Q1 2026 13F · SEC CIK 1317679
Impala Asset Management LLC
Asset managerFiled 2026-05-13 for Q1 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $214.6M
- Reported positions
- 26
- Top holdings a year, 3 yrs
- +15.8%
- Average holding period
- 2.4 yrs
Impala Asset Management LLC is an asset manager that reported 26 positions worth $214.6M in its Q1 2026 13F, filed 2026-05-13. Its largest holdings were Century Alum Co (CENX, 26.7%), Ero Copper Corp (ERO, 12.8%), Buckle Inc (BKE, 9.8%). A portfolio copying its top holdings returned 15.8% a year over the last 3 years, against 20.4% for the S&P 500.
Impala Asset Management LLC holdings all 26 positions.
Weights are shares of the filer's total reported 13F value, compared with Q4 2025. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| CENXCentury Alum Co | 26.7% | +13.7% | $57.2M |
| EROEro Copper Corp | 12.8% | +8.2% | $27.4M |
| BKEBuckle Inc | 9.8% | +4.9% | $21.1M |
| TROXTronox Holdings PLC | 5.3% | -8.0% | $11.4M |
| EMNEastman Chem Co | 4.1% | — | $8.8M |
| PPGPpg Inds Inc | 4.1% | — | $8.8M |
| AAAlcoa Corporation | 4.0% | — | $8.6M |
| SLBSlb Limited | 3.8% | — | $8.1M |
| CECelanese Corp Del | 3.4% | — | $7.2M |
| HUNHuntsman Corp | 3.3% | -37.7% | $7.2M |
| ANFAbercrombie & Fitch Co | 2.9% | — | $6.1M |
| HUNHuntsman Corp | 2.8% | -16.0% | $6.0M |
| MTArcelormittal SA Luxembourg Ny Registry | 2.6% | -30.2% | $5.7M |
| TROXTronox Holdings PLC | 2.4% | -53.7% | $5.2M |
| DKSDicks Sporting Goods Inc Com | 2.1% | +5.6% | $4.5M |
| WFGWest Fraser Timber Co Ltd | 1.4% | — | $2.9M |
| SBLKStar Bulk Carriers Corp. | 1.3% | -28.1% | $2.8M |
| AEOAmerican Eagle Outfitters in | 1.1% | — | $2.4M |
| LULULululemon Athletica Inc Com | 1.1% | — | $2.3M |
| FANGDiamondback Energy Inc | 0.9% | -50.0% | $2.0M |
| ARCBArcbest Corp | 0.9% | -71.4% | $2.0M |
| 13057Q305California Res Corp | 0.8% | — | $1.7M |
| MLIMueller Inds Inc | 0.8% | +0.0% | $1.7M |
| BLDRBuilders Firstsource Inc | 0.8% | — | $1.6M |
| APAApa Corporation | 0.5% | — | $1.1M |
| DHTDHT Holdings, Inc. | 0.4% | — | $914K |
What Impala Asset Management LLC bought and sold in Q1 2026, against Q4 2025.
New positions
- EMN Eastman Chem Co4.1% of 13F
- PPG Ppg Inds Inc4.1% of 13F
- AA Alcoa Corporation4.0% of 13F
- SLB Slb Limited3.8% of 13F
- CE Celanese Corp Del3.4% of 13F
- ANF Abercrombie & Fitch Co2.9% of 13F
- WFG West Fraser Timber Co Ltd1.4% of 13F
- AEO American Eagle Outfitters in1.1% of 13F
Added to
- CENX Century Alum Co+13.7% shares
- ERO Ero Copper Corp+8.2% shares
- DKS Dicks Sporting Goods Inc Com+5.6% shares
Reduced
- ARCB Arcbest Corp-71.4% shares
- TROX Tronox Holdings PLC-53.7% shares
- FANG Diamondback Energy Inc-50.0% shares
- HUN Huntsman Corp-37.7% shares
- MT Arcelormittal SA Luxembourg Ny Registry-30.2% shares
- SBLK Star Bulk Carriers Corp.-28.1% shares
- HUN Huntsman Corp-16.0% shares
- TROX Tronox Holdings PLC-8.0% shares
Sold out
- WHR Whirlpool Corpwas 5.0%
- AMR Alpha Metallurgical Resour Iwas 2.8%
- OLN Olin Corpwas 2.2%
- RIO Rio Tinto PLCwas 2.0%
- NGD New Gold Inc Cdawas 1.6%
- VALE Vale S Awas 1.3%
- HY Hyster-Yale Incwas 0.9%
- FLNC Fluence Energy Incwas 0.7%
Share counts compared with the Q4 2025 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +50.2% /yr
- S&P 500 +20.1%
- 3 years
- +15.8% /yr
- S&P 500 +20.4%
- 5 years
- +14.2% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q1 2026 | $214.6M | 26 |
| Q4 2025 | $158.7M | 23 |
| Q3 2025 | $147.6M | 16 |
| Q2 2025 | $146.4M | 20 |
| Q1 2025 | $120.9M | 15 |
| Q4 2024 | $123.7M | 14 |
| Q3 2024 | $164.5M | 16 |
| Q2 2024 | $110.6M | 15 |
| Q1 2024 | $110.9M | 18 |
| Q4 2023 | $92.5M | 15 |
| Q3 2023 | $114.5M | 18 |
| Q2 2023 | $111.0M | 15 |
Questions about Impala Asset Management LLC's portfolio
What stocks does Impala Asset Management LLC own?
Impala Asset Management LLC's latest 13F, for Q1 2026 and filed May 13, 2026, lists 26 positions worth $214.6M. The largest are Century Alum Co (CENX) at 26.7%, Ero Copper Corp (ERO) at 12.8%, Buckle Inc (BKE) at 9.8%, Tronox Holdings PLC (TROX) at 5.3% and Eastman Chem Co (EMN) at 4.1%.
What did Impala Asset Management LLC buy last quarter?
In Q1 2026, Impala Asset Management LLC added a new position in Eastman Chem Co (EMN), a new position in Ppg Inds Inc (PPG), a new position in Alcoa Corporation (AA), a new position in Slb Limited (SLB), a new position in Celanese Corp Del (CE), Century Alum Co (CENX) (+13.7% shares), Ero Copper Corp (ERO) (+8.2% shares) and Dicks Sporting Goods Inc Com (DKS) (+5.6% shares), compared with its Q4 2025 filing.
What did Impala Asset Management LLC sell last quarter?
In Q1 2026, Impala Asset Management LLC sold all of Whirlpool Corp (WHR), sold all of Alpha Metallurgical Resour I (AMR), sold all of Olin Corp (OLN), sold all of Rio Tinto PLC (RIO), sold all of New Gold Inc Cda (NGD), Arcbest Corp (ARCB) (-71.4% shares), Tronox Holdings PLC (TROX) (-53.7% shares) and Diamondback Energy Inc (FANG) (-50.0% shares), compared with its Q4 2025 filing.
How has Impala Asset Management LLC's portfolio performed?
A portfolio copying Impala Asset Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +50.2% against +20.1%. Over 5 years: +14.2% a year against +11.6%.
When is Impala Asset Management LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Impala Asset Management LLC's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.