Impala Asset Management LLC
CIK 1317679 · View on SEC EDGAR ↗
- Portfolio value
- $176.4M
- Positions
- 20
- As of
- June 30, 2026
#6,888 of 9,443 by 13F value · top 72.9%
Portfolio value QoQ: -17.8% 13F does not disclose cash
- Top 10 holdings weight
- 90.52%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 14
- Effective number of positions
- 7.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 27.19% Est. buys $53,147,935 · sells $65,960,085
Median holding: 1.0 quarters Tracked Q4 2024–Q2 2026 · 31.7% still held
- New positions
- 7
- Increased
- 8
- Decreased
- 5
- Closed
- 13
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.
- High-conviction bets The holdings this manager is most concentrated in.
- 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: 91.8% · Options excluded: 0.0%
Sector breakdown
Materials
63.9%
Retail
15.4%
Energy
9.7%
Industrials
1.5%
Consumer Discretionary
0.3%
Other/Unmapped
9.3%
Full portfolio 20 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| CENX Century Aluminum Company - Common Stock | $47,620,350 | 27.00% | 1,035,000 | $-9,602,400 | Up ×3 | ||
| ERO Ero Copper Corp. Common Shares | $31,201,438 | 17.69% | 1,169,000 | $3,809,847 | Up ×2 | ||
| BKE Buckle, Inc. (The) Common Stock | $17,386,400 | 9.86% | 412,000 | $-3,743,548 | Down ×1 | ||
| DOW Dow Inc. Common Stock | $14,692,320 | 8.33% | 537,000 | Up ×1 | |||
| TROX Tronox Holdings plc Ordinary Shares (UK) | $12,096,000 | 6.86% | 1,920,000 | $6,917,900 | Up ×1 | ||
| ANF Abercrombie & Fitch Company Common Stock | $9,780,307 | 5.55% | 108,658 | $3,658,517 | Up ×1 | ||
| SLB SLB Limited Common Shares | $8,600,650 | 4.88% | 185,000 | $517,825 | Up ×1 | ||
| AA Alcoa Corporation Common Stock | $7,038,900 | 3.99% | 135,000 | $-1,584,000 | Up ×1 | ||
| Unknown issuer (CUSIP: 156431908) | $6,901,500 | 3.91% | 150,000 | Up ×1 | |||
| Unknown issuer (CUSIP: G9087Q902) | $4,347,000 | 2.46% | 690,000 | $-7,066,314 | Down ×2 | ||
| DVN Devon Energy Corporation Common Stock | $3,718,800 | 2.11% | 90,000 | Up ×1 | |||
| FANG Diamondback Energy, Inc. - Common Stock | $3,339,820 | 1.89% | 19,000 | $1,361,920 | Up ×1 | ||
| Unknown issuer (CUSIP: 260557903) | $2,736,000 | 1.55% | 100,000 | Up ×1 | |||
| SBLK Star Bulk Carriers Corp. - Common Shares | $2,009,561 | 1.14% | 80,479 | $-746,839 | Down ×2 | ||
| DHT DHT Holdings, Inc. | $1,405,877 | 0.80% | 85,050 | $492,377 | Up ×1 | ||
| IE | $1,345,400 | 0.76% | 140,000 | Up ×1 | |||
| MLI Mueller Industries, Inc. Common Stock | $614,650 | 0.35% | 5,000 | $-1,047,350 | Down ×1 | ||
| Unknown issuer (CUSIP: 447011907) | $532,062 | 0.30% | 50,100 | $-5,470,748 | Down ×2 | ||
| VGZ | $525,250 | 0.30% | 275,000 | Up ×1 | |||
| VRA Vera Bradley, Inc. - Common Stock | $486,250 | 0.28% | 125,000 | ||||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| CENX | $47,620,350 | 27.00% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| CENX | Bought more | +60K | -$9.6M |
| — | Trimmed | -478K | -$7.1M |
| TROX | Bought more | +1.4M | +$6.9M |
| ERO | Bought more | +141K | +$3.8M |
| BKE | Trimmed | -8K | -$3.7M |
| ANF | Bought more | +42K | +$3.7M |
| AA | Bought more | +5K | -$1.6M |
| FANG | Bought more | +9K | +$1.4M |
| MLI | Trimmed | -10K | -$1.0M |
| SBLK | Trimmed | -40K | -$747K |
1 position hidden (data completeness check)
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 |
|---|---|---|---|---|
| ASO | Dec. 31, 2025 | 322,115 | $16,112,192 | -6.9% |
| TECK | Sept. 30, 2025 | 287,382 | $11,604,485 | 48.9% |
| ARCB | March 31, 2025 | 107,000 | $9,985,240 | 90.8% |
| WLK | Dec. 31, 2025 | 115,000 | $8,861,900 | 6.8% |
| EMN | June 30, 2026 | 115,000 | $8,776,800 | 11.9% |
| PPG | June 30, 2026 | 82,000 | $8,764,160 | -6.9% |
| WFG | June 30, 2025 | 113,900 | $8,749,610 | -5.0% |
| WHR | March 31, 2026 | 110,000 | $7,935,400 | -25.0% |
| CE | June 30, 2026 | 110,000 | $7,234,700 | 1.2% |
| HUN | June 30, 2026 | 540,000 | $7,187,400 | -3.9% |
| ANF | Dec. 31, 2025 | 81,500 | $6,972,325 | -17.0% |
| AA | March 31, 2025 | 177,800 | $6,717,284 | 63.1% |
| MT | June 30, 2026 | 110,887 | $5,670,815 | 15.5% |
| DKS | June 30, 2026 | 22,500 | $4,461,525 | -18.5% |
| AMR | March 31, 2026 | 22,000 | $4,397,360 | -5.9% |
| OLN | March 31, 2026 | 167,000 | $3,478,610 | -36.8% |
| UPS | Sept. 30, 2025 | 33,000 | $3,331,020 | 22.3% |
| KWR | March 31, 2025 | 23,000 | $3,237,480 | 33.0% |
| RIO | March 31, 2026 | 40,194 | $3,216,726 | 8.0% |
| SLB | Sept. 30, 2025 | 90,042 | $3,043,420 | 57.5% |
| WFG | June 30, 2026 | 44,826 | $2,930,226 | 2.9% |
| LBRT | March 31, 2025 | 146,561 | $2,915,098 | 27.6% |
| NGD | March 31, 2026 | 300,000 | $2,613,000 | No longer tracked |
| AEO | June 30, 2026 | 145,300 | $2,426,510 | -5.4% |
| VIK | Sept. 30, 2025 | 45,000 | $2,398,050 | 45.2% |
| LULU | June 30, 2026 | 15,000 | $2,296,500 | 3.0% |
| FLR | Dec. 31, 2025 | 50,718 | $2,133,706 | 35.4% |
| HAL | Dec. 31, 2025 | 85,000 | $2,091,000 | 27.4% |
| VALE | March 31, 2026 | 160,000 | $2,084,800 | -13.1% |
| FXI | Dec. 31, 2025 | 50,000 | $2,057,000 | No longer tracked |
| COP | Sept. 30, 2025 | 22,500 | $2,019,150 | 42.6% |
| TNA | June 30, 2025 | 68,200 | $1,995,532 | No longer tracked |
| ARCB | June 30, 2026 | 20,000 | $1,967,200 | -6.2% |
| SBLK | June 30, 2025 | 115,000 | $1,789,400 | 74.1% |
| CRC | June 30, 2026 | 25,000 | $1,730,500 | 4.0% |
| BLDR | June 30, 2026 | 20,000 | $1,646,600 | -21.5% |
| AMR | Sept. 30, 2025 | 14,000 | $1,574,720 | 17.7% |
| HY | March 31, 2026 | 50,000 | $1,485,500 | 1.6% |
| CVX | Sept. 30, 2025 | 10,000 | $1,431,900 | 33.9% |
| FLNC | March 31, 2026 | 60,000 | $1,186,800 | -15.8% |
| NTDOY | Dec. 31, 2025 | 55,000 | $1,173,700 | No longer tracked |
| NEU | Sept. 30, 2025 | 20,000 | $1,165,200 | 12.0% |
| MTN | June 30, 2025 | 7,000 | $1,120,140 | -2.5% |
| APA | June 30, 2026 | 25,000 | $1,061,000 | 37.0% |
| EWZ | Sept. 30, 2025 | 34,000 | $980,900 | No longer tracked |
| VRA | March 31, 2026 | 403,447 | $976,342 | -2.5% |
| HBM | Sept. 30, 2025 | 71,800 | $762,155 | 79.4% |
| FXI | June 30, 2025 | 20,000 | $716,800 | No longer tracked |
| PGEN | March 31, 2026 | 165,000 | $689,700 | 81.4% |
| CE | Dec. 31, 2025 | 15,000 | $631,200 | 10.1% |
| DNN | March 31, 2025 | 309,000 | $559,739 | No longer tracked |