RIVERSTONE HOLDINGS LLC

Fundamental diversified ★Signal CIK 1247497
Long book
$36.9M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
-14.4%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

RIVERSTONE HOLDINGS LLC is a diversified fundamental manager, running a $36.9M US long book across 4 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: PERMIAN RESOURCES CORP-CL A, SOLID POWER INC, DECARBONIZATION PLUS -CW23, CRESCENT ENERGY INC-A.

Over the last 9 quarters its long book ran on average 6.1pp 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
-7.6%
Q2 2024
-14.6%
Q3 2024
+7.1%
Q4 2024
-3.2%
Q1 2025
+0.3%
Q2 2025
-3.8%
Q3 2025
+16.7%
Q4 2025
+4.9%
Q1 2026
-14.4%

Sector allocation

Energy
60%
Technology
40%

Long book by quarter

$1.33B
Q1 2024
$755.1M
Q2 2024
$619.1M
Q3 2024
$633.7M
Q4 2024
$605.2M
Q1 2025
$545.9M
Q2 2025
$35.4M
Q3 2025
$37.8M
Q4 2025
$36.9M
Q1 2026

What does RIVERSTONE HOLDINGS own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
PR PERMIAN RESOURCES CORP-CL AEnergy988.9K$21.1M57.1%Held
SLDP SOLID POWER INCTechnology4.7M$14.1M38.2%Held
CRGY CRESCENT ENERGY INC-AEnergy27.7K$374K1.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20264$36.9M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20264$37.8M canonicalSEC ↗
Q3 202513F-HRNov 13, 20254$35.4M canonicalSEC ↗
Q2 202513F-HRAug 7, 20254$545.9M canonicalSEC ↗
Q1 202513F-HRMay 8, 20255$605.2M canonicalSEC ↗
Q4 202413F-HRFeb 7, 20256$633.7M canonicalSEC ↗
Q3 202413F-HRNov 13, 20247$619.1M canonicalSEC ↗
Q2 202413F-HRAug 14, 20247$755.1M canonicalSEC ↗
Q1 202413F-HRMay 9, 20248$1.33B canonicalSEC ↗