Q2 2026 13F · SEC CIK 1549358

Old West Investment Management, LLC

Hedge fundFiled 2026-08-06 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $944.2M
Reported positions: 124
Top holdings a year, 3 yrs: +18.5%
Assets under management: $915.7M

Old West Investment Management, LLC is a hedge fund that reported 124 positions worth $944.2M in its Q2 2026 13F, filed 2026-08-06. Its largest holdings were Bruker Corp (BRKR, 4.3%), Oceaneering Intl Inc (OII, 3.0%), Tidewater Inc (TDW, 2.8%). A portfolio copying its top holdings returned 18.5% a year over the last 3 years, against 20.4% for the S&P 500.

Old West Investment Management, LLC holdings largest 50 of 124 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Old West Investment Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
BRKRBruker Corp	4.3%	2.5%	667,103	+4.1%	$40.1M
OIIOceaneering Intl Inc	3.0%	2.7%	693,549	-0.5%	$28.1M
TDWTidewater Inc	2.8%	3.7%	393,788	-4.0%	$26.2M
LMTLockheed Martin Corp Com	2.6%	3.2%	48,441	-1.7%	$24.7M
ILMNIllumina Inc	2.4%	—	127,804	—	$22.5M
SUSuncor Energy Inc New	2.4%	3.0%	418,292	+1.2%	$22.5M
SLBSlb Limited	2.4%	2.7%	479,478	-2.5%	$22.3M
CNQCanadian Nat Res Ltd Med Term Com	2.3%	3.0%	556,966	-2.2%	$22.0M
ASMLAsml Hldg NV	2.3%	1.8%	11,000	-12.3%	$21.9M
TMQTrilogy Metals Inc New	2.3%	1.8%	6,092,657	+29.6%	$21.4M
SWKSSkyworks Solutions Inc	2.1%	0.9%	295,073	+89.3%	$20.0M
CCJCameco Corp Com	2.1%	2.3%	193,664	-0.2%	$19.7M
NXENexgen Energy Ltd	2.0%	2.4%	2,035,633	+4.8%	$19.1M
ARAntero Resources Corp	2.0%	3.0%	533,355	-17.7%	$18.7M
NOKNokia Corp	1.9%	1.3%	1,359,833	-11.6%	$18.1M
CNRCore Natural Resources Inc	1.9%	3.3%	219,914	-25.0%	$17.6M
ACLSAxcelis Technologies Inc	1.8%	—	90,334	—	$17.1M
NTRNutrien Ltd	1.7%	3.2%	259,047	-33.6%	$16.3M
APDAir Products and Chemicals Inc	1.7%	2.6%	55,058	-32.8%	$16.1M
EXEExpand Energy Corporation	1.7%	—	174,743	—	$15.9M
EQTEQT Corp	1.7%	—	297,454	—	$15.8M
BABoeing Co	1.6%	1.0%	69,454	+48.1%	$15.0M
BGBunge Global SA	1.5%	1.8%	135,751	+1.6%	$14.5M
UNPUnion Pac Corp	1.5%	1.0%	52,870	+43.2%	$14.4M
RIORio Tinto PLC	1.5%	1.2%	145,736	+22.7%	$13.8M
GSMFerroglobe PLC	1.4%	1.8%	4,201,296	+7.0%	$13.4M
FLRFluor Corp	1.4%	—	254,781	—	$13.3M
FCXFreeport Mcmoran Inc Cl B	1.4%	1.0%	209,137	+37.2%	$13.2M
RRCRange Res Corp	1.4%	2.6%	344,829	-34.6%	$12.8M
ALBAlbemarle Corp Com	1.4%	1.7%	94,373	+7.0%	$12.7M
GEVGe Vernova Inc	1.3%	1.0%	10,815	+0.0%	$12.7M
CFCF Industries Holdings Inc	1.3%	2.4%	115,640	-31.4%	$12.5M
AAAlcoa Corporation	1.3%	1.6%	236,718	+6.8%	$12.3M
NOCNorthrop Grumman Corp	1.3%	2.0%	24,203	-12.1%	$12.3M
BRK-BBerkshire Hathaway Inc Del	1.2%	1.1%	22,326	+4.6%	$11.2M
IPXIperionx Ltd	1.1%	—	345,185	—	$10.3M
VRTVertiv Holdings Co	1.1%	0.8%	30,458	+5.6%	$10.2M
AGIAlamos Gold Inc	1.1%	1.6%	335,867	+4.2%	$10.2M
AEMAgnico Eagle Mines Ltd	1.1%	1.3%	64,372	+8.5%	$10.0M
AMRAlpha Metallurgical Resour I	1.1%	0.8%	60,213	+65.1%	$9.9M
IPGPIpg Photonics Corp	1.0%	—	81,189	—	$9.5M
GFSGlobalfoundries Inc	1.0%	0.7%	113,860	-24.7%	$9.4M
NENoble Corporation PLC Class A	0.8%	1.1%	215,153	+1.8%	$8.0M
DOWDow Inc.	0.8%	1.1%	280,847	+13.9%	$7.7M
NVTSNavitas Semiconductor Corp	0.8%	—	427,322	—	$7.7M
CCChemours Co	0.8%	0.8%	348,549	+9.8%	$7.2M
WFRDWeatherford Intl PLC F	0.7%	0.8%	84,547	+2.0%	$6.9M
LYBLyondellBasell Industries NV	0.7%	1.1%	127,282	+0.0%	$6.7M
AMATApplied Matls Inc	0.7%	—	9,200	—	$6.7M
OLNOlin Corp	0.7%	—	323,869	—	$6.4M

What Old West Investment Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +31.3% /yr; S&P 500 +20.1%
3 years: +18.5% /yr; S&P 500 +20.4%
5 years: +10.4% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$944.2M	124
Q1 2026	$922.6M	123
Q4 2025	$560.2M	102
Q3 2025	$436.0M	86
Q2 2025	$303.3M	62
Q1 2025	$277.2M	59
Q4 2024	$246.8M	55
Q3 2024	$258.6M	58
Q2 2024	$226.7M	58
Q1 2024	$197.8M	53
Q4 2023	$194.5M	39
Q3 2023	$198.1M	42

Questions about Old West Investment Management, LLC's portfolio

What stocks does Old West Investment Management, LLC own?

Old West Investment Management, LLC's latest 13F, for Q2 2026 and filed Aug 6, 2026, lists 124 positions worth $944.2M. The largest are Bruker Corp (BRKR) at 4.3%, Oceaneering Intl Inc (OII) at 3.0%, Tidewater Inc (TDW) at 2.8%, Lockheed Martin Corp Com (LMT) at 2.6% and Illumina Inc (ILMN) at 2.4%.

What did Old West Investment Management, LLC buy last quarter?

In Q2 2026, Old West Investment Management, LLC added Skyworks Solutions Inc (SWKS) (+89.3% shares), Alpha Metallurgical Resour I (AMR) (+65.1% shares) and Boeing Co (BA) (+48.1% shares), compared with its Q1 2026 filing.

What did Old West Investment Management, LLC sell last quarter?

In Q2 2026, Old West Investment Management, LLC cut from its top 50 Virtu Financial Inc Cl A (VIRT), cut from its top 50 Viper Energy Inc (VNOM), cut from its top 50 Fmc Corp (FMC), cut from its top 50 Petroleo Brasileiro SA - Petro (PBR), cut from its top 50 Elanco Animal Health Inc (ELAN), Range Res Corp (RRC) (-34.6% shares), Nutrien Ltd (NTR) (-33.6% shares) and Air Products and Chemicals Inc (APD) (-32.8% shares), compared with its Q1 2026 filing.

How has Old West Investment Management, LLC's portfolio performed?

A portfolio copying Old West Investment Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +31.3% against +20.1%. Over 5 years: +10.4% a year against +11.6%.

When is Old West Investment Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Old West Investment Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Old West Investment Management, LLC manage?

Old West Investment Management, LLC reported $915.7M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $944.2M.