Nokomis Capital, L.L.C.
Nokomis Capital, L.L.C. reported 48 US-listed holdings worth $272.6 million in its 13F for the quarter ended 30 June 2026, filed 21 August 2026. Its largest: I-80 Gold Corp. (9.7%), Coeur Mining, Inc. (8.2%) and Oceanagold Corp. (6.8%). Against the quarter before, it opened 5 positions, added to 3, trimmed 29 and sold out of 4.
The 14 largest of its 48 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 its reported holdings returned
Held through each quarter, the holdings it reported returned +42.1% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 5
- Oceanagold Corp. OGC$18.5 million
- Service Pptys Trust SVC$5.8 million
- Caesars Entertainment, Inc. CZR$3.7 million
- Devon Energy Corp. DVN$3.0 million
- Osisko Development Corp. ODVWZ$60,200
Added to 3
- Hudbay Minerals Inc. HBM+321,990 shares · +71%
- Antero Resources Corp. AR+76,300 shares · +28%
- Mayfair Gold Corp. MINE+147,663 shares · +6%
Trimmed 29
- MGM Resorts International MGM-381,031 shares · -91%
- SPDR Dow Jones Indl Average DIA-20,101 shares · -52%
- Sprott Physical Silver Trust PSLV-326,582 shares · -78%
- Nexgen Energy Ltd NXE-595,691 shares · -46%
- I-80 Gold Corp. IAUX-3.8 million shares · -17%
- Coeur Mining, Inc. CDE-300,109 shares · -18%
- KKR Real Estate Fin Trust Inc. KREF-684,222 shares · -61%
- Lithia Motors Inc. LAD-12,353 shares · -16%
and 21 more in the table below
Sold out of 4
- Vaneck ETF Trust GDX$7.0 million last quarter
- Coterra Energy Inc. CTRA$4.2 million last quarter
- Lightwave Logic Inc. LWLG$4.0 million last quarter
- Hallador Energy Company HNRG$2.2 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| I-80 Gold Corp. IAUX | 18.4M | $26.5 million | 9.72% | -3.8M |
| Coeur Mining, Inc. CDE | 1.4M | $22.2 million | 8.15% | -300.1K |
| Oceanagold Corp. OGC | 736.8K | $18.5 million | 6.78% | new |
| Hudbay Minerals Inc. HBM | 775.7K | $18.3 million | 6.72% | +322.0K |
| Lithia Motors Inc. LAD | 62.9K | $18.3 million | 6.70% | -12.4K |
| Beazer Homes USA Inc. BZH | 509.2K | $14.3 million | 5.24% | -91.5K |
| Antero Resources Corp. AR | 353.6K | $12.4 million | 4.56% | +76.3K |
| I-80 Gold Corp. IAUXWS | 12.6M | $10.7 million | 3.92% | -284.7K |
| SPDR Dow Jones Indl Average DIA | 18.8K | $9.8 million | 3.60% | -20.1K |
| Greenfire Res Ltd New GFR | 1.6M | $9.1 million | 3.34% | -139.3K |
| Shoe Carnival Inc. SHOE | 496.6K | $7.4 million | 2.70% | -41.2K |
| Integra Res Corp. ITRG | 3.1M | $7.1 million | 2.62% | -388.7K |
| Dakota Gold Corp. DC | 1.6M | $6.9 million | 2.54% | -382.7K |
| Sprott Physical Plat Pallad SPPP | 546.8K | $6.8 million | 2.50% | no change |
| Nexgen Energy Ltd NXE | 700.8K | $6.6 million | 2.41% | -595.7K |
| Mayfair Gold Corp. MINE | 2.6M | $6.3 million | 2.33% | +147.7K |
| Apple Hospitality REIT, Inc. APLE | 371.7K | $6.2 million | 2.29% | -33.3K |
| Service Pptys Trust SVC | 3.4M | $5.8 million | 2.14% | new |
| Ovintiv Inc. OVV | 108.1K | $5.7 million | 2.09% | -24.2K |
| Amplify ETF Trust SILJ | 215.1K | $5.6 million | 2.05% | no change |
| Cenovus Energy Inc. CVE | 167.3K | $4.2 million | 1.52% | -7.4K |
| Osisko Development Corp. ODV | 1.5M | $3.7 million | 1.37% | -482.5K |
| Caesars Entertainment, Inc. CZR | 122.8K | $3.7 million | 1.36% | new |
| MAUI LD & Pineapple INC MLP | 175.6K | $3.1 million | 1.15% | -36.6K |
| Devon Energy Corp. DVN | 72.2K | $3.0 million | 1.09% | new |
| KKR Real Estate Fin Trust Inc. KREF | 435.6K | $3.0 million | 1.09% | -684.2K |
| Vizsla Silver Corp. VZLA | 872.2K | $2.9 million | 1.06% | -178.4K |
| TPG Re Fin Trust Inc. TRTX | 312.9K | $2.6 million | 0.96% | no change |
| Acres Commercial Realty Corp. ACR | 145.8K | $2.6 million | 0.95% | -41.5K |
| Century Casinos Inc. CNTY | 1.8M | $2.2 million | 0.82% | -178.8K |
| Vaneck ETF Trust GDXJ | 21.5K | $2.1 million | 0.78% | -3.8K |
| J Jill Inc. JILL | 115.9K | $1.8 million | 0.67% | no change |
| MGM Resorts International MGM | 38.3K | $1.8 million | 0.67% | -381.0K |
| Sprott Physical Silver Trust PSLV | 92.5K | $1.7 million | 0.64% | -326.6K |
| Blue Moon Metals Ord BMM | 244.9K | $1.6 million | 0.57% | no change |
| Roman Dbdr Acquisition Corp. DRDB | 130.0K | $1.4 million | 0.50% | no change |
| Alamos Gold Inc. New AGI | 39.1K | $1.2 million | 0.44% | no change |
| Applied Optoelectronics, Inc. AAOI | 7.9K | $1.2 million | 0.43% | no change |
| Sibanye Stillwater Ltd SBSW | 120.7K | $1.0 million | 0.38% | no change |
| Perpetua Resources Corp. PPTA | 47.6K | $989,193 | 0.36% | no change |
| Crescent Energy Co. CRGY | 91.9K | $902,704 | 0.33% | -83.1K |
| Ark Restaurants Corp ARKR | 93.8K | $549,475 | 0.20% | -21.2K |
| iShares Inc. EWZ | 12.5K | $432,078 | 0.16% | -3.1K |
| Otg Acquisition Corp. I OTGA | 15.6K | $158,787 | 0.06% | -146.0K |
| Osisko Development Corp. ODVWZ | 1,000.0K | $60,200 | 0.02% | new |
| Otg Acquisition Corp. I OTGAW | 80.8K | $33,206 | 0.01% | no change |
| Roman Dbdr Acquisition Corp. DRDBW | 78.5K | $19,304 | 0.01% | -86.7K |
| Mobix Labs Inc. MOBXW | 11.5K | $1,024 | 0.00% | -18.6K |
Read more
Change is shares against its 13F for the quarter before; the 4 it sold out of are in the box above.Options it reported
| Company | Option | Shares under the options | Value of those shares |
|---|---|---|---|
| AST SpaceMobile, Inc. ASTS | Puts | 166.5K | $14.8 million |
| NVIDIA Corp. NVDA | Puts | 5.0K | $1.0 million |
| Invesco QQQ Trust QQQ | Puts | 1.2K | $883,680 |
| SPDR Gold Trust GLD | Calls | 1.1K | $405,218 |
| Eos Energy Enterprises Inc. EOSE | Puts | 49.4K | $290,472 |
| Vaneck ETF Trust GDXJ | Calls | 2.0K | $196,500 |
| Soundhound AI, Inc. SOUN | Puts | 17.6K | $113,872 |
7 option lines. A 13F lists calls and puts by the shares they cover and what those shares were worth at the quarter's end, not what the options cost; they are not counted in the holdings above.