Hatch Cove Capital's Q2 2026 Investment Activity Analysis

According to the latest filing from Hatch Cove Capital, Llc (hatch-cove-capital-llc) as of June 30th, 2026, the investment firm demonstrated active buying and selling behavior during this quarter.

Significant Purchases This Quarter

Hatch Cove Capital significantly increased its holdings in several major stocks. The most notable purchases include:

• DBA (Invesco DB Multi-Sector Commodity) - A full 100% increase from the previous quarter, adding a substantial position.
• CVX - Also saw a complete 100% restatement in shares during Q2.
• CF (CF Industries Holdings) - Experienced a full percentage change increase, indicating new purchases.
• CVE - Showed a 100% increase in shares for the quarter.
• CNQ (Canadian Natural Resources) - Demonstrated a complete restatement with no change from prior period, suggesting new purchases were made while old ones were sold or vice versa, but overall position increased.

Their buying activity was concentrated within the Energy and Basic Materials sectors. In Energy, they bolstered positions in COP (ConocoPhillips), XOM (Exxon Mobil), and particularly through the commodity-linked ETFs represented by CANE and CORN. In Basic Materials, they added significant exposure via DBA (though listed as unknown sector), HUN (Huntsman Corporation), and OLN (Olin Corporation).

Sales and Exits This Quarter

Concurrently, Hatch Cove Capital reduced its positions in several holdings. The most significant decreases observed are:

• CGAU (Centerra Gold) - Shares decreased by 26.43%, a substantial reduction.
• AR (Antero Resources Corp) - Experienced an even more pronounced sell, with shares down 37.75% and changes noted in the 'change_in_shares_from_prior_period'.
• PBR (Petroleo Brasileiro S.A.) - Holdings saw a 15.18% reduction, though still significant at over 5 million shares.
• RGLD (Royal Gold) and WPM (Wheaton Precious Metals) - Both experienced near-total exits, with over 80% reduction in shares.

  Their selling activity primarily occurred within the Energy sector (CGAU, AR, PBR) and the Basic Materials sector (RGLD, WPM). These exits, combined with their purchases, resulted in a net change for these specific positions.

  Overall Portfolio Shifts

  Hatch Cove Capital's portfolio as of June 30th, 2026, totals $180.6 million according to the filing (see full report). The allocation breakdown shows:

  • Energy Sector: Dominating at 49.06% of the portfolio, following changes including additions and reductions.
  • Basic Materials Sector: Holding a substantial 27.04%, reflecting continued interest in this area alongside their purchases of DBA.
  • Unknown Sector Holdings: Representing 21.19% (including the multi-sector ETF DBA), indicating a significant portion remains unclassified or diversified.
  • Industrials Sector: Constituting only 2.71%, primarily through CXW (CoreCivic).

  The firm's holdings number 19 distinct positions, with the top five stocks accounting for approximately 33.75% of the total portfolio value (top5_weight_pct). The changes in share counts and percentages suggest a dynamic approach to managing their investments within these sectors.