THRC Management, LLC
- SEC CIK
- 0001834450
- Latest filing
- May 16, 2022
Holdings in Q1 2022
Holdings as of Mar 31, 2022, filed May 16, 2022. Long positions only; changes compare share counts with Q4 2021.
- Positions
- 17
- −6 vs. Q4 2021
- Portfolio value
- $633.1M
- +$78.1M (+14.1%) vs. Q4 2021
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| NEXNextier Oilfield Solutions Inc. | COM | 17,625,889 | $162.9M | 25.7% | −2,704,835−13.3% | Reduced | History |
| FANGDiamondback Energy, Inc. | Stock | 700,000 | $96.0M | 15.2% | −102,341−12.8% | Reduced | History |
| PUMPProPetro Holding Corp. | COM | 6,303,468 | $87.8M | 13.9% | −2,677,483−29.8% | Reduced | History |
| MTDRMatador Resources Co | COM | 1,478,229 | $78.3M | 12.4% | −95,027−6.0% | Reduced | History |
| LBRTLiberty Energy Inc. | COM CL A | 5,242,100 | $77.7M | 12.3% | −477,139−8.3% | Reduced | History |
| SEISolaris Energy Infrastructure, Inc. | COM CL A | 3,218,875 | $36.3M | 5.7% | +488,131+17.9% | Added | History |
| BRK.ABerkshire Hathaway Inc | CL A | 40 | $21.2M | 3.3% | 00.0% | Unchanged | History |
| SLCAU.S. Silica Holdings, Inc. | COM | 1,131,294 | $21.1M | 3.3% | +1,131,294 | New | History |
| WEXWEX Inc. | COM | 70,000 | $12.5M | 2.0% | −30,000−30.0% | Reduced | History |
| TFINTriumph Financial, Inc. | COM | 130,439 | $12.3M | 1.9% | −22,557−14.7% | Reduced | History |
| CRKComstock Resources Inc | COM | 751,100 | $9.80M | 1.5% | +1,100+0.1% | Added | History |
| WTTRSelect Water Solutions, Inc. | CL A COM | 1,096,460 | $9.40M | 1.5% | −119,664−9.8% | Reduced | History |
| WYWeyerhaeuser Co | COM NEW | 100,000 | $3.79M | 0.6% | −29,657−22.9% | Reduced | History |
| TCBITexas Capital Bancshares Inc | COM | 50,974 | $2.92M | 0.5% | −83,735−62.2% | Reduced | History |
| SNDSmart Sand, Inc. | COM | 256,806 | $886.0K | 0.1% | −188,624−42.3% | Reduced | History |
| TCBXThird Coast Bancshares, Inc. | COM | 9,116 | $211.0K | <0.1% | +9,116 | New | History |
| US Well Services Inc91274U200 | CL A | 57,403 | $63.0K | <0.1% | 00.0% | Unchanged | – |
Options (2)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
| Security | Class | Puts | Calls |
|---|---|---|---|
| Liberty Oilfield Svcs Inc53115L904 | CALL | – | $844.0K |
| Nextier Oilfield Solutions65290C905 | CALL | – | $360.0K |
Sold out since Q4 2021 (8)
Positions held at the end of Q4 2021 that are gone from this filing.
| Security | Class | Shares in Q4 2021 | Value in Q4 2021 | % of portfolio in Q4 2021 | History |
|---|---|---|---|---|---|
| FTSIFTS International, Inc. | COM NEW CL A | 2,750,000 | $72.2M | 13.0% | History |
| TPLTexas Pacific Land Corp | Stock | 11,000 | $13.7M | 2.5% | History |
| CLFCleveland-Cliffs Inc. | COM | 600,000 | $13.1M | 2.4% | History |
| ODFLOld Dominion Freight Line, Inc. | COM | 20,000 | $7.17M | 1.3% | History |
| CATCaterpillar Inc | Stock | 20,000 | $4.13M | 0.7% | History |
| SPDR Series Trust78468R549 | SP O&G EQP SERV | 57,602 | $2.85M | 0.5% | – |
| DYDycom Industries Inc | COM | 7,400 | $694.0K | 0.1% | History |
| AZOAutoZone Inc | COM | 100 | – | – | History |