Hartree Partners, LP

Fundamental diversified ★Signal CIK 1597857
League rank
#934
in Fundamental diversified · #7409 overall
Long book
$461.3M
Q1 2026
Positions
114
Top-10 weight
49%
concentration
Last quarter
-5.9%
SPY +14.8%
Turnover
72%
of book per quarter

Strategy in plain words

auto-generated from filings

Hartree Partners, LP is a diversified fundamental manager, running a $461.3M US long book across 114 positions.

The portfolio is moderately concentrated (top 10 ≈ 49% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: STAR GROUP LP, VENTURE GLOBAL INC-CL A, OVINTIV INC, HUDSON TECHNOLOGIES INC, CHENIERE ENERGY INC.

Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 4 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
+6.0%
Q2 2024
+1.4%
Q3 2024
-1.1%
Q4 2024
-1.3%
Q1 2025
+4.2%
Q2 2025
+9.9%
Q3 2025
+1.7%
Q4 2025
+14.0%
Q1 2026
-5.9%

Sector allocation

Energy
27%
Consumer discretionary
19%
Industrials
16%
Utilities
16%
Materials
12%
Other
4%
Financials
4%
Consumer staples
1%

Long book by quarter

$384.9M
Q1 2024
$399.6M
Q2 2024
$348.1M
Q3 2024
$268.4M
Q4 2024
$276.3M
Q1 2025
$352.9M
Q2 2025
$288.0M
Q3 2025
$273.6M
Q4 2025
$461.3M
Q1 2026

What does Hartree Partners, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
SGU STAR GROUP LPConsumer discretionary3.4M$41.8M9.1%Held
VG VENTURE GLOBAL INC-CL AUtilities1.7M$27.4M5.9%New
OVV OVINTIV INCEnergy452.4K$26.9M5.8%-26.9%
HDSN HUDSON TECHNOLOGIES INCConsumer discretionary3.8M$22.3M4.8%Held
LNG CHENIERE ENERGY INCUtilities78.1K$22.2M4.8%+1851.7%
DVN DEVON ENERGY CORPEnergy430.4K$21.7M4.7%+669.9%
CVE CENOVUS ENERGY INCEnergy790.0K$20.9M4.5%+203.8%
GLP GLOBAL PARTNERS LPConsumer discretionary441.8K$18.6M4.0%-13.1%
TNK TEEKAY TANKERS LTD-CLASS AIndustrials185.5K$13.6M2.9%+25.0%
MEOH METHANEX CORPOther214.9K$12.8M2.8%New
CNR CORE NATURAL RESOURCES INCMaterials104.8K$11.0M2.4%New
IAG IAMGOLD CORPMaterials571.5K$10.8M2.3%+23.5%
OC OWENS CORNINGIndustrials98.7K$10.7M2.3%New
L LOEWS CORPFinancials92.9K$9.9M2.1%+45.4%
PDS PRECISION DRILLING CORPEnergy82.5K$8.1M1.8%Held
CHRD CHORD ENERGY CORPEnergy56.0K$8.0M1.7%+262.1%
ASC ARDMORE SHIPPING CORPIndustrials515.0K$7.9M1.7%New
PR PERMIAN RESOURCES CORP-CL AEnergy342.1K$7.3M1.6%New
NRG NRG ENERGY INCUtilities46.0K$6.7M1.5%New
SHMD SCHMID GROUP NVIndustrials1.2M$6.5M1.4%+20.4%
KGC KINROSS GOLD CORPMaterials191.0K$5.8M1.3%+247.3%
ZIM ZIM INTEGRATED SHIPPING SERVIndustrials200.0K$5.3M1.1%New
LAFA LAFAYETTE ACQUISITION CORPFinancials497.6K$5.0M1.1%New
SDRL SEADRILL LIMITEDEnergy107.3K$4.9M1.1%New
NVGS NAVIGATOR HOLDINGS LTDIndustrials241.5K$4.7M1.0%New
BTE BAYTEX ENERGY CORPEnergy1.0M$4.5M1.0%-43.3%
B BARRICK MINING CORPMaterials106.0K$4.3M0.9%-64.7%
FANG DIAMONDBACK ENERGY INCEnergy21.5K$4.3M0.9%New
VST VISTRA CORPUtilities26.5K$4.0M0.9%New
SBLK STAR BULK CARRIERS CORPIndustrials150.0K$3.4M0.7%New
CTRA COTERRA ENERGY INC94.0K$3.3M0.7%New
EXE EXPAND ENERGY CORPEnergy29.0K$3.2M0.7%-65.0%
VNOM VIPER ENERGY INC-CL AEnergy67.6K$3.2M0.7%New
AA ALCOA CORPIndustrials47.5K$3.2M0.7%New
EQX EQUINOX GOLD CORPMaterials204.0K$2.9M0.6%+38.5%
CENX CENTURY ALUMINUM COMPANYIndustrials50.0K$2.9M0.6%-76.9%
ET ENERGY TRANSFER LPUtilities150.0K$2.9M0.6%New
BMM BLUE MOON METALS INCMaterials420.0K$2.7M0.6%New
TLN TALEN ENERGY CORPUtilities7.5K$2.4M0.5%-46.4%
BG BUNGE GLOBAL SAConsumer staples17.0K$2.2M0.5%-66.7%
CDE COEUR MINING INCMaterials115.0K$2.2M0.5%+100.0%
CGAU CENTERRA GOLD INCMaterials120.0K$2.1M0.5%+14.3%
ADM ARCHER-DANIELS-MIDLAND COConsumer staples28.0K$2.0M0.4%New
SSRM SSR MINING INCFinancials60.0K$1.8M0.4%New
MPLX MPLX LPEnergy30.0K$1.7M0.4%New
TEN TSAKOS ENERGY NAVIGATION LTDIndustrials43.0K$1.7M0.4%New
MT ARCELORMITTAL-NY REGISTEREDIndustrials27.7K$1.4M0.3%+430.7%
STNG SCORPIO TANKERS INCIndustrials18.6K$1.4M0.3%New
NEWP NEW PACIFIC METALS CORPMaterials334.0K$1.4M0.3%New
TAC TRANSALTA CORPUtilities100.0K$1.3M0.3%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 12, 2026126$466.6M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202664$276.5M canonicalSEC ↗
Q3 202513F-HRNov 13, 202579$290.8M canonicalSEC ↗
Q2 202513F-HRAug 13, 202568$355.4M canonicalSEC ↗
Q1 202513F-HRMay 14, 202551$278.2M canonicalSEC ↗
Q4 202413F-HRFeb 12, 202564$270.2M canonicalSEC ↗
Q3 202413F-HRNov 13, 202470$435.9M canonicalSEC ↗
Q2 202413F-HRAug 14, 202469$400.0M canonicalSEC ↗
Q1 202413F-HRMay 2, 202456$385.9M canonicalSEC ↗