Mudita Advisors LLP — 13F Holdings & Portfolio
CIK 1907809 · latest 13F-HR filed 2026-05-14
Mudita Advisors LLP manages $490.1M in 13F-reported U.S. long-equity assets across 28 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are HGV (22.18%), IAG (9.12%), ESTA (8.86%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 8 new positions, exited 1, added to 12, and trimmed 8.
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.
$490.1M
Long-equity book
28
Distinct positions
2026-03-31
Filed 2026-05-14
+8 / −1 / ↑12 / ↓8
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- DARLING INGREDIENTS INC$18.3M +230.3%
- ALAMOS GOLD INC$7.8M +63.7%
- IAMGOLD CORP$5.5M +14.1%
- CANADIAN NAT RES LTD MED TER$4.4M +20.3%
- FLUTTER ENTMT PLC$4.2M +54.2%
Top Trims
- WARRIOR MET COAL INC-$31.0M -65.7%
- HUDBAY MINERALS INC-$11.7M -63.8%
- TASEKO MINES LTD-$11.6M -46.7%
- HILTON GRAND VACATIONS INC-$8.0M -6.8%
- ESTABLISHMENT LABS HLDGS INC-$7.6M -14.9%
New Positions
- APPIAN CORP$20.2M
- CORE NATURAL RESOURCES INC$15.1M
- BUNGE GLOBAL SA$9.8M
- SASOL LTD$7.9M
- ZOOM COMMUNICATIONS INC$6.3M
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 | HILTON GRAND VACATIONS INC | HGV | 43283X105 | $108.7M | 22.18% | 2,778,706 | SH |
| 2 | IAMGOLD CORP | IAG | 450913108 | $44.7M | 9.12% | 2,375,300 | SH |
| 3 | ESTABLISHMENT LABS HLDGS INC | ESTA | G31249108 | $43.4M | 8.86% | 764,563 | SH |
| 4 | MGM RESORTS INTERNATIONAL | MGM | 552953101 | $35.0M | 7.14% | 945,938 | SH |
| 5 | DARLING INGREDIENTS INC | DAR | 237266101 | $26.3M | 5.36% | 424,841 | SH |
| 6 | CANADIAN NAT RES LTD MED TER | CNQ | 136385101 | $25.9M | 5.29% | 532,366 | SH |
| 7 | ORLA MNG LTD NEW | ORLA | 68634K106 | $21.2M | 4.34% | 1,317,600 | SH |
| 8 | APPIAN CORP | APPN | 03782L101 | $20.2M | 4.13% | 839,400 | SH |
| 9 | ALAMOS GOLD INC | AGI | 011532108 | $20.0M | 4.07% | 449,204 | SH |
| 10 | WARRIOR MET COAL INC | HCC | 93627C101 | $16.2M | 3.31% | 174,000 | SH |
| 11 | CORE NATURAL RESOURCES INC | CNR | 218937100 | $15.1M | 3.09% | 144,400 | SH |
| 12 | EXPAND ENERGY CORPORATION | EXE | 165167735 | $13.6M | 2.77% | 123,700 | SH |
| 13 | TASEKO MINES LTD | TGB | 876511106 | $13.2M | 2.70% | 2,053,209 | SH |
| 14 | FLUTTER ENTMT PLC | FLUT | G3643J108 | $11.9M | 2.43% | 116,976 | SH |
| 15 | BLACK STONE MINERALS L P | BSM | 09225M101 | $11.5M | 2.35% | 760,877 | SH |
| 16 | BUNGE GLOBAL SA | BG | H11356104 | $9.8M | 2.00% | 77,200 | SH |
| 17 | SASOL LTD | SSL | 803866300 | $7.9M | 1.61% | 607,325 | SH |
| 18 | HUDBAY MINERALS INC | HBM | 443628102 | $6.6M | 1.35% | 317,389 | SH |
| 19 | ZOOM COMMUNICATIONS INC | ZM | 98980L101 | $6.3M | 1.29% | 78,800 | SH |
| 20 | S&P GLOBAL INC | SPGI | 78409V104 | $6.0M | 1.22% | 14,000 | SH |
| 21 | KINROSS GOLD CORP | KGC | 496902404 | $5.3M | 1.09% | 174,335 | SH |
| 22 | ALLIED GOLD CORP | AAUC | 01921D204 | $5.0M | 1.01% | 160,234 | SH |
| 23 | NACCO INDS INC | NC | 629579103 | $4.8M | 0.98% | 92,520 | SH |
| 24 | OSISKO DEVELOPMENT CORP | ODV | 68828E809 | $3.6M | 0.73% | 1,100,000 | SH |
| 25 | VERSABANK NEW | VBNK | 92512J106 | $2.9M | 0.59% | 202,925 | SH |
| 26 | MAXCYTE INC | MXCT | 57777K106 | $2.4M | 0.48% | 3,370,689 | SH |
| 27 | ADVANSIX INC | ASIX | 00773T101 | $2.0M | 0.41% | 82,807 | SH |
| 28 | BARRICK MNG CORP | B | 06849F108 | $456.8K | 0.09% | 11,200 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-14 | $490.1M | 28 | 0001172661-26-001925 |
| 2025-12-31 | 2026-02-13 | $462.7M | 21 | 0001172661-26-000800 |
| 2025-09-30 | 2025-11-13 | $345.8M | 19 | 0001172661-25-004771 |