13F Insight
DOSSIER · 13F-HR · Q2 2026

Kirkoswald Asset Management LLC

$1.2B in tracked AUM across 8 positions as of Q2 2026.

KA
CIK 0001795594 · last filed Jun 30, 2026
Total AUM
$1.2B
as of Q2 2026
Holdings
8
—
positions
Whale Score
79
79
strong
Activity
—
no data
changes this Q
AI Analysis · Q2 2026
Comprehensive Analysis of Kirkoswald Asset Management LLC 13F Filing
Portfolio Overview

The most striking feature of this filing is the dramatic contraction in portfolio size and the radical shift in investment strategy. As of the report date September 30, 2025, Kirkoswald Asset Management LLC’s total portfolio value stands at approximately $82.75 million. This represents a massive decrease of 92.2% compared to the previous quarter's value of $1.06 billion reported on June 30, 2025. Concur...

Key Holdings

The portfolio is currently entirely concentrated in a single position: Freeport-McMoRan Inc. (FCX). The firm holds 2.11 million shares of FCX, valued at $82.75 million, which accounts for 100.00% of the total portfolio assets. This represents an extreme conviction bet on the performance of this specific company. Freeport-McMoRan, a leading mining company focused on copper and gold, is the sole remaining vehicle for the firm's capital deployment at this time.

Sector Allocation

The sector allocation is now unequivocally focused on the Basic Materials sector, representing 100% of the portfolio. This is a significant departure from the previous quarter's composition, which included substantial exposure to broad market equities and emerging markets via ETFs. The firm has eliminated all diversification across sectors to focus exclusively on the commodities complex, specifically the industrial metals sector represented by FCX.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
AMZN
AMAZON COM INC
$1.0B4.3M84.3%02
EEM
ISHARES TR
$100M1.5M8.1%03
HYG
ISHARES TR
$53M660K4.3%04
ARGT
GLOBAL X FDS
$14M150K1.1%05
SMH
VANECK ETF TRUST
$13M20K1.1%06
VIST
VISTA ENERGY S.A.B. DE C.V.
$8M120K0.6%07
GDX
VANECK ETF TRUST
$6M75K0.5%

Filing history

2026Q2Jun 30
$1.2B▲ 23296.0%
8 positionsView →2026Q1Mar 31
$5M▼ 99.3%
2 positionsView →2025Q4Dec 31
$795M▲ 860.8%
7 positionsView →2025Q3Sep 30
$83M▼ 92.2%
1 positionsView →2025Q2Jun 30
$1.1B—
2 positionsLocked2025Q1Mar 31
$0▼ 100.0%
0 positionsLocked2024Q4Dec 31
$86M▼ 17.9%
5 positionsLocked2024Q3Sep 30
$105M▲ 479.9%
1 positionsLocked2024Q2Jun 30
$18M▼ 70.2%
4 positionsLocked2024Q1Mar 31
$61M—
3 positionsLocked2023Q4Dec 31
$0▼ 100.0%
0 positionsLocked2023Q3Sep 30
$4M▼ 25.9%
3 positionsLocked
Showing 12 of 25