Filed: 11/14/2024ACC: 0001308555-24-000004
📋 What this filing means
MOUNTAIN LAKE INVESTMENT MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 25 equity positions with a total reported market value of $95.12M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
25
Positions
$95.12M
Total AUM (reported)
4.15M
Total Shares
Allocation by class
COM$48.77M51.3%
PHYSCL GOLD SHS$14.45M15.2%
CLASS A COM$7.82M8.2%
UNIT$7.44M7.8%
ORD SHS A$5.06M5.3%
COM NEW$4.35M4.6%
JUNIOR URANIUM$2.76M2.9%
Portfolio Concentration
Top 3$30.91M32.5%
4–10$43.86M46.1%
11–25$20.35M21.4%
Top 3 weight
32.5%
Top 10 weight
78.6%
Voting Authority Distribution
Total shares with voting rights: 4.15M
Sole
Full voting authority
4.15M
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)
Sole25
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings25
Rows:
ETFS GOLD TR
SOLEShares575K
TypeSH
Market value$14.45M
15.19%
Sole
575K
Shared
0.00
None
0.00
ALLEGIANT TRAVEL CO
SOLEShares157K
TypeSH
Market value$8.64M
9.09%
Sole
157K
Shared
0.00
None
0.00
SITIO ROYALTIES CORP
SOLEShares375K
TypeSH
Market value$7.82M
8.22%
Sole
375K
Shared
0.00
None
0.00
SPROTT PHYSICAL GOLD TR
SOLEShares365K
TypeSH
Market value$7.44M
7.82%
Sole
365K
Shared
0.00
None
0.00
BUILDERS FIRSTSOURCE INC
SOLEShares34K
TypeSH
Market value$6.59M
6.93%
Sole
34K
Shared
0.00
None
0.00
AVIS BUDGET GROUP
SOLEShares75K
TypeSH
Market value$6.57M
6.91%
Sole
75K
Shared
0.00
None
0.00
SEADRILL 2021 LTD
SOLEShares160K
TypeSH
Market value$6.36M
6.68%
Sole
160K
Shared
0.00
None
0.00
NEXGEN ENERGY LTD
SOLEShares950K
TypeSH
Market value$6.20M
6.52%
Sole
950K
Shared
0.00
None
0.00
AUTONATION INC
SOLEShares31.50K
TypeSH
Market value$5.64M
5.93%
Sole
31.50K
Shared
0.00
None
0.00
NOBLE CORP PLC
SOLEShares140K
TypeSH
Market value$5.06M
5.32%
Sole
140K
Shared
0.00
None
0.00
ANTERO RESOURCES CORP
SOLEShares162K
TypeSH
Market value$4.64M
4.88%
Sole
162K
Shared
0.00
None
0.00
SPROTT FDS TR
SOLEShares125K
TypeSH
Market value$2.76M
2.90%
Sole
125K
Shared
0.00
None
0.00
OPENLANE INC
SOLEShares120K
TypeSH
Market value$2.03M
2.13%
Sole
120K
Shared
0.00
None
0.00
HERTZ GLOBAL HLDGS INC
SOLEShares550K
TypeSH
Market value$1.81M
1.91%
Sole
550K
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares33K
TypeSH
Market value$1.61M
1.69%
Sole
33K
Shared
0.00
None
0.00
PRECISION DRILLING CORP
SOLEShares25K
TypeSH
Market value$1.54M
1.62%
Sole
25K
Shared
0.00
None
0.00
SPROTT INC
SOLEShares23K
TypeSH
Market value$996.1K
1.05%
Sole
23K
Shared
0.00
None
0.00
OKLO INC
SOLEShares115K
TypeSH
Market value$930.4K
0.98%
Sole
115K
Shared
0.00
None
0.00
ABRDN PLATINUM ETF TRUST
SOLEShares10K
TypeSH
Market value$898.0K
0.94%
Sole
10K
Shared
0.00
None
0.00
SEABRIDGE GOLD INC
SOLEShares50K
TypeSH
Market value$839.5K
0.88%
Sole
50K
Shared
0.00
None
0.00
SPROTT FDS TR
SOLEShares18K
TypeSH
Market value$825.8K
0.87%
Sole
18K
Shared
0.00
None
0.00
VISTA OUTDOOR INC
SOLEShares18.78K
TypeSH
Market value$735.8K
0.77%
Sole
18.78K
Shared
0.00
None
0.00
FRP HLDGS INC
SOLEShares10K
TypeSH
Market value$298.6K
0.31%
Sole
10K
Shared
0.00
None
0.00
ALICO INC
SOLEShares8K
TypeSH
Market value$223.8K
0.24%
Sole
8K
Shared
0.00
None
0.00
SPROTT PHYSICAL SILVER TR
SOLEShares20K
TypeSH
Market value$209.0K
0.22%
Sole
20K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ETFS GOLD TRSOLE | PHYSCL GOLD SHS | 575K | SH | $14.45M 15.19% | 575K | 0.00 | 0.00 |
ALLEGIANT TRAVEL COSOLE | COM | 157K | SH | $8.64M 9.09% | 157K | 0.00 | 0.00 |
SITIO ROYALTIES CORPSOLE | CLASS A COM | 375K | SH | $7.82M 8.22% | 375K | 0.00 | 0.00 |
SPROTT PHYSICAL GOLD TRSOLE | UNIT | 365K | SH | $7.44M 7.82% | 365K | 0.00 | 0.00 |
BUILDERS FIRSTSOURCE INCSOLE | COM | 34K | SH | $6.59M 6.93% | 34K | 0.00 | 0.00 |
AVIS BUDGET GROUPSOLE | COM | 75K | SH | $6.57M 6.91% | 75K | 0.00 | 0.00 |
SEADRILL 2021 LTDSOLE | COM | 160K | SH | $6.36M 6.68% | 160K | 0.00 | 0.00 |
NEXGEN ENERGY LTDSOLE | COM | 950K | SH | $6.20M 6.52% | 950K | 0.00 | 0.00 |
AUTONATION INCSOLE | COM | 31.50K | SH | $5.64M 5.93% | 31.50K | 0.00 | 0.00 |
NOBLE CORP PLCSOLE | ORD SHS A | 140K | SH | $5.06M 5.32% | 140K | 0.00 | 0.00 |
ANTERO RESOURCES CORPSOLE | COM | 162K | SH | $4.64M 4.88% | 162K | 0.00 | 0.00 |
SPROTT FDS TRSOLE | JUNIOR URANIUM | 125K | SH | $2.76M 2.90% | 125K | 0.00 | 0.00 |
OPENLANE INCSOLE | COM | 120K | SH | $2.03M 2.13% | 120K | 0.00 | 0.00 |
HERTZ GLOBAL HLDGS INCSOLE | COM NEW | 550K | SH | $1.81M 1.91% | 550K | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | JUNIOR GOLD MINE | 33K | SH | $1.61M 1.69% | 33K | 0.00 | 0.00 |
PRECISION DRILLING CORPSOLE | COM NEW | 25K | SH | $1.54M 1.62% | 25K | 0.00 | 0.00 |
SPROTT INCSOLE | COM NEW | 23K | SH | $996.1K 1.05% | 23K | 0.00 | 0.00 |
OKLO INCSOLE | COM CL A | 115K | SH | $930.4K 0.98% | 115K | 0.00 | 0.00 |
ABRDN PLATINUM ETF TRUSTSOLE | PHYSCL PLATM SHS | 10K | SH | $898.0K 0.94% | 10K | 0.00 | 0.00 |
SEABRIDGE GOLD INCSOLE | COM | 50K | SH | $839.5K 0.88% | 50K | 0.00 | 0.00 |
SPROTT FDS TRSOLE | URANIUM MINERS E | 18K | SH | $825.8K 0.87% | 18K | 0.00 | 0.00 |
VISTA OUTDOOR INCSOLE | COM | 18.78K | SH | $735.8K 0.77% | 18.78K | 0.00 | 0.00 |
FRP HLDGS INCSOLE | COM | 10K | SH | $298.6K 0.31% | 10K | 0.00 | 0.00 |
ALICO INCSOLE | COM | 8K | SH | $223.8K 0.24% | 8K | 0.00 | 0.00 |
SPROTT PHYSICAL SILVER TRSOLE | TR UNIT | 20K | SH | $209.0K 0.22% | 20K | 0.00 | 0.00 |