# EDGAR Filing Document

**Accession Number:** 0001442573
**File Stem:** 0001442573-26-000001
**Filing Date:** 2026-5
**Character Count:** 16314
**Document Hash:** 4a40afbbdee6f667bdf3003ebeba9388
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001442573-26-000001.hdr.sgml**: 20260504

**ACCESSION NUMBER**: 0001442573-26-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260504

**DATE AS OF CHANGE**: 20260504

**EFFECTIVENESS DATE**: 20260504

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HOURGLASS CAPITAL, LLC
- **CENTRAL INDEX KEY:** 0001442573

**ORGANIZATION NAME:**
- **EIN:** 262695261
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13181
- **FILM NUMBER:** 26935543

**BUSINESS ADDRESS:**
- **STREET 1:** 5020 MONTROSE BLVD
- **STREET 2:** SUITE 400
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77006
- **BUSINESS PHONE:** 7139360440

**MAIL ADDRESS:**
- **STREET 1:** 5020 MONTROSE BLVD
- **STREET 2:** SUITE 400
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77006

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** HOURGLASS CAPITAL LLC<br>**Address:** 5020 MONTROSE BLVD<br>SUITE 400<br>HOUSTON, TX 77006

**Form 13F File Number:** 028-13181

**CRD Number (if applicable):** 000147754

**SEC File Number (if applicable):** 801-69395

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Jennifer Schuette<br>**Title:** Chief Compliance Officer<br>**Phone:** 7202820268

**Signature, Place, and Date of Signing:**

Jennifer Schuette  Centennial, CO  05-04-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 130

**Form 13F Information Table Value Total:** $480499740

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| CORE NAT RES INC | COM | 218937100 |  | 13025898 | 124376 | SH |  | SOLE | 0 | 124376 | 0 | 0 |
| ALPHABET INC | COM | 02079K305 |  | 13010940 | 45246 | SH |  | SOLE | 0 | 45246 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 12732365 | 117620 | SH |  | SOLE | 0 | 117620 | 0 | 0 |
| CITIGROUP INC | COM | 172967424 |  | 12556415 | 110717 | SH |  | SOLE | 0 | 110717 | 0 | 0 |
| STATE STREET SPDR S | UIE | 78462F103 |  | 11162698 | 17164 | SH |  | SOLE | 0 | 17164 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 11149302 | 13179 | SH |  | SOLE | 0 | 13179 | 0 | 0 |
| NVIDIA CORP | COM | 67066G104 |  | 11139800 | 63875 | SH |  | SOLE | 0 | 63875 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 10885256 | 140292 | SH |  | SOLE | 0 | 140292 | 0 | 0 |
| MORGAN STANLEY | COM | 617446448 |  | 10548937 | 64100 | SH |  | SOLE | 0 | 64100 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 10249670 | 60413 | SH |  | SOLE | 0 | 60413 | 0 | 0 |
| FREEPORT-MCMORAN INC | COM | 35671D857 |  | 10209381 | 173688 | SH |  | SOLE | 0 | 173688 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 10166227 | 141335 | SH |  | SOLE | 0 | 141335 | 0 | 0 |
| LYONDELLBASELL INDUSTR F | FGO | N53745100 |  | 9769753 | 121273 | SH |  | SOLE | 0 | 121273 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 9760552 | 347598 | SH |  | SOLE | 0 | 347598 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 8980694 | 24261 | SH |  | SOLE | 0 | 24261 | 0 | 0 |
| SLB LIMITED            F | FGO | 806857108 |  | 8874025 | 172680 | SH |  | SOLE | 0 | 172680 | 0 | 0 |
| KIRBY CORP | COM | 497266106 |  | 8712277 | 65565 | SH |  | SOLE | 0 | 65565 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 8692697 | 42014 | SH |  | SOLE | 0 | 42014 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 8593341 | 69145 | SH |  | SOLE | 0 | 69145 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 8399902 | 250519 | SH |  | SOLE | 0 | 250519 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 8216134 | 112890 | SH |  | SOLE | 0 | 112890 | 0 | 0 |
| GSK PLC ADR            F | ADR | 37733W204 |  | 7959115 | 144213 | SH |  | SOLE | 0 | 144213 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 7886545 | 16665 | SH |  | SOLE | 0 | 16665 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 7796557 | 25190 | SH |  | SOLE | 0 | 25190 | 0 | 0 |
| WOODSIDE ENERGY GROUP  F | ADR | 980228308 |  | 7745717 | 324360 | SH |  | SOLE | 0 | 324360 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 7528292 | 22890 | SH |  | SOLE | 0 | 22890 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 7409884 | 34070 | SH |  | SOLE | 0 | 34070 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 7394712 | 328800 | SH |  | SOLE | 0 | 328800 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 7253406 | 49306 | SH |  | SOLE | 0 | 49306 | 0 | 0 |
| IRON MTN INC NEW | RET | 46284V101 |  | 7119158 | 69700 | SH |  | SOLE | 0 | 69700 | 0 | 0 |
| ZIMMER BIOMET HLDGS INC | COM | 98956P102 |  | 7057733 | 78055 | SH |  | SOLE | 0 | 78055 | 0 | 0 |
| BHP GROUP LTD          F | ADR | 088606108 |  | 6993224 | 96140 | SH |  | SOLE | 0 | 96140 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 6813012 | 28081 | SH |  | SOLE | 0 | 28081 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 6676454 | 26307 | SH |  | SOLE | 0 | 26307 | 0 | 0 |
| MAIN STR CAP CORP | COM | 56035L104 |  | 6543208 | 123550 | SH |  | SOLE | 0 | 123550 | 0 | 0 |
| VALLEY NATL BANCORP | COM | 919794107 |  | 6387024 | 520116 | SH |  | SOLE | 0 | 520116 | 0 | 0 |
| UNITED PARCEL SVC INC | COM | 911312106 |  | 6282055 | 63855 | SH |  | SOLE | 0 | 63855 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 6281928 | 37994 | SH |  | SOLE | 0 | 37994 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 6226762 | 214790 | SH |  | SOLE | 0 | 214790 | 0 | 0 |
| LAMAR ADVERTISING CO NEW | RET | 512816109 |  | 6163276 | 48660 | SH |  | SOLE | 0 | 48660 | 0 | 0 |
| IBM CORP | COM | 459200101 |  | 6123741 | 25264 | SH |  | SOLE | 0 | 25264 | 0 | 0 |
| VICI PPTYS INC | RET | 925652109 |  | 6052965 | 221558 | SH |  | SOLE | 0 | 221558 | 0 | 0 |
| VERIZON COMMUNICATIONS I | COM | 92343V104 |  | 5946592 | 118458 | SH |  | SOLE | 0 | 118458 | 0 | 0 |
| REGIONS FINL CORP NEW | COM | 7591EP100 |  | 5234187 | 200390 | SH |  | SOLE | 0 | 200390 | 0 | 0 |
| SMUCKER J M CO | COM | 832696405 |  | 4959909 | 51430 | SH |  | SOLE | 0 | 51430 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 4843590 | 252139 | SH |  | SOLE | 0 | 252139 | 0 | 0 |
| AMAZON.COM INC | COM | 023135106 |  | 3919641 | 18820 | SH |  | SOLE | 0 | 18820 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 3859293 | 58483 | SH |  | SOLE | 0 | 58483 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 3639967 | 28265 | SH |  | SOLE | 0 | 28265 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 3627240 | 22625 | SH |  | SOLE | 0 | 22625 | 0 | 0 |
| ISHARES 1-5 YEAR | UIE | 464288646 |  | 3248208 | 61800 | SH |  | SOLE | 0 | 61800 | 0 | 0 |
| BAKER HUGHES CO. A | COM | 05722G100 |  | 3159338 | 51750 | SH |  | SOLE | 0 | 51750 | 0 | 0 |
| FLAGSTAR BANK NTNL ASSOC | COM | 649445400 |  | 3029100 | 230000 | SH |  | SOLE | 0 | 230000 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 2696424 | 169800 | SH |  | SOLE | 0 | 169800 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 2634404 | 63251 | SH |  | SOLE | 0 | 63251 | 0 | 0 |
| INVESCO QQQ TR | UIE | 46090E103 |  | 2603659 | 4511 | SH |  | SOLE | 0 | 4511 | 0 | 0 |
| INVESCO S 500 EQUAL | UIE | 46137V357 |  | 2422030 | 12620 | SH |  | SOLE | 0 | 12620 | 0 | 0 |
| BERKSHIRE HATHAWAY | COM | 084670702 |  | 2199528 | 4590 | SH |  | SOLE | 0 | 4590 | 0 | 0 |
| FEDERATED HERMES INC B | COM | 314211103 |  | 2101106 | 37050 | SH |  | SOLE | 0 | 37050 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 2053296 | 8400 | SH |  | SOLE | 0 | 8400 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM | 247361702 |  | 2030964 | 30550 | SH |  | SOLE | 0 | 30550 | 0 | 0 |
| VANGUARD FTSE EMERGING | UIE | 922042858 |  | 2002282 | 37045 | SH |  | SOLE | 0 | 37045 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 1781741 | 38350 | SH |  | SOLE | 0 | 38350 | 0 | 0 |
| META PLATFORMS INC | COM | 30303M102 |  | 1730693 | 3025 | SH |  | SOLE | 0 | 3025 | 0 | 0 |
| STATE STREET TECHNOLOGY | UIE | 81369Y803 |  | 1680388 | 12644 | SH |  | SOLE | 0 | 12644 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 1663888 | 8435 | SH |  | SOLE | 0 | 8435 | 0 | 0 |
| VANGUARD TOTAL STOCK | UIE | 922908769 |  | 1622978 | 5059 | SH |  | SOLE | 0 | 5059 | 0 | 0 |
| NUVEEN FLOATING RATE INC | CEM | 67072T108 |  | 1485373 | 197523 | SH |  | SOLE | 0 | 197523 | 0 | 0 |
| MPLX LP               LP | MLP | 55336V100 |  | 1476515 | 25872 | SH |  | SOLE | 0 | 25872 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 1442250 | 15000 | SH |  | SOLE | 0 | 15000 | 0 | 0 |
| ENTERPRISE PRODS PART LP | MLP | 293792107 |  | 1416994 | 37447 | SH |  | SOLE | 0 | 37447 | 0 | 0 |
| STATE STREET SPDR S | UIE | 78464A763 |  | 1376955 | 9435 | SH |  | SOLE | 0 | 9435 | 0 | 0 |
| MS EMERGING MARKETS DEBT | CEM | 61744H105 |  | 1373112 | 195600 | SH |  | SOLE | 0 | 195600 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 1372550 | 2500 | SH |  | SOLE | 0 | 2500 | 0 | 0 |
| VANGUARD SMALL-CAP INDEX | UIE | 922908751 |  | 1289956 | 4925 | SH |  | SOLE | 0 | 4925 | 0 | 0 |
| PROSHARES SHORT 20 YEAR | UIE | 74347X849 |  | 1286613 | 53100 | SH |  | SOLE | 0 | 53100 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 1282538 | 3450 | SH |  | SOLE | 0 | 3450 | 0 | 0 |
| VANGUARD MID-CAP INDEX | UIE | 922908629 |  | 1266464 | 4410 | SH |  | SOLE | 0 | 4410 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 1253149 | 4998 | SH |  | SOLE | 0 | 4998 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 1204022 | 6450 | SH |  | SOLE | 0 | 6450 | 0 | 0 |
| FIRST FINL BANKSHARES IN | COM | 32020R109 |  | 1178000 | 40000 | SH |  | SOLE | 0 | 40000 | 0 | 0 |
| ALLIANCEBERNSTEIN GLB HI | CEM | 01879R106 |  | 1112395 | 109380 | SH |  | SOLE | 0 | 109380 | 0 | 0 |
| ENERGY TRANSFER L P   LP | MLP | 29273V100 |  | 1102821 | 57141 | SH |  | SOLE | 0 | 57141 | 0 | 0 |
| FIRST TRUST SENIOR FR IN | CEM | 33733U108 |  | 1097032 | 113800 | SH |  | SOLE | 0 | 113800 | 0 | 0 |
| PALANTIR TECHNOLOGIES IN | COM | 69608A108 |  | 1060530 | 7250 | SH |  | SOLE | 0 | 7250 | 0 | 0 |
| EV SENIOR FLOATING RATE | CEM | 27828Q105 |  | 1017110 | 96500 | SH |  | SOLE | 0 | 96500 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 968773 | 7060 | SH |  | SOLE | 0 | 7060 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 948892 | 1570 | SH |  | SOLE | 0 | 1570 | 0 | 0 |
| STATE STREET SPDR | UIE | 78468R622 |  | 909340 | 9500 | SH |  | SOLE | 0 | 9500 | 0 | 0 |
| THE MOSAIC CO | COM | 61945C103 |  | 895050 | 35100 | SH |  | SOLE | 0 | 35100 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 876858 | 880 | SH |  | SOLE | 0 | 880 | 0 | 0 |
| WISDOMTREE EUROPE HEDGED | UIE | 97717X701 |  | 837323 | 16010 | SH |  | SOLE | 0 | 16010 | 0 | 0 |
| APOLLO GLOBAL MGMT INC N | COM | 03769M106 |  | 768798 | 6900 | SH |  | SOLE | 0 | 6900 | 0 | 0 |
| MORGAN STANLEY DIRECT LE | COM | 61774A103 |  | 679461 | 48672 | SH |  | SOLE | 0 | 48672 | 0 | 0 |
| FIRST TRUST RBA AMERICAN | UIE | 33738R704 |  | 664680 | 6000 | SH |  | SOLE | 0 | 6000 | 0 | 0 |
| SHIONOGI  CO LTD      F | ADR | 824667109 |  | 564481 | 50900 | SH |  | SOLE | 0 | 50900 | 0 | 0 |
| WESTERN MIDSTREAM PAR LP | MLP | 958669103 |  | 547890 | 13308 | SH |  | SOLE | 0 | 13308 | 0 | 0 |
| EATON CORP PLC         F | FGO | G29183103 |  | 536505 | 1500 | SH |  | SOLE | 0 | 1500 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 513350 | 5000 | SH |  | SOLE | 0 | 5000 | 0 | 0 |
| CONSTELLATION ENERGY COR | COM | 21037T109 |  | 488688 | 1750 | SH |  | SOLE | 0 | 1750 | 0 | 0 |
| TC ENERGY CORP         F | FGC | 87807B107 |  | 485776 | 7760 | SH |  | SOLE | 0 | 7760 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 449540 | 53200 | SH |  | SOLE | 0 | 53200 | 0 | 0 |
| STATE STREET | UIE | 81369Y852 |  | 443440 | 4000 | SH |  | SOLE | 0 | 4000 | 0 | 0 |
| NEXTDECADE CORP | COM | 65342K105 |  | 427535 | 55814 | SH |  | SOLE | 0 | 55814 | 0 | 0 |
| ARISTA NETWORKS INC | COM | 040413205 |  | 399035 | 3250 | SH |  | SOLE | 0 | 3250 | 0 | 0 |
| SNOWFLAKE INC | COM | 833445109 |  | 392132 | 2600 | SH |  | SOLE | 0 | 2600 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | COM | 22788C105 |  | 390410 | 1000 | SH |  | SOLE | 0 | 1000 | 0 | 0 |
| ENBRIDGE INC           F | FGC | 29250N105 |  | 390025 | 7204 | SH |  | SOLE | 0 | 7204 | 0 | 0 |
| SPDR GOLD SHARES | UIE | 78463V107 |  | 365747 | 850 | SH |  | SOLE | 0 | 850 | 0 | 0 |
| INVESCO S 500 MOMENTUM | UIE | 46138E339 |  | 336330 | 3000 | SH |  | SOLE | 0 | 3000 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 309597 | 437 | SH |  | SOLE | 0 | 437 | 0 | 0 |
| ISHARES S 100 ETF | UIE | 464287101 |  | 298986 | 940 | SH |  | SOLE | 0 | 940 | 0 | 0 |
| PLAINS GP HLDGS L P | COM | 72651A207 |  | 297551 | 12255 | SH |  | SOLE | 0 | 12255 | 0 | 0 |
| DATADOG INC | COM | 23804L103 |  | 295125 | 2500 | SH |  | SOLE | 0 | 2500 | 0 | 0 |
| BLACKROCK INC NEW | COM | 09290D101 |  | 288513 | 300 | SH |  | SOLE | 0 | 300 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 267645 | 2961 | SH |  | SOLE | 0 | 2961 | 0 | 0 |
| BLACKROCK CORP HIGH YIEL | CEM | 09255P107 |  | 254901 | 29918 | SH |  | SOLE | 0 | 29918 | 0 | 0 |
| SHELL PLC              F | ADR | 780259305 |  | 246450 | 2650 | SH |  | SOLE | 0 | 2650 | 0 | 0 |
| STATE STREET FINANCIAL | UIE | 81369Y605 |  | 243740 | 4937 | SH |  | SOLE | 0 | 4937 | 0 | 0 |
| WELLS FARGO  CO | COM | 949746101 |  | 238830 | 3000 | SH |  | SOLE | 0 | 3000 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 238644 | 2800 | SH |  | SOLE | 0 | 2800 | 0 | 0 |
| CHENIERE ENERGY PARTN LP | MLP | 16411Q101 |  | 236093 | 3653 | SH |  | SOLE | 0 | 3653 | 0 | 0 |
| TRINITY BK N A FT WORTH | COM | 89641T104 |  | 229800 | 2400 | SH |  | SOLE | 0 | 2400 | 0 | 0 |
| ALPHABET INC | COM | 02079K107 |  | 228914 | 798 | SH |  | SOLE | 0 | 798 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 228410 | 6500 | SH |  | SOLE | 0 | 6500 | 0 | 0 |
| ISHARES RUSSELL 1000 | UIE | 464287598 |  | 222036 | 1039 | SH |  | SOLE | 0 | 1039 | 0 | 0 |
| VALERO ENERGY CORP NEW | COM | 91913Y100 |  | 214713 | 869 | SH |  | SOLE | 0 | 869 | 0 | 0 |
| HESS MIDSTREAM LP | COM | 428103105 |  | 205078 | 5276 | SH |  | SOLE | 0 | 5276 | 0 | 0 |
| PROSHARES ULTRASHORT 20 | UIE | 74347B201 |  | 200298 | 5700 | SH |  | SOLE | 0 | 5700 | 0 | 0 |
| VAALCO ENERGY INC | COM | 91851C201 |  | 158500 | 25000 | SH |  | SOLE | 0 | 25000 | 0 | 0 |

---