SailingStone Capital Partners
Houston, TXfiles as SailingStone Capital Partners LLC
$534m in 19 US stocks at the end of 30 June 2026. The top 10 are 83.3% of the money. It changed about 17.2% of the portfolio this quarter.
Value
$534m
Stocks
19
Top 10 share
83.3%
Turnover
17.2%
What changed this quarter
New
Bought for the first time this quarter.
- MosaicMOS4.7% of the fund
- Murphy OilMUR3.0% of the fund
- Metals Acquisition Corp. IIMTAL1.7% of the fund
- Metals Acquisition Corp IIMTAL-WS<0.1% of the fund
Added
Bought more of a stock they already held.
- Range ResourcesRRC10.5% of the fund+53%
- Antero ResourcesAR9.0% of the fund+62%
- Ivanhoe ElectricIE7.5% of the fund+38%
- West Fraser TimberWFG7.4% of the fund+58%
- NutrienNTR3.4% of the fund+115%
- HubbellHUBB2.7% of the fund+128%
- Martin Marietta MaterialsMLM2.5% of the fund+204%
- Constellation EnergyCEG1.8% of the fund+20%
Cut
Sold some of their stake.
- Compass Minerals InternationalCMP19.5% of the fund-31%
- LindeLIN9.5% of the fund-11%
- Williams CompaniesWMB3.0% of the fund-4%
- Chemical & Mining CO of ChileSQM<0.1% of the fund-92%
Sold out
Sold their entire stake.
- Metals Acquisition Corp IIMTAL-U-100%
- MaterionMTRN-100%
Holdings
- West Fraser TimberWFG
- Share
- 7.4%
- Value
- $40m
- Shares
- 412,177
+58%
- NutrienNTR
- Share
- 3.4%
- Value
- $18m
- Shares
- 288,350
+115%
- CamecoCCJ
- Share
- 2.0%
- Value
- $11m
- Shares
- 73,227
Held
- Metals Acquisition Corp. IIMTAL
- Share
- 1.7%
- Value
- $9m
- Shares
- 879,729
New
- Metals Acquisition Corp IIMTAL-WS
- Share
- <0.1%
- Value
- $344,401
- Shares
- 313,092
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Compass Minerals InternationalCMP | 19.5% | $104m | 3,351,366 | -31% |
| Range ResourcesRRC | 10.5% | $56m | 1,504,350 | +53% |
| LindeLIN | 9.5% | $51m | 97,484 | -11% |
| Antero ResourcesAR | 9.0% | $48m | 1,369,303 | +62% |
| Enterprise Products Partners L.P.EPD | 7.8% | $42m | 1,135,960 | Held |
| Ivanhoe ElectricIE | 7.5% | $40m | 4,195,373 | +38% |
| West Fraser TimberWFG | 7.4% | $40m | 412,177 | +58% |
| MosaicMOS | 4.7% | $25m | 1,187,332 | New |
| Energy Vault HoldingsNRGV | 3.9% | $21m | 4,469,075 | Held |
| NutrienNTR | 3.4% | $18m | 288,350 | +115% |
| Williams CompaniesWMB | 3.0% | $16m | 215,914 | -4% |
| Murphy OilMUR | 3.0% | $16m | 486,854 | New |
| HubbellHUBB | 2.7% | $14m | 27,328 | +128% |
| Martin Marietta MaterialsMLM | 2.5% | $13m | 23,147 | +204% |
| CamecoCCJ | 2.0% | $11m | 73,227 | Held |
| Constellation EnergyCEG | 1.8% | $10m | 38,795 | +20% |
| Metals Acquisition Corp. IIMTAL | 1.7% | $9m | 879,729 | New |
| Metals Acquisition Corp IIMTAL-WS | <0.1% | $344,401 | 313,092 | New |
| Chemical & Mining CO of ChileSQM | <0.1% | $277,280 | 3,745 | -92% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 41.2% since 30 June 2025.
Where the money is
Materials56.6%
Energy25.4%
Utilities9.6%
Technology3.9%
Industrials2.7%
Financial services1.7%
Other0.1%
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.