DOSSIER · 13F-HR · Q4 2025

LSP Investment Advisors, LLC

LSP Investment's hedge fund based in Boston, MA $188M in tracked AUM across 21 positions as of Q4 2025.

LI
LSP Investment·Boston, MA·Hedge Fund
CIK 0001728850 · last filed Dec 31, 2025
Total AUM
$188M
17.4%
vs prior
Holdings
21
positions
Whale Score
61
61
tracked
Activity
no data
changes this Q
Top sector
Tech
6% weight
concentration
AI Analysis · Q4 2025 · Q4 2025

Portfolio Overview

LSP Investment Advisors, LLC manages a concentrated portfolio valued at approximately $98.43 million as of the report date September 30, 2025. This represents a significant contraction in portfolio value, decreasing by 29.4% from the previous quarter's $139.40 million. The portfolio consists of only 13 holdings, indicating a high-conviction strategy with minimal diversification. The reduction in asset value appears to be driven by a combination of active portf...

Quarter at a glance — Q4 2025

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q4 2025.

#HoldingValueSharesWeight
01
EXE
EXPAND ENERGY CORPORATION
$56M510K29.9%
02
EQT
EQT CORP
$41M765K21.8%
03
GPOR
GULFPORT ENERGY CORP
$23M109K12.1%
04
SPY
SPDR S&P 500 ETF TR
$12M18K6.6%
05
CRK
COMSTOCK RES INC
$10M410K5.1%
06
GOOG
ALPHABET INC
$7M21K3.6%
07
AR
ANTERO RESOURCES CORP
$7M190K3.5%
08
GDX
VANECK ETF TRUST
$6M71K3.2%
09
EEM
ISHARES TR
$6M109K3.2%
10
MSFT
MICROSOFT CORP
$4M8K2.1%

Filing history

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