Mountain Lake Investment Management LLC

CIK: 0001308555SEC EDGAR →

Portfolio Value

$131.6B

Holdings

23

As of

Q4 2025

New Positions

5

Closed Positions

6

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

ETFS GOLD TR

362,721$14.9B
11.32%
2

SPROTT ASSET MANAGEMENT LP

451,183$14.9B
11.32%
3

ALLEGIANT TRAVEL CO

126,494$10.8B
8.20%
4

ALLISON TRANSMISSION HLDGS I

109,791$10.7B
8.17%
5

VIPER ENERGY INC

251,563$9.7B
7.38%
6

AUTONATION INC

47,032$9.7B
7.38%
7

BUILDERS FIRSTSOURCE INC

83,944$8.6B
6.56%
8

D R HORTON INC

59,850$8.6B
6.55%
9

NATURAL RESOURCE PARTNERS L

65,330$6.8B
5.18%
10

NOBLE CORP PLC

231,491$6.5B
4.97%

Quarterly Changes

Top Buys

ALSN↑ Increased
$2.3B
NRP↑ Increased
$2.0B
DVANEW
$971.0M
PSLV/U↑ Increased
$923.4M
BLDR↑ Increased
$647.1M

Top Sells

CNCCLOSED
$3.0B
ALGT↓ Decreased
$2.5B
SGOL↓ Decreased
$2.0B
DHI↓ Decreased
$1.8B
CICLOSED
$1.5B

New Positions (2)

$971.0M · 9K shares
$469.0M · 24K shares

Closed Positions (5)

$3.0B · 83K shares
$1.5B · 5K shares
$1.5B · 18K shares
$912.8M · 34K shares
$328.6M · 8K shares

Sector Breakdown

Sector# HoldingsValue%
Energy10$43.4B33.0%
Consumer Cyclical4$30.5B23.2%
Industrials2$19.4B14.8%
Unknown2$17.4B13.2%
Financial Services1$14.9B11.3%
Basic Materials2$2.9B2.2%
Technology1$2.1B1.6%
Healthcare1$971.0M0.7%