Mountain Lake Investment Management LLC Diversified Active

CIK: 0001308555 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 14, 2018

Total Value ($000): $279,287 (100.0% shares, 0.0% debt)

Holdings (26)

— SPDR S&P 500 ETF TR 23.9%

Value ($000) $66,715 Shares 250,000 Est. Cost — Unrealized —

VSAT VIASAT INC 8.7%

Value ($000) $24,326 Shares 325,000 Est. Cost $65.21 Unrealized +6.2%

AR ANTERO RES CORP 7.3%

Value ($000) $20,425 Shares 1,075,000 Est. Cost $19.86 Unrealized -3.5%

CAR AVIS BUDGET GROUP 7.1%

Value ($000) $19,746 Shares 450,000 Est. Cost $32.02 Unrealized +18.0%

— ALLIANCE HOLDINGS GP LP 6.9%

Value ($000) $19,155 Shares 715,000 Est. Cost $23.68 Unrealized —

— CAPITAL SR LIVING CORP 6.2%

Value ($000) $17,267 Shares 1,280,000 Est. Cost $18.62 Unrealized —

— SPIRIT AIRLS INC 6.2%

Value ($000) $17,267 Shares 385,000 Est. Cost $39.50 Unrealized —

— ISHARES TR 5.5%

Value ($000) $15,246 Shares 100,000 Est. Cost — Unrealized —

— CONSOL ENERGY INC NEW 4.2%

Value ($000) $11,632 Shares 294,400 Est. Cost $39.51 Unrealized —

— HERTZ GLOBAL HLDGS INC 3.6%

Value ($000) $9,945 Shares 450,000 Est. Cost $26.01 Unrealized —

— CONSOL COAL RES LP 3.1%

Value ($000) $8,608 Shares 550,000 Est. Cost $15.65 Unrealized —

— PRECISION DRILLING CORP 2.7%

Value ($000) $7,550 Shares 2,500,000 Est. Cost $3.03 Unrealized —

— CINER RES LP 2.5%

Value ($000) $6,905 Shares 275,000 Est. Cost $23.55 Unrealized —

UVE UNIVERSAL INS HLDGS INC 2.2%

Value ($000) $6,222 Shares 227,500 Est. Cost $22.69 Unrealized +10.6%

— NOBLE CORP PLC 2.2%

Value ($000) $6,102 Shares 1,350,000 Est. Cost $4.56 Unrealized —

RIG TRANSOCEAN LTD 1.8%

Value ($000) $5,073 Shares 475,000 Est. Cost $10.38 Unrealized 0.0%

CTRA CABOT OIL & GAS CORP 1.3%

Value ($000) $3,575 Shares 125,000 Est. Cost $17.99 Unrealized +12.0%

— AMC ENTMT HLDGS INC 1.1%

Value ($000) $3,096 Shares 205,000 Est. Cost $15.10 Unrealized —

CAPL CROSSAMERICA PARTNERS LP 1.0%

Value ($000) $2,731 Shares 115,000 Est. Cost $24.10 Unrealized —

— VISTA OUTDOOR INC 1.0%

Value ($000) $2,695 Shares 185,000 Est. Cost $14.57 Unrealized —

— OWENS ILL INC 0.8%

Value ($000) $2,217 Shares 100,000 Est. Cost $20.99 Unrealized —

— HI-CRUSH PARTNERS LP 0.6%

Value ($000) $1,605 Shares 150,000 Est. Cost $10.70 Unrealized —

KGC KINROSS GOLD CORP 0.2%

Value ($000) $562 Shares 130,000 Est. Cost $3.59 Unrealized +16.1%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $298 Shares 1 Est. Cost $165023.42 Unrealized +72.6%

— U S SILICA HLDGS INC 0.1%

Value ($000) $260 Shares 8,000 Est. Cost $32.50 Unrealized —

NXE NEXGEN ENERGY LTD 0.0%

Value ($000) $64 Shares 25,000 Est. Cost $2.32 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR S&P 500 ETF TR	250,000	$66,715	23.9%	—	—	Put	78462F953
VSAT	VIASAT INC	325,000	$24,326	8.7%	$65.21	+6.2%	COM	92552V100
AR	ANTERO RES CORP	1,075,000	$20,425	7.3%	$19.86	-3.5%	COM	03674X106
CAR	AVIS BUDGET GROUP	450,000	$19,746	7.1%	$32.02	+18.0%	COM	053774105
—	ALLIANCE HOLDINGS GP LP	715,000	$19,155	6.9%	$23.68	—	COM UNITS LP	01861G100
—	CAPITAL SR LIVING CORP	1,280,000	$17,267	6.2%	$18.62	—	COM	140475104
—	SPIRIT AIRLS INC	385,000	$17,267	6.2%	$39.50	—	COM	848577102
—	ISHARES TR	100,000	$15,246	5.5%	—	—	Put	464287955
—	CONSOL ENERGY INC NEW	294,400	$11,632	4.2%	$39.51	—	COM	20854L108
—	HERTZ GLOBAL HLDGS INC	450,000	$9,945	3.6%	$26.01	—	COM	42806J106
—	CONSOL COAL RES LP	550,000	$8,608	3.1%	$15.65	—	COM UNIT	20855T100
—	PRECISION DRILLING CORP	2,500,000	$7,550	2.7%	$3.03	—	COM 2010	74022D308
—	CINER RES LP	275,000	$6,905	2.5%	$23.55	—	COM UNIT LTD	172464109
UVE	UNIVERSAL INS HLDGS INC	227,500	$6,222	2.2%	$22.69	+10.6%	COM	91359V107
—	NOBLE CORP PLC	1,350,000	$6,102	2.2%	$4.56	—	SHS USD	G65431101
RIG	TRANSOCEAN LTD	475,000	$5,073	1.8%	$10.38	0.0%	REG SHS	H8817H100
CTRA	CABOT OIL & GAS CORP	125,000	$3,575	1.3%	$17.99	+12.0%	COM	127097103
—	AMC ENTMT HLDGS INC	205,000	$3,096	1.1%	$15.10	—	CL A COM	00165C104
CAPL	CROSSAMERICA PARTNERS LP	115,000	$2,731	1.0%	$24.10	—	UT LTD PTN INT	22758A105
—	VISTA OUTDOOR INC	185,000	$2,695	1.0%	$14.57	—	COM	928377100
—	OWENS ILL INC	100,000	$2,217	0.8%	$20.99	—	COM NEW	690768403
—	HI-CRUSH PARTNERS LP	150,000	$1,605	0.6%	$10.70	—	COM UNIT LTD	428337109
KGC	KINROSS GOLD CORP	130,000	$562	0.2%	$3.59	+16.1%	COM NO PAR	496902404
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$298	0.1%	$165023.42	+72.6%	CL A	084670108
—	U S SILICA HLDGS INC	8,000	$260	0.1%	$32.50	—	COM	90346E103
NXE	NEXGEN ENERGY LTD	25,000	$64	0.0%	$2.32	0.0%	COM	65340P106