Impala Asset Management
Palm Beach, FLfiles as Impala Asset Management LLC
$176m in 20 US stocks at the end of 30 June 2026. The top 10 are 90.5% of the money. It changed about 32.1% of the portfolio this quarter.
Value
$176m
Stocks
20
Top 10 share
90.5%
Turnover
32.1%
What changed this quarter
New
Bought for the first time this quarter.
- DOWDOW8.3% of the fund
- Century Alum3.9% of the fund
- Devon EnergyDVN2.1% of the fund
- DOW Hldgs1.6% of the fund
- Ivanhoe ElectricIE0.8% of the fund
- Vista GoldVGZ0.3% of the fund
- Vera BradleyVRA0.3% of the fund
Added
Bought more of a stock they already held.
- Century AluminumCENX27.0% of the fund+6%
- Ero CopperERO17.7% of the fund+14%
- Tronox HoldingsTROX6.9% of the fund+262%
- Abercrombie & FitchANF5.5% of the fund+62%
- SLB LimitedSLB4.9% of the fund+18%
- AlcoaAA4.0% of the fund+4%
- Diamondback EnergyFANG1.9% of the fund+90%
- DHT HoldingsDHT0.8% of the fund+70%
Cut
Sold some of their stake.
- Tronox Holdings2.5% of the fund-41%
- Star Bulk CarriersSBLK1.1% of the fund-33%
- Mueller IndustriesMLI0.3% of the fund-67%
- Huntsman0.3% of the fund-89%
Sold out
Sold their entire stake.
- Eastman ChemicalEMN-100%
- PPG IndustriesPPG-100%
- CelaneseCE-100%
- HuntsmanHUN-100%
- ArcelorMittalMT-100%
- Dick's Sporting GoodsDKS-100%
- West Fraser TimberWFG-100%
- American Eagle OutfittersAEO-100%
- lululemon athleticaLULU-100%
- ArcbestARCB-100%
- California ResourcesCRC-100%
- Builders FirstSourceBLDR-100%
- APAAPA-100%
Holdings
- Ero CopperERO
- Share
- 17.7%
- Value
- $31m
- Shares
- 1,169,000
+14%
- Century Alum
- Share
- 3.9%
- Value
- $7m
- Shares
- 150,000
New
- Tronox Holdings
- Share
- 2.5%
- Value
- $4m
- Shares
- 690,000
-41%
- DOW Hldgs
- Share
- 1.6%
- Value
- $3m
- Shares
- 100,000
New
- Huntsman
- Share
- 0.3%
- Value
- $532,062
- Shares
- 50,100
-89%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Century AluminumCENX | 27.0% | $48m | 1,035,000 | +6% |
| Ero CopperERO | 17.7% | $31m | 1,169,000 | +14% |
| BuckleBKE | 9.9% | $17m | 412,000 | Held |
| DOWDOW | 8.3% | $15m | 537,000 | New |
| Tronox HoldingsTROX | 6.9% | $12m | 1,920,000 | +262% |
| Abercrombie & FitchANF | 5.5% | $10m | 108,658 | +62% |
| SLB LimitedSLB | 4.9% | $9m | 185,000 | +18% |
| AlcoaAA | 4.0% | $7m | 135,000 | +4% |
| Century Alum | 3.9% | $7m | 150,000 | New |
| Tronox Holdings | 2.5% | $4m | 690,000 | -41% |
| Devon EnergyDVN | 2.1% | $4m | 90,000 | New |
| Diamondback EnergyFANG | 1.9% | $3m | 19,000 | +90% |
| DOW Hldgs | 1.6% | $3m | 100,000 | New |
| Star Bulk CarriersSBLK | 1.1% | $2m | 80,479 | -33% |
| DHT HoldingsDHT | 0.8% | $1m | 85,050 | +70% |
| Ivanhoe ElectricIE | 0.8% | $1m | 140,000 | New |
| Mueller IndustriesMLI | 0.3% | $614,650 | 5,000 | -67% |
| Huntsman | 0.3% | $532,062 | 50,100 | -89% |
| Vista GoldVGZ | 0.3% | $525,250 | 275,000 | New |
| Vera BradleyVRA | 0.3% | $486,250 | 125,000 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 11.6% since 30 June 2025.
Where the money is
Materials64.9%
Retail & consumer15.7%
Energy8.9%
Industrials2.3%
Other8.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.