Helikon Investments Ltd
Filing Date
Global Rank
#1,019
/ 8,588
▲ 257
Top Industry
Gold
21.7%
3Y Alpha vs SPY
+34.4%
Period ended 3 months ago
Filed May 8, 2026 · 40d
22 quarters · since Dec 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+274.6%
SPY
+76.8%
Annualised alpha
+34.4%
Max drawdown
−17.5%
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
17 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
18.5%
−1.6 pts
Top 5
59.3%
−13.7 pts
Top 10
83.4%
−9.9 pts
HHI
966
Diversified−394
Portfolio Trend
22 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Basic Materials | 54.4% | $1,441,560,187 |
| Consumer Cyclical | 13.4% | $354,973,191 |
| Industrials | 12.6% | $332,948,540 |
| Healthcare | 7.0% | $185,225,506 |
| Communication Services | 5.3% | $140,842,112 |
| Energy | 3.1% | $81,241,195 |
| Real Estate | 2.7% | $71,789,324 |
| Utilities | 1.5% | $39,975,052 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
6 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NEWP | New Pacific Metals Corp | +7,642,644 | 9,936,183 | $41,135,797 | |
| SLSR | Solaris Resources Inc. | +6,523,773 | 15,545,845 | $133,383,350 | |
| PPLI | People Inc | +1,651,972 | 3,518,414 | $140,842,112 | |
| SKE | Skeena Resources Ltd | +634,156 | 16,462,865 | $489,276,347 | |
| CNL | Collective Mining Ltd. | +329,064 | 10,979,312 | $193,345,684 | |
| IRS | Irsa Investments & Representations Inc | +286,217 | 4,428,706 | $71,789,324 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
5 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| AAUC | Allied Gold Corp | −4,226,296 | 12,272,202 | $380,929,150 | |
| TGS | Gas Transporter Of The South Inc | −935,932 | 2,347,333 | $81,241,195 | |
| CAAP | Corporacion America Airports S.A. | −400,735 | 13,165,225 | $332,948,540 | |
| EDN | Edenor | −269,702 | 1,331,614 | $39,975,052 | |
| MGM | MGM Resorts International | −113,769 | 2,875,004 | $106,403,898 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
6 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SVM | Silvercorp Metals Inc | 16,115,414 | $173,079,546 | |
| FLUT | Flutter Entertainment plc | 1,439,750 | $146,782,512 | |
| ABVX | Abivax S.A. | 1,013,324 | $112,833,627 | |
| SGHC | Super Group (SGHC) Ltd | 9,424,702 | $101,786,781 | |
| QGEN | Qiagen N.V. | 1,807,989 | $72,391,879 | |
| HSLV | Highlander Silver Corp. | 5,171,822 | $30,410,313 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
5 positions
7 positions ·
$1,441,560,187 total
· Basic Materials only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Energy
Healthcare
Industrials
Real Estate
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SKE |
Skeena Resources Ltd
Basic Materials
|
Reduced | 16,462,865 | $489,276,347 | 33.94% | |
| AAUC |
Allied Gold Corp
Basic Materials
|
Reduced | 12,272,202 | $380,929,150 | 26.42% | |
| CNL |
Collective Mining Ltd.
Basic Materials
|
Added | 10,979,312 | $193,345,684 | 13.41% | |
| SVM |
Silvercorp Metals Inc
Basic Materials
|
NEW | 16,115,414 | $173,079,546 | 12.01% | |
| SLSR |
Solaris Resources Inc.
Basic Materials
|
Reduced | 15,545,845 | $133,383,350 | 9.25% | |
| NEWP |
New Pacific Metals Corp
Basic Materials
|
Added | 9,936,183 | $41,135,797 | 2.85% | |
| HSLV |
Highlander Silver Corp.
Basic Materials
|
NEW | 5,171,822 | $30,410,313 | 2.11% |