9AT: NOKOMIS CAPITAL, L.L.C.

other names

NOKOMIS CAPITAL, L.L.C.

Adviser Profile

As of Date	03/28/2025
ADV Location	DALLAS, TX, United States
Adviser Type - Large advisory firm
Number of Employees	5 25%
of those in investment advisory functions	3
Registration	SEC, Approved, 04/17/2012
Other registrations (1)	Texas, Terminated, 02/22/2013

AUM^*	621,196,000 -3%
of that, discretionary	621,196,000 17%
Private Fund GAV^*	473,417,000
Avg Account Size	310,598,000 17%
SMA’s	Yes
Private Funds	3
Contact Info	972 xxxxxxx

Client Types

- Pooled investment vehicles
- Charitable organizations

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Fund Type	Count	GAV
Fund TypeHedge Fund	Count3	GAV$473,417,000

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser 272 CAPITAL LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM141.9m	#Funds-
Adviser CONTRAVISORY INVESTMENT MANAGEMENT, INC.	Hedge Fund96.2m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV96.2m	AUM628.2m	#Funds2
Adviser PUNCH CARD MANAGEMENT	Hedge Fund531.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV531.0m	AUM531.0m	#Funds1
Adviser SKAANA MANAGEMENT L.P.	Hedge Fund367.5m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV367.5m	AUM367.5m	#Funds1
Adviser ARVIN CAPITAL MANAGEMENT LP	Hedge Fund333.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV333.0m	AUM718.8m	#Funds3
Adviser ORANGE INVESTMENT ADVISORS, LLC	Hedge Fund20.2k	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV20.2k	AUM662.7m	#Funds1
Adviser RK CAPITAL MANAGEMENT, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM549.0m	#Funds-
Adviser NIGHT OWL CAPITAL MANAGEMENT, LLC	Hedge Fund151.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV151.0m	AUM865.8m	#Funds1
Adviser ENDURANT CAPITAL MANAGEMENT LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM98.3m	#Funds-
Adviser TRUFFLE HOUND CAPITAL, LLC	Hedge Fund541.5m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV541.5m	AUM541.5m	#Funds1

Stock Ticker	Stock Name	$ Position	% Position	$ Change	# Change
Stck Ticker46090E103	Stock NameINVESCO QQQ TR (PUT)	$ Position$28,937,834	% Position8.00%	$ Change	# Change
Stck Ticker78463V107	Stock NameSPDR GOLD TR (CALL)	$ Position$31,530,189	% Position8.00%	$ Change-28.00%	# Change-38.00%
Stck Ticker44955L106	Stock NameI-80 GOLD CORP	$ Position$21,901,847	% Position6.00%	$ Change41.00%	# Change-12.00%
Stck Ticker552953101	Stock NameMGM RESORTS INTERNATIONAL	$ Position$22,807,562	% Position6.00%	$ Change-5.00%	# Change-6.00%
Stck Ticker46428Q109	Stock NameISHARES SILVER TR (CALL)	$ Position$17,930,984	% Position5.00%	$ Change89.00%	# Change47.00%
Stck Ticker92189F106	Stock NameVANECK ETF TRUST	$ Position$17,036,054	% Position5.00%	$ Change36.00%	# Change-7.00%
Stck Ticker644535106	Stock NameNEW GOLD INC CDA	$ Position$13,557,147	% Position4.00%	$ Change43.00%	# Change-1.00%
Stck Ticker65340P106	Stock NameNEXGEN ENERGY LTD	$ Position$13,308,185	% Position4.00%	$ Change23.00%	# Change-5.00%
Stck Ticker443628102	Stock NameHUDBAY MINERALS INC	$ Position$13,162,367	% Position4.00%	$ Change36.00%	# Change-5.00%
Stck Ticker192108504	Stock NameCOEUR MNG INC	$ Position$13,660,488	% Position4.00%	$ Change110.00%	# Change-1.00%

Brochure Summary

Overview

Nokomis Capital, L.L.C., founded in October 2007, is an investment services firm specializing in investment management for hedge funds and separately managed accounts for certain clients. The principal owner of our firm is Brett A. Hendrickson. We currently manage a private pooled investment master-feeder fund structure wherein the feeder funds place their assets in the master fund and the investment program is conducted at the master-fund level (collectively, the “fund clients”) and a separately managed account for an institutional client (the “managed account client”). Although the master fund described in Section 7.B.(1) of Schedule D of our Part 1A of Form ADV is treated as our client for purposes of our Part 1A of Form ADV, the fund clients and the managed account client are referred to collectively herein as our “clients”. This firm brochure is not an offer to invest in our fund clients. We perform a detailed analysis and modeling of individual companies for our clients against a backdrop of analysis of pricing trends for various markets. We utilize a range of investment strategies for our clients,

including investing in publicly traded equity securities, both long and short, as well as in a broad array of other securities in public markets. We employ a long/short strategy to both mitigate risk as well as maximize returns. For more information on the investment strategy of our clients, please see Item 5: Method of Analysis, Investment Strategy and Risk of Loss. Our firm tailors our advisory services in accordance with our clients’ needs and investment strategy as disclosed in the offering documents of the feeder funds or the managed account agreement, as applicable. Our clients generally may not impose restrictions on our ability to invest in certain securities or types of securities, other than the restrictions set forth in the offering documents of the feeder funds and the managed account agreement with our managed account client, as applicable. We do not participate in any wrap fee programs. As of December 31, 2023, we manage $641,299,648 of client regulatory assets on a discretionary basis. We do not manage any client assets on a non-discretionary basis.

NOKOMIS CAPITAL, L.L.C.

Adviser Profile

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Top Holdings

Brochure Summary

Overview