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Mudita Advisors LLP: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1907809) · Explore on the interactive board

Mudita Advisors LLP disclosed 24 US equity positions worth $481.0m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 13, 2026). Its largest position is HGV at 30.6% of the reported book, followed by ESTA, MGM. The top ten holdings are 82.6% of the book, and the portfolio behaves like about 7 equal-weight positions. Versus the prior filing it opened 1 new position, added to 4, reduced 3 and exited 5. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$481.0mreported US equity book
24positions
30.6%largest position
82.6%top 10 weight
7.33effective positions (1/HHI)
2quarters on file since Q1 2026

What does Mudita Advisors LLP own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 1 new, 4 added, 3 reduced, 5 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 HGV HILTON GRAND VACATIONS INC Consumer Cyclical 30.6%$147.1m2,808,706 1% added
2 ESTA ESTABLISHMENT LABS HLDGS INC Healthcare 12.9%$62.0m723,063 -5% reduced
3 MGM MGM RESORTS INTERNATIONAL Consumer Cyclical 9.4%$45.2m945,938 0% held
4 IAG IAMGOLD CORP Basic Materials 7.8%$37.6m2,375,300 0% held
5 DAR DARLING INGREDIENTS INC Consumer Defensive 4.8%$23.2m424,841 0% held
6 CNQ CANADIAN NAT RES LTD MED TER Energy 4.4%$21.0m532,366 0% held
7 APPN APPIAN CORP Technology 4.0%$19.2m839,400 0% held
8 TGB TREKOR METALS LTD Basic Materials 2.9%$14.1m2,053,209 new
9 HCC WARRIOR MET COAL INC Basic Materials 2.9%$14.1m174,000 0% held
10 AGI ALAMOS GOLD INC Basic Materials 2.8%$13.6m449,204 0% held
11 CNR CORE NATURAL RESOURCES INC Energy 2.8%$13.6m169,400 17% added
12 FLUTTER ENTMT PLC 2.6%$12.5m121,976 4% added
13 BSM BLACK STONE MINERALS L P 2.2%$10.6m760,877 0% held
14 ORLA MNG LTD NEW 1.6%$7.7m790,319 -40% reduced
15 HBM HUDBAY MINERALS INC Basic Materials 1.6%$7.5m317,389 0% held
16 SPGI S&P GLOBAL INC Financial Services 1.2%$5.7m14,000 0% held
17 VBNK VERSABANK NEW 1.0%$4.7m202,925 0% held
18 NC NACCO INDS INC 1.0%$4.6m92,520 0% held
19 MXCT MAXCYTE INC Healthcare 0.9%$4.1m3,370,689 0% held
20 KGC KINROSS GOLD CORP Basic Materials 0.9%$4.1m174,335 0% held
21 ASIX ADVANSIX INC Basic Materials 0.7%$3.4m170,490 106% added
22 NPDEUR OSISKO DEVELOPMENT CORP 0.6%$2.7m1,100,000 0% held
23 AAUC ALLIED GOLD CORP Basic Materials 0.4%$2.0m85,234 -47% reduced
24 B BARRICK MNG CORP Basic Materials 0.1%$411.4k11,200 0% held

What did Mudita Advisors LLP sell? Positions exited since the previous filing

StockPrior weightPrior value
EXE EXPAND ENERGY CORPORATION26.7%$13.6m
TKOEUR TASEKO MINES LTD26.0%$13.2m
BG BUNGE GLOBAL SA19.3%$9.8m
SSL SASOL LTD15.5%$7.9m
ZM ZOOM COMMUNICATIONS INC12.5%$6.3m

Sector mix

SectorWeight
Consumer Cyclical40.0%
Basic Materials20.2%
Healthcare13.8%
Energy7.2%
Consumer Defensive4.8%
Technology4.0%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 202624$481.0m
Q1 202628$490.1m

How concentrated is Mudita Advisors LLP's portfolio?

Across every quarter Mudita Advisors LLP has filed, its median largest position is 26.4% of the book and its median top-ten weight is 78.2%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 5.0 completed holding spells, the median lasted 1.0 quarters; 24.0 positions are still open and their final length is unknown.