Helikon Investments Ltd Diversified Active

CIK: 0001839497 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 12, 2025

Total Value ($000): $1,307,004 (99.1% shares, 0.9% debt)

Holdings (21)

CAAP CORPORACION AMER ARPTS S A 19.1%

Value ($000) $249,290 Shares 13,622,399 Est. Cost $11.58 Unrealized +63.1%

EGO ELDORADO GOLD CORP NEW 18.5%

Value ($000) $241,306 Shares 14,346,371 Est. Cost $9.74 Unrealized +54.1%

AGRO ADECOAGRO S A 10.3%

Value ($000) $134,456 Shares 12,037,204 Est. Cost $9.81 Unrealized +2.6%

SKE SKEENA RES LTD NEW 9.2%

Value ($000) $120,246 Shares 11,917,315 Est. Cost $9.01 Unrealized +11.8%

VEON VEON LTD 8.1%

Value ($000) $106,312 Shares 2,437,797 Est. Cost $21.76 Unrealized —

CNL COLLECTIVE MINING LTD 6.6%

Value ($000) $85,961 Shares 9,891,894 Est. Cost $4.07 Unrealized +54.7%

EDN EMPRESA DIST Y COMERCIAL NOR 4.7%

Value ($000) $62,028 Shares 2,031,036 Est. Cost $26.99 Unrealized —

MGM MGM RESORTS INTERNATIONAL 4.2%

Value ($000) $54,418 Shares 1,835,975 Est. Cost $33.60 Unrealized 0.0%

IFS INTERCORP FINL SVCS INC 3.0%

Value ($000) $39,365 Shares 1,188,211 Est. Cost $24.00 Unrealized +30.9%

EQX EQUINOX GOLD CORP 3.0%

Value ($000) $38,629 Shares 5,614,735 Est. Cost $6.16 Unrealized +4.0%

PAM PAMPA ENERGIA S A 2.9%

Value ($000) $38,027 Shares 492,578 Est. Cost $53.99 Unrealized —

CZR CAESARS ENTERTAINMENT INC NE 2.2%

Value ($000) $29,101 Shares 1,164,049 Est. Cost $37.54 Unrealized -13.4%

BVN COMPANIA DE MINAS BUENAVENTU 2.0%

Value ($000) $26,686 Shares 1,707,359 Est. Cost $15.63 Unrealized —

— COHEN CIRCLE ACQUISITION COR 1.6%

Value ($000) $20,755 Shares 1,851,447 Est. Cost $11.21 Unrealized —

IRS IRSA INVERSIONES Y REP S A 1.4%

Value ($000) $18,427 Shares 1,428,475 Est. Cost $9.19 Unrealized —

ENIC ENEL CHILE S.A. 1.1%

Value ($000) $14,710 Shares 4,498,563 Est. Cost $3.20 Unrealized —

— LITHIUM ARGENTINA AG 0.9%

Value ($000) $12,018 Shares 14,611,000 Est. Cost $0.78 Unrealized —

IHS IHS HOLDING LIMITED 0.6%

Value ($000) $7,484 Shares 1,433,654 Est. Cost $3.83 Unrealized 0.0%

CRESY CRESUD S A C I F Y A 0.3%

Value ($000) $3,601 Shares 325,864 Est. Cost $7.29 Unrealized —

SLSR SOLARIS RES INC 0.2%

Value ($000) $2,945 Shares 868,810 Est. Cost $3.49 Unrealized 0.0%

RNW RENEW ENERGY GLOBAL PLC 0.1%

Value ($000) $1,239 Shares 210,288 Est. Cost $6.08 Unrealized +5.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CAAP	CORPORACION AMER ARPTS S A	13,622,399	$249,290	19.1%	$11.58	+63.1%	COM	L1995B107
EGO	ELDORADO GOLD CORP NEW	14,346,371	$241,306	18.5%	$9.74	+54.1%	COM	284902509
AGRO	ADECOAGRO S A	12,037,204	$134,456	10.3%	$9.81	+2.6%	COM	L00849106
SKE	SKEENA RES LTD NEW	11,917,315	$120,246	9.2%	$9.01	+11.8%	COM	83056P715
VEON	VEON LTD	2,437,797	$106,312	8.1%	$21.76	—	SPONSORED ADS	91822M502
CNL	COLLECTIVE MINING LTD	9,891,894	$85,961	6.6%	$4.07	+54.7%	COM	19425C100
EDN	EMPRESA DIST Y COMERCIAL NOR	2,031,036	$62,028	4.7%	$26.99	—	SPON ADR	29244A102
MGM	MGM RESORTS INTERNATIONAL	1,835,975	$54,418	4.2%	$33.60	0.0%	COM	552953101
IFS	INTERCORP FINL SVCS INC	1,188,211	$39,365	3.0%	$24.00	+30.9%	SHS	P5626F128
EQX	EQUINOX GOLD CORP	5,614,735	$38,629	3.0%	$6.16	+4.0%	COM	29446Y502
PAM	PAMPA ENERGIA S A	492,578	$38,027	2.9%	$53.99	—	SPONS ADR LVL I	697660207
CZR	CAESARS ENTERTAINMENT INC NE	1,164,049	$29,101	2.2%	$37.54	-13.4%	COM	12769G100
BVN	COMPANIA DE MINAS BUENAVENTU	1,707,359	$26,686	2.0%	$15.63	—	SPONSORED ADR	204448104
—	COHEN CIRCLE ACQUISITION COR	1,851,447	$20,755	1.6%	$11.21	—	SHS CL A	G3730H106
IRS	IRSA INVERSIONES Y REP S A	1,428,475	$18,427	1.4%	$9.19	—	SPON GDS ECH 10	450047303
ENIC	ENEL CHILE S.A.	4,498,563	$14,710	1.1%	$3.20	—	SPONSORED ADR	29278D105
—	LITHIUM ARGENTINA AG	14,611,000	$12,018	0.9%	$0.78	—	NOTE 1.750% 1/1	53680QAA6
IHS	IHS HOLDING LIMITED	1,433,654	$7,484	0.6%	$3.83	0.0%	ORD SHS	G4701H109
CRESY	CRESUD S A C I F Y A	325,864	$3,601	0.3%	$7.29	—	SPONSORED ADR	226406106
SLSR	SOLARIS RES INC	868,810	$2,945	0.2%	$3.49	0.0%	COM NEW	83419D201
RNW	RENEW ENERGY GLOBAL PLC	210,288	$1,239	0.1%	$6.08	+5.9%	CL A SHS	G7500M104