HATCH COVE CAPITAL, LLC
Long book
$262.1M
Q1 2026
Positions
19
Top-10 weight
70%
concentration
Last quarter
-14.9%
SPY +14.8%
Turnover
63%
of book per quarter
Strategy in plain words
auto-generated from filingsHATCH COVE CAPITAL, LLC is a concentrated fundamental stock-picker, running a $262.1M US long book across 19 positions.
The portfolio is concentrated: the top 10 names carry 70% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: CENTERRA GOLD INC, PETROLEO BRASILEIRO-SPON ADR, EXXON MOBIL CORP, VIPER ENERGY INC-CL A, ROYAL GOLD INC.
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
Q4 2025
+10.6%
Q1 2026
-14.9%
Sector allocation
Materials 58%
Energy 23%
Financials 8%
Other 8%
Real estate 2%
Industrials 1%
Long book by quarter
What does HATCH COVE own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| CGAU CENTERRA GOLD INC | Materials | 1.3M | $22.2M | 8.5% | -0.2% |
| XOM EXXON MOBIL CORP | Energy | 117.9K | $20.0M | 7.6% | +153.5% |
| VNOM VIPER ENERGY INC-CL A | Energy | 404.0K | $19.0M | 7.2% | New |
| RGLD ROYAL GOLD INC | Financials | 73.0K | $18.6M | 7.1% | +2.8% |
| UDM TASEKO MINES LTD | — | 2.9M | $18.5M | 7.0% | +9.7% |
| AGI ALAMOS GOLD INC-CLASS A | Materials | 377.6K | $16.8M | 6.4% | -3.8% |
| AEM AGNICO EAGLE MINES LTD | Materials | 81.3K | $16.5M | 6.3% | -8.0% |
| COP CONOCOPHILLIPS | Energy | 122.5K | $16.2M | 6.2% | New |
| WPM WHEATON PRECIOUS METALS CORP | Materials | 119.8K | $15.7M | 6.0% | New |
| CDE COEUR MINING INC | Materials | 726.9K | $13.6M | 5.2% | -16.7% |
| PAAS PAN AMERICAN SILVER CORP | Materials | 245.4K | $13.4M | 5.1% | -31.5% |
| FNV FRANCO-NEVADA CORP | Materials | 52.1K | $12.9M | 4.9% | New |
| HL HECLA MINING CO | Materials | 529.6K | $9.9M | 3.8% | -46.6% |
| HUN HUNTSMAN CORP | Materials | 609.1K | $8.1M | 3.1% | New |
| EQX EQUINOX GOLD CORP | Materials | 506.0K | $7.3M | 2.8% | New |
| CXW CORECIVIC INC | Real estate | 275.8K | $5.2M | 2.0% | -59.3% |
| NKLR TERRA INNOVATUM GLOBAL NV | Industrials | 270.3K | $1.3M | 0.5% | +56.3% |
13F filing history
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