Castleark Alternatives 13F annual report
Castleark Alternatives is an investment fund managing more than $11.1 million ran by James Castellini. There are currently 28 companies in Mr. Castellini’s portfolio. The largest investments include Proshares Tr and Southwestern, together worth $2.54 million.
$11.1 million Assets Under Management (AUM)
As of 11th November 2022, Castleark Alternatives’s top holding is 95,000 shares of Proshares Tr currently worth over $1.84 million and making up 16.5% of the portfolio value.
In addition, the fund holds 115,700 shares of Southwestern worth $708 thousand, whose value fell 3.9% in the past six months.
The third-largest holding is EQT Corp worth $656 thousand and the next is Cheniere worth $567 thousand, with 3,420 shares owned.
Currently, Castleark Alternatives's portfolio is worth at least $11.1 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.
Careers at Castleark Alternatives
The Castleark Alternatives office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, James Castellini serves as the Chief Legal Officer at Castleark Alternatives.
Recent trades
In the most recent 13F filing, Castleark Alternatives revealed that it had opened a new position in
Valero and bought 4,260 shares worth $455 thousand.
This means they effectively own approximately 0.1% of the company.
Valero makes up
7.3%
of the fund's Energy sector allocation and has grown its share price by 89.0% in the past year.
The investment fund also strengthened its position in Proshares Tr by buying
62,000 additional shares.
This makes their stake in Proshares Tr total 95,000 shares worth $1.84 million.
On the other hand, there are companies that Castleark Alternatives is getting rid of from its portfolio.
Castleark Alternatives closed its position in Baker Hughes Company on 18th November 2022.
It sold the previously owned 10,510 shares for $253 thousand.
James Castellini also disclosed a decreased stake in Coterra Inc by 0.2%.
This leaves the value of the investment at $442 thousand and 16,937 shares.
One of the smallest hedge funds
The two most similar investment funds to Castleark Alternatives are Qpula Trading Management L.P. and Falcon Point Capital. They manage $11.1 million and $11.1 million respectively.
James Castellini investment strategy
Castleark Alternatives’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Energy — making up 55.9% of
the total portfolio value.
The fund focuses on investments in the United States as
57.1% 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
39% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $37.7 billion.
The complete list of Castleark Alternatives trades based on 13F SEC filings
These positions were updated on November 18th 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 |
|---|---|---|---|
| Proshares Tr |
187.88%
95,000
|
$1,835,000 | 16.46% |
| Southwestern Energy Company |
134.64%
115,700
|
$708,000 | 6.35% |
| EQT Corp |
28.31%
16,090
|
$656,000 | 5.88% |
| Cheniere Energy Inc. |
28.09%
3,420
|
$567,000 | 5.09% |
| Marathon Pete Corp |
27.20%
5,051
|
$502,000 | 4.50% |
| Conocophillips |
25.59%
4,810
|
$492,000 | 4.41% |
| Valero Energy Corp. |
Opened
4,260
|
$455,000 | 4.08% |
| Coterra Energy Inc |
22.72%
16,937
|
$442,000 | 3.96% |
| Schlumberger Ltd |
Opened
12,280
|
$441,000 | 3.96% |
| Matador Res Co |
22.90%
8,910
|
$436,000 | 3.91% |
| Devon Energy Corp. |
4.43%
7,120
|
$428,000 | 3.84% |
| Antero Resources Corp |
27.76%
13,210
|
$403,000 | 3.61% |
| Patterson-UTI Energy Inc |
Opened
33,250
|
$388,000 | 3.48% |
| Magnolia Oil & Gas Corp |
28.86%
19,290
|
$382,000 | 3.43% |
| Occidental Pete Corp |
6.86%
6,110
|
$375,000 | 3.36% |
| Chevron Corp. |
4.08%
2,350
|
$338,000 | 3.03% |
| Helmerich & Payne, Inc. |
22.61%
8,840
|
$327,000 | 2.93% |
| PDC Energy Inc |
27.14%
5,200
|
$301,000 | 2.70% |
| Halliburton Co. |
Opened
12,050
|
$297,000 | 2.66% |
| Baker Hughes Company |
Closed
10,510
|
$253,000 | |
| Continental Res Inc |
Closed
5,530
|
$248,000 | |
| UBS AG London Branch |
50.00%
15,000
|
$204,000 | 1.83% |
| Marathon Oil Corporation |
53.24%
8,985
|
$203,000 | 1.82% |
| Delek Us Hldgs Inc New |
Opened
7,460
|
$202,000 | 1.81% |
| Chart Inds Inc |
Closed
1,220
|
$195,000 | |
| Eog Res Inc |
52.42%
1,507
|
$168,000 | 1.51% |
| Range Res Corp |
47.97%
6,420
|
$162,000 | 1.45% |
| Diamondback Energy Inc |
52.90%
1,300
|
$157,000 | 1.41% |
| Pioneer Nat Res Co |
70.83%
453
|
$98,000 | 0.88% |
| Tenaris S.A. |
70.11%
3,730
|
$96,000 | 0.86% |
| Liberty Energy Inc |
66.03%
6,764
|
$86,000 | 0.77% |
| No transactions found | |||
| Showing first 500 out of 31 holdings | |||
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