Yaupon Capital Management LP
Yaupon Capital Management LP reported 109 US-listed holdings worth $3.00 billion in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: National Fuel Gas Co. (4.0%), Devon Energy Corp. (2.9%) and Nisource Inc. (2.8%). Against the quarter before, it opened 46 positions, added to 36, trimmed 13 and sold out of 24.
Reported holdings$3.00B+48.0% on Q1 2026
Positions109+22 on Q1 2026
The largest ten27.3%of its reported holdings
Latest 13FQ2 2026filed 14 August 2026
OpenedAdded to
The 14 largest of its 109 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
Opened 46Added 36Held 14Trimmed 13Sold out 24
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 46
- Devon Energy Corp. DVN$86.9 million
- First Solar, Inc. FSLR$64.3 million
- American Electric Power Co. Inc. AEP$56.4 million
- Legence Corp. LGN$53.5 million
- Kinetik Holdings Inc. KNTK$48.4 million
- Freeport-McMoRan Inc. FCX$43.5 million
- Fedex Fght Hldg Co. Inc. Common Stock FDXF$41.9 million
- Antero Resources Corp. AR$41.6 million
and 38 more in the table below
Added to 36
- Entergy Corp. ETR+426,396 shares · +225%
- Williams Companies, Inc. WMB+607,368 shares · +126%
- HF Sinclair Corp. DINO+633,027 shares · +9475%
- Talen Energy Corp. TLN+114,491 shares · +145%
- National Fuel Gas Co. NFG+516,346 shares · +49%
- Forgent Power Solutions Inc FPS+600,000 shares · +150%
- Nisource Inc. NI+506,936 shares · +41%
- Ovintiv Inc. OVV+444,037 shares · +40%
and 28 more in the table below
Trimmed 13
- Hut 8 Corp. HUT-577,997 shares · -64%
- Coherent Corp. COHR-98,684 shares · -84%
- CSX Corp. CSX-443,632 shares · -33%
- AES Corp. AES-1.1 million shares · -45%
- Ameren Corp. AEE-118,832 shares · -29%
- Lumentum Holdings Inc. LITE-15,257 shares · -69%
- Shell plc SHEL-121,561 shares · -30%
- Txnm Energy Inc. TXNM-91,050 shares · -52%
and 5 more in the table below
Sold out of 24
- Coterra Energy Inc. CTRA$95.3 million last quarter
- TC Energy Corporation TRP$43.2 million last quarter
- CMS Energy Corp. CMS$35.1 million last quarter
- Pinnacle West Capital Corp. PNW$30.7 million last quarter
- Centerpoint Energy Inc. CNP$28.4 million last quarter
- Matador Resources Co. MTDR$24.6 million last quarter
- TechnipFMC plc FTI$23.8 million last quarter
- LyondellBasell Industries N.V. LYB$22.7 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| National Fuel Gas Co. NFG | 1,559,618 | $120.4 million | 4.02% | +516,346 |
| Devon Energy Corp. DVN | 2,102,988 | $86.9 million | 2.90% | new |
| Nisource Inc. NI | 1,749,831 | $83.2 million | 2.78% | +506,936 |
| Ovintiv Inc. OVV | 1,540,608 | $81.1 million | 2.71% | +444,037 |
| Williams Companies, Inc. WMB | 1,088,549 | $80.9 million | 2.70% | +607,368 |
| BKV Corp. BKV | 2,768,719 | $75.8 million | 2.53% | +728,364 |
| Vistra Corp. VST | 470,483 | $74.6 million | 2.49% | +18,892 |
| Talen Energy Corp. TLN | 193,647 | $74.4 million | 2.48% | +114,491 |
| Cenovus Energy Inc. CVE | 2,891,599 | $71.7 million | 2.39% | +31,490 |
| Entergy Corp. ETR | 615,956 | $70.7 million | 2.36% | +426,396 |
| First Solar, Inc. FSLR | 272,379 | $64.3 million | 2.14% | new |
| Permian Resources Corp. PR | 3,367,361 | $62.0 million | 2.07% | +344,879 |
| Public Service Enterprise Group Inc. PEG | 706,023 | $57.3 million | 1.91% | +40,255 |
| Duke Energy Corp. DUK | 449,340 | $56.9 million | 1.90% | +111,612 |
| American Electric Power Co. Inc. AEP | 412,431 | $56.4 million | 1.88% | new |
| Forgent Power Solutions Inc FPS | 1,000,000 | $55.9 million | 1.86% | +600,000 |
| Legence Corp. LGN | 627,256 | $53.5 million | 1.78% | new |
| H2O America HTO | 851,846 | $51.8 million | 1.73% | -43,589 |
| Kinetik Holdings Inc. KNTK | 1,002,184 | $48.4 million | 1.62% | new |
| DTE Energy Co. DTE | 297,977 | $45.4 million | 1.51% | +42,422 |
| HF Sinclair Corp. DINO | 639,708 | $44.6 million | 1.49% | +633,027 |
| American Water Works Company, Inc. AWK | 333,442 | $43.9 million | 1.46% | +15,543 |
| Freeport-McMoRan Inc. FCX | 691,546 | $43.5 million | 1.45% | new |
| CSX Corp. CSX | 908,799 | $43.2 million | 1.44% | -443,632 |
| Fedex Fght Hldg Co. Inc. Common Stock FDXF | 277,234 | $41.9 million | 1.40% | new |
| Antero Resources Corp. AR | 1,184,416 | $41.6 million | 1.39% | new |
| Yandex N V NBIS | 146,543 | $40.5 million | 1.35% | new |
| Regal Rexnord Corp. RRX | 163,233 | $38.9 million | 1.30% | new |
| Cheniere Energy Inc. LNG | 160,123 | $38.3 million | 1.28% | new |
| DT Midstream, Inc. DTM | 258,344 | $37.9 million | 1.26% | +71,282 |
| Hut 8 Corp. HUT | 328,319 | $37.9 million | 1.26% | -577,997 |
| EQT Corp. EQT | 709,535 | $37.7 million | 1.26% | +248,513 |
| Norfolk Southern Corp. NSC | 119,479 | $37.6 million | 1.25% | new |
| STMicroelectronics N.V. STM | 495,223 | $37.1 million | 1.24% | new |
| Targa Resources Corp. TRGP | 137,392 | $36.8 million | 1.23% | +6,570 |
| Primoris Services Corp. PRIM | 366,972 | $36.4 million | 1.21% | new |
| ATI Inc. ATI | 180,204 | $35.5 million | 1.18% | new |
| Cummins Inc. CMI | 48,996 | $34.9 million | 1.17% | new |
| BP plc BP | 942,850 | $34.8 million | 1.16% | -5,415 |
| Black Hills Corp. BKH | 458,430 | $34.1 million | 1.14% | +211,781 |
| Plains GP Hldgs L P PAGP | 1,354,670 | $32.9 million | 1.10% | +576,717 |
| Ameren Corp. AEE | 284,065 | $32.1 million | 1.07% | -118,832 |
| DPC Holdings PLC DPC | 619,542 | $30.0 million | 1.00% | new |
| Union Pacific Corp. UNP | 108,219 | $29.4 million | 0.98% | new |
| Transalta Corp. TAC | 2,065,064 | $28.6 million | 0.95% | +276,364 |
| Deere & Co. DE | 44,193 | $28.0 million | 0.93% | new |
| Cipher Mining Inc. CIFR | 1,091,463 | $26.7 million | 0.89% | new |
| Valero Energy Corp. VLO | 101,156 | $26.3 million | 0.88% | new |
| Solv Energy Inc. MWH | 750,000 | $25.5 million | 0.85% | +25,000 |
| Viper Energy, Inc. VNOM | 555,319 | $23.5 million | 0.79% | +78,283 |
| Nextera Energy Partners LP XIFR | 1,944,751 | $23.0 million | 0.77% | -189,036 |
| ConocoPhillips COP | 220,427 | $22.9 million | 0.76% | +10,462 |
| Shell plc SHEL | 290,199 | $22.5 million | 0.75% | -121,561 |
| Cleveland-Cliffs Inc. CLF | 2,345,191 | $22.0 million | 0.73% | new |
| Barrick Mining Corp B | 593,232 | $21.8 million | 0.73% | +122,757 |
| Spire Inc. SR | 265,458 | $20.7 million | 0.69% | +190,282 |
| Tamboran Res Corp. TBN | 623,534 | $20.3 million | 0.68% | +88,360 |
| Darling Ingredients Inc. DAR | 359,999 | $19.7 million | 0.66% | +264,271 |
| AES Corp. AES | 1,323,277 | $19.4 million | 0.65% | -1,072,663 |
| Solstice Advanced Materials Inc. SOLS | 209,487 | $18.6 million | 0.62% | new |
| MGE Energy Inc. MGEE | 200,000 | $16.3 million | 0.54% | new |
| USA Rare Earth Inc. USAR | 700,000 | $15.1 million | 0.50% | no change |
| Rice Acquisition Corp. 3 KRSP | 1,425,829 | $15.0 million | 0.50% | no change |
| Karbon Cap Partners Corp. KBON | 1,470,000 | $14.8 million | 0.50% | no change |
| Excelerate Energy Inc. EE | 390,353 | $14.8 million | 0.49% | +193,363 |
| Fervo Energy Co. Class A Com FRVO | 500,000 | $14.6 million | 0.49% | new |
| Kodiak Gas Services, Inc. KGS | 190,000 | $14.3 million | 0.48% | new |
| Rockwell Automation, Inc. ROK | 28,793 | $14.3 million | 0.48% | new |
| Innio NV INIO | 350,000 | $13.8 million | 0.46% | new |
| Golar LNG Ltd GLNG | 262,547 | $13.1 million | 0.44% | new |
| Ftai Aviation Ltd FTAI | 48,251 | $13.1 million | 0.44% | new |
| Purecycle Technologies Inc. PCT | 1,566,684 | $12.7 million | 0.42% | new |
| Eaglerock Land LLC -CL A EROK | 535,716 | $11.4 million | 0.38% | new |
| Alussa Energy Acquisit Corp. ALUB | 1,100,080 | $11.0 million | 0.37% | no change |
| Talon Cap Corp. TLNCU | 1,000,000 | $10.5 million | 0.35% | no change |
| Century Aluminum Co. CENX | 223,861 | $10.3 million | 0.34% | +12,660 |
| Sunshine Silver MNG & Refng SSMR | 750,000 | $9.9 million | 0.33% | new |
| Yesway Inc. A YSWY | 437,375 | $8.9 million | 0.30% | new |
| Target Hospitality Corp. TH | 435,097 | $8.9 million | 0.30% | new |
| Infinity Natural Resources, Inc. INR | 654,255 | $8.3 million | 0.28% | +110,047 |
| NorthWestern Energy Group, Inc. NWE | 110,131 | $7.9 million | 0.26% | +5,209 |
| Teck Resources Ltd TECK | 128,432 | $7.6 million | 0.25% | +6,075 |
| Nextdecade Corp. NEXT | 1,003,907 | $7.6 million | 0.25% | new |
| X Energy Inc. XE | 400,000 | $7.3 million | 0.24% | new |
| Coherent Corp. COHR | 18,140 | $7.2 million | 0.24% | -98,684 |
| Select Water Solutions Inc. WTTR | 331,852 | $6.6 million | 0.22% | new |
| Bitdeer Technologies Group BTDR | 401,909 | $6.4 million | 0.21% | new |
| Lumentum Holdings Inc. LITE | 6,935 | $6.0 million | 0.20% | -15,257 |
| Kimbell Rty Partners LP KRP | 364,866 | $5.3 million | 0.18% | -150,234 |
| Aurora Innovation Inc. AUR | 750,000 | $5.1 million | 0.17% | new |
| Hennessy Cap Invts Corp. Viii HCIC | 500,000 | $5.0 million | 0.17% | no change |
| Txnm Energy Inc. TXNM | 83,808 | $4.8 million | 0.16% | -91,050 |
| Crescent Energy Co. CRGY | 400,211 | $3.9 million | 0.13% | new |
| Erock Inc Class Class A EROC | 250,000 | $3.6 million | 0.12% | new |
| Quantinuum Inc. QNT | 40,000 | $3.3 million | 0.11% | new |
| Cantor Equity Partners IV in CEPF | 312,094 | $3.2 million | 0.11% | no change |
| Terawulf Inc. WULF | 125,000 | $3.1 million | 0.10% | new |
| Wolfspeed Inc. WOLF | 61,427 | $3.0 million | 0.10% | -15,244 |
| Cadeler A S CDLR | 101,284 | $2.2 million | 0.07% | +5,152 |
| Spark I Acquisition Corp. SPKL | 156,250 | $2.0 million | 0.07% | new |
| Opal Fuels Inc. OPAL | 810,183 | $1.8 million | 0.06% | +29,491 |
| Sable Offshore Corp. SOC | 250,000 | $770,000 | 0.03% | new |
| Rice Acquisition Corp. 3 KRSPWS | 237,637 | $235,261 | 0.01% | no change |
| Pyrophyte Acquisition Corp. PAII | 20,708 | $211,222 | 0.01% | no change |
| Karbon Cap Partners Corp. KBONW | 367,499 | $198,817 | 0.01% | no change |
| Alussa Energy Acquisit Corp. ALUBWS | 366,666 | $146,483 | 0.00% | no change |
| Cantor Equity Partners V Inc. CEPV | 10,251 | $105,713 | 0.00% | no change |
| Hennessy Cap Invts Corp. Viii HCICR | 500,000 | $80,500 | 0.00% | no change |
| Pyrophyte Acquisition Corp. PAIIWS | 10,354 | $5,177 | 0.00% | no change |
Every US-listed position in the fund's 13F for the quarter ended 30 June 2026, by the value it reported.
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Change is shares against its 13F for the quarter before; the 24 it sold out of are in the box above.Options it reported
| Company | Option | Shares under the options | Value of those shares |
|---|---|---|---|
| SPDR S&P 500 SPY | Puts | 1,930,000 | $1.44 billion |
| iShares Trust TLT | Calls | 1,760,000 | $152.1 million |
| First Solar, Inc. FSLR | Calls | 365,000 | $86.1 million |
| Air Products & Chemicals, Inc. APD | Puts | 250,000 | $73.3 million |
| Select Sector SPDR Trust XLU | Puts | 1,500,000 | $68.0 million |
| ONEOK Inc. OKE | Puts | 750,000 | $65.2 million |
| Mastec Inc. MTZ | Puts | 150,000 | $62.4 million |
| NextEra Energy Inc. NEE | Puts | 500,000 | $43.9 million |
| National Fuel Gas Co. NFG | Calls | 300,000 | $23.2 million |
| Vistra Corp. VST | Puts | 100,000 | $15.9 million |
| Equinor ASA EQNR | Puts | 500,000 | $15.7 million |
| Venture Global Inc. VG | Puts | 1,031,000 | $11.5 million |
| Cameco Corp. CCJ | Puts | 100,000 | $10.2 million |
| Cleveland-Cliffs Inc. CLF | Calls | 700,000 | $6.6 million |
14 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.