Helikon Investments Ltd

CIK: 0001839497SEC EDGAR →

Portfolio Value

$1.9B

Holdings

17

As of

Q4 2025

New Positions

2

Closed Positions

4

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

ALLIED GOLD CORP

16,498,498$377.5M
20.02%
2

SKEENA RES LTD NEW

15,828,709$375.6M
19.92%
3

CORPORACION AMER ARPTS S A

13,565,960$352.7M
18.71%
4

COLLECTIVE MINING LTD

10,650,248$155.4M
8.24%
5

MGM RESORTS INTERNATIONAL

2,988,773$109.1M
5.78%
6

TRANSPORTADORA DE GAS SUR

3,283,265$102.1M
5.41%
7

IAC INC

1,866,442$73.0M
3.87%
8

SOLARIS RES INC

9,022,072$71.9M
3.81%
9

IRSA INVERSIONES Y REP S A

4,142,489$68.5M
3.63%
10

IHS HOLDING LIMITED

8,780,288$65.5M
3.47%

Quarterly Changes

Top Buys

AAUC↑ Increased
$119.4M
CAAP↑ Increased
$109.4M
TGS↑ Increased
$41.1M
IHS↑ Increased
$32.5M
SLS↑ Increased
$28.5M

Top Sells

SKE.TO↓ Decreased
$64.7M
IFS↓ Decreased
$36.4M
EDN↓ Decreased
$20.1M
MGM↓ Decreased
$11.8M
VEON↓ Decreased
$9.8M

New Positions (2)

$8.1M · 2.3M shares
$255K · 57K shares

Closed Positions (2)

$3.6M · 395K shares
$1.8M · 243K shares

Sector Breakdown

Sector# HoldingsValue%
Basic Materials2$532.9M28.3%
Unknown3$456.9M24.2%
Industrials2$421.2M22.3%
Consumer Cyclical1$109.1M5.8%
Energy1$102.1M5.4%
Utilities2$98.0M5.2%
Communication Services2$83.6M4.4%
Healthcare1$71.9M3.8%
Financial Services2$9.4M0.5%
Technology1$255K0.0%