Mountain Lake Investment Management LLC Diversified Active

Location: San Francisco, CA

CIK: 0001308555 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 15, 2014

Total Value: $138M (100.0% shares, 0.0% debt)

Holdings (38)

C CITIGROUP INC 8.1%

Value $11.17M Shares 234,574 Est. Cost $36.33 Unrealized +2.1%

— PRECISION DRILLING CORP 7.2%

Value $9.966M Shares 832,575 Est. Cost $9.37 Unrealized —

ORCL ORACLE CORP 6.9%

Value $9.492M Shares 232,022 Est. Cost $27.13 Unrealized +17.9%

CE CELANESE CORP DEL 6.6%

Value $9.101M Shares 163,958 Est. Cost $39.22 Unrealized +8.4%

GLD SPDR GOLD TRUST 6.6%

Value $9.045M Shares 73,174 Est. Cost $116.20 Unrealized —

— WELLPOINT INC 5.9%

Value $8.161M Shares 81,981 Est. Cost $90.20 Unrealized —

CAR AVIS BUDGET GROUP 5.6%

Value $7.662M Shares 157,324 Est. Cost $28.49 Unrealized +43.3%

— ENSCO PLC 5.2%

Value $7.203M Shares 136,480 Est. Cost $53.22 Unrealized —

EXC EXELON CORP 4.8%

Value $6.648M Shares 198,097 Est. Cost $13.77 Unrealized +0.2%

JPM JPMORGAN CHASE CO 4.4%

Value $6.123M Shares 100,851 Est. Cost $38.52 Unrealized +9.3%

— NATIONAL OILWELL VARCO INC 4.1%

Value $5.626M Shares 72,246 Est. Cost $78.77 Unrealized —

AIG AMERICAN INTL GROUP INC 3.6%

Value $4.917M Shares 98,328 Est. Cost $32.51 Unrealized +16.5%

LUV SOUTHWEST AIRLS CO 3.5%

Value $4.834M Shares 204,731 Est. Cost $11.86 Unrealized +61.7%

— HILLENBRAND INC 3.2%

Value $4.413M Shares 136,487 Est. Cost $23.71 Unrealized —

MS MORGAN STANLEY 3.2%

Value $4.396M Shares 141,032 Est. Cost $17.33 Unrealized +31.0%

— KINDER MORGAN MANAGEMENT LLC 2.3%

Value $3.13M Shares 43,677 Est. Cost $71.66 Unrealized —

— ONEOK PARTNERS LP 2.2%

Value $2.963M Shares 55,338 Est. Cost $52.54 Unrealized —

KMI KINDER MORGAN INC DEL 2.1%

Value $2.956M Shares 90,992 Est. Cost $18.43 Unrealized 0.0%

CF CF INDS HLDGS INC 2.1%

Value $2.867M Shares 11,000 Est. Cost $28.88 Unrealized +22.0%

PSLV SPROTT PHYSICAL SILVER TR 1.6%

Value $2.149M Shares 274,128 Est. Cost $7.60 Unrealized —

CALM CAL MAINE FOODS INC 1.5%

Value $1.999M Shares 31,847 Est. Cost $19.11 Unrealized 0.0%

NC NACCO INDS INC 1.4%

Value $1.954M Shares 36,042 Est. Cost $10.29 Unrealized -1.6%

NGD NEW GOLD INC CDA 1.4%

Value $1.932M Shares 395,815 Est. Cost $5.99 Unrealized -3.6%

— MARKET VECTORS ETF TR 1.2%

Value $1.717M Shares 47,392 Est. Cost $31.05 Unrealized —

GNW GENWORTH FINL INC 1.2%

Value $1.613M Shares 90,987 Est. Cost $16.05 Unrealized 0.0%

— KINDER MORGAN ENERGY PARTNER 1.0%

Value $1.346M Shares 18,199 Est. Cost $73.96 Unrealized —

— MFC INDL LTD 0.7%

Value $905K Shares 114,012 Est. Cost $8.07 Unrealized —

— AMERICAN INTL GROUP INC 0.6%

Value $795K Shares 38,874 Est. Cost $20.45 Unrealized —

HY HYSTER YALE MATLS HANDLING I 0.5%

Value $624K Shares 6,400 Est. Cost $65.22 Unrealized +8.2%

BPOP POPULAR INC 0.4%

Value $603K Shares 19,472 Est. Cost $21.45 Unrealized 0.0%

AB ALLIANCEBERNSTEIN HOLDING LP 0.3%

Value $398K Shares 15,923 Est. Cost $25.00 Unrealized —

PHYS SPROTT PHYSICAL GOLD TRUST 0.2%

Value $316K Shares 29,613 Est. Cost $10.28 Unrealized —

— MARKET VECTORS ETF TR 0.2%

Value $248K Shares 10,519 Est. Cost $23.58 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value $187K Shares 1 Est. Cost $165023.42 Unrealized +6.4%

— SPDR SP 500 ETF TR 0.1%

Value $117K Shares 910 Est. Cost $124.69 Unrealized —

— BP PLC 0.1%

Value $90,000 Shares 228 Est. Cost $394.74 Unrealized —

— BANK OF AMERICA CORPORATION 0.0%

Value $53,000 Shares 6,403 Est. Cost $8.28 Unrealized —

— KINDER MORGAN INC DEL 0.0%

Value $32,000 Shares 18,199 Est. Cost $1.76 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
C	CITIGROUP INC	234,574	$11.17M	8.1%	$36.33	+2.1%	COM NEW	172967424
—	PRECISION DRILLING CORP	832,575	$9.966M	7.2%	$9.37	—	COM 2010	74022D308
ORCL	ORACLE CORP	232,022	$9.492M	6.9%	$27.13	+17.9%	COM	68389X105
CE	CELANESE CORP DEL	163,958	$9.101M	6.6%	$39.22	+8.4%	COM SER A	150870103
GLD	SPDR GOLD TRUST	73,174	$9.045M	6.6%	$116.20	—	GOLD SHS	78463V107
—	WELLPOINT INC	81,981	$8.161M	5.9%	$90.20	—	COM	94973V107
CAR	AVIS BUDGET GROUP	157,324	$7.662M	5.6%	$28.49	+43.3%	COM	053774105
—	ENSCO PLC	136,480	$7.203M	5.2%	$53.22	—	SHS CLASS A	G3157S106
EXC	EXELON CORP	198,097	$6.648M	4.8%	$13.77	+0.2%	COM	30161N101
JPM	JPMORGAN CHASE CO	100,851	$6.123M	4.4%	$38.52	+9.3%	COM	46625H100
—	NATIONAL OILWELL VARCO INC	72,246	$5.626M	4.1%	$78.77	—	COM	637071101
AIG	AMERICAN INTL GROUP INC	98,328	$4.917M	3.6%	$32.51	+16.5%	COM NEW	026874784
LUV	SOUTHWEST AIRLS CO	204,731	$4.834M	3.5%	$11.86	+61.7%	COM	844741108
—	HILLENBRAND INC	136,487	$4.413M	3.2%	$23.71	—	COM	431571108
MS	MORGAN STANLEY	141,032	$4.396M	3.2%	$17.33	+31.0%	COM NEW	617446448
—	KINDER MORGAN MANAGEMENT LLC	43,677	$3.13M	2.3%	$71.66	—	SHS	49455U100
—	ONEOK PARTNERS LP	55,338	$2.963M	2.2%	$52.54	—	UNIT LTD PARTN	68268N103
KMI	KINDER MORGAN INC DEL	90,992	$2.956M	2.1%	$18.43	0.0%	COM	49456B101
CF	CF INDS HLDGS INC	11,000	$2.867M	2.1%	$28.88	+22.0%	COM	125269100
PSLV	SPROTT PHYSICAL SILVER TR	274,128	$2.149M	1.6%	$7.60	—	TR UNIT	85207K107
CALM	CAL MAINE FOODS INC	31,847	$1.999M	1.5%	$19.11	0.0%	COM NEW	128030202
NC	NACCO INDS INC	36,042	$1.954M	1.4%	$10.29	-1.6%	CL A	629579103
NGD	NEW GOLD INC CDA	395,815	$1.932M	1.4%	$5.99	-3.6%	COM	644535106
—	MARKET VECTORS ETF TR	47,392	$1.717M	1.2%	$31.05	—	JR GOLD MINERS E	57061R544
GNW	GENWORTH FINL INC	90,987	$1.613M	1.2%	$16.05	0.0%	COM CL A	37247D106
—	KINDER MORGAN ENERGY PARTNER	18,199	$1.346M	1.0%	$73.96	—	UT LTD PARTNER	494550106
—	MFC INDL LTD	114,012	$905K	0.7%	$8.07	—	COM	55278T105
—	AMERICAN INTL GROUP INC	38,874	$795K	0.6%	$20.45	—	*W EXP 01/19/2021	026874156
HY	HYSTER YALE MATLS HANDLING I	6,400	$624K	0.5%	$65.22	+8.2%	CL A	449172105
BPOP	POPULAR INC	19,472	$603K	0.4%	$21.45	0.0%	COM NEW	733174700
AB	ALLIANCEBERNSTEIN HOLDING LP	15,923	$398K	0.3%	$25.00	—	UNIT LTD PARTN	01881G106
PHYS	SPROTT PHYSICAL GOLD TRUST	29,613	$316K	0.2%	$10.28	—	UNIT	85207H104
—	MARKET VECTORS ETF TR	10,519	$248K	0.2%	$23.58	—	GOLD MINER ETF	57060U100
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$187K	0.1%	$165023.42	+6.4%	CL A	084670108
—	SPDR SP 500 ETF TR	910	$117K	0.1%	$124.69	—	PUT	78462F953
—	BP PLC	228	$90,000	0.1%	$394.74	—	CALL	055622904
—	BANK OF AMERICA CORPORATION	6,403	$53,000	0.0%	$8.28	—	*W EXP 01/16/2019	060505146
—	KINDER MORGAN INC DEL	18,199	$32,000	0.0%	$1.76	—	*W EXP 05/25/2017	49456B119