Webs Creek Capital Management LP
Long book
$577.5M
Q1 2026
Positions
14
Top-10 weight
79%
concentration
Last quarter
-7.8%
SPY +14.8%
Turnover
54%
of book per quarter
Strategy in plain words
auto-generated from filingsWebs Creek Capital Management LP is a concentrated fundamental stock-picker, specialised in energy (80% of the long book), running a $577.5M US long book across 14 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: WEATHERFORD INTERNATIONAL PL, PERMIAN RESOURCES CORP-CL A, TALOS ENERGY INC, PATTERSON-UTI ENERGY INC, OVINTIV INC.
Over the last 9 quarters its long book ran on average 0.8pp 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
-1.1%
Q2 2024
-8.8%
Q3 2024
+10.4%
Q4 2024
-4.9%
Q1 2025
-2.2%
Q2 2025
+1.1%
Q3 2025
+8.0%
Q4 2025
+38.7%
Q1 2026
-7.8%
Sector allocation
Energy 73%
Industrials 14%
Other 9%
Utilities 5%
Long book by quarter
What does Webs Creek own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| 0WE WEATHERFORD INTERNATIONAL PL | — | 566.0K | $53.5M | 9.3% | -10.2% |
| PR PERMIAN RESOURCES CORP-CL A | Energy | 2.5M | $52.6M | 9.1% | -13.3% |
| TALO TALOS ENERGY INC | Energy | 3.0M | $47.8M | 8.3% | -8.2% |
| PTEN PATTERSON-UTI ENERGY INC | Energy | 4.4M | $47.4M | 8.2% | New |
| OVV OVINTIV INC | Energy | 775.2K | $46.0M | 8.0% | -40.5% |
| WHD CACTUS INC - A | Industrials | 959.2K | $45.4M | 7.9% | -24.1% |
| BTE BAYTEX ENERGY CORP | Energy | 9.2M | $41.3M | 7.2% | -8.6% |
| SDRL SEADRILL LIMITED | Energy | 896.9K | $40.8M | 7.1% | +2.5% |
| SM SM ENERGY CO | Energy | 1.3M | $40.1M | 6.9% | New |
| WTTR SELECT WATER SOLUTIONS INC | Energy | 2.6M | $39.4M | 6.8% | -17.8% |
| AR ANTERO RESOURCES CORP | Energy | 906.3K | $38.5M | 6.7% | -39.7% |
| MTZ MASTEC INC | Industrials | 101.6K | $32.7M | 5.7% | -49.7% |
| NRG NRG ENERGY INC | Utilities | 178.7K | $26.1M | 4.5% | New |
| XPRO EXPRO GROUP HOLDINGS NV | Energy | 1.5M | $25.8M | 4.5% | -11.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 14 | $577.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 21 | $558.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 18 | $479.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 18 | $465.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 17 | $441.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 14 | $414.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 13 | $280.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 14 | $294.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 11 | $247.4M | canonical | SEC ↗ |
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