Arkolith/Funds/Fearnley Asset Management As

Fearnley Asset Management As

CIK 2056821
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Fearnley Asset Management As holds a focused book of 19 stocks worth $306.0M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Matador Resources Co and trimmed Antero Resources Corp. Their largest long position is SM Energy Co at 14% of the equity book.

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Use Arkolith to show FEARNLEY ASSET MANAGEMENT AS's latest
holdings, largest changes, and filing provenance.
Opened
3
new positions
Added to
9
existing
Trimmed
7
reduced
Sold out
5
exited

Concentration

Top-heavy: focused book

Top 5 holdings
54%
Top 10 holdings
79%
Top 20 holdings
100%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

100% mapped to company sectors

Industrials
51%
Energy
45%
Materials
4%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

19 positions
#SecurityValueShares% PortLast moveHistory
1SM Energy Company
COM
$43.3M1.39M
14.2%
+59%
Added · +514K sh
2Petroleo Brasileiro S A
SPONSORED ADR
$35.8M1.73M
11.7%
+16%
Added · +242K sh
3Matador Res Co
COM
$32.5M514.7K
10.6%
New
New position
4Bristow Group Inc
COM
$30.1M641.4K
9.8%
+39%
Added · +179K sh
5Hafnia Ltd
SHS
$24.3M3.16M
7.9%
+436%
Added · +2.6M sh
6Star Bulk Carriers Corp.
SHS PAR
$21.8M951.2K
7.1%
+65%
Added · +374K sh
7Antero Resources Corp
COM
$18.6M437.3K
6.1%
−39%
Reduced · −274K sh
8Okeanis Eco Tankers Cor
SHS
$12.2M236.4K
4.0%
−57%
Reduced · −319K sh
9Scorpio Tankers Inc
SHS
$12.1M162.0K
4.0%
New
New position
10Safe Bulkers Inc
COM
$11.9M1.88M
3.9%
+77%
Added · +819K sh
11Frontline PLC
COM
$9.7M278.1K
3.2%
−12%
Reduced · −39K sh
12Cmb.tech NV
SHS
$8.9M700.7K
2.9%
−34%
Reduced · −365K sh
13Expand Energy Corporation
COM
$8.7M79.0K
2.8%
−28%
Reduced · −31K sh
14Dorian LPG Ltd
SHS USD
$6.7M196.5K
2.2%
New
New position
15Tenaris S A
SPONSORED ADS
$6.6M112.7K
2.1%
+135%
Added · +65K sh
16SFL Corporation Ltd
SHS
$6.5M605.7K
2.1%
+82%
Added · +273K sh
17BW LPG Ltd
COM
$6.0M339.0K
2.0%
−18%
Reduced · −73K sh
18Pan Amern Silver Corp
COM
$5.2M94.5K
1.7%
+50%
Added · +32K sh
19Teekay Tankers Ltd
CL A
$5.1M69.1K
1.7%
−79%
Reduced · −266K sh
Showing all 19 positions

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202619$306.0M13F-HR
Q4 2025Dec 31, 2025Mar 3, 202621$217.9M13F-HR/A
Amended / restated
  • Q4 2025 · filed Feb 17, 202613F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.