Copying This Unknown Fund Would’ve 7x’d Your Money

TL;DR: TODAY’S EDITION

• Sailingstone is #8 on our 5 year leaderboard and a concentrated fund betting on energy, materials, and resources

• Copying their top picks would’ve made you +718% in 5 years (a 7x!)

• They thrive in tough markets (like 2022 and 2025 YTD)

• Not for passive investors — but very interesting for anyone seeking alpha outside the mainstream

SAILINGSTONE CAPITAL PARTNERS

You’ve Probably Never Heard of Them

Sailingstone Capital Partners isn’t flashy. They’re not on CNBC. They don’t chase hype stocks.

But if you’d simply copied their top holdings over the past 5 years — you’d be up +718%. That’s a 7x return, or ~50% per year. For context:

• S&P 500 in the same period? +87%

• Nasdaq 100? +125%

• Bitcoin? Still more volatile than your uncle’s opinions at Thanksgiving

Sailingstone ranks #8 on our 5-Year Top Investor List — and they didn’t get there by playing it safe.

🔍 Who Are They?

Sailingstone is a San Francisco–based investment firm that goes all-in on one theme: critical resources.

They bet big on companies that dig, drill, mine, and move the stuff the world runs on — copper, energy, fertilizer, rare earths.

Their portfolio is concentrated: just 12 stocks, mostly in Energy and Materials.

They’re not indexing. They’re not diversifying for safety. They’re making bold, thematic bets — and it’s worked.

📦 Top 10 Holdings (Q1 2025)

Sailingstone doesn’t dabble — they concentrate. Their portfolio is a 12-stock punch of conviction plays, almost entirely in energy and materials. These aren’t “household name” stocks. But that’s exactly the edge.

Here’s what they’re holding — and why it matters:

• Compass Minerals (CMP)

  Essential minerals like salt and potash. Recession-proof demand. Think agriculture, winter roads, and strategic minerals.

• Ivanhoe Electric (IE)

  Copper + critical metals + Robert Friedland. Long-term bet on electrification, grids, and infrastructure buildout.

• Range Resources (RRC)

  U.S. natural gas. Cheap, scalable, and vital in an energy-hungry world. A pure play on energy security.

• Mac Copper (MTAL)

  Copper exposure with a twist: this is the financial side of mining. Niche but levered to metal pricing upside.

• Antero Resources (AR)

  Another nat gas bet. One of the largest U.S. producers, high conviction position for Sailingstone since 2021.

• Linde PLC (LIN)

  Industrial gases powering everything from hospitals to hydrogen. A “steady compounder” in a cyclical portfolio.

• Cameco (CCJ)

  Uranium. A long-dated call option on nuclear energy becoming fashionable again. Volatile — but asymmetric upside.

• Enterprise Products (EPD)

  Pipelines = toll roads for oil & gas. Reliable cash flows, big yield. Infrastructure pick with inflation protection.

• Williams Companies (WMB)

  Similar to EPD: U.S. pipeline backbone. Defensive energy exposure with strong balance sheet.

• Nutrien (NTR)

  Fertilizer giant. Tied to food security and global crop production — especially relevant in an inflationary world.

You’ve probably never heard of most of these. That’s the point.

• They’re not betting on AI.

• They’re not loading up on Apple, Meta, or Nvidia.

• They’re building a portfolio for a world where resources matter more than narratives.

This is the anti-momentum play. It’s patient capital — and when the market rotates back to value, commodities, or chaos… it shines.

📊 Performance: Sailingstone vs. the Market

Let’s talk numbers — because this is where Sailingstone really separates from the herd.

If you’d mirrored their top holdings (with weightings) over the past 5 years, you’d be sitting on a +718% return. That’s a 7x — or about +50% per year. No leverage. No crypto. Just concentrated, conviction-driven stock picking.

Here’s the year-by-year breakdown:

Data as of June 13th 2025.

What this tells us:

• Asymmetry is their superpower.

  Sailingstone doesn’t beat the market every year — but when they do, they crush it. 2021 and 2022 alone more than covered any soft years.

• They shine when others suffer.

  In 2022, the S&P 500 dropped nearly –20%. Sailingstone printed +70%. That’s not defensive — that’s dominant.

• 2023 & 2024 were tougher.

  Their underperformance during those years reminds us: this is not a set-it-and-forget-it index mimic. It’s an active, high-conviction resource bet — and that can swing.

• But 2025? They’re back.

  While most portfolios tread water in a choppy, tariff-hit market, Sailingstone is up +23.4% YTD.

In good years, they do well. In bad years — they crush. That’s what makes them interesting.

🤔 Should You Copy Them Now?

If you’re building a portfolio that can hold up in chaos — inflation, geopolitics, supply chain shocks — Sailingstone’s style is worth watching.

You won’t always beat the market. But in the moments that matter most? You just might blow it away.

Want to See Who Outperformed Even Them?

Sailingstone ranks #8 in our 5-Year Top Investor Rankings. But there are 7 funds that did even better.

With Smart Money Premium, you’ll get access to:

• 🥇 The Top 20 Investors over 3, 5, and 7 years

• 📈 Their top holdings — updated quarterly

• 🧠 Copy-ready portfolios you can act on today

With Premium, you don’t have to guess who to follow. We already did the work for you.

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