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Portfolio (Quarterly) Guide ↗

HOURGLASS CAPITAL, LLC

· CIK 0001442573
13F Portfolio $480M AUM 130 positions Filed May 4, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 52 New 31 Added 39 Reduced 36 Exited
Page 2 of 3  ·  52 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 FCT FIRST TRUST SENIOR FR IN Financial Services 113,800.0 $1.1M 0.23% NEW $9.64 +1.0%
22 PLTR PALANTIR TECHNOLOGIES IN Technology 7,250.0 $1.1M 0.22% NEW $146.28 -7.6%
23 EFR EV SENIOR FLOATING RATE Financial Services 96,500.0 $1.0M 0.21% NEW $10.54 -1.2%
24 JNK STATE STREET SPDR 9,500.0 $909K 0.19% NEW $95.72 -0.2%
25 HEDJ WISDOMTREE EUROPE HEDGED 16,010.0 $837K 0.17% NEW $52.30 +5.0%
26 APOS APOLLO GLOBAL MGMT INC N Financial Services 6,900.0 $769K 0.16% NEW $111.42 -76.8%
27 MSDL MORGAN STANLEY DIRECT LE Financial Services 48,672.0 $679K 0.14% NEW $13.96 +6.5%
28 AIRR FIRST TRUST RBA AMERICAN 6,000.0 $665K 0.14% NEW $110.78 +10.6%
29 SHIONOGI & CO LTD F 50,900.0 $564K 0.12% NEW $11.09
30 WES WESTERN MIDSTREAM PAR LP Energy 13,308.0 $548K 0.11% NEW $41.17 +14.6%
31 CEG CONSTELLATION ENERGY COR Utilities 1,750.0 $489K 0.10% NEW $279.25 -6.7%
32 TRP TC ENERGY CORP F Energy 7,760.0 $486K 0.10% NEW $62.60 +10.7%
33 NEXT NEXTDECADE CORP Energy 55,814.0 $428K 0.09% NEW $7.66 +14.5%
34 ANET ARISTA NETWORKS INC Technology 3,250.0 $399K 0.08% NEW $122.78 +15.3%
35 SNOW SNOWFLAKE INC Technology 2,600.0 $392K 0.08% NEW $150.82 +8.9%
36 CRWD CROWDSTRIKE HLDGS INC Technology 1,000.0 $390K 0.08% NEW $390.41 +58.5%
37 ENB ENBRIDGE INC F Energy 7,204.0 $390K 0.08% NEW $54.14 +4.1%
38 GLD SPDR GOLD SHARES Financial Services 850.0 $366K 0.08% NEW $430.29 -2.8%
39 SPMO INVESCO S&P 500 MOMENTUM 3,000.0 $336K 0.07% NEW $112.11 +25.4%
40 PAGP PLAINS GP HLDGS L P Energy 12,255.0 $298K 0.06% NEW $24.28 +2.4%
Page 2 of 3  ·  52 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 18.8%
Financial Services 17.8%
Energy 17.5%
Basic Materials 9.7%
Healthcare 9.4%
Consumer Defensive 7.1%
Communication Services 6.3%
Industrials 6.0%
Real Estate 4.3%
Consumer Cyclical 3.0%