# Old West Investment Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1549358. Source: https://holderbook.com/funds/1549358-old-west-investment-management-llc/

- Reported value: $944.2M
- Positions: 124
- Weight of the ten largest: 26.7%
- Filed: 2026-08-06

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 |
|---|---|---|---|---|---|
| BRUKER CORP | [BRKR](https://holderbook.com/stocks/BRKR/) | $40.1M | 667,103 | 4.3% | 6 |
| OCEANEERING INTL INC | [OII](https://holderbook.com/stocks/OII/) | $28.1M | 693,549 | 3.0% | 7 |
| TIDEWATER INC NEW | [TDW](https://holderbook.com/stocks/TDW/) | $26.2M | 393,788 | 2.8% | 7 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $24.7M | 48,441 | 2.6% | 23 |
| ILLUMINA INC | [ILMN](https://holderbook.com/stocks/ILMN/) | $22.5M | 127,804 | 2.4% | 3 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $22.5M | 418,292 | 2.4% | 4 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $22.3M | 479,478 | 2.4% | 3 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $22.0M | 556,966 | 2.3% | 14 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $21.9M | 11,000 | 2.3% | 7 |
| TRILOGY METALS INC NEW | [TMQ](https://holderbook.com/stocks/TMQ/) | $21.4M | 6,092,657 | 2.3% | 12 |
| SKYWORKS SOLUTIONS INC | [SWKS](https://holderbook.com/stocks/SWKS/) | $20.0M | 295,073 | 2.1% | 2 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $19.7M | 193,664 | 2.1% | 31 |
| NEXGEN ENERGY LTD | [NXE](https://holderbook.com/stocks/NXE/) | $19.1M | 2,035,633 | 2.0% | 31 |
| ANTERO RESOURCES CORP | [AR](https://holderbook.com/stocks/AR/) | $18.7M | 533,355 | 2.0% | 3 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $18.1M | 1,359,833 | 1.9% | 4 |
| CORE NATURAL RESOURCES INC | [CNR](https://holderbook.com/stocks/CNR/) | $17.6M | 219,914 | 1.9% | 4 |
| AXCELIS TECHNOLOGIES INC | [ACLS](https://holderbook.com/stocks/ACLS/) | $17.1M | 90,334 | 1.8% | 4 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $16.3M | 259,047 | 1.7% | 2 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $16.1M | 55,058 | 1.7% | 2 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $15.9M | 174,743 | 1.7% | 1 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $15.8M | 297,454 | 1.7% | 1 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $15.0M | 69,454 | 1.6% | 6 |
| BUNGE GLOBAL SA | [BG](https://holderbook.com/stocks/BG/) | $14.5M | 135,751 | 1.5% | 11 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $14.4M | 52,870 | 1.5% | 2 |
| RIO TINTO PLC | [RIO](https://holderbook.com/stocks/RIO/) | $13.8M | 145,736 | 1.5% | 3 |
| FERROGLOBE PLC | [GSM](https://holderbook.com/stocks/GSM/) | $13.4M | 4,201,296 | 1.4% | 10 |
| FLUOR CORP | [FLR](https://holderbook.com/stocks/FLR/) | $13.3M | 254,781 | 1.4% | 5 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $13.2M | 209,137 | 1.4% | 31 |
| RANGE RES CORP | [RRC](https://holderbook.com/stocks/RRC/) | $12.8M | 344,829 | 1.4% | 2 |
| ALBEMARLE CORP | [ALB](https://holderbook.com/stocks/ALB/) | $12.7M | 94,373 | 1.3% | 7 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $12.7M | 10,815 | 1.3% | 2 |
| CF INDUSTRIES HOLD | [CF](https://holderbook.com/stocks/CF/) | $12.5M | 115,640 | 1.3% | 2 |
| ALCOA CORP | [AA](https://holderbook.com/stocks/AA/) | $12.3M | 236,718 | 1.3% | 4 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $12.3M | 24,203 | 1.3% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $11.2M | 22,326 | 1.2% | 26 |
| IPERIONX LTD | [IPX](https://holderbook.com/stocks/IPX/) | $10.3M | 345,185 | 1.1% | 2 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $10.2M | 30,458 | 1.1% | 12 |
| ALAMOS GOLD INC | [AGI](https://holderbook.com/stocks/AGI/) | $10.2M | 335,867 | 1.1% | 9 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $10.0M | 64,372 | 1.1% | 18 |
| ALPHA METALLURGICAL RESOUR I | [AMR](https://holderbook.com/stocks/AMR/) | $9.9M | 60,213 | 1.1% | 10 |
| IPG PHOTONICS CORP | [IPGP](https://holderbook.com/stocks/IPGP/) | $9.5M | 81,189 | 1.0% | 5 |
| GLOBALFOUNDRIES INC | [GFS](https://holderbook.com/stocks/GFS/) | $9.4M | 113,860 | 1.0% | 2 |
| NOBLE CORP PLC | [NE](https://holderbook.com/stocks/NE/) | $8.0M | 215,153 | 0.8% | 5 |
| DOW HLDGS INC | [DOW](https://holderbook.com/stocks/DOW/) | $7.7M | 280,847 | 0.8% | 2 |
| NAVITAS SEMICONDUCTOR CORP | [NVTS](https://holderbook.com/stocks/NVTS/) | $7.7M | 427,322 | 0.8% | 2 |
| CHEMOURS CO | [CC](https://holderbook.com/stocks/CC/) | $7.2M | 348,549 | 0.8% | 4 |
| WEATHERFORD INTL PLC | [WFRD](https://holderbook.com/stocks/WFRD/) | $6.9M | 84,547 | 0.7% | 4 |
| LYONDELLBASELL INDUSTRIES NV | [LYB](https://holderbook.com/stocks/LYB/) | $6.7M | 127,282 | 0.7% | 2 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $6.7M | 9,200 | 0.7% | 4 |
| OLIN CORP | [OLN](https://holderbook.com/stocks/OLN/) | $6.4M | 323,869 | 0.7% | 2 |
| PBF ENERGY INC | [PBF](https://holderbook.com/stocks/PBF/) | $6.4M | 140,690 | 0.7% | 4 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $6.4M | 459,863 | 0.7% | 22 |
| EAST WEST BANCORP INC | [EWBC](https://holderbook.com/stocks/EWBC/) | $6.2M | 47,795 | 0.7% | 6 |
| ALMONTY INDS INC | [ALM](https://holderbook.com/stocks/ALM/) | $5.9M | 356,146 | 0.6% | 4 |
| CLEVELAND-CLIFFS INC NEW | [CLF](https://holderbook.com/stocks/CLF/) | $5.8M | 616,022 | 0.6% | 1 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $5.7M | 118,908 | 0.6% | 2 |
| CELANESE CORP DEL | [CE](https://holderbook.com/stocks/CE/) | $5.6M | 122,485 | 0.6% | 2 |
| PETROLEO BRASILEIRO S A | [PBR](https://holderbook.com/stocks/PBR/) | $5.5M | 341,645 | 0.6% | 3 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $5.5M | 46,220 | 0.6% | 2 |
| TMC THE METALS COMPANY INC | [TMC](https://holderbook.com/stocks/TMC/) | $5.3M | 1,204,038 | 0.6% | 14 |
| KEYSIGHT TECHNOLOGIES INC | [KEYS](https://holderbook.com/stocks/KEYS/) | $5.2M | 14,775 | 0.5% | 4 |
| WOLFSPEED INC | [WOLF](https://holderbook.com/stocks/WOLF/) | $5.1M | 106,661 | 0.5% | 2 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $5.1M | 58,985 | 0.5% | 2 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $5.1M | 10,083 | 0.5% | 4 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $4.7M | 4,458 | 0.5% | 6 |
| VEECO INSTRS INC DEL | [VECO](https://holderbook.com/stocks/VECO/) | $4.7M | 62,423 | 0.5% | 5 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $4.5M | 76,133 | 0.5% | 1 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $4.5M | 14,315 | 0.5% | 2 |
| COMSTOCK RES INC | [CRK](https://holderbook.com/stocks/CRK/) | $4.1M | 275,083 | 0.4% | 1 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $4.1M | 71,334 | 0.4% | 31 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $3.9M | 10,000 | 0.4% | 4 |
| MKS INC. | [MKSI](https://holderbook.com/stocks/MKSI/) | $3.9M | 8,790 | 0.4% | 5 |
| ODYSSEY MARINE EXPL INC | [OMEX](https://holderbook.com/stocks/OMEX/) | $3.8M | 4,502,674 | 0.4% | 4 |
| GOLAR LNG LTD | [GLNG](https://holderbook.com/stocks/GLNG/) | $3.8M | 76,478 | 0.4% | 5 |
| LITHIUM AMERS CORP NEW | [LAC](https://holderbook.com/stocks/LAC/) | $3.4M | 890,484 | 0.4% | 4 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $3.1M | 12,970 | 0.3% | 3 |
| TELEDYNE TECHNOLOGIES INC | [TDY](https://holderbook.com/stocks/TDY/) | $2.8M | 4,260 | 0.3% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.8M | 9,685 | 0.3% | 31 |
| VALE S A | [VALE](https://holderbook.com/stocks/VALE/) | $2.6M | 171,456 | 0.3% | 3 |
| ATI INC | [ATI](https://holderbook.com/stocks/ATI/) | $2.5M | 12,555 | 0.3% | 3 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $2.4M | 8,415 | 0.3% | 4 |
| GENIE ENERGY LTD | [GNE](https://holderbook.com/stocks/GNE/) | $2.3M | 160,600 | 0.2% | 31 |
| STELLANTIS N.V | [STLA](https://holderbook.com/stocks/STLA/) | $2.3M | 403,107 | 0.2% | 1 |
| CTS CORP | [CTS](https://holderbook.com/stocks/CTS/) | $2.2M | 33,814 | 0.2% | 3 |
| RALLIANT CORP | [RAL](https://holderbook.com/stocks/RAL/) | $2.2M | 29,903 | 0.2% | 3 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $2.2M | 5,000 | 0.2% | 1 |
| MATERION CORP | [MTRN](https://holderbook.com/stocks/MTRN/) | $2.1M | 7,176 | 0.2% | 4 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $2.0M | 48,293 | 0.2% | 2 |
| DENISON MINES CORP | [DNN](https://holderbook.com/stocks/DNN/) | $2.0M | 661,255 | 0.2% | 31 |
| MOSAIC CO | [MOS](https://holderbook.com/stocks/MOS/) | $1.8M | 84,786 | 0.2% | 2 |
| ATKORE INC | [ATKR](https://holderbook.com/stocks/ATKR/) | $1.7M | 22,737 | 0.2% | 3 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $1.7M | 53,418 | 0.2% | 2 |
| NOV INC | [NOV](https://holderbook.com/stocks/NOV/) | $1.7M | 91,306 | 0.2% | 3 |
| POWER INTEGRATIONS INC | [POWI](https://holderbook.com/stocks/POWI/) | $1.6M | 18,536 | 0.2% | 3 |
| HUNTSMAN CORP | [HUN](https://holderbook.com/stocks/HUN/) | $1.4M | 131,927 | 0.1% | 2 |
| MP MATERIALS CORP | [MP](https://holderbook.com/stocks/MP/) | $1.2M | 22,300 | 0.1% | 6 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $1.2M | 2,320 | 0.1% | 3 |
| LITHIUM ARGENTINA AG | [LAR](https://holderbook.com/stocks/LAR/) | $1.2M | 143,072 | 0.1% | 3 |
| CABOT CORP | [CBT](https://holderbook.com/stocks/CBT/) | $1.1M | 12,326 | 0.1% | 1 |
| SCIENCE APPLICATIONS INTL CO | [SAIC](https://holderbook.com/stocks/SAIC/) | $1.1M | 9,800 | 0.1% | 3 |

## 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 | -2.1% | +14.8% | -16.9% | 100% |
| Q1 2026 | +13.4% | -4.6% | +18.1% | 100% |
| Q4 2025 | +13.5% | +2.4% | +11.1% | 100% |
| Q3 2025 | +12.8% | +7.8% | +5.0% | 100% |
| Q2 2025 | +14.9% | +10.5% | +4.5% | 100% |
| Q1 2025 | -2.4% | -4.6% | +2.1% | 100% |
| Q4 2024 | -2.6% | +2.1% | -4.7% | 100% |
| Q3 2024 | +10.3% | +5.4% | +4.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $944.2M | 124 |
| Q1 2026 | $922.6M | 123 |
| Q4 2025 | $560.2M | 102 |
| Q3 2025 | $436.0M | 86 |
| Q2 2025 | $303.3M | 62 |
| Q1 2025 | $277.2M | 59 |
| Q4 2024 | $246.8M | 55 |
| Q3 2024 | $258.6M | 58 |
| Q2 2024 | $226.7M | 58 |
| Q1 2024 | $197.8M | 53 |
| Q4 2023 | $194.5M | 39 |
| Q3 2023 | $198.1M | 42 |