management, LP

CIK

1847739

Location

DALLAS, TX

Portfolio Value

Small $993,182,813

Diversification

Diversified

Filing Date

Global Rank

#1,772 / 8,622 ▲ 155 · as of Mar 2026

Top Industry

Gold 44.8%

3Y Alpha vs SPY

-0.9%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

21 quarters · since Mar 2021

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+64.2%

SPY

+67.9%

Annualised alpha

-0.9%

Max drawdown

−41.9%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

18.8%

−7.7 pts

Top 5

59.0%

−4.2 pts

Top 10

87.9%

+0.2 pts

HHI

969

Diversified−234

Portfolio Trend

21 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Basic Materials	65.0%	$645,803,643	10
Energy	33.5%	$332,687,038	7
Industrials	1.5%	$14,692,132	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
OGG	Osisko Gold Group Inc.	+1,938,944	25,050,980	$81,415,685
IAUX	i-80 Gold Corp.	+1,862,001	82,103,559	$124,797,409
BTG	B2gold Corp	+306,307	11,571,607	$52,419,379
CHRD	Chord Energy Corp	+51,000	556,536	$79,128,288
No positions match the current search.

Trimmed

Positions the filer reduced

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
ELE	Elemental Royalty Corp	−11,831	674,415	$12,705,978
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
CDE	Coeur Mining, Inc.	9,942,304	$186,617,046
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
NGD	New Gold Inc. /FI	27,437,020	$238,976,444
AEM	Agnico Eagle Mines Ltd	95,186	$16,136,882
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

18 tracked positions · $993,182,813 total · filing declares 19 positions · $1,034,724,416 · as of Mar 31, 2026

All sectors Basic Materials Energy Industrials

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CDE	Coeur Mining, Inc. Basic Materials	NEW	9,942,304	NEW	$186,617,046	NEW	18.79%
IAUX	i-80 Gold Corp. Basic Materials	Added	82,103,559	+1,862,001	$124,797,409	+6.5%	12.57%
VAL	Valaris Ltd Energy	Held	1,158,651	0	$113,594,144	+94.5%	11.44%
OGG	Osisko Gold Group Inc. Basic Materials	Added	25,050,980	+1,938,944	$81,415,685	+0.9%	8.20%
CHRD	Chord Energy Corp Energy	Added	556,536	+51,000	$79,128,288	+68.8%	7.97%
RYAM	Rayonier Advanced Materials Inc. Basic Materials	Held	6,358,877	0	$70,392,768	+87.9%	7.09%
SBSW	Sibanye Stillwater Ltd Basic Materials	Held	5,244,469	0	$64,611,858	−13.5%	6.51%
SDRL	SEADRILL Ltd Energy	Held	1,279,968	0	$58,238,544	+31.5%	5.86%
BTG	B2gold Corp Basic Materials	Added	11,571,607	+306,307	$52,419,379	+3.2%	5.28%
EXK	Endeavour Silver Corp Basic Materials	Held	4,503,543	0	$41,927,985	−1.0%	4.22%
CVE	Cenovus Energy Inc. Energy	Held	1,100,000	0	$29,183,000	+56.8%	2.94%
TDW	Tidewater Inc Energy	Held	285,900	0	$23,886,945	+65.4%	2.41%
CNR	Core Natural Resources, Inc. Energy	Held	201,663	0	$21,120,165	+18.3%	2.13%
CDLR	Cadeler A/S Industrials	Held	624,400	0	$14,692,132	+26.6%	1.48%
ELE	Elemental Royalty Corp Basic Materials	Reduced	674,415	-11,831	$12,705,978	+9.1%	1.28%
NEXM	NexMetals Mining Corp. Basic Materials	Reduced	3,513,500	-3,549,075	$8,608,075	−68.8%	0.87%
TEN	Tsakos Energy Navigation Ltd Energy	Held	190,977	0	$7,535,952	+76.0%	0.76%
MUX	McEwen Inc. Basic Materials	Held	113,000	0	$2,307,460	+10.3%	0.23%

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.