GMT Capital Corp

CIK

1106191

Location

ATLANTA, GA

Portfolio Value

Mid $2,094,065,797

Diversification

Diversified

Filing Date

Global Rank

#1,141 / 7,976 ▼ 100

Top Industry

Copper 26.6%

3Y Alpha vs SPY

+5.1%

Period ended 9 months ago

Filed Nov 14, 2025 · 7mo

23 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+99.6%

SPY

+76.3%

Annualised alpha

+5.1%

Max drawdown

−28.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

62 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

20.3%

+5.6 pts

Top 5

50.9%

+5.4 pts

Top 10

72.8%

+4.0 pts

HHI

836

Diversified+180

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Basic Materials	36.1%	$756,070,971	6
Industrials	19.5%	$407,430,708	7
Consumer Cyclical	19.1%	$399,010,970	8
Technology	9.8%	$204,533,387	15
Healthcare	6.7%	$140,355,841	11
Communication Services	5.8%	$121,261,650	5
Financial Services	2.8%	$57,830,147	5
Energy	0.2%	$4,259,708	3
Consumer Defensive	0.2%	$3,312,415	2

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
ODV	Osisko Development Corp.	+4,685,754	5,500,000	$18,645,000
CMPS	COMPASS Pathways plc	+1,062,900	2,844,618	$16,299,661
JAZZ	Jazz Pharmaceuticals plc	+24,400	792,800	$104,491,040
No positions match the current search.

Trimmed

Positions the filer reduced

20 positions

Ticker	Company	Δ Shares	Shares	Value
HBM	Hudbay Minerals Inc.	−3,795,400	28,103,620	$426,050,879
ITUB	Itau Unibanco Holding S.A.	−3,730,200	2,324,330	$16,563,640
ERO	Ero Copper Corp.	−957,601	6,509,454	$131,686,254
KD	Kyndryl Holdings, Inc.	−799,200	2,364,860	$71,016,745
TNL	Travel & Leisure Co.	−710,900	1,732,941	$103,092,660
DAL	Delta Air Lines, Inc.	−605,500	4,909,600	$278,619,800
BBWI	Bath & Body Works, Inc.	−600,500	3,466,500	$89,297,040
AGI	Alamos Gold Inc	−594,500	2,354,375	$82,073,512
UBER	Uber Technologies, Inc	−552,000	410,400	$40,206,888
CRESY	Cresud Inc	−505,896	1,063,712	$9,547,453
MOS	Mosaic Co	−486,600	2,278,300	$79,011,444
BIDU	Baidu, Inc.	−308,400	258,027	$34,000,217
AKAM	Akamai Technologies Inc	−288,000	41,500	$3,144,040
SSNC	SS&C Technologies Holdings Inc	−273,900	779,000	$69,144,040
BABA	Alibaba Group Holding Ltd	−270,000	166,200	$29,704,926
C	Citigroup Inc	−261,800	241,400	$24,502,100
MGM	MGM Resorts International	−239,600	993,900	$34,448,574
UAL	United Airlines Holdings, Inc.	−109,100	1,091,900	$105,368,350
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−17,300	10,600	$2,960,474
GOOGL	Alphabet Inc.	−15,600	232,240	$56,457,544
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
EQX	Equinox Gold Corp.	1,658,100	$18,603,882
CHPT	ChargePoint Holdings, Inc.	101,290	$1,106,086
WOLF	Wolfspeed, Inc.	10,117	$289,346
CGC	Canopy Growth Corp	138,459	$202,150
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
BDX	Becton Dickinson & Co	90,500	$12,255,211
WCC	Wesco International Inc	65,800	$12,186,160
ITRG	Integra Resources Corp.	6,515,503	$9,773,254
SIG	Signet Jewelers Ltd	101,800	$8,098,190
SMCI	Super Micro Computer, Inc.	92,700	$4,543,227
OM	Outset Medical, Inc.	98,108	$1,884,654
GTE	Gran Tierra Energy Inc.	300,000	$1,431,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

62 positions · $2,094,065,797 total · as of Sep 30, 2025

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 62 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
HBM	Hudbay Minerals Inc. Basic Materials	Reduced	28,103,620	-3,795,400	$426,050,879	+25.9%	20.35%
DAL	Delta Air Lines, Inc. Industrials	Reduced	4,909,600	-605,500	$278,619,800	+2.7%	13.31%
ERO	Ero Copper Corp. Basic Materials	Reduced	6,509,454	-8,424,656	$131,686,254	−47.7%	6.29%
CBRL	Cracker Barrel Old Country Store, Inc Consumer Cyclical	Held	2,833,700	0	$124,852,822	−27.9%	5.96%
UAL	United Airlines Holdings, Inc. Industrials	Reduced	1,091,900	-109,100	$105,368,350	+10.2%	5.03%
JAZZ	Jazz Pharmaceuticals plc Healthcare	Added	792,800	+24,400	$104,491,040	+28.1%	4.99%
TNL	Travel & Leisure Co. Consumer Cyclical	Reduced	1,732,941	-710,900	$103,092,660	−18.3%	4.92%
BBWI	Bath & Body Works, Inc. Consumer Cyclical	Reduced	3,466,500	-600,500	$89,297,040	−26.7%	4.26%
AGI	Alamos Gold Inc Basic Materials	Reduced	2,354,375	-594,500	$82,073,512	+4.8%	3.92%
MOS	Mosaic Co Basic Materials	Reduced	2,278,300	-486,600	$79,011,444	−21.7%	3.77%
KD	Kyndryl Holdings, Inc. Technology	Reduced	2,364,860	-799,200	$71,016,745	−46.5%	3.39%
SSNC	SS&C Technologies Holdings Inc Technology	Reduced	779,000	-273,900	$69,144,040	−20.7%	3.30%
GOOGL	Alphabet Inc. Communication Services	Reduced	232,240	-15,600	$56,457,544	+29.3%	2.70%
UBER	Uber Technologies, Inc Technology	Reduced	410,400	-552,000	$40,206,888	−55.2%	1.92%
MGM	MGM Resorts International Consumer Cyclical	Reduced	993,900	-239,600	$34,448,574	−18.8%	1.65%
BIDU	Baidu, Inc. Communication Services	Reduced	258,027	-308,400	$34,000,217	−30.0%	1.62%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	166,200	-270,000	$29,704,926	−40.0%	1.42%
C	Citigroup Inc Financial Services	Reduced	241,400	-261,800	$24,502,100	−42.8%	1.17%
RBLX	Roblox Corp Communication Services	Held	150,400	0	$20,833,408	+31.7%	0.99%
ODV	Osisko Development Corp. Basic Materials	Added	5,500,000	+4,685,754	$18,645,000	+970.0%	0.89%
EQX	Equinox Gold Corp. Basic Materials	NEW	1,658,100	NEW	$18,603,882	NEW	0.89%
ITUB	Itau Unibanco Holding S.A. Financial Services	Reduced	2,324,330	-3,730,200	$16,563,640	−58.5%	0.79%
CMPS	COMPASS Pathways plc Healthcare	Added	2,844,618	+1,062,900	$16,299,661	+226.7%	0.78%
RIOT	Riot Platforms, Inc. Financial Services	Held	783,900	0	$14,917,617	+68.4%	0.71%
QS	QuantumScape Corp Consumer Cyclical	Held	1,163,500	0	$14,334,320	+83.3%	0.68%
CRESY	Cresud Inc Industrials	Reduced	1,063,712	-505,896	$9,547,453	−42.1%	0.46%
OCGN	Ocugen, Inc. Healthcare	Held	4,153,798	0	$6,770,690	+68.0%	0.32%
AMSC	American Superconductor Corp /De/ Industrials	Held	108,066	0	$6,418,039	+61.9%	0.31%
KODK	Eastman Kodak Co Industrials	Held	981,400	0	$6,290,774	+13.5%	0.30%
AMC	Amc Entertainment Holdings, Inc. Communication Services	Held	1,816,151	0	$5,266,837	−6.5%	0.25%
FSLY	Fastly, Inc. Technology	Held	598,800	0	$5,119,740	+21.1%	0.24%
EA	Electronic Arts Inc. Communication Services	Held	23,320	0	$4,703,644	+26.3%	0.22%
ESTA	Establishment Labs Holdings Inc. Healthcare	Held	98,766	0	$4,048,418	−4.0%	0.19%
CLOV	Clover Health Investments, Corp. /De Healthcare	Held	1,305,200	0	$3,993,912	+9.7%	0.19%
SNOW	Snowflake Inc. Technology	Held	15,700	0	$3,541,135	+0.8%	0.17%
AKAM	Akamai Technologies Inc Technology	Reduced	41,500	-288,000	$3,144,040	−88.0%	0.15%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	10,600	-17,300	$2,960,474	−53.2%	0.14%
U	Unity Software Inc. Technology	Held	73,100	0	$2,926,924	+65.5%	0.14%
RUN	Sunrun Inc. Technology	Held	167,900	0	$2,902,991	+111.4%	0.14%
BYND	Beyond Meat, Inc. Consumer Defensive	Held	1,445,747	0	$2,732,461	−45.8%	0.13%
PGEN	Precigen, Inc. Healthcare	Held	668,830	0	$2,200,450	+131.7%	0.11%
UAA	Under Armour, Inc. Consumer Cyclical	Held	435,780	0	$2,174,542	−26.9%	0.10%
CLNE	Clean Energy Fuels Corp. Energy	Held	767,758	0	$1,980,815	+32.3%	0.09%
MARA	MARA Holdings, Inc. Financial Services	Held	83,800	0	$1,530,188	+16.5%	0.07%
CIEN	Ciena Corp Technology	Held	9,410	0	$1,370,754	+79.1%	0.07%
FLNA	Filana Therapeutics, Inc. Healthcare	Held	450,100	0	$1,309,791	+60.8%	0.06%
MVIS	Microvision, Inc. Technology	Held	1,043,100	0	$1,293,444	+8.8%	0.06%
OBE	Obsidian Energy Ltd. Energy	Held	180,008	0	$1,177,252	+17.8%	0.06%
CHPT	ChargePoint Holdings, Inc. Consumer Cyclical	NEW	101,290	NEW	$1,106,086	NEW	0.05%
LBRT	Liberty Energy Inc. Energy	Held	89,274	0	$1,101,641	+7.5%	0.05%