AI Portfolio Summary
In 2025 Q4, L1 Capital Pty Ltd maintained a portfolio of 27 distinct positions. The most significant new addition to the portfolio was INTERCONTINENTAL EXC, which now represents 5.74% of the total fund value. They heavily accumulated shares in ELDORADO GOLD CORP N, increasing their position by 35.2%. Conversely, L1 Capital Pty Ltd completely exited their position in HUDBAY MINERALS INC.
Total Positions
27
Quarter
2025 Q4
Top Holding
EGO (18.1%)
Top 10 Concentration
89.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 27
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
EGO
ELDORADO GOLD C...
|
Basic Materials | 18.06% | 12.05% |
#1
3
Prev: #4
|
9.3 | 2,512,168 | 35.2% |
P
S
|
9,640,407 | $346,283,419 |
$20.21
+75.0%
|
2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
NXE
NEXGEN ENERGY L...
|
Energy | 16.13% | 16.45% |
#2
1
Prev: #1
|
8.5 | 2,804,090 | 9.1% |
P
S
|
33,642,681 | $309,144,582 |
$6.88
+49.0%
|
2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
EQX
EQUINOX GOLD CO...
|
Basic Materials | 14.77% | 12.86% |
#3
Prev: #3
|
8.0 | 2,768,141 | 15.9% |
P
S
|
20,164,556 | $283,110,366 |
$6.71
+104.1%
|
2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
TGB
TASEKO MINES LT...
|
Basic Materials | 10.49% | 6.80% |
#4
3
Prev: #7
|
6.3 | 11,066,233 | 45.2% |
P
S
|
35,545,632 | $201,189,949 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NWS
NEWS CORP NEW
|
Communication Services | 6.61% | 6.48% |
#5
3
Prev: #8
|
4.7 | 886,156 | 26.2% |
P
S
|
4,273,704 | $126,629,850 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
Z
ZILLOW GROUP IN...
|
Communication Services | 6.15% | 0.03% |
#6
13
Prev: #19
|
4.8 | 1,722,369 | 24803.7% |
P
S
|
1,729,313 | $117,973,733 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ICE
INTERCONTINENTA...
|
Financial Services | 5.74% | — |
#7
Prev: #—
|
4.3 | 679,203 | no change |
NEW
|
679,203 | $110,003,718 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CVE
CENOVUS ENERGY ...
|
Energy | 4.99% | 7.18% |
#8
2
Prev: #6
|
2.0 | -861,710 | -13.2% |
P
S
|
5,655,769 | $95,695,611 | 2020 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AA
ALCOA CORP
|
Basic Materials | 4.28% | 13.87% |
#9
7
Prev: #2
|
1.9 | -4,342,223 | -73.8% |
P
S
|
1,545,476 | $82,126,595 | 2021 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AAUCD
ALLIED GOLD COR...
|
Unknown | 1.76% | — |
#10
Prev: #—
|
2.7 | 1,476,184 | no change |
NEW
|
1,476,184 | $33,825,974 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NUE
NUCOR CORP
|
Basic Materials | 1.73% | 0.10% |
#11
4
Prev: #15
|
3.0 | 192,246 | 1688.4% |
P
S
|
203,632 | $33,214,416 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FLUT
FLUTTER ENTMT P...
|
Consumer Cyclical | 1.56% | — |
#12
Prev: #—
|
2.6 | 138,851 | no change |
NEW
|
138,851 | $29,858,519 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SLSR
SOLARIS RES INC
|
Basic Materials | 1.35% | 2.06% |
#13
Prev: #13
|
0.6 | -1,700,239 | -34.5% |
P
S
|
3,229,384 | $25,882,221 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EXP
EAGLE MATLS INC
|
Basic Materials | 1.30% | — |
#14
Prev: #—
|
2.5 | 120,143 | no change |
NEW
|
120,143 | $24,831,155 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JD
JD.COM INC
|
Consumer Cyclical | 1.09% | — |
#15
Prev: #—
|
2.4 | 730,264 | no change |
NEW
|
730,264 | $20,958,577 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IAG
IAMGOLD CORP
|
Basic Materials | 1.08% | 0.09% |
#16
Prev: #16
|
2.7 | 1,134,119 | 961.5% |
P
S
|
1,252,077 | $20,646,750 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HDB
HDFC BANK LTD
|
Financial Services | 0.96% | — |
#17
Prev: #—
|
2.4 | 503,481 | no change |
NEW
|
503,481 | $18,397,196 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMRZ
AMRIZE LTD
|
Basic Materials | 0.86% | — |
#18
Prev: #—
|
2.3 | 305,255 | no change |
NEW
|
305,255 | $16,508,190 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AVR
ANTERIS TECHNOL...
|
Healthcare | 0.73% | 1.72% |
#19
5
Prev: #14
|
0.5 | -4,026,136 | -58.9% |
P
S
|
2,812,000 | $14,031,880 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ISOU
ISOENERGY LTD
|
Energy | 0.35% | — |
#20
Prev: #—
|
2.1 | 746,588 | no change |
NEW
|
746,588 | $6,794,111 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HBM
HUDBAY MINERALS...
|
Basic Materials | 0.00% | 8.46% |
Sold All 😨
(Was: #5) |
0.3 | -8,379,964 | -100.0% |
CLOSED
|
— | $— | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CHTR
CHARTER COMMUNI...
|
Communication Services | 0.00% | 4.02% |
Sold All 😨
(Was: #9) |
0.3 | -289,544 | -100.0% |
CLOSED
|
— | $— | 2020 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DNN
DENISON MINES C...
|
Energy | 0.00% | 2.80% |
Sold All 😨
(Was: #10) |
0.3 | -14,007,218 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CRH
CRH PLC
|
Basic Materials | 0.00% | 2.55% |
Sold All 😨
(Was: #11) |
0.3 | -356,888 | -100.0% |
CLOSED
|
— | $— | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HCC
WARRIOR MET COA...
|
Basic Materials | 0.00% | 2.35% |
Sold All 😨
(Was: #12) |
0.3 | -458,915 | -100.0% |
CLOSED
|
— | $— | 2020 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FCX
FREEPORT-MCMORA...
|
Basic Materials | 0.00% | 0.06% |
Sold All 😨
(Was: #17) |
0.3 | -25,475 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AER
AERCAP HOLDINGS...
|
Industrials | 0.00% | 0.05% |
Sold All 😨
(Was: #18) |
0.3 | -6,272 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 27 holdings