Filed: 5/15/2023ACC: 0001308555-23-000002
📋 What this filing means
MOUNTAIN LAKE INVESTMENT MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 23 equity positions with a total reported market value of $109.60M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
23
Positions
$109.60M
Total AUM (reported)
6.23M
Total Shares
Allocation by class
COM$58.47M53.4%
PHYSCL GOLD SHS$13.49M12.3%
CLASS A COM$9.70M8.9%
COM NEW$9.15M8.4%
ORD SHS A$7.42M6.8%
UNIT$5.91M5.4%
URANIUM MINERS E$2.26M2.1%
Portfolio Concentration
Top 3$34.19M31.2%
4–10$48.68M44.4%
11–25$26.74M24.4%
Top 3 weight
31.2%
Top 10 weight
75.6%
Voting Authority Distribution
Total shares with voting rights: 6.23M
Sole
Full voting authority
6.23M
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)
Sole23
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings23
Rows:
ABRDN GOLD ETF TRUST
SOLEShares715K
TypeSH
Market value$13.49M
12.31%
Sole
715K
Shared
0.00
None
0.00
ALLEGIANT TRAVEL CO
SOLEShares119.50K
TypeSH
Market value$10.99M
10.03%
Sole
119.50K
Shared
0.00
None
0.00
SITIO ROYALTIES CORP
SOLEShares429.42K
TypeSH
Market value$9.70M
8.85%
Sole
429.42K
Shared
0.00
None
0.00
PRECISION DRILLING CORP
SOLEShares178K
TypeSH
Market value$9.15M
8.35%
Sole
178K
Shared
0.00
None
0.00
NOBLE CORP PLC
SOLEShares188K
TypeSH
Market value$7.42M
6.77%
Sole
188K
Shared
0.00
None
0.00
EQT CORP
SOLEShares225K
TypeSH
Market value$7.18M
6.55%
Sole
225K
Shared
0.00
None
0.00
SEADRILL 2021 LTD
SOLEShares170K
TypeSH
Market value$6.83M
6.23%
Sole
170K
Shared
0.00
None
0.00
NEXGEN ENERGY LTD
SOLEShares1.70M
TypeSH
Market value$6.51M
5.94%
Sole
1.70M
Shared
0.00
None
0.00
SPROTT PHYSICAL GOLD TR
SOLEShares382K
TypeSH
Market value$5.91M
5.39%
Sole
382K
Shared
0.00
None
0.00
VISTA OUTDOOR INC
SOLEShares205K
TypeSH
Market value$5.68M
5.18%
Sole
205K
Shared
0.00
None
0.00
ANTERO RESOURCES CORP
SOLEShares230.50K
TypeSH
Market value$5.32M
4.86%
Sole
230.50K
Shared
0.00
None
0.00
TRIPLE FLAG PRECIOUS METAL
SOLEShares350K
TypeSH
Market value$5.23M
4.77%
Sole
350K
Shared
0.00
None
0.00
NOV INC
SOLEShares215K
TypeSH
Market value$3.98M
3.63%
Sole
215K
Shared
0.00
None
0.00
EOG RES INC
SOLEShares33K
TypeSH
Market value$3.78M
3.45%
Sole
33K
Shared
0.00
None
0.00
SPROTT FDS TR
SOLEShares72K
TypeSH
Market value$2.26M
2.06%
Sole
72K
Shared
0.00
None
0.00
NUSCALE PWR CORP
SOLEShares233K
TypeSH
Market value$2.12M
1.93%
Sole
233K
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares2.50K
TypeSH
Market value$1.24M
1.13%
Sole
2.50K
Shared
0.00
None
0.00
CONCRETE PUMPING HLDGS INC
SOLEShares137.50K
TypeSH
Market value$935.0K
0.85%
Sole
137.50K
Shared
0.00
None
0.00
ARES ACQUISITION CORPORATION
SOLEShares50K
TypeSH
Market value$516.0K
0.47%
Sole
50K
Shared
0.00
None
0.00
DENISON MINES CORP
SOLEShares458K
TypeSH
Market value$499.2K
0.46%
Sole
458K
Shared
0.00
None
0.00
TRANSOCEAN LTD
SOLEShares75K
TypeSH
Market value$477.0K
0.44%
Sole
75K
Shared
0.00
None
0.00
ST JOE CO
SOLEShares7K
TypeSH
Market value$291.3K
0.27%
Sole
7K
Shared
0.00
None
0.00
NUSCALE PWR CORP
SOLEShares50K
TypeSH
Market value$82.5K
0.08%
Sole
50K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ABRDN GOLD ETF TRUSTSOLE | PHYSCL GOLD SHS | 715K | SH | $13.49M 12.31% | 715K | 0.00 | 0.00 |
ALLEGIANT TRAVEL COSOLE | COM | 119.50K | SH | $10.99M 10.03% | 119.50K | 0.00 | 0.00 |
SITIO ROYALTIES CORPSOLE | CLASS A COM | 429.42K | SH | $9.70M 8.85% | 429.42K | 0.00 | 0.00 |
PRECISION DRILLING CORPSOLE | COM NEW | 178K | SH | $9.15M 8.35% | 178K | 0.00 | 0.00 |
NOBLE CORP PLCSOLE | ORD SHS A | 188K | SH | $7.42M 6.77% | 188K | 0.00 | 0.00 |
EQT CORPSOLE | COM | 225K | SH | $7.18M 6.55% | 225K | 0.00 | 0.00 |
SEADRILL 2021 LTDSOLE | COM | 170K | SH | $6.83M 6.23% | 170K | 0.00 | 0.00 |
NEXGEN ENERGY LTDSOLE | COM | 1.70M | SH | $6.51M 5.94% | 1.70M | 0.00 | 0.00 |
SPROTT PHYSICAL GOLD TRSOLE | UNIT | 382K | SH | $5.91M 5.39% | 382K | 0.00 | 0.00 |
VISTA OUTDOOR INCSOLE | COM | 205K | SH | $5.68M 5.18% | 205K | 0.00 | 0.00 |
ANTERO RESOURCES CORPSOLE | COM | 230.50K | SH | $5.32M 4.86% | 230.50K | 0.00 | 0.00 |
TRIPLE FLAG PRECIOUS METALSOLE | COM | 350K | SH | $5.23M 4.77% | 350K | 0.00 | 0.00 |
NOV INCSOLE | COM | 215K | SH | $3.98M 3.63% | 215K | 0.00 | 0.00 |
EOG RES INCSOLE | COM | 33K | SH | $3.78M 3.45% | 33K | 0.00 | 0.00 |
SPROTT FDS TRSOLE | URANIUM MINERS E | 72K | SH | $2.26M 2.06% | 72K | 0.00 | 0.00 |
NUSCALE PWR CORPSOLE | CL A COM | 233K | SH | $2.12M 1.93% | 233K | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 2.50K | SH | $1.24M 1.13% | 2.50K | 0.00 | 0.00 |
CONCRETE PUMPING HLDGS INCSOLE | COM | 137.50K | SH | $935.0K 0.85% | 137.50K | 0.00 | 0.00 |
ARES ACQUISITION CORPORATIONSOLE | COM CL A | 50K | SH | $516.0K 0.47% | 50K | 0.00 | 0.00 |
DENISON MINES CORPSOLE | COM | 458K | SH | $499.2K 0.46% | 458K | 0.00 | 0.00 |
TRANSOCEAN LTDSOLE | REG SHS | 75K | SH | $477.0K 0.44% | 75K | 0.00 | 0.00 |
ST JOE COSOLE | COM | 7K | SH | $291.3K 0.27% | 7K | 0.00 | 0.00 |
NUSCALE PWR CORPSOLE | *W EXP 05/02/202 | 50K | SH | $82.5K 0.08% | 50K | 0.00 | 0.00 |