Mountain Lake Investment Management LLC Diversified Active

CIK: 0001308555 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $134,277 (100.0% shares, 0.0% debt)

Holdings (26)

SGOL ETFS GOLD TR 12.6%

Value ($000) $16,900 Shares 459,101 Est. Cost $19.83 Unrealized —

PHYS SPROTT ASSET MANAGEMENT LP 10.2%

Value ($000) $13,689 Shares 462,140 Est. Cost $17.29 Unrealized —

AN AUTONATION INC 7.9%

Value ($000) $10,651 Shares 48,684 Est. Cost $167.89 Unrealized +25.5%

DHI D R HORTON INC 7.8%

Value ($000) $10,423 Shares 61,503 Est. Cost $122.31 Unrealized +28.1%

VNOM VIPER ENERGY INC 7.3%

Value ($000) $9,853 Shares 257,808 Est. Cost $38.10 Unrealized 0.0%

BLDR BUILDERS FIRSTSOURCE INC 6.9%

Value ($000) $9,283 Shares 76,562 Est. Cost $142.42 Unrealized -6.8%

ALSN ALLISON TRANSMISSION HLDGS I 6.3%

Value ($000) $8,473 Shares 99,823 Est. Cost $89.26 Unrealized -0.8%

ALGT ALLEGIANT TRAVEL CO 6.2%

Value ($000) $8,307 Shares 136,702 Est. Cost $99.11 Unrealized -42.1%

NE NOBLE CORP PLC 4.8%

Value ($000) $6,415 Shares 226,853 Est. Cost $30.29 Unrealized -9.0%

EOG EOG RES INC 4.2%

Value ($000) $5,605 Shares 49,988 Est. Cost $122.08 Unrealized -3.4%

NRP NATURAL RESOURCE PARTNERS L 3.6%

Value ($000) $4,790 Shares 45,622 Est. Cost $102.88 Unrealized —

SDRL SEADRILL LTD 3.3%

Value ($000) $4,394 Shares 145,436 Est. Cost $34.80 Unrealized -12.5%

AR ANTERO RESOURCES CORP 2.5%

Value ($000) $3,410 Shares 101,608 Est. Cost $22.77 Unrealized +46.3%

HP HELMERICH & PAYNE INC 2.2%

Value ($000) $3,013 Shares 136,393 Est. Cost $18.44 Unrealized 0.0%

CNC CENTENE CORP DEL 2.2%

Value ($000) $2,976 Shares 83,402 Est. Cost $30.20 Unrealized 0.0%

TFPM TRIPLE FLAG PRECIOUS METAL 1.6%

Value ($000) $2,180 Shares 74,516 Est. Cost $18.89 Unrealized +36.8%

PPLT ABRDN PLATINUM ETF TRUST 1.4%

Value ($000) $1,920 Shares 13,440 Est. Cost $90.06 Unrealized —

ET ENERGY TRANSFER L P 1.4%

Value ($000) $1,884 Shares 109,774 Est. Cost $18.30 Unrealized —

PSLV SPROTT ASSET MANAGEMENT LP 1.2%

Value ($000) $1,569 Shares 99,908 Est. Cost $12.81 Unrealized —

VAL VALARIS LTD 1.2%

Value ($000) $1,559 Shares 31,974 Est. Cost $41.16 Unrealized +18.5%

PAA PLAINS ALL AMERN PIPELINE L 1.1%

Value ($000) $1,506 Shares 88,281 Est. Cost $18.32 Unrealized —

CI THE CIGNA GROUP 1.1%

Value ($000) $1,483 Shares 5,144 Est. Cost $293.19 Unrealized 0.0%

CNR CORE NATURAL RESOURCES INC 1.1%

Value ($000) $1,473 Shares 17,643 Est. Cost $79.87 Unrealized -6.4%

OPLN OPENLANE INC 1.0%

Value ($000) $1,281 Shares 44,493 Est. Cost $16.51 Unrealized +65.0%

BTU PEABODY ENERGY CORP 0.7%

Value ($000) $913 Shares 34,420 Est. Cost $17.54 Unrealized +1.2%

WES WESTERN MIDSTREAM PARTNERS L 0.2%

Value ($000) $329 Shares 8,363 Est. Cost $39.29 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SGOL	ETFS GOLD TR	459,101	$16,900	12.6%	$19.83	—	PHYSCL GOLD SHS	00326A104
PHYS	SPROTT ASSET MANAGEMENT LP	462,140	$13,689	10.2%	$17.29	—	PHYSICAL GOLD TR	85207H104
AN	AUTONATION INC	48,684	$10,651	7.9%	$167.89	+25.5%	COM	05329W102
DHI	D R HORTON INC	61,503	$10,423	7.8%	$122.31	+28.1%	COM	23331A109
VNOM	VIPER ENERGY INC	257,808	$9,853	7.3%	$38.10	0.0%	CL A	64361Q101
BLDR	BUILDERS FIRSTSOURCE INC	76,562	$9,283	6.9%	$142.42	-6.8%	COM	12008R107
ALSN	ALLISON TRANSMISSION HLDGS I	99,823	$8,473	6.3%	$89.26	-0.8%	COM	01973R101
ALGT	ALLEGIANT TRAVEL CO	136,702	$8,307	6.2%	$99.11	-42.1%	COM	01748X102
NE	NOBLE CORP PLC	226,853	$6,415	4.8%	$30.29	-9.0%	ORD SHS A	G65431127
EOG	EOG RES INC	49,988	$5,605	4.2%	$122.08	-3.4%	COM	26875P101
NRP	NATURAL RESOURCE PARTNERS L	45,622	$4,790	3.6%	$102.88	—	COM UNIT LTD PAR	63900P608
SDRL	SEADRILL LTD	145,436	$4,394	3.3%	$34.80	-12.5%	COM	G7997W102
AR	ANTERO RESOURCES CORP	101,608	$3,410	2.5%	$22.77	+46.3%	COM	03674X106
HP	HELMERICH & PAYNE INC	136,393	$3,013	2.2%	$18.44	0.0%	COM	423452101
CNC	CENTENE CORP DEL	83,402	$2,976	2.2%	$30.20	0.0%	COM	15135B101
TFPM	TRIPLE FLAG PRECIOUS METAL	74,516	$2,180	1.6%	$18.89	+36.8%	COM	89679M104
PPLT	ABRDN PLATINUM ETF TRUST	13,440	$1,920	1.4%	$90.06	—	PHYSCL PLATM SHS	003260106
ET	ENERGY TRANSFER L P	109,774	$1,884	1.4%	$18.30	—	COM UT LTD PTN	29273V100
PSLV	SPROTT ASSET MANAGEMENT LP	99,908	$1,569	1.2%	$12.81	—	PHYSICAL SILVER	85207K107
VAL	VALARIS LTD	31,974	$1,559	1.2%	$41.16	+18.5%	CL A	G9460G101
PAA	PLAINS ALL AMERN PIPELINE L	88,281	$1,506	1.1%	$18.32	—	UNIT LTD PARTN	726503105
CI	THE CIGNA GROUP	5,144	$1,483	1.1%	$293.19	0.0%	COM	125523100
CNR	CORE NATURAL RESOURCES INC	17,643	$1,473	1.1%	$79.87	-6.4%	COM SHS	218937100
OPLN	OPENLANE INC	44,493	$1,281	1.0%	$16.51	+65.0%	COM	48238T109
BTU	PEABODY ENERGY CORP	34,420	$913	0.7%	$17.54	+1.2%	COM	704551100
WES	WESTERN MIDSTREAM PARTNERS L	8,363	$329	0.2%	$39.29	—	COM UNIT LP INT	958669103