Mountain Lake Investment Management LLC Diversified Active

Name: Mountain Lake Investment Management LLC Q3 2023 13F Filing | 13F Explorer
Creator: Mountain Lake Investment Management LLC
Published: 2023-11-14

Location: San Francisco, CA

CIK: 0001308555 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 14, 2023

Total Value: $125M (100.0% shares, 0.0% debt)

Holdings (16)

QQQ INVESCO QQQ TR 10.1%

Value $12.54M Shares 35,000 Share Price $358.27 Est. Cost/Share — Unrealized @ Report Date —

SGOL ABRDN GOLD ETF TRUST 9.6%

Value $11.94M Shares 675,000 Share Price $17.69 Est. Cost/Share $17.92 Unrealized @ Report Date —

— VISTA OUTDOOR INC 8.2%

Value $10.27M Shares 310,000 Share Price $33.12 Est. Cost/Share $25.88 Unrealized @ Report Date —

— SITIO ROYALTIES CORP 8.1%

Value $10.12M Shares 417,843 Share Price $24.21 Est. Cost/Share $27.29 Unrealized @ Report Date —

NE NOBLE CORP PLC 7.7%

Value $9.65M Shares 190,529 Share Price $50.65 * Est. Cost/Share $31.50 Unrealized @ Report Date +41.7%

PDS PRECISION DRILLING CORP 7.5%

Value $9.383M Shares 139,800 Share Price $67.12 * Est. Cost/Share $23.03 Unrealized @ Report Date +176.1%

NXE NEXGEN ENERGY LTD 7.4%

Value $9.265M Shares 1,552,000 Share Price $5.97 * Est. Cost/Share $2.63 Unrealized @ Report Date +96.7%

ALGT ALLEGIANT TRAVEL CO 7.4%

Value $9.223M Shares 120,000 Share Price $76.86 * Est. Cost/Share $130.30 Unrealized @ Report Date -23.6%

SDRL SEADRILL 2021 LTD 7.1%

Value $8.865M Shares 197,931 Share Price $44.79 * Est. Cost/Share $38.78 Unrealized @ Report Date +20.0%

AR ANTERO RESOURCES CORP 5.6%

Value $7.03M Shares 277,000 Share Price $25.38 Est. Cost/Share $18.97 Unrealized @ Report Date +36.0%

EQT EQT CORP 5.6%

Value $7M Shares 172,500 Share Price $40.58 Est. Cost/Share $23.51 Unrealized @ Report Date +70.0%

SPY SPDR S&P 500 ETF TR 5.1%

Value $6.412M Shares 15,000 Share Price $427.48 Est. Cost/Share — Unrealized @ Report Date —

PHYS SPROTT PHYSICAL GOLD TR 4.0%

Value $5.012M Shares 350,000 Share Price $14.32 Est. Cost/Share $14.71 Unrealized @ Report Date —

TFPM TRIPLE FLAG PRECIOUS METAL 3.3%

Value $4.068M Shares 311,260 Share Price $13.07 * Est. Cost/Share $13.48 Unrealized @ Report Date -0.6%

URNJ SPROTT FDS TR 2.1%

Value $2.579M Shares 109,000 Share Price $23.66 Est. Cost/Share $17.17 Unrealized @ Report Date —

COST COSTCO WHSL CORP NEW 1.0%

Value $1.252M Shares 2,216 Share Price $564.96 * Est. Cost/Share $468.97 Unrealized @ Report Date +13.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
QQQ	INVESCO QQQ TR	35,000	$12.54M	10.1%	$358.27	—	—	Put	46090E103
SGOL	ABRDN GOLD ETF TRUST	675,000	$11.94M	9.6%	$17.69	$17.92	—	PHYSCL GOLD SHS	00326A104
—	VISTA OUTDOOR INC	310,000	$10.27M	8.2%	$33.12	$25.88	—	COM	928377100
—	SITIO ROYALTIES CORP	417,843	$10.12M	8.1%	$24.21	$27.29	—	CLASS A COM	82983N108
NE	NOBLE CORP PLC	190,529	$9.65M	7.7%	$50.65 *	$31.50	+41.7%	ORD SHS A	G65431127
PDS	PRECISION DRILLING CORP	139,800	$9.383M	7.5%	$67.12 *	$23.03	+176.1%	COM NEW	74022D407
NXE	NEXGEN ENERGY LTD	1,552,000	$9.265M	7.4%	$5.97 *	$2.63	+96.7%	COM	65340P106
ALGT	ALLEGIANT TRAVEL CO	120,000	$9.223M	7.4%	$76.86 *	$130.30	-23.6%	COM	01748X102
SDRL	SEADRILL 2021 LTD	197,931	$8.865M	7.1%	$44.79 *	$38.78	+20.0%	COM	G7997W102
AR	ANTERO RESOURCES CORP	277,000	$7.03M	5.6%	$25.38	$18.97	+36.0%	COM	03674X106
EQT	EQT CORP	172,500	$7M	5.6%	$40.58	$23.51	+70.0%	COM	26884L109
SPY	SPDR S&P 500 ETF TR	15,000	$6.412M	5.1%	$427.48	—	—	Put	78462F103
PHYS	SPROTT PHYSICAL GOLD TR	350,000	$5.012M	4.0%	$14.32	$14.71	—	UNIT	85207H104
TFPM	TRIPLE FLAG PRECIOUS METAL	311,260	$4.068M	3.3%	$13.07 *	$13.48	-0.6%	COM	89679M104
URNJ	SPROTT FDS TR	109,000	$2.579M	2.1%	$23.66	$17.17	—	JUNIOR URANIUM	85208P808
COST	COSTCO WHSL CORP NEW	2,216	$1.252M	1.0%	$564.96 *	$468.97	+13.5%	COM	22160K105