Sir Capital Management Q2 2026 Portfolio Activity: Major Energy Buys & Select Sells
Sir Capital Management's portfolio saw significant changes in the second quarter of 2026, marked by substantial increases in holdings like Devon Energy and Permian Resources alongside notable decreases in positions such as Exxon Mobil.
As reported for the period ending June 30th, 2026 (Q2), Sir Capital Management, L.P. demonstrated active management of its portfolio through a mix of buying and selling activities. The firm's focus appears heavily weighted towards the Energy sector during this quarter.
Purchasing Activity: Sir Capital significantly increased its stake in several major energy companies. Notably, the investor bought shares in Exxon Mobil Corp (XOM), adding 565,295 shares to reach an 8.88% allocation. A substantial increase was also seen in Permian Resources Corp (PR), with a share rise of nearly 49%, boosting its portfolio weight considerably.
Furthermore, the investor made significant additions elsewhere within the Energy sector. These included purchases of Devon Energy Corp New (DVN), acquiring shares that increased its allocation to 8.31%. Significant buys also occurred in TENARIS S.A. (TS) and Teck Resources Ltd. (TECK), adding considerable weight to these holdings.
Selling Activity: The period was characterized by significant selling actions, particularly targeting energy sector stocks perceived as overrepresented or less aligned with current strategy. Sir Capital sold a large portion of its Antero Midstream Corp (AM) stake, reducing the allocation from 12.64% to just 1.22%. Similarly, holdings in Cenovus Energy Inc (CVE), Freeport-McMoRan Inc (FCX), and Halliburton Co (HAL) were substantially decreased.
Other notable sales included significant reductions in Antero Resources Corp (AR) shares (-33.66%) and Liberty Energy Inc (LBRT) shares (-72.24%). These exits, along with the substantial decrease in FCX, suggest a strategic shift away from certain energy sub-sectors or specific companies.
New Positions & Minor Changes: While not explicitly detailed as 'new' positions, some holdings like Kinetik Holdings Inc (KNTK), Kinder Morgan Inc Del (KMI), and Magnolia Oil & Gas Corp (MGY) showed positive share changes during the quarter. Conversely, several other stocks experienced minor or negative adjustments but were not classified as 'changed' holdings in this report.