Helikon Investments Ltd 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Helikon Investments Ltd disclosed 19 US equity positions worth $1.6bn in its Q2 2025 13F filing. The largest position was MGM at 18.8% of the reported book, followed by CORPORACION AMER ARPTS S A and SKE. Against the Q1 2025 filing, it opened 2 new positions, added to 8 and reduced 5 among the top 19 holdings.
What did Helikon Investments Ltd own in Q2 2025? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 18.8% | $303.0m | 8,810,322 | 380% | added |
| 2 | CORPORACION AMER ARPTS S A | 16.8% | $270.3m | 13,342,552 | -2% | reduced | |
| 3 | SKE SKEENA RES LTD NEW | 13.8% | $223.4m | 14,030,111 | 18% | added | |
| 4 | AAUC ALLIED GOLD CORP | 9.9% | $159.4m | 11,791,913 | – | new | |
| 5 | COLLECTIVE MINING LTD | 6.7% | $108.5m | 9,916,894 | 0% | held | |
| 6 | EGO ELDORADO GOLD CORP NEW | Basic Materials | 6.0% | $96.8m | 4,760,879 | -67% | reduced |
| 7 | PPLI IAC INC | Communication Services | 4.7% | $76.1m | 2,036,840 | – | new |
| 8 | VEON VEON LTD | 4.2% | $67.4m | 1,462,295 | -40% | reduced | |
| 9 | EDN EMPRESA DIST Y COMERCIAL NOR | 2.9% | $47.4m | 1,788,285 | -12% | reduced | |
| 10 | INTERCORP FINL SVCS INC | 2.8% | $45.3m | 1,188,211 | 0% | held | |
| 11 | EQX EQUINOX GOLD CORP | Basic Materials | 2.7% | $44.3m | 7,699,497 | 37% | added |
| 12 | PAM PAMPA ENERGIA S A | Industrials | 2.1% | $34.2m | 492,578 | 0% | held |
| 13 | IRS IRSA INVERSIONES Y REP S A | 2.0% | $33.0m | 2,367,181 | 66% | added | |
| 14 | COHEN CIRCLE ACQUISITION COR | 1.7% | $27.3m | 2,492,592 | 35% | added | |
| 15 | AGRO ADECOAGRO S A | Consumer Defensive | 1.6% | $25.8m | 2,825,500 | -77% | reduced |
| 16 | SLSR SOLARIS RES INC | 1.4% | $22.0m | 4,811,620 | 454% | added | |
| 17 | IHS IHS HOLDING LIMITED | Real Estate | 0.8% | $13.1m | 2,357,338 | 64% | added |
| 18 | LITHIUM ARGENTINA AG | 0.8% | $12.2m | 14,611,000 | 0% | held | |
| 19 | CRESY CRESUD S A C I F Y A | 0.3% | $4.3m | 395,181 | 21% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.