Mudita Advisors LLP Long-Term Concentrated

Location: London, United Kingdom

CIK: 0001907809 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 19, 2025

Total Value: $198M (100.0% shares, 0.0% debt)

Holdings (17)

HGV HILTON GRAND VACATIONS INC 20.7%

Value $41.06M Shares 1,097,665 Est. Cost $44.06 Unrealized -9.5%

HCC WARRIOR MET COAL INC 10.1%

Value $19.91M Shares 417,165 Est. Cost $51.35 Unrealized -0.6%

CNQ CANADIAN NAT RES LTD 9.9%

Value $19.62M Shares 637,044 Est. Cost $26.51 Unrealized +11.5%

ESTA ESTABLISHMENT LABS HLDGS INC 9.9%

Value $19.56M Shares 479,359 Est. Cost $47.39 Unrealized -21.3%

AGI ALAMOS GOLD INC NEW 6.7%

Value $13.3M Shares 497,251 Est. Cost $10.75 Unrealized +109.5%

IAG IAMGOLD CORP 6.6%

Value $13M Shares 2,081,400 Est. Cost $4.92 Unrealized +20.2%

BSM BLACK STONE MINERALS L P 5.9%

Value $11.62M Shares 760,877 Est. Cost $11.30 Unrealized —

EXE EXPAND ENERGY CORPORATION 4.7%

Value $9.228M Shares 82,900 Est. Cost $101.00 Unrealized 0.0%

MXCT MAXCYTE INC 4.6%

Value $9.087M Shares 3,328,441 Est. Cost $4.38 Unrealized -9.9%

EGO ELDORADO GOLD CORP NEW 4.4%

Value $8.736M Shares 519,400 Est. Cost $16.05 Unrealized -6.4%

FLUT FLUTTER ENTMT PLC 4.0%

Value $7.826M Shares 35,409 Est. Cost $243.32 Unrealized +6.4%

KGC KINROSS GOLD CORP 3.0%

Value $5.942M Shares 471,200 Est. Cost $10.13 Unrealized +10.7%

— UNITED STATES STL CORP NEW 2.8%

Value $5.587M Shares 132,200 Est. Cost $33.99 Unrealized —

— MAC COPPER LIMITED 2.1%

Value $4.154M Shares 435,400 Est. Cost $12.54 Unrealized —

— BARRICK GOLD CORP 1.9%

Value $3.701M Shares 190,405 Est. Cost $19.62 Unrealized —

NC NACCO INDS INC 1.5%

Value $2.91M Shares 86,281 Est. Cost $31.51 Unrealized 0.0%

HBM HUDBAY MINERALS INC 1.4%

Value $2.68M Shares 353,305 Est. Cost $6.91 Unrealized +17.8%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HGV	HILTON GRAND VACATIONS INC	1,097,665	$41.06M	20.7%	$44.06	-9.5%	COM	43283X105
HCC	WARRIOR MET COAL INC	417,165	$19.91M	10.1%	$51.35	-0.6%	COM	93627C101
CNQ	CANADIAN NAT RES LTD	637,044	$19.62M	9.9%	$26.51	+11.5%	COM	136385101
ESTA	ESTABLISHMENT LABS HLDGS INC	479,359	$19.56M	9.9%	$47.39	-21.3%	COM	G31249108
AGI	ALAMOS GOLD INC NEW	497,251	$13.3M	6.7%	$10.75	+109.5%	COM CL A	011532108
IAG	IAMGOLD CORP	2,081,400	$13M	6.6%	$4.92	+20.2%	COM	450913108
BSM	BLACK STONE MINERALS L P	760,877	$11.62M	5.9%	$11.30	—	COM UNIT	09225M101
EXE	EXPAND ENERGY CORPORATION	82,900	$9.228M	4.7%	$101.00	0.0%	COM	165167735
MXCT	MAXCYTE INC	3,328,441	$9.087M	4.6%	$4.38	-9.9%	COM	57777K106
EGO	ELDORADO GOLD CORP NEW	519,400	$8.736M	4.4%	$16.05	-6.4%	COM	284902509
FLUT	FLUTTER ENTMT PLC	35,409	$7.826M	4.0%	$243.32	+6.4%	SHS	G3643J108
KGC	KINROSS GOLD CORP	471,200	$5.942M	3.0%	$10.13	+10.7%	COM	496902404
—	UNITED STATES STL CORP NEW	132,200	$5.587M	2.8%	$33.99	—	COM	912909108
—	MAC COPPER LIMITED	435,400	$4.154M	2.1%	$12.54	—	ORD SHS	G60409110
—	BARRICK GOLD CORP	190,405	$3.701M	1.9%	$19.62	—	COM	067901108
NC	NACCO INDS INC	86,281	$2.91M	1.5%	$31.51	0.0%	CL A	629579103
HBM	HUDBAY MINERALS INC	353,305	$2.68M	1.4%	$6.91	+17.8%	COM	443628102