L1 Capital Pty Ltd holds a focused book of 24 stocks worth $3.0B as of Q2 2026 (disclosed Aug 13, 2026, a ~44-day 13F lag). This quarter Trekor Metals Ltd became 13F-reportable for the first time, a listing rather than a purchase; they opened Hudbay Minerals Inc and trimmed Nexgen Energy Ltd. Their largest long position is Eldorado Gold Corp at 15% of the equity book. Cloning the disclosed picks since 2020 would be +621% (+38.5%/yr). That is a simulation of the disclosed long book, not audited returns.
The reported book (valued from quarter-end) returned +847.9%, a 226.9-point gap that is the cost of the ~44-day 13F disclosure lag a real follower can't avoid.
Growth of $10,000 cloning L1 Capital Pty Ltd's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~44 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.
Top-heavy: focused book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
100% mapped to company sectors
+1 sector below the cut, under 0.5% together
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis
Other tracked managers holding the same core names as L1 Capital Pty Ltd
| Manager / fund | Shared names | Their $ in those |
|---|---|---|
| Kontiki Capital Management (HK) Ltd. | 2 / 24 | $739.1M |
| Merk Investments LLC | 2 / 24 | $79.8M |
| Armor Advisors, L.L.C. | 2 / 24 | $30.3M |
| GMT Capital Corp | 2 / 24 | $473.3M |
| Mountaineer Partners Management, LLC | 3 / 24 | $38.3M |
| Oxbow Capital Management (HK) Ltd | 2 / 24 | $66.0M |
| Pale Fire Capital SE | 2 / 24 | $251.3M |
| ThornTree Capital Partners LP | 2 / 24 | $97.3M |
Ranked by the share of each fund's own book sitting in the names it shares with L1 Capital Pty Ltd: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.
Bars show each stock's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | Eldorado Gold Corp New COM | $448.2M | 14.42M | 15.1% | ▲+38% Added · +4.0M sh | |
| 2 | Nexgen Energy Ltd COM | $328.7M | 34.99M | 11.0% | ▼−0.6% Reduced · −229K sh | |
| 3 | Amcor PLC COM NEW | $290.9M | 6.71M | 9.8% | ▲+53% Added · +2.3M sh | |
| 4 | Equinox Gold Corp COM | $263.0M | 27.06M | 8.8% | ▲+11% Added · +2.7M sh | |
| 5 | Centerra Gold Inc COM | $259.0M | 16.34M | 8.7% | ▲+132% Added · +9.3M sh | |
| 6 | Trekor Metals Ltd COM | $238.7M | 34.69M | 8.0% | →Listed Newly reportable | |
| 7 | Hudbay Minerals Inc COM | $235.5M | 9.98M | 7.9% | ▲New New position | |
| 8 | B2gold Corp COM | $182.7M | 48.84M | 6.1% | ▲New New position | |
| 9 | CRH PLC ORD | $135.3M | 1.26M | 4.5% | ▼−32% Reduced · −586K sh | |
| 10 | Oceanagold Corp COM NEW | $79.1M | 3.16M | 2.7% | ▲New New position | |
| 11 | Anteris Technologies Global COM | $76.7M | 7.79M | 2.6% | —Held | |
| 12 | Alcoa Corp COM | $74.9M | 1.44M | 2.5% | ▲New New position | |
| 13 | HDFC Bank Ltd SPONSORED ADS | $56.7M | 2.19M | 1.9% | ▲+73% Added · +926K sh | |
| 14 | News Corp New CL B | $56.0M | 2.00M | 1.9% | ▼−53% Reduced · −2.2M sh | |
| 15 | Builders Firstsource Inc COM | $53.7M | 600.3K | 1.8% | ▲+105% Added · +308K sh | |
| 16 | Aya Gold & Silver Inc COM | $39.3M | 2.07M | 1.3% | ▲New New position | |
| 17 | Nu Hldgs Ltd ORD SHS CL A | $35.2M | 2.63M | 1.2% | ▲+24% Added · +504K sh | |
| 18 | Isoenergy Ltd COM NEW | $27.7M | 2.78M | 0.9% | ▲+12% Added · +294K sh | |
| 19 | Iamgold Corp COM | $24.0M | 1.51M | 0.8% | ▲+0.2% Added · +3K sh | |
| 20 | Ferguson Enterprises Inc COMMON STOCK NEW | $20.0M | 84.1K | 0.7% | ▲New New position | |
| 21 | Zillow Group Inc CL C CAP STK | $15.7M | 499.3K | 0.5% | ▼−61% Reduced · −770K sh | |
| 22 | Intuit COM | $13.0M | 50.0K | 0.4% | ▲New New position | |
| 23 | Lithium Argentina AG COM SHS | $11.3M | 1.37M | 0.4% | ▲New New position | |
| 24 | Sigma Lithium Corporation COM | $9.7M | 767.4K | 0.3% | ▲New New position |
This fund page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.
curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1817646/holdings"
Use Arkolith to show L1 Capital Pty Ltd's latest holdings, largest changes, and filing provenance.
As-of date vs the date the SEC received each filing
Reported 13F total per quarter. Raw filing totals can include option notional.
| Quarter | As of | Filed | Lag | Positions | Value | Form |
|---|---|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | Aug 13, 2026 | 44d | 24 | $3.0B | 13F-HR |
| Q1 2026 | Mar 31, 2026 | May 15, 2026 | 45d | 22 | $2.5B | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Feb 13, 2026 | 44d | 20 | $1.9B | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Nov 14, 2025 | 45d | 19 | $1.6B | 13F-HR |
| Q2 2025 | Jun 30, 2025 | Sep 11, 2025 | 73d | 30 | $1.7B | 13F-HR/A |
| Q1 2025 | Mar 31, 2025 | May 15, 2025 | 45d | 14 | $1.1B | 13F-HR |
| Q4 2024 | Dec 31, 2024 | Feb 14, 2025 | 45d | 14 | $1.2B | 13F-HR |
| Q3 2024 | Sep 30, 2024 | Nov 14, 2024 | 45d | 11 | $1.2B | 13F-HR |
| Q2 2024 | Jun 30, 2024 | Aug 14, 2024 | 45d | 9 | $1.1B | 13F-HR |
| Q1 2024 | Mar 31, 2024 | May 15, 2024 | 45d | 10 | $1.2B | 13F-HR |
| Q4 2023 | Dec 31, 2023 | Feb 14, 2024 | 45d | 12 | $1.1B | 13F-HR |
| Q3 2023 | Sep 30, 2023 | Nov 14, 2023 | 45d | 12 | $1.2B | 13F-HR |
| Q2 2023 | Jun 30, 2023 | Aug 14, 2023 | 45d | 14 | $830.9M | 13F-HR |
| Q1 2023 | Mar 31, 2023 | May 15, 2023 | 45d | 11 | $718.1M | 13F-HR |
| Q4 2022 | Dec 31, 2022 | Feb 14, 2023 | 45d | 13 | $648.2M | 13F-HR |
| Q3 2022 | Sep 30, 2022 | Nov 14, 2022 | 45d | 10 | $511.4M | 13F-HR |
| Q2 2022 | Jun 30, 2022 | Aug 15, 2022 | 46d | 11 | $512.6M | 13F-HR |
| Q1 2022 | Mar 31, 2022 | May 16, 2022 | 46d | 12 | $825.9M | 13F-HR |
| Q4 2021 | Dec 31, 2021 | Feb 14, 2022 | 45d | 14 | $866.1M | 13F-HR |
| Q3 2021 | Sep 30, 2021 | Nov 15, 2021 | 46d | 15 | $804.0M | 13F-HR |
| Q2 2021 | Jun 30, 2021 | Aug 16, 2021 | 47d | 10 | $484.3M | 13F-HR |
| Q1 2021 | Mar 31, 2021 | May 7, 2021 | 37d | 11 | $398.0M | 13F-HR |
Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.