OnyxPoint Global Management LP

Fundamental concentrated ★Highest signal energy specialist (84%) CIK 1961491
League rank
#1009
in Fundamental concentrated · #7441 overall
Long book
$236.2M
Q1 2026
Positions
15
Top-10 weight
95%
concentration
Last quarter
-9.9%
SPY +14.8%
Turnover
63%
of book per quarter

Strategy in plain words

auto-generated from filings

OnyxPoint Global Management LP is a concentrated fundamental stock-picker, specialised in energy (84% of the long book), running a $236.2M US long book across 15 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: PERMIAN RESOURCES CORP-CL A, TALEN ENERGY CORP, OCCIDENTAL PETROLEUM-CW27, CORE SCIENTIFIC INC, CHORD ENERGY CORP.

Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-7.4%
Q2 2024
-11.3%
Q3 2024
+9.7%
Q4 2024
-1.6%
Q1 2025
+9.8%
Q2 2025
+5.9%
Q3 2025
+1.9%
Q4 2025
+37.2%
Q1 2026
-9.9%

Sector allocation

Energy
84%
Utilities
7%
Financials
5%
Materials
2%
Industrials
2%

Long book by quarter

$187.3M
Q1 2024
$183.9M
Q2 2024
$186.3M
Q3 2024
$211.5M
Q4 2024
$183.3M
Q1 2025
$189.0M
Q2 2025
$185.6M
Q3 2025
$177.9M
Q4 2025
$236.2M
Q1 2026

What does OnyxPoint Global own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
PR PERMIAN RESOURCES CORP-CL AEnergy7.5M$160.8M68.1%-10.1%
TLN TALEN ENERGY CORPUtilities46.1K$14.7M6.2%-50.8%
CORZ CORE SCIENTIFIC INCFinancials593.6K$8.9M3.8%+252.0%
CHRD CHORD ENERGY CORPEnergy47.4K$6.7M2.9%-42.0%
EQT EQT CORPEnergy90.8K$5.8M2.4%New
PPTA PERPETUA RESOURCES CORPMaterials171.5K$4.8M2.0%New
PSIX POWER SOLUTIONS INTERNATIONAIndustrials77.9K$4.7M2.0%New
EXE EXPAND ENERGY CORPEnergy33.8K$3.7M1.6%New
LBRT LIBERTY ENERGY INCEnergy107.4K$3.1M1.3%New
RIOT RIOT PLATFORMS INCFinancials232.2K$2.9M1.2%Held
MTDR MATADOR RESOURCES COEnergy44.7K$2.8M1.2%New
APA APA CORPEnergy59.8K$2.5M1.1%New
TALO TALOS ENERGY INCEnergy143.5K$2.3M1.0%New
PUMP PROPETRO HOLDING CORPEnergy142.0K$2.0M0.9%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202629$424.4M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202638$359.2M canonicalSEC ↗
Q3 202513F-HRNov 14, 202529$801.1M canonicalSEC ↗
Q2 202513F-HRAug 14, 202527$610.2M canonicalSEC ↗
Q1 202513F-HRMay 15, 202527$702.8M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202527$262.9M canonicalSEC ↗
Q3 202413F-HRNov 14, 202420$242.1M canonicalSEC ↗
Q2 202413F-HRAug 14, 202415$399.5M canonicalSEC ↗
Q1 202413F-HRMay 15, 20249$188.8M canonicalSEC ↗