Thrc Management is an investment fund managing more than $557 million ran by Mathew Wilks. There are currently 23 companies in Mr. Wilks’s portfolio. The largest investments include Diamondback Inc and Propetro Hldg Corp, together worth $159 million.
As of 9th March 2022, Thrc Management’s top holding is 802,341 shares of Diamondback Inc currently worth over $86.5 million and making up 15.5% of the portfolio value.
Relative to the number of outstanding shares of Diamondback Inc, Thrc Management owns more than approximately 0.1% of the company.
In addition, the fund holds 8,980,951 shares of Propetro Hldg Corp worth $72.7 million.
The third-largest holding is FTS International worth $72.2 million and the next is NexTier Oilfield Solutions Inc worth $72.2 million, with 20,330,724 shares owned.
Currently, Thrc Management's portfolio is worth at least $557 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Thrc Management office and employees reside in Cisco, Texas. According to the last 13-F report filed with the SEC, Mathew Wilks serves as the Attorney-in-fact at Thrc Management.
In the most recent 13F filing, Thrc Management revealed that it had opened a new position in Diamondback Inc and bought 802,341 shares worth $86.5 million.
The two most similar investment funds to Thrc Management are Kopernik Global All-cap Fund, L.P. and Peconic Partners. They manage $557 million and $557 million respectively.
Thrc Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Energy — making up 41.4% of
the total portfolio value.
The fund focuses on investments in the United States as
39.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
17% of the total holdings value.
On the other hand, small-cap stocks make up only 4.3% of the portfolio.
The average market cap of the portfolio companies is close to $103 billion.
These positions were updated on March 16th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Diamondback Energy Inc |
Opened
802,341
|
$86,532,000 | 15.53% |
| Propetro Hldg Corp |
Opened
8,980,951
|
$72,746,000 | 13.06% |
| FTS International Inc. |
Opened
2,750,000
|
$72,188,000 | 12.96% |
| NexTier Oilfield Solutions Inc |
Opened
20,330,724
|
$72,174,000 | 12.96% |
| Matador Res Co |
Opened
1,573,256
|
$58,085,000 | 10.43% |
| Liberty Oilfield Svcs Inc |
Opened
5,719,239
|
$55,477,000 | 9.96% |
| Triumph Bancorp, Inc. |
Opened
152,996
|
$18,219,000 | 3.27% |
| Berkshire Hathaway Inc. |
Opened
40
|
$18,026,000 | 3.24% |
| Solaris Oilfield Infrastruct |
Opened
2,730,744
|
$17,886,000 | 3.21% |
| WEX Inc |
Opened
100,000
|
$14,039,000 | 2.52% |
| Texas Pacific Land Corporati |
Opened
11,000
|
$13,738,000 | 2.47% |
| Cleceland-cliffs Inc New |
Opened
600,000
|
$13,062,000 | 2.34% |
| Texas Cap Bancshares Inc |
Opened
134,709
|
$8,116,000 | 1.46% |
| Select Energy Svcs Inc |
Opened
1,216,124
|
$7,576,000 | 1.36% |
| Old Dominion Freight Line In |
Opened
20,000
|
$7,168,000 | 1.29% |
| Comstock Res Inc |
Opened
750,000
|
$6,068,000 | 1.09% |
| Weyerhaeuser Co Mtn Be |
Opened
129,657
|
$5,339,000 | 0.96% |
| Caterpillar Inc. |
Opened
20,000
|
$4,135,000 | 0.74% |
| Spdr Ser Tr |
Opened
57,602
|
$2,847,000 | 0.51% |
| Autozone Inc. |
Opened
100
|
$2,096,000 | 0.38% |
| Smart Sand Inc |
Opened
445,430
|
$793,000 | 0.14% |
| Dycom Inds Inc |
Opened
7,400
|
$694,000 | 0.12% |
| Us Well Services Inc |
Opened
57,403
|
$66,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||