SIR Capital Exits Chord Energy as Kore Advisors Slashes Stake, SEC Filings Show

Overview

• SIR Capital Management reported selling all 377,585 shares of Chord Energy, a position previously valued at about $36.57 million.
• Kore Advisors sold 34,000 shares in the third quarter, reducing its holdings to 14,000 shares worth $1.39 million as of September 30.
• The filings indicate Chord Energy shares have traded roughly 50% below recent peaks, providing context for portfolio repositioning.
• After the sale, Kore’s Chord Energy holding represented 1.59% of its reported 13F assets, down from 7.2% the prior quarter.
• SIR Capital said the Chord Energy position had accounted for 3.26% of its assets in the most recently reported quarter before the exit.