L1 Capital Pty Ltd — 13F Holdings & Portfolio
CIK 1817646 · latest 13F-HR filed 2026-05-15
L1 Capital Pty Ltd manages $2.55B in 13F-reported U.S. long-equity assets across 22 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are NXE (16.04%), EGO (14.07%), EQX (13.82%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 9 new positions, exited 7, added to 9, and trimmed 2.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$2.55B
Long-equity book
22
Distinct positions
2026-03-31
Filed 2026-05-15
+9 / −7 / ↑9 / ↓2
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- FLUTTER ENTMT PLC$150.5M +504.1%
- NEXGEN ENERGY LTD$99.2M +32.1%
- EQUINOX GOLD CORP$68.7M +24.3%
- ANTERIS TECHNOLOGIES GLOBAL$29.2M +208.1%
- TASEKO MINES LTD$25.3M +12.6%
New Positions
- CRH PLC$194.5M
- AMCOR PLC$174.9M
- CENTERRA GOLD INC$125.0M
- PROSHARES TR II$43.2M
- TECK RESOURCES LTD$32.8M
Exited Positions
- INTERCONTINENTAL EXCHANGE IN$110.0M
- CENOVUS ENERGY INC$95.7M
- ALCOA CORP$82.1M
- ALLIED GOLD CORP$33.8M
- NUCOR CORP$33.2M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | NEXGEN ENERGY LTD | NXE | 65340P106 | $408.3M | 16.04% | 35,220,809 | SH |
| 2 | ELDORADO GOLD CORP NEW | EGO | 284902509 | $358.4M | 14.07% | 10,440,333 | SH |
| 3 | EQUINOX GOLD CORP | EQX | 29446Y502 | $351.8M | 13.82% | 24,331,165 | SH |
| 4 | TASEKO MINES LTD | TGB | 876511106 | $226.5M | 8.89% | 35,110,589 | SH |
| 5 | CRH PLC | CRH | G25508105 | $194.5M | 7.64% | 1,850,331 | SH |
| 6 | FLUTTER ENTMT PLC | FLUT | G3643J108 | $180.4M | 7.08% | 1,769,255 | SH |
| 7 | AMCOR PLC | AMCR | G0250X149 | $174.9M | 6.87% | 4,400,214 | SH |
| 8 | CENTERRA GOLD INC | CGAU | 152006102 | $125.0M | 4.91% | 7,051,683 | SH |
| 9 | NEWS CORP NEW | NWS | 65249B208 | $120.7M | 4.74% | 4,234,968 | SH |
| 10 | ZILLOW GROUP INC | Z | 98954M200 | $52.5M | 2.06% | 1,269,328 | SH |
| 11 | ANTERIS TECHNOLOGIES GLOBAL | AVR | 03675P102 | $43.2M | 1.70% | 7,789,000 | SH |
| 12 | PROSHARES TR II | SCO | 74347Y797 | $43.2M | 1.70% | 5,187,995 | SH |
| 13 | EAGLE MATLS INC | EXP | 26969P108 | $40.6M | 1.60% | 214,538 | SH |
| 14 | TECK RESOURCES LTD | TECK | 878742204 | $32.8M | 1.29% | 634,547 | SH |
| 15 | HDFC BANK LTD | HDB | 40415F101 | $31.6M | 1.24% | 1,268,890 | SH |
| 16 | NU HLDGS LTD | NU | G6683N103 | $30.6M | 1.20% | 2,130,166 | SH |
| 17 | IAMGOLD CORP | IAG | 450913108 | $28.4M | 1.12% | 1,509,742 | SH |
| 18 | ISOENERGY LTD | ISOU | 46500E867 | $26.3M | 1.03% | 2,485,077 | SH |
| 19 | BUILDERS FIRSTSOURCE INC | BLDR | 12008R107 | $24.1M | 0.95% | 292,503 | SH |
| 20 | CARNIVAL CORP | CCL | 143658300 | $18.5M | 0.73% | 715,980 | SH |
| 21 | NORWEGIAN CRUISE LINE HLDGS | NCLH | G66721104 | $17.0M | 0.67% | 911,342 | SH |
| 22 | SOLARIS RES INC | SLSR | 83419D201 | $17.0M | 0.67% | 1,967,387 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $2.55B | 22 | 0001817646-26-000004 |
| 2025-12-31 | 2026-02-13 | $1.92B | 20 | 0001817646-26-000003 |
| 2025-09-30 | 2025-11-14 | $1.58B | 19 | 0001817646-25-000004 |