FEARNLEY ASSET MANAGEMENT AS — 13F Holdings

2026 Q1  ·  24 Positions

2026 Q1 Portfolio Activity

In 2026 Q1, FEARNLEY ASSET MANAGEMENT AS maintained a portfolio of 24 distinct positions. The most significant new addition was MATADOR RES CO, now representing 10.63% of the total fund value. They heavily accumulated shares in SM ENERGY COMPANY, increasing the position by 682.0%. Conversely, FEARNLEY ASSET MANAGEMENT AS completely exited their position in RANGE RES CORP.
Position History hover any row below to update
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FEARNLEY ASSET MANAGEMENT AS Oslo Institutional Asset Manager / Boutique AUM $306M
PCA Score Concentration Risk
Risk ENB
Total Positions
24
Quarter
2026 Q1
Top Holding
SM (14.2%)
Top 10 Concentration
79.3%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-24 of 24

FEARNLEY ASSET MANAGEMENT AS Full Holdings List — 2026 Q1

Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
SM
SM ENERGY COMPA...
Energy 14.16% 7.52% #1 6
Prev: #7
9.0 1,211,868 682.0%
P
S
1,389,562 $43,326,543
$29.56 +3.6%
$31.18 -1.8%
2025 Q4 13F Filing 2026-03-31 2026-05-15
PBR
PETROLEO BRASIL...
Energy 11.71% 8.07% #2 3
Prev: #5
8.5 1,326,805 332.0%
P
S
1,726,400 $35,822,800 2025 Q4 13F Filing 2026-03-31 2026-05-15
MTDR
MATADOR RES CO
Energy 10.63% #3
Prev: #—
8.5 514,700
NEW
514,700 $32,518,746 2026 Q1 13F Filing 2026-03-31 2026-05-15
VTOL
BRISTOW GROUP I...
Energy 9.83% 7.78% #4 2
Prev: #6
7.4 577,490 903.6%
P
S
641,401 $30,075,293 2025 Q4 13F Filing 2026-03-31 2026-05-15
HAFN
HAFNIA LTD
Industrials 7.95% 1.46% #5 14
Prev: #19
6.7 3,026,930 2225.3%
P
S
3,162,952 $24,328,142 2025 Q4 13F Filing 2026-03-31 2026-05-15
SBLK
STAR BULK CARRI...
Industrials 7.14% 5.09% #6 3
Prev: #9
5.9 770,054 425.1%
P
S
951,206 $21,849,202 2025 Q4 13F Filing 2026-03-31 2026-05-15
AR
ANTERO RESOURCE...
Energy 6.06% 11.25% #7 6
Prev: #1
5.4 240,779 122.5%
P
S
437,327 $18,560,158 2025 Q4 13F Filing 2026-03-31 2026-05-15
ECO
OKEANIS ECO TAN...
Industrials 4.00% 8.58% #8 6
Prev: #2
4.6 186,194 370.9%
P
S
236,394 $12,249,232 2025 Q4 13F Filing 2026-03-31 2026-05-15
STNG
SCORPIO TANKERS...
Energy 3.95% #9
Prev: #—
5.1 162,005
NEW
162,005 $12,095,293 2026 Q1 13F Filing 2026-03-31 2026-05-15
SB
SAFE BULKERS IN...
Industrials 3.89% 2.35% #10 6
Prev: #16
4.6 1,639,396 683.4%
P
S
1,879,298 $11,895,956 2025 Q4 13F Filing 2026-03-31 2026-05-15
FRO
FRONTLINE PLC
Energy 3.19% 3.21% #11 2
Prev: #13
4.3 206,333 287.6%
P
S
278,079 $9,747,950 2025 Q4 13F Filing 2026-03-31 2026-05-15
CMBT
CMB.TECH NV
Energy 2.90% 4.72% #12 2
Prev: #10
4.2 462,119 193.7%
P
S
700,737 $8,864,323 2025 Q4 13F Filing 2026-03-31 2026-05-15
EXE
EXPAND ENERGY C...
Energy 2.83% 5.57% #13 5
Prev: #8
4.1 63,815 420.3%
P
S
79,000 $8,672,620 2025 Q4 13F Filing 2026-03-31 2026-05-15
LPG
DORIAN LPG LTD
Energy 2.20% #14
Prev: #—
4.4 196,543
NEW
196,543 $6,721,771 2026 Q1 13F Filing 2026-03-31 2026-05-15
TS
TENARIS S A
Energy 2.14% 0.85% #15 6
Prev: #21
3.9 64,700 134.8%
P
S
112,700 $6,556,886 2025 Q4 13F Filing 2026-03-31 2026-05-15
SFL
SFL CORPORATION...
Industrials 2.14% 1.19% #16 4
Prev: #20
3.9 526,482 664.8%
P
S
605,682 $6,535,309 2025 Q4 13F Filing 2026-03-31 2026-05-15
BWLP
BW LPG LTD
Industrials 1.96% 2.47% #17 2
Prev: #15
3.8 245,598 262.9%
P
S
339,027 $5,985,935 2025 Q4 13F Filing 2026-03-31 2026-05-15
PAAS
PAN AMERN SILVE...
Basic Materials 1.69% 1.50% #18
Prev: #18
3.7 88,782 1552.7%
P
S
94,500 $5,162,535 2025 Q4 13F Filing 2026-03-31 2026-05-15
TNK
TEEKAY TANKERS ...
Energy 1.66% 8.21% #19 15
Prev: #4
3.7 43,891 174.1%
P
S
69,094 $5,065,972 2025 Q4 13F Filing 2026-03-31 2026-05-15
TRMD
TORM PLC
Energy 0.00% 1.86%
Sold All 😨
(Was: #17)
0.0 -52,718 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-15
INSW
INTERNATIONAL S...
Energy 0.00% 2.87%
Sold All 😨
(Was: #14)
0.0 -39,200 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-15
PR
PERMIAN RESOURC...
Energy 0.00% 3.29%
Sold All 😨
(Was: #12)
0.0 -49,772 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-15
SLB
SLB LIMITED
Energy 0.00% 3.94%
Sold All 😨
(Was: #11)
0.0 -30,182 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-15
RRC
RANGE RES CORP
Energy 0.00% 8.23%
Sold All 😨
(Was: #3)
0.0 -144,142 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-15
Showing 1-24 of 24 holdings

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