L1 Capital Pty Ltd 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
L1 Capital Pty Ltd disclosed 14 US equity positions worth $1.1bn in its Q1 2025 13F filing. The largest position was EGO at 13.7% of the reported book, followed by NXE and CVE. Against the Q4 2024 filing, it opened 3 new positions, added to 9 and reduced 2 among the top 14 holdings.
What did L1 Capital Pty Ltd own in Q1 2025? Top 14 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | EGO ELDORADO GOLD CORP NEW | Basic Materials | 13.7% | $147.6m | 8,774,080 | 23% | added |
| 2 | NXE NEXGEN ENERGY LTD | Energy | 12.8% | $137.4m | 30,644,505 | 12% | added |
| 3 | CVE CENOVUS ENERGY INC | Energy | 10.6% | $114.3m | 8,214,366 | 23% | added |
| 4 | FLUTTER ENTMT PLC | 10.2% | $109.6m | 494,603 | 61% | added | |
| 5 | HBM HUDBAY MINERALS INC | Basic Materials | 10.2% | $109.4m | 14,423,384 | 44% | added |
| 6 | CRH CRH PLC | Basic Materials | 9.4% | $100.5m | 1,142,437 | 32% | added |
| 7 | RYAAY RYANAIR HOLDINGS PLC | Industrials | 9.0% | $96.1m | 2,268,807 | -5% | reduced |
| 8 | EQX EQUINOX GOLD CORP | Basic Materials | 7.0% | $74.6m | 10,848,019 | 111% | added |
| 9 | AA ALCOA CORP | Basic Materials | 4.9% | $52.7m | 1,727,044 | – | new |
| 10 | HCC WARRIOR MET COAL INC | Basic Materials | 3.2% | $34.3m | 718,309 | – | new |
| 11 | TKOEUR TASEKO MINES LTD | 2.6% | $28.2m | 12,608,621 | – | new | |
| 12 | GPK GRAPHIC PACKAGING HLDG CO | Consumer Cyclical | 2.6% | $27.5m | 1,060,541 | -61% | reduced |
| 13 | AVR ANTERIS TECHNOLOGIES GLOBAL | 2.3% | $25.1m | 6,886,480 | 147% | added | |
| 14 | SLSR SOLARIS RES INC | 1.5% | $16.6m | 4,929,623 | 1% | 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.