Stocks/Funds/CIK 2011176

Pingora Partners LLC

long-term holder
Quarterly 13F filings · Latest period 2026-03-31 · CIK 2011176
Assets
$169M
+25.2% YoY
Holdings
186
Lifetime alpha vs market
-6.54% annual
Average hold time
2.2 yr
median 2.5 yr

Quarterly history

Cum return +21% vs S&P +41% · α -20% lifetimeAUM $169M · peak $169MFlow $-14M (-9%)2023-122024-062024-122025-062025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+2.84%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.37%
steady accumulation
Rally response
-1.45%
trims into rallies
when a holding rises +10%+

Top positions · 30

Ticker$ value% portYoYHold time
$47M27.7%2.5 yr
CRGYCrescent Energy Company$15M8.9%+26.2%2.5 yr
FIPFTAI Infrastructure Inc.$10M6.0%+11.8%2.5 yr
CTRACoterra Energy Inc.$5M2.9%+25.8%2.5 yr
BABAAlibaba Group Holding Li$4M2.7%-3.5%2.5 yr
TAT&T Inc.$4M2.2%+5.9%2.5 yr
DINOHF Sinclair Corporation$4M2.1%+98.2%2.5 yr
ETEnergy Transfer LP$3M1.9%+12.1%2.5 yr
BAThe Boeing Company$3M1.8%+16.7%2.5 yr
KRPKimbell Royalty Partners$3M1.7%+15.8%2.5 yr
XOMExxon Mobil Corporation$3M1.6%+47.6%2.5 yr
PFEPfizer Inc.$3M1.5%+18.8%2.5 yr
FCXFreeport-McMoRan Inc.$2M1.4%+57.4%2.5 yr
AAPLApple Inc.$2M1.3%+14.7%2.5 yr
METAMeta Platforms, Inc.$2M1.2%-0.4%2.5 yr

Portfolio composition (YoY)

Industry mix
Unknown28.2%+2.6pp$48M
Oil & Gas Exploration & Production15.9%-0.4pp$27M
Conglomerates6.2%+1.0pp$11M
Drug Manufacturers - General5.6%-0.1pp$9M
Oil & Gas Midstream4.2%-0.1pp$7M
Specialty Retail3.7%-1.1pp$6M
Oil & Gas Integrated2.9%+0.0pp$5M
Software - Infrastructure2.6%+0.4pp$4M
Telecommunications Services2.3%-0.8pp$4M
Oil & Gas Refining & Marketing2.1%+0.8pp$4M
Country
US66.9%-2.5pp
Unknown28.2%+2.6pp
CN2.7%-0.8pp
IE1.4%+1.2pp
GB0.6%-0.5pp
NL0.1%+0.0pp
TW0.0%-0.0pp
DK0.0%+0.0pp
Top 5: 48.2% · Top 10: 57.9% · Top 25: 75.9%

Winners

TickerPrev $PnLYoY %
CRGY$14M+0.00B26.2%
DINO$2M+0.00B98.2%
CTRA$4M+0.00B25.8%
XOM$2M+0.00B47.6%
FCX$1M+0.00B57.4%

Losers

TickerPrev $PnLYoY %
KHC$1M-0.00B-21.4%
BABA$5M-0.00B-3.5%
META$2M-0.00B-0.4%
ACN$0M-0.00B-35.6%
IBM$2M-0.00B-0.1%

Top buys this quarter · 15

COIN Coinbase Global, Inc.new+$2M
KRP Kimbell Royalty Partners, LP+$1M
FIP FTAI Infrastructure Inc.+$1M
ACN Accenture plc+$1M
KHC The Kraft Heinz Company+$1M
MDT Medtronic plc+$1M
OKTA Okta, Inc.+$0M
ORCL Oracle Corporation+$0M
HTZ Hertz Global Holdings, Inc.+$0M
CBRL Cracker Barrel Old Country Sto+$0M

Top sells this quarter · 15

BKD Brookdale Senior Living Inc.$1M
MU Micron Technology, Inc.$1M
CRGY Crescent Energy Company$10M
EXE Expand Energy Corporation$0M
CRM Salesforce, Inc.exit$0M
LLY Eli Lilly and Company$0M
TSM Taiwan Semiconductor Manufactu$0M
META Meta Platforms, Inc.$0M
MDLZ Mondelez International, Inc.$0M
INTC Intel Corporationexit$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$169M186+12.35%+17.59%-5.24%-0.01B
2025-12-31$164M204-9.97%+17.72%-27.68%+0.01B
2025-09-30$151M200-8.46%+17.52%-25.98%+0.01B
2025-06-30$134M204-6.11%+14.94%-21.06%+0.00B
2025-03-31$135M207-0.50%+8.30%-8.80%-0.00B
2024-12-31$153M224+19.84%+24.89%-5.05%+0.01B
2024-09-30$141M221+4.28%+5.75%-1.47%-0.01B
2024-06-30$141M231+3.72%+4.38%-0.65%-0.00B
2024-03-31$137M255+8.00%+10.39%-2.39%+0.01B
2023-12-31$113M159