Mountain Lake Investment Management LLC Diversified Active

Location: San Francisco, CA

CIK: 0001308555 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Jan 30, 2025

Total Value: $86.84M (100.0% shares, 0.0% debt)

Holdings (29)

SGOL ETFS GOLD TR 12.9%

Value $11.2M Shares 447,295 Share Price $25.05 Est. Cost/Share $17.99 Unrealized @ Report Date —

ALGT ALLEGIANT TRAVEL CO 11.7%

Value $10.15M Shares 108,000 Share Price $93.98 * Est. Cost/Share $110.75 Unrealized @ Report Date -34.2%

PHYS SPROTT PHYSICAL GOLD TR 8.7%

Value $7.57M Shares 376,000 Share Price $20.13 Est. Cost/Share $15.22 Unrealized @ Report Date —

— SITIO ROYALTIES CORP 7.0%

Value $6.063M Shares 316,578 Share Price $19.15 Est. Cost/Share $27.29 Unrealized @ Report Date —

SDRL SEADRILL 2021 LTD 6.9%

Value $6.008M Shares 154,700 Share Price $38.84 Est. Cost/Share $39.00 Unrealized @ Report Date -0.6%

NE NOBLE CORP PLC 6.6%

Value $5.712M Shares 182,859 Share Price $31.24 * Est. Cost/Share $31.25 Unrealized @ Report Date -2.7%

CAR AVIS BUDGET GROUP 6.2%

Value $5.426M Shares 67,547 Share Price $80.32 * Est. Cost/Share $103.35 Unrealized @ Report Date -11.8%

BLDR BUILDERS FIRSTSOURCE INC 6.0%

Value $5.201M Shares 36,367 Share Price $143.00 * Est. Cost/Share $160.04 Unrealized @ Report Date +10.6%

AN AUTONATION INC 5.9%

Value $5.126M Shares 30,200 Share Price $169.72 Est. Cost/Share $159.92 Unrealized @ Report Date +5.6%

AR ANTERO RESOURCES CORP 5.6%

Value $4.857M Shares 138,351 Share Price $35.11 * Est. Cost/Share $20.04 Unrealized @ Report Date +51.1%

PDS PRECISION DRILLING CORP 4.1%

Value $3.562M Shares 51,981 Share Price $68.52 * Est. Cost/Share $42.89 Unrealized @ Report Date +42.9%

NXE NEXGEN ENERGY LTD 2.2%

Value $1.942M Shares 294,244 Share Price $6.60 * Est. Cost/Share $2.63 Unrealized @ Report Date +186.6%

OPLN OPENLANE INC 2.2%

Value $1.876M Shares 94,500 Share Price $19.85 * Est. Cost/Share $16.26 Unrealized @ Report Date +13.4%

URNJ SPROTT FDS TR 1.9%

Value $1.626M Shares 87,493 Share Price $18.58 Est. Cost/Share $18.06 Unrealized @ Report Date —

HTZ HERTZ GLOBAL HLDGS INC 1.8%

Value $1.597M Shares 438,000 Share Price $3.65 Est. Cost/Share $4.94 Unrealized @ Report Date -26.8%

NRP NATURAL RESOURCE PARTNERS L 1.4%

Value $1.222M Shares 11,050 Share Price $110.63 Est. Cost/Share $110.63 Unrealized @ Report Date —

GDXJ VANECK ETF TRUST 1.4%

Value $1.216M Shares 28,446 Share Price $42.74 Est. Cost/Share $40.78 Unrealized @ Report Date —

PPLT ABRDN PLATINUM ETF TRUST 1.1%

Value $996K Shares 12,000 Share Price $82.98 Est. Cost/Share $89.85 Unrealized @ Report Date —

SII SPROTT INC 0.9%

Value $762K Shares 18,089 Share Price $42.14 * Est. Cost/Share $36.79 Unrealized @ Report Date +17.8%

IBIT ISHARES BITCOIN TRUST ETF 0.9%

Value $745K Shares 14,000 Share Price $53.19 Est. Cost/Share $53.19 Unrealized @ Report Date —

EOG EOG RES INC 0.8%

Value $735K Shares 6,000 Share Price $122.58 Est. Cost/Share $123.33 Unrealized @ Report Date 0.0%

GDX VANECK ETF TRUST 0.7%

Value $644K Shares 19,000 Share Price $33.91 Est. Cost/Share $33.91 Unrealized @ Report Date —

OXY OCCIDENTAL PETE CORP 0.7%

Value $618K Shares 12,500 Share Price $49.41 Est. Cost/Share $49.25 Unrealized @ Report Date 0.0%

URNM SPROTT FDS TR 0.7%

Value $566K Shares 14,052 Share Price $40.30 Est. Cost/Share $45.88 Unrealized @ Report Date —

BTU PEABODY ENERGY CORP 0.6%

Value $482K Shares 23,000 Share Price $20.94 * Est. Cost/Share $24.26 Unrealized @ Report Date 0.0%

SA SEABRIDGE GOLD INC 0.4%

Value $313K Shares 27,400 Share Price $11.41 * Est. Cost/Share $11.50 Unrealized @ Report Date +34.0%

FRPH FRP HLDGS INC 0.4%

Value $306K Shares 10,000 Share Price $30.63 Est. Cost/Share $29.94 Unrealized @ Report Date +2.1%

PSLV SPROTT PHYSICAL SILVER TR 0.3%

Value $290K Shares 30,000 Share Price $9.65 Est. Cost/Share $9.92 Unrealized @ Report Date —

UROY URANIUM RTY CORP 0.0%

Value $32,850 Shares 15,000 Share Price $2.19 * Est. Cost/Share $2.57 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SGOL	ETFS GOLD TR	447,295	$11.2M	12.9%	$25.05	$17.99	—	PHYSCL GOLD SHS	00326A104
ALGT	ALLEGIANT TRAVEL CO	108,000	$10.15M	11.7%	$93.98 *	$110.75	-34.2%	COM	01748X102
PHYS	SPROTT PHYSICAL GOLD TR	376,000	$7.57M	8.7%	$20.13	$15.22	—	UNIT	85207H104
—	SITIO ROYALTIES CORP	316,578	$6.063M	7.0%	$19.15	$27.29	—	CLASS A COM	82983N108
SDRL	SEADRILL 2021 LTD	154,700	$6.008M	6.9%	$38.84	$39.00	-0.6%	COM	G7997W102
NE	NOBLE CORP PLC	182,859	$5.712M	6.6%	$31.24 *	$31.25	-2.7%	ORD SHS A	G65431127
CAR	AVIS BUDGET GROUP	67,547	$5.426M	6.2%	$80.32 *	$103.35	-11.8%	COM	053774105
BLDR	BUILDERS FIRSTSOURCE INC	36,367	$5.201M	6.0%	$143.00 *	$160.04	+10.6%	COM	12008R107
AN	AUTONATION INC	30,200	$5.126M	5.9%	$169.72	$159.92	+5.6%	COM	05329W102
AR	ANTERO RESOURCES CORP	138,351	$4.857M	5.6%	$35.11 *	$20.04	+51.1%	COM	03674X106
PDS	PRECISION DRILLING CORP	51,981	$3.562M	4.1%	$68.52 *	$42.89	+42.9%	COM NEW	74022D407
NXE	NEXGEN ENERGY LTD	294,244	$1.942M	2.2%	$6.60 *	$2.63	+186.6%	COM	65340P106
OPLN	OPENLANE INC	94,500	$1.876M	2.2%	$19.85 *	$16.26	+13.4%	COM	48238T109
URNJ	SPROTT FDS TR	87,493	$1.626M	1.9%	$18.58	$18.06	—	JUNIOR URANIUM	85208P808
HTZ	HERTZ GLOBAL HLDGS INC	438,000	$1.597M	1.8%	$3.65	$4.94	-26.8%	COM NEW	42806J700
NRP	NATURAL RESOURCE PARTNERS L	11,050	$1.222M	1.4%	$110.63	$110.63	—	COM UNIT LTD PAR	63900P608
GDXJ	VANECK ETF TRUST	28,446	$1.216M	1.4%	$42.74	$40.78	—	JUNIOR GOLD MINE	92189F791
PPLT	ABRDN PLATINUM ETF TRUST	12,000	$996K	1.1%	$82.98	$89.85	—	PHYSCL PLATM SHS	003260106
SII	SPROTT INC	18,089	$762K	0.9%	$42.14 *	$36.79	+17.8%	COM NEW	852066208
IBIT	ISHARES BITCOIN TRUST ETF	14,000	$745K	0.9%	$53.19	$53.19	—	SHS BEN INT	46438F101
EOG	EOG RES INC	6,000	$735K	0.8%	$122.58	$123.33	0.0%	COM	26875P101
GDX	VANECK ETF TRUST	19,000	$644K	0.7%	$33.91	$33.91	—	GOLD MINERS ETF	92189F106
OXY	OCCIDENTAL PETE CORP	12,500	$618K	0.7%	$49.41	$49.25	0.0%	COM	674599105
URNM	SPROTT FDS TR	14,052	$566K	0.7%	$40.30	$45.88	—	URANIUM MINERS E	85208P303
BTU	PEABODY ENERGY CORP	23,000	$482K	0.6%	$20.94 *	$24.26	0.0%	COM	704551100
SA	SEABRIDGE GOLD INC	27,400	$313K	0.4%	$11.41 *	$11.50	+34.0%	COM	811916105
FRPH	FRP HLDGS INC	10,000	$306K	0.4%	$30.63	$29.94	+2.1%	COM	30292L107
PSLV	SPROTT PHYSICAL SILVER TR	30,000	$290K	0.3%	$9.65	$9.92	—	TR UNIT	85207K107
UROY	URANIUM RTY CORP	15,000	$32,850	0.0%	$2.19 *	$2.57	0.0%	COM	91702V101