Q3 2025 · 13F-HR
L1 Capital Pty Ltdholdings as filed
Filed 2025-11-14 · accession 0001817646-25-000004
$1.58B
Reported value
19
Positions
2025-09-30
Period end
The Brief · L1 Capital Pty Ltd · Q3 2025
AI · grounded in 13F
L1 Capital Pty Ltd established a new position in NexGen Energy Ltd NXE valued at $260.6M. The fund also initiated new stakes in Alcoa Corp AA for $219.7M and Equinox Gold Corp EQX for $203.7M. Other new additions include Eldorado Gold Corp New EGO and Hudbay Minerals Inc HBM. The fund ended the period with 19 positions and total AUM of $1.58B.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 65340P106 | NXE | NEXGEN ENERGY LTD | $260.6M | 16.5% | 30,838,591 | Common | SOLE |
| 013872106 | AA | ALCOA CORP | $219.7M | 13.9% | 5,887,699 | Common | SOLE |
| 29446Y502 | EQX | EQUINOX GOLD CORP | $203.7M | 12.9% | 17,396,415 | Common | SOLE |
| 284902509 | EGO | ELDORADO GOLD CORP NEW | $190.9M | 12.1% | 7,128,239 | Common | SOLE |
| 443628102 | HBM | HUDBAY MINERALS INC | $134.1M | 8.46% | 8,379,964 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $113.7M | 7.18% | 6,517,479 | Common | SOLE |
| 876511106 | TGB | TASEKO MINES LTD | $107.7M | 6.80% | 24,479,399 | Common | SOLE |
| 65249B208 | NWS | NEWS CORP NEW | $102.6M | 6.48% | 3,387,548 | Common | SOLE |
| 16119P108 | CHTR | CHARTER COMMUNICATIONS INC N | $63.7M | 4.02% | 289,544 | Common | SOLE |
| 248356107 | DNN | DENISON MINES CORP | $44.4M | 2.80% | 14,007,218 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $40.3M | 2.55% | 356,888 | Common | SOLE |
| 93627C101 | HCC | WARRIOR MET COAL INC | $37.3M | 2.35% | 458,915 | Common | SOLE |
| 83419D201 | SLSR | SOLARIS RES INC | $32.6M | 2.06% | 4,929,623 | Common | SOLE |
| 03675P102 | AVR | ANTERIS TECHNOLOGIES GLOBAL | $27.2M | 1.72% | 6,838,136 | Common | SOLE |
| 670346105 | NUE | NUCOR CORP | $1.6M | 0.10% | 11,386 | Common | SOLE |
| 450913108 | IAG | IAMGOLD CORP | $1.5M | 0.09% | 117,958 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $1.0M | 0.06% | 25,475 | Common | SOLE |
| N00985106 | AER | AERCAP HOLDINGS NV | $833,862 | 0.05% | 6,272 | Common | SOLE |
| 98954M200 | Z | ZILLOW GROUP INC | $506,912 | 0.03% | 6,944 | 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.