Nokomis Capital, L.L.C.
•CIK: 1541055•Filing: Q4 2025
**Nokomis Capital, L.L.C.** manages $401M across a diversified portfolio of 58 positions. The fund exhibits a notable allocation to commodities and precious metals, with IAU representing the largest holding at $33.4M. Further significant exposure includes DON ($25.1M), MGM ($23.7M), and HBM ($17.2M). This concentrated approach suggests a tactical focus on inflation-hedging and cyclical industrial assets.
Total AUM
$338.2M
+ $63.1M in options
QoQ Performance
+31.5%
Positions
44
+ 10 options
Top 10 Concentration
45.7%
Latest Filing
Q4 2025
Top Holdings Allocation
IAU
DON
MGM
IAU8.3%
DON6.3%
MGM5.9%
HBM4.3%
NGD4.1%
SLV3.8%
NXE3.7%
CDE3.2%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other98.0%
Technology2.0%
🚪 Exited Positionssold since Q3 2025
—
OTG ACQUISITION CORP. I
SOLD
$4.2M
+2 more exited positions
Changes from Q3 2025
NEW11 new positions
↑17 increased
↓12 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023