Mountain Lake Investment Management LLC Diversified Active

Location: San Francisco, CA

CIK: 0001308555 · Show all filings

Period: Q3 2016 (← Previous) (Next →)

Filing Date: Feb 15, 2017

Total Value: $273M (100.0% shares, 0.0% debt)

Holdings (27)

SPY SPDR SP 500 ETF TR 36.5%

Value $99.5M Shares 460,000 Est. Cost $138.42 Unrealized —

KOP KOPPERS HOLDINGS INC 5.6%

Value $15.29M Shares 475,000 Est. Cost $21.54 Unrealized +41.9%

CAPL CROSSAMERICA PARTNERS LP 5.5%

Value $15.01M Shares 591,100 Est. Cost $24.04 Unrealized —

— CAPITAL SR LIVING CORP 4.8%

Value $13.19M Shares 785,000 Est. Cost $21.20 Unrealized —

— OWENS ILL INC 4.7%

Value $12.87M Shares 700,000 Est. Cost $21.97 Unrealized —

DAL DELTA AIR LINES INC DEL 4.5%

Value $12.2M Shares 310,000 Est. Cost $36.17 Unrealized -6.6%

CAR AVIS BUDGET GROUP 4.2%

Value $11.46M Shares 335,000 Est. Cost $36.61 Unrealized -6.0%

AXTA AXALTA COATING SYS LTD 3.4%

Value $9.188M Shares 325,000 Est. Cost $28.28 Unrealized -1.0%

— NATIONAL OILWELL VARCO INC 3.4%

Value $9.185M Shares 250,000 Est. Cost $40.48 Unrealized —

— CBS CORP NEW 3.3%

Value $9.032M Shares 165,000 Est. Cost $54.70 Unrealized —

USB US BANCORP DEL 3.1%

Value $8.578M Shares 200,000 Est. Cost $29.65 Unrealized +1.1%

CF CF INDS HLDGS INC 3.1%

Value $8.523M Shares 350,000 Est. Cost $19.97 Unrealized -5.4%

— HERTZ GLOBAL HLDGS INC 3.1%

Value $8.434M Shares 210,000 Est. Cost $40.16 Unrealized —

— CINER RES LP 2.9%

Value $7.783M Shares 250,000 Est. Cost $23.40 Unrealized —

— CNX COAL RES LP 2.3%

Value $6.216M Shares 401,000 Est. Cost $8.81 Unrealized —

— ACTUANT CORP 2.2%

Value $6.042M Shares 260,000 Est. Cost $23.24 Unrealized —

— ALLIANCE HOLDINGS GP LP 2.1%

Value $5.601M Shares 215,000 Est. Cost $18.94 Unrealized —

PAA PLAINS ALL AMERN PIPELINE L 1.8%

Value $4.847M Shares 154,300 Est. Cost $22.62 Unrealized —

ARLP ALLIANCE RES PARTNER LP 1.7%

Value $4.547M Shares 205,000 Est. Cost $13.23 Unrealized —

— BARRICK GOLD CORP 0.7%

Value $2.038M Shares 115,000 Est. Cost $6.36 Unrealized —

KBR KBR INC 0.6%

Value $1.513M Shares 100,000 Est. Cost $12.91 Unrealized 0.0%

XRAY DENTSPLY SIRONA INC 0.4%

Value $1.04M Shares 17,500 Est. Cost $61.44 Unrealized 0.0%

AIG AMERICAN INTL GROUP INC 0.1%

Value $297K Shares 5,000 Est. Cost $42.70 Unrealized +5.5%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value $216K Shares 1 Est. Cost $165023.42 Unrealized +32.9%

ORCL ORACLE CORP 0.1%

Value $196K Shares 5,000 Est. Cost $29.48 Unrealized +20.2%

— CLOUD PEAK ENERGY INC 0.1%

Value $168K Shares 30,800 Est. Cost $5.45 Unrealized —

CNA CNA FINCL CORP 0.0%

Value $3,000 Shares 100 Est. Cost $15.42 Unrealized +8.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR SP 500 ETF TR	460,000	$99.5M	36.5%	$138.42	—	Put	78462F103
KOP	KOPPERS HOLDINGS INC	475,000	$15.29M	5.6%	$21.54	+41.9%	COM	50060P106
CAPL	CROSSAMERICA PARTNERS LP	591,100	$15.01M	5.5%	$24.04	—	UT LTD PTN INT	22758A105
—	CAPITAL SR LIVING CORP	785,000	$13.19M	4.8%	$21.20	—	COM	140475104
—	OWENS ILL INC	700,000	$12.87M	4.7%	$21.97	—	COM	690768403
DAL	DELTA AIR LINES INC DEL	310,000	$12.2M	4.5%	$36.17	-6.6%	COM NEW	247361702
CAR	AVIS BUDGET GROUP	335,000	$11.46M	4.2%	$36.61	-6.0%	COM	053774105
AXTA	AXALTA COATING SYS LTD	325,000	$9.188M	3.4%	$28.28	-1.0%	COM	G0750C108
—	NATIONAL OILWELL VARCO INC	250,000	$9.185M	3.4%	$40.48	—	COM	637071101
—	CBS CORP NEW	165,000	$9.032M	3.3%	$54.70	—	CL B	124857202
USB	US BANCORP DEL	200,000	$8.578M	3.1%	$29.65	+1.1%	COM NEW	902973304
CF	CF INDS HLDGS INC	350,000	$8.523M	3.1%	$19.97	-5.4%	COM	125269100
—	HERTZ GLOBAL HLDGS INC	210,000	$8.434M	3.1%	$40.16	—	COM	42806J106
—	CINER RES LP	250,000	$7.783M	2.9%	$23.40	—	COM UNIT LTD	172464109
—	CNX COAL RES LP	401,000	$6.216M	2.3%	$8.81	—	COM UNIT RP LP	12592V100
—	ACTUANT CORP	260,000	$6.042M	2.2%	$23.24	—	CL A NEW	00508X203
—	ALLIANCE HOLDINGS GP LP	215,000	$5.601M	2.1%	$18.94	—	COM UNITS LP	01861G100
PAA	PLAINS ALL AMERN PIPELINE L	154,300	$4.847M	1.8%	$22.62	—	UNIT LTD PARTN	726503105
ARLP	ALLIANCE RES PARTNER LP	205,000	$4.547M	1.7%	$13.23	—	UT LTD PART	01877R108
—	BARRICK GOLD CORP	115,000	$2.038M	0.7%	$6.36	—	COM	067901108
KBR	KBR INC	100,000	$1.513M	0.6%	$12.91	0.0%	COM	48242W106
XRAY	DENTSPLY SIRONA INC	17,500	$1.04M	0.4%	$61.44	0.0%	COM	24906P109
AIG	AMERICAN INTL GROUP INC	5,000	$297K	0.1%	$42.70	+5.5%	COM NEW	026874784
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$216K	0.1%	$165023.42	+32.9%	CL A	084670108
ORCL	ORACLE CORP	5,000	$196K	0.1%	$29.48	+20.2%	COM	68389X105
—	CLOUD PEAK ENERGY INC	30,800	$168K	0.1%	$5.45	—	COM	18911Q102
CNA	CNA FINCL CORP	100	$3,000	0.0%	$15.42	+8.4%	COM	126117100