Condire Management, LP
Condire Management, LP is an SEC-registered investment adviser based in Dallas, Texas. The firm was founded in 2020 and manages assets for affiliated private pooled investment vehicles and other clients. With approximately 12 employees, Condire specializes in providing investment advice primarily to private funds and institutional clients.
Investment Strategy
Condire Management, LP manages a mix of equity and commodity-related investments, focusing primarily on value-oriented strategies within natural resources, energy, and industrial sectors. The firm's investment philosophy entails fundamental research and long-term holdings, with a concentration in publicly traded equities and trading accounts. Investment decisions are driven by in-depth analysis of sector cycles, company-specific fundamentals, and macroeconomic trends.
Top Holdings
Equity Positions (26)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NGD | NEW GOLD INC CDA | 23.34% | $162.1M | 32,739,918 | $1.95 | $4.95 | +$40.6M |
H HBM | HUDBAY MINERALS INC | 11.12% | $77.2M | 7,275,553 | $6.65 | $10.61 | +$29.6M |
C CHRD | CHORD ENERGY CORPORATION | 7.41% | $51.5M | 531,291 | $114.89 | $96.85 | -$8.4M |
V VAL | VALARIS LTD | 7.03% | $48.8M | 1,158,651 | $49.56 | $42.11 | -$63.7M |
I IAUX | I-80 GOLD CORP | 6.89% | $47.9M | 80,000,000 | $0.60 | $0.60 | +$47.9M |