Q2 2025 · 13F-HR
Helikon Investments Ltdholdings as filed
Filed 2025-08-08 · accession 0001839497-25-000005
$1.61B
Reported value
19
Positions
2025-06-30
Period end
The Brief · Helikon Investments Ltd · Q2 2025
AI · grounded in 13F
Helikon Investments Ltd initiated a new position in MGM valued at $302.9M. The fund also established new holdings in CAAP for $270.3M and SKE for $223.3M. Additional new positions include AAUC, CNL, and EGO. Total assets under management stand at $1.61B across 19 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 552953101 | MGM | MGM RESORTS INTERNATIONAL | $303.0M | 18.8% | 8,810,322 | Common | SOLE |
| L1995B107 | CAAP | CORPORACION AMER ARPTS S A | $270.3M | 16.8% | 13,342,552 | Common | SOLE |
| 83056P715 | SKE | SKEENA RES LTD NEW | $223.4M | 13.8% | 14,030,111 | Common | SOLE |
| 01921D204 | AAUC | ALLIED GOLD CORP | $159.4M | 9.88% | 11,791,913 | Common | SOLE |
| 19425C100 | CNL | COLLECTIVE MINING LTD | $108.5M | 6.72% | 9,916,894 | Common | SOLE |
| 284902509 | EGO | ELDORADO GOLD CORP NEW | $96.8M | 6.00% | 4,760,879 | Common | SOLE |
| 44891N208 | IAC | IAC INC | $76.1M | 4.71% | 2,036,840 | Common | SOLE |
| 91822M502 | VEON | VEON LTD | $67.4M | 4.17% | 1,462,295 | Common | SOLE |
| 29244A102 | EDN | EMPRESA DIST Y COMERCIAL NOR | $47.4M | 2.94% | 1,788,285 | Common | SOLE |
| P5626F128 | IFS | INTERCORP FINL SVCS INC | $45.3M | 2.81% | 1,188,211 | Common | SOLE |
| 29446Y502 | EQX | EQUINOX GOLD CORP | $44.3M | 2.74% | 7,699,497 | Common | SOLE |
| 697660207 | PAM | PAMPA ENERGIA S A | $34.2M | 2.12% | 492,578 | Common | SOLE |
| 450047303 | IRS | IRSA INVERSIONES Y REP S A | $33.0M | 2.04% | 2,367,181 | Common | SOLE |
| G3730H106 | CCIR | COHEN CIRCLE ACQUISITION COR | $27.3M | 1.69% | 2,492,592 | Common | SOLE |
| L00849106 | AGRO | ADECOAGRO S A | $25.8M | 1.60% | 2,825,500 | Common | SOLE |
| 83419D201 | SLSR | SOLARIS RES INC | $22.0M | 1.37% | 4,811,620 | Common | SOLE |
| G4701H109 | IHS | IHS HOLDING LIMITED | $13.1M | 0.81% | 2,357,338 | Common | SOLE |
| 53680QAA6 | LARCN 1.75 01/15/27 | LITHIUM ARGENTINA AG | $12.2M | 0.76% | 14,611,000 | Common | SOLE |
| 226406106 | CRESY | CRESUD S A C I F Y A | $4.3M | 0.26% | 395,181 | 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.