2 managers · $12.9B totalData: SEC EDGAR 13F · 2026Q2
Manager holders · last 5 qtrsⓘ
2
2025Q2 – 2026Q2 · flat QoQ
Total position
$12.9B
Combined value across tracked managers
Net move this quarter
↓ Trimming
Weighted by holders' share change
HolderQ actionValue% of port.Style
BerkshireHold$12.9B4.3%Value / Long-term
HoskingⓘTrim-36.66%$17M0.58%Contrarian value / Global diversified
What managers sayⓘ
2025-09-24Colossus (Invest Like the Best / Business Breakdowns)NeutralWaterBridge: Oil and Water - [Business Breakdowns, EP.228]Detail →
2022-06-29Colossus (Invest Like the Best / Business Breakdowns)BullBerkshire Hathaway: The Incomparable Compounder - [Business Breakdowns, EP. 63]Detail →
2020-03-11Colossus (Invest Like the Best / Business Breakdowns)BearDeep Basin – Oil Price War and Its Implications - [Invest Like the Best, EP.160]Detail →
Links open the original SEC EDGAR filing. Covers tracked managers only.
Earnings Callsⓘ
Q2 2026August 12, 2026
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Beats expectations, primarily driven by production exceeding the top end of guidance, record midstream results, and accelerated deleveraging.
Key metrics: EPS $2.40, free cash flow of approximately $3 billion—the highest since 2022Q3; production 1.43 million bbl/d, exceeding the midpoint of guidance by 23,000 bbl/d; midstream earnings $960 million, a record.
Debt fell to $11.8 billion, quarterly dividend raised 8%; announced a plan to add $4 billion in sustainable cash flow by 2030, with roughly 85% achievable under low oil prices.
Raised full-year production guidance and full-year midstream guidance; Q3 production guidance of 1.40–1.44 million bbl/d.
Risks: Middle East supply disruptions and a narrowing Waha spread could weigh on 2H midstream earnings.