Arkolith/Funds/Nokomis Capital, L.L.C.

Nokomis Capital, L.L.C.

CIK 1541055
Holdings as of Jun 30, 2026·disclosed Aug 21, 2026·~52-day 13F lag·13F-HR/AAmended
Active Filer

Nokomis Capital, L.L.C. holds a focused book of 48 stocks worth $272.6M as of Q2 2026 (disclosed Aug 21, 2026, a ~52-day 13F lag). This quarter they opened Oceanagold Corp and trimmed I-80 Gold Corp. Their largest long position is I-80 Gold Corp at 10% of the equity book. They also disclosed $17.1M in put options (a bearish bet) and $602K in call options (bullish), shown separately below and excluded from the equity book.

Opened
13
bought for the first time
Trimmed
29
sold some, still holds it
Sold out
4
exited the position entirely

Concentration

Top-heavy: focused book

Top 5 holdings
38%
Top 10 holdings
59%
Top 20 holdings
82%

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

Direct sector allocation

87% mapped to company sectors

Materials
43%
ETF / fund or unclassified
13%
Consumer Discretionary
13%
Energy
13%
Real Estate
9%
Industrials
5%
Financials
4%
Information Technology
0%

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

Funds with the most overlap

Other tracked managers holding the same core names as Nokomis Capital, L.L.C.

Manager / fundShared namesTheir $ in those
MORGAN STANLEY52 / 48$6.7B
UBS Group AG52 / 48$3.5B
ROYAL BANK OF CANADA51 / 48$2.8B
GOLDMAN SACHS GROUP INC49 / 48$5.6B
BANK OF AMERICA CORP /DE/46 / 48$4.0B
Ken Griffin46 / 48$3.2B
JPMORGAN CHASE & CO46 / 48$2.5B
SUSQUEHANNA INTERNATIONAL GROUP, LLP46 / 48$1.2B

Ranked by the share of each fund's own book sitting in the names it shares with Nokomis Capital, L.L.C.: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

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

48 positions
#SecurityValueShares% PortLast moveHistory
1I-80 Gold Corp
COM
$26.5M18.41M
9.7%
−17%
Reduced · −3.8M sh
2Coeur MNG Inc
COM NEW
$22.2M1.36M
8.2%
−18%
Reduced · −300K sh
3Oceanagold Corp
COM NEW
$18.5M736.8K
6.8%
New
New position
4Hudbay Minerals Inc
COM
$18.3M775.7K
6.7%
+71%
Added · +322K sh
5Lithia MTRS Inc
COM
$18.3M62.9K
6.7%
−16%
Reduced · −12K sh
6Beazer Homes USA Inc
COM NEW
$14.3M509.2K
5.2%
−15%
Reduced · −92K sh
7Antero Resources Corp
COM
$12.4M353.6K
4.6%
+28%
Added · +76K sh
8I-80 Gold Corp
*W EXP 11/16/202
$10.7M12.57M
3.9%
−2.2%
Reduced · −285K sh
9State STR SPDR Dow Jones Ind
UT SER 1
$9.8M18.8K
3.6%
−52%
Reduced · −20K sh
10Greenfire Res Ltd New
COM SHS
$9.1M1.61M
3.3%
−7.9%
Reduced · −139K sh
11Shoe Sta Group Inc
COM
$7.4M496.6K
2.7%
−7.7%
Reduced · −41K sh
12Integra Res Corp
COM
$7.1M3.15M
2.6%
−11%
Reduced · −389K sh
13Dakota Gold Corp
COM
$6.9M1.62M
2.5%
−19%
Reduced · −383K sh
14Sprott Asset Management LP
PHYSICAL PLATINU
$6.8M546.8K
2.5%
Held
15Nexgen Energy Ltd
COM
$6.6M700.8K
2.4%
−46%
Reduced · −596K sh
16Mayfair Gold Corp
COM NEW
$6.3M2.59M
2.3%
+6.0%
Added · +148K sh
17Apple Hospitality REIT Inc
COM NEW
$6.2M371.7K
2.3%
−8.2%
Reduced · −33K sh
18Service Pptys TR
COM SH BEN INT
$5.8M3.45M
2.1%
New
New position
19Ovintiv Inc
COM
$5.7M108.1K
2.1%
−18%
Reduced · −24K sh
20Amplify ETF TR
JR SILV MINE ETF
$5.6M215.1K
2.0%
Held
21Cenovus Energy Inc
COM
$4.2M167.3K
1.5%
−4.2%
Reduced · −7K sh
22Osisko Development Corp
COM NEW
$3.7M1.52M
1.4%
−24%
Reduced · −483K sh
23Caesars Entertainment Inc Ne
COM
$3.7M122.8K
1.4%
New
New position
24Maui LD & Pineapple Inc
COM
$3.1M175.6K
1.1%
−17%
Reduced · −37K sh
25Devon Energy Corp New
COM
$3.0M72.2K
1.1%
New
New position
26KKR Real Estate Fin TR Inc
COM
$3.0M435.6K
1.1%
−61%
Reduced · −684K sh
27Vizsla Silver Corp
COM NEW
$2.9M872.2K
1.1%
−17%
Reduced · −178K sh
28TPG Re Fin TR Inc
COM
$2.6M312.9K
1.0%
Held
29Acres Commercial Realty Corp
COM NEW
$2.6M145.8K
1.0%
−22%
Reduced · −42K sh
30Century Casinos Inc
COM
$2.2M1.75M
0.8%
−9.3%
Reduced · −179K sh
31Vaneck ETF Trust
JUNIOR GOLD MINE
$2.1M21.5K
0.8%
−15%
Reduced · −4K sh
32J Jill Inc
COM
$1.8M115.9K
0.7%
Held
33MGM Resorts International
COM
$1.8M38.3K
0.7%
−91%
Reduced · −381K sh
34Sprott Asset Management LP
PHYSICAL SILVER
$1.7M92.5K
0.6%
−78%
Reduced · −327K sh
35Blue Moon Metals Inc
COM
$1.6M244.9K
0.6%
Held
36Roman DBDR Acquisition Corp
ORD SHS CL A
$1.4M130.0K
0.5%
Held
37Alamos Gold Inc
COM CL A
$1.2M39.1K
0.4%
Held
38Applied Optoelectronics Inc
COM
$1.2M7.9K
0.4%
Held
39Sibanye Stillwater Ltd
SPONSORED ADR
$1.0M120.7K
0.4%
Held
40Perpetua Resources Corp
COM
$989K47.6K
0.4%
Held
41Crescent Energy Company
CL A COM
$903K91.9K
0.3%
−47%
Reduced · −83K sh
42Ark Restaurants Corp
COM
$549K93.8K
0.2%
−18%
Reduced · −21K sh
43Ishares Inc
MSCI BRAZIL ETF
$432K12.5K
0.2%
−20%
Reduced · −3K sh
44Otg Acquisition Corp. I
ORD CL A
$159K15.6K
0.1%
−90%
Reduced · −146K sh
45Osisko Development Corp
*W EXP 05/27/202
$60K1000.0K
0.0%
New
New position
46Otg Acquisition Corp. I
*W EXP 09/05/203
$33K80.8K
0.0%
Held
47Roman DBDR Acquisition Corp
*W EXP 10/31/203
$19K78.5K
0.0%
−53%
Reduced · −87K sh
48Mobix Labs Inc
*W EXP 12/21/202
$1K11.5K
0.0%
−62%
Reduced · −19K sh
Showing all 48 positions
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Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$17.1M
Call notional (bullish)$602K
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishAST SPACEMOBILE INCASTS$14.8M167K
PUT · bearishNVIDIA CORPNVDA$1.0M5K
PUT · bearishINVESCO QQQ TRUST SERIES 1QQQ$884K1K
CALL · bullishSPDR GOLD SHARESGLD$405K1K
PUT · bearishEOS ENERGY ENTERPRISES INCEOSE$290K49K
CALL · bullishVANECK JUNIOR GOLD MINERSGDXJ$197K2K
PUT · bearishSOUNDHOUND AI INC-ASOUN$114K18K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

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

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Aug 21, 202655$290.3M13F-HR/A
Q1 2026Mar 31, 2026May 15, 202655$348.6M13F-HR
Q4 2025Dec 31, 2025Feb 17, 202662$422.4M13F-HR
Q3 2025Sep 30, 2025Nov 14, 202559$375.7M13F-HR
Q2 2025Jun 30, 2025Aug 14, 202550$301.3M13F-HR
Amended / restated
  • Q2 2026 · filed Aug 14, 202613F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 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.