Q3 2025 · 13F-HR
Helikon Investments Ltdholdings as filed
Filed 2025-11-10 · accession 0001839497-25-000007
$1.46B
Reported value
17
Positions
2025-09-30
Period end
The Brief · Helikon Investments Ltd · Q3 2025
AI · grounded in 13F
Helikon Investments Ltd established a new position in SKE valued at $310.9M. The fund also initiated new stakes in AAUC for $258M and CAAP for $243.4M. Additional new positions include CNL at $151.1M and MGM at $120.8M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 83056P715 | SKE | SKEENA RES LTD NEW | $310.9M | 21.3% | 16,871,819 | Common | SOLE |
| 01921D204 | AAUC | ALLIED GOLD CORP | $258.0M | 17.7% | 14,736,634 | Common | SOLE |
| L1995B107 | CAAP | CORPORACION AMER ARPTS S A | $243.4M | 16.7% | 13,430,445 | Common | SOLE |
| 19425C100 | CNL | COLLECTIVE MINING LTD | $151.1M | 10.3% | 10,455,037 | Common | SOLE |
| 552953101 | MGM | MGM RESORTS INTERNATIONAL | $120.8M | 8.27% | 3,486,261 | Common | SOLE |
| 893870204 | TGS | TRANSPORTADORA DE GAS SUR | $60.9M | 4.17% | 2,897,250 | Common | SOLE |
| 44891N208 | IAC | IAC INC | $45.2M | 3.09% | 1,325,799 | Common | SOLE |
| 83419D201 | SLSR | SOLARIS RES INC | $43.4M | 2.97% | 6,811,620 | Common | SOLE |
| 697660207 | PAM | PAMPA ENERGIA S A | $42.0M | 2.87% | 698,775 | Common | SOLE |
| 450047303 | IRS | IRSA INVERSIONES Y REP S A | $40.5M | 2.77% | 3,423,977 | Common | SOLE |
| P5626F128 | IFS | INTERCORP FINL SVCS INC | $37.7M | 2.58% | 935,698 | Common | SOLE |
| G4701H109 | IHS | IHS HOLDING LIMITED | $33.0M | 2.26% | 4,845,561 | Common | SOLE |
| 91822M502 | VEON | VEON LTD | $27.9M | 1.91% | 512,938 | Common | SOLE |
| 29244A102 | EDN | EMPRESA DIST Y COMERCIAL NOR | $27.8M | 1.90% | 1,788,285 | Common | SOLE |
| 53680QAA6 | LARCN 1.75 01/15/27 | LITHIUM ARGENTINA AG | $13.2M | 0.90% | 14,611,000 | Common | SOLE |
| 226406106 | CRESY | CRESUD S A C I F Y A | $3.6M | 0.25% | 395,181 | Common | SOLE |
| 54150E104 | LOMA | LOMA NEGRA C I A S A MTN 14 | $1.8M | 0.12% | 242,501 | 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.