Condire Management, LP: SIBANYE STILLWATER LTD (SBSW): Quarterly 13F Position History
As of Q1 2026, Condire Management, LP reported 5,244,469 shares of SIBANYE STILLWATER LTD (SBSW), worth $64.6M and representing 6.2% of its 13F equity book. The position first appeared in Q1 2021 and has been disclosed across 21 13F-HR filings in Pactolio's tracked window.
- 5,244,469Shares Held (Latest Filing)
- $64.6MReported Market Value (Latest Filing)
- 6.2%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- -$10.1MQuarter-over-Quarter Value Change
- 6,386,739Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 21 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 5,244,469 | 0 | — | $64.6M | 6.2% | $12.3 |
| Q4 2025 | 5,244,469 | +279,540 | +5.6% | $74.7M | 7.8% | $14.3 |
| Q3 2025 | 4,964,929 | 1,421,810 | -22.3% | $55.8M | 6.7% | $11.2 |
| Q2 2025 | 6,386,739 | +2,596,184 | +68.5% | $46.1M | 6.6% | $7.2 |
| Q1 2025 | 3,790,555 | 0 | — | $17.4M | 2.6% | $4.6 |
| Q4 2024 | 3,790,555 | 0 | — | $12.5M | 1.8% | $3.3 |
| Q3 2024 | 3,790,555 | 0 | — | $15.6M | 2.0% | $4.1 |
| Q2 2024 | 3,790,555 | 0 | — | $16.5M | 2.2% | $4.3 |
| Q1 2024 | 3,790,555 | 0 | — | $17.9M | 2.4% | $4.7 |
| Q4 2023 | 3,790,555 | 0 | — | $20.6M | 3.2% | $5.4 |
| Q3 2023 | 3,790,555 | 0 | — | $23.4M | 4.0% | $6.2 |
| Q2 2023 | 3,790,555 | 0 | — | $23.7M | 4.8% | $6.2 |
| Q1 2023 | 3,790,555 | 0 | — | $31.5M | 6.3% | $8.3 |
| Q4 2022 | 3,790,555 | 2,246,322 | -37.2% | $40.4M | 7.5% | $10.7 |
| Q3 2022 | 6,036,877 | +551,002 | +10.0% | $56.3M | 11.8% | $9.3 |
| Q2 2022 | 5,485,875 | 0 | — | $54.7M | 11.8% | $10.0 |
| Q1 2022 | 5,485,875 | +642,362 | +13.3% | $89.0M | 20.0% | $16.2 |
| Q4 2021 | 4,843,513 | 81,178 | -1.6% | $60.7M | 13.9% | $12.5 |
| Q3 2021 | 4,924,691 | 0 | — | $60.8M | 15.6% | $12.3 |
| Q2 2021 | 4,924,691 | +223,501 | +4.8% | $82.4M | 17.6% | $16.7 |
| Q1 2021 | 4,701,190 | — | — | $84.0M | 25.1% | $17.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Condire Management, LP first disclose a SBSW position in 13F-HR filings?
Condire Management, LP first reported SIBANYE STILLWATER LTD (SBSW) on its 13F-HR filing for the period ending 2021-03-31 (Q1 2021). The position has appeared on 21 reported quarters within Pactolio's tracked window.
What was Condire Management, LP's most recent quarter-over-quarter share-count change in SBSW?
Condire Management, LP held the same 5,244,469 shares of SBSW between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent Condire Management, LP's cost basis in SBSW?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.