Mountain Lake Investment Management LLC Diversified Active

CIK: 0001308555 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 15, 2024

Total Value ($000): $96,440 (100.0% shares, 0.0% debt)

Holdings (21)

SGOL ABRDN GOLD ETF TRUST 13.8%

Value ($000) $13,275 Shares 625,000 Est. Cost $17.92 Unrealized —

— SITIO ROYALTIES CORP 9.6%

Value ($000) $9,270 Shares 375,000 Est. Cost $27.29 Unrealized —

ALGT ALLEGIANT TRAVEL CO 9.2%

Value ($000) $8,875 Shares 118,000 Est. Cost $130.30 Unrealized -42.6%

SDRL SEADRILL 2021 LTD 8.5%

Value ($000) $8,199 Shares 163,000 Est. Cost $38.78 Unrealized +17.1%

NE NOBLE CORP PLC 8.2%

Value ($000) $7,928 Shares 163,500 Est. Cost $31.50 Unrealized +26.8%

NXE NEXGEN ENERGY LTD 8.2%

Value ($000) $7,887 Shares 1,015,000 Est. Cost $2.63 Unrealized +182.2%

PHYS SPROTT PHYSICAL GOLD TR 6.3%

Value ($000) $6,055 Shares 350,000 Est. Cost $14.95 Unrealized —

AR ANTERO RESOURCES CORP 6.0%

Value ($000) $5,829 Shares 201,000 Est. Cost $18.97 Unrealized +27.3%

PDS PRECISION DRILLING CORP 5.2%

Value ($000) $4,979 Shares 74,000 Est. Cost $23.03 Unrealized +162.5%

— VISTA OUTDOOR INC 4.6%

Value ($000) $4,425 Shares 135,000 Est. Cost $25.88 Unrealized —

ABG ASBURY AUTOMOTIVE GROUP INC 4.5%

Value ($000) $4,362 Shares 18,500 Est. Cost $211.80 Unrealized +0.2%

TFPM TRIPLE FLAG PRECIOUS METAL 4.1%

Value ($000) $3,974 Shares 275,000 Est. Cost $13.47 Unrealized -4.1%

URNJ SPROTT FDS TR 2.7%

Value ($000) $2,601 Shares 102,300 Est. Cost $17.17 Unrealized —

BLDR BUILDERS FIRSTSOURCE INC 2.6%

Value ($000) $2,471 Shares 11,850 Est. Cost $138.81 Unrealized +33.1%

COST COSTCO WHSL CORP NEW 1.5%

Value ($000) $1,443 Shares 1,970 Est. Cost $468.97 Unrealized +50.7%

AN AUTONATION INC 1.4%

Value ($000) $1,325 Shares 8,000 Est. Cost $147.13 Unrealized 0.0%

GDXJ VANECK ETF TRUST 1.0%

Value ($000) $969 Shares 25,000 Est. Cost $38.74 Unrealized —

OPLN OPENLANE INC 0.9%

Value ($000) $865 Shares 50,000 Est. Cost $15.02 Unrealized 0.0%

SA SEABRIDGE GOLD INC 0.9%

Value ($000) $847 Shares 56,000 Est. Cost $11.50 Unrealized +1.4%

SII SPROTT INC 0.6%

Value ($000) $554 Shares 15,000 Est. Cost $34.66 Unrealized 0.0%

FRPH FRP HLDGS INC 0.3%

Value ($000) $307 Shares 5,000 Est. Cost $29.97 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SGOL	ABRDN GOLD ETF TRUST	625,000	$13,275	13.8%	$17.92	—	PHYSCL GOLD SHS	00326A104
—	SITIO ROYALTIES CORP	375,000	$9,270	9.6%	$27.29	—	CLASS A COM	82983N108
ALGT	ALLEGIANT TRAVEL CO	118,000	$8,875	9.2%	$130.30	-42.6%	COM	01748X102
SDRL	SEADRILL 2021 LTD	163,000	$8,199	8.5%	$38.78	+17.1%	COM	G7997W102
NE	NOBLE CORP PLC	163,500	$7,928	8.2%	$31.50	+26.8%	ORD SHS A	G65431127
NXE	NEXGEN ENERGY LTD	1,015,000	$7,887	8.2%	$2.63	+182.2%	COM	65340P106
PHYS	SPROTT PHYSICAL GOLD TR	350,000	$6,055	6.3%	$14.95	—	UNIT	85207H104
AR	ANTERO RESOURCES CORP	201,000	$5,829	6.0%	$18.97	+27.3%	COM	03674X106
PDS	PRECISION DRILLING CORP	74,000	$4,979	5.2%	$23.03	+162.5%	COM NEW	74022D407
—	VISTA OUTDOOR INC	135,000	$4,425	4.6%	$25.88	—	COM	928377100
ABG	ASBURY AUTOMOTIVE GROUP INC	18,500	$4,362	4.5%	$211.80	+0.2%	COM	043436104
TFPM	TRIPLE FLAG PRECIOUS METAL	275,000	$3,974	4.1%	$13.47	-4.1%	COM	89679M104
URNJ	SPROTT FDS TR	102,300	$2,601	2.7%	$17.17	—	JUNIOR URANIUM	85208P808
BLDR	BUILDERS FIRSTSOURCE INC	11,850	$2,471	2.6%	$138.81	+33.1%	COM	12008R107
COST	COSTCO WHSL CORP NEW	1,970	$1,443	1.5%	$468.97	+50.7%	COM	22160K105
AN	AUTONATION INC	8,000	$1,325	1.4%	$147.13	0.0%	COM	05329W102
GDXJ	VANECK ETF TRUST	25,000	$969	1.0%	$38.74	—	JUNIOR GOLD MINE	92189F791
OPLN	OPENLANE INC	50,000	$865	0.9%	$15.02	0.0%	COM	48238T109
SA	SEABRIDGE GOLD INC	56,000	$847	0.9%	$11.50	+1.4%	COM	811916105
SII	SPROTT INC	15,000	$554	0.6%	$34.66	0.0%	COM NEW	852066208
FRPH	FRP HLDGS INC	5,000	$307	0.3%	$29.97	0.0%	COM	30292L107