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Portfolio (Quarterly) Guide ↗

Goehring & Rozencwajg Associates, LLC

· CIK 0001863154
13F Portfolio $1.7B AUM 41 positions Filed Aug 5, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 39 Added 1 Reduced 2 Exited
Page 1 of 2  ·  39 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 CNQ CANADIAN NAT RES LTD MED TER Energy 3,043,255.0 $120.3M 6.92% +215K +7.6% $39.53 +28.0%
2 SLB SLB LIMITED Energy 2,454,873.0 $114.1M 6.56% +156K +6.8% $46.49 +14.3%
3 RRC RANGE RES CORP Energy 2,920,613.0 $108.6M 6.25% +199K +7.3% $37.19 +10.4%
4 SU SUNCOR ENERGY INC NEW Energy 1,974,700.0 $106.1M 6.10% +135K +7.3% $53.75 +25.0%
5 VAL VALARIS LTD Energy 1,413,542.0 $102.6M 5.90% +94K +7.1% $72.60 +17.8%
6 SEADRILL LTD 2,636,666.0 $99.7M 5.74% +187K +7.6% $37.82
7 AMR ALPHA METALLURGICAL RESOUR I Energy 564,714.0 $93.1M 5.36% +323K +133.3% $164.94 +29.4%
8 NTR NUTRIEN LTD Basic Materials 1,455,019.0 $91.6M 5.27% +633K +77.0% $62.95 +17.5%
9 CCJ CAMECO CORP Energy 893,328.0 $91.0M 5.23% +57K +6.8% $101.86 +0.1%
10 CNR CORE NATURAL RESOURCES INC Energy 1,100,977.0 $88.1M 5.07% +393K +55.5% $80.02 +20.2%
11 HCC WARRIOR MET COAL INC Energy 951,045.0 $77.2M 4.44% +353K +59.0% $81.16 +32.6%
12 NE NOBLE CORP PLC Energy 1,987,601.0 $74.1M 4.26% +146K +8.0% $37.30 +21.2%
13 EQT EQT CORP Energy 1,240,409.0 $66.0M 3.79% +81K +7.0% $53.17 +1.1%
14 AR ANTERO RESOURCES CORP Energy 1,731,731.0 $60.9M 3.50% +115K +7.1% $35.14 +8.2%
15 SBSW SIBANYE STILLWATER LTD Basic Materials 4,580,794.0 $38.9M 2.24% +311K +7.3% $8.49 +46.6%
16 LEU CENTRUS ENERGY CORP Energy 216,750.0 $36.4M 2.09% +15K +7.3% $167.87 +4.2%
17 PR PERMIAN RESOURCES CORP Energy 1,914,400.0 $35.2M 2.03% +100K +5.5% $18.41 +26.9%
18 CHRD CHORD ENERGY CORPORATION Energy 306,981.0 $35.1M 2.02% +24K +8.3% $114.30 +26.1%
19 OII OCEANEERING INTL INC Energy 775,476.0 $31.4M 1.81% +62K +8.7% $40.52 +25.2%
20 UEC URANIUM ENERGY CORP Energy 2,357,786.0 $25.1M 1.45% +156K +7.1% $10.66 +16.9%
Page 1 of 2  ·  39 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
Energy 87.3%
Basic Materials 11.3%
Technology 1.4%