Filed: 11/14/2023ACC: 0001308555-23-000005
📋 What this filing means
MOUNTAIN LAKE INVESTMENT MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 16 equity positions with a total reported market value of $124.60M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
16
Positions
$124.60M
Total AUM (reported)
4.88M
Total Shares
Allocation by class
COM$56.97M45.7%
UNIT SER 1$12.54M10.1%
PHYSCL GOLD SHS$11.94M9.6%
CLASS A COM$10.12M8.1%
ORD SHS A$9.65M7.7%
COM NEW$9.38M7.5%
TR UNIT$6.41M5.1%
Portfolio Concentration
Top 3$34.75M27.9%
4–10$63.53M51.0%
11–25$26.32M21.1%
Top 3 weight
27.9%
Top 10 weight
78.9%
Voting Authority Distribution
Total shares with voting rights: 4.83M
Sole
Full voting authority
4.83M
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)
Sole16
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings16
Rows:
INVESCO QQQ TR
SOLEShares35K
TypeSH
Market value$12.54M
10.06%
Sole
0.00
Shared
0.00
None
0.00
ABRDN GOLD ETF TRUST
SOLEShares675K
TypeSH
Market value$11.94M
9.58%
Sole
675K
Shared
0.00
None
0.00
VISTA OUTDOOR INC
SOLEShares310K
TypeSH
Market value$10.27M
8.24%
Sole
310K
Shared
0.00
None
0.00
SITIO ROYALTIES CORP
SOLEShares417.84K
TypeSH
Market value$10.12M
8.12%
Sole
417.84K
Shared
0.00
None
0.00
NOBLE CORP PLC
SOLEShares190.53K
TypeSH
Market value$9.65M
7.74%
Sole
190.53K
Shared
0.00
None
0.00
PRECISION DRILLING CORP
SOLEShares139.80K
TypeSH
Market value$9.38M
7.53%
Sole
139.80K
Shared
0.00
None
0.00
NEXGEN ENERGY LTD
SOLEShares1.55M
TypeSH
Market value$9.27M
7.44%
Sole
1.55M
Shared
0.00
None
0.00
ALLEGIANT TRAVEL CO
SOLEShares120K
TypeSH
Market value$9.22M
7.40%
Sole
120K
Shared
0.00
None
0.00
SEADRILL 2021 LTD
SOLEShares197.93K
TypeSH
Market value$8.87M
7.11%
Sole
197.93K
Shared
0.00
None
0.00
ANTERO RESOURCES CORP
SOLEShares277K
TypeSH
Market value$7.03M
5.64%
Sole
277K
Shared
0.00
None
0.00
EQT CORP
SOLEShares172.50K
TypeSH
Market value$7.00M
5.62%
Sole
172.50K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares15K
TypeSH
Market value$6.41M
5.15%
Sole
0.00
Shared
0.00
None
0.00
SPROTT PHYSICAL GOLD TR
SOLEShares350K
TypeSH
Market value$5.01M
4.02%
Sole
350K
Shared
0.00
None
0.00
TRIPLE FLAG PRECIOUS METAL
SOLEShares311.26K
TypeSH
Market value$4.07M
3.26%
Sole
311.26K
Shared
0.00
None
0.00
SPROTT FDS TR
SOLEShares109K
TypeSH
Market value$2.58M
2.07%
Sole
109K
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares2.22K
TypeSH
Market value$1.25M
1.00%
Sole
2.22K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
INVESCO QQQ TRSOLE | UNIT SER 1 | 35K | SH | $12.54M 10.06% | 0.00 | 0.00 | 0.00 |
ABRDN GOLD ETF TRUSTSOLE | PHYSCL GOLD SHS | 675K | SH | $11.94M 9.58% | 675K | 0.00 | 0.00 |
VISTA OUTDOOR INCSOLE | COM | 310K | SH | $10.27M 8.24% | 310K | 0.00 | 0.00 |
SITIO ROYALTIES CORPSOLE | CLASS A COM | 417.84K | SH | $10.12M 8.12% | 417.84K | 0.00 | 0.00 |
NOBLE CORP PLCSOLE | ORD SHS A | 190.53K | SH | $9.65M 7.74% | 190.53K | 0.00 | 0.00 |
PRECISION DRILLING CORPSOLE | COM NEW | 139.80K | SH | $9.38M 7.53% | 139.80K | 0.00 | 0.00 |
NEXGEN ENERGY LTDSOLE | COM | 1.55M | SH | $9.27M 7.44% | 1.55M | 0.00 | 0.00 |
ALLEGIANT TRAVEL COSOLE | COM | 120K | SH | $9.22M 7.40% | 120K | 0.00 | 0.00 |
SEADRILL 2021 LTDSOLE | COM | 197.93K | SH | $8.87M 7.11% | 197.93K | 0.00 | 0.00 |
ANTERO RESOURCES CORPSOLE | COM | 277K | SH | $7.03M 5.64% | 277K | 0.00 | 0.00 |
EQT CORPSOLE | COM | 172.50K | SH | $7.00M 5.62% | 172.50K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 15K | SH | $6.41M 5.15% | 0.00 | 0.00 | 0.00 |
SPROTT PHYSICAL GOLD TRSOLE | UNIT | 350K | SH | $5.01M 4.02% | 350K | 0.00 | 0.00 |
TRIPLE FLAG PRECIOUS METALSOLE | COM | 311.26K | SH | $4.07M 3.26% | 311.26K | 0.00 | 0.00 |
SPROTT FDS TRSOLE | JUNIOR URANIUM | 109K | SH | $2.58M 2.07% | 109K | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 2.22K | SH | $1.25M 1.00% | 2.22K | 0.00 | 0.00 |