# Pingora Partners LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2011176. Source: https://holderbook.com/funds/2011176-pingora-partners-llc/

- Reported value: $171.3M
- Positions: 182
- Weight of the ten largest: 56.5%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| FTAI AVIATION LTD | [FTAI](https://holderbook.com/stocks/FTAI/) | $51.7M | 191,090 | 30.2% | 11 |
| CRESCENT ENERGY COMPANY | [CRGY](https://holderbook.com/stocks/CRGY/) | $11.1M | 1,128,128 | 6.5% | 11 |
| FTAI INFRASTRUCTURE INC | [FIP](https://holderbook.com/stocks/FIP/) | $9.7M | 2,094,053 | 5.7% | 11 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $4.6M | 110,705 | 2.7% | 11 |
| HF SINCLAIR CORP | [DINO](https://holderbook.com/stocks/DINO/) | $3.9M | 55,880 | 2.3% | 11 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $3.4M | 35,839 | 2.0% | 11 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $3.2M | 14,852 | 1.9% | 11 |
| KRAFT HEINZ CO | [KHC](https://holderbook.com/stocks/KHC/) | $3.2M | 134,498 | 1.9% | 11 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $3.1M | 162,094 | 1.8% | 11 |
| KIMBELL RTY PARTNERS LP | [KRP](https://holderbook.com/stocks/KRP/) | $2.9M | 201,476 | 1.7% | 11 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $2.7M | 130,225 | 1.6% | 11 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $2.6M | 40,590 | 1.5% | 11 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.5M | 8,794 | 1.5% | 11 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.3M | 8,070 | 1.3% | 11 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.2M | 16,005 | 1.3% | 11 |
| USA TODAY CO INC | [TDAY](https://holderbook.com/stocks/TDAY/) | $2.2M | 252,663 | 1.3% | 11 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $2.2M | 89,510 | 1.3% | 11 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.2M | 18,345 | 1.3% | 4 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $2.1M | 1,836 | 1.2% | 11 |
| SOUTHSIDE BANCSHARES INC | [SBSI](https://holderbook.com/stocks/SBSI/) | $2.1M | 58,375 | 1.2% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.1M | 3,645 | 1.2% | 11 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $2.0M | 33,855 | 1.1% | 11 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.9M | 1,600 | 1.1% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.9M | 7,837 | 1.1% | 11 |
| PERMIANVILLE RTY TR | [PVL](https://holderbook.com/stocks/PVL/) | $1.8M | 1,088,873 | 1.1% | 11 |
| MPLX LP | [MPLX](https://holderbook.com/stocks/MPLX/) | $1.7M | 30,223 | 1.0% | 11 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $1.7M | 53,250 | 1.0% | 11 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.7M | 12,879 | 1.0% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.3M | 3,598 | 0.8% | 11 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $1.3M | 11,282 | 0.8% | 11 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $1.3M | 9,070 | 0.8% | 2 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.3M | 4,979 | 0.7% | 11 |
| PATTERSON-UTI ENERGY INC | [PTEN](https://holderbook.com/stocks/PTEN/) | $1.2M | 134,747 | 0.7% | 11 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.0M | 1,753 | 0.6% | 11 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.0M | 6,082 | 0.6% | 11 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $946.7K | 9,836 | 0.6% | 11 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $936.4K | 7,525 | 0.5% | 10 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $911.3K | 2,550 | 0.5% | 11 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $900.7K | 3,332 | 0.5% | 11 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $889.1K | 25,550 | 0.5% | 10 |
| ISHARES TR | [INDA](https://holderbook.com/stocks/INDA/) | $887.0K | 17,960 | 0.5% | 2 |
| OKTA INC | [OKTA](https://holderbook.com/stocks/OKTA/) | $876.0K | 6,420 | 0.5% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $851.5K | 2,410 | 0.5% | 11 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $798.7K | 750 | 0.5% | 11 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $788.6K | 10,170 | 0.5% | 11 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $704.1K | 9,000 | 0.4% | 11 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $688.8K | 4,700 | 0.4% | 11 |
| NEWELL BRANDS INC | [NWL](https://holderbook.com/stocks/NWL/) | $602.1K | 98,060 | 0.4% | 11 |
| BROOKDALE SR LIVING INC | [BKD](https://holderbook.com/stocks/BKD/) | $580.8K | 36,100 | 0.3% | 11 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $576.6K | 3,932 | 0.3% | 11 |
| CAMPING WORLD HLDGS INC | [CWH](https://holderbook.com/stocks/CWH/) | $499.0K | 65,400 | 0.3% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $495.2K | 2,475 | 0.3% | 10 |
| MUELLER INDS INC | [MLI](https://holderbook.com/stocks/MLI/) | $491.7K | 4,000 | 0.3% | 11 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $469.0K | 4,000 | 0.3% | 11 |
| SAN JUAN BASIN RTY TR | [SJT](https://holderbook.com/stocks/SJT/) | $433.5K | 135,057 | 0.3% | 11 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $429.0K | 1,705 | 0.3% | 11 |
| CONDUENT INC | [CNDT](https://holderbook.com/stocks/CNDT/) | $424.9K | 291,032 | 0.2% | 11 |
| NEW FORTRESS ENERGY INC | [NFE](https://holderbook.com/stocks/NFE/) | $416.8K | 1,147,868 | 0.2% | 11 |
| BORR DRILLING LTD | [BORR](https://holderbook.com/stocks/BORR/) | $414.7K | 100,400 | 0.2% | 7 |
| ALPS ETF TR | [AMLP](https://holderbook.com/stocks/AMLP/) | $410.5K | 7,918 | 0.2% | 11 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $407.3K | 1,155 | 0.2% | 11 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $358.3K | 1,600 | 0.2% | 11 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $330.8K | 1,200 | 0.2% | 11 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $323.8K | 647 | 0.2% | 11 |
| DISTRIBUTION SOLUTIONS GRP I | [DSGR](https://holderbook.com/stocks/DSGR/) | $322.7K | 11,800 | 0.2% | 6 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $322.7K | 2,383 | 0.2% | 11 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $286.2K | 2,191 | 0.2% | 11 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $274.4K | 2,500 | 0.2% | 1 |
| ISHARES TR | [IYH](https://holderbook.com/stocks/IYH/) | $273.8K | 4,086 | 0.2% | 6 |
| PLAINS ALL AMERN PIPELINE L | [PAA](https://holderbook.com/stocks/PAA/) | $267.9K | 12,033 | 0.2% | 11 |
| UIPATH INC | [PATH](https://holderbook.com/stocks/PATH/) | $266.3K | 24,500 | 0.2% | 11 |
| HERTZ GLOBAL HLDGS INC | [HTZ](https://holderbook.com/stocks/HTZ/) | $232.6K | 102,700 | 0.1% | 11 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $222.8K | 700 | 0.1% | 11 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $219.4K | 2,500 | 0.1% | 11 |
| CRACKER BARREL OLD CTRY STOR | [CBRL](https://holderbook.com/stocks/CBRL/) | $218.5K | 4,100 | 0.1% | 3 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $217.6K | 800 | 0.1% | 11 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $211.0K | 300 | 0.1% | 11 |
| NORTHERN OIL & GAS INC | [NOG](https://holderbook.com/stocks/NOG/) | $192.4K | 10,600 | 0.1% | 7 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $190.1K | 264 | 0.1% | 10 |
| DOCUSIGN INC | [DOCU](https://holderbook.com/stocks/DOCU/) | $182.1K | 4,100 | 0.1% | 11 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $178.1K | 1,100 | 0.1% | 11 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $172.8K | 2,000 | 0.1% | 7 |
| RAMACO RES INC | [METCB](https://holderbook.com/stocks/METCB/) | $172.5K | 20,172 | 0.1% | 7 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $162.5K | 2,000 | 0.1% | 11 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $158.6K | 250 | 0.1% | 11 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $157.5K | 1,100 | 0.1% | 11 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $156.6K | 500 | 0.1% | 11 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $156.0K | 1,030 | 0.1% | 11 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $149.7K | 1,650 | 0.1% | 11 |
| BIOCARDIA INC | [BCDA](https://holderbook.com/stocks/BCDA/) | $149.3K | 120,382 | 0.1% | 9 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $144.6K | 1,500 | 0.1% | 11 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $135.3K | 3,133 | 0.1% | 11 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $122.7K | 375 | 0.1% | 10 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $122.6K | 500 | 0.1% | 11 |
| TG THERAPEUTICS INC | [TGTX](https://holderbook.com/stocks/TGTX/) | $120.9K | 2,200 | 0.1% | 11 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $119.4K | 60 | 0.1% | 10 |
| RAMACO RES INC | [METC](https://holderbook.com/stocks/METC/) | $113.8K | 8,600 | 0.1% | 10 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $113.0K | 230 | 0.1% | 10 |
| PRINCIPAL FINANCIAL GROUP IN | [PFG](https://holderbook.com/stocks/PFG/) | $107.8K | 1,000 | 0.1% | 11 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $107.1K | 1,500 | 0.1% | 11 |

## 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 | +1.4% | +14.8% | -13.4% | 100% |
| Q1 2026 | +16.0% | -4.6% | +20.6% | 100% |
| Q4 2025 | +6.4% | +2.4% | +4.1% | 100% |
| Q3 2025 | +13.1% | +7.8% | +5.3% | 100% |
| Q2 2025 | -0.9% | +10.5% | -11.3% | 100% |
| Q1 2025 | -13.1% | -4.6% | -8.6% | 100% |
| Q4 2024 | +4.0% | +2.1% | +1.8% | 100% |
| Q3 2024 | +12.0% | +5.4% | +6.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $171.3M | 182 |
| Q1 2026 | $168.7M | 186 |
| Q4 2025 | $163.5M | 204 |
| Q3 2025 | $150.6M | 200 |
| Q2 2025 | $133.8M | 204 |
| Q1 2025 | $134.8M | 207 |
| Q4 2024 | $152.5M | 224 |
| Q3 2024 | $141.2M | 222 |
| Q2 2024 | $141.2M | 233 |
| Q1 2024 | $137.0M | 255 |
| Q4 2023 | $113.0M | 159 |