Mountain Lake Investment Management LLC Diversified Active

CIK: 0001308555 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 15, 2017

Total Value ($000): $240,976 (100.0% shares, 0.0% debt)

Holdings (32)

IWM ISHARES TR 17.1%

Value ($000) $41,244 Shares 300,000 Est. Cost — Unrealized —

SPY SPDR SP 500 ETF TR 14.7%

Value ($000) $35,361 Shares 150,000 Est. Cost — Unrealized —

CAR AVIS BUDGET GROUP 7.4%

Value ($000) $17,748 Shares 600,000 Est. Cost $35.07 Unrealized -6.0%

— CAPITAL SR LIVING CORP 7.0%

Value ($000) $16,872 Shares 1,200,000 Est. Cost $19.22 Unrealized —

CAPL CROSSAMERICA PARTNERS LP 6.8%

Value ($000) $16,363 Shares 625,000 Est. Cost $24.10 Unrealized —

DAL DELTA AIR LINES INC DEL 4.7%

Value ($000) $11,260 Shares 245,000 Est. Cost $36.17 Unrealized +21.5%

— ALLIANCE HOLDINGS GP LP 4.4%

Value ($000) $10,624 Shares 387,300 Est. Cost $22.79 Unrealized —

— OWENS ILL INC 4.2%

Value ($000) $10,210 Shares 501,000 Est. Cost $20.99 Unrealized —

AXTA AXALTA COATING SYS LTD 3.9%

Value ($000) $9,499 Shares 295,000 Est. Cost $28.28 Unrealized +5.0%

— ACTUANT CORP 3.9%

Value ($000) $9,446 Shares 358,500 Est. Cost $23.96 Unrealized —

KOP KOPPERS HOLDINGS INC 3.7%

Value ($000) $8,817 Shares 208,200 Est. Cost $21.54 Unrealized +89.0%

— CNX COAL RES LP 3.3%

Value ($000) $7,960 Shares 469,600 Est. Cost $10.88 Unrealized —

TRV TRAVELERS COMPANIES INC 3.3%

Value ($000) $7,835 Shares 65,000 Est. Cost $98.92 Unrealized 0.0%

— CINER RES LP 3.0%

Value ($000) $7,133 Shares 250,000 Est. Cost $23.40 Unrealized —

USB US BANCORP DEL 2.5%

Value ($000) $5,923 Shares 115,000 Est. Cost $29.65 Unrealized +28.4%

— HERTZ GLOBAL HLDGS INC 2.4%

Value ($000) $5,788 Shares 330,000 Est. Cost $32.72 Unrealized —

— NATIONAL OILWELL VARCO INC 2.1%

Value ($000) $5,111 Shares 127,500 Est. Cost $40.48 Unrealized —

GM GENERAL MTRS CO 1.0%

Value ($000) $2,475 Shares 70,000 Est. Cost $30.95 Unrealized 0.0%

— BARRICK GOLD CORP 0.6%

Value ($000) $1,519 Shares 80,000 Est. Cost $18.99 Unrealized —

CF CF INDS HLDGS INC 0.6%

Value ($000) $1,468 Shares 50,000 Est. Cost $19.97 Unrealized +29.1%

— AGRIUM INC 0.6%

Value ($000) $1,462 Shares 15,300 Est. Cost $95.56 Unrealized —

VSAT VIASAT INC 0.5%

Value ($000) $1,193 Shares 18,700 Est. Cost $65.60 Unrealized 0.0%

TSN TYSON FOODS INC 0.4%

Value ($000) $1,080 Shares 17,500 Est. Cost $50.05 Unrealized 0.0%

AR ANTERO RES CORP 0.4%

Value ($000) $1,026 Shares 45,000 Est. Cost $24.48 Unrealized 0.0%

GDX VANECK VECTORS ETF TR 0.3%

Value ($000) $741 Shares 32,500 Est. Cost $22.80 Unrealized —

GDXJ VANECK VECTORS ETF TR 0.3%

Value ($000) $720 Shares 20,000 Est. Cost $36.00 Unrealized —

CALM CAL MAINE FOODS INC 0.2%

Value ($000) $552 Shares 15,000 Est. Cost $30.46 Unrealized 0.0%

— DELEK US HLDGS INC 0.2%

Value ($000) $485 Shares 20,000 Est. Cost $24.25 Unrealized —

KGC KINROSS GOLD CORP 0.2%

Value ($000) $456 Shares 130,000 Est. Cost $3.59 Unrealized 0.0%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $250 Shares 1 Est. Cost $165023.42 Unrealized +52.0%

SABR SABRE CORP 0.1%

Value ($000) $212 Shares 10,000 Est. Cost $22.89 Unrealized 0.0%

NOMD NOMAD HLDGS LTD 0.1%

Value ($000) $143 Shares 12,500 Est. Cost $10.66 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	300,000	$41,244	17.1%	—	—	Put	464287655
SPY	SPDR SP 500 ETF TR	150,000	$35,361	14.7%	—	—	Put	78462F103
CAR	AVIS BUDGET GROUP	600,000	$17,748	7.4%	$35.07	-6.0%	COM	053774105
—	CAPITAL SR LIVING CORP	1,200,000	$16,872	7.0%	$19.22	—	COM	140475104
CAPL	CROSSAMERICA PARTNERS LP	625,000	$16,363	6.8%	$24.10	—	UT LTD PTN INT	22758A105
DAL	DELTA AIR LINES INC DEL	245,000	$11,260	4.7%	$36.17	+21.5%	COM NEW	247361702
—	ALLIANCE HOLDINGS GP LP	387,300	$10,624	4.4%	$22.79	—	COM UNITS LP	01861G100
—	OWENS ILL INC	501,000	$10,210	4.2%	$20.99	—	COM	690768403
AXTA	AXALTA COATING SYS LTD	295,000	$9,499	3.9%	$28.28	+5.0%	COM	G0750C108
—	ACTUANT CORP	358,500	$9,446	3.9%	$23.96	—	CL A NEW	00508X203
KOP	KOPPERS HOLDINGS INC	208,200	$8,817	3.7%	$21.54	+89.0%	COM	50060P106
—	CNX COAL RES LP	469,600	$7,960	3.3%	$10.88	—	COM UNIT RP LP	12592V100
TRV	TRAVELERS COMPANIES INC	65,000	$7,835	3.3%	$98.92	0.0%	COM	89417E109
—	CINER RES LP	250,000	$7,133	3.0%	$23.40	—	COM UNIT LTD	172464109
USB	US BANCORP DEL	115,000	$5,923	2.5%	$29.65	+28.4%	COM NEW	902973304
—	HERTZ GLOBAL HLDGS INC	330,000	$5,788	2.4%	$32.72	—	COM	42806J106
—	NATIONAL OILWELL VARCO INC	127,500	$5,111	2.1%	$40.48	—	COM	637071101
GM	GENERAL MTRS CO	70,000	$2,475	1.0%	$30.95	0.0%	COM	37045V100
—	BARRICK GOLD CORP	80,000	$1,519	0.6%	$18.99	—	COM	067901108
CF	CF INDS HLDGS INC	50,000	$1,468	0.6%	$19.97	+29.1%	COM	125269100
—	AGRIUM INC	15,300	$1,462	0.6%	$95.56	—	COM	008916108
VSAT	VIASAT INC	18,700	$1,193	0.5%	$65.60	0.0%	COM	92552V100
TSN	TYSON FOODS INC	17,500	$1,080	0.4%	$50.05	0.0%	CL A	902494103
AR	ANTERO RES CORP	45,000	$1,026	0.4%	$24.48	0.0%	COM	03674X106
GDX	VANECK VECTORS ETF TR	32,500	$741	0.3%	$22.80	—	GOLD MINERS ETF	92189F106
GDXJ	VANECK VECTORS ETF TR	20,000	$720	0.3%	$36.00	—	JR GOLD MINERS E	92189F791
CALM	CAL MAINE FOODS INC	15,000	$552	0.2%	$30.46	0.0%	COM NEW	128030202
—	DELEK US HLDGS INC	20,000	$485	0.2%	$24.25	—	COM	246647101
KGC	KINROSS GOLD CORP	130,000	$456	0.2%	$3.59	0.0%	COM NO PAR	496902404
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$250	0.1%	$165023.42	+52.0%	CL A	084670108
SABR	SABRE CORP	10,000	$212	0.1%	$22.89	0.0%	COM	78573M104
NOMD	NOMAD HLDGS LTD	12,500	$143	0.1%	$10.66	0.0%	USD ORD SHS	G6564A105