Q2 2025 · 13F-HR
Mudita Advisors LLPholdings as filed
Filed 2025-08-14 · accession 0001172661-25-003390
$298.1M
Reported value
19
Positions
2025-06-30
Period end
The Brief · Mudita Advisors LLP · Q2 2025
AI · grounded in 13F
Mudita Advisors LLP established a new position in HGV valued at $89.03M. The fund also initiated new stakes in ESTA for $25.65M and HCC for $25.60M. Additional new positions include CNQ, IAG, and HBM.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 43283X105 | HGV | HILTON GRAND VACATIONS INC | $89.0M | 29.9% | 2,143,860 | Common | SOLE |
| G31249108 | ESTA | ESTABLISHMENT LABS HLDGS INC | $25.7M | 8.61% | 600,664 | Common | SOLE |
| 93627C101 | HCC | WARRIOR MET COAL INC | $25.6M | 8.59% | 558,565 | Common | SOLE |
| 136385101 | CNQ | CANADIAN NAT RES LTD | $20.0M | 6.71% | 637,044 | Common | SOLE |
| 450913108 | IAG | IAMGOLD CORP | $19.7M | 6.61% | 2,681,600 | Common | SOLE |
| 443628102 | HBM | HUDBAY MINERALS INC | $14.4M | 4.83% | 1,357,105 | Common | SOLE |
| 284902509 | EGO | ELDORADO GOLD CORP NEW | $13.4M | 4.49% | 658,500 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $12.9M | 4.33% | 110,300 | Common | SOLE |
| 011532108 | AGI | ALAMOS GOLD INC NEW | $12.7M | 4.26% | 477,804 | Common | SOLE |
| G3643J108 | FLUT | FLUTTER ENTMT PLC | $10.5M | 3.52% | 36,809 | Common | SOLE |
| 552953101 | MGM | MGM RESORTS INTERNATIONAL | $10.4M | 3.51% | 303,838 | Common | SOLE |
| 09225M101 | BSM | BLACK STONE MINERALS L P | $10.0M | 3.34% | 760,877 | Common | SOLE |
| 496902404 | KGC | KINROSS GOLD CORP | $7.8M | 2.60% | 496,800 | Common | SOLE |
| 57777K106 | MXCT | MAXCYTE INC | $7.3M | 2.46% | 3,370,689 | Common | SOLE |
| 876511106 | TGB | TASEKO MINES LTD | $5.0M | 1.68% | 1,589,701 | Common | SOLE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $4.2M | 1.42% | 111,800 | Common | SOLE |
| 629579103 | NC | NACCO INDS INC | $4.1M | 1.38% | 92,520 | Common | SOLE |
| 01921D204 | AAUC | ALLIED GOLD CORP | $3.1M | 1.05% | 233,334 | Common | SOLE |
| G60409110 | MTALEUR | MAC COPPER LIMITED | $2.2M | 0.74% | 183,668 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.