Mountain Lake Investment Management LLC
13F Reported Value
ⓘ$160.6M
Holdings
31
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
Mountain Lake Investment Management LLC disclosed 31 positions worth $160.6M in its Form 13F-HR for Q2 2026, led by $PHYS (Sprott Physical Gold Trust) at 8.6% of the equity portfolio, followed by $BLDR and $SGOL. During the quarter the fund opened 4 new positions and exited 2 — including a new stake in $BNO and a full exit from $AGM. The portfolio is most concentrated in Energy (28.3% of disclosed assets). All figures are sourced directly from Mountain Lake Investment Management LLC’s Form 13F-HR filing with the SEC under CIK 1308555.
AI Fund Analysis
DiversifyingSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- —
Quality
$13.8M456,819 sh - 45.9#1,851
Quality
$13.2M147,867 sh - —
Quality
$12.4M324,355 sh - 56.5
Quality
$12.2M53,394 sh - 66.8
Quality
$12.0M106,541 sh - 53.6
Quality
$11.2M68,606 sh - 47.8
Quality
$10.8M58,257 sh - 71.8
Quality
$10.7M252,304 sh - 49.7
Quality
$8.3M85,464 sh - 79.4
Quality
$8.1M218,523 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 Sprott Physical Gold Trust$PHYS | — | $13.8M | 456,819 |
 Builders FirstSource, Inc.$BLDR | 45.9#1,851 | $13.2M | 147,867 |
 abrdn Gold ETF Trust$SGOL | — | $12.4M | 324,355 |
 MOLINA HEALTHCARE, INC.$MOH | 56.5 | $12.2M | 53,394 |
 Allison Transmission Holdings Inc$ALSN | 66.8 | $12.0M | 106,541 |
 HORTON D R INC /DE/$DHI | 53.6 | $11.2M | 68,606 |
 AUTONATION, INC.$AN | 47.8 | $10.8M | 58,257 |
 Viper Energy, Inc.$VNOM | 71.8 | $10.7M | 252,304 |
 NATURAL RESOURCE PARTNERS LP$NRP | 49.7 | $8.3M | 85,464 |
 RANGE RESOURCES CORP$RRC | 79.4 | $8.1M | 218,523 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Mountain Lake Investment Management LLC's 31 positions.
Showing top 10 of 31 holdings.
Sector Allocation
Energy
$45.4M
Financials
$37.1M
Consumer Discretionary
$28.2M
Industrials
$23.2M
Healthcare
$13.4M
Consumer Staples
$5.5M
Materials
$4.5M
Technology
$2.6M
Full Holdings — Mountain Lake Investment Management LLC (Q2 2026)
All 31 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $PHYS | Sprott Physical Gold Trust | $13.8M | 8.6% | +1% | — |
| 2 | $BLDR | Builders FirstSource, Inc. | $13.2M | 8.2% | +41% | 45.9 |
| 3 | $SGOL | abrdn Gold ETF Trust | $12.4M | 7.7% | -0% | — |
| 4 | $MOH | MOLINA HEALTHCARE, INC. | $12.2M | 7.6% | +5% | 56.5 |
| 5 | $ALSN | Allison Transmission Holdings Inc | $12.0M | 7.5% | -5% | 66.8 |
| 6 | $DHI | HORTON D R INC /DE/ | $11.2M | 7.0% | +5% | 53.6 |
| 7 | $AN | AUTONATION, INC. | $10.8M | 6.7% | +3% | 47.8 |
| 8 | $VNOM | Viper Energy, Inc. | $10.7M | 6.7% | -1% | 71.8 |
| 9 | $NRP | NATURAL RESOURCE PARTNERS LP | $8.3M | 5.2% | +11% | 49.7 |
| 10 | $RRC | RANGE RESOURCES CORP | $8.1M | 5.1% | +2% | 79.4 |
| 11 |  $TFPM | Triple Flag Precious Metals Corp. | $5.7M | 3.5% | +110% | — |
| 12 |  $NE | Noble Corp plc | $5.6M | 3.5% | -28% | — |
| 13 |  $CALM | CAL-MAINE FOODS INC | $5.5M | 3.5% | +292% | 64.2 |
| 14 |  $BNO | United States Brent Oil Fund, LP | $3.9M | 2.4% | NEW | — |
| 15 |  $HP | Helmerich & Payne, Inc. | $3.9M | 2.4% | +0% | 54.9 |
| 16 |  $AR | ANTERO RESOURCES Corp | $3.5M | 2.2% | +1% | 75.4 |
| 17 |  $OPLN | OPENLANE, Inc. | $3.3M | 2.0% | +0% | 61 |
| 18 |  $UBER | Uber Technologies, Inc | $2.3M | 1.4% | NEW | 73.5 |
| 19 |  $ET | Energy Transfer LP | $1.8M | 1.1% | -3% | 64.4 |
| 20 |  $PAA | PLAINS ALL AMERICAN PIPELINE LP | $1.8M | 1.1% | -5% | 59.1 |
| 21 |  $CMP | COMPASS MINERALS INTERNATIONAL INC | $1.7M | 1.1% | +0% | 49.1 |
| 22 |  $SDRL | SEADRILL Ltd | $1.4M | 0.9% | -29% | — |
| 23 |  $IIIN | INSTEEL INDUSTRIES INC | $1.3M | 0.8% | NEW | 51 |
| 24 |  $PSLV | Sprott Physical Silver Trust | $1.3M | 0.8% | +1% | — |
| 25 |  $DVA | DAVITA INC. | $1.2M | 0.7% | -26% | 60.4 |
| 26 |  $WS | Worthington Steel, Inc. | $1.2M | 0.7% | +359% | 45.1 |
| 27 |  $SBH | Sally Beauty Holdings, Inc. | $898,625 | 0.6% | NEW | 54.8 |
| 28 | — | AMPLIFY ETF TR - JR SILV MINE ETF | $759,974 | 0.5% | -3% | — |
| 29 |  $GOOG | Alphabet Inc. | $268,028 | 0.2% | +0% | 78.2 |
| 30 |  $SLB | SLB LIMITED/NV | $252,208 | 0.2% | +0% | 57.9 |
| 31 |  $AGI | ALAMOS GOLD INC | $242,720 | 0.1% | +0% | — |
New Positions (4)
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