ARMOR ADVISORS, L.L.C. Hedge Fund

Location: New York, NY

CIK: 0001600698 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 9, 2025

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

Holdings (19)

CRH CRH PLC 19.4%

Value $24.34M Shares 276,641 Est. Cost $65.61 Unrealized +48.8%

FNV FRANCO NEV CORP 9.9%

Value $12.41M Shares 78,770 Est. Cost $109.71 Unrealized +27.0%

NMM NAVIOS MARITIME PARTNERS L P 9.7%

Value $12.16M Shares 310,000 Est. Cost $62.63 Unrealized —

FERG FERGUSON ENTERPRISES INC 8.7%

Value $10.92M Shares 68,136 Est. Cost $191.49 Unrealized -10.9%

RGLD ROYAL GOLD INC 8.0%

Value $10.09M Shares 61,705 Est. Cost $124.38 Unrealized +17.9%

NMM NAVIOS MARITIME PARTNERS L P 5.5%

Value $6.907M Shares 176,105 Est. Cost $62.63 Unrealized —

KSPI KASPI KZ JSC 5.1%

Value $6.411M Shares 69,050 Est. Cost $92.85 Unrealized —

ICLR ICON PLC 4.8%

Value $6.01M Shares 34,342 Est. Cost $221.69 Unrealized -12.6%

FCNCA FIRST CTZNS BANCSHARES INC N 4.7%

Value $5.9M Shares 3,182 Est. Cost $1442.35 Unrealized +40.7%

SBLK STAR BULK CARRIERS CORP 4.1%

Value $5.198M Shares 334,069 Est. Cost $21.49 Unrealized -27.4%

NVDA NVIDIA CORPORATION 3.9%

Value $4.877M Shares 45,000 Est. Cost — Unrealized —

BIDU BAIDU INC 2.9%

Value $3.681M Shares 40,000 Est. Cost $92.03 Unrealized —

— HAFNIA LTD 2.8%

Value $3.535M Shares 849,659 Est. Cost $4.16 Unrealized —

XLF SELECT SECTOR SPDR TR 2.4%

Value $2.989M Shares 60,000 Est. Cost — Unrealized —

FRO FRONTLINE PLC 2.3%

Value $2.826M Shares 190,332 Est. Cost $17.96 Unrealized -9.8%

SLV ISHARES SILVER TR 2.2%

Value $2.798M Shares 90,277 Est. Cost $29.46 Unrealized —

SPY SPDR S&P 500 ETF TR 1.6%

Value $1.958M Shares 3,500 Est. Cost — Unrealized —

BIDU BAIDU INC 1.5%

Value $1.841M Shares 20,000 Est. Cost $92.03 Unrealized —

SA SEABRIDGE GOLD INC 0.5%

Value $620K Shares 53,142 Est. Cost $15.23 Unrealized -22.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CRH	CRH PLC	276,641	$24.34M	19.4%	$65.61	+48.8%	ORD	G25508105
FNV	FRANCO NEV CORP	78,770	$12.41M	9.9%	$109.71	+27.0%	COM	351858105
NMM	NAVIOS MARITIME PARTNERS L P	310,000	$12.16M	9.7%	$62.63	—	Call	Y62267409
FERG	FERGUSON ENTERPRISES INC	68,136	$10.92M	8.7%	$191.49	-10.9%	COM	31488V107
RGLD	ROYAL GOLD INC	61,705	$10.09M	8.0%	$124.38	+17.9%	COM	780287108
NMM	NAVIOS MARITIME PARTNERS L P	176,105	$6.907M	5.5%	$62.63	—	COM UNIT LPI	Y62267409
KSPI	KASPI KZ JSC	69,050	$6.411M	5.1%	$92.85	—	SPONSORED ADS	48581R205
ICLR	ICON PLC	34,342	$6.01M	4.8%	$221.69	-12.6%	SHS	G4705A100
FCNCA	FIRST CTZNS BANCSHARES INC N	3,182	$5.9M	4.7%	$1442.35	+40.7%	CL A	31946M103
SBLK	STAR BULK CARRIERS CORP	334,069	$5.198M	4.1%	$21.49	-27.4%	SHS PAR	Y8162K204
NVDA	NVIDIA CORPORATION	45,000	$4.877M	3.9%	—	—	Put	67066G104
BIDU	BAIDU INC	40,000	$3.681M	2.9%	$92.03	—	SPON ADR REP A	056752108
—	HAFNIA LTD	849,659	$3.535M	2.8%	$4.16	—	ORD SHS	G4233B109
XLF	SELECT SECTOR SPDR TR	60,000	$2.989M	2.4%	—	—	Put	81369Y605
FRO	FRONTLINE PLC	190,332	$2.826M	2.3%	$17.96	-9.8%	COM	M46528101
SLV	ISHARES SILVER TR	90,277	$2.798M	2.2%	$29.46	—	ISHARES	46428Q109
SPY	SPDR S&P 500 ETF TR	3,500	$1.958M	1.6%	—	—	Put	78462F103
BIDU	BAIDU INC	20,000	$1.841M	1.5%	$92.03	—	Call	056752108
SA	SEABRIDGE GOLD INC	53,142	$620K	0.5%	$15.23	-22.1%	COM	811916105