Corecommodity Management, Llc
- Regulatory AUM
- $2.4B
- Discretionary
- $2.4B
- Clients
- 16
- Avg AUM / client
- $151M
- Accounts
- 17
- Employees
- 30
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Investments (13F portfolio — 119 positions, $537,945,451)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Alps Corecommodity Ntrl Res | CORECOMMODITY NA | $336,653,747 | 8,395,125 | 62.6% | 13.9% |
| 2 | Nutrien Ltd | COM | $7,494,473 | 99,318 | 1.39% | 0.31% |
| 3 | Sm Energy Co | COM | $6,574,365 | 210,852 | 1.22% | 0.27% |
| 4 | Murphy Oil Corp | COM | $5,485,343 | 132,978 | 1.02% | 0.23% |
| 5 | Chord Energy Corp | COM NEW | $5,236,916 | 36,833 | 0.97% | 0.22% |
| 6 | Mosaic Co/The | COM | $4,806,495 | 188,490 | 0.89% | 0.2% |
| 7 | Liberty Energy Inc | COM CL A | $4,575,629 | 158,876 | 0.85% | 0.19% |
| 8 | Darling Ingredients Inc | COM | $4,389,927 | 70,977 | 0.82% | 0.18% |
| 9 | Eog Resources Inc | COM | $4,371,941 | 30,241 | 0.81% | 0.18% |
| 10 | Corteva Inc | COM | $4,327,640 | 51,698 | 0.8% | 0.18% |
| 11 | Cf Industries Holdings Inc | COM | $4,238,886 | 32,647 | 0.79% | 0.18% |
| 12 | Matador Resources Co | COM | $4,220,614 | 66,803 | 0.78% | 0.17% |
| 13 | Conocophillips | COM | $3,918,420 | 29,685 | 0.73% | 0.16% |
| 14 | Bunge Global Sa | SHS | $3,870,083 | 122,785 | 0.72% | 0.16% |
| 15 | Patterson Uti Energy Inc | COM | $3,826,239 | 353,300 | 0.71% | 0.16% |
| 16 | California Resources Corp | COM STOCK | $3,720,229 | 53,745 | 0.69% | 0.15% |
| 17 | Tidewater Inc | COM | $3,574,603 | 42,784 | 0.66% | 0.15% |
| 18 | Coterra Energy Inc | COM | $3,455,351 | 98,331 | 0.64% | 0.14% |
| 19 | Occidental Petroleum Corp | COM | $3,423,680 | 52,672 | 0.64% | 0.14% |
| 20 | Canadian Natural Resources | COM | $3,399,764 | 69,922 | 0.63% | 0.14% |
| 21 | Daqo New Energy Corp Adr | SPNSRD ADS NEW | $3,147,598 | 147,983 | 0.59% | 0.13% |
| 22 | Devon Energy Corp | COM | $3,080,641 | 61,221 | 0.57% | 0.13% |
| 23 | Permian Resources Corp Cl A | CLASS A COM | $2,955,613 | 138,631 | 0.55% | 0.12% |
| 24 | Kodiak Gas Services Inc | COM | $2,925,098 | 50,156 | 0.54% | 0.12% |
| 25 | Halliburton Co | COM | $2,873,485 | 73,698 | 0.53% | 0.12% |
Top 25 of 119 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 6 | $1.8B | 74.5% |
| Pooled investment vehicles (non-investment companies) | 10 | $407M | 16.8% |
| Other investment advisers | Fewer than 5 clients | $209M | 8.65% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $112M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Corecommodity Management Founders Absolute Return Master Fund, Ltd. master | Hedge Fund | Cayman Islands | $68.6M | 17 |
| Corecommodity Management Founders I Master Fund, Ltd. master | Hedge Fund | Cayman Islands | $43.0M | 9 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Sheet Metal Workers' Local 100 Washington, D.C. Area Pension Fund Bd Ttees Sheet Metal Workers' Local 100 Washington | 2024 | |
| United Mine Workers Of America 1974 Pension Trust Employees' Pension Plan United Mine Workers Of America 1974 Pension Trust | 2024 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Dechiara, Adam, Christopher | Co President | Nov 2003 (23y) | ≈ 18.75% – 56.25% via Coremanagement Llc | |
| Klein, Bradford, L | Co President | Nov 2003 (23y) | ≈ 18.75% – 56.25% via Coremanagement Llc | |
| Kaplan, Michael, Samuel | Director Of Operations | Jan 2004 (23y) | Less than 5% | |
| Streichler, Todd, Alan | Chief Financial Officer | Mar 2004 (22y) | Less than 5% | |
| Kaplan, Andrew, Robert | Chief Operating Officer And Chief Legal Officer | Apr 2004 (22y) | Less than 5% | |
| Sheehy, Michael, Sanders | Managing Director & Chief Compliance Officer | Jul 2007 (19y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Corecommodity Capital Llc | Managing Member | Sep 2013 | A | 75% or more |
| Jefferies Financial Group, Inc. | Member | Jun 2013 | B | ≈ 28.13% – 75% via Leucadia Asset Management Holdings Llc |
| Coremanagement Llc | Managing Member | Sep 2013 | B | ≈ 37.5% – 75% via Corecommodity Capital Llc |
| Leucadia Asset Management Holdings Llc | Member | Dec 2021 | B | ≈ 37.5% – 75% via Corecommodity Capital Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Dechiara, Adam, Christopher: 50% – 75% of Coremanagement Llc × 50% – 75% of Corecommodity Capital Llc × 75% – 100% direct ≈ 18.75% – 56.25% of the firm
- Klein, Bradford, L: 50% – 75% of Coremanagement Llc × 50% – 75% of Corecommodity Capital Llc × 75% – 100% direct ≈ 18.75% – 56.25% of the firm
- Jefferies Financial Group, Inc.: 75% – 100% of Leucadia Asset Management Holdings Llc × 50% – 75% of Corecommodity Capital Llc × 75% – 100% direct ≈ 28.13% – 75% of the firm
- Coremanagement Llc: 50% – 75% of Corecommodity Capital Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Leucadia Asset Management Holdings Llc: 50% – 75% of Corecommodity Capital Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $112M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Corecommodity Management Founders Absolute Return Master Fund, Ltd. | Hedge Fund | $68.6M | $1.0M | 17 |
| Corecommodity Management Founders I Master Fund, Ltd. | Hedge Fund | $43.0M | $1.0M | 9 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (2)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Sheet Metal Workers' Local 100 Washington, D.C. Area Pension Fund | Bd Ttees Sheet Metal Workers' Local 100 Washington | 1,336 | $392M | 04/01/2024 |
| United Mine Workers Of America 1974 Pension Trust Employees' Pension Plan | United Mine Workers Of America 1974 Pension Trust | 179 | $63.2M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 1.61 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- State Street $314M (10% of AUM) Mar 2025
- Brown Brothers Harriman & Co. $246M (7% of AUM) Mar 2018
- Northern Trust $191M (9% of AUM) Mar 2021
- J.P. Morgan $186M (5% of AUM) Mar 2022
- Citibank $165M (7% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗