L1 Capital Pty Ltd Quant / Systematic

Location: MELBOURNE VIC 3000, C3

CIK: 0001817646 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $2.547B (100.0% shares, 0.0% debt)

Holdings (22)

New Positions (9)

CRH CRH PLC 7.6%

Value $195M Shares 1,850,331 Est. Cost — Unrealized —

AMCR AMCOR PLC 6.9%

Value $175M Shares 4,400,214 Est. Cost — Unrealized —

CGAU CENTERRA GOLD INC 4.9%

Value $125M Shares 7,051,683 Est. Cost — Unrealized —

SCO PROSHARES TR II 1.7%

Value $43.16M Shares 5,187,995 Est. Cost — Unrealized —

TECK TECK RESOURCES LTD 1.3%

Value $32.84M Shares 634,547 Est. Cost — Unrealized —

NU NU HLDGS LTD 1.2%

Value $30.61M Shares 2,130,166 Est. Cost — Unrealized —

BLDR BUILDERS FIRSTSOURCE INC 0.9%

Value $24.08M Shares 292,503 Est. Cost — Unrealized —

CCL CARNIVAL CORP 0.7%

Value $18.53M Shares 715,980 Est. Cost — Unrealized —

NCLH NORWEGIAN CRUISE LINE HLDGS 0.7%

Value $17.04M Shares 911,342 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CRH	CRH PLC	1,850,331	$195M	7.6%	—	—	ORD	G25508105
AMCR	AMCOR PLC	4,400,214	$175M	6.9%	—	—	COM NEW	G0250X149
CGAU	CENTERRA GOLD INC	7,051,683	$125M	4.9%	—	—	COM	152006102
SCO	PROSHARES TR II	5,187,995	$43.16M	1.7%	—	—	ULSHT BLOOMB OIL	74347Y797
TECK	TECK RESOURCES LTD	634,547	$32.84M	1.3%	—	—	CL B	878742204
NU	NU HLDGS LTD	2,130,166	$30.61M	1.2%	—	—	ORD SHS CL A	G6683N103
BLDR	BUILDERS FIRSTSOURCE INC	292,503	$24.08M	0.9%	—	—	COM	12008R107
CCL	CARNIVAL CORP	715,980	$18.53M	0.7%	—	—	COMMON STOCK	143658300
NCLH	NORWEGIAN CRUISE LINE HLDGS	911,342	$17.04M	0.7%	—	—	SHS	G66721104

Increased Positions (9)

FLUT FLUTTER ENTMT PLC 7.1%

Value $180M (+504.1%) Shares 1,769,255 (+1174.2%) Est. Cost — Unrealized —

NXE NEXGEN ENERGY LTD 16.0%

Value $408M (+32.1%) Shares 35,220,809 (+4.7%) Est. Cost — Unrealized —

EQX EQUINOX GOLD CORP 13.8%

Value $352M (+24.3%) Shares 24,331,165 (+20.7%) Est. Cost — Unrealized —

AVR ANTERIS TECHNOLOGIES GLOBAL 1.7%

Value $43.23M (+208.1%) Shares 7,789,000 (+177.0%) Est. Cost — Unrealized —

ISOU ISOENERGY LTD 1.0%

Value $26.31M (+287.2%) Shares 2,485,077 (+232.9%) Est. Cost — Unrealized —

EXP EAGLE MATLS INC 1.6%

Value $40.64M (+63.7%) Shares 214,538 (+78.6%) Est. Cost — Unrealized —

HDB HDFC BANK LTD 1.2%

Value $31.57M (+71.6%) Shares 1,268,890 (+152.0%) Est. Cost — Unrealized —

EGO ELDORADO GOLD CORP NEW 14.1%

Value $358M (+3.5%) Shares 10,440,333 (+8.3%) Est. Cost — Unrealized —

IAG IAMGOLD CORP 1.1%

Value $28.41M (+37.6%) Shares 1,509,742 (+20.6%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FLUT	FLUTTER ENTMT PLC	1,769,255 (+1174.2%)	$180M (+504.1%)	7.1%	—	—	SHS	G3643J108
NXE	NEXGEN ENERGY LTD	35,220,809 (+4.7%)	$408M (+32.1%)	16.0%	—	—	COM	65340P106
EQX	EQUINOX GOLD CORP	24,331,165 (+20.7%)	$352M (+24.3%)	13.8%	—	—	COM	29446Y502
AVR	ANTERIS TECHNOLOGIES GLOBAL	7,789,000 (+177.0%)	$43.23M (+208.1%)	1.7%	—	—	COM	03675P102
ISOU	ISOENERGY LTD	2,485,077 (+232.9%)	$26.31M (+287.2%)	1.0%	—	—	COM NEW	46500E867
EXP	EAGLE MATLS INC	214,538 (+78.6%)	$40.64M (+63.7%)	1.6%	—	—	COM	26969P108
HDB	HDFC BANK LTD	1,268,890 (+152.0%)	$31.57M (+71.6%)	1.2%	—	—	SPONSORED ADS	40415F101
EGO	ELDORADO GOLD CORP NEW	10,440,333 (+8.3%)	$358M (+3.5%)	14.1%	—	—	COM	284902509
IAG	IAMGOLD CORP	1,509,742 (+20.6%)	$28.41M (+37.6%)	1.1%	—	—	COM	450913108

Exited Positions (7)

ICE INTERCONTINENTAL EXCHANGE IN 4.3%

Value $110M Shares 679,203 Est. Cost — Unrealized —

CVE CENOVUS ENERGY INC 3.8%

Value $95.7M Shares 5,655,769 Est. Cost — Unrealized —

AA ALCOA CORP 3.2%

Value $82.13M Shares 1,545,476 Est. Cost — Unrealized —

AAUC ALLIED GOLD CORP 1.3%

Value $33.83M Shares 1,476,184 Est. Cost — Unrealized —

NUE NUCOR CORP 1.3%

Value $33.21M Shares 203,632 Est. Cost — Unrealized —

JD JD.COM INC 0.8%

Value $20.96M Shares 730,264 Est. Cost — Unrealized —

AMRZ AMRIZE LTD 0.6%

Value $16.51M Shares 305,255 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ICE	INTERCONTINENTAL EXCHANGE IN	679,203	$110M	4.3%	—	—	—	45866F104
CVE	CENOVUS ENERGY INC	5,655,769	$95.7M	3.8%	—	—	—	15135U109
AA	ALCOA CORP	1,545,476	$82.13M	3.2%	—	—	—	013872106
AAUC	ALLIED GOLD CORP	1,476,184	$33.83M	1.3%	—	—	—	01921D204
NUE	NUCOR CORP	203,632	$33.21M	1.3%	—	—	—	670346105
JD	JD.COM INC	730,264	$20.96M	0.8%	—	—	—	47215P106
AMRZ	AMRIZE LTD	305,255	$16.51M	0.6%	—	—	—	H2927K103

Decreased Positions (3)

Z ZILLOW GROUP INC 2.1%

Value $52.52M (-55.5%) Shares 1,269,328 (-26.6%) Est. Cost — Unrealized —

TGB TASEKO MINES LTD 8.9%

Value $227M (+12.6%) Shares 35,110,589 (-1.2%) Est. Cost — Unrealized —

SLSR SOLARIS RES INC 0.7%

Value $16.97M (-34.4%) Shares 1,967,387 (-39.1%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
Z	ZILLOW GROUP INC	1,269,328 (-26.6%)	$52.52M (-55.5%)	2.1%	—	—	CL C CAP STK	98954M200
TGB	TASEKO MINES LTD	35,110,589 (-1.2%)	$227M (+12.6%)	8.9%	—	—	COM	876511106
SLSR	SOLARIS RES INC	1,967,387 (-39.1%)	$16.97M (-34.4%)	0.7%	—	—	COM NEW	83419D201

Unchanged Positions (1)

NWS NEWS CORP NEW 4.7%

Value $121M Shares 4,234,968 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NWS	NEWS CORP NEW	4,234,968	$121M	4.7%	—	—	CL B	65249B208