FourWorld Capital Management LLC
Long book
$183.7M
Q1 2026
Positions
19
Top-10 weight
93%
concentration
Last quarter
-45.8%
SPY +14.8%
Turnover
32%
of book per quarter
Strategy in plain words
auto-generated from filingsFourWorld Capital Management LLC is a concentrated fundamental stock-picker, specialised in energy (68% of the long book), running a $183.7M US long book across 19 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SABLE OFFSHORE CORP, MISTER CAR WASHINC, PRIORITY TECHNOLOGY HOLDINGS, SEMPER PARATUS ACQU -CW26, USA TODAY CO INC.
Over the last 9 quarters its long book ran on average 3.9pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-12.9%
Q2 2024
-10.3%
Q3 2024
-4.2%
Q4 2024
-9.4%
Q1 2025
+18.8%
Q2 2025
+25.4%
Q3 2025
-12.5%
Q4 2025
+56.6%
Q1 2026
-45.8%
Sector allocation
Energy 71%
Healthcare 10%
Technology 7%
Services media 5%
Other 4%
Communications 3%
Real estate 2%
Industrials 0%
Long book by quarter
What does FourWorld Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| SOC SABLE OFFSHORE CORP | Energy | 7.2M | $119.2M | 64.9% | -11.0% |
| PRTH PRIORITY TECHNOLOGY HOLDINGS | Services media | 1.6M | $7.5M | 4.1% | +330.0% |
| TDAY USA TODAY CO INC | Other | 878.6K | $6.2M | 3.4% | New |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 100.0K | $6.1M | 3.3% | Held |
| CCOI COGENT COMMUNICATIONS HOLDIN | Communications | 265.5K | $5.0M | 2.7% | New |
| MX MAGNACHIP SEMICONDUCTOR CORP | Technology | 1.7M | $4.6M | 2.5% | +667.1% |
| EVLV EVOLV TECHNOLOGIES HOLDINGS | Technology | 716.8K | $4.3M | 2.4% | Held |
| SRG SERITAGE GROWTH PROP- A | Real estate | 1.1M | $3.1M | 1.7% | Held |
| AIRS AIRSCULPT TECHNOLOGIES INC | Healthcare | 987.8K | $2.8M | 1.5% | +105.7% |
| CVRX CVRX INC | Healthcare | 232.0K | $2.2M | 1.2% | +28.9% |
| STIM NEURONETICS INC | Healthcare | 1.5M | $2.2M | 1.2% | +59.9% |
| TOI ONCOLOGY INSTITUTE INC/THE | Healthcare | 499.2K | $1.5M | 0.8% | +30.4% |
| SLDP SOLID POWER INC | Technology | 477.1K | $1.4M | 0.8% | Held |
| XGN EXAGEN INC | Healthcare | 439.9K | $1.3M | 0.7% | +61.2% |
| TASK TASKUS INC-A | Technology | 100.0K | $671K | 0.4% | Held |
| WW WW INTERNATIONAL INC-NEW | Services media | 41.7K | $572K | 0.3% | -31.0% |
| MOB MOBILICOM LTD/AUSTRALIA | Industrials | 20.0K | $103K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 24 | $196.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ANEW HOLDINGS | Feb 20, 2026 | 2 | $7.1M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 20 | $116.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 24 | $63.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 22 | $148.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 24 | $155.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 22 | $192.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 27 | $173.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 31 | $167.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR/ARESTATEMENT | May 16, 2024 | 34 | $156.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 35 | $158.9M | SEC ↗ |
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