Mountain Lake Investment Management LLC Diversified Active

Name: Mountain Lake Investment Management LLC Q1 2019 13F Filing | 13F Explorer
Creator: Mountain Lake Investment Management LLC
Published: 2019-05-15

Location: San Francisco, CA

CIK: 0001308555 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 15, 2019

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

Holdings (23)

SPY SPDR S&P 500 ETF TR 10.4%

Value $28.25M Shares 100,000 Share Price $282.48 Est. Cost/Share — Unrealized @ Report Date —

ARLP ALLIANCE RES PARTNER L P 9.7%

Value $26.37M Shares 1,295,000 Share Price $20.36 Est. Cost/Share $18.27 Unrealized @ Report Date —

VSAT VIASAT INC 9.5%

Value $25.96M Shares 335,000 Share Price $77.50 * Est. Cost/Share $65.49 Unrealized @ Report Date +6.3%

ALGT ALLEGIANT TRAVEL CO 7.3%

Value $20M Shares 154,500 Share Price $129.47 * Est. Cost/Share $120.24 Unrealized @ Report Date 0.0%

PWR QUANTA SVCS INC 6.9%

Value $18.87M Shares 500,000 Share Price $37.74 * Est. Cost/Share $32.67 Unrealized @ Report Date +5.0%

— SPIRIT AIRLS INC 6.8%

Value $18.5M Shares 350,000 Share Price $52.86 Est. Cost/Share $39.22 Unrealized @ Report Date —

— CONSOL ENERGY INC NEW 6.5%

Value $17.62M Shares 515,000 Share Price $34.22 Est. Cost/Share $36.64 Unrealized @ Report Date —

KOP KOPPERS HOLDINGS INC 6.2%

Value $16.95M Shares 652,500 Share Price $25.98 * Est. Cost/Share $22.79 Unrealized @ Report Date -0.0%

IWM ISHARES TR 5.6%

Value $15.31M Shares 100,000 Share Price $153.10 Est. Cost/Share — Unrealized @ Report Date —

— PRECISION DRILLING CORP 5.1%

Value $13.98M Shares 5,850,000 Share Price $2.39 Est. Cost/Share $2.38 Unrealized @ Report Date —

— NATIONAL OILWELL VARCO INC 5.0%

Value $13.53M Shares 508,000 Share Price $26.64 Est. Cost/Share $33.43 Unrealized @ Report Date —

AR ANTERO RES CORP 4.6%

Value $12.45M Shares 1,410,000 Share Price $8.83 * Est. Cost/Share $17.98 Unrealized @ Report Date -47.4%

AM ANTERO MIDSTREAM CORP 4.3%

Value $11.71M Shares 850,000 Share Price $13.78 * Est. Cost/Share $6.27 Unrealized @ Report Date 0.0%

— VISTA OUTDOOR INC 3.4%

Value $9.212M Shares 1,150,000 Share Price $8.01 Est. Cost/Share $13.29 Unrealized @ Report Date —

— CINER RES LP 2.5%

Value $6.943M Shares 272,500 Share Price $25.48 Est. Cost/Share $23.55 Unrealized @ Report Date —

BB BLACKBERRY LTD 2.2%

Value $6.06M Shares 600,620 Share Price $10.09 * Est. Cost/Share $8.41 Unrealized @ Report Date 0.0%

— CONSOL COAL RES LP 1.6%

Value $4.418M Shares 250,000 Share Price $17.67 Est. Cost/Share $15.58 Unrealized @ Report Date —

— GENERAL ELECTRIC CO 1.1%

Value $2.947M Shares 295,000 Share Price $9.99 Est. Cost/Share $9.99 Unrealized @ Report Date —

— BARRICK GOLD CORPORATION 0.7%

Value $1.851M Shares 135,000 Share Price $13.71 Est. Cost/Share $13.71 Unrealized @ Report Date —

NEM NEWMONT MNG CORP 0.3%

Value $894K Shares 25,000 Share Price $35.76 * Est. Cost/Share $27.34 Unrealized @ Report Date 0.0%

PAAS PAN AMERICAN SILVER CORP 0.1%

Value $398K Shares 30,000 Share Price $13.27 * Est. Cost/Share $14.00 Unrealized @ Report Date 0.0%

— GOLDCORP INC NEW 0.1%

Value $286K Shares 25,000 Share Price $11.44 Est. Cost/Share $11.44 Unrealized @ Report Date —

— TENNECO INC 0.1%

Value $222K Shares 10,000 Share Price $22.20 Est. Cost/Share $22.20 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	100,000	$28.25M	10.4%	$282.48	—	—	Put	78462F103
ARLP	ALLIANCE RES PARTNER L P	1,295,000	$26.37M	9.7%	$20.36	$18.27	—	UT LTD PART	01877R108
VSAT	VIASAT INC	335,000	$25.96M	9.5%	$77.50 *	$65.49	+6.3%	COM	92552V100
ALGT	ALLEGIANT TRAVEL CO	154,500	$20M	7.3%	$129.47 *	$120.24	0.0%	COM	01748X102
PWR	QUANTA SVCS INC	500,000	$18.87M	6.9%	$37.74 *	$32.67	+5.0%	COM	74762E102
—	SPIRIT AIRLS INC	350,000	$18.5M	6.8%	$52.86	$39.22	—	COM	848577102
—	CONSOL ENERGY INC NEW	515,000	$17.62M	6.5%	$34.22	$36.64	—	COM	20854L108
KOP	KOPPERS HOLDINGS INC	652,500	$16.95M	6.2%	$25.98 *	$22.79	-0.0%	COM	50060P106
IWM	ISHARES TR	100,000	$15.31M	5.6%	$153.10	—	—	Put	464287655
—	PRECISION DRILLING CORP	5,850,000	$13.98M	5.1%	$2.39	$2.38	—	COM 2010	74022D308
—	NATIONAL OILWELL VARCO INC	508,000	$13.53M	5.0%	$26.64	$33.43	—	COM	637071101
AR	ANTERO RES CORP	1,410,000	$12.45M	4.6%	$8.83 *	$17.98	-47.4%	COM	03674X106
AM	ANTERO MIDSTREAM CORP	850,000	$11.71M	4.3%	$13.78 *	$6.27	0.0%	COM	03676B102
—	VISTA OUTDOOR INC	1,150,000	$9.212M	3.4%	$8.01	$13.29	—	COM	928377100
—	CINER RES LP	272,500	$6.943M	2.5%	$25.48	$23.55	—	COM UNIT LTD	172464109
BB	BLACKBERRY LTD	600,620	$6.06M	2.2%	$10.09 *	$8.41	0.0%	COM	09228F103
—	CONSOL COAL RES LP	250,000	$4.418M	1.6%	$17.67	$15.58	—	COM UNIT	20855T100
—	GENERAL ELECTRIC CO	295,000	$2.947M	1.1%	$9.99	$9.99	—	COM	369604103
—	BARRICK GOLD CORPORATION	135,000	$1.851M	0.7%	$13.71	$13.71	—	COM	067901108
NEM	NEWMONT MNG CORP	25,000	$894K	0.3%	$35.76 *	$27.34	0.0%	COM	651639106
PAAS	PAN AMERICAN SILVER CORP	30,000	$398K	0.1%	$13.27 *	$14.00	0.0%	COM	697900108
—	GOLDCORP INC NEW	25,000	$286K	0.1%	$11.44	$11.44	—	COM	380956409
—	TENNECO INC	10,000	$222K	0.1%	$22.20	$22.20	—	CL A VTG COM STK	880349105