Helikon Investments Ltd
CIK: 0001839497Latest portfolio: $1.9B · Q4 2025
Holdings
17
Total Value
$1.9B
New Positions
2
Closed Positions
2
Top Holdings
| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | AAUCALLIED GOLD CORP | 16,498,498 | $377.5M | 20.02% | +1.8M | |
| 2 | SKE.TOSKEENA RES LTD NEW | 15,828,709 | $375.6M | 19.92% | -1,043,110 | |
| 3 | CAAPCORPORACION AMER ARPTS S A | 13,565,960 | $352.7M | 18.71% | +136K | |
| 4 | CNLCOLLECTIVE MINING LTD | 10,650,248 | $155.4M | 8.24% | +195K | |
| 5 | MGMMGM RESORTS INTERNATIONAL | 2,988,773 | $109.1M | 5.78% | -497,488 | |
| 6 | TGSTRANSPORTADORA DE GAS SUR | 3,283,265 | $102.1M | 5.41% | +386K | |
| 7 | 0J7QIAC INC | 1,866,442 | $73.0M | 3.87% | +541K | |
| 8 | SLSSOLARIS RES INC | 9,022,072 | $71.9M | 3.81% | +2.2M | |
| 9 | IRSIRSA INVERSIONES Y REP S A | 4,142,489 | $68.5M | 3.63% | +719K | |
| 10 | IHSIHS HOLDING LIMITED | 8,780,288 | $65.5M | 3.47% | +3.9M | |
| 11 | PAMPAMPA ENERGIA S A | 565,449 | $50.0M | 2.65% | -133,326 | |
| 12 | EDNEMPRESA DIST Y COMERCIAL NOR | 1,601,316 | $48.0M | 2.54% | -186,969 | |
| 13 | VEONVEON LTD | 344,522 | $18.1M | 0.96% | -168,416 | |
| 14 | LARCN 1.75 01/15/27LITHIUM ARGENTINA AG | 9,111,000 | $8.3M | 0.44% | -5,500,000 | |
| 15 | NUAGNEW PAC METALS CORP | 2,293,539 | $8.1M | 0.43% | NEW | |
| 16 | IFSINTERCORP FINL SVCS INC | 31,223 | $1.3M | 0.07% | -904,475 | |
| 17 | BTOB2GOLD CORP | 56,760 | $255K | 0.01% | NEW |
Quarterly Changes
Sector Breakdown
Unknown0.0% ($375615.7T)
Basic Materials0.0% ($377.5T)
Industrials0.0% ($35.3T)
Communication Services0.0% ($6.6T)
Utilities0.0% ($5.0T)
Financial Services0.0% ($80.5B)
Consumer Cyclical0.0% ($109.1M)
Energy0.0% ($102.1M)
Healthcare0.0% ($71.9M)
Technology0.0% ($255K)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 5, 2026 | $1.9B | 17 |
| Q3 2025 | Nov 10, 2025 | $1.5T | 17 |
| Q2 2025 | Aug 8, 2025 | $1.6T | 19 |
| Q1 2025 | May 12, 2025 | $1.3T | 21 |
| Q4 2024 | Jan 22, 2025 | $961.0T | 19 |
| Q3 2024 | Oct 28, 2024 | $1114.3T | 19 |
| Q2 2024 | Jul 30, 2024 | $1084.5T | 18 |
| Q1 2024 | Apr 18, 2024 | $1159.0T | 17 |
| Q4 2023 | Feb 12, 2024 | $1021.5T | 15 |
| Q3 2023 | Oct 31, 2023 | $819.3T | 15 |
| Q2 2023 | Jul 28, 2023 | $819.4T | 15 |
| Q1 2023 | May 9, 2023 | $748.2T | 12 |
| Q4 2022 | Feb 3, 2023 | $532.3T | 8 |
| Q3 2022 | Nov 8, 2022 | $340.8B | 6 |
| Q2 2022 | Jul 19, 2022 | $252.9B | 4 |
| Q1 2022 | Apr 26, 2022 | $332.7B | 6 |
| Q4 2021 | Jan 18, 2022 | $314.6B | 4 |
| Q3 2021 | Oct 20, 2021 | $343.4B | 3 |
| Q2 2021 | Aug 2, 2021 | $358.9B | 4 |
| Q1 2021 | May 17, 2021 | $230.6B | 3 |
| Q4 2020 | Feb 3, 2021 | $154.5B | 4 |
Fund Information
Helikon Investments Ltd is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $1.9B across 17 holdings. The largest position is ALLIED GOLD CORP (AAUC), representing 20.0% of the portfolio. Compared to the previous quarter, the fund opened 2 new positions and closed 2 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.