Old West Investment Management, LLC
Sector Allocation
- Materials27.6%$260.6M
- Energy23.7%$223.4M
- Technology18.8%$177.0M
- Industrials15.6%$147.5M
- Healthcare8.8%$83.5M
- Financials2.4%$22.7M
- Consumer Staples1.5%$14.5M
- Consumer Discretionary0.9%$9.0M
- Utilities0.3%$3.0M
- Communication Services0.3%$2.5M
AUM History
13fpro.ai/research/fund/old-west-investment-management-llc-1549358
Conviction and streaks
Diversifying · top 10 = 26.7%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
BRKR
$40.1MOII
$28.1MTDW
$26.2MLMT
$24.7MILMN
$22.5MSU
$22.5MSLB
$22.3MCNQ
$22.0MASML
$21.9MTMQ
$21.4MSWKS
$20.0MCCJ
$19.7MNXE
$19.1MAR
$18.7MNOK
$18.1MCNR
$17.6MACLS
$17.1MNTR
$16.3MAPD
$16.1MEXE
$15.9M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/old-west-investment-management-llc-1549358
Old West Investment Management, LLC 13F holdings — Q2 2026
$944.2M portfolio (+2.3% QoQ) · 124 holdings · Q2 2026 13F · top 10 are 27% of the stock portfolio
$40.1M
4.3% of stocks
+4%This quarter+13.6%Since filed6 qtrsHeld$28.1M
3.0% of stocks
-0.5%This quarter-18.3%Since filed7+ qtrsHeld$26.2M
2.8% of stocks
-4%This quarter+3.6%Since filed7+ qtrsHeld$24.7M
2.6% of stocks
-2%This quarter+9.0%Since filed7+ qtrsHeldAIQuality64.9#503Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$22.5M
2.4% of stocks
+446%This quarter+39.9%Since filed3 qtrsHeld$22.5M
2.4% of stocks
+1%This quarter+29.6%Since filed4 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 4 qtrs in a row$22.3M
2.4% of stocks
-3%This quarter+3.0%Since filed3 qtrsHeld$22.0M
2.3% of stocks
-2%This quarter+21.3%Since filed7+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$21.9M
2.3% of stocks
-12%This quarter-6.7%Since filed7+ qtrsHeld$21.4M
2.3% of stocks
+30%This quarter-43.9%Since filed7+ qtrsHeld
All holdings — Old West Investment Management, LLC (Q2 2026)
124 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 | SKYWORKS SOLUTIONS, INC. | Technology | $20.0M | 2.1% | 295K | +89% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | CAMECO CORP | Materials | $19.7M | 2.1% | 194K | -0.2% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | NexGen Energy Ltd. | Materials | $19.1M | 2.0% | 2.04M | +5% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | ANTERO RESOURCES Corp | Energy | $18.7M | 2.0% | 533K | -18% | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | NOKIA CORPadr | Technology | $18.1M | 1.9% | 1.36M | -12% | 4 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | Core Natural Resources, Inc. | Energy | $17.6M | 1.9% | 220K | -25% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | AXCELIS TECHNOLOGIES INC | Technology | $17.1M | 1.8% | 90K | +113% | 4 qtrsAdded 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | Nutrien Ltd. | Materials | $16.3M | 1.7% | 259K | -34% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | Air Products & Chemicals, Inc. | Materials | $16.1M | 1.7% | 55K | -33% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | EXPAND ENERGY Corp | Energy | $15.9M | 1.7% | 175K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | EQT Corp | Energy | $15.8M | 1.7% | 297K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | BOEING CO | Industrials | $15.0M | 1.6% | 69K | +48% | 6 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | Bunge Global SA | Consumer Staples | $14.5M | 1.5% | 136K | +2% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | UNION PACIFIC CORP | Industrials | $14.4M | 1.5% | 53K | +43% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | RIO TINTO PLCadr | Materials | $13.8M | 1.5% | 146K | +23% | 3 qtrsAdded 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $GSM | Ferroglobe PLC | Materials | $13.4M | 1.4% | 4.20M | +7% | |||
| 27 | $FLR | FLUOR CORP | Industrials | $13.3M | 1.4% | 255K | +698% | |||
| 28 | $FCX | FREEPORT-MCMORAN INC | Materials | $13.2M | 1.4% | 209K | +37% | |||
| 29 | $RRC | RANGE RESOURCES CORP | Energy | $12.8M | 1.4% | 345K | -35% | |||
| 30 | $ALB | ALBEMARLE CORP | Materials | $12.7M | 1.4% | 94K | +7% | |||
| 31 | $GEV | GE Vernova Inc. | Industrials | $12.7M | 1.4% | 11K | — | |||
| 32 | $CF | CF Industries Holdings, Inc. | Materials | $12.5M | 1.3% | 116K | -31% | |||
| 33 | $AA | Alcoa Corp | Materials | $12.3M | 1.3% | 237K | +7% | |||
| 34 | $NOC | NORTHROP GRUMMAN CORP /DE/ | Technology | $12.3M | 1.3% | 24K | -12% | |||
| 35 | $BRK.B | BERKSHIRE HATHAWAY INC | Financials | $11.2M | 1.2% | 22K | +5% | |||
| 36 | $IPX | IPERIONX Ltd | Materials | $10.3M | 1.1% | 345K | +3141% | |||
| 37 | $VRT | Vertiv Holdings Co | Technology | $10.2M | 1.1% | 30K | +6% | |||
| 38 | $AGI | ALAMOS GOLD INC | Materials | $10.2M | 1.1% | 336K | +4% | |||
| 39 | $AEM | AGNICO EAGLE MINES LTD | Materials | $10.0M | 1.1% | 64K | +9% | |||
| 40 | $AMR | Alpha Metallurgical Resources, Inc. | Energy | $9.9M | 1.1% | 60K | +65% | |||
| 41 | $IPGP | IPG PHOTONICS CORP | Technology | $9.5M | 1.0% | 81K | +118% | |||
| 42 | $GFS | GLOBALFOUNDRIES Inc. | Technology | $9.4M | 1.0% | 114K | -25% | |||
| 43 | $NE | Noble Corp plc | Energy | $8.0M | 0.8% | 215K | +2% | |||
| 44 | $DOW | DOW INC. | Materials | $7.7M | 0.8% | 281K | +14% | |||
| 45 | $NVTS | Navitas Semiconductor Corp | Technology | $7.7M | 0.8% | 427K | +622% | |||
| 46 | $CC | Chemours Co | Healthcare | $7.2M | 0.8% | 349K | +10% | |||
| 47 | $WFRD | Weatherford International plc | Energy | $6.9M | 0.7% | 85K | +2% | |||
| 48 | $LYB | LyondellBasell Industries N.V. | Materials | $6.7M | 0.7% | 127K | — | |||
| 49 | $AMAT | APPLIED MATERIALS INC /DE | Technology | $6.7M | 0.7% | 9,200 | — | |||
| 50 | $OLN | OLIN Corp | Healthcare | $6.4M | 0.7% | 324K | +68% | |||
| 51 | $PBF | PBF Energy Inc. | Energy | $6.4M | 0.7% | 141K | — | |||
| 52 | $F | FORD MOTOR CO | Consumer Discretionary | $6.4M | 0.7% | 460K | +1929% | |||
| 53 | $EWBC | EAST WEST BANCORP INC | Financials | $6.2M | 0.7% | 48K | — | |||
| 54 | $ALM | Almonty Industries Inc. | Materials | $5.9M | 0.6% | 356K | — | |||
| 55 | $CLF | CLEVELAND-CLIFFS INC. | Materials | $5.8M | 0.6% | 616K | New | |||
| 56 | $CSX | CSX CORP | Industrials | $5.7M | 0.6% | 119K | +13% | |||
| 57 | $CE | Celanese Corp | Materials | $5.6M | 0.6% | 122K | +32% | |||
| 58 | $PBR | PETROBRAS - PETROLEO BRASILEIRO SA | Energy | $5.5M | 0.6% | 342K | — | |||
| 59 | $CNI | CANADIAN NATIONAL RAILWAY CO | Industrials | $5.5M | 0.6% | 46K | +13% | |||
| 60 | $TMC | TMC the metals Co Inc. | Materials | $5.3M | 0.6% | 1.20M | — | |||
| 61 | $KEYS | Keysight Technologies, Inc. | Technology | $5.2M | 0.6% | 15K | — | |||
| 62 | $WOLF | WOLFSPEED, INC. | Technology | $5.1M | 0.6% | 107K | +354% | |||
| 63 | $CP | CANADIAN PACIFIC KANSAS CITY LTD/CN | Industrials | $5.1M | 0.5% | 59K | +13% | |||
| 64 | $TMO | THERMO FISHER SCIENTIFIC INC. | Healthcare | $5.1M | 0.5% | 10K | +341% | |||
| 65 | $CAT | CATERPILLAR INC | Industrials | $4.7M | 0.5% | 4,458 | — | |||
| 66 | $VECO | VEECO INSTRUMENTS INC | Technology | $4.7M | 0.5% | 62K | -23% | |||
| 67 | $TECK | TECK RESOURCES LTD | Materials | $4.5M | 0.5% | 76K | New | |||
| 68 | $NSC | NORFOLK SOUTHERN CORP | Industrials | $4.5M | 0.5% | 14K | — | |||
| 69 | $CRK | COMSTOCK RESOURCES INC | Energy | $4.1M | 0.4% | 275K | New | |||
| 70 | $BAC | BANK OF AMERICA CORP /DE/ | Financials | $4.1M | 0.4% | 71K | — | |||
| 71 | $COHR | COHERENT CORP. | Technology | $3.9M | 0.4% | 10K | — | |||
| 72 | $MKSI | MKS INC | Technology | $3.9M | 0.4% | 8,790 | — | |||
| 73 | $OMEX | ODYSSEY MARINE EXPLORATION INC | Industrials | $3.8M | 0.4% | 4.50M | -6% | |||
| 74 | $GLNG | GOLAR LNG LTD | Industrials | $3.8M | 0.4% | 76K | +4% | |||
| 75 | $LAC | LITHIUM AMERICAS CORP. | Materials | $3.4M | 0.4% | 890K | +6% | |||
| 76 | $AME | AMETEK INC/ | Industrials | $3.1M | 0.3% | 13K | — | |||
| 77 | $TDY | TELEDYNE TECHNOLOGIES INC | Technology | $2.8M | 0.3% | 4,260 | — | |||
| 78 | $AAPL | Apple Inc. | Technology | $2.8M | 0.3% | 9,685 | — | |||
| 79 | $VALE | Vale S.A. | Materials | $2.6M | 0.3% | 171K | +86% | |||
| 80 | $ATI | ATI INC | Materials | $2.5M | 0.3% | 13K | — | |||
| 81 | $LHX | L3HARRIS TECHNOLOGIES, INC. /DE/ | Technology | $2.4M | 0.3% | 8,415 | — | |||
| 82 | $GNE | Genie Energy Ltd. | Utilities | $2.3M | 0.3% | 161K | — | |||
| 83 | $STLA | Stellantis N.V. | Consumer Discretionary | $2.3M | 0.3% | 403K | New | |||
| 84 | $CTS | CTS CORP | Technology | $2.2M | 0.2% | 34K | +8% | |||
| 85 | $RAL | Ralliant Corp | Technology | $2.2M | 0.2% | 30K | +11% | |||
| 86 | $LRCX | LAM RESEARCH CORP | Technology | $2.2M | 0.2% | 5,000 | New | |||
| 87 | $MTRN | MATERION Corp | Industrials | $2.1M | 0.2% | 7,176 | +13% | |||
| 88 | $VZ | VERIZON COMMUNICATIONS INC | Communication Services | $2.0M | 0.2% | 48K | +400% | |||
| 89 | $DNN | DENISON MINES CORP. | Materials | $2.0M | 0.2% | 661K | +9% | |||
| 90 | $MOS | MOSAIC CO | Materials | $1.8M | 0.2% | 85K | -42% | |||
| 91 | $ATKR | Atkore Inc. | Technology | $1.7M | 0.2% | 23K | +75% | |||
| 92 | $KMI | KINDER MORGAN, INC. | Energy | $1.7M | 0.2% | 53K | +254% | |||
| 93 | $NOV | NOV Inc. | Energy | $1.7M | 0.2% | 91K | +11% | |||
| 94 | $POWI | POWER INTEGRATIONS INC | Technology | $1.6M | 0.2% | 19K | +16% | |||
| 95 | $HUN | Huntsman CORP | Healthcare | $1.4M | 0.1% | 132K | -63% | |||
| 96 | $MP | MP Materials Corp. / DE | Materials | $1.2M | 0.1% | 22K | — | |||
| 97 | $LIN | LINDE PLC | Materials | $1.2M | 0.1% | 2,320 | — | |||
| 98 | $LAR | Lithium Argentina AG | Materials | $1.2M | 0.1% | 143K | +20% | |||
| 99 | $CBT | CABOT CORP | Materials | $1.1M | 0.1% | 12K | New | |||
| 100 | $SAIC | Science Applications International Corp | Technology | $1.1M | 0.1% | 9,800 | +29% | |||
| 101 | $KBR | KBR, INC. | Industrials | $975K | 0.1% | 28K | +34% | |||
| 102 | $HXL | HEXCEL CORP /DE/ | Materials | $932K | 0.1% | 9,317 | +35% | |||
| 103 | $OKE | ONEOK INC /NEW/ | Energy | $847K | 0.1% | 9,737 | New | |||
| 104 | $ENPH | Enphase Energy, Inc. | Technology | $785K | 0.1% | 16K | New | |||
| 105 | $SSL | SASOL LTD | Energy | $779K | 0.1% | 79K | +34% | |||
| 106 | $CLB | Core Laboratories Inc. /DE/ | Energy | $698K | 0.1% | 60K | +48% | |||
| 107 | $ERII | Energy Recovery, Inc. | Industrials | $694K | 0.1% | 77K | +65% | |||
| 108 | $AMTM | Amentum Holdings, Inc. | Industrials | $680K | 0.1% | 33K | +51% | |||
| 109 | $WFC | WELLS FARGO & COMPANY/MN | Financials | $664K | 0.1% | 8,037 | — | |||
| 110 | $FMC | FMC CORP | Healthcare | $583K | 0.1% | 51K | -90% | |||
| 111 | $WMB | WILLIAMS COMPANIES, INC. | Energy | $572K | 0.1% | 7,696 | New | |||
| 112 | $AMT | AMERICAN TOWER CORP /MA/ | Real Estate | $543K | 0.1% | 3,321 | New | |||
| 113 | $INTC | INTEL CORP | Technology | $508K | 0.1% | 3,641 | -46% | |||
| 114 | $LUMN | Lumen Technologies, Inc. | Communication Services | $505K | 0.1% | 66K | New | |||
| 115 | $GOOGL | Alphabet Inc. | Technology | $500K | 0.1% | 1,400 | — | |||
| 116 | $GOOG | Alphabet Inc. | Technology | $496K | 0.1% | 1,405 | — | |||
| 117 | $RIG | Transocean Ltd. | Energy | $465K | 0.1% | 95K | — | |||
| 118 | $WM | WASTE MANAGEMENT INC | Utilities | $435K | 0.1% | 1,952 | — | |||
| 119 | $GLD | SPDR GOLD TRUST | Financials | $368K | 0.0% | 1,000 | — | |||
| 120 | $RTX | RTX Corp | Industrials | $296K | 0.0% | 1,559 | — | |||
| 121 | $LOW | LOWES COMPANIES INC | Consumer Discretionary | $294K | 0.0% | 1,334 | — | |||
| 122 | $ELAN | Elanco Animal Health Inc | Healthcare | $223K | 0.0% | 9,050 | -97% | |||
| 123 | $VIRT | Virtu Financial, Inc. | Financials | $223K | 0.0% | 3,737 | -99% | |||
| 124 | $DUK | Duke Energy CORP | Utilities | $211K | 0.0% | 1,666 | New |
What changed in Q2 2026
Against the previous quarter's 13F: 14 new, 56 added to, 24 trimmed, 13 sold out. Share-count changes; largest moves by dollar size first.
New positions (14)
first bought this quarter
$EQTEQT Corp$15.8M
first bought this quarter
$CLFCLEVELAND-CLIFFS INC.$5.8M
first bought this quarter
$TECKTECK RESOURCES LTD$4.5M
first bought this quarter
$CRKCOMSTOCK RESOURCES INC$4.1M
first bought this quarter
$STLAStellantis N.V.$2.3M
first bought this quarter
+8 more in the Excel export
Added to (56)
now $22.5M · held 3 qtrs, 3 adds in a row
$FLRFLUOR CORP+698%
now $13.3M · held 5 qtrs, 5 adds in a row
$IPXIPERIONX Ltd+3141%
now $10.3M · held 2 qtrs, 2 adds in a row
now $20.0M · held 2 qtrs, 2 adds in a row
now $17.1M · held 4 qtrs, 4 adds in a row
$NVTSNavitas Semiconductor Corp+622%
now $7.7M · held 2 qtrs, 2 adds in a row
+50 more in the Excel export
Trimmed (24)
$VIRTVirtu Financial, Inc.-99%
now $223K · held 7+ qtrs
now $16.3M · held 2 qtrs
now $16.1M · held 2 qtrs
$ELANElanco Animal Health Inc-97%
now $223K · held 7+ qtrs, 2 trims in a row
$RRCRANGE RESOURCES CORP-35%
now $12.8M · held 2 qtrs
now $17.6M · held 4 qtrs
+18 more in the Excel export
Holdings by quarter
Every 13F Old West Investment Management, LLC has filed, 40 earlier quarters. Pick one to see what it held then.
Is it too late to follow Old West Investment Management?
Q2 2026 13F filed with the SEC on Aug 6, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Old West Investment Management's top 20 holdings: 58/100 (our AI quality score, weighted by position size; 12 of the 20 are scored)
Top 10 since filing
+5.4%
Value-weighted move of the 10 largest stock positions
Turnover
16%
Last quarter; 49% over the last 4
Top 10 weight
27%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
63%
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 Q4 2024 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
Old West Investment Management, LLC disclosed 124 positions worth $944.2M in its Form 13F-HR for Q2 2026, led by $BRKR (BRUKER CORP) at 4.3% of the equity portfolio, followed by $OII and $TDW. During the quarter the fund opened 14 new positions and exited 13 — including a new stake in $EXE and a full exit from $VNOM. The portfolio is most concentrated in Materials (27.6% of disclosed assets). All figures are sourced directly from Old West Investment Management, LLC’s Form 13F-HR filing with the SEC under CIK 1549358.
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AI-Powered Hedge Fund Analysis: Old West Investment Management, LLC
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Every holding in Old West Investment 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.