Equal-WT
WhaleScore 2.0
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SOURCEROCK GROUP LLC
DENVER CO
Investment Advisor
Hedge Fund
Sourcerock Group is based out of Denver. Sourcerock Group is a hedge fund with 8 clients and discretionary assets under management (AUM) of $2,061,417,797 (Form ADV from 2024-05-09). Their last reported 13F filing for Q3 2024 included $1,236,187,414 in managed 13F securities
and a top 10 holdings concentration of 72.22%. Sourcerock Group's largest holding is Antero Resources Corp with shares held of 6,124,656. Whalewisdom has at least 16 13F filings
Business Description
Sourcerock Group LLC is a Delaware limited liability company founded in January 2020 and is principally controlled by Christian Zann and Thiru Ramakrishnan. The company's principal place of business is located in Denver, Colorado. Sourcerock is a privately held limited liability company that provides discretionary investment management services.
Sourcerock invests in various sectors mainly through long and short investments in equities, but investments may also include fixed income securities, commodities, derivatives, and similar instruments. The company provides services to pooled investment vehicles organized as private investment funds (the “Sourcerock Funds”), sub-advised private funds and other pooled investment vehicles (together with the Sourcerock Funds, “Funds”). Sourcerock may offer similar management services to institutional clients through separately managed accounts (collectively with the Funds, “Clients”). Sourcerock does not provide financial planning services. More information about the company's investment strategy can be found in Item 8. A confidential private offering memorandum will be provided to each investor (each an “Investor”) with respect to the Sourcerock Funds.
Investment Strategy
Sourcerock's primary investment objective is capital appreciation, achieved through long and short investments in equities, fixed income securities, commodities, derivatives, and similar instruments. They focus on industry sectors that they believe will benefit from market dislocations.
Sourcerock employs a fundamental investment process that incorporates data-driven and macro trend analysis to generate company-specific investment insights. This process aims to identify winners and losers within a sector and construct a risk-adjusted portfolio that isolates company-specific factors. They seek to generate alpha by emphasizing idiosyncratic returns and risk in the portfolio while minimizing certain macro and/or broad market factors, including systemic, style, and commodity risk.
Owners
- RAMAKRISHNAN, THIRU, VENGADAM - MEMBER
- HALEY, ANDREW, MICHAEL - CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER
- ZANN, CHRISTIAN - MEMBER Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2024-09-30
Top Buys (13F)
Name | % Change |
---|---|
EQT EQT Corp | 2.98% |
FCX Freeport-McMoRan Inc | 2.97% |
TRP TC Energy Corp | 2.58% |
EXE Expand Energy Corp | 2.23% |
CRC California Resources | 1.64% |

2024-09-30
Top Sells (13F)
Name | % Change |
---|---|
XPRO Expro Group Holdings | 3.46% |
CHRD Chord Energy Corp | 3.28% |
SLB Schlumberger Ltd | 3.01% |
OII Oceaneering Internat | 2.2% |
OVV Ovintiv Inc | 1.82% |

2024-09-30
13F Holdings Summary
Name | $ Change |
---|---|
AR Antero Resources Cor | 14.19% |
EQT EQT Corp | 12.54% |
CIVI Civitas Resources In | 9.87% |
TALO Talos Energy Inc | 7.72% |
NE Noble Corp Plc | 7.18% |

2024-09-30
13F Activity
Market Value | $1.24b, Prior: $1.41b |
Inflows (Outflows) as % of Total MV | (-0.4411)% |
New Purchases | 10 stocks |
Added To | 12 stocks |
Sold out of | 10 stocks |
Reduced holdings in | 8 stocks |
Top 10 Holdings % | 72.22% |
Turnover %[1] | 45.45% |
Turnover Alt %[2] | 22.62% |
Time Held Top 20 | 4.15 quarters |
Time Held Top 10 | 5.3 quarters |
Time Held All | 3.85 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.

2024-09-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data

2024-09-30
Analysis

Top 20 equal-weighted holdings. Performance numbers calculated through 2024-09-30