Q2 2025 · 13F-HR
Mountain Lake Investment Management LLCholdings as filed
Filed 2025-08-14 · accession 0001754960-25-000610
$120.2M
Reported value
27
Positions
2025-06-30
Period end
The Brief · Mountain Lake Investment Management LLC · Q2 2025
AI · grounded in 13F
Mountain Lake Investment Management LLC established a new position in SGOL valued at $16.27M. The fund also initiated new stakes in PHYS for $12.44M and AN for $10.42M. Additional new positions include DHI at $9.51M and BLDR at $9.47M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 00326A104 | SGOL | ETFS GOLD TR | $16.3M | 13.5% | 515,933 | Common | NONE |
| 85207H104 | PHYS | SPROTT PHYSICAL GOLD TR | $12.4M | 10.3% | 490,593 | Common | NONE |
| 05329W102 | AN | AUTONATION INC | $10.4M | 8.67% | 52,458 | Common | NONE |
| 23331A109 | DHI | D R HORTON INC | $9.5M | 7.92% | 73,790 | Common | NONE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $9.5M | 7.88% | 81,145 | Common | NONE |
| 01748X102 | ALGT | ALLEGIANT TRAVEL CO | $8.1M | 6.75% | 147,702 | Common | NONE |
| 82983N108 | SB9 | SITIO ROYALTIES CORP | $7.9M | 6.60% | 431,746 | Common | NONE |
| G7997W102 | SDRL | SEADRILL LTD | $6.3M | 5.26% | 240,960 | Common | NONE |
| 26875P101 | EOG | EOG RES INC | $5.9M | 4.88% | 49,035 | Common | NONE |
| G65431127 | NE | NOBLE CORP PLC | $5.5M | 4.58% | 207,123 | Common | NONE |
| 63900P608 | NRP | NATURAL RESOURCE PARTNERS L | $3.6M | 2.98% | 37,550 | Common | NONE |
| 03674X106 | AR | ANTERO RESOURCES CORP | $3.3M | 2.71% | 80,720 | Common | NONE |
| 74022D407 | PDS | PRECISION DRILLING CORP | $2.9M | 2.43% | 61,712 | Common | NONE |
| 29273V100 | ET | ENERGY TRANSFER L P | $2.1M | 1.74% | 115,617 | Common | NONE |
| 89679M104 | TFPM | TRIPLE FLAG PRECIOUS METAL | $1.8M | 1.54% | 77,979 | Common | NONE |
| 30292L107 | FRPH | FRP HLDGS INC | $1.8M | 1.49% | 66,799 | Common | NONE |
| 003260106 | PPLT | ABRDN PLATINUM ETF TRUST | $1.7M | 1.43% | 13,960 | Common | NONE |
| 06417N103 | OZK | BANK OZK LITTLE ROCK ARK | $1.6M | 1.37% | 35,026 | Common | NONE |
| 726503105 | PAA | PLAINS ALL AMERN PIPELINE L | $1.6M | 1.35% | 88,281 | Common | NONE |
| 48238T109 | OPLN | OPENLANE INC | $1.6M | 1.32% | 65,036 | Common | NONE |
| G9460G101 | VAL | VALARIS LTD | $1.4M | 1.19% | 33,925 | Common | NONE |
| 218937100 | CNR | CORE NATURAL RESOURCES INC | $1.1M | 0.91% | 15,766 | Common | NONE |
| 01973R101 | ALSN | ALLISON TRANSMISSION HLDGS I | $922,638 | 0.77% | 9,713 | Common | NONE |
| 790148100 | JOE | ST JOE CO | $892,372 | 0.74% | 18,708 | Common | NONE |
| 704551100 | BTU | PEABODY ENERGY CORP | $796,410 | 0.66% | 59,345 | Common | NONE |
| 85207K107 | PSLV | SPROTT PHYSICAL SILVER TR | $776,946 | 0.65% | 63,476 | Common | NONE |
| 016230104 | ALCO | ALICO INC | $334,512 | 0.28% | 10,236 | Common | NONE |
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.