Q3 2025 · 13F-HR
Mudita Advisors LLPholdings as filed
Filed 2025-11-13 · accession 0001172661-25-004771
$345.8M
Reported value
19
Positions
2025-09-30
Period end
The Brief · Mudita Advisors LLP · Q3 2025
AI · grounded in 13F
Mudita Advisors LLP established a new position in Hilton Grand Vacations Inc HGV valued at $97.5M. The fund also initiated new stakes in Warrior Met Coal Inc HCC for $35.8M and IAMGOLD Corp IAG for $34.7M. Additional new positions include Establishment Labs Hldgs Inc ESTA, MGM Resorts International MGM, and Canadian Nat Res Ltd CNQ.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 43283X105 | HGV | HILTON GRAND VACATIONS INC | $97.5M | 28.2% | 2,333,146 | Common | SOLE |
| 93627C101 | HCC | WARRIOR MET COAL INC | $35.8M | 10.4% | 562,665 | Common | SOLE |
| 450913108 | IAG | IAMGOLD CORP | $34.7M | 10.0% | 2,681,000 | Common | SOLE |
| G31249108 | ESTA | ESTABLISHMENT LABS HLDGS INC | $28.2M | 8.14% | 686,764 | Common | SOLE |
| 552953101 | MGM | MGM RESORTS INTERNATIONAL | $21.8M | 6.30% | 628,338 | Common | SOLE |
| 136385101 | CNQ | CANADIAN NAT RES LTD | $20.4M | 5.89% | 637,044 | Common | SOLE |
| 68634K106 | ORLA | ORLA MNG LTD NEW | $15.1M | 4.37% | 1,400,000 | Common | SOLE |
| 443628102 | HBM | HUDBAY MINERALS INC | $14.0M | 4.05% | 924,505 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $12.2M | 3.54% | 115,100 | Common | SOLE |
| 876511106 | TGB | TASEKO MINES LTD | $11.8M | 3.41% | 2,788,401 | Common | SOLE |
| 011532108 | AGI | ALAMOS GOLD INC NEW | $10.0M | 2.89% | 287,104 | Common | SOLE |
| 09225M101 | BSM | BLACK STONE MINERALS L P | $10.0M | 2.89% | 760,877 | Common | SOLE |
| G3643J108 | FLUT | FLUTTER ENTMT PLC | $9.8M | 2.84% | 38,536 | Common | SOLE |
| 57777K106 | MXCT | MAXCYTE INC | $5.3M | 1.54% | 3,370,689 | Common | SOLE |
| 01921D204 | AAUC | ALLIED GOLD CORP | $5.2M | 1.52% | 300,234 | Common | SOLE |
| 496902404 | KGC | KINROSS GOLD CORP | $4.3M | 1.25% | 174,335 | Common | SOLE |
| 629579103 | NC | NACCO INDS INC | $3.9M | 1.13% | 92,520 | Common | SOLE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $3.5M | 1.00% | 111,800 | Common | SOLE |
| G60409110 | MTALEUR | MAC COPPER LIMITED | $2.2M | 0.65% | 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.