Stocks/Funds/CIK 1607512

SEGRA CAPITAL MANAGEMENT, LLC

concentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1607512
Assets
$128M
-37.1% YoY
Holdings
6
Lifetime alpha vs market
+8.17% annual
Average hold time
1.1 yr
median 0.6 yr

Quarterly history

Cum return +108% vs S&P +52% · α +56% lifetimeAUM $128M · peak $310MFlow $87M (+231%)2021-122022-092023-062024-032024-122025-092026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+8.28%
adds when stocks drop
when a holding falls −10%+
Middle response
-3.06%
baseline attrition
Rally response
-6.39%
trims into rallies
when a holding rises +10%+

Top positions · 6

Ticker$ value% portYoYHold time
AMTMAmentum Holdings, Inc.$42M32.7%+43.3%0.8 yr
CEGConstellation Energy Cor$34M26.7%+39.2%0.5 yr
VSTVistra Corp.$25M19.3%+28.7%1.3 yr
GEVGE Vernova Inc.$13M10.2%+186.8%0.5 yr
$12M9.2%0.5 yr
URGUr-Energy Inc.$2M1.9%+121.0%3.0 yr

Portfolio composition (YoY)

Industry mix
Renewable Utilities36.9%+32.1pp$47M
Aerospace & Defense32.7%+21.3pp$42M
Independent Power Producers19.3%+12.5pp$25M
Unknown9.2%+6.5pp$12M
Uranium1.9%-72.4pp$2M
Country
US90.8%+49.9pp
Unknown9.2%+6.5pp
Top 5: 98.1% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %
URG$19M+0.02B121.0%
GEV$10M+0.02B186.8%
VST$14M+0.00B28.7%

Losers

TickerPrev $PnLYoY %

Top buys this quarter · 3

AMTM Amentum Holdings, Inc.+$26M
VST Vistra Corp.+$25M
CEG Constellation Energy Corporati+$16M

Top sells this quarter · 4

URG Ur-Energy Inc.$37M
GEV GE Vernova Inc.$10M
NXE NexGen Energy Ltd.exit$2M
$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$128M6+110.50%+17.59%+92.91%+0.09B
2025-12-31$38M3+39.50%+17.72%+21.78%-0.05B
2025-09-30$86M4+46.70%+17.52%+29.19%-0.31B
2025-06-30$310M8+16.52%+14.94%+1.58%+0.00B
2025-03-31$204M9-27.99%+8.30%-36.29%+0.06B
2024-12-31$194M7+7.42%+24.89%-17.47%-0.07B
2024-09-30$256M8+16.23%+36.04%-19.81%+0.14B
2024-06-30$109M4+51.19%+24.49%+26.70%-0.01B
2024-03-31$131M4+90.09%+29.62%+60.47%+0.02B
2023-12-31$103M3+61.29%+26.18%+35.11%-0.05B
2023-09-30$139M5+50.65%+21.57%+29.08%-0.09B
2023-06-30$172M5+31.11%+19.42%+11.68%+0.01B
2023-03-31$141M6-27.69%-7.82%-19.87%+0.01B
2022-12-31$136M5+3.40%+7.56%-4.16%+0.01B
2022-09-30$120M5+15.68%-4.93%+20.61%+0.02B
2022-06-30$90M7-35.07%-16.11%-18.96%+0.02B