1y return+17.6%S&P 500 +20.9%
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 December 31, 2024: $147 against $127 in the S&P 500.2
Luminus 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 |
|---|---|---|---|
| AVNTAvient Corporation | $24.7M | 16.9% | +58.9% |
| OIO-i Glass Inc | $17.1M | 11.7% | −34.8% |
| CCChemours Co | $16.1M | 11.0% | −16.4% |
| SLGNSilgan Hldgs Inc | $14.5M | 9.9% | New |
| GXOGxo Logistics Incorporated | $13.3M | 9.1% | +305.3% |
| KWRQuaker Houghton | $12.4M | 8.5% | −42.6% |
| MEOHMethanex Corporation | $9.8M | 6.7% | |
| FULH.b. Fuller Company | $9.2M | 6.3% | −46.1% |
| SOLSSolstice Advanced Matls Inc | $8.7M | 5.9% | |
| CECelanese Corp Del | $3.9M | 2.7% | New |
| Versigent PLCCUSIP G9600F104 | $3.1M | 2.1% | New |
| Amcor PLCCUSIP G0250X149 | $2.5M | 1.7% | New |
| VXXBarclays Bank PLC - Ipath Series B S&p 500 Vix | $1.7M | 1.2% | +181.8% |
| KROKronos Worldwide Inc | $1.6M | 1.1% | −6.0% |
| BATLBattalion Oil Corp | $1.4M | 1.0% | −46.7% |
| CCKCrown Hldgs Inc | $1.3M | 0.9% | New |
| ARCBArcbest Corp | $1.3M | 0.9% | New |
| PPGPpg Industries Inc | $553K | 0.4% | −86.5% |
| WTIW & T Offshore Inc | $472K | 0.3% | New |
| REARare Earths Americas Inc | $458K | 0.3% | New |
| CRKComstock Res Inc | $448K | 0.3% | New |
| SPWRSunpower Inc | $292K | 0.2% | New |
| GEMIGemini Space Sta Inc | $288K | 0.2% | −55.0% |
| ELMTElmet Group Co (the) | $247K | 0.2% | New |
| SDSTStardust Pwr Inc | $215K | 0.1% | 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 |
|---|---|---|---|
| SOLSSolstice Advanced Matls Inc | December 31, 2025 | +82.4% | $8.7M |
| KWRQuaker Houghton | March 31, 2025 | +28.5% | $12.4M |
| PPGPpg Industries Inc | March 31, 2026 | +13.5% | $553K |
| AVNTAvient Corporation | September 30, 2025 | +12.2% | $24.7M |
| GXOGxo Logistics Incorporated | June 30, 2025 | +4.1% | $13.3M |
| GEMIGemini Space Sta Inc | March 31, 2026 | −3.6% | $288K |
| KROKronos Worldwide Inc | March 31, 2026 | −3.7% | $1.6M |
| FULH.b. Fuller Company | March 31, 2026 | −5.5% | $9.2M |
| MXCTMaxcyte Inc | September 30, 2025 | −22.2% | $75K |
| MEOHMethanex Corporation | March 31, 2026 | −22.5% | $9.8M |
Sold off last quarter
- Sealed Air CorpCUSIP 81211K100 was $12.3M
- Axalta Coating Sys LtdCUSIP G0750C108 was $11.1M
- CVXChevron Corporation was $1.0M
- NXDRXtdoor Holdings Inc was $560K
- CGCCanopy Growth Corporation was $522K
- SGMOQSangamo Therapeutics Inc was $415K
- PEPGPepgen Inc was $266K
- Volitionrx LtdCUSIP 928661107 was $201K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −2.2% | +14.8% |
| March 31, 2026 | +24.4% | −4.6% |
| December 31, 2025 | +1.2% | +2.4% |
| September 30, 2025 | −4.5% | +7.8% |
| June 30, 2025 | +34.6% | +10.5% |
| March 31, 2025 | −7.2% | −4.6% |
| September 30, 2024 | +17.8% | +5.4% |
| June 30, 2024 | −18.8% | +4.0% |
| December 31, 2023 | +12.3% | +11.2% |
| September 30, 2023 | +2.0% | −3.6% |
| June 30, 2023 | −4.5% | +8.3% |
| March 31, 2023 | −4.3% | +7.0% |
| December 31, 2022 | +4.7% | +7.1% |
| March 31, 2022 | +17.9% | −4.9% |
| December 31, 2021 | +5.6% | +10.7% |
| September 30, 2021 | −3.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Luminus Management LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1279151&type=13F-HR&dateb=&owner=include&count=40CIK 1279151
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1279151/000110465926097284/Filed August 14, 2026 · accession 0001104659-26-097284