1y return+42.4%S&P 500 +20.9%
3y return+39.5%S&P 500 +68.5%
5y return+64.4%S&P 500 +74.5%
10y return+280.8%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $381 against $357 in the S&P 500.2
Impala Asset Management LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| CENXCentury Alum Co | $47.6M | 27.0% | +6.2% |
| EROEro Copper Corp | $31.2M | 17.7% | +13.7% |
| BKEBuckle Inc | $17.4M | 9.9% | −1.8% |
| DOWDow Hldgs Inc | $14.7M | 8.3% | New |
| Tronox Holdings PLCCUSIP G9087Q102 | $12.1M | 6.9% | +262.3% |
| ANFAbercrombie & Fitch Co | $9.8M | 5.5% | +62.2% |
| SLBSlb Limited | $8.6M | 4.9% | +17.6% |
| AAAlcoa Corp | $7.0M | 4.0% | +3.8% |
| Century Alum CoCUSIP 156431908 | $6.9M | 3.9% | New |
| Tronox Holdings PLCCUSIP G9087Q902 | $4.3M | 2.5% | −40.9% |
| DVNDevon Energy Corp New | $3.7M | 2.1% | New |
| FANGDiamondback Energy Inc | $3.3M | 1.9% | +90.0% |
| Dow Hldgs IncCUSIP 260557903 | $2.7M | 1.6% | New |
| Star Bulk Carriers CorpCUSIP Y8162K204 | $2.0M | 1.1% | −32.9% |
| Dht Holdings IncCUSIP Y2065G121 | $1.4M | 0.8% | +70.1% |
| IEIvanhoe Electric Inc | $1.3M | 0.8% | New |
| MLIMueller Inds Inc | $615K | 0.3% | −66.7% |
| Huntsman CorpCUSIP 447011907 | $532K | 0.3% | −88.9% |
| VGZVista Gold Corp | $525K | 0.3% | New |
| VRAVera Bradley Inc | $486K | 0.3% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| CENXCentury Alum Co | December 31, 2023 | +279.0% | $47.6M |
| Star Bulk Carriers CorpCUSIP Y8162K204 | September 30, 2025 | +34.3% | $2.0M |
| EROEro Copper Corp | June 30, 2021 | +27.4% | $31.2M |
| FANGDiamondback Energy Inc | December 31, 2025 | +16.9% | $3.3M |
| MLIMueller Inds Inc | December 31, 2025 | +7.1% | $615K |
| BKEBuckle Inc | December 31, 2021 | −0.3% | $17.4M |
| ANFAbercrombie & Fitch Co | March 31, 2026 | −1.5% | $9.8M |
| Dht Holdings IncCUSIP Y2065G121 | March 31, 2026 | −9.5% | $1.4M |
| SLBSlb Limited | March 31, 2026 | −9.5% | $8.6M |
| Tronox Holdings PLCCUSIP G9087Q102 | March 31, 2025 | −10.5% | $12.1M |
Sold off last quarter
- EMNEastman Chem Co was $8.8M
- PPGPpg Inds Inc was $8.8M
- CECelanese Corp Del was $7.2M
- HUNHuntsman Corp was $7.2M
- MTArcelormittal Sa Luxembourg was $5.7M
- DKSDicks Sporting Goods Inc was $4.5M
- WFGWest Fraser Timber Co Ltd was $2.9M
- AEOAmerican Eagle Outfitters Inc was $2.4M
- LULULululemon Athletica Inc was $2.3M
- ARCBArcbest Corp was $2.0M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −11.2% | +14.8% |
| March 31, 2026 | +18.1% | −4.6% |
| December 31, 2025 | +16.9% | +2.4% |
| September 30, 2025 | +16.2% | +7.8% |
| June 30, 2025 | +11.0% | +10.5% |
| March 31, 2025 | −14.0% | −4.6% |
| December 31, 2024 | −14.7% | +2.1% |
| September 30, 2024 | +5.9% | +5.4% |
| June 30, 2024 | +3.8% | +4.0% |
| March 31, 2024 | +9.6% | +10.0% |
| December 31, 2023 | +4.2% | +11.2% |
| September 30, 2023 | −4.2% | −3.6% |
| June 30, 2023 | +4.6% | +8.3% |
| March 31, 2023 | +3.0% | +7.0% |
| December 31, 2022 | +16.7% | +7.1% |
| September 30, 2022 | +5.1% | −5.3% |
| June 30, 2022 | −18.0% | −16.5% |
| March 31, 2022 | +3.4% | −4.9% |
| December 31, 2021 | +7.2% | +10.7% |
| September 30, 2021 | −1.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Impala Asset Management LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1317679&type=13F-HR&dateb=&owner=include&count=40CIK 1317679
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1317679/000110465926097711/Filed August 17, 2026 · accession 0001104659-26-097711