Mercuria Capital Strategies, LLC
CIK
2048079
Location
HOUSTON, TX
Portfolio Value
Micro
$33,933,948
Diversification
Highly concentrated
Filing Date
Global Rank
#3,817
/ 8,586
▲ 1312
Top Industry
Oil & Gas Midstream
58.8%
3Y Alpha vs SPY
+1.6%
Period ended 3 months ago
Filed May 6, 2026 · 41d
6 quarters · since Dec 2024
Clone Performance
Feb 2025–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+28.0%
SPY
+25.8%
Annualised alpha
+1.6%
Max drawdown
−13.0%
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
20 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
53.6%
+7.1 pts
Top 5
81.3%
+7.4 pts
Top 10
93.1%
+1.8 pts
HHI
3,162
Highly concentrated+707
Portfolio Trend
6 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Energy | 58.8% | $143,041,806 |
| Financial Services | 27.0% | $65,751,958 |
| Basic Materials | 13.9% | $33,933,948 |
| Industrials | 0.3% | $653,952 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TVA | Texas Ventures Acquisition III Corp | −152,500 | 347,500 | $3,610,525 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
10 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| LYB | LyondellBasell Industries N.V. | 407,122 | $32,797,748 | |
| ALUB | Alussa Energy Acquisition Corp. II | 1,000,000 | $9,980,000 | |
| VG | Venture Global, Inc. | 580,046 | $9,141,524 | |
| DMII | Drugs Made In America Acquisition II Corp. | 750,000 | $7,477,500 | |
| IPCX | Inflection Point Acquisition Corp. III | 535,000 | $5,465,025 | |
| GLP | Global Partners LP | 82,357 | $3,467,229 | |
| VACI | Viking Acquisition Corp I | 250,000 | $2,482,500 | |
| SBXE | SilverBox Corp V | 250,000 | $2,480,000 | |
| GMTL | Guardian Metal Resources PLC | 65,000 | $1,136,200 | |
| CCXI | Churchill Capital Corp XI | 1,000 | $10,160 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
8 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| EQT | EQT Corp | 182,465 | $9,780,124 | |
| DMAA | Drugs Made In America Acquisition Corp. | 750,000 | $7,780,500 | |
| CAT | Caterpillar Inc | 9,410 | $5,390,706 | |
| VMC | Vulcan Materials CO | 17,591 | $5,017,305 | |
| CORZ | Core Scientific, Inc./tx | 186,643 | $2,717,522 | |
| CX | Cemex Sab De CV | 228,102 | $2,620,891 | |
| ACA | Arcosa, Inc. | 23,192 | $2,465,773 | |
| SEI | Solaris Energy Infrastructure, Inc. | 32,038 | $1,472,786 | |
| No positions match the current search. | ||||
2 positions ·
$33,933,948 total
· Basic Materials only
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| GMTL |
Guardian Metal Resources PLC
Basic Materials
|
NEW | 65,000 | $1,136,200 | 3.35% | |
| LYB |
LyondellBasell Industries N.V.
Basic Materials
|
NEW | 407,122 | $32,797,748 | 96.65% |