Helikon Investments Ltd — 13F Holdings & Portfolio

CIK 1839497 · latest 13F-HR filed 2026-05-08

Helikon Investments Ltd manages $2.65B in 13F-reported U.S. long-equity assets across 17 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SKE (18.47%), AAUC (14.38%), CAAP (12.57%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 6 new positions, exited 6, added to 5, and trimmed 3.

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.

Loading holdings…
AUM

$2.65B

Long-equity book

Holdings

17

Distinct positions

Period

2026-03-31

Filed 2026-05-08

Q/Q Activity

+6 / −6 / ↑5 / ↓3

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • SKEENA RES LTD NEW$113.7M +30.3%
  • IAC INC$67.9M +93.0%
  • SOLARIS RES INC$61.5M +85.5%
  • COLLECTIVE MINING LTD$38.0M +24.4%
  • NEW PAC METALS CORP$33.1M +411.0%
Show all 5

Top Trims

  • TRANSPORTADORA DE GAS DEL SU-$20.8M -20.4%
  • CORPORACION AMER ARPTS S A-$19.8M -5.6%
  • EMPRESA DIST Y COMERCIAL NOR-$8.0M -16.7%
Show all 3

New Positions

  • SILVERCORP METALS INC$173.1M
  • FLUTTER ENTMT PLC$146.8M
  • ABIVAX SA$112.8M
  • SUPER GROUP SGHC LIMITED$101.8M
  • QIAGEN NV$72.4M
Show all 6

Exited Positions

  • IHS HOLDING LIMITED$65.5M
  • PAMPA ENERGIA S A$50.0M
  • VEON LTD$18.1M
  • LITHIUM ARGENTINA AG$8.3M
  • INTERCORP FINL SVCS INC$1.3M
Show all 6
All Holdings

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 SKEENA RES LTD NEW SKE 83056P715 $489.3M 18.47% 16,462,865 SH
2 ALLIED GOLD CORP AAUC 01921D204 $380.9M 14.38% 12,272,202 SH
3 CORPORACION AMER ARPTS S A CAAP L1995B107 $332.9M 12.57% 13,165,225 SH
4 COLLECTIVE MINING LTD CNL 19425C100 $193.3M 7.30% 10,979,312 SH
5 SILVERCORP METALS INC SVM 82835P103 $173.1M 6.53% 16,115,414 SH
6 FLUTTER ENTMT PLC FLUT G3643J108 $146.8M 5.54% 1,439,750 SH
7 IAC INC IAC 44891N208 $140.8M 5.32% 3,518,414 SH
8 SOLARIS RES INC SLSR 83419D201 $133.4M 5.04% 15,545,845 SH
9 ABIVAX SA ABVX 00370M103 $112.8M 4.26% 1,013,324 SH
10 MGM RESORTS INTERNATIONAL MGM 552953101 $106.4M 4.02% 2,875,004 SH
11 SUPER GROUP SGHC LIMITED SGHC G8588X103 $101.8M 3.84% 9,424,702 SH
12 TRANSPORTADORA DE GAS DEL SU TGS 893870204 $81.2M 3.07% 2,347,333 SH
13 QIAGEN NV QGEN N72482156 $72.4M 2.73% 1,807,989 SH
14 IRSA INVERSIONES Y REP S A IRS 450047303 $71.8M 2.71% 4,428,706 SH
15 NEW PAC METALS CORP NEWP 64782A107 $41.1M 1.55% 9,936,183 SH
16 EMPRESA DIST Y COMERCIAL NOR EDN 29244A102 $40.0M 1.51% 1,331,614 SH
17 HIGHLANDER SILVER CORP HSLV 43087N204 $30.4M 1.15% 5,171,822 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-08 $2.65B 17 0001839497-26-000002
2025-12-31 2026-02-05 $1.89B 17 0001839497-26-000001