Mountain Lake Investment Management LLC Diversified Active

Location: San Francisco, CA

CIK: 0001308555 · Show all filings

Period: Q3 2013 (← Previous) (Next →)

Filing Date: Nov 14, 2013

Total Value: $144M (100.0% shares, 0.0% debt)

Holdings (37)

— HILLENBRAND INC 7.6%

Value $10.92M Shares 398,815 Est. Cost $23.71 Unrealized —

CAR AVIS BUDGET GROUP 7.3%

Value $10.57M Shares 366,728 Est. Cost $28.49 Unrealized -0.3%

LUV SOUTHWEST AIRLS CO 6.0%

Value $8.677M Shares 595,932 Est. Cost $11.86 Unrealized +0.2%

CE CELANESE CORP DEL 5.4%

Value $7.744M Shares 146,692 Est. Cost $38.84 Unrealized 0.0%

— CHESAPEAKE ENERGY CORP 5.3%

Value $7.676M Shares 296,602 Est. Cost $20.38 Unrealized —

ORCL ORACLE CORP 5.3%

Value $7.603M Shares 229,206 Est. Cost $27.07 Unrealized 0.0%

C CITIGROUP INC 4.8%

Value $6.893M Shares 142,096 Est. Cost $35.76 Unrealized +5.2%

USB US BANCORP DEL 4.3%

Value $6.164M Shares 168,511 Est. Cost $22.41 Unrealized +8.6%

AIG AMERICAN INTL GROUP INC 4.1%

Value $5.858M Shares 120,469 Est. Cost $32.51 Unrealized +10.8%

HAL HALLIBURTON CO 3.8%

Value $5.518M Shares 114,602 Est. Cost $33.21 Unrealized +12.4%

PHYS SPROTT PHYSICAL GOLD TRUST ETF 3.8%

Value $5.408M Shares 490,500 Est. Cost $10.28 Unrealized —

JPM JPMORGAN CHASE CO 3.6%

Value $5.213M Shares 100,851 Est. Cost $38.52 Unrealized 0.0%

MS MORGAN STANLEY 3.5%

Value $5.065M Shares 187,948 Est. Cost $17.33 Unrealized +13.4%

EXC EXELON CORP 3.5%

Value $5.027M Shares 169,612 Est. Cost $14.03 Unrealized 0.0%

— WELLPOINT INC 2.9%

Value $4.216M Shares 50,424 Est. Cost $81.84 Unrealized —

LMT LOCKHEED MARTIN CORP 2.9%

Value $4.21M Shares 33,005 Est. Cost $71.65 Unrealized +20.1%

— ISHARES GOLD TRUST 2.2%

Value $3.223M Shares 250,000 Est. Cost $11.99 Unrealized —

TRV TRAVELERS COMPANIES INC 2.2%

Value $3.109M Shares 36,672 Est. Cost $63.44 Unrealized -1.0%

— LEUCADIA NATL CORP 2.0%

Value $2.87M Shares 105,345 Est. Cost $26.22 Unrealized —

— MFC INDL LTD 1.9%

Value $2.809M Shares 334,349 Est. Cost $8.07 Unrealized —

— NATIONAL OILWELL VARCO INC 1.9%

Value $2.685M Shares 34,381 Est. Cost $78.10 Unrealized —

CF CF INDS HLDGS INC 1.8%

Value $2.648M Shares 12,561 Est. Cost $27.49 Unrealized 0.0%

— ONEOK PARTNERS LP 1.8%

Value $2.566M Shares 48,405 Est. Cost $52.44 Unrealized —

— MARKET VECTORS ETF TR 1.8%

Value $2.523M Shares 100,851 Est. Cost $24.50 Unrealized —

— PLY GEM HLDGS INC 1.5%

Value $2.173M Shares 155,402 Est. Cost $13.98 Unrealized —

DAL DELTA AIR LINES INC DEL 1.5%

Value $2.163M Shares 91,681 Est. Cost $14.99 Unrealized +20.4%

— MCDERMOTT INTL INC 1.4%

Value $1.975M Shares 265,880 Est. Cost $7.84 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 1.3%

Value $1.875M Shares 11 Est. Cost $165023.42 Unrealized +4.8%

SLV ISHARES SILVER TRUST 1.2%

Value $1.713M Shares 81,979 Est. Cost $19.08 Unrealized —

UAL UNITED CONTL HLDGS INC 1.0%

Value $1.408M Shares 45,839 Est. Cost $32.18 Unrealized 0.0%

— CHESAPEAKE ENERGY CORP 0.6%

Value $822K Shares 734 Est. Cost — Unrealized —

AIZ ASSURANT INC 0.5%

Value $744K Shares 13,753 Est. Cost $42.50 Unrealized 0.0%

— CENTRAL FD CDA LTD 0.5%

Value $741K Shares 50,383 Est. Cost $13.60 Unrealized —

NGD NEW GOLD INC CDA 0.4%

Value $631K Shares 105,435 Est. Cost $6.81 Unrealized 0.0%

GLD SPDR GOLD TRUST 0.2%

Value $256K Shares 2,000 Est. Cost $119.14 Unrealized —

PSLV SPROTT PHYSICAL SILVER TRUST ETF 0.2%

Value $241K Shares 27,597 Est. Cost $7.94 Unrealized —

RAIL FREIGHTCAR AMER INC 0.1%

Value $165K Shares 7,976 Est. Cost $18.91 Unrealized -2.2%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	HILLENBRAND INC	398,815	$10.92M	7.6%	$23.71	—	COM	431571108
CAR	AVIS BUDGET GROUP	366,728	$10.57M	7.3%	$28.49	-0.3%	COM	053774105
LUV	SOUTHWEST AIRLS CO	595,932	$8.677M	6.0%	$11.86	+0.2%	COM	844741108
CE	CELANESE CORP DEL	146,692	$7.744M	5.4%	$38.84	0.0%	COM SER A	150870103
—	CHESAPEAKE ENERGY CORP	296,602	$7.676M	5.3%	$20.38	—	COM	165167107
ORCL	ORACLE CORP	229,206	$7.603M	5.3%	$27.07	0.0%	COM	68389X105
C	CITIGROUP INC	142,096	$6.893M	4.8%	$35.76	+5.2%	COM NEW	172967424
USB	US BANCORP DEL	168,511	$6.164M	4.3%	$22.41	+8.6%	COM NEW	902973304
AIG	AMERICAN INTL GROUP INC	120,469	$5.858M	4.1%	$32.51	+10.8%	COM NEW	026874784
HAL	HALLIBURTON CO	114,602	$5.518M	3.8%	$33.21	+12.4%	COM	406216101
PHYS	SPROTT PHYSICAL GOLD TRUST ETF	490,500	$5.408M	3.8%	$10.28	—	UNIT	85207H104
JPM	JPMORGAN CHASE CO	100,851	$5.213M	3.6%	$38.52	0.0%	COM	46625H100
MS	MORGAN STANLEY	187,948	$5.065M	3.5%	$17.33	+13.4%	COM NEW	617446448
EXC	EXELON CORP	169,612	$5.027M	3.5%	$14.03	0.0%	COM	30161N101
—	WELLPOINT INC	50,424	$4.216M	2.9%	$81.84	—	COM	94973V107
LMT	LOCKHEED MARTIN CORP	33,005	$4.21M	2.9%	$71.65	+20.1%	COM	539830109
—	ISHARES GOLD TRUST	250,000	$3.223M	2.2%	$11.99	—	ISHARES	464285105
TRV	TRAVELERS COMPANIES INC	36,672	$3.109M	2.2%	$63.44	-1.0%	COM	89417E109
—	LEUCADIA NATL CORP	105,345	$2.87M	2.0%	$26.22	—	COM	527288104
—	MFC INDL LTD	334,349	$2.809M	1.9%	$8.07	—	COM	55278T105
—	NATIONAL OILWELL VARCO INC	34,381	$2.685M	1.9%	$78.10	—	COM	637071101
CF	CF INDS HLDGS INC	12,561	$2.648M	1.8%	$27.49	0.0%	COM	125269100
—	ONEOK PARTNERS LP	48,405	$2.566M	1.8%	$52.44	—	UNIT LTD PARTN	68268N103
—	MARKET VECTORS ETF TR	100,851	$2.523M	1.8%	$24.50	—	GOLD MINER ETF	57060U100
—	PLY GEM HLDGS INC	155,402	$2.173M	1.5%	$13.98	—	COM	72941W100
DAL	DELTA AIR LINES INC DEL	91,681	$2.163M	1.5%	$14.99	+20.4%	COM NEW	247361702
—	MCDERMOTT INTL INC	265,880	$1.975M	1.4%	$7.84	—	COM	580037109
BRK/A	BERKSHIRE HATHAWAY INC DEL	11	$1.875M	1.3%	$165023.42	+4.8%	CL A	084670108
SLV	ISHARES SILVER TRUST	81,979	$1.713M	1.2%	$19.08	—	ISHARES	46428Q109
UAL	UNITED CONTL HLDGS INC	45,839	$1.408M	1.0%	$32.18	0.0%	COM	910047109
—	CHESAPEAKE ENERGY CORP	734	$822K	0.6%	—	—	Call	165167907
AIZ	ASSURANT INC	13,753	$744K	0.5%	$42.50	0.0%	COM	04621X108
—	CENTRAL FD CDA LTD	50,383	$741K	0.5%	$13.60	—	CL A	153501101
NGD	NEW GOLD INC CDA	105,435	$631K	0.4%	$6.81	0.0%	COM	644535106
GLD	SPDR GOLD TRUST	2,000	$256K	0.2%	$119.14	—	GOLD SHS	78463V107
PSLV	SPROTT PHYSICAL SILVER TRUST ETF	27,597	$241K	0.2%	$7.94	—	TR UNIT	85207K107
RAIL	FREIGHTCAR AMER INC	7,976	$165K	0.1%	$18.91	-2.2%	COM	357023100