CoreCommodity Management, LLC

Hedge Fund • Global Macro

CoreCommodity Management, LLC is a Global Macro Hedge Fund based in Stamford, CT led by Bradford L Klein, reporting $3.0B in AUM as of Q3 2025 with 66% Unknown concentration, 73% concentrated in top 10 holdings, 65% allocation to CCNR, and minimal technology exposure.

PresidentBradford L Klein

Portfolio Value: $551.0M
Positions: 127
Top Holding: CCNR at 64.88%
Last Reported: Q3 2025

Address680 Washington Boulevard, 11th Floor, Stamford, CT, 06901, United States

Top Holdings

Largest long holdings in CoreCommodity Management, LLC's portfolio (72.8% of total portfolio)

See all holdings

GthenH

Holding	Sector	Market Value	Weight	Traded	Ownership	Owned Since
1 CCNR Financial Investors Trust ALPS/CoreCommodity Natural Resources ETF CCNR	Unknown Unknown	$357.5M	64.88%	-$51.0M Sold	— 11.7M shares	Q3 2024 Held for 1y 2m
2 Hudbay Minerals HBM	Copper Basic Materials	$6.6M	1.20%	-$6.3M Sold	0.11% 437.8K shares	Q3 2016 Held for 9y 2m
3 CNH Industrial N.V. CNH	Agricultural - Machinery Industrials	$5.4M	0.98%	-$1.4M Sold	0.01% 130.8K shares	Q2 2024 Held for 1y 5m
4 Murphy Oil MUR	Oil & Gas Exploration & Production Energy	$5.1M	0.92%	-$3.0M Sold	0.13% 178.4K shares	Q4 2013 Held for 11y 11m
5 Shoals Technologies Group, Inc. SHLS	Solar Energy	$4.9M	0.89%	-$713.7K Sold	0.39% 659.2K shares	Q2 2023 Held for 2y 5m
6 Southern Copper SCCO	Copper Basic Materials	$4.7M	0.85%	-$1.5M Sold	0.00% 38.8K shares	Q3 2020 Held for 5y 2m
7 ConocoPhillips COP	Oil & Gas Exploration & Production Energy	$4.5M	0.81%	-$263.1K Sold	0.00% 47.2K shares	Q3 2013 Held for 12y 2m
8 Teck Resources TECK	Industrial Materials Basic Materials	$4.3M	0.79%	-$3.5M Sold	0.02% 98.8K shares	Q3 2013 Held for 12y 2m
9 Alcoa AA	Aluminum Basic Materials	$4.2M	0.75%	-$502.9K Sold	0.05% 126.2K shares	Q2 2022 Held for 3y 5m
10 Liberty Energy LBRT	Oil & Gas Equipment & Services Energy	$4.1M	0.74%	+$984.7K Bought	0.20% 330.8K shares	Q4 2021 Held for 3y 11m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in CoreCommodity Management, LLC's latest filing

See all changes

GthenC

Market Value

$551.0M

Prior: $606.6M

Q/Q Change

-9.16%

-$55.6M

Net Flows % of MV

-30.52%

Turnover Ratio

19.38%

New Purchases

2 stocks

$1.4M

Added To

26 stocks

+$17.1M

Sold Out Of

21 stocks

$24.4M

Reduced Holdings

89 stocks

-$162.3M

Increased Positions

Position	Shares Δ	Change
1 Valaris VAL	New	0 → 19.8K +$965.8K
2 Amprius Technologies AMPX	New	0 → 38.8K +$407.9K
3 Fluence Energy, Inc. FLNC	+2,146.91%	10.0K → 225.6K +$2.3M
4 Exxon Mobil XOM	+331.15%	4.1K → 17.5K +$1.5M
5 Baker Hughes BKR	+322.71%	8.1K → 34.2K +$1.3M

Decreased Positions

Position	Shares Δ	Change
1 JKS JinkoSolar JKS	Sold	240.8K → 0 −$5.1M
2 BVN Compania de Minas Buenaventura BVN	Sold	184.2K → 0 −$3.0M
3 ChampionX CHX	Sold	79.7K → 0 −$2.0M
4 Sitio Royalties STR	Sold	94.3K → 0 −$1.7M
5 American States Water AWR	Sold	22.5K → 0 −$1.7M