Filed: 5/14/2026ACC: 0001172661-26-001925
📋 What this filing means
MUDITA ADVISORS LLP filed this quarterly 13F‑HR report disclosing 28 equity positions with a total reported market value of $490.07M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
28
Positions
$490.07M
Total AUM (reported)
20.09M
Total Shares
Allocation by class
COM$373.48M76.2%
CL A$31.38M6.4%
COM SHS$25.40M5.2%
COM CL A$19.96M4.1%
SHS$11.93M2.4%
COM UNIT$11.50M2.3%
COM NEW$8.54M1.7%
Portfolio Concentration
Top 3$196.80M40.2%
4–10$164.88M33.6%
11–25$123.54M25.2%
Rest$4.85M1.0%
Top 3 weight
40.2%
Top 10 weight
73.8%
Voting Authority Distribution
Total shares with voting rights: 20.09M
Sole
Full voting authority
20.09M
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)
Sole28
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings28
Rows:
HILTON GRAND VACATIONS INC
SOLEShares2.78M
TypeSH
Market value$108.70M
22.18%
Sole
2.78M
Shared
0.00
None
0.00
IAMGOLD CORP
SOLEShares2.38M
TypeSH
Market value$44.69M
9.12%
Sole
2.38M
Shared
0.00
None
0.00
ESTABLISHMENT LABS HLDGS INC
SOLEShares764.56K
TypeSH
Market value$43.41M
8.86%
Sole
764.56K
Shared
0.00
None
0.00
MGM RESORTS INTERNATIONAL
SOLEShares945.94K
TypeSH
Market value$35.01M
7.14%
Sole
945.94K
Shared
0.00
None
0.00
DARLING INGREDIENTS INC
SOLEShares424.84K
TypeSH
Market value$26.28M
5.36%
Sole
424.84K
Shared
0.00
None
0.00
CANADIAN NAT RES LTD MED TER
SOLEShares532.37K
TypeSH
Market value$25.94M
5.29%
Sole
532.37K
Shared
0.00
None
0.00
ORLA MNG LTD NEW
SOLEShares1.32M
TypeSH
Market value$21.25M
4.34%
Sole
1.32M
Shared
0.00
None
0.00
APPIAN CORP
SOLEShares839.40K
TypeSH
Market value$20.24M
4.13%
Sole
839.40K
Shared
0.00
None
0.00
ALAMOS GOLD INC
SOLEShares449.20K
TypeSH
Market value$19.96M
4.07%
Sole
449.20K
Shared
0.00
None
0.00
WARRIOR MET COAL INC
SOLEShares174K
TypeSH
Market value$16.21M
3.31%
Sole
174K
Shared
0.00
None
0.00
CORE NATURAL RESOURCES INC
SOLEShares144.40K
TypeSH
Market value$15.12M
3.09%
Sole
144.40K
Shared
0.00
None
0.00
EXPAND ENERGY CORPORATION
SOLEShares123.70K
TypeSH
Market value$13.58M
2.77%
Sole
123.70K
Shared
0.00
None
0.00
TASEKO MINES LTD
SOLEShares2.05M
TypeSH
Market value$13.24M
2.70%
Sole
2.05M
Shared
0.00
None
0.00
FLUTTER ENTMT PLC
SOLEShares116.98K
TypeSH
Market value$11.93M
2.43%
Sole
116.98K
Shared
0.00
None
0.00
BLACK STONE MINERALS L P
SOLEShares760.88K
TypeSH
Market value$11.50M
2.35%
Sole
760.88K
Shared
0.00
None
0.00
BUNGE GLOBAL SA
SOLEShares77.20K
TypeSH
Market value$9.82M
2.00%
Sole
77.20K
Shared
0.00
None
0.00
SASOL LTD
SOLEShares607.33K
TypeSH
Market value$7.87M
1.61%
Sole
607.33K
Shared
0.00
None
0.00
HUDBAY MINERALS INC
SOLEShares317.39K
TypeSH
Market value$6.63M
1.35%
Sole
317.39K
Shared
0.00
None
0.00
ZOOM COMMUNICATIONS INC
SOLEShares78.80K
TypeSH
Market value$6.33M
1.29%
Sole
78.80K
Shared
0.00
None
0.00
S&P GLOBAL INC
SOLEShares14K
TypeSH
Market value$5.95M
1.22%
Sole
14K
Shared
0.00
None
0.00
KINROSS GOLD CORP
SOLEShares174.34K
TypeSH
Market value$5.32M
1.09%
Sole
174.34K
Shared
0.00
None
0.00
ALLIED GOLD CORP
SOLEShares160.23K
TypeSH
Market value$4.97M
1.01%
Sole
160.23K
Shared
0.00
None
0.00
NACCO INDS INC
SOLEShares92.52K
TypeSH
Market value$4.81M
0.98%
Sole
92.52K
Shared
0.00
None
0.00
OSISKO DEVELOPMENT CORP
SOLEShares1.10M
TypeSH
Market value$3.58M
0.73%
Sole
1.10M
Shared
0.00
None
0.00
VERSABANK NEW
SOLEShares202.93K
TypeSH
Market value$2.88M
0.59%
Sole
202.93K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
HILTON GRAND VACATIONS INCSOLE | COM | 2.78M | SH | $108.70M 22.18% | 2.78M | 0.00 | 0.00 |
IAMGOLD CORPSOLE | COM | 2.38M | SH | $44.69M 9.12% | 2.38M | 0.00 | 0.00 |
ESTABLISHMENT LABS HLDGS INCSOLE | COM | 764.56K | SH | $43.41M 8.86% | 764.56K | 0.00 | 0.00 |
MGM RESORTS INTERNATIONALSOLE | COM | 945.94K | SH | $35.01M 7.14% | 945.94K | 0.00 | 0.00 |
DARLING INGREDIENTS INCSOLE | COM | 424.84K | SH | $26.28M 5.36% | 424.84K | 0.00 | 0.00 |
CANADIAN NAT RES LTD MED TERSOLE | COM | 532.37K | SH | $25.94M 5.29% | 532.37K | 0.00 | 0.00 |
ORLA MNG LTD NEWSOLE | COM | 1.32M | SH | $21.25M 4.34% | 1.32M | 0.00 | 0.00 |
APPIAN CORPSOLE | CL A | 839.40K | SH | $20.24M 4.13% | 839.40K | 0.00 | 0.00 |
ALAMOS GOLD INCSOLE | COM CL A | 449.20K | SH | $19.96M 4.07% | 449.20K | 0.00 | 0.00 |
WARRIOR MET COAL INCSOLE | COM | 174K | SH | $16.21M 3.31% | 174K | 0.00 | 0.00 |
CORE NATURAL RESOURCES INCSOLE | COM SHS | 144.40K | SH | $15.12M 3.09% | 144.40K | 0.00 | 0.00 |
EXPAND ENERGY CORPORATIONSOLE | COM | 123.70K | SH | $13.58M 2.77% | 123.70K | 0.00 | 0.00 |
TASEKO MINES LTDSOLE | COM | 2.05M | SH | $13.24M 2.70% | 2.05M | 0.00 | 0.00 |
FLUTTER ENTMT PLCSOLE | SHS | 116.98K | SH | $11.93M 2.43% | 116.98K | 0.00 | 0.00 |
BLACK STONE MINERALS L PSOLE | COM UNIT | 760.88K | SH | $11.50M 2.35% | 760.88K | 0.00 | 0.00 |
BUNGE GLOBAL SASOLE | COM SHS | 77.20K | SH | $9.82M 2.00% | 77.20K | 0.00 | 0.00 |
SASOL LTDSOLE | SPONSORED ADR | 607.33K | SH | $7.87M 1.61% | 607.33K | 0.00 | 0.00 |
HUDBAY MINERALS INCSOLE | COM | 317.39K | SH | $6.63M 1.35% | 317.39K | 0.00 | 0.00 |
ZOOM COMMUNICATIONS INCSOLE | CL A | 78.80K | SH | $6.33M 1.29% | 78.80K | 0.00 | 0.00 |
S&P GLOBAL INCSOLE | COM | 14K | SH | $5.95M 1.22% | 14K | 0.00 | 0.00 |
KINROSS GOLD CORPSOLE | COM | 174.34K | SH | $5.32M 1.09% | 174.34K | 0.00 | 0.00 |
ALLIED GOLD CORPSOLE | COM NEW | 160.23K | SH | $4.97M 1.01% | 160.23K | 0.00 | 0.00 |
NACCO INDS INCSOLE | CL A | 92.52K | SH | $4.81M 0.98% | 92.52K | 0.00 | 0.00 |
OSISKO DEVELOPMENT CORPSOLE | COM NEW | 1.10M | SH | $3.58M 0.73% | 1.10M | 0.00 | 0.00 |
VERSABANK NEWSOLE | COM | 202.93K | SH | $2.88M 0.59% | 202.93K | 0.00 | 0.00 |
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