Pingora Partners LLC

CIK 2011176 · View on SEC EDGAR ↗

Portfolio value
$171.3M
#6,967 of 9,443 by 13F value · top 73.8%
Positions
182
As of
June 30, 2026

Portfolio value QoQ: +1.5% 13F does not disclose cash

Top 10 holdings weight
56.53%
Top 25 holdings weight
75.52%
Positions above 1%
25
Effective number of positions
9.5

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 4.49% Est. buys $7,866,282 · sells $7,638,713

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 69.5% still held

New positions
6
Increased
25
Decreased
25
Closed
10
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+25.4%
S&P 500 total return (same window)
+28.1%
Excess return
-2.7%

Annualized: +16.3% · S&P 500: +18.0%

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: 97.6% · Options excluded: 0.0%

Sector breakdown

Industrials
40.2%
Energy
22.2%
Technology
8.6%
Healthcare
6.9%
Communication Services
4.2%
Retail
4.0%
Consumer Staples
2.7%
Materials
1.7%
Financials
1.7%
Telecommunication
1.6%
Communications
1.3%
Financial Services
1.0%
Consumer products
0.9%
Consumer Discretionary
0.7%
Utilities
0.3%
Real Estate
0.2%
Logistics & Transportation
0.1%
Other/Unmapped
1.8%

Full portfolio 182 positions

Type Streak 8Q trend
FTAI FTAI Aviation Ltd. - Common Stock $51,695,578 30.18% 191,090 $4,955,703 Up ×1
CRGY Crescent Energy Company Class A Common Stock $11,078,217 6.47% 1,128,128 $-3,996,545 Up ×1
FIP FTAI Infrastructure Inc. - Common Stock $9,716,406 5.67% 2,094,053 $-423,700 Up ×6
DVN Devon Energy Corporation Common Stock $4,574,331 2.67% 110,705 $3,779,728 Up ×1
DINO HF Sinclair Corporation Common Stock $3,892,042 2.27% 55,880 $305,865 Down ×1
BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share $3,439,827 2.01% 35,839 $-1,037,715 Up ×2
BA Boeing Company (The) Common Stock $3,215,012 1.88% 14,852 $254,043 Down ×1
KHC The Kraft Heinz Company - Common Stock $3,176,843 1.85% 134,498 $1,158,410 Up ×2
ET Energy Transfer LP Common Units $3,099,237 1.81% 162,094 $-29,177
KRP Kimbell Royalty Partners Common Units Representing Limited Partner Interests $2,927,446 1.71% 201,476 $12,088
T AT&T Inc. $2,695,658 1.57% 130,225 $-1,081,594 Down ×1
FCX Freeport-McMoRan, Inc. Common Stock $2,552,705 1.49% 40,590 $155,069 Down ×1
AAPL Apple Inc. - Common Stock $2,544,632 1.49% 8,794 $312,803
IBM International Business Machines Corporation Common Stock $2,269,365 1.33% 8,070 $313,278
XOM Exxon Mobil Corporation Common Stock $2,188,204 1.28% 16,005 $-527,204
TDAY USA TODAY Co., Inc. Common Stock $2,160,269 1.26% 252,663 $371,945 Down ×2
PFE Pfizer, Inc. Common Stock $2,155,401 1.26% 89,510 $-358,040
CSCO Cisco Systems, Inc. - Common Stock $2,154,804 1.26% 18,345 $692,620 Down ×1
MU Micron Technology, Inc. - Common Stock $2,119,276 1.24% 1,836 $1,483,799 Down ×4
SBSI Southside Bancshares, Inc. Common Stock $2,054,216 1.20% 58,375 $134,564 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $2,053,192 1.20% 3,645 $-32,222
BMY Bristol-Myers Squibb Company Common Stock $1,950,725 1.14% 33,855 $-102,581
LLY Eli Lilly and Company Common Stock $1,919,088 1.12% 1,600 $447,456
AMZN Amazon.com, Inc. - Common Stock $1,867,871 1.09% 7,837 $235,659
PVL Permianville Royalty Trust Units of Beneficial Interest $1,840,195 1.07% 1,088,873 $-167,395 Up ×4
MPLX MPLX LP Common Units Representing Limited Partner Interests $1,702,462 0.99% 30,223 $-22,365
KMI Kinder Morgan, Inc. Common Stock $1,702,403 0.99% 53,250 $-83,070
MRK Merck & Company, Inc. Common Stock (new) $1,654,952 0.97% 12,879 $105,737
MSFT Microsoft Corporation - Common Stock $1,342,126 0.78% 3,598 $10,254
AKAM Akamai Technologies, Inc. - Common Stock $1,333,645 0.78% 11,282 $-51,101 Down ×4
COIN Coinbase Global, Inc. - 3Class A Common Stock $1,325,943 0.77% 9,070 $-184,434 Up ×1
JNJ Johnson & Johnson Common Stock $1,264,517 0.74% 4,979 $47,450
PTEN Patterson-UTI Energy, Inc. - Common Stock $1,236,977 0.72% 134,747 $-297,060 Down ×2
AMD Advanced Micro Devices, Inc. - Common Stock $1,018,335 0.59% 1,753 $655,212 Down ×4
CVX Chevron Corporation Common Stock $1,008,152 0.59% 6,082 $-196,420 Up ×1
DIS Walt Disney Company (The) Common Stock $946,715 0.55% 9,836 $-9,471 Down ×6
ACN Accenture plc Class A Ordinary Shares (Ireland) $936,411 0.55% 7,525 $-456,576 Up ×2
GOOGL Alphabet Inc. - Class A Common Stock $911,294 0.53% 2,550 $178,016
MCD McDonald's Corporation Common Stock $900,673 0.53% 3,332 $-134,879
GIS General Mills, Inc. Common Stock $889,140 0.52% 25,550 $-34,288 Up ×4
INDA $887,044 0.52% 17,960 $466,889 Up ×1
OKTA Okta, Inc. - Class A Common Stock $876,009 0.51% 6,420 $370,691
GOOG Alphabet Inc. - Class C Capital Stock $851,525 0.50% 2,410 $160,192
CAT Caterpillar, Inc. Common Stock $798,675 0.47% 750 $267,330
SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) $788,582 0.46% 10,170 $-157,228
MDT Medtronic plc. Ordinary Shares $704,070 0.41% 9,000 $-75,780
ORCL Oracle Corporation Common Stock $688,785 0.40% 4,700 $4,723 Up ×2
NWL Newell Brands Inc. - Common Stock $602,088 0.35% 98,060 $497,689 Up ×1
BKD Brookdale Senior Living Inc. Common Stock $580,849 0.34% 36,100 $-75,791 Down ×5
PG Procter & Gamble Company (The) Common Stock $576,588 0.34% 3,932 $53,426 Up ×2
CWH Camping World Holdings, Inc. Class A Common Stock $499,002 0.29% 65,400 $183,456 Up ×6
NVDA NVIDIA Corporation - Common Stock $495,223 0.29% 2,475 $63,583
MLI Mueller Industries, Inc. Common Stock $491,720 0.29% 4,000 $48,520
AFL AFLAC Incorporated Common Stock $469,000 0.27% 4,000 $30,160
SJT San Juan Basin Royalty Trust Common Stock $433,533 0.25% 135,057 $-214,741
ABBV AbbVie Inc. Common Stock $429,046 0.25% 1,705 $58,226
CNDT Conduent Incorporated - Common Stock $424,907 0.25% 291,032 $367,409 Up ×1
NFE New Fortress Energy Inc. - Class A Common Stock $416,791 0.24% 1,147,868 $-229,476 Up ×2
BORR Borr Drilling Limited Common Shares $414,652 0.24% 100,400 $-164,656
AMLP $410,548 0.24% 7,918 $-3,097 Up ×1
HD Home Depot, Inc. (The) Common Stock $407,345 0.24% 1,155 $27,477
ADP Automatic Data Processing, Inc. - Common Stock $358,320 0.21% 1,600 $33,232
CI The Cigna Group Common Stock $330,816 0.19% 1,200 $10,716
BRKB $323,752 0.19% 647 $13,710
DSGR Distribution Solutions Group, Inc. - Common Stock $322,730 0.19% 11,800 $13,098
PEP PepsiCo, Inc. - Common Stock $322,658 0.19% 2,383 $-47,398
TGT Target Corporation Common Stock $286,167 0.17% 2,191 $-21,802 Down ×1
KMB Kimberly-Clark Corporation - Common Stock $274,425 0.16% 2,500 Up ×1
IYH $273,803 0.16% 4,086 $-27,370 Down ×3
PAA Plains All American Pipeline, L.P. - Common Units representing Limited Partner Interests $267,855 0.16% 12,033 $-842
PATH UiPath, Inc. Class A Common Stock $266,315 0.16% 24,500 $5,465 Up ×2
HTZ Hertz Global Holdings, Inc - Common Stock $232,616 0.14% 102,700 $-240,831
PSA Public Storage Common Stock $222,817 0.13% 700 $33,201
NEE NextEra Energy, Inc. Common Stock $219,425 0.13% 2,500 $-12,775
CBRL Cracker Barrel Old Country Store, Inc. - Common Stock $218,530 0.13% 4,100 $-308,533 Down ×1
UNP Union Pacific Corporation Common Stock $217,600 0.13% 800 $23,504
MDY $211,002 0.12% 300 $25,974
NOG Northern Oil and Gas, Inc. Common Stock $192,390 0.11% 10,600 $-117,448
PWR Quanta Services, Inc. Common Stock $190,091 0.11% 264 $36,914 Down ×2
DOCU DocuSign, Inc. - Common Stock $182,122 0.11% 4,100 $-21,741 Down ×1
MMM 3M Company Common Stock $178,101 0.10% 1,100 $18,348
TLT iShares 20+ Year Treasury Bond ETF $172,840 0.10% 2,000 $-540
METCB Ramaco Resources, Inc. - Class B Common Stock $172,471 0.10% 20,172 $-30,937 Up ×3
KO Coca-Cola Company (The) Common Stock $162,540 0.09% 2,000 $10,440
DE Deere & Company Common Stock $158,583 0.09% 250 $17,758
EMR Emerson Electric Company Common Stock $157,465 0.09% 1,100 $13,343
FDX FedEx Corporation Common Stock $156,565 0.09% 500 $-21,525
TJX TJX Companies, Inc. (The) Common Stock $156,045 0.09% 1,030 $-8,446
ABT Abbott Laboratories Common Stock $149,721 0.09% 1,650 $-19,685
BCDA BioCardia, Inc. - Common Stock $149,274 0.09% 120,382 $106,030 Up ×3
VNQ $144,645 0.08% 1,500 $11,595
PYPL PayPal Holdings, Inc. - Common Stock $135,283 0.08% 3,133 $-6,423
JPM JP Morgan Chase & Co. Common Stock $122,749 0.07% 375 $12,439
NET Cloudflare, Inc. Class A Common Stock $122,640 0.07% 500 $19,470
TGTX TG Therapeutics, Inc. - Common Stock $120,868 0.07% 2,200 $31,174 Down ×1
ASML ASML Holding N.V. - New York Registry Shares $119,366 0.07% 60 $40,116
METC Ramaco Resources, Inc. - Class A Common Stock $113,778 0.07% 8,600 $-19,178
TT Trane Technologies plc $112,967 0.07% 230 $17,117
PFG Principal Financial Group Inc - Common Stock $107,780 0.06% 1,000 $17,670
NFLX Netflix, Inc. - Common Stock $107,100 0.06% 1,500 $-37,125

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
FIP $9,716,406 5.67% up ×6
PVL $1,840,195 1.07% up ×4
GIS $889,140 0.52% up ×4
CWH $499,002 0.29% up ×6
METCB $172,471 0.10% up ×3
BCDA $149,274 0.09% up ×3
NVO $105,468 0.06% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
KMB $274,425 2,500 0.16%
Unknown issuer (CUSIP: 84615Q103) $104,737 613 0.06%
Unknown issuer (CUSIP: 438516205) $99,188 443 0.06%
Unknown issuer (CUSIP: 43849R105) $97,938 443 0.06%
Unknown issuer (CUSIP: 314352105) $37,750 250 0.02%
Unknown issuer (CUSIP: 31556C106) $29,230 1,000 0.02%

Top movers (QoQ)

Security Action Shares Δ Value Δ
FTAI Bought more +315 +$5.0M
CRGY Bought more +11K -$4.0M
MU Trimmed -45 +$1.5M
KHC Bought more +45K +$1.2M
T Trimmed -70 -$1.1M
BABA Bought more +150 -$1.0M
CSCO Trimmed -500 +$693K
AMD Trimmed -32 +$655K
XOM Price move only +0 -$527K
INDA Bought more +9K +$467K

2 positions 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.

SecurityQuarter Shares before Value before Price since exit
CTRA June 30, 2026 138,566 $4,869,209 No longer tracked
WBA Sept. 30, 2025 203,880 $2,340,542 No longer tracked
OKTA March 31, 2025 5,290 $416,852 32.6%
LUV March 31, 2025 7,390 $248,452 26.4%
CRM March 31, 2026 761 $201,597 8.1%
EXE March 31, 2025 2,013 $200,394 -13.3%
HON June 30, 2026 886 $200,263 0.8%
AAOI March 31, 2025 4,500 $165,870 732.6%
UNH March 31, 2025 310 $156,817 -24.6%
LVOXXXX Sept. 30, 2025 176,425 $133,183 No longer tracked
TSLA June 30, 2026 345 $128,254 -19.6%
BCS March 31, 2025 8,900 $118,281 77.1%
ALL March 31, 2025 500 $96,395 28.7%
SBUX Sept. 30, 2025 1,000 $91,630 27.4%
IWM March 31, 2025 400 $88,384 No longer tracked
HAL March 31, 2025 3,240 $88,096 38.6%
SLB March 31, 2025 2,160 $82,814 28.5%
ULXXXX Dec. 31, 2025 1,392 $82,518 No longer tracked
IEF March 31, 2026 800 $76,928
VOD Dec. 31, 2025 6,560 $76,096 22.6%
HLI March 31, 2025 400 $69,464 -18.9%
GOLD June 30, 2025 3,500 $68,040 102.1%
DELL June 30, 2026 400 $65,652 1.0%
HCA March 31, 2025 180 $54,027 21.7%
AAL June 30, 2026 5,000 $53,700 -22.6%
APD March 31, 2025 176 $51,047 3.3%
INTC March 31, 2026 1,130 $41,697 108.8%
FL June 30, 2025 2,800 $39,480 No longer tracked
CCJ March 31, 2025 700 $35,973 136.5%
LIN March 31, 2025 85 $35,587 3.5%
IWM Sept. 30, 2025 150 $32,369 No longer tracked
BP March 31, 2025 1,070 $31,629 30.4%
SPY Sept. 30, 2025 50 $30,893 No longer tracked
NCLH March 31, 2025 1,200 $30,876 -6.4%
RTX March 31, 2025 230 $26,616 70.3%
QCOM Dec. 31, 2025 150 $24,954 -5.4%
SNY June 30, 2026 515 $24,813 7.7%
EQIX June 30, 2026 25 $24,506 2.3%
CIVI March 31, 2026 900 $24,381 No longer tracked
SHOP March 31, 2026 150 $24,146 25.0%
KVUE March 31, 2025 1,000 $21,350 -20.9%
X June 30, 2025 500 $21,130 No longer tracked
USB March 31, 2026 335 $17,876 24.0%
FITB March 31, 2025 410 $17,335 45.2%
LMT June 30, 2025 30 $13,401 30.4%
WBD Sept. 30, 2025 1,155 $13,236 46.6%
PLD June 30, 2026 90 $11,896 4.2%
MPC March 31, 2025 80 $11,160 148.5%
SCYX June 30, 2026 12,000 $11,003 29.6%
IWS June 30, 2026 75 $10,931 No longer tracked
PODC Dec. 31, 2025 6,500 $10,920 11.7%
ASPSZ March 31, 2026 33,000 $10,890 -23.2%
CWST March 31, 2026 100 $9,794 15.3%
FNF March 31, 2025 165 $9,263 -21.9%
SO June 30, 2025 100 $9,195 0.9%
SSRM June 30, 2025 900 $9,022 167.4%
NOC March 31, 2025 19 $8,917 15.1%
ES June 30, 2025 140 $8,695 13.8%
ISRG March 31, 2026 15 $8,495 -12.7%
F March 31, 2025 810 $8,019 42.7%
UNM Dec. 31, 2025 100 $7,778 15.1%
IPG Dec. 31, 2025 240 $6,698 No longer tracked
OMC March 31, 2026 82 $6,622 15.4%
AWK March 31, 2026 50 $6,525 1.9%
PL Dec. 31, 2025 500 $6,490 13.1%
NNN March 31, 2025 155 $6,332 8.2%
WSO March 31, 2026 15 $5,054 -11.5%
GSK March 31, 2026 100 $4,904 -5.2%
PRPL Sept. 30, 2025 6,451 $4,704 523.1%
WHR Sept. 30, 2025 45 $4,564 -48.1%
MICC March 31, 2026 278 $4,406 30.7%
XLV March 31, 2026 25 $3,870 No longer tracked
IJR March 31, 2026 23 $2,764 No longer tracked
DUK March 31, 2025 25 $2,694 2.2%
XLE Sept. 30, 2025 29 $2,459 No longer tracked
SSYS March 31, 2026 200 $1,736 8.9%
DBRG March 31, 2026 109 $1,672 3.2%
BCRX March 31, 2026 200 $1,560 4.4%
TELFY March 31, 2026 200 $810 No longer tracked
BBBYWS March 31, 2026 830 $548 No longer tracked
APD March 31, 2026 1 $247 4.9%