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Portfolio (Quarterly) Guide ↗

Recurrent Investment Advisors LLC

· CIK 0001803146
13F Portfolio $1.7B AUM 67 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 37 Added 17 Reduced 4 Exited
Page 3 of 4  ·  67 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 FANG DIAMONDBACK ENERGY INC Energy 11,756.0 $2.3M 0.14% $197.79 +1.6%
42 SHEL SHELL PLC Energy 56,141.0 $2.0M 0.12% +2K +4.7% $35.87 +141.8%
43 BHP BHP BILLITON LIMITED Basic Materials 27,271.0 $2.0M 0.12% +1K +4.6% $72.74 +16.8%
44 DAR DARLING INGREDIENTS INC Consumer Defensive 27,265.0 $1.7M 0.10% -3K -9.6% $61.85 -6.5%
45 PKX POSCO HOLDINGS INC Basic Materials 24,960.0 $1.5M 0.09% $58.49 +27.1%
46 MOS MOSAIC CO Basic Materials 54,447.0 $1.4M 0.08% +2K +4.6% $25.50 -14.0%
47 TOTALENERGIES SE 15,824.0 $1.3M 0.08% +836.0 +5.6% $80.91
48 ALB ALBEMARLE CORP Basic Materials 6,283.0 $1.1M 0.07% -1K -18.8% $179.53 -5.4%
49 EXPAND ENERGY CORPORATION 9,689.0 $1.1M 0.06% $109.78
50 CF CF INDUSTRIES HOLD Basic Materials 8,163.0 $1.1M 0.06% +400.0 +5.2% $129.84 -6.3%
51 SMURFIT WESTROCK PLC 26,095.0 $1.0M 0.06% +14K +113.5% $39.85
52 IP INTERNATIONAL PAPER CO Consumer Cyclical 28,266.0 $1.0M 0.06% +14K +102.0% $35.70 -11.8%
53 AA ALCOA CORP Basic Materials 15,130.0 $1.0M 0.06% -20K -56.8% $66.33 -0.1%
54 CRH PLC 9,402.0 $988K 0.06% +3K +51.8% $105.12
55 SUNC SUNOCOCORP LLC Energy 15,380.0 $948K 0.06% +5K +42.4% $61.65 +16.5%
56 CCK CROWN HLDGS INC Consumer Cyclical 9,406.0 $943K 0.06% $100.25 -3.8%
57 TRP TC ENERGY CORP Energy 14,455.0 $905K 0.05% +2K +15.1% $62.60 +12.0%
58 CCJ CAMECO CORP Energy 6,757.0 $734K 0.04% $108.61 -3.0%
59 MT ARCELORMITTAL SA LUXEMBOURG Basic Materials 15,403.0 $676K 0.04% +734.0 +5.0% $43.89 +46.1%
60 EOG EOG RES INC Energy 4,637.0 $670K 0.04% $144.57 -3.2%
Page 3 of 4  ·  67 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Energy 88.9%
Basic Materials 6.3%
Consumer Cyclical 4.6%
Consumer Defensive 0.1%
Utilities 0.0%
Real Estate 0.0%