# Impala Asset Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1317679. Source: https://holderbook.com/funds/1317679-impala-asset-management-llc/

- Reported value: $176.4M
- Positions: 20
- Weight of the ten largest: 90.5%
- Filed: 2026-08-17

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| CENTURY ALUM CO | [CENX](https://holderbook.com/stocks/CENX/) | $47.6M | 1,035,000 | 27.0% | 11 |
| ERO COPPER CORP | [ERO](https://holderbook.com/stocks/ERO/) | $31.2M | 1,169,000 | 17.7% | 21 |
| BUCKLE INC | [BKE](https://holderbook.com/stocks/BKE/) | $17.4M | 412,000 | 9.9% | 19 |
| DOW HLDGS INC | [DOW](https://holderbook.com/stocks/DOW/) | $14.7M | 537,000 | 8.3% | 1 |
| TRONOX HOLDINGS PLC | [TROX](https://holderbook.com/stocks/TROX/) | $12.1M | 1,920,000 | 6.9% | 6 |
| ABERCROMBIE & FITCH CO | [ANF](https://holderbook.com/stocks/ANF/) | $9.8M | 108,658 | 5.5% | 2 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $8.6M | 185,000 | 4.9% | 2 |
| ALCOA CORP | [AA](https://holderbook.com/stocks/AA/) | $7.0M | 135,000 | 4.0% | 2 |
| CENTURY ALUM CO | [CENX](https://holderbook.com/stocks/CENX/) | $6.9M | 150,000 | 3.9% | 1 |
| TRONOX HOLDINGS PLC | [TROX](https://holderbook.com/stocks/TROX/) | $4.3M | 690,000 | 2.5% | 6 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $3.7M | 90,000 | 2.1% | 1 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $3.3M | 19,000 | 1.9% | 3 |
| DOW HLDGS INC | [DOW](https://holderbook.com/stocks/DOW/) | $2.7M | 100,000 | 1.6% | 1 |
| STAR BULK CARRIERS CORP. | [SBLK](https://holderbook.com/stocks/SBLK/) | $2.0M | 80,479 | 1.1% | 4 |
| DHT HOLDINGS INC | [DHT](https://holderbook.com/stocks/DHT/) | $1.4M | 85,050 | 0.8% | 2 |
| IVANHOE ELECTRIC INC | [IE](https://holderbook.com/stocks/IE/) | $1.3M | 140,000 | 0.8% | 1 |
| MUELLER INDS INC | [MLI](https://holderbook.com/stocks/MLI/) | $614.6K | 5,000 | 0.3% | 3 |
| HUNTSMAN CORP | [HUN](https://holderbook.com/stocks/HUN/) | $532.1K | 50,100 | 0.3% | 3 |
| VISTA GOLD CORP | [VGZ](https://holderbook.com/stocks/VGZ/) | $525.2K | 275,000 | 0.3% | 1 |
| VERA BRADLEY INC | [VRA](https://holderbook.com/stocks/VRA/) | $486.2K | 125,000 | 0.3% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | -11.2% | +14.8% | -26.0% | 92% |
| Q1 2026 | +19.3% | -4.6% | +24.0% | 92% |
| Q4 2025 | +16.9% | +2.4% | +14.5% | 93% |
| Q3 2025 | +15.8% | +7.8% | +8.0% | 93% |
| Q2 2025 | +7.8% | +10.5% | -2.7% | 99% |
| Q1 2025 | -14.0% | -4.6% | -9.5% | 100% |
| Q4 2024 | -14.7% | +2.1% | -16.8% | 87% |
| Q3 2024 | +5.9% | +5.4% | +0.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $176.4M | 20 |
| Q1 2026 | $214.6M | 26 |
| Q4 2025 | $158.7M | 23 |
| Q3 2025 | $161.1M | 20 |
| Q2 2025 | $158.0M | 23 |
| Q1 2025 | $130.2M | 19 |
| Q4 2024 | $123.7M | 14 |
| Q3 2024 | $164.5M | 16 |
| Q2 2024 | $110.6M | 15 |
| Q1 2024 | $110.9M | 18 |
| Q4 2023 | $92.5M | 15 |
| Q3 2023 | $114.5M | 18 |