DOSSIER · 13F-HR · Q4 2025

Pilgrim Global Advisors LLC

$540M in tracked AUM across 3 positions as of Q4 2025.

PG
CIK 0001963918 · last filed Dec 31, 2025
Total AUM
$540M
as of Q4 2025
Holdings
3
positions
Whale Score
69
69
tracked
Activity
no data
changes this Q
AI Analysis · Q4 2025
Portfolio Overview

Pilgrim Global Advisors LLC presents a highly concentrated, high-conviction investment portfolio with a distinct focus on the maritime and offshore energy sectors. As of the report date September 30, 2025, the firm manages approximately $514.95 million across a mere four holdings. This extreme concentration—where the top three positions account for over 93% of the total assets—indicates a strategy that prioritizes specific sector expertise over broad diversification. The p...

Key Holdings

The portfolio is dominated by three major maritime entities, with a smaller position in industrial offshore services:

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
Y62267409
NAVIOS MARITIME PARTNERS L P
$244M4.7M45.3%
02
SOC
SABLE OFFSHORE CORP
$164M18.2M30.4%
03
H8817H100
TRANSOCEAN LTD
$131M31.8M24.3%

Filing history

2025Q4Dec 31
$540M 4.8%
3 positionsView →
2025Q3Sep 30
$515M 8.9%
4 positionsView →
2025Q2Jun 30
$473M 10.7%
4 positionsLocked
2025Q1Mar 31
$530M 3.3%
4 positionsLocked
2024Q4Dec 31
$547M 16.2%
4 positionsLocked
2024Q3Sep 30
$653M 28.5%
5 positionsLocked
2024Q2Jun 30
$508M 10.0%
6 positionsLocked
2024Q1Mar 31
$462M 65.9%
7 positionsLocked
2023Q4Dec 31
$278M
6 positionsLocked