FEARNLEY ASSET MANAGEMENT AS
CIK 2056821 · View on SEC EDGAR ↗
- Portfolio value
- $278.1M
- Positions
- 16
- As of
- June 30, 2026
Portfolio value QoQ: -9.1% 13F does not disclose cash
- Top 10 holdings weight
- 86.84%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 16
- Effective number of positions
- 11.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 18.46% Est. buys $58,968,860 · sells $53,921,198
- New positions
- 2
- Increased
- 11
- Decreased
- 3
- Closed
- 5
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 100.0% · Options excluded: 0.0%
Sector breakdown
Full portfolio 16 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SM SM Energy Company Common Stock | $39,059,616 | 14.04% | 1,496,537 | $-4,266,927 | Up ×2 | ||
| AR Antero Resources Corporation Common Stock | $34,357,327 | 12.35% | 977,727 | $15,797,169 | Up ×1 | ||
| VTOL Bristow Group, Inc. Common Stock | $28,758,761 | 10.34% | 696,001 | $-1,316,532 | Up ×2 | ||
| PBR Petroleo Brasileiro S.A. Petrobras ADS | $27,116,480 | 9.75% | 1,678,000 | $-8,706,320 | Down ×1 | ||
| MTDR Matador Resources Company Common Stock | $25,671,546 | 9.23% | 515,700 | $-6,847,200 | Up ×1 | ||
| SBLK Star Bulk Carriers Corp. - Common Shares | $25,075,099 | 9.02% | 1,004,209 | $3,225,897 | Up ×2 | ||
| TNK Teekay Tankers Ltd. | $20,252,025 | 7.28% | 312,194 | $15,186,053 | Up ×1 | ||
| HAFN Hafnia Limited Common Shares | $14,594,635 | 5.25% | 2,234,107 | $-9,733,507 | Down ×1 | ||
| SB Safe Bulkers, Inc Common Stock ($0.001 par value) | $14,592,872 | 5.25% | 2,312,658 | $2,696,916 | Up ×2 | ||
| CMBT CMB.TECH NV Ordinary Shares | $12,060,373 | 4.34% | 862,071 | $3,196,050 | Up ×1 | ||
| EXE Expand Energy Corporation - Common Stock | $8,739,650 | 3.14% | 95,840 | $67,030 | Up ×1 | ||
| LPG Dorian LPG Ltd. Common Stock | $7,839,621 | 2.82% | 225,406 | $1,117,850 | Up ×1 | ||
| PAAS Pan American Silver Corp. Common Stock | $6,933,492 | 2.49% | 154,800 | $1,770,957 | Up ×2 | ||
| ECO Okeanis Eco Tankers Corp. Common Stock | $5,521,734 | 1.99% | 111,836 | $-6,727,498 | Down ×2 | ||
| PR Permian Resources Corporation Class A Common Stock | $4,641,161 | 1.67% | 252,100 | ||||
| ASC Ardmore Shipping Corporation Common Stock | $2,914,865 | 1.05% | 208,056 | Up ×1 | |||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| AR | Bought more | +540K | +$15.8M |
| TNK | Bought more | +243K | +$15.2M |
| HAFN | Trimmed | -929K | -$9.7M |
| PBR | Trimmed | -48K | -$8.7M |
| MTDR | Bought more | +1K | -$6.8M |
| ECO | Trimmed | -125K | -$6.7M |
| SM | Bought more | +107K | -$4.3M |
| SBLK | Bought more | +53K | +$3.2M |
| CMBT | Bought more | +161K | +$3.2M |
| SB | Bought more | +433K | +$2.7M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| RRC | March 31, 2026 | 508,430 | $17,927,242 | -9.9% |
| STNG | June 30, 2026 | 162,005 | $12,095,293 | 14.5% |
| FRO | June 30, 2026 | 278,079 | $9,747,950 | 27.2% |
| SLB | March 31, 2026 | 223,400 | $8,574,092 | 4.7% |
| PR | March 31, 2026 | 511,400 | $7,174,942 | 11.7% |
| TS | June 30, 2026 | 112,700 | $6,556,886 | -4.1% |
| SFL | June 30, 2026 | 605,682 | $6,535,309 | 25.0% |
| INSW | March 31, 2026 | 128,900 | $6,258,095 | 38.5% |
| BWLP | June 30, 2026 | 339,027 | $5,985,935 | 41.0% |
| TRMD | March 31, 2026 | 202,849 | $4,047,921 | 15.8% |