Q1 2026 · 13F-HR
Mountain Lake Investment Management LLCholdings as filed
Filed 2026-05-15 · accession 0001754960-26-000390
$154.8M
Reported value
29
Positions
2026-03-31
Period end
The Brief · Mountain Lake Investment Management LLC · Q1 2026
AI · grounded in 13F
Mountain Lake Investment Management LLC closed its position in ALGT, reducing exposure by $10.79M. The fund established three new positions, led by a $9.69M investment in RRC, followed by MOH at $6.75M and AGM at $6.36M. Other activity included closing positions in EOG and PPLT while increasing its stake in NRP by 17.36%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 85207H104 | PHYS | SPROTT ASSET MANAGEMENT LP | $16.0M | 10.3% | 450,344 | Common | SOLE |
| 00326A104 | SGOL | ETFS GOLD TR | $14.5M | 9.37% | 324,918 | Common | SOLE |
| 01973R101 | ALSN | ALLISON TRANSMISSION HLDGS I | $13.1M | 8.45% | 111,803 | Common | SOLE |
| 64361Q101 | VNOM | VIPER ENERGY INC | $12.0M | 7.77% | 256,139 | Common | SOLE |
| 05329W102 | AN | AUTONATION INC | $11.0M | 7.12% | 56,445 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $10.2M | 6.59% | 207,795 | Common | SOLE |
| 75281A109 | RRC | RANGE RES CORP | $9.7M | 6.26% | 214,515 | Common | SOLE |
| 63900P608 | NRP | NATURAL RESOURCE PARTNERS LP | $9.3M | 5.99% | 76,673 | Common | SOLE |
| 23331A109 | DHI | D R HORTON INC | $9.0M | 5.81% | 65,590 | Common | SOLE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $8.6M | 5.57% | 104,641 | Common | SOLE |
| 60855R100 | MOH | MOLINA HEALTHCARE INC | $6.7M | 4.36% | 50,618 | Common | SOLE |
| 313148306 | AGM | FEDERAL AGRIC MTG CORP | $6.4M | 4.11% | 42,844 | Common | SOLE |
| 423452101 | HP | HELMERICH & PAYNE INC | $4.3M | 2.75% | 118,197 | Common | SOLE |
| 03674X106 | AR | ANTERO RESOURCES CORP | $4.2M | 2.72% | 99,192 | Common | SOLE |
| 89679M104 | TFPM | TRIPLE FLAG PRECIOUS METAL | $3.1M | 2.02% | 90,203 | Common | SOLE |
| G7997W102 | SDRL | SEADRILL LTD | $2.4M | 1.52% | 51,812 | Common | SOLE |
| 48238T109 | OPLN | OPENLANE INC | $2.3M | 1.50% | 79,537 | Common | SOLE |
| 726503105 | PAA | PLAINS ALL AMERN PIPELINE L | $1.9M | 1.24% | 86,237 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER L P | $1.9M | 1.24% | 99,285 | Common | SOLE |
| 85207K107 | PSLV | SPROTT ASSET MANAGEMENT LP | $1.6M | 1.05% | 66,874 | Common | SOLE |
| 128030202 | CALM | CAL MAINE FOODS INC | $1.4M | 0.89% | 17,505 | Common | SOLE |
| 20451N101 | CMP | COMPASS MINERALS INTL INC | $1.3M | 0.84% | 55,636 | Common | SOLE |
| 23918K108 | DVA | DAVITA INC | $1.1M | 0.71% | 7,153 | Common | SOLE |
| 032108649 | SILJ | AMPLIFY ETF TR | $899,030 | 0.58% | 30,250 | Common | SOLE |
| G9460G101 | VAL | VALARIS LTD | $810,791 | 0.52% | 8,270 | Common | SOLE |
| 011532108 | AGI | ALAMOS GOLD INC | $355,440 | 0.23% | 8,000 | Common | SOLE |
| 806857108 | SLB | SLB LIMITED | $278,791 | 0.18% | 5,425 | Common | SOLE |
| 982104101 | WS | WORTHINGTON STL INC | $227,625 | 0.15% | 7,500 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $215,670 | 0.14% | 750 | 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.