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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 4 of 7  ·  130 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 DAL DELTA AIR LINES INC DEL Industrials 30,550.0 $2.0M 0.42% -83K -73.2% $66.48 +5.7%
62 VWO VANGUARD FTSE EMERGING 37,045.0 $2.0M 0.42% +32K +640.9% $54.05 +7.1%
63 FITB FIFTH THIRD BANCORP Financial Services 38,350.0 $1.8M 0.37% -6K -14.5% $46.46 +3.2%
64 META META PLATFORMS INC Communication Services 3,025.0 $1.7M 0.36% NEW $572.13 +6.8%
65 XLK STATE STREET TECHNOLOGY 12,644.0 $1.7M 0.35% +1K +12.5% $132.90 +30.4%
66 FSLR FIRST SOLAR INC Energy 8,435.0 $1.7M 0.35% +80.0 +1.0% $197.26 +18.4%
67 VTI VANGUARD TOTAL STOCK 5,059.0 $1.6M 0.34% $320.81 +12.2%
68 JFR NUVEEN FLOATING RATE INC Financial Services 197,523.0 $1.5M 0.31% NEW $7.52 -0.0%
69 MPLX MPLX LP LP Energy 25,872.0 $1.5M 0.31% NEW $57.07 -2.9%
70 NFLX NETFLIX INC Communication Services 15,000.0 $1.4M 0.30% NEW $96.15 -6.8%
71 EPD ENTERPRISE PRODS PART LP Energy 37,447.0 $1.4M 0.29% NEW $37.84 +4.3%
72 SDY STATE STREET SPDR S&P 9,435.0 $1.4M 0.29% -170.0 -1.8% $145.94 +1.2%
73 MSD MS EMERGING MARKETS DEBT Financial Services 195,600.0 $1.4M 0.29% NEW $7.02 +3.0%
74 PWR QUANTA SVCS INC Industrials 2,500.0 $1.4M 0.29% NEW $549.02 +31.7%
75 VB VANGUARD SMALL-CAP INDEX 4,925.0 $1.3M 0.27% NEW $261.92 +6.5%
76 TBF PROSHARES SHORT 20 YEAR 53,100.0 $1.3M 0.27% NEW $24.23 +4.6%
77 TSLA TESLA INC Consumer Cyclical 3,450.0 $1.3M 0.27% NEW $371.75 +10.3%
78 VO VANGUARD MID-CAP INDEX 4,410.0 $1.3M 0.26% NEW $287.18 -73.5%
79 TRGP TARGA RES CORP Energy 4,998.0 $1.3M 0.26% NEW $250.73 +9.6%
80 CRM SALESFORCE INC Technology 6,450.0 $1.2M 0.25% NEW $186.67 -3.9%
Page 4 of 7  ·  130 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%