# EDGAR Filing Document

**Accession Number:** 0001549358
**File Stem:** 0001941040-26-000164
**Filing Date:** 2026-2
**Character Count:** 13683
**Document Hash:** 735751196e40ca45fe89133791e11406
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001941040-26-000164.hdr.sgml**: 20260217

**ACCESSION NUMBER**: 0001941040-26-000164

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260217

**DATE AS OF CHANGE**: 20260217

**EFFECTIVENESS DATE**: 20260217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Old West Investment Management, LLC
- **CENTRAL INDEX KEY:** 0001549358

**ORGANIZATION NAME:**
- **EIN:** 263225052
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15252
- **FILM NUMBER:** 26637567

**BUSINESS ADDRESS:**
- **STREET 1:** 601 SOUTH FIGUEROA STREET
- **STREET 2:** SUITE 1975
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017
- **BUSINESS PHONE:** (213) 943-1740

**MAIL ADDRESS:**
- **STREET 1:** 601 SOUTH FIGUEROA STREET
- **STREET 2:** SUITE 1975
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** Old West Investment Management LLC<br>**Address:** 601 South Figueroa Street<br>Suite 1975<br>Los Angeles, CA 90017

**Form 13F File Number:** 028-15252

**CRD Number (if applicable):** 000148343

**SEC File Number (if applicable):** 801-69604

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:** Chad Cook<br>**Title:** Chief Compliance Officer<br>**Phone:** 213-943-1740

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

Chad Cook  Los Angeles, CA  02-17-2026<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:** 102

**Form 13F Information Table Value Total:** $560156274

      (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 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 2302984 | 16925 | SH |  | SOLE |  | 16925 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 18165534 | 107152 | SH |  | SOLE |  | 107152 | 0 | 0 |
| ALAMOS GOLD INC NEW | COM CL A | 011532108 |  | 18661240 | 483702 | SH |  | SOLE |  | 483702 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 19398778 | 137152 | SH |  | SOLE |  | 137152 | 0 | 0 |
| ALCOA CORP | COM | 013872106 |  | 12359194 | 232578 | SH |  | SOLE |  | 232578 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 5630367 | 35362 | SH |  | SOLE |  | 35362 | 0 | 0 |
| ALMONTY INDS INC | COM NEW | 020398707 |  | 3137646 | 356146 | SH |  | SOLE |  | 356146 | 0 | 0 |
| ALPHA METALLURGICAL RESOUR I | COM | 020764106 |  | 5777131 | 28903 | SH |  | SOLE |  | 28903 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 440889 | 1405 | SH |  | SOLE |  | 1405 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 438200 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| AMENTUM HOLDINGS INC | COM | 023939101 |  | 561295 | 19355 | SH |  | SOLE |  | 19355 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 2662870 | 12970 | SH |  | SOLE |  | 12970 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 7029323 | 203985 | SH |  | SOLE |  | 203985 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 3489323 | 12835 | SH |  | SOLE |  | 12835 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 2364308 | 9200 | SH |  | SOLE |  | 9200 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 12917494 | 12074 | SH |  | SOLE |  | 12074 | 0 | 0 |
| ATI INC | COM | 01741R102 |  | 1440811 | 12555 | SH |  | SOLE |  | 12555 | 0 | 0 |
| ATKORE INC | COM | 047649108 |  | 429530 | 6791 | SH |  | SOLE |  | 6791 | 0 | 0 |
| AXCELIS TECHNOLOGIES INC | COM NEW | 054540208 |  | 1451261 | 18064 | SH |  | SOLE |  | 18064 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 3923370 | 71334 | SH |  | SOLE |  | 71334 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 10277684 | 20447 | SH |  | SOLE |  | 20447 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 346523 | 1596 | SH |  | SOLE |  | 1596 | 0 | 0 |
| BRUKER CORP | COM | 116794108 |  | 32259531 | 684770 | SH |  | SOLE |  | 684770 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 12657013 | 123015 | SH |  | SOLE |  | 123015 | 0 | 0 |
| BUNGE GLOBAL SA | COM SHS | H11356104 |  | 16515434 | 185400 | SH |  | SOLE |  | 185400 | 0 | 0 |
| CADRE HLDGS INC | COM | 12763L105 |  | 3014849 | 73821 | SH |  | SOLE |  | 73821 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 18503586 | 202247 | SH |  | SOLE |  | 202247 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 26010208 | 768396 | SH |  | SOLE |  | 768396 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 2553854 | 4458 | SH |  | SOLE |  | 4458 | 0 | 0 |
| CENTRUS ENERGY CORP | CL A | 15643U104 |  | 293496 | 1209 | SH |  | SOLE |  | 1209 | 0 | 0 |
| CHEMOURS CO | COM | 163851108 |  | 903738 | 76653 | SH |  | SOLE |  | 76653 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 1845700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CORE LABORATORIES INC | COM | 21867A105 |  | 612714 | 38223 | SH |  | SOLE |  | 38223 | 0 | 0 |
| CORE NATURAL RESOURCES INC | COM SHS | 218937100 |  | 9979059 | 112745 | SH |  | SOLE |  | 112745 | 0 | 0 |
| CTS CORP | COM | 126501105 |  | 962088 | 22442 | SH |  | SOLE |  | 22442 | 0 | 0 |
| DENISON MINES CORP | COM | 248356107 |  | 1904504 | 715979 | SH |  | SOLE |  | 715979 | 0 | 0 |
| EAST WEST BANCORP INC | COM | 27579R104 |  | 5371680 | 47795 | SH |  | SOLE |  | 47795 | 0 | 0 |
| ELANCO ANIMAL HEALTH INC | COM | 28414H103 |  | 11300245 | 499348 | SH |  | SOLE |  | 499348 | 0 | 0 |
| ENERGY RECOVERY INC | COM | 29270J100 |  | 673744 | 49944 | SH |  | SOLE |  | 49944 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 3612629 | 219080 | SH |  | SOLE |  | 219080 | 0 | 0 |
| ERO COPPER CORP | COM | 296006109 |  | 824483 | 29144 | SH |  | SOLE |  | 29144 | 0 | 0 |
| FERROGLOBE PLC | SHS | G33856108 |  | 17626346 | 3798781 | SH |  | SOLE |  | 3798781 | 0 | 0 |
| FLUOR CORP NEW | COM | 343412102 |  | 718055 | 18119 | SH |  | SOLE |  | 18119 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 297299 | 22660 | SH |  | SOLE |  | 22660 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 6252592 | 123106 | SH |  | SOLE |  | 123106 | 0 | 0 |
| GENIE ENERGY LTD | CL B | 372284208 |  | 2213068 | 160600 | SH |  | SOLE |  | 160600 | 0 | 0 |
| GLOBUS MED INC | CL A | 379577208 |  | 8863449 | 101517 | SH |  | SOLE |  | 101517 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 2204766 | 59252 | SH |  | SOLE |  | 59252 | 0 | 0 |
| HECLA MNG CO | COM | 422704106 |  | 1069074 | 55710 | SH |  | SOLE |  | 55710 | 0 | 0 |
| HEXCEL CORP NEW | COM | 428291108 |  | 466826 | 6317 | SH |  | SOLE |  | 6317 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 3010122 | 22950 | SH |  | SOLE |  | 22950 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 247045 | 6695 | SH |  | SOLE |  | 6695 | 0 | 0 |
| IPG PHOTONICS CORP | COM | 44980X109 |  | 2757459 | 38512 | SH |  | SOLE |  | 38512 | 0 | 0 |
| KBR INC | COM | 48242W106 |  | 876440 | 21802 | SH |  | SOLE |  | 21802 | 0 | 0 |
| KENNEDY-WILSON HOLDINGS INC | COM | 489398107 |  | 4835000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 3002132 | 14775 | SH |  | SOLE |  | 14775 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 2470391 | 8415 | SH |  | SOLE |  | 8415 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 989224 | 2320 | SH |  | SOLE |  | 2320 | 0 | 0 |
| LITHIUM AMERS CORP NEW | COM SHS | 53681J103 |  | 3520224 | 807391 | SH |  | SOLE |  | 807391 | 0 | 0 |
| LITHIUM ARGENTINA AG | COM SHS | H5012F103 |  | 184636 | 33089 | SH |  | SOLE |  | 33089 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 25956235 | 53665 | SH |  | SOLE |  | 53665 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 321707 | 1334 | SH |  | SOLE |  | 1334 | 0 | 0 |
| MATERION CORP | COM | 576690101 |  | 904428 | 7275 | SH |  | SOLE |  | 7275 | 0 | 0 |
| MKS INC. | COM | 55306N104 |  | 2612730 | 16350 | SH |  | SOLE |  | 16350 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 1191716 | 23589 | SH |  | SOLE |  | 23589 | 0 | 0 |
| MURPHY OIL CORP | COM | 626717102 |  | 3125000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| NEXGEN ENERGY LTD | COM | 65340P106 |  | 25003714 | 2717795 | SH |  | SOLE |  | 2717795 | 0 | 0 |
| NOBLE CORP PLC | ORD SHS A | G65431127 |  | 2269196 | 80354 | SH |  | SOLE |  | 80354 | 0 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 10297464 | 1591571 | SH |  | SOLE |  | 1591571 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 1014973 | 1780 | SH |  | SOLE |  | 1780 | 0 | 0 |
| NOV INC | COM | 62955J103 |  | 864854 | 55333 | SH |  | SOLE |  | 55333 | 0 | 0 |
| OCEANEERING INTL INC | COM | 675232102 |  | 13054802 | 543271 | SH |  | SOLE |  | 543271 | 0 | 0 |
| ODYSSEY MARINE EXPL INC | COM NEW | 676118201 |  | 10773038 | 5496448 | SH |  | SOLE |  | 5496448 | 0 | 0 |
| PBF ENERGY INC | CL A | 69318G106 |  | 3815512 | 140690 | SH |  | SOLE |  | 140690 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 924774 | 78040 | SH |  | SOLE |  | 78040 | 0 | 0 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 319326 | 8985 | SH |  | SOLE |  | 8985 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 1016519 | 19967 | SH |  | SOLE |  | 19967 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 1137226 | 14210 | SH |  | SOLE |  | 14210 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 285920 | 1559 | SH |  | SOLE |  | 1559 | 0 | 0 |
| SCIENCE APPLICATIONS INTL CO | COM | 808625107 |  | 462532 | 4595 | SH |  | SOLE |  | 4595 | 0 | 0 |
| SLB LIMITED | COM STK | 806857108 |  | 2028843 | 52862 | SH |  | SOLE |  | 52862 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 396310 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 11013469 | 125983 | SH |  | SOLE |  | 125983 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 5898682 | 132973 | SH |  | SOLE |  | 132973 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 2175709 | 4260 | SH |  | SOLE |  | 4260 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 1263201 | 2180 | SH |  | SOLE |  | 2180 | 0 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 3987764 | 78950 | SH |  | SOLE |  | 78950 | 0 | 0 |
| TMC THE METALS COMPANY INC | COM | 87261Y106 |  | 11490687 | 1862348 | SH |  | SOLE |  | 1862348 | 0 | 0 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 392350 | 95000 | SH |  | SOLE |  | 95000 | 0 | 0 |
| TRILOGY METALS INC NEW | COM | 89621C105 |  | 20166864 | 4679087 | SH |  | SOLE |  | 4679087 | 0 | 0 |
| U HAUL HOLDING COMPANY | COM | 023586100 |  | 7730373 | 153350 | SH |  | SOLE |  | 153350 | 0 | 0 |
| UR-ENERGY INC | COM | 91688R108 |  | 76602 | 55110 | SH |  | SOLE |  | 55110 | 0 | 0 |
| VALARIS LTD | CL A | G9460G101 |  | 3787459 | 75148 | SH |  | SOLE |  | 75148 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 1199802 | 92080 | SH |  | SOLE |  | 92080 | 0 | 0 |
| VEECO INSTRS INC DEL | COM | 922417100 |  | 2041412 | 71428 | SH |  | SOLE |  | 71428 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 6868093 | 42393 | SH |  | SOLE |  | 42393 | 0 | 0 |
| VIRTU FINL INC | CL A | 928254101 |  | 12384966 | 371697 | SH |  | SOLE |  | 371697 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 2283122 | 6510 | SH |  | SOLE |  | 6510 | 0 | 0 |
| WARRIOR MET COAL INC | COM | 93627C101 |  | 7041432 | 79862 | SH |  | SOLE |  | 79862 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 428873 | 1952 | SH |  | SOLE |  | 1952 | 0 | 0 |
| WEATHERFORD INTL PLC | ORD SHS | G48833118 |  | 6791089 | 86776 | SH |  | SOLE |  | 86776 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 749048 | 8037 | SH |  | SOLE |  | 8037 | 0 | 0 |

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