Filed: 11/10/2025ACC: 0001863154-25-000004
📋 What this filing means
GOEHRING & ROZENCWAJG ASSOCIATES, LLC filed this quarterly 13F‑HR report disclosing 42 equity positions with a total reported market value of $830.88M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
42
Positions
$830.88M
Total AUM (reported)
40.02M
Total Shares
Allocation by class
COM$539.51M64.9%
CL A$93.93M11.3%
COM CL A$40.91M4.9%
COM NEW$37.99M4.6%
SPONSORED ADR$37.77M4.5%
ORD SHS A$30.59M3.7%
COM SHS$23.82M2.9%
Portfolio Concentration
Top 3$158.69M19.1%
4–10$282.95M34.1%
11–25$274.93M33.1%
Rest$114.30M13.8%
Top 3 weight
19.1%
Top 10 weight
53.2%
Voting Authority Distribution
Total shares with voting rights: 40.02M
Sole
Full voting authority
34.04M
shares
% of voting shares85.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
5.98M
shares
% of voting shares15.0%
Investment Discretion (by position count)
Sole42
Shared0
Other0
Dominant voting typeSole · 85.0% of voting shares
Institutional Holdings42
Rows:
CAMECO CORP
SOLEShares648.29K
TypeSH
Market value$54.37M
6.54%
Sole
545.51K
Shared
0.00
None
102.78K
RANGE RES CORP
SOLEShares1.41M
TypeSH
Market value$53.12M
6.39%
Sole
1.18M
Shared
0.00
None
230.36K
SEADRILL LTD
SOLEShares1.70M
TypeSH
Market value$51.21M
6.16%
Sole
1.43M
Shared
0.00
None
261.12K
CENTRUS ENERGY CORP
SOLEShares160.99K
TypeSH
Market value$49.92M
6.01%
Sole
136.32K
Shared
0.00
None
24.67K
NUTRIEN LTD
SOLEShares780.24K
TypeSH
Market value$45.81M
5.51%
Sole
662.11K
Shared
0.00
None
118.13K
VALARIS LTD
SOLEShares902.44K
TypeSH
Market value$44.01M
5.30%
Sole
790.44K
Shared
0.00
None
112K
ALAMOS GOLD INC NEW
SOLEShares1.17M
TypeSH
Market value$40.91M
4.92%
Sole
993.61K
Shared
0.00
None
179.81K
SIBANYE STILLWATER LTD
SOLEShares3.36M
TypeSH
Market value$37.77M
4.55%
Sole
2.84M
Shared
0.00
None
518.07K
EQT CORP
SOLEShares594.64K
TypeSH
Market value$32.37M
3.90%
Sole
496.17K
Shared
0.00
None
98.47K
CANADIAN NAT RES LTD
SOLEShares1M
TypeSH
Market value$32.18M
3.87%
Sole
987.12K
Shared
0.00
None
17.86K
NOBLE CORP PLC
SOLEShares1.08M
TypeSH
Market value$30.59M
3.68%
Sole
987.20K
Shared
0.00
None
94.44K
ANTERO RESOURCES CORP
SOLEShares823.95K
TypeSH
Market value$27.65M
3.33%
Sole
687.52K
Shared
0.00
None
136.43K
EQUINOX GOLD CORP
SOLEShares2.25M
TypeSH
Market value$25.29M
3.04%
Sole
1.90M
Shared
0.00
None
354.62K
CORE NATURAL RESOURCES INC
SOLEShares285.35K
TypeSH
Market value$23.82M
2.87%
Sole
276.35K
Shared
0.00
None
9K
URANIUM ENERGY CORP
SOLEShares1.73M
TypeSH
Market value$23.07M
2.78%
Sole
1.45M
Shared
0.00
None
274.35K
IVANHOE ELECTRIC INC
SOLEShares1.70M
TypeSH
Market value$21.30M
2.56%
Sole
1.44M
Shared
0.00
None
261.68K
ENERGY FUELS INC
SOLEShares1.17M
TypeSH
Market value$17.92M
2.16%
Sole
982.13K
Shared
0.00
None
185.21K
SKEENA RES LTD NEW
SOLEShares874.82K
TypeSH
Market value$16.13M
1.94%
Sole
737.16K
Shared
0.00
None
137.66K
MOSAIC CO NEW
SOLEShares428.21K
TypeSH
Market value$14.85M
1.79%
Sole
362.19K
Shared
0.00
None
66.02K
MATADOR RES CO
SOLEShares288.21K
TypeSH
Market value$12.95M
1.56%
Sole
240.49K
Shared
0.00
None
47.72K
NEXGEN ENERGY LTD
SOLEShares1.44M
TypeSH
Market value$12.91M
1.55%
Sole
1.21M
Shared
0.00
None
228.83K
ORLA MNG LTD NEW
SOLEShares1.18M
TypeSH
Market value$12.75M
1.53%
Sole
996.93K
Shared
0.00
None
185.78K
ALPHA METALLURGICAL RESOUR I
SOLEShares74.44K
TypeSH
Market value$12.21M
1.47%
Sole
72.09K
Shared
0.00
None
2.35K
EXPAND ENERGY CORPORATION
SOLEShares110.80K
TypeSH
Market value$11.77M
1.42%
Sole
92.46K
Shared
0.00
None
18.34K
HUDBAY MINERALS INC
SOLEShares773.56K
TypeSH
Market value$11.71M
1.41%
Sole
651.98K
Shared
0.00
None
121.58K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CAMECO CORPSOLE | COM | 648.29K | SH | $54.37M 6.54% | 545.51K | 0.00 | 102.78K |
RANGE RES CORPSOLE | COM | 1.41M | SH | $53.12M 6.39% | 1.18M | 0.00 | 230.36K |
SEADRILL LTDSOLE | COM | 1.70M | SH | $51.21M 6.16% | 1.43M | 0.00 | 261.12K |
CENTRUS ENERGY CORPSOLE | CL A | 160.99K | SH | $49.92M 6.01% | 136.32K | 0.00 | 24.67K |
NUTRIEN LTDSOLE | COM | 780.24K | SH | $45.81M 5.51% | 662.11K | 0.00 | 118.13K |
VALARIS LTDSOLE | CL A | 902.44K | SH | $44.01M 5.30% | 790.44K | 0.00 | 112K |
ALAMOS GOLD INC NEWSOLE | COM CL A | 1.17M | SH | $40.91M 4.92% | 993.61K | 0.00 | 179.81K |
SIBANYE STILLWATER LTDSOLE | SPONSORED ADR | 3.36M | SH | $37.77M 4.55% | 2.84M | 0.00 | 518.07K |
EQT CORPSOLE | COM | 594.64K | SH | $32.37M 3.90% | 496.17K | 0.00 | 98.47K |
CANADIAN NAT RES LTDSOLE | COM | 1M | SH | $32.18M 3.87% | 987.12K | 0.00 | 17.86K |
NOBLE CORP PLCSOLE | ORD SHS A | 1.08M | SH | $30.59M 3.68% | 987.20K | 0.00 | 94.44K |
ANTERO RESOURCES CORPSOLE | COM | 823.95K | SH | $27.65M 3.33% | 687.52K | 0.00 | 136.43K |
EQUINOX GOLD CORPSOLE | COM | 2.25M | SH | $25.29M 3.04% | 1.90M | 0.00 | 354.62K |
CORE NATURAL RESOURCES INCSOLE | COM SHS | 285.35K | SH | $23.82M 2.87% | 276.35K | 0.00 | 9K |
URANIUM ENERGY CORPSOLE | COM | 1.73M | SH | $23.07M 2.78% | 1.45M | 0.00 | 274.35K |
IVANHOE ELECTRIC INCSOLE | COM | 1.70M | SH | $21.30M 2.56% | 1.44M | 0.00 | 261.68K |
ENERGY FUELS INCSOLE | COM NEW | 1.17M | SH | $17.92M 2.16% | 982.13K | 0.00 | 185.21K |
SKEENA RES LTD NEWSOLE | COM | 874.82K | SH | $16.13M 1.94% | 737.16K | 0.00 | 137.66K |
MOSAIC CO NEWSOLE | COM | 428.21K | SH | $14.85M 1.79% | 362.19K | 0.00 | 66.02K |
MATADOR RES COSOLE | COM | 288.21K | SH | $12.95M 1.56% | 240.49K | 0.00 | 47.72K |
NEXGEN ENERGY LTDSOLE | COM | 1.44M | SH | $12.91M 1.55% | 1.21M | 0.00 | 228.83K |
ORLA MNG LTD NEWSOLE | COM | 1.18M | SH | $12.75M 1.53% | 996.93K | 0.00 | 185.78K |
ALPHA METALLURGICAL RESOUR ISOLE | COM | 74.44K | SH | $12.21M 1.47% | 72.09K | 0.00 | 2.35K |
EXPAND ENERGY CORPORATIONSOLE | COM | 110.80K | SH | $11.77M 1.42% | 92.46K | 0.00 | 18.34K |
HUDBAY MINERALS INCSOLE | COM | 773.56K | SH | $11.71M 1.41% | 651.98K | 0.00 | 121.58K |
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