L1 Capital Pty Ltd
CIK 0001817646
Annualised vol
12.720542%
Beta
0.237701
HHI
820.391333
Top-10 weight
82.726963%
VaR 95%
1.051473%
VaR 99%
2.915434%
Max drawdown
21.355986%
Matched value
78.530774%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| NXE | REDUCED | 34,992,263 | 35,220,809 | -0.65% | 328,727,761 |
| AMCR | ADDED | 6,710,648 | 4,400,214 | 52.51% | 290,906,591 |
| EQX | ADDED | 27,055,865 | 24,331,165 | 11.2% | 262,983,008 |
| CGAU | ADDED | 16,337,154 | 7,051,683 | 131.68% | 258,967,151 |
| TGB | NEW | 34,687,011 | - | - | 238,679,985 |
| HBM | NEW | 9,977,133 | - | - | 235,504,782 |
| BTG | NEW | 48,837,914 | - | - | 182,653,798 |
| OGC | NEW | 3,157,907 | - | - | 79,125,736 |
| AVR | UNCHANGED | 7,789,000 | 7,789,000 | 0.0% | 76,721,650 |
| AA | NEW | 1,435,645 | - | - | 74,854,530 |
| HDB | ADDED | 2,194,495 | 1,268,890 | 72.95% | 56,683,806 |
| NWSA | REDUCED | 1,995,900 | 4,234,968 | -52.87% | 56,004,954 |
| BLDR | ADDED | 600,269 | 292,503 | 105.22% | 53,712,070 |
| AYA | NEW | 2,074,017 | - | - | 39,264,235 |
| ISOU | ADDED | 2,778,857 | 2,485,077 | 11.82% | 27,694,557 |
| IAG | ADDED | 1,512,374 | 1,509,742 | 0.17% | 23,956,004 |
| ZG | REDUCED | 499,342 | 1,269,328 | -60.66% | 15,739,260 |
| INTU | NEW | 49,972 | - | - | 13,042,692 |
| LAR | NEW | 1,369,956 | - | - | 11,329,536 |
| SGML | NEW | 767,428 | - | - | 9,707,964 |
| CCL | CLOSED OUT | 0 | 715,980 | -100.0% | 0 |
| TECK | CLOSED OUT | 0 | 634,547 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | ELDORADO GOLD CORP NEW | COM | 284902509 | 448,241,847 | 15.07 | 1.4417557E7 | |
| NXE | REDUCED | NEXGEN ENERGY LTD | COM | 65340P106 | 328,727,761 | 11.05 | 3.4992263E7 |
| AMCR | ADDED | AMCOR PLC | COM NEW | G0250X149 | 290,906,591 | 9.78 | 6710648.0 |
| EQX | ADDED | EQUINOX GOLD CORP | COM | 29446Y502 | 262,983,008 | 8.84 | 2.7055865E7 |
| CGAU | ADDED | CENTERRA GOLD INC | COM | 152006102 | 258,967,151 | 8.7 | 1.6337154E7 |
| TGB | NEW | TREKOR METALS LTD | COM | 89472Y107 | 238,679,985 | 8.02 | 3.4687011E7 |
| HBM | NEW | HUDBAY MINERALS INC | COM | 443628102 | 235,504,782 | 7.92 | 9977133.0 |
| BTG | NEW | B2GOLD CORP | COM | 11777Q209 | 182,653,798 | 6.14 | 4.8837914E7 |
| - | CRH PLC | ORD | G25508105 | 135,304,389 | 4.55 | 1264527.0 | |
| OGC | NEW | OCEANAGOLD CORP | COM NEW | 675222400 | 79,125,736 | 2.66 | 3157907.0 |
| AVR | UNCHANGED | ANTERIS TECHNOLOGIES GLOBAL | COM | 03675P102 | 76,721,650 | 2.58 | 7789000.0 |
| AA | NEW | ALCOA CORP | COM | 013872106 | 74,854,530 | 2.52 | 1435645.0 |
| HDB | ADDED | HDFC BANK LTD | SPONSORED ADS | 40415F101 | 56,683,806 | 1.91 | 2194495.0 |
| NWSA | REDUCED | NEWS CORP NEW | CL B | 65249B208 | 56,004,954 | 1.88 | 1995900.0 |
| BLDR | ADDED | BUILDERS FIRSTSOURCE INC | COM | 12008R107 | 53,712,070 | 1.81 | 600269.0 |
| AYA | NEW | AYA GOLD & SILVER INC | COM | 05466C109 | 39,264,235 | 1.32 | 2074017.0 |
| - | NU HLDGS LTD | ORD SHS CL A | G6683N103 | 35,194,502 | 1.18 | 2634319.0 | |
| ISOU | ADDED | ISOENERGY LTD | COM NEW | 46500E867 | 27,694,557 | 0.93 | 2778857.0 |
| IAG | ADDED | IAMGOLD CORP | COM | 450913108 | 23,956,004 | 0.81 | 1512374.0 |
| - | FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 | 19,960,402 | 0.67 | 84104.0 | |
| ZG | REDUCED | ZILLOW GROUP INC | CL C CAP STK | 98954M200 | 15,739,260 | 0.53 | 499342.0 |
| INTU | NEW | INTUIT | COM | 461202103 | 13,042,692 | 0.44 | 49972.0 |
| LAR | NEW | LITHIUM ARGENTINA AG | COM SHS | H5012F103 | 11,329,536 | 0.38 | 1369956.0 |
| SGML | NEW | SIGMA LITHIUM CORPORATION | COM | 826599102 | 9,707,964 | 0.33 | 767428.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | 2,974,961,210 | 24 | 12.720542 | 0.237701 | 21.355986 |
| 2026-03-31 | 2026-05-15 | 2,546,511,780 | 22 | 9.103057 | 0.192214 | 15.762653 |
| 2025-12-31 | 2026-02-13 | 1,917,106,811 | 20 | 10.72308 | 0.26419 | 17.439623 |
| 2025-09-30 | 2025-11-14 | 1,583,977,042 | 19 | 14.684385 | 0.319275 | 28.487307 |
| 2025-06-30 | 2025-09-11 | 1,654,838,156 | 30 | 11.604456 | 0.222713 | 20.913417 |
| 2025-03-31 | 2025-05-15 | 1,073,797,857 | 14 | 9.282285 | 0.143245 | 21.134839 |
| 2024-12-31 | 2025-02-14 | 1,169,213,392 | 14 | 10.341521 | 0.115472 | 20.11319 |