GeoSphere Capital Management, LLC
Sector Allocation
- Energy56.0%$108.0M
- Materials17.7%$34.2M
- Industrials15.2%$29.3M
- Financials6.7%$12.9M
- Technology3.1%$5.9M
- Utilities1.4%$2.6M
AUM History
13fpro.ai/research/fund/geosphere-capital-management-llc-1426876
Conviction and streaks
Concentrating · top 10 = 59.4%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
NESR
$23.9MBKV
$15.9MWULF
$12.9MCNR
$12.6MFLR
$10.9MSEI
$9.3MVIST
$8.8MCCJ
$7.1MHMH
$7.0MARIS
$6.3MKOS
$5.9MBORR
$5.4MDK
$5.2MLBRT
$4.6MGNRC
$4.4MVLO
$4.2MCVE
$4.0MHAFN
$3.5MINVX
$3.3MFNV
$3.1M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/geosphere-capital-management-llc-1426876
GeoSphere Capital Management, LLC 13F holdings — Q2 2026
$306.3M portfolio (+33.9% QoQ) · 46 holdings · Q2 2026 13F · top 10 are 59% of the stock portfolio
Includes $113.4M of put/call options ($108.1M puts, $5.3M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $193.0M. Weights use the stock portfolio.
$23.9M
12.4% of stocks
+45%This quarter-41.7%Since filed6+ qtrsHeld$15.9M
8.3% of stocks
+7%This quarter-20.1%Since filed6+ qtrsHeld$12.9M
6.7% of stocks
+25%This quarter-27.2%Since filed3 qtrsHeldAIQuality32.8#2,387Est. buyEstimated buy price is Pro: unlock with a free trialAdded 3 qtrs in a row$12.6M
6.5% of stocks
+15%This quarter-5.3%Since filed6+ qtrsHeld$10.9M
5.7% of stocks
+93%This quarter-11.9%Since filed2 qtrsHeldAIQuality48.1#1,753Est. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$9.3M
4.8% of stocks
+35%This quarter+3.2%Since filed6+ qtrsHeld$8.8M
4.5% of stocks
+10%This quarter+4.7%Since filed2 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$7.1M
3.7% of stocks
+17%This quarter-15.7%Since filed6+ qtrsHeld$7.0M
3.6% of stocks
NewThis quarter-6.9%Since filedNew this quarterHeld$6.3M
3.3% of stocks
+180%This quarter-9.3%Since filed2 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row
All holdings — GeoSphere Capital Management, LLC (Q2 2026)
46 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | SPDR S&P 500 ETF TRUST | — | $37.3M | — | 50K | +2% | — | — | 13F | |
| 12 | INVESCO QQQ TRUST, SERIES 1 | — | $33.1M | — | 45K | -16% | — | — | 13F | |
| 13 | — PUT | ISHARES TR - RUSSELL 2000 ETF | — | $27.0M | — | 90K | New | — | — | 13F |
| 14 | Kosmos Energy Ltd. | Energy | $5.9M | 3.1% | 2.81M | +38% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Borr Drilling Ltd | Energy | $5.4M | 2.8% | 1.30M | +242% | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | United States Oil Fund, LP | Financials | $5.3M | — | 50K | New | — | — | 13F | |
| 17 | Delek US Holdings, Inc. | Energy | $5.2M | 2.7% | 103K | +14% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | — PUT | ISHARES TR - MSCI EAFE ETF | — | $5.2M | — | 50K | New | — | — | 13F |
| 19 | Liberty Energy Inc. | Energy | $4.6M | 2.4% | 174K | +30% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | GENERAC HOLDINGS INC. | Technology | $4.4M | 2.3% | 15K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | VALERO ENERGY CORP/TX | Energy | $4.2M | 2.2% | 16K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | CENOVUS ENERGY INC. | Energy | $4.0M | 2.1% | 162K | — | 5 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | Hafnia Ltd | Industrials | $3.5M | 1.8% | 525K | +98% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | iShares Bitcoin Trust ETF | Financials | $3.3M | — | 100K | New | — | — | 13F | |
| 25 | Innovex International, Inc. | Energy | $3.3M | 1.7% | 131K | +11% | 5 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $FNV | FRANCO NEVADA Corp | Materials | $3.1M | 1.6% | 15K | New | |||
| 27 | $DNN | DENISON MINES CORP. | Materials | $3.0M | 1.6% | 977K | — | |||
| 28 | $OII | OCEANEERING INTERNATIONAL INC | Energy | $2.8M | 1.5% | 70K | -42% | |||
| 29 | $HNRG | HALLADOR ENERGY CO | Utilities | $2.6M | 1.4% | 150K | New | |||
| 30 | $URG | UR-ENERGY INC | Materials | $2.6M | 1.3% | 1.88M | -21% | |||
| 31 | $B | BARRICK MINING CORP | Materials | $2.5M | 1.3% | 69K | — | |||
| 32 | $TRMD | TORM plc | Industrials | $2.3M | 1.2% | 90K | New | |||
| 33 | $CF | CF Industries Holdings, Inc. | Materials | $2.2M | 1.1% | 20K | -15% | |||
| 34 | $AR | ANTERO RESOURCES Corp | Energy | $2.1M | 1.1% | 60K | New | |||
| 35 | $GLNG | GOLAR LNG LTD | Industrials | $2.0M | 1.0% | 40K | — | |||
| 36 | $NXE | NexGen Energy Ltd. | Materials | $1.9M | 1.0% | 205K | — | |||
| 37 | $IAG | IAMGOLD CORP | Materials | $1.7M | 0.9% | 110K | +19% | |||
| 38 | $NVGS | Navigator Holdings Ltd. | Industrials | $1.7M | 0.9% | 92K | — | |||
| 39 | $BE | Bloom Energy Corp | Technology | $1.5M | 0.8% | 5,000 | New | |||
| 40 | $CENX | CENTURY ALUMINUM CO | Materials | $1.5M | 0.8% | 32K | -61% | |||
| 41 | $SCZM | Santacruz Silver Mining Ltd. | Materials | $1.3M | 0.7% | 200K | New | |||
| 42 | $PAAS | PAN AMERICAN SILVER CORP | Materials | $1.1M | 0.6% | 25K | +57% | |||
| 43 | $MSTR PUT | Strategy Inc | Financials | $1.1M | — | 13K | New | |||
| 44 | $DHT | DHT Holdings, Inc. | Industrials | $992K | 0.5% | 60K | New | |||
| 45 | $FRMI PUT | Fermi Inc. | Real Estate | $916K | — | 100K | New | |||
| 46 | $LPG | DORIAN LPG LTD. | Industrials | $870K | 0.5% | 25K | -58% |
What changed in Q2 2026
Against the previous quarter's 13F: 16 new, 18 added to, 6 trimmed, 12 sold out. Share-count changes; largest moves by dollar size first.
New positions (16)
- PUTISHARES TR - RUSSELL 2000 ETF$27.0M
first bought this quarter
first bought this quarter
$USOCALLUnited States Oil Fund, LP$5.3M
first bought this quarter
- PUTISHARES TR - MSCI EAFE ETF$5.2M
first bought this quarter
first bought this quarter
first bought this quarter
+10 more in the Excel export
Added to (18)
now $23.9M · held 6+ qtrs
now $10.9M · held 2 qtrs, 2 adds in a row
now $6.3M · held 2 qtrs, 2 adds in a row
now $5.4M · held 3 qtrs
now $12.9M · held 3 qtrs, 3 adds in a row
now $9.3M · held 6+ qtrs
+12 more in the Excel export
Trimmed (6)
$QQQPUTINVESCO QQQ TRUST, SERIES 1-16%
now $33.1M
$CENXCENTURY ALUMINUM CO-61%
now $1.5M · held 2 qtrs
$OIIOCEANEERING INTERNATIONAL INC-42%
now $2.8M · held 2 qtrs
$LPGDORIAN LPG LTD.-58%
now $870K · held 2 qtrs
$URGUR-ENERGY INC-21%
now $2.6M · held 2 qtrs
$CFCF Industries Holdings, Inc.-15%
now $2.2M · held 2 qtrs
Holdings by quarter
Every 13F GeoSphere Capital Management, LLC has filed, 40 earlier quarters. Pick one to see what it held then.
Is it too late to follow GeoSphere Capital Management?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 27, 2026.
Average quality of GeoSphere Capital Management's top 20 holdings: 55/100 (our AI quality score, weighted by position size; 12 of the 20 are scored)
Top 10 since filing
-17.5%
Value-weighted move of the 10 largest stock positions
Turnover
22%
Last quarter; 143% over the last 4
Top 10 weight
59%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
46%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2025 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
GeoSphere Capital Management, LLC disclosed 46 positions worth $306.3M in its Form 13F-HR for Q2 2026 — $193.0M in common stock plus $113.4M of put/call option positions (reported at underlying notional value, not premium at risk), led by $NESR (National Energy Services Reunited Corp.) at 12.4% of the equity portfolio, followed by $BKV and $WULF. During the quarter the fund opened 16 new positions and exited 12 and a full exit from $PUMP. The portfolio is most concentrated in Energy (56.0% of disclosed assets). All figures are sourced directly from GeoSphere Capital Management, LLC’s Form 13F-HR filing with the SEC under CIK 1426876.
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AI-Powered Hedge Fund Analysis: GeoSphere Capital Management, LLC
13F Pro is an AI hedge fund tracker and stock research platform. For GeoSphere Capital Management, LLC (SEC CIK: 1426876), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in GeoSphere Capital Management, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.