Mountain Lake Investment Management LLC Diversified Active

Location: San Francisco, CA

CIK: 0001308555 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value: $106M (100.0% shares, 0.0% debt)

Holdings (30)

SGOL ETFS GOLD TR 14.9%

Value $15.79M Shares 529,402 Share Price $29.82 Est. Cost/Share $19.83 Unrealized @ Report Date —

PHYS SPROTT PHYSICAL GOLD TR 11.1%

Value $11.8M Shares 490,593 Share Price $24.06 Est. Cost/Share $17.29 Unrealized @ Report Date —

CAR AVIS BUDGET GROUP 7.7%

Value $8.211M Shares 108,185 Share Price $75.90 * Est. Cost/Share $94.72 Unrealized @ Report Date -15.2%

AN AUTONATION INC 7.5%

Value $7.971M Shares 49,225 Share Price $161.92 * Est. Cost/Share $167.06 Unrealized @ Report Date +6.8%

— SITIO ROYALTIES CORP 7.2%

Value $7.606M Shares 382,796 Share Price $19.87 Est. Cost/Share $26.00 Unrealized @ Report Date —

BLDR BUILDERS FIRSTSOURCE INC 6.5%

Value $6.907M Shares 55,284 Share Price $124.94 * Est. Cost/Share $155.06 Unrealized @ Report Date -6.2%

ALGT ALLEGIANT TRAVEL CO 6.3%

Value $6.711M Shares 129,939 Share Price $51.65 * Est. Cost/Share $105.62 Unrealized @ Report Date -23.9%

NE NOBLE CORP PLC 4.8%

Value $5.135M Shares 216,657 Share Price $23.70 * Est. Cost/Share $30.55 Unrealized @ Report Date -12.4%

EOG EOG RES INC 4.7%

Value $4.964M Shares 38,711 Share Price $128.24 * Est. Cost/Share $124.85 Unrealized @ Report Date +0.2%

SDRL SEADRILL LTD 4.7%

Value $4.941M Shares 197,639 Share Price $25.00 * Est. Cost/Share $37.26 Unrealized @ Report Date -16.9%

AR ANTERO RESOURCES CORP 4.5%

Value $4.799M Shares 118,669 Share Price $40.44 * Est. Cost/Share $20.04 Unrealized @ Report Date +91.4%

PDS PRECISION DRILLING CORP 2.7%

Value $2.875M Shares 61,712 Share Price $46.59 * Est. Cost/Share $44.70 Unrealized @ Report Date +21.7%

NRP NATURAL RESOURCE PARTNERS L 2.2%

Value $2.296M Shares 22,101 Share Price $103.90 Est. Cost/Share $107.26 Unrealized @ Report Date —

HTZ HERTZ GLOBAL HLDGS INC 1.9%

Value $2.007M Shares 509,461 Share Price $3.94 Est. Cost/Share $4.81 Unrealized @ Report Date -16.5%

OPLN OPENLANE INC 1.8%

Value $1.932M Shares 100,213 Share Price $19.28 * Est. Cost/Share $16.51 Unrealized @ Report Date +25.0%

BTU PEABODY ENERGY CORP 1.5%

Value $1.553M Shares 114,638 Share Price $13.55 * Est. Cost/Share $17.54 Unrealized @ Report Date -9.6%

OZK BANK OZK LITTLE ROCK ARK 1.4%

Value $1.539M Shares 35,430 Share Price $43.45 * Est. Cost/Share $45.46 Unrealized @ Report Date 0.0%

PPLT ABRDN PLATINUM ETF TRUST 1.2%

Value $1.276M Shares 13,960 Share Price $91.37 Est. Cost/Share $90.06 Unrealized @ Report Date —

FRPH FRP HLDGS INC 1.0%

Value $1.107M Shares 38,749 Share Price $28.57 * Est. Cost/Share $29.99 Unrealized @ Report Date +0.1%

TFPM TRIPLE FLAG PRECIOUS METAL 0.9%

Value $932K Shares 48,691 Share Price $19.15 * Est. Cost/Share $17.07 Unrealized @ Report Date 0.0%

SYY SYSCO CORP 0.9%

Value $908K Shares 12,099 Share Price $75.04 * Est. Cost/Share $71.30 Unrealized @ Report Date 0.0%

VAL VALARIS LTD 0.8%

Value $899K Shares 22,900 Share Price $39.26 * Est. Cost/Share $42.87 Unrealized @ Report Date 0.0%

CNR CORE NATURAL RESOURCES INC 0.8%

Value $887K Shares 11,500 Share Price $77.10 * Est. Cost/Share $84.05 Unrealized @ Report Date 0.0%

JOE ST JOE CO 0.8%

Value $878K Shares 18,708 Share Price $46.95 Est. Cost/Share $46.79 Unrealized @ Report Date 0.0%

ET ENERGY TRANSFER L P 0.7%

Value $782K Shares 42,049 Share Price $18.59 Est. Cost/Share $18.59 Unrealized @ Report Date —

GDX VANECK ETF TRUST 0.5%

Value $543K Shares 11,804 Share Price $45.97 Est. Cost/Share $33.91 Unrealized @ Report Date —

PSLV SPROTT PHYSICAL SILVER TR 0.3%

Value $348K Shares 30,000 Share Price $11.60 Est. Cost/Share $9.92 Unrealized @ Report Date —

MTN VAIL RESORTS INC 0.3%

Value $320K Shares 2,000 Share Price $160.02 * Est. Cost/Share $166.20 Unrealized @ Report Date 0.0%

GDXJ VANECK ETF TRUST 0.3%

Value $290K Shares 5,072 Share Price $57.20 Est. Cost/Share $40.78 Unrealized @ Report Date —

UROY URANIUM RTY CORP 0.0%

Value $35,200 Shares 20,000 Share Price $1.76 * Est. Cost/Share $2.46 Unrealized @ Report Date -13.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SGOL	ETFS GOLD TR	529,402	$15.79M	14.9%	$29.82	$19.83	—	PHYSCL GOLD SHS	00326A104
PHYS	SPROTT PHYSICAL GOLD TR	490,593	$11.8M	11.1%	$24.06	$17.29	—	UNIT	85207H104
CAR	AVIS BUDGET GROUP	108,185	$8.211M	7.7%	$75.90 *	$94.72	-15.2%	COM	053774105
AN	AUTONATION INC	49,225	$7.971M	7.5%	$161.92 *	$167.06	+6.8%	COM	05329W102
—	SITIO ROYALTIES CORP	382,796	$7.606M	7.2%	$19.87	$26.00	—	CLASS A COM	82983N108
BLDR	BUILDERS FIRSTSOURCE INC	55,284	$6.907M	6.5%	$124.94 *	$155.06	-6.2%	COM	12008R107
ALGT	ALLEGIANT TRAVEL CO	129,939	$6.711M	6.3%	$51.65 *	$105.62	-23.9%	COM	01748X102
NE	NOBLE CORP PLC	216,657	$5.135M	4.8%	$23.70 *	$30.55	-12.4%	ORD SHS A	G65431127
EOG	EOG RES INC	38,711	$4.964M	4.7%	$128.24 *	$124.85	+0.2%	COM	26875P101
SDRL	SEADRILL LTD	197,639	$4.941M	4.7%	$25.00 *	$37.26	-16.9%	COM	G7997W102
AR	ANTERO RESOURCES CORP	118,669	$4.799M	4.5%	$40.44 *	$20.04	+91.4%	COM	03674X106
PDS	PRECISION DRILLING CORP	61,712	$2.875M	2.7%	$46.59 *	$44.70	+21.7%	COM NEW	74022D407
NRP	NATURAL RESOURCE PARTNERS L	22,101	$2.296M	2.2%	$103.90	$107.26	—	COM UNIT LTD PAR	63900P608
HTZ	HERTZ GLOBAL HLDGS INC	509,461	$2.007M	1.9%	$3.94	$4.81	-16.5%	COM NEW	42806J700
OPLN	OPENLANE INC	100,213	$1.932M	1.8%	$19.28 *	$16.51	+25.0%	COM	48238T109
BTU	PEABODY ENERGY CORP	114,638	$1.553M	1.5%	$13.55 *	$17.54	-9.6%	COM	704551100
OZK	BANK OZK LITTLE ROCK ARK	35,430	$1.539M	1.4%	$43.45 *	$45.46	0.0%	COM	06417N103
PPLT	ABRDN PLATINUM ETF TRUST	13,960	$1.276M	1.2%	$91.37	$90.06	—	PHYSCL PLATM SHS	003260106
FRPH	FRP HLDGS INC	38,749	$1.107M	1.0%	$28.57 *	$29.99	+0.1%	COM	30292L107
TFPM	TRIPLE FLAG PRECIOUS METAL	48,691	$932K	0.9%	$19.15 *	$17.07	0.0%	COM	89679M104
SYY	SYSCO CORP	12,099	$908K	0.9%	$75.04 *	$71.30	0.0%	COM	871829107
VAL	VALARIS LTD	22,900	$899K	0.8%	$39.26 *	$42.87	0.0%	CL A	G9460G101
CNR	CORE NATURAL RESOURCES INC	11,500	$887K	0.8%	$77.10 *	$84.05	0.0%	COM SHS	218937100
JOE	ST JOE CO	18,708	$878K	0.8%	$46.95	$46.79	0.0%	COM	790148100
ET	ENERGY TRANSFER L P	42,049	$782K	0.7%	$18.59	$18.59	—	COM UT LTD PTN	29273V100
GDX	VANECK ETF TRUST	11,804	$543K	0.5%	$45.97	$33.91	—	GOLD MINERS ETF	92189F106
PSLV	SPROTT PHYSICAL SILVER TR	30,000	$348K	0.3%	$11.60	$9.92	—	TR UNIT	85207K107
MTN	VAIL RESORTS INC	2,000	$320K	0.3%	$160.02 *	$166.20	0.0%	COM	91879Q109
GDXJ	VANECK ETF TRUST	5,072	$290K	0.3%	$57.20	$40.78	—	JUNIOR GOLD MINE	92189F791
UROY	URANIUM RTY CORP	20,000	$35,200	0.0%	$1.76 *	$2.46	-13.0%	COM	91702V101