Goehring & Rozencwajg Associates, LLC
Goehring & Rozencwajg Associates, LLC reported 41 US-listed holdings worth $1.74 billion in its 13F for the quarter ended 30 June 2026, filed 5 August 2026. Its largest: Canadian Natural Resources Limited (6.9%), SLB Limited (6.6%) and Range Resources Corp. (6.2%). Against the quarter before, it opened 0 positions, added to 39, trimmed 1 and sold out of 2.
Reported holdings$1.74B-6.6% on Q1 2026
Positions41-2 on Q1 2026
The largest ten58.4%of its reported holdings
Latest 13FQ2 2026filed 5 August 2026
Added to
The 14 largest of its 41 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What it did on the quarter
Added 39Held 1Trimmed 1Sold out 2
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Added to 39
- Alpha Metallurgical Resources, Inc. AMR+322,675 shares · +133%
- Nutrien Ltd. NTR+632,728 shares · +77%
- Core Natural Resources, Inc. CNR+392,752 shares · +55%
- Warrior Met Coal, Inc. HCC+352,932 shares · +59%
- Canadian Natural Resources Limited CNQ+215,402 shares · +8%
- Range Resources Corp. RRC+198,864 shares · +7%
- SLB Limited SLB+156,323 shares · +7%
- Suncor Energy Inc. SU+134,545 shares · +7%
and 31 more in the table below
Trimmed 1
- Freeport-McMoRan Inc. FCX-101,340 shares · -82%
Sold out of 2
- Alamos Gold Inc. New AGI$30.5 million last quarter
- Equinox Gold Corp. EQX$18.5 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Canadian Natural Resources Limited CNQ | 3,043,255 | $120.3 million | 6.92% | +215,402 |
| SLB Limited SLB | 2,454,873 | $114.1 million | 6.56% | +156,323 |
| Range Resources Corp. RRC | 2,920,613 | $108.6 million | 6.25% | +198,864 |
| Suncor Energy Inc. SU | 1,974,700 | $106.1 million | 6.10% | +134,545 |
| Valaris Ltd. VAL | 1,413,542 | $102.6 million | 5.90% | +94,191 |
| Seadrill 2021 Ltd SDRL | 2,636,666 | $99.7 million | 5.74% | +187,101 |
| Alpha Metallurgical Resources, Inc. AMR | 564,714 | $93.1 million | 5.36% | +322,675 |
| Nutrien Ltd. NTR | 1,455,019 | $91.6 million | 5.27% | +632,728 |
| Cameco Corp. CCJ | 893,328 | $91.0 million | 5.23% | +56,897 |
| Core Natural Resources, Inc. CNR | 1,100,977 | $88.1 million | 5.07% | +392,752 |
| Warrior Met Coal, Inc. HCC | 951,045 | $77.2 million | 4.44% | +352,932 |
| Noble Corp. plc NE | 1,987,601 | $74.1 million | 4.26% | +146,395 |
| EQT Corp. EQT | 1,240,409 | $66.0 million | 3.79% | +81,206 |
| Antero Resources Corp. AR | 1,731,731 | $60.9 million | 3.50% | +114,593 |
| Sibanye Stillwater Ltd SBSW | 4,580,794 | $38.9 million | 2.24% | +310,725 |
| Centrus Energy Corp. LEU | 216,750 | $36.4 million | 2.09% | +14,692 |
| Permian Resources Corp. PR | 1,914,400 | $35.2 million | 2.03% | +99,700 |
| Chord Energy Corp. CHRD | 306,981 | $35.1 million | 2.02% | +23,520 |
| Oceaneering International Inc. OII | 775,476 | $31.4 million | 1.81% | +61,890 |
| Uranium Energy Corp. UEC | 2,357,786 | $25.1 million | 1.45% | +155,865 |
| Mosaic Co. MOS | 1,178,956 | $25.0 million | 1.44% | +256,651 |
| Matador Resources Co. MTDR | 482,216 | $24.0 million | 1.38% | +24,322 |
| Energy Fuels Inc. UUUU | 1,590,170 | $23.1 million | 1.33% | +105,268 |
| Ivanhoe Electric Inc. IE | 2,267,908 | $21.8 million | 1.25% | +152,899 |
| Expand Energy Corp. EXE | 237,837 | $21.7 million | 1.25% | +11,977 |
| Diamondback Energy, Inc. FANG | 119,576 | $21.0 million | 1.21% | +6,087 |
| Nexgen Energy Ltd NXE | 1,964,702 | $18.4 million | 1.06% | +153,759 |
| Denison Mines Corp. DNN | 5,117,155 | $15.7 million | 0.90% | +396,540 |
| Comstock Resources Inc. CRK | 907,267 | $13.5 million | 0.78% | +45,409 |
| SM Energy Co. SM | 513,406 | $13.4 million | 0.77% | +25,676 |
| Intrepid Potash Inc. IPI | 297,866 | $9.8 million | 0.56% | +30,769 |
| Borr Drilling Ltd BORR | 2,238,675 | $9.2 million | 0.53% | +119,210 |
| Trilogy Metals Inc. New TMQ | 1,775,530 | $6.2 million | 0.36% | +47,377 |
| Ur-Energy Inc. URG | 4,384,124 | $6.0 million | 0.34% | +131,030 |
| Novagold Res Inc. NG | 710,721 | $4.2 million | 0.24% | +17,980 |
| Caledonia MNG Corp. PLC CMCL | 156,906 | $3.0 million | 0.17% | +3,642 |
| Encore Energy Corp. EU | 1,508,483 | $2.0 million | 0.11% | +43,759 |
| Triple Flag Precious Metal TFPM | 61,584 | $1.8 million | 0.11% | +1,313 |
| Orla MNG Ltd New ORLA | 165,196 | $1.6 million | 0.09% | +3,612 |
| Freeport-McMoRan Inc. FCX | 21,912 | $1.4 million | 0.08% | -101,340 |
| Tidewater Inc. TDW | 3,914 | $260,790 | 0.01% | no change |
Every US-listed position in the fund's 13F for the quarter ended 30 June 2026, by the value it reported.