Condire Management, L.P. is an investment fund managing more than $740 billion ran by Anthony Federici. There are currently 16 companies in Mr. Federici’s portfolio. The largest investments include Seadrill 2021 Ltd and Valaris Ltd, together worth $225 billion.
As of 7th August 2024, Condire Management, L.P.’s top holding is 2,304,419 shares of Seadrill 2021 Ltd currently worth over $118 billion and making up 16.0% of the portfolio value.
In addition, the fund holds 1,429,097 shares of Valaris Ltd worth $106 billion, whose value fell 1.4% in the past six months.
The third-largest holding is Chord Energy Corporation worth $91.8 billion and the next is New Gold Inc Cda worth $68 billion, with 34,883,000 shares owned.
Currently, Condire Management, L.P.'s portfolio is worth at least $740 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Condire Management, L.P. office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Anthony Federici serves as the CCO at Condire Management, L.P..
In the most recent 13F filing, Condire Management, L.P. revealed that it had opened a new position in
New Gold Inc Cda and bought 34,883,000 shares worth $68 billion.
The investment fund also strengthened its position in Hudbay Minerals by buying
849,000 additional shares.
This makes their stake in Hudbay Minerals total 5,075,553 shares worth $45.9 billion.
Hudbay Minerals soared 39.7% in the past year.
On the other hand, there are companies that Condire Management, L.P. is getting rid of from its portfolio.
Condire Management, L.P. closed its position in Centerra Gold Inc on 14th August 2024.
It sold the previously owned 6,196,421 shares for $36.6 billion.
Anthony Federici also disclosed a decreased stake in Valaris Ltd by approximately 0.1%.
This leaves the value of the investment at $106 billion and 1,429,097 shares.
The two most similar investment funds to Condire Management, L.P. are Dinuzzo Private Wealth and Burns J W & Co Inc/ny. They manage $740 billion and $741 billion respectively.
Condire Management, L.P.’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Energy — making up 23.9% of
the total portfolio value.
The fund focuses on investments in the Canada as
18.8% of the portfolio companies
are based in the Canada.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
13% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $8.53 billion.
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Seadrill 2021 Ltd |
No change
2,304,419
|
$118,170,606,000 | 15.96% |
| Valaris Ltd |
1.58%
1,429,097
|
$106,467,727,000 | 14.38% |
| Chord Energy Corporation |
No change
547,721
|
$91,841,857,000 | 12.40% |
| New Gold Inc Cda |
Opened
34,883,000
|
$68,021,850,000 | 9.19% |
| Gatos Silver Inc |
6.85%
5,356,292
|
$55,919,688,000 | 7.55% |
| Hudbay Minerals Inc. |
20.09%
5,075,553
|
$45,933,755,000 | 6.20% |
| Cenovus Energy Inc |
6.75%
2,209,786
|
$43,444,393,000 | 5.87% |
| Centerra Gold Inc |
Closed
6,196,421
|
$36,611,055,000 | |
| Agnico Eagle Mines Ltd |
2.82%
546,405
|
$35,734,887,000 | 4.83% |
| Rayonier Advanced Matls Inc |
No change
6,356,130
|
$34,577,347,000 | 4.67% |
| Select Sector Spdr Tr |
11.63%
329,306
|
$30,016,242,000 | 4.05% |
| Tidewater Inc. |
No change
285,900
|
$27,220,539,000 | 3.68% |
| Arch Resources Inc |
14.52%
176,591
|
$26,882,448,000 | 3.63% |
| Sibanye Stillwater Ltd |
No change
3,790,555
|
$16,488,914,000 | 2.23% |
| Cadeler A S |
No change
624,400
|
$15,628,732,000 | 2.11% |
| VanEck ETF Trust |
Closed
45,000
|
$15,134,850,000 | |
| Spdr Ser Tr |
26.04%
90,000
|
$13,092,300,000 | 1.77% |
| Harmony Gold Mining Co Ltd |
76.54%
1,196,675
|
$10,973,510,000 | 1.48% |
| Noble Corp Plc |
Closed
20,743
|
$1,005,828,000 | |
| Hecla Mng Co |
Closed
128,520
|
$618,181,000 | |
| No transactions found | |||
| Showing first 500 out of 20 holdings | |||