Mountain Lake Investment Management LLC Diversified Active

Name: Mountain Lake Investment Management LLC Q2 2023 13F Filing | 13F Explorer
Creator: Mountain Lake Investment Management LLC
Published: 2023-08-14

Location: San Francisco, CA

CIK: 0001308555 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value: $160M (100.0% shares, 0.0% debt)

Holdings (16)

QQQ INVESCO QQQ TR 19.6%

Value $31.4M Shares 85,000 Share Price $369.42 Est. Cost/Share — Unrealized @ Report Date —

SPY SPDR S&P 500 ETF TR 12.5%

Value $19.95M Shares 45,000 Share Price $443.28 Est. Cost/Share — Unrealized @ Report Date —

ALGT ALLEGIANT TRAVEL CO 9.0%

Value $14.46M Shares 114,500 Share Price $126.28 * Est. Cost/Share $131.77 Unrealized @ Report Date -23.3%

SGOL ABRDN GOLD ETF TRUST 7.8%

Value $12.55M Shares 683,000 Share Price $18.37 Est. Cost/Share $17.92 Unrealized @ Report Date —

— SITIO ROYALTIES CORP 7.4%

Value $11.77M Shares 448,000 Share Price $26.27 Est. Cost/Share $27.29 Unrealized @ Report Date —

SDRL SEADRILL 2021 LTD 5.5%

Value $8.741M Shares 211,800 Share Price $41.27 * Est. Cost/Share $38.78 Unrealized @ Report Date -4.2%

PDS PRECISION DRILLING CORP 5.3%

Value $8.507M Shares 174,500 Share Price $48.75 * Est. Cost/Share $23.03 Unrealized @ Report Date +107.3%

NE NOBLE CORP PLC 5.3%

Value $8.489M Shares 205,500 Share Price $41.31 * Est. Cost/Share $31.50 Unrealized @ Report Date +6.7%

— VISTA OUTDOOR INC 5.2%

Value $8.301M Shares 300,000 Share Price $27.67 Est. Cost/Share $25.64 Unrealized @ Report Date —

EQT EQT CORP 5.1%

Value $8.144M Shares 198,000 Share Price $41.13 * Est. Cost/Share $23.51 Unrealized @ Report Date +44.7%

NXE NEXGEN ENERGY LTD 4.8%

Value $7.691M Shares 1,633,000 Share Price $4.71 * Est. Cost/Share $2.63 Unrealized @ Report Date +54.3%

AR ANTERO RESOURCES CORP 4.4%

Value $7.036M Shares 305,500 Share Price $23.03 * Est. Cost/Share $18.97 Unrealized @ Report Date +17.1%

PHYS SPROTT PHYSICAL GOLD TR 3.4%

Value $5.371M Shares 360,000 Share Price $14.92 Est. Cost/Share $14.71 Unrealized @ Report Date —

TFPM TRIPLE FLAG PRECIOUS METAL 2.8%

Value $4.547M Shares 330,000 Share Price $13.78 * Est. Cost/Share $13.48 Unrealized @ Report Date +11.6%

URNJ SPROTT FDS TR 1.2%

Value $1.854M Shares 108,000 Share Price $17.17 Est. Cost/Share $17.17 Unrealized @ Report Date —

COST COSTCO WHSL CORP NEW 0.8%

Value $1.265M Shares 2,350 Share Price $538.38 * Est. Cost/Share $468.97 Unrealized @ Report Date +3.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
QQQ	INVESCO QQQ TR	85,000	$31.4M	19.6%	$369.42	—	—	Put	46090E103
SPY	SPDR S&P 500 ETF TR	45,000	$19.95M	12.5%	$443.28	—	—	Put	78462F103
ALGT	ALLEGIANT TRAVEL CO	114,500	$14.46M	9.0%	$126.28 *	$131.77	-23.3%	COM	01748X102
SGOL	ABRDN GOLD ETF TRUST	683,000	$12.55M	7.8%	$18.37	$17.92	—	PHYSCL GOLD SHS	00326A104
—	SITIO ROYALTIES CORP	448,000	$11.77M	7.4%	$26.27	$27.29	—	CLASS A COM	82983N108
SDRL	SEADRILL 2021 LTD	211,800	$8.741M	5.5%	$41.27 *	$38.78	-4.2%	COM	G7997W102
PDS	PRECISION DRILLING CORP	174,500	$8.507M	5.3%	$48.75 *	$23.03	+107.3%	COM NEW	74022D407
NE	NOBLE CORP PLC	205,500	$8.489M	5.3%	$41.31 *	$31.50	+6.7%	ORD SHS A	G65431127
—	VISTA OUTDOOR INC	300,000	$8.301M	5.2%	$27.67	$25.64	—	COM	928377100
EQT	EQT CORP	198,000	$8.144M	5.1%	$41.13 *	$23.51	+44.7%	COM	26884L109
NXE	NEXGEN ENERGY LTD	1,633,000	$7.691M	4.8%	$4.71 *	$2.63	+54.3%	COM	65340P106
AR	ANTERO RESOURCES CORP	305,500	$7.036M	4.4%	$23.03 *	$18.97	+17.1%	COM	03674X106
PHYS	SPROTT PHYSICAL GOLD TR	360,000	$5.371M	3.4%	$14.92	$14.71	—	UNIT	85207H104
TFPM	TRIPLE FLAG PRECIOUS METAL	330,000	$4.547M	2.8%	$13.78 *	$13.48	+11.6%	COM	89679M104
URNJ	SPROTT FDS TR	108,000	$1.854M	1.2%	$17.17	$17.17	—	JUNIOR URANIUM	85208P808
COST	COSTCO WHSL CORP NEW	2,350	$1.265M	0.8%	$538.38 *	$468.97	+3.9%	COM	22160K105