Glenorchy Capital Ltd
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Glenorchy Capital Ltd reported 63 stock positions worth $121.4 million. Its top holding was Sprott Uranium Miners ETF (URNM) at 8.9% of the portfolio, followed by Tidewater (TDW, 6.2%) and Wisdomtree Japan Hedged Eq (DXJ, 4.3%). Compared with Q4 2023, it added to 47 and reduced 14. The biggest buy was Banco Macro SA-ADR (BMA, shares +2%) and the biggest sale Sprott Uranium Miners ETF (URNM, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- BOOROLITE, C3
- CIK
- 0002008506
- Portfolio Value
- $121.4M (Q1 2024)
- SEC Filing
- 0001085146-24-002585 ↗ filed May 15, 2024
Holdings Value
Holdings 63 stocks · $121.4M
| URNM Sprott Uranium Miners ETF | 8.91% | 219,520 | $10.8M | Reduce -2.4% |
| TDW Tidewater Inc. | 6.16% | 81,229 | $7.5M | Reduce -4.3% |
| DXJ Wisdomtree Japan Hedged Eq | 4.26% | 47,711 | $5.2M | Add +0.9% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 3.43% | 210,303 | $4.2M | Reduce -9.1% |
| GREK Global X MSCI Greece ETF | 3.26% | 98,964 | $4.0M | Add +3.9% |
| FRO Frontline PLC | 3.18% | 165,216 | $3.9M | Add +4.4% |
| BMA Banco Macro SA-ADR | 3.14% | 79,133 | $3.8M | Add +2.4% |
| GDX Vaneck Gold Miners ETF | 2.89% | 111,110 | $3.5M | Add +3.0% |
| CEPU Central Puerto-Sponsored ADR | 2.62% | 347,537 | $3.2M | Add +0.0% |
| DHT DHT Holdings Inc. | 2.62% | 276,240 | $3.2M | Add +1.0% |
| TNK Teekay Tankers Ltd. Class A | 2.56% | 53,275 | $3.1M | Reduce -4.5% |
| FTI Technipfmc PLC | 2.54% | 122,911 | $3.1M | Reduce -3.3% |
| STNG Scorpio Tankers Inc. | 2.51% | 42,605 | $3.0M | Reduce -1.2% |
| BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A | 2.50% | 358,013 | $3.0M | Add +0.5% |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 2.31% | 258,929 | $2.8M | Reduce -1.3% |
| INSW International Seaways Inc. | 2.09% | 47,593 | $2.5M | Add +1.7% |
| TEN Tsakos Energy Navigation Ltd. | 2.02% | 96,468 | $2.4M | Add +1.8% |
| GLD SPDR Gold Shares | 1.96% | 11,564 | $2.4M | Add +5.4% |
| ASC Ardmore Shipping Corp. | 1.95% | 144,272 | $2.4M | Reduce -2.3% |
| RIG Transocean Ltd. | 1.79% | 346,329 | $2.2M | Add +11.2% |
| AR Antero Resources Corp. | 1.78% | 74,361 | $2.2M | Reduce -2.2% |
| GEOS Geospace Technologies Corp. | 1.73% | 159,234 | $2.1M | Reduce -3.6% |
| VAL Valaris Ltd. | 1.72% | 27,764 | $2.1M | Add +2.1% |
| PAM Pampa Energia SA-Spon ADR | 1.72% | 48,276 | $2.1M | Add +12.5% |
| RRC Range Resources Corp. | 1.62% | 57,094 | $2.0M | Reduce -3.4% |
| ARCH Arch Resources Inc. | 1.56% | 11,805 | $1.9M | Reduce -1.9% |
| CRESY Cresud S.A.-Spons ADR | 1.43% | 193,936 | $1.7M | Add +3.9% |
| BTU Peabody Energy Corp. | 1.39% | 69,392 | $1.7M | Add +5.9% |
| NTR Nutrien Ltd. | 1.35% | 30,273 | $1.6M | Add +0.2% |
| OII Oceaneering Intl Inc. | 1.35% | 69,925 | $1.6M | Add +0.0% |
| MOS The Mosaic Co. | 1.33% | 49,603 | $1.6M | Add +0.7% |
| COPX Global X Copper Miners ETF | 1.31% | 37,525 | $1.6M | Add +7.4% |
| CNX CNX Resources Corp. | 1.26% | 64,390 | $1.5M | Add +0.7% |
| GIFI Gulf Island Fabrication Inc. | 1.25% | 206,685 | $1.5M | Add +6.5% |
| EQT Eqt Corp. | 1.24% | 40,765 | $1.5M | Add +0.2% |
| SWN Southwestern Energy Co. | 1.23% | 197,708 | $1.5M | Add +0.3% |
| DBB Invesco DB Base Metals Fund | 1.15% | 78,028 | $1.4M | Add +7.7% |
| DO Diamond Offshore Drilling Inc. | 1.11% | 98,935 | $1.3M | Add +4.7% |
| XPRO Expro Group Holdings NV | 0.91% | 55,527 | $1.1M | Add +5.5% |
| TRMD Torm PLC-A | 0.89% | 30,842 | $1.1M | Add +11.4% |
| RES RPC Inc. | 0.83% | 129,547 | $1.0M | Add +1.9% |
| EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP | 0.81% | 11,080 | $984K | Add +16.6% |
| OIS Oil States International Inc. filed as OIL STS INTL INC | 0.72% | 141,746 | $873K | Add +9.9% |
| ECO Okeanis Eco Tankers Corp. | 0.69% | 28,465 | $840K | Add +11.2% |
| ICL Icl Group Ltd. | 0.69% | 155,984 | $839K | Add +8.2% |
| TGS Transportador Gas-ADR SP B | 0.66% | 53,016 | $801K | Add +11.6% |
| NE Noble Corp. PLC | 0.61% | 15,361 | $745K | Reduce -7.7% |
| CRK Comstock Resources Inc. | 0.52% | 68,481 | $636K | Add +28.5% |
| STLA Stellantis NV | 0.42% | 17,943 | $508K | Add +28.4% |
| PBR Petroleo Brasileiro-Spon ADR | 0.41% | 32,690 | $497K | Add +24.7% |
| EC Ecopetrol SA-Sponsored ADR | 0.40% | 41,083 | $486K | Add +44.8% |
| IRS Irsa -SP ADR filed as IRSA INVERSIONES Y REP S A | 0.38% | 49,767 | $466K | Reduce -2.0% |
| LOMA Loma Negra Cia Ind-Spon ADR | 0.38% | 68,237 | $456K | Add +34.2% |
| GGB Gerdau SA -Spon ADR | 0.36% | 98,840 | $437K | Add +72.7% |
| IPI Intrepid Potash Inc. | 0.35% | 20,647 | $431K | Add +29.6% |
| CCU Cia Cervecerias Uni-Spon ADR filed as COMPANIA CERVECERIAS UNIDAS | 0.35% | 35,545 | $426K | Add +36.8% |
| BTI British American Tob-SP ADR | 0.35% | 13,918 | $425K | Add +46.9% |
| CIVI Civitas Resources Inc. | 0.33% | 5,273 | $400K | Add +47.5% |
| LND Brasilagro-Cia Bra - SPN ADR | 0.29% | 70,968 | $353K | Add +54.6% |
| MNDO Mind Cti Ltd. | 0.28% | 182,065 | $345K | Add +54.9% |
| QIWI Qiwi PLC-Sponsored ADR | 0.05% | 24,278 | $62K | No change |
| URG Ur-Energy Inc. | 0.03% | 22,073 | $35K | Add +79.3% |
| DNN Denison Mines Corp. | 0.02% | 14,308 | $28K | No change |
Options reported separately and not counted above: SPY puts ($151.4M), VAL calls ($8.4M), OXY calls ($1.6M), GLD calls ($843K), DO calls ($112K).
Portfolio Sells Q4 2023 → Q1 2024
| URNM Sprott Uranium Miners ETF | Reduce -2.4% | 8.91% | −1.26 |
| ARCH Arch Resources Inc. | Reduce -1.9% | 1.56% | −0.31 |
| YPF YPF S.A.-Sponsored ADR | Reduce -9.1% | 3.43% | −0.30 |
| GEOS Geospace Technologies Corp. | Reduce -3.6% | 1.73% | −0.28 |
| HOS Hornbeck Offshore Services I | Reduce -1.3% | 2.31% | −0.21 |
| NE Noble Corp. PLC | Reduce -7.7% | 0.61% | −0.14 |
| RRC Range Resources Corp. | Reduce -3.4% | 1.62% | −0.07 |
| TNK Teekay Tankers Ltd. Class A | Reduce -4.5% | 2.56% | −0.05 |
| IRS Irsa -SP ADR | Reduce -2.0% | 0.38% | −0.03 |
| ASC Ardmore Shipping Corp. | Reduce -2.3% | 1.95% | +0.00 |
| STNG Scorpio Tankers Inc. | Reduce -1.2% | 2.51% | +0.05 |
| FTI Technipfmc PLC | Reduce -3.3% | 2.54% | +0.14 |
| AR Antero Resources Corp. | Reduce -2.2% | 1.78% | +0.16 |
| TDW Tidewater Inc. | Reduce -4.3% | 6.16% | +0.42 |
Portfolio Buys Q4 2023 → Q1 2024
| BMA Banco Macro SA-ADR | Add +2.4% | 3.14% | +1.06 |
| BBAR Bbva Argentina SA-ADR | Add +0.5% | 2.50% | +0.69 |
| GIFI Gulf Island Fabrication Inc. | Add +6.5% | 1.25% | +0.46 |
| DXJ Wisdomtree Japan Hedged Eq | Add +0.9% | 4.26% | +0.36 |
| FRO Frontline PLC | Add +4.4% | 3.18% | +0.21 |
| XPRO Expro Group Holdings NV | Add +5.5% | 0.91% | +0.13 |
| EXE Expand Energy Corp. | Add +16.6% | 0.81% | +0.13 |
| STLA Stellantis NV | Add +28.4% | 0.42% | +0.11 |
| DHT DHT Holdings Inc. | Add +1.0% | 2.62% | +0.10 |
| CIVI Civitas Resources Inc. | Add +47.5% | 0.33% | +0.10 |
| GGB Gerdau SA -Spon ADR | Add +72.7% | 0.36% | +0.10 |
| TRMD Torm PLC-A | Add +11.4% | 0.89% | +0.10 |
| INSW International Seaways Inc. | Add +1.7% | 2.09% | +0.09 |
| BTI British American Tob-SP ADR | Add +46.9% | 0.35% | +0.09 |
| EC Ecopetrol SA-Sponsored ADR | Add +44.8% | 0.40% | +0.08 |
| COPX Global X Copper Miners ETF | Add +7.4% | 1.31% | +0.08 |
| CRK Comstock Resources Inc. | Add +28.5% | 0.52% | +0.08 |
| MNDO Mind Cti Ltd. | Add +54.9% | 0.28% | +0.07 |
| LND Brasilagro-Cia Bra - SPN ADR | Add +54.6% | 0.29% | +0.06 |
| CNX CNX Resources Corp. | Add +0.7% | 1.26% | +0.06 |
| ECO Okeanis Eco Tankers Corp. | Add +11.2% | 0.69% | +0.06 |
| CCU Cia Cervecerias Uni-Spon ADR | Add +36.8% | 0.35% | +0.05 |
| TEN Tsakos Energy Navigation Ltd. | Add +1.8% | 2.02% | +0.04 |
| LOMA Loma Negra Cia Ind-Spon ADR | Add +34.2% | 0.38% | +0.04 |
| SWN Southwestern Energy Co. | Add +0.3% | 1.23% | +0.03 |
| PBR Petroleo Brasileiro-Spon ADR | Add +24.7% | 0.41% | +0.02 |
| ICL Icl Group Ltd. | Add +8.2% | 0.69% | +0.01 |
| URG Ur-Energy Inc. | Add +79.3% | 0.03% | +0.01 |
| IPI Intrepid Potash Inc. | Add +29.6% | 0.35% | −0.00 |
| GLD SPDR Gold Shares | Add +5.4% | 1.96% | −0.01 |
| TGS Transportador Gas-ADR SP B | Add +11.6% | 0.66% | −0.01 |
| VAL Valaris Ltd. | Add +2.1% | 1.72% | −0.03 |
| DO Diamond Offshore Drilling Inc. | Add +4.7% | 1.11% | −0.04 |
| RES RPC Inc. | Add +1.9% | 0.83% | −0.04 |
| OII Oceaneering Intl Inc. | Add +0.0% | 1.35% | −0.05 |
| GREK Global X MSCI Greece ETF | Add +3.9% | 3.26% | −0.05 |
| RIG Transocean Ltd. | Add +11.2% | 1.79% | −0.06 |
| DBB Invesco DB Base Metals Fund | Add +7.7% | 1.15% | −0.09 |
| OIS Oil States International Inc. | Add +9.9% | 0.72% | −0.10 |
| BTU Peabody Energy Corp. | Add +5.9% | 1.39% | −0.11 |
| EQT Eqt Corp. | Add +0.2% | 1.24% | −0.23 |
| CRESY Cresud S.A.-Spons ADR | Add +3.9% | 1.43% | −0.23 |
| NTR Nutrien Ltd. | Add +0.2% | 1.35% | −0.24 |
| GDX Vaneck Gold Miners ETF | Add +3.0% | 2.89% | −0.24 |
| PAM Pampa Energia SA-Spon ADR | Add +12.5% | 1.72% | −0.28 |
| MOS The Mosaic Co. | Add +0.7% | 1.33% | −0.32 |
| CEPU Central Puerto-Sponsored ADR | Add +0.0% | 2.62% | −0.34 |
Options Activity Q4 2023 → Q1 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -4.8% | 289,500 | $151.4M |
| VAL Valaris Ltd. | call | Add +56.8% | 111,000 | $8.4M |
| GLD SPDR Gold Shares | call | Add +241.7% | 4,100 | $843K |
| OIH Vaneck Oil Services ETF | call | Sold out | 300 | $93Kbefore exit |
| NBR Nabors Industries Ltd. | call | Sold out | 600 | $49Kbefore exit |
| FCG First Trust Natural Gas ETF | call | Sold out | 800 | $19Kbefore exit |
| PLUG Plug Power Inc. | call | Sold out | 2,000 | $9Kbefore exit |
| MTTR Matterport Inc. | call | Sold out | 1,000 | $3Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 59 | $160.2M | EWZ, GDX, FRO, ECH, ECNS |
| Q1 2026 | 62 | $185.0M | EWZ, GDX, FRO, ECNS, ECH |
| Q4 2025 | 59 | $153.8M | GDX, GREK, EWZ, KWEB, ECNS |
| Q3 2025 | 58 | $137.8M | KWEB, GDX, GREK, EWZ, ECNS |
| Q2 2025 | 57 | $135.8M | URNM, GREK, KWEB, GDX, CRK |
| Q1 2025Amended | 58 | $134.2M | KWEB, URNM, GREK, GDX, PAM |
| Q4 2024 | 59 | $139.5M | URNM, KWEB, PAM, BBAR, YPF |
| Q3 2024 | 62 | $133.0M | URNM, GREK, GDX, PAM, DXJ |
| Q2 2024 | 61 | $135.8M | URNM, TDW, DXJ, GREK, BMA |
| Q1 2024 | 63 | $121.4M | URNM, TDW, DXJ, YPF, GREK |