Mountain Lake Investment Management LLC Diversified Active

CIK: 0001308555 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 15, 2019

Total Value ($000): $272,745 (100.0% shares, 0.0% debt)

Holdings (23)

SPY SPDR S&P 500 ETF TR 10.4%

Value ($000) $28,248 Shares 100,000 Est. Cost — Unrealized —

ARLP ALLIANCE RES PARTNER L P 9.7%

Value ($000) $26,366 Shares 1,295,000 Est. Cost $18.27 Unrealized —

VSAT VIASAT INC 9.5%

Value ($000) $25,963 Shares 335,000 Est. Cost $65.49 Unrealized +6.3%

ALGT ALLEGIANT TRAVEL CO 7.3%

Value ($000) $20,003 Shares 154,500 Est. Cost $120.24 Unrealized 0.0%

PWR QUANTA SVCS INC 6.9%

Value ($000) $18,870 Shares 500,000 Est. Cost $32.67 Unrealized +5.0%

— SPIRIT AIRLS INC 6.8%

Value ($000) $18,501 Shares 350,000 Est. Cost $39.22 Unrealized —

— CONSOL ENERGY INC NEW 6.5%

Value ($000) $17,623 Shares 515,000 Est. Cost $36.64 Unrealized —

KOP KOPPERS HOLDINGS INC 6.2%

Value ($000) $16,952 Shares 652,500 Est. Cost $22.79 Unrealized -0.0%

IWM ISHARES TR 5.6%

Value ($000) $15,310 Shares 100,000 Est. Cost — Unrealized —

— PRECISION DRILLING CORP 5.1%

Value ($000) $13,982 Shares 5,850,000 Est. Cost $2.38 Unrealized —

— NATIONAL OILWELL VARCO INC 5.0%

Value ($000) $13,533 Shares 508,000 Est. Cost $33.43 Unrealized —

AR ANTERO RES CORP 4.6%

Value ($000) $12,450 Shares 1,410,000 Est. Cost $17.98 Unrealized -47.4%

AM ANTERO MIDSTREAM CORP 4.3%

Value ($000) $11,713 Shares 850,000 Est. Cost $6.27 Unrealized 0.0%

— VISTA OUTDOOR INC 3.4%

Value ($000) $9,212 Shares 1,150,000 Est. Cost $13.29 Unrealized —

— CINER RES LP 2.5%

Value ($000) $6,943 Shares 272,500 Est. Cost $23.55 Unrealized —

BB BLACKBERRY LTD 2.2%

Value ($000) $6,060 Shares 600,620 Est. Cost $8.41 Unrealized 0.0%

— CONSOL COAL RES LP 1.6%

Value ($000) $4,418 Shares 250,000 Est. Cost $15.58 Unrealized —

— GENERAL ELECTRIC CO 1.1%

Value ($000) $2,947 Shares 295,000 Est. Cost $9.99 Unrealized —

— BARRICK GOLD CORPORATION 0.7%

Value ($000) $1,851 Shares 135,000 Est. Cost $13.71 Unrealized —

NEM NEWMONT MNG CORP 0.3%

Value ($000) $894 Shares 25,000 Est. Cost $27.34 Unrealized 0.0%

PAAS PAN AMERICAN SILVER CORP 0.1%

Value ($000) $398 Shares 30,000 Est. Cost $14.00 Unrealized 0.0%

— GOLDCORP INC NEW 0.1%

Value ($000) $286 Shares 25,000 Est. Cost $11.44 Unrealized —

— TENNECO INC 0.1%

Value ($000) $222 Shares 10,000 Est. Cost $22.20 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	100,000	$28,248	10.4%	—	—	Put	78462F103
ARLP	ALLIANCE RES PARTNER L P	1,295,000	$26,366	9.7%	$18.27	—	UT LTD PART	01877R108
VSAT	VIASAT INC	335,000	$25,963	9.5%	$65.49	+6.3%	COM	92552V100
ALGT	ALLEGIANT TRAVEL CO	154,500	$20,003	7.3%	$120.24	0.0%	COM	01748X102
PWR	QUANTA SVCS INC	500,000	$18,870	6.9%	$32.67	+5.0%	COM	74762E102
—	SPIRIT AIRLS INC	350,000	$18,501	6.8%	$39.22	—	COM	848577102
—	CONSOL ENERGY INC NEW	515,000	$17,623	6.5%	$36.64	—	COM	20854L108
KOP	KOPPERS HOLDINGS INC	652,500	$16,952	6.2%	$22.79	-0.0%	COM	50060P106
IWM	ISHARES TR	100,000	$15,310	5.6%	—	—	Put	464287655
—	PRECISION DRILLING CORP	5,850,000	$13,982	5.1%	$2.38	—	COM 2010	74022D308
—	NATIONAL OILWELL VARCO INC	508,000	$13,533	5.0%	$33.43	—	COM	637071101
AR	ANTERO RES CORP	1,410,000	$12,450	4.6%	$17.98	-47.4%	COM	03674X106
AM	ANTERO MIDSTREAM CORP	850,000	$11,713	4.3%	$6.27	0.0%	COM	03676B102
—	VISTA OUTDOOR INC	1,150,000	$9,212	3.4%	$13.29	—	COM	928377100
—	CINER RES LP	272,500	$6,943	2.5%	$23.55	—	COM UNIT LTD	172464109
BB	BLACKBERRY LTD	600,620	$6,060	2.2%	$8.41	0.0%	COM	09228F103
—	CONSOL COAL RES LP	250,000	$4,418	1.6%	$15.58	—	COM UNIT	20855T100
—	GENERAL ELECTRIC CO	295,000	$2,947	1.1%	$9.99	—	COM	369604103
—	BARRICK GOLD CORPORATION	135,000	$1,851	0.7%	$13.71	—	COM	067901108
NEM	NEWMONT MNG CORP	25,000	$894	0.3%	$27.34	0.0%	COM	651639106
PAAS	PAN AMERICAN SILVER CORP	30,000	$398	0.1%	$14.00	0.0%	COM	697900108
—	GOLDCORP INC NEW	25,000	$286	0.1%	$11.44	—	COM	380956409
—	TENNECO INC	10,000	$222	0.1%	$22.20	—	CL A VTG COM STK	880349105