Nokomis Capital, L.L.C.
Nokomis Capital, L.L.C., managed by Brett Allen Hendrickson, reported 47 positions worth $272.61M in its 2026 Q2 13F filing: 5 new and 4 closed.
Estimated return
Since 2025 Q2 the disclosed positions returned an estimated +60.6% against +34.4% for the S&P 500. Price-only return of the fund's top 100 US longs at each quarter start, vs the S&P 500 over the same windows. Not the fund's actual return (no trades, fees, shorts, derivatives, cash).
| Quarter | Fund | S&P 500 |
|---|---|---|
| 2025 Q2 | +13.6% | +11.4% |
| 2025 Q3 | +23.4% | +7.6% |
| 2025 Q4 | +13.3% | +3.1% |
| 2026 Q1 | +3.7% | -5.8% |
| 2026 Q2 | -2.5% | +15.5% |
Top holdings, 2026 Q2
| Ticker | Company | Value | Portfolio % | Change |
|---|---|---|---|---|
| IAUX | I-80 GOLD CORP | $37.20M | 13.60% | -2.2% |
| CDE | COEUR MNG INC | $22.23M | 8.20% | -18.1% |
| OGC | OCEANAGOLD CORP | $18.48M | 6.80% | NEW |
| HBM | HUDBAY MINERALS INC | $18.32M | 6.70% | +71% |
| LAD | LITHIA MTRS INC | $18.27M | 6.70% | -16.4% |
| BZH | BEAZER HOMES USA INC | $14.28M | 5.20% | -15.2% |
| AR | ANTERO RESOURCES CORP | $12.43M | 4.60% | +27.5% |
| DIA | STATE STR SPDR DOW JONES IND | $9.81M | 3.60% | -51.7% |
| GFR | GREENFIRE RES LTD NEW | $9.11M | 3.30% | -7.9% |
| SHOE | SHOE STA GROUP INC | $7.36M | 2.70% | -7.7% |
| ITRG | INTEGRA RES CORP | $7.14M | 2.60% | -11% |
| DC | DAKOTA GOLD CORP | $6.91M | 2.50% | -19.1% |
| SPPP | SPROTT ASSET MANAGEMENT LP | $6.81M | 2.50% | NO CHANGE |
| NXE | NEXGEN ENERGY LTD | $6.58M | 2.40% | -45.9% |
| MINE | MAYFAIR GOLD CORP | $6.35M | 2.30% | +6.1% |
| APLE | APPLE HOSPITALITY REIT INC | $6.25M | 2.30% | -8.2% |
| SVC | SERVICE PPTYS TR | $5.82M | 2.10% | NEW |
| OVV | OVINTIV INC | $5.69M | 2.10% | -18.3% |
| SILJ | AMPLIFY ETF TR | $5.58M | 2.00% | NO CHANGE |
| CVE | CENOVUS ENERGY INC | $4.15M | 1.50% | -4.2% |
| OGG | OSISKO DEVELOPMENT CORP | $3.73M | 1.40% | -24.1% |
| CZR | CAESARS ENTERTAINMENT INC NE | $3.71M | 1.40% | NEW |
| MLP | MAUI LD & PINEAPPLE INC | $3.12M | 1.10% | -17.3% |
| DVN | DEVON ENERGY CORP NEW | $2.98M | 1.10% | NEW |
| KREF | KKR REAL ESTATE FIN TR INC | $2.98M | 1.10% | -61.1% |
| VZLA | VIZSLA SILVER CORP | $2.88M | 1.10% | -17% |
| TRTX | TPG RE FIN TR INC | $2.62M | 0.96% | NO CHANGE |
| ACR | ACRES COMMERCIAL REALTY CORP | $2.59M | 0.95% | -22.2% |
| CNTY | CENTURY CASINOS INC | $2.24M | 0.82% | -9.3% |
| GDXJ | VANECK ETF TRUST | $2.11M | 0.78% | -15% |
| JILL | J JILL INC | $1.84M | 0.67% | NO CHANGE |
| MGM | MGM RESORTS INTERNATIONAL | $1.83M | 0.67% | -90.9% |
| PSLV | SPROTT ASSET MANAGEMENT LP | $1.75M | 0.64% | -77.9% |
| BMM | BLUE MOON METALS INC | $1.56M | 0.57% | NO CHANGE |
| DRDB | ROMAN DBDR ACQUISITION CORP | $1.37M | 0.50% | NO CHANGE |
| AGI | ALAMOS GOLD INC | $1.19M | 0.44% | NO CHANGE |
| AAOI | APPLIED OPTOELECTRONICS INC | $1.17M | 0.43% | NO CHANGE |
| SBSW | SIBANYE STILLWATER LTD | $1.02M | 0.38% | NO CHANGE |
| PPTA | PERPETUA RESOURCES CORP | $989.19K | 0.36% | NO CHANGE |
| CRGY | CRESCENT ENERGY COMPANY | $902.70K | 0.33% | -47.5% |
| ARKR | ARK RESTAURANTS CORP | $549.48K | 0.20% | -18.4% |
| EWZ | ISHARES INC | $432.08K | 0.16% | -19.7% |
| OTGA | OTG ACQUISITION CORP. I | $158.79K | 0.06% | -90.3% |
| OGGWZ | OSISKO DEVELOPMENT CORP | $60.20K | 0.02% | NEW |
| OTGAW | OTG ACQUISITION CORP. I | $33.21K | 0.01% | NO CHANGE |
| DRDBW | ROMAN DBDR ACQUISITION CORP | $19.30K | 0.00% | -52.5% |
| MOBXW | MOBIX LABS INC | $1.02K | 0.00% | -61.8% |
All funds · Hedge Fund Tracker
Source: SEC EDGAR 13F filings, reported as of quarter end and filed up to 45 days later. Not investment advice.