# Mudita Advisors LLP: Form 13F holdings

An institutional investment manager in London. SEC CIK 1907809.

- Quarter ended: 2026-06-30
- Filed: 2026-08-13
- Reported value: $481.0m
- Positions: 24 (24 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1907809/000117266126003403/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [HILTON GRAND VACATIONS INC (HGV)](/companies/hgv.md) | COM | $147.1m | 30.6% | 2,808,706 |  | Added +30,000 |
| ESTABLISHMENT LABS HLDGS INC | COM | $62.0m | 12.9% | 723,063 |  | Reduced −41,500 |
| [MGM RESORTS INTERNATIONAL (MGM)](/companies/mgm.md) | COM | $45.2m | 9.4% | 945,938 |  | Unchanged |
| [IAMGOLD CORP (IAG)](/companies/iag.md) | COM | $37.6m | 7.8% | 2,375,300 |  | Unchanged |
| [DARLING INGREDIENTS INC (DAR)](/companies/dar.md) | COM | $23.2m | 4.8% | 424,841 |  | Unchanged |
| [CANADIAN NAT RES LTD MED TER (CNQ)](/companies/cnq.md) | COM | $21.0m | 4.4% | 532,366 |  | Unchanged |
| [APPIAN CORP (APPN)](/companies/appn.md) | CL A | $19.2m | 4.0% | 839,400 |  | Unchanged |
| [TREKOR METALS LTD (TGB)](/companies/tgb.md) | COM | $14.1m | 2.9% | 2,053,209 |  | New +2,053,209 |
| [WARRIOR MET COAL INC (HCC)](/companies/hcc.md) | COM | $14.1m | 2.9% | 174,000 |  | Unchanged |
| [ALAMOS GOLD INC (AGI)](/companies/agi.md) | COM CL A | $13.6m | 2.8% | 449,204 |  | Unchanged |
| [CORE NATURAL RESOURCES INC (CNR)](/companies/cnr.md) | COM SHS | $13.6m | 2.8% | 169,400 |  | Added +25,000 |
| FLUTTER ENTMT PLC | SHS | $12.5m | 2.6% | 121,976 |  | Added +5,000 |
| [BLACK STONE MINERALS L P (BSM)](/companies/bsm.md) | COM UNIT | $10.6m | 2.2% | 760,877 |  | Unchanged |
| ORLA MNG LTD NEW | COM | $7.7m | 1.6% | 790,319 |  | Reduced −527,281 |
| [HUDBAY MINERALS INC (HBM)](/companies/hbm.md) | COM | $7.5m | 1.6% | 317,389 |  | Unchanged |
| [S&P GLOBAL INC (SPGI)](/companies/spgi.md) | COM | $5.7m | 1.2% | 14,000 |  | Unchanged |
| [VERSABANK NEW (VBNK)](/companies/vbnk.md) | COM | $4.7m | 1.0% | 202,925 |  | Unchanged |
| [NACCO INDS INC (NC)](/companies/nc.md) | CL A | $4.6m | 1.0% | 92,520 |  | Unchanged |
| [MAXCYTE INC (MXCT)](/companies/mxct.md) | COM | $4.1m | 0.9% | 3,370,689 |  | Unchanged |
| [KINROSS GOLD CORP (KGC)](/companies/kgc.md) | COM | $4.1m | 0.9% | 174,335 |  | Unchanged |
| [ADVANSIX INC (ASIX)](/companies/asix.md) | COM | $3.4m | 0.7% | 170,490 |  | Added +87,683 |
| OSISKO DEVELOPMENT CORP | COM NEW | $2.7m | 0.6% | 1,100,000 |  | Unchanged |
| [ALLIED GOLD CORP (AAUC)](/companies/aauc.md) | COM NEW | $2.0m | 0.4% | 85,234 |  | Reduced −75,000 |
| [BARRICK MNG CORP (B)](/companies/b.md) | COM SHS | $411.4k | <0.1% | 11,200 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| BUNGE GLOBAL SA | COM SHS | $0 | 0.0% | 0 |  | Sold out −77,200 |
| [EXPAND ENERGY CORPORATION (EXE)](/companies/exe.md) | COM | $0 | 0.0% | 0 |  | Sold out −123,700 |
| [SASOL LTD (SSL)](/companies/ssl.md) | SPONSORED ADR | $0 | 0.0% | 0 |  | Sold out −607,325 |
| TASEKO MINES LTD | COM | $0 | 0.0% | 0 |  | Sold out −2,053,209 |
| [ZOOM COMMUNICATIONS INC (ZM)](/companies/zm.md) | CL A | $0 | 0.0% | 0 |  | Sold out −78,800 |

Source: SEC EDGAR, Form 13F-HR, accession 0001172661-26-003403. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.