Filed: 2/5/2026ACC: 0001839497-26-000001
📋 What this filing means
HELIKON INVESTMENTS LTD filed this quarterly 13F‑HR report disclosing 17 equity positions with a total reported market value of $1.89B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
17
Positions
$1.89B
Total AUM (reported)
100.63M
Total Shares
Allocation by class
COM$1.00B53.1%
COM NEW$522.37M27.7%
SPONSORED ADS B$102.08M5.4%
SPON GDS ECH 10$68.52M3.6%
ORD SHS$65.50M3.5%
SPONS ADR LVL I$50.05M2.7%
SPON ADR$47.98M2.5%
Portfolio Concentration
Top 3$1.11B58.7%
4–10$645.43M34.2%
11–25$134.04M7.1%
Top 3 weight
58.7%
Top 10 weight
92.9%
Voting Authority Distribution
Total shares with voting rights: 100.63M
Sole
Full voting authority
100.63M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole17
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings17
Rows:
ALLIED GOLD CORP
SOLEShares16.50M
TypeSH
Market value$377.49M
20.02%
Sole
16.50M
Shared
0.00
None
0.00
SKEENA RES LTD NEW
SOLEShares15.83M
TypeSH
Market value$375.62M
19.92%
Sole
15.83M
Shared
0.00
None
0.00
CORPORACION AMER ARPTS S A
SOLEShares13.57M
TypeSH
Market value$352.71M
18.71%
Sole
13.57M
Shared
0.00
None
0.00
COLLECTIVE MINING LTD
SOLEShares10.65M
TypeSH
Market value$155.39M
8.24%
Sole
10.65M
Shared
0.00
None
0.00
MGM RESORTS INTERNATIONAL
SOLEShares2.99M
TypeSH
Market value$109.06M
5.78%
Sole
2.99M
Shared
0.00
None
0.00
TRANSPORTADORA DE GAS SUR
SOLEShares3.28M
TypeSH
Market value$102.08M
5.41%
Sole
3.28M
Shared
0.00
None
0.00
IAC INC
SOLEShares1.87M
TypeSH
Market value$72.98M
3.87%
Sole
1.87M
Shared
0.00
None
0.00
SOLARIS RES INC
SOLEShares9.02M
TypeSH
Market value$71.91M
3.81%
Sole
9.02M
Shared
0.00
None
0.00
IRSA INVERSIONES Y REP S A
SOLEShares4.14M
TypeSH
Market value$68.52M
3.63%
Sole
4.14M
Shared
0.00
None
0.00
IHS HOLDING LIMITED
SOLEShares8.78M
TypeSH
Market value$65.50M
3.47%
Sole
8.78M
Shared
0.00
None
0.00
PAMPA ENERGIA S A
SOLEShares565.45K
TypeSH
Market value$50.05M
2.65%
Sole
565.45K
Shared
0.00
None
0.00
EMPRESA DIST Y COMERCIAL NOR
SOLEShares1.60M
TypeSH
Market value$47.98M
2.54%
Sole
1.60M
Shared
0.00
None
0.00
VEON LTD
SOLEShares344.52K
TypeSH
Market value$18.11M
0.96%
Sole
344.52K
Shared
0.00
None
0.00
LITHIUM ARGENTINA AG
SOLEShares9.11M
TypePRN
Market value$8.28M
0.44%
Sole
9.11M
Shared
0.00
None
0.00
NEW PAC METALS CORP
SOLEShares2.29M
TypeSH
Market value$8.05M
0.43%
Sole
2.29M
Shared
0.00
None
0.00
INTERCORP FINL SVCS INC
SOLEShares31.22K
TypeSH
Market value$1.32M
0.07%
Sole
31.22K
Shared
0.00
None
0.00
B2GOLD CORP
SOLEShares56.76K
TypeSH
Market value$256.0K
0.01%
Sole
56.76K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ALLIED GOLD CORPSOLE | COM NEW | 16.50M | SH | $377.49M 20.02% | 16.50M | 0.00 | 0.00 |
SKEENA RES LTD NEWSOLE | COM | 15.83M | SH | $375.62M 19.92% | 15.83M | 0.00 | 0.00 |
CORPORACION AMER ARPTS S ASOLE | COM | 13.57M | SH | $352.71M 18.71% | 13.57M | 0.00 | 0.00 |
COLLECTIVE MINING LTDSOLE | COM | 10.65M | SH | $155.39M 8.24% | 10.65M | 0.00 | 0.00 |
MGM RESORTS INTERNATIONALSOLE | COM | 2.99M | SH | $109.06M 5.78% | 2.99M | 0.00 | 0.00 |
TRANSPORTADORA DE GAS SURSOLE | SPONSORED ADS B | 3.28M | SH | $102.08M 5.41% | 3.28M | 0.00 | 0.00 |
IAC INCSOLE | COM NEW | 1.87M | SH | $72.98M 3.87% | 1.87M | 0.00 | 0.00 |
SOLARIS RES INCSOLE | COM NEW | 9.02M | SH | $71.91M 3.81% | 9.02M | 0.00 | 0.00 |
IRSA INVERSIONES Y REP S ASOLE | SPON GDS ECH 10 | 4.14M | SH | $68.52M 3.63% | 4.14M | 0.00 | 0.00 |
IHS HOLDING LIMITEDSOLE | ORD SHS | 8.78M | SH | $65.50M 3.47% | 8.78M | 0.00 | 0.00 |
PAMPA ENERGIA S ASOLE | SPONS ADR LVL I | 565.45K | SH | $50.05M 2.65% | 565.45K | 0.00 | 0.00 |
EMPRESA DIST Y COMERCIAL NORSOLE | SPON ADR | 1.60M | SH | $47.98M 2.54% | 1.60M | 0.00 | 0.00 |
VEON LTDSOLE | SPONSORED ADS | 344.52K | SH | $18.11M 0.96% | 344.52K | 0.00 | 0.00 |
LITHIUM ARGENTINA AGSOLE | NOTE 1.750% 1/1 | 9.11M | PRN | $8.28M 0.44% | 9.11M | 0.00 | 0.00 |
NEW PAC METALS CORPSOLE | COM | 2.29M | SH | $8.05M 0.43% | 2.29M | 0.00 | 0.00 |
INTERCORP FINL SVCS INCSOLE | SHS | 31.22K | SH | $1.32M 0.07% | 31.22K | 0.00 | 0.00 |
B2GOLD CORPSOLE | COM | 56.76K | SH | $256.0K 0.01% | 56.76K | 0.00 | 0.00 |