Thrc Management 13F annual report

Thrc Management is an investment fund managing more than $557 million ran by Mathew Wilks. There are currently 23 companies in Mr. Wilks’s portfolio. The largest investments include Diamondback Inc and Propetro Hldg Corp, together worth $159 million.

$557 million Assets Under Management (AUM)

As of 9th March 2022, Thrc Management’s top holding is 802,341 shares of Diamondback Inc currently worth over $86.5 million and making up 15.5% of the portfolio value. Relative to the number of outstanding shares of Diamondback Inc, Thrc Management owns more than approximately 0.1% of the company. In addition, the fund holds 8,980,951 shares of Propetro Hldg Corp worth $72.7 million. The third-largest holding is FTS International worth $72.2 million and the next is NexTier Oilfield Solutions Inc worth $72.2 million, with 20,330,724 shares owned.

Currently, Thrc Management's portfolio is worth at least $557 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Thrc Management

The Thrc Management office and employees reside in Cisco, Texas. According to the last 13-F report filed with the SEC, Mathew Wilks serves as the Attorney-in-fact at Thrc Management.

Recent trades

In the most recent 13F filing, Thrc Management revealed that it had opened a new position in Diamondback Inc and bought 802,341 shares worth $86.5 million.

One of the average hedge funds

The two most similar investment funds to Thrc Management are Kopernik Global All-cap Fund, L.P. and Peconic Partners. They manage $557 million and $557 million respectively.

Mathew Wilks investment strategy

Thrc Management’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Energy — making up 41.4% of the total portfolio value. The fund focuses on investments in the United States as 39.1% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 17% of the total holdings value. On the other hand, small-cap stocks make up only 4.3% of the portfolio. The average market cap of the portfolio companies is close to $103 billion.

The complete list of Thrc Management trades based on 13F SEC filings

These positions were updated on March 16th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Diamondback Energy Inc	Opened 802,341	$86,532,000	15.53%
Propetro Hldg Corp	Opened 8,980,951	$72,746,000	13.06%
FTS International Inc.	Opened 2,750,000	$72,188,000	12.96%
NexTier Oilfield Solutions Inc	Opened 20,330,724	$72,174,000	12.96%
Matador Res Co	Opened 1,573,256	$58,085,000	10.43%
Liberty Oilfield Svcs Inc	Opened 5,719,239	$55,477,000	9.96%
Triumph Bancorp, Inc.	Opened 152,996	$18,219,000	3.27%
Berkshire Hathaway Inc.	Opened 40	$18,026,000	3.24%
Solaris Oilfield Infrastruct	Opened 2,730,744	$17,886,000	3.21%
WEX Inc	Opened 100,000	$14,039,000	2.52%
Texas Pacific Land Corporati	Opened 11,000	$13,738,000	2.47%
Cleceland-cliffs Inc New	Opened 600,000	$13,062,000	2.34%
Texas Cap Bancshares Inc	Opened 134,709	$8,116,000	1.46%
Select Energy Svcs Inc	Opened 1,216,124	$7,576,000	1.36%
Old Dominion Freight Line In	Opened 20,000	$7,168,000	1.29%
Comstock Res Inc	Opened 750,000	$6,068,000	1.09%
Weyerhaeuser Co Mtn Be	Opened 129,657	$5,339,000	0.96%
Caterpillar Inc.	Opened 20,000	$4,135,000	0.74%
Spdr Ser Tr	Opened 57,602	$2,847,000	0.51%
Autozone Inc.	Opened 100	$2,096,000	0.38%
Smart Sand Inc	Opened 445,430	$793,000	0.14%
Dycom Inds Inc	Opened 7,400	$694,000	0.12%
Us Well Services Inc	Opened 57,403	$66,000	0.01%
No transactions found
Showing first 500 out of 23 holdings