Mudita Advisors LLP portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 13, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Mudita Advisors LLP reported a $481M portfolio of 24 positions to the SEC as of the end of Q2 2026. Its largest positions are HGV, ESTA, MGM. During the quarter it exited Expand Energy and Bunge Global.
Sections with a free account
What it reported after the quarter end (Q2 2026)
The 13F shows the portfolio as of Jun 30, 2026. Since then Mudita Advisors LLP has filed these own trades with the SEC (Form 4, when it owns more than 10% of a company or holds a role in it) and stakes above 5% (13D and 13G). It is not everything it did: only what it must report before the next 13F.
- 13G/AMetals Acquisition Corp. IIMTAL8.2 %
Stake reported in the company · event of Sep 30, 2026 · filed Oct 5, 2026 · filing ↗
What changed this quarter
11 positions with a change (4 added to, 3 trimmed, 4 sold). 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Expand Energy−2.8 ppof portfolioSold out2.8% → —
- Bunge Global−2.0 ppof portfolioSold out2.0% → —
- Sasol−1.6 ppof portfolioSold out1.6% → —
- Zoom Communications−1.3 ppof portfolioSold out1.3% → —
- Orla Mining−40%fewer sharesReduced4.3% → 1.6%
- Establishment Labs Holdings−5.4%fewer sharesReduced8.9% → 12.9%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Hilton Grand VacationsHGV30.6%
- Establishment Labs HoldingsESTA12.9%
- MGM Resorts InternationalMGM9.4%
- IamgoldIAG7.8%
- Darling IngredientsDAR4.8%
- Canadian Natural ResourcesCNQ4.4%
- AppianAPPN4.0%
- Trekor MetalsTGB2.9%
- Warrior Met CoalHCC2.9%
- Alamos GoldAGI2.8%
- Core Natural ResourcesCNR2.8%
- Flutter EntertainmentFLUT2.6%
- Black Stone MineralsBSM2.2%
- ORLA MiningORLA1.6%
- Hudbay MineralsHBM1.6%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Consumer Discretionary 43%
- ● Materials 22%
- ● Health Care 14%
- ● Energy 9%
- ● Consumer Staples 5%
- ● Information Technology 4%
- ● Financials 2%
- ● No sector 1%
How its portfolio changed (8 quarters)
Q2 2026: 24
Q2 2026: 83%
Q2 2026: 5.5%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Jun 3, 2026 (high confidence).
The data, as reported: MUDITA MANAGEMENT (CRD 315593): 7.B private funds: 4 hedge, 1 other (gross assets $2.2 bn); 5.D assets by client type: pooled vehicles 96% (of $2.4 bn)
The type comes from a rule applied to that data. If it looks wrong, tell us.
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