§ 13F · FUND PROFILE
Mountain Lake Investment Management LLC.
Institutional filer · behavioral pattern: Other. Summary pending.
AUM · $134.3T (13F)Positions · 26Turnover · — · Q4Filed · Feb 17, 2026
CONCENTRATION
—
Top 10 holdings
NEW BUYS
0
+$1.4T deployed
EXITS
0
No exits
SECTOR SHIFT
—
No prior quarter data
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 17, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | SGOL | ETFS GOLD TR | 363K | $14.9T | 11.3% | −21% |
| 2 | PHYS | SPROTT ASSET MANAGEMENT LP | 451K | $14.9T | 11.3% | −2% |
| 3 | ALGT | ALLEGIANT TRAVEL CO | 126K | $10.8T | 8.2% | −7% |
| 4 | ALSN | ALLISON TRANSMISSION HLDGS I | 110K | $10.7T | 8.2% | +10% |
| 5 | VNOM | VIPER ENERGY INC | 252K | $9.7T | 7.4% | −2% |
| 6 | AN | AUTONATION INC | 47K | $9.7T | 7.4% | −3% |
| 7 | BLDR | BUILDERS FIRSTSOURCE INC | 84K | $8.6T | 6.6% | +10% |
| 8 | DHI | D R HORTON INC | 60K | $8.6T | 6.6% | −3% |
| 9 | NRP | NATURAL RESOURCE PARTNERS L | 65K | $6.8T | 5.2% | +43% |
| 10 | NE | NOBLE CORP PLC | 231K | $6.5T | 5.0% | +2% |
§ 02 · SECTOR ALLOCATION
Where the money is
Sector data pending
§ 03 · THE MOUNTAIN SIGNAL
AC read
Mountain Lake Investment Management LLC is a Other fund managing $134277.1 trillion in assets. The fund runs a focused portfolio of just 26 positions.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Steady book
+0 buys · −0 exits · 0 changed
Q3 2025
Steady book
+0 buys · −0 exits · 0 changed