Acasta Partners UK LLP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Acasta Partners UK LLP reported 10 stock positions worth $20.0 million. Its top holding was Ishr Ibx Usd Hiyld CB ETF-Ui (HYG) at 40.4% of the portfolio, followed by Hudbay Minerals (HBM, 10.7%) and Cameco (CCJ, 10.6%). Compared with Q4 2025, it opened 2 new positions, sold out of 1, added to 6 and reduced 2. The biggest buy was Ishr Ibx Usd Hiyld CB ETF-Ui (HYG, shares +63%) and the biggest sale Freeport-McMoran (FCX, shares −90%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0002090007
- Portfolio Value
- $20.0M (Q1 2026)
- SEC Filing
- 0002090007-26-000004 ↗ filed May 14, 2026
Holdings Value
Holdings 10 stocks · $20.0M
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 40.44% | 101,737 | $8.1M | Add +63.5% |
| HBM Hudbay Minerals Inc. | 10.74% | 102,700 | $2.1M | Add +12.0% |
| CCJ Cameco Corp. | 10.58% | 19,515 | $2.1M | Add +21.9% |
| SSRM SSR Mining Inc. | 9.40% | 64,000 | $1.9M | New |
| B Barrick Mining Corp. | 8.26% | 40,538 | $1.7M | Reduce -50.0% |
| TECK Teck Resources Ltd.-CLS B | 5.45% | 21,068 | $1.1M | Add +16.6% |
| ISOU Isoenergy Ltd. | 4.23% | 80,000 | $847K | New |
| UEC Uranium Energy Corp. | 4.05% | 60,000 | $810K | Add +39.5% |
| NXE Nexgen Energy Ltd. | 3.88% | 67,000 | $777K | Add +59.5% |
| FCX Freeport-McMoran Inc. | 2.97% | 10,099 | $594K | Reduce -90.0% |
Options reported separately and not counted above: DSX.WS calls ($50K), CORZW calls ($9).
Other holdings (9): bonds, preferreds, convertibles and warrants · $242.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | NOTE 0.500% 6/0 · principal | 96,000,000 | $133.3M | No change |
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | 32,709,000 | $31.6M | No change |
| MCEWEN INC (MUX 5.25 08/15/30) | NOTE 5.250% 8/1 · principal | 10,000,000 | $21.1M | New |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 20,500,000 | $20.5M | No change |
| RAMACO RESOURCES INC (METC 0 11/01/31) | NOTE 11/0 · principal | 20,000,000 | $15.3M | No change |
| SILVERCORP METALS INC | NOTE 4.750%12/1 · principal | 4,000,000 | $10.3M | Reduce -27.3% |
| CELCUITY INC (CELC 2.75 08/01/31) | NOTE 2.750% 8/0 · principal | 4,000,000 | $9.8M | Reduce -27.9% |
| COGENT BIOSCIENCES INC (COGT 1.625 11/15/31) | NOTE 1.625%11/1 · principal | 500,000 | $610K | No change |
| ARROWHEAD RESEARCH CORP (ARWR 0 01/15/32) | NOTE 1/1 · principal | 400,000 | $415K | New |
Total filed on the 13F, all lines: $262.9M.
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +63.5% | 40.44% | +14.77 |
| SSRM SSR Mining Inc. | New | 9.40% | +9.40 |
| ISOU Isoenergy Ltd. | New | 4.23% | +4.23 |
| CCJ Cameco Corp. | Add +21.9% | 10.58% | +3.08 |
| NXE Nexgen Energy Ltd. | Add +59.5% | 3.88% | +1.91 |
| UEC Uranium Energy Corp. | Add +39.5% | 4.05% | +1.48 |
| HBM Hudbay Minerals Inc. | Add +12.0% | 10.74% | +1.42 |
| TECK Teck Resources Ltd.-CLS B | Add +16.6% | 5.45% | +1.02 |
Notes & Other Activity Q4 2025 → Q1 2026
| MCEWEN INC (MUX 5.25 08/15/30) | NOTE 5.250% 8/1 · principal | New | 10,000,000 | $21.1M |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | Sold out | 21,255,000 | $20.9Mbefore exit |
| SILVERCORP METALS INC | NOTE 4.750%12/1 · principal | Reduce -27.3% | 4,000,000 | $10.3M |
| CELCUITY INC (CELC 2.75 08/01/31) | NOTE 2.750% 8/0 · principal | Reduce -27.9% | 4,000,000 | $9.8M |
| ARROWHEAD RESEARCH CORP (ARWR 0 01/15/32) | NOTE 1/1 · principal | New | 400,000 | $415K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.