Equal-WT
WhaleScore 2.0
?
Nokomis Capital is based out of Dallas. Nokomis Capital is a hedge fund with 2 clients and discretionary assets under management (AUM) of $641,299,648 (Form ADV from 2024-06-28). Their last reported 13F filing for Q2 2024 included $280,849,372 in managed 13F securities
and a top 10 holdings concentration of 57.28%. Nokomis Capital's largest holding is Applied Blockchain Inc with shares held of 5,612,385. Whalewisdom has at least 54 13F filings, 32 13D filings, 96 13G filings, and 18 Form 4 filings
Business Description
Nokomis Capital, L.L.C. is an investment services firm founded in October 2007, specializing in investment management for hedge funds and separately managed accounts for certain clients. The principal owner of the firm is Brett A. Hendrickson.
The firm tailors its advisory services to meet the needs and investment strategies of its clients, as outlined in the offering documents of feeder funds or managed account agreements. They do not participate in any wrap fee programs and manage $641,299,648 of client regulatory assets on a discretionary basis. They do not manage any client assets on a non-discretionary basis.
Investment Strategy
The firm utilizes a "value" and "growth at a reasonable price" investment style, with a contrarian view of the world. They focus on intensive company-specific and industry research, employing a strong bottom-up approach on both the long and short side. This long-term approach, combined with their thorough research, is believed to give them a competitive advantage. Their investment mix typically leans towards small-cap companies, as they believe these securities offer the greatest market inefficiencies.
The firm also employs a range of investment strategies, including investing in publicly traded equity securities, both long and short, as well as a broad array of other securities in public markets. They utilize a long/short strategy to both mitigate risk and maximize returns. They perform detailed analysis and modeling of individual companies against a backdrop of analysis of pricing trends for various markets.
Other Contact Information
(Subscription Required)
2024-06-30
Top Buys (13F)
| Name | % Change |
|---|---|
| APLD Applied Blockchain I | 5.26% |
| SLV BTC iShares Silver T (CALL) | 4.41% |
| GLD SSgA SPDR Gold Share (CALL) | 3.59% |
| MAG Mag Silver Corp | 3.54% |
| GFR Greenfire Resources | 2.24% |
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| SPY SPDR S&P 500 ETF TRU (PUT) | 6.3% |
| VST Vistra Energy Corp | 5.39% |
| OEC Orion Engineered Car | 4.1% |
| GSL Global Ship Lease In | 3.58% |
| FANG Diamondback Energy I | 1.92% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| APLD Applied Blockchain I | 11.89% |
| SPY SPDR S&P 500 ETF TRU(PUT) | 9.42% |
| GLD SSgA SPDR Gold Share(CALL) | 6.49% |
| SLV BTC iShares Silver T(CALL) | 5.34% |
| GDX VanEck Gold Miners E | 4.82% |
2024-06-30
13F Activity
| Market Value | $281m, Prior: $299m |
| Inflows (Outflows) as % of Total MV | (-12.6763)% |
| New Purchases | 5 stocks |
| Added To | 14 stocks |
| Sold out of | 1 stocks |
| Reduced holdings in | 25 stocks |
| Top 10 Holdings % | 57.28% |
| Turnover %[1] | 10.34% |
| Turnover Alt %[2] | 20.21% |
| Time Held Top 20 | 3.9 quarters |
| Time Held Top 10 | 3 quarters |
| Time Held All | 7.95 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-06-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-06-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30