Filed: 11/13/2025ACC: 0001172661-25-004771
📋 What this filing means
MUDITA ADVISORS LLP filed this quarterly 13F‑HR report disclosing 19 equity positions with a total reported market value of $345.80M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
19
Positions
$345.80M
Total AUM (reported)
18.08M
Total Shares
Allocation by class
COM$304.57M88.1%
COM CL A$10.01M2.9%
COM UNIT$10.00M2.9%
SHS$9.83M2.8%
COM NEW$5.25M1.5%
CL A$3.90M1.1%
ORD SHS$2.24M0.6%
Portfolio Concentration
Top 3$168.02M48.6%
4–10$123.44M35.7%
11–25$54.34M15.7%
Top 3 weight
48.6%
Top 10 weight
84.3%
Voting Authority Distribution
Total shares with voting rights: 18.08M
Sole
Full voting authority
18.08M
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)
Sole19
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings19
Rows:
HILTON GRAND VACATIONS INC
SOLEShares2.33M
TypeSH
Market value$97.55M
28.21%
Sole
2.33M
Shared
0.00
None
0.00
WARRIOR MET COAL INC
SOLEShares562.66K
TypeSH
Market value$35.81M
10.36%
Sole
562.66K
Shared
0.00
None
0.00
IAMGOLD CORP
SOLEShares2.68M
TypeSH
Market value$34.66M
10.02%
Sole
2.68M
Shared
0.00
None
0.00
ESTABLISHMENT LABS HLDGS INC
SOLEShares686.76K
TypeSH
Market value$28.15M
8.14%
Sole
686.76K
Shared
0.00
None
0.00
MGM RESORTS INTERNATIONAL
SOLEShares628.34K
TypeSH
Market value$21.78M
6.30%
Sole
628.34K
Shared
0.00
None
0.00
CANADIAN NAT RES LTD
SOLEShares637.04K
TypeSH
Market value$20.36M
5.89%
Sole
637.04K
Shared
0.00
None
0.00
ORLA MNG LTD NEW
SOLEShares1.40M
TypeSH
Market value$15.12M
4.37%
Sole
1.40M
Shared
0.00
None
0.00
HUDBAY MINERALS INC
SOLEShares924.50K
TypeSH
Market value$14.01M
4.05%
Sole
924.50K
Shared
0.00
None
0.00
EXPAND ENERGY CORPORATION
SOLEShares115.10K
TypeSH
Market value$12.23M
3.54%
Sole
115.10K
Shared
0.00
None
0.00
TASEKO MINES LTD
SOLEShares2.79M
TypeSH
Market value$11.79M
3.41%
Sole
2.79M
Shared
0.00
None
0.00
ALAMOS GOLD INC NEW
SOLEShares287.10K
TypeSH
Market value$10.01M
2.89%
Sole
287.10K
Shared
0.00
None
0.00
BLACK STONE MINERALS L P
SOLEShares760.88K
TypeSH
Market value$10.00M
2.89%
Sole
760.88K
Shared
0.00
None
0.00
FLUTTER ENTMT PLC
SOLEShares38.54K
TypeSH
Market value$9.83M
2.84%
Sole
38.54K
Shared
0.00
None
0.00
MAXCYTE INC
SOLEShares3.37M
TypeSH
Market value$5.33M
1.54%
Sole
3.37M
Shared
0.00
None
0.00
ALLIED GOLD CORP
SOLEShares300.23K
TypeSH
Market value$5.25M
1.52%
Sole
300.23K
Shared
0.00
None
0.00
KINROSS GOLD CORP
SOLEShares174.34K
TypeSH
Market value$4.33M
1.25%
Sole
174.34K
Shared
0.00
None
0.00
NACCO INDS INC
SOLEShares92.52K
TypeSH
Market value$3.90M
1.13%
Sole
92.52K
Shared
0.00
None
0.00
DARLING INGREDIENTS INC
SOLEShares111.80K
TypeSH
Market value$3.45M
1.00%
Sole
111.80K
Shared
0.00
None
0.00
MAC COPPER LIMITED
SOLEShares183.67K
TypeSH
Market value$2.24M
0.65%
Sole
183.67K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
HILTON GRAND VACATIONS INCSOLE | COM | 2.33M | SH | $97.55M 28.21% | 2.33M | 0.00 | 0.00 |
WARRIOR MET COAL INCSOLE | COM | 562.66K | SH | $35.81M 10.36% | 562.66K | 0.00 | 0.00 |
IAMGOLD CORPSOLE | COM | 2.68M | SH | $34.66M 10.02% | 2.68M | 0.00 | 0.00 |
ESTABLISHMENT LABS HLDGS INCSOLE | COM | 686.76K | SH | $28.15M 8.14% | 686.76K | 0.00 | 0.00 |
MGM RESORTS INTERNATIONALSOLE | COM | 628.34K | SH | $21.78M 6.30% | 628.34K | 0.00 | 0.00 |
CANADIAN NAT RES LTDSOLE | COM | 637.04K | SH | $20.36M 5.89% | 637.04K | 0.00 | 0.00 |
ORLA MNG LTD NEWSOLE | COM | 1.40M | SH | $15.12M 4.37% | 1.40M | 0.00 | 0.00 |
HUDBAY MINERALS INCSOLE | COM | 924.50K | SH | $14.01M 4.05% | 924.50K | 0.00 | 0.00 |
EXPAND ENERGY CORPORATIONSOLE | COM | 115.10K | SH | $12.23M 3.54% | 115.10K | 0.00 | 0.00 |
TASEKO MINES LTDSOLE | COM | 2.79M | SH | $11.79M 3.41% | 2.79M | 0.00 | 0.00 |
ALAMOS GOLD INC NEWSOLE | COM CL A | 287.10K | SH | $10.01M 2.89% | 287.10K | 0.00 | 0.00 |
BLACK STONE MINERALS L PSOLE | COM UNIT | 760.88K | SH | $10.00M 2.89% | 760.88K | 0.00 | 0.00 |
FLUTTER ENTMT PLCSOLE | SHS | 38.54K | SH | $9.83M 2.84% | 38.54K | 0.00 | 0.00 |
MAXCYTE INCSOLE | COM | 3.37M | SH | $5.33M 1.54% | 3.37M | 0.00 | 0.00 |
ALLIED GOLD CORPSOLE | COM NEW | 300.23K | SH | $5.25M 1.52% | 300.23K | 0.00 | 0.00 |
KINROSS GOLD CORPSOLE | COM | 174.34K | SH | $4.33M 1.25% | 174.34K | 0.00 | 0.00 |
NACCO INDS INCSOLE | CL A | 92.52K | SH | $3.90M 1.13% | 92.52K | 0.00 | 0.00 |
DARLING INGREDIENTS INCSOLE | COM | 111.80K | SH | $3.45M 1.00% | 111.80K | 0.00 | 0.00 |
MAC COPPER LIMITEDSOLE | ORD SHS | 183.67K | SH | $2.24M 0.65% | 183.67K | 0.00 | 0.00 |