Dayah Capital LLC

Portfolio Overview

Dayah Capital LLC disclosed 36 positions worth $176.2M in its Form 13F-HR for Q1 2026 — $171.4M in common stock plus $4.8M of put/call option positions (reported at underlying notional value, not premium at risk), led by $METC (Ramaco Resources, Inc.) at 27.5% of the equity portfolio, followed by $SGML and $HNRG. During the quarter the fund opened 21 new positions and exited 21 — including a new stake in $FLR and a full exit from $SPY. The portfolio is most concentrated in Energy (28.6% of disclosed assets). All figures are sourced directly from Dayah Capital LLC’s Form 13F-HR filing with the SEC under CIK 1980739.

• 

  Ramaco Resources, Inc.

  $METC

  24.1#2,596

  Quality

  $47.2M3,050,000 sh
• 

  Sigma Lithium Corp

  $SGML

  —

  Quality

  $18.7M1,513,578 sh
• 

  HALLADOR ENERGY CO

  $HNRG

  50.4#1,457

  Quality

  $10.6M648,300 sh
• 

  Hut 8 Corp.

  $HUT

  31.4

  Quality

  $10.2M217,920 sh
• 

  FLUOR CORP

  $FLR

  66.2

  Quality

  $8.4M180,215 sh
• 

  APTARGROUP, INC.

  $ATR

  64.0

  Quality

  $7.4M59,000 sh
• 

  Ingevity Corp

  $NGVT

  52.7

  Quality

  $6.1M85,795 sh
• 

  Ecovyst Inc.

  $ECVT

  36.6

  Quality

  $6.0M470,000 sh
• 

  Qnity Electronics, Inc.

  $Q

  —

  Quality

  $5.8M50,425 sh
• 

  Chemours Co

  $CC

  36.5

  Quality

  $5.6M253,903 sh

Company	Quality	Value	Shares
Ramaco Resources, Inc.$METC	24.1#2,596	$47.2M	3,050,000
Sigma Lithium Corp$SGML	—	$18.7M	1,513,578
HALLADOR ENERGY CO$HNRG	50.4#1,457	$10.6M	648,300
Hut 8 Corp.$HUT	31.4	$10.2M	217,920
FLUOR CORP$FLR	66.2	$8.4M	180,215
APTARGROUP, INC.$ATR	64.0	$7.4M	59,000
Ingevity Corp$NGVT	52.7	$6.1M	85,795
Ecovyst Inc.$ECVT	36.6	$6.0M	470,000
Qnity Electronics, Inc.$Q	—	$5.8M	50,425
Chemours Co$CC	36.5	$5.6M	253,903

Showing top 10 of 36 holdings.

Full Holdings — Dayah Capital LLC (Q1 2026)

All 36 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$METC	Ramaco Resources, Inc.	$47.2M	27.5%	-9%	24.1
2	$SGML	Sigma Lithium Corp	$18.7M	10.9%	-40%	—
3	$HNRG	HALLADOR ENERGY CO	$10.6M	6.2%	+192%	50.4
4	$HUT	Hut 8 Corp.	$10.2M	6.0%	-44%	31.4
5	$FLR	FLUOR CORP	$8.4M	4.9%	NEW	66.2
6	$ATR	APTARGROUP, INC.	$7.4M	4.3%	NEW	64
7	$NGVT	Ingevity Corp	$6.1M	3.6%	-64%	52.7
8	$ECVT	Ecovyst Inc.	$6.0M	3.5%	NEW	36.6
9	$Q	Qnity Electronics, Inc.	$5.8M	3.4%	-66%	—
10	$CC	Chemours Co	$5.6M	3.3%	NEW	36.5
11	$ASH	ASHLAND INC.	$5.6M	3.2%	NEW	34.1
12	$OI	O-I Glass, Inc. /DE/	$4.4M	2.5%	NEW	38.4
13	$BG	Bunge Global SA	$4.2M	2.5%	NEW	55.9
14	$CLF	CLEVELAND-CLIFFS INC.	$4.1M	2.4%	NEW	35.7
15	$DAR	DARLING INGREDIENTS INC.	$3.4M	2.0%	+48%	46.6
16	$PKG	PACKAGING CORP OF AMERICA	$3.2M	1.9%	NEW	70
17	$FDX	FEDEX CORP	$2.5M	1.5%	-63%	60.3
18	$FLS	FLOWSERVE CORP	$2.5M	1.5%	-66%	66.2
19	$MEOH	METHANEX CORP	$2.4M	1.4%	-88%	—
20	$METCCALL	Ramaco Resources, Inc.	$2.3M	—	-98%	24.1
21	$NUE	NUCOR CORP	$2.0M	1.2%	NEW	58.9
22	$STLD	STEEL DYNAMICS INC	$2.0M	1.2%	NEW	56
23	$SFD	SMITHFIELD FOODS INC	$2.0M	1.1%	NEW	59.4
24	$ARLP	ALLIANCE RESOURCE PARTNERS LP	$1.8M	1.1%	NEW	54.2
25	$WMS	ADVANCED DRAINAGE SYSTEMS, INC.	$1.8M	1.0%	NEW	58
26	$DD	DuPont de Nemours, Inc.	$1.6M	0.9%	-87%	31.1
27	$ATI	ATI INC	$1.4M	0.8%	-67%	64.5
28	$SGMLCALL	Sigma Lithium Corp	$1.1M	—	-99%	—
29	$DOWCALL	DOW INC.	$530,000	—	NEW	38
30	$LYBCALL	LyondellBasell Industries N.V.	$400,000	—	NEW	—
31	$BCC	BOISE CASCADE Co	$379,250	0.2%	NEW	43.5
32	$HNRGCALL	HALLADOR ENERGY CO	$290,000	—	NEW	50.4
33	—	ATLAS CRITICAL MINERALS CORP	$261,320	0.1%	NEW	—
34	$CCCALL	Chemours Co	$94,461	—	NEW	36.5
35	$CLFCALL	CLEVELAND-CLIFFS INC.	$33,000	—	NEW	35.7
36	$URG	UR-ENERGY INC	$29,903	0.0%	-50%	24.1