Helikon Investments Ltd 13F annual report
Helikon Investments Ltd is an investment fund managing more than $1.07 trillion ran by Paul Mclernon. There are currently 17 companies in Mr. Mclernon’s portfolio. The largest investments include Eldorado Gold and Vista Energy S.a.b. De C.v., together worth $555 billion.
$1.07 trillion Assets Under Management (AUM)
As of 23rd July 2024, Helikon Investments Ltd’s top holding is 23,836,579 shares of Eldorado Gold currently worth over $353 billion and making up 32.8% of the portfolio value.
Relative to the number of outstanding shares of Eldorado Gold, Helikon Investments Ltd owns more than 0.1% of the company.
In addition, the fund holds 4,440,943 shares of Vista Energy S.a.b. De C.v. worth $202 billion.
The third-largest holding is Corporacion Amer Arpts S A worth $123 billion and the next is Ypf Sociedad Anonima worth $112 billion, with 5,553,179 shares owned.
Currently, Helikon Investments Ltd's portfolio is worth at least $1.07 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Helikon Investments Ltd
The Helikon Investments Ltd office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Paul Mclernon serves as the Director at Helikon Investments Ltd.
Recent trades
In the most recent 13F filing, Helikon Investments Ltd revealed that it had opened a new position in
Caesars Entertainment Inc Ne and bought 950,244 shares worth $37.8 billion.
The investment fund also strengthened its position in VEON Ltd by buying
206,200 additional shares.
This makes their stake in VEON Ltd total 2,739,275 shares worth $71.1 billion.
VEON Ltd dropped approximately 0.1% in the past year.
On the other hand, there are companies that Helikon Investments Ltd is getting rid of from its portfolio.
Helikon Investments Ltd closed its position in Centerra Gold Inc on 30th July 2024.
It sold the previously owned 3,215,352 shares for $19 billion.
Paul Mclernon also disclosed a decreased stake in Eldorado Gold by 0.1%.
This leaves the value of the investment at $353 billion and 23,836,579 shares.
One of the average hedge funds
The two most similar investment funds to Helikon Investments Ltd are Foster Dykema Cabot & Partners and Galvin, Gaustad & Stein. They manage $1.07 trillion and $1.07 trillion respectively.
Paul Mclernon investment strategy
Helikon Investments Ltd’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Materials — making up 39.8% of
the total portfolio value.
The fund focuses on investments in the Canada as
17.6% of the portfolio companies
are based in the Canada.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
approximately 0.1% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $1.32 billion.
The complete list of Helikon Investments Ltd trades based on 13F SEC filings
These positions were updated on July 30th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Eldorado Gold Corp. |
13.87%
23,836,579
|
$352,543,003,000 | 32.82% |
| Vista Energy S.a.b. De C.v. |
2.82%
4,440,943
|
$201,974,088,000 | 18.80% |
| Corporacion Amer Arpts S A |
2.74%
7,385,710
|
$122,898,214,000 | 11.44% |
| Ypf Sociedad Anonima |
25.75%
5,553,179
|
$111,729,961,000 | 10.40% |
| VEON Ltd |
8.14%
2,739,275
|
$71,056,794,000 | 6.62% |
| Iamgold Corp. |
48.05%
17,070,962
|
$64,016,108,000 | 5.96% |
| Caesars Entertainment Inc Ne |
Opened
950,244
|
$37,762,697,000 | 3.52% |
| Adecoagro S.A. |
2.03%
2,578,229
|
$25,086,168,000 | 2.34% |
| Pampa Energia S A |
28.48%
535,008
|
$23,679,454,000 | 2.20% |
| Centerra Gold Inc |
Closed
3,215,352
|
$19,002,730,000 | |
| Intercorp Finl Svcs Inc |
208.53%
781,345
|
$17,509,941,000 | 1.63% |
| Sandstorm Gold Ltd |
61.78%
2,086,579
|
$11,350,990,000 | 1.06% |
| Irsa Inversiones Y Rep S A |
No change
1,266,348
|
$11,346,478,000 | 1.06% |
| Empresa Dist Y Comercial Nor |
45.49%
502,260
|
$8,232,041,000 | 0.77% |
| Cresud S A C I F Y A |
No change
637,624
|
$5,241,269,000 | 0.49% |
| Enel Chile S.A. |
4.70%
1,842,178
|
$5,158,098,000 | 0.48% |
| Transportadora De Gas Sur |
No change
220,482
|
$4,184,748,000 | 0.39% |
| Companhia De Saneamento Basi |
Opened
22,058
|
$296,680,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 18 holdings | |||
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