# EDGAR Filing Document

**Accession Number:** 0002048079
**File Stem:** 0002048079-26-000014
**Filing Date:** 2026-5
**Character Count:** 7036
**Document Hash:** b21581f4fe7d60fb4e0bfdbeb32d36ae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048079-26-000014.hdr.sgml**: 20260506

**ACCESSION NUMBER**: 0002048079-26-000014

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260506

**DATE AS OF CHANGE**: 20260506

**EFFECTIVENESS DATE**: 20260506

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Mercuria Capital Strategies, LLC
- **CENTRAL INDEX KEY:** 0002048079

**ORGANIZATION NAME:**
- **EIN:** 450548659
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-24839
- **FILM NUMBER:** 26946395

**BUSINESS ADDRESS:**
- **STREET 1:** 20 E. GREENWAY PLAZA, STE. 650
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 832.369.2800

**MAIL ADDRESS:**
- **STREET 1:** 20 E. GREENWAY PLAZA, STE. 650
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

### 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:** Mercuria Capital Strategies LLC<br>**Address:** 20 E. GREENWAY PLAZA STE. 650<br>HOUSTON, TX 77046

**Form 13F File Number:** 028-24839

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:** Ryan<br>**Title:** Head of Equity Compliance<br>**Phone:** 2034133352

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

Ryan  Houston, TX  05-06-2026<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:** 31

**Form 13F Information Table Value Total:** $261630585

      (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 |
| AGRICULTURE  NAT SOL ACQ CO | SHS CL A | G0131Y100 |  | 5645000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| ALUSSA ENERGY ACQUISIT CORP | *W EXP 04/10/202 | G0233J118 |  | 120033 | 333333 | SH |  | SOLE |  | 333333 | 0 | 0 |
| ALUSSA ENERGY ACQUISIT CORP | ORD SHS CL A | G0233J100 |  | 9980000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| BAIN CAP GSS INVT CORP | ORD CL A | G0R78B106 |  | 15631609 | 1545878 | SH |  | SOLE |  | 1545878 | 0 | 0 |
| BAIN CAP GSS INVT CORP | *W EXP 01/01/202 | G0R78B114 |  | 191688 | 309175 | SH |  | SOLE |  | 309175 | 0 | 0 |
| BERTO ACQUISITION CORP | ORD SHS | G1051H101 |  | 2776807 | 270908 | SH |  | SOLE |  | 270908 | 0 | 0 |
| CANTOR EQUITY PARTNERS III I | SHS CL A | G1828A108 |  | 98945 | 9597 | SH |  | SOLE |  | 9597 | 0 | 0 |
| CANTOR EQUITY PARTNERS IV IN | SHS CL A | G1828E100 |  | 96835 | 9503 | SH |  | SOLE |  | 9503 | 0 | 0 |
| CHURCHILL CAPITAL CORP IX | CL A SHS | G21301109 |  | 93578 | 8762 | SH |  | SOLE |  | 8762 | 0 | 0 |
| CHURCHILL CAP CORP XI | CL A ORD SHS | G2131A108 |  | 10160 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| CHURCHILL CAP CORP XI | *W EXP 12/10/203 | G2131A116 |  | 75 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| DIANA SHIPPING INC | COM | Y2066G104 |  | 653952 | 261581 | SH |  | SOLE |  | 261581 | 0 | 0 |
| DRUGS MADE IN AMER ACQ II CO | USD ORD SHS | G2851K104 |  | 7477500 | 750000 | SH |  | SOLE |  | 750000 | 0 | 0 |
| DRUGS MADE IN AMER ACQ II CO | RIGHT 09/16/2030 | G2851K112 |  | 60000 | 750000 | SH |  | SOLE |  | 750000 | 0 | 0 |
| GIGCAPITAL8 CORP | ORD CL A | G3864J100 |  | 4985000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| GIGCAPITAL8 CORP | RIGHT 09/30/2030 | G3864J118 |  | 56250 | 187500 | SH |  | SOLE |  | 187500 | 0 | 0 |
| GLOBAL PARTNERS LP | COM UNITS | 37946R109 |  | 3467229 | 82357 | SH |  | SOLE |  | 82357 | 0 | 0 |
| GSR IV ACQUISITION CORP | CL A SHS | G4R12K107 |  | 5015000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| GUARDIAN METAL RES PLC | SPONSORED ADS | 401382106 |  | 1136200 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| INFLECTION PT ACQUISITION CO | CL A ORD SHS | G47875102 |  | 5465025 | 535000 | SH |  | SOLE |  | 535000 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES NV | SHS - A - | N53745100 |  | 32797748 | 407122 | SH |  | SOLE |  | 407122 | 0 | 0 |
| PALOMA ACQUISITION CORP I | UNIT 02/12/2031 | G6881J128 |  | 9980000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| PROSHARES TR II | VIX SHT TERM FUT | 74347Y730 |  | 5152500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| PYROPHYTE ACQUISITION CORP. | CL A SHS | G7309T102 |  | 2537500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| SILVERBOX CORP V | ORD SHS CL A | G8148S107 |  | 2480000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| SILVERBOX CORP V | *W EXP 09/16/203 | G8148S115 |  | 28466 | 83333 | SH |  | SOLE |  | 83333 | 0 | 0 |
| TEEKAY TANKERS LTD | CL A | G8726X106 |  | 130433053 | 1778956 | SH |  | SOLE |  | 1778956 | 0 | 0 |
| TEXAS VENTURES ACQUISITION I | USD CL A ORD SHS | G8772L105 |  | 3610525 | 347500 | SH |  | SOLE |  | 347500 | 0 | 0 |
| VENTURE GLOBAL INC | COM CL A | 92333F101 |  | 9141524 | 580046 | SH |  | SOLE |  | 580046 | 0 | 0 |
| VIKING ACQUISITION CORP I | ORD CL A | G9582G104 |  | 2482500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| VIKING ACQUISITION CORP I | *W EXP 11/03/203 | G9582G112 |  | 25883 | 83333 | SH |  | SOLE |  | 83333 | 0 | 0 |

---