Glenorchy Capital Ltd
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 30, 2024), Glenorchy Capital Ltd reported 61 stock positions worth $135.8 million. Its top holding was Sprott Uranium Miners ETF (URNM) at 8.5% of the portfolio, followed by Tidewater (TDW, 5.6%) and Wisdomtree Japan Hedged Eq (DXJ, 4.6%). Compared with Q1 2024, it opened 2 new positions, sold out of 4, added to 53 and reduced 4. The biggest buy was Ardmore Shipping (ASC, shares +5%) and the biggest sale an exit from RPC (RES).
- Most Recent 13F
- Q2 2026
- Location
- BOOROLITE, C3
- CIK
- 0002008506
- Portfolio Value
- $135.8M (Q2 2024)
- SEC Filing
- 0001085146-24-003317 ↗ filed Jul 30, 2024
Holdings Value
Holdings 61 stocks · $135.8M
| URNM Sprott Uranium Miners ETF | 8.51% | 234,777 | $11.6M | Add +7.0% |
| TDW Tidewater Inc. | 5.62% | 80,214 | $7.6M | Reduce -1.3% |
| DXJ Wisdomtree Japan Hedged Eq | 4.63% | 55,771 | $6.3M | Add +16.9% |
| GREK Global X MSCI Greece ETF | 3.61% | 123,192 | $4.9M | Add +24.5% |
| BMA Banco Macro SA-ADR | 3.45% | 81,861 | $4.7M | Add +3.5% |
| FRO Frontline PLC | 3.34% | 175,898 | $4.5M | Add +6.5% |
| GDX Vaneck Gold Miners ETF | 3.12% | 125,008 | $4.2M | Add +12.5% |
| TNK Teekay Tankers Ltd. Class A | 2.79% | 55,031 | $3.8M | Add +3.3% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 2.74% | 184,777 | $3.7M | Reduce -12.1% |
| BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A | 2.61% | 383,723 | $3.5M | Add +7.2% |
| STNG Scorpio Tankers Inc. | 2.58% | 43,123 | $3.5M | Add +1.2% |
| ASC Ardmore Shipping Corp. | 2.52% | 151,899 | $3.4M | Add +5.3% |
| DHT DHT Holdings Inc. | 2.52% | 295,344 | $3.4M | Add +6.9% |
| FTI Technipfmc PLC | 2.50% | 129,874 | $3.4M | Add +5.7% |
| CEPU Central Puerto-Sponsored ADR | 2.46% | 368,144 | $3.3M | Add +5.9% |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 2.38% | 271,280 | $3.2M | Add +4.8% |
| TEN Tsakos Energy Navigation Ltd. | 2.25% | 104,309 | $3.1M | Add +8.1% |
| INSW International Seaways Inc. | 2.23% | 51,254 | $3.0M | Add +7.7% |
| GLD SPDR Gold Shares | 2.19% | 13,867 | $3.0M | Add +19.9% |
| AR Antero Resources Corp. | 1.89% | 78,648 | $2.6M | Add +5.8% |
| PAM Pampa Energia SA-Spon ADR | 1.81% | 55,506 | $2.5M | Add +15.0% |
| RIG Transocean Ltd. | 1.72% | 437,464 | $2.3M | Add +26.3% |
| VAL Valaris Ltd. | 1.65% | 30,004 | $2.2M | Add +8.1% |
| COPX Global X Copper Miners ETF | 1.54% | 46,387 | $2.1M | Add +23.6% |
| RRC Range Resources Corp. | 1.51% | 61,122 | $2.0M | Add +7.1% |
| DBB Invesco DB Base Metals Fund | 1.47% | 98,915 | $2.0M | Add +26.8% |
| ARCH Arch Resources Inc. | 1.44% | 12,878 | $2.0M | Add +9.1% |
| BTU Peabody Energy Corp. | 1.37% | 84,359 | $1.9M | Add +21.6% |
| OII Oceaneering Intl Inc. | 1.37% | 78,837 | $1.9M | Add +12.8% |
| NTR Nutrien Ltd. | 1.35% | 35,982 | $1.8M | Add +18.9% |
| CNX CNX Resources Corp. | 1.31% | 73,362 | $1.8M | Add +13.9% |
| CRESY Cresud S.A.-Spons ADR | 1.30% | 214,135 | $1.8M | Add +10.4% |
| MOS The Mosaic Co. | 1.27% | 59,899 | $1.7M | Add +20.8% |
| DO Diamond Offshore Drilling Inc. | 1.27% | 111,459 | $1.7M | Add +12.7% |
| EQT Eqt Corp. | 1.23% | 45,147 | $1.7M | Add +10.8% |
| GEOS Geospace Technologies Corp. | 1.20% | 181,393 | $1.6M | Add +13.9% |
| XPRO Expro Group Holdings NV | 1.12% | 66,668 | $1.5M | Add +20.1% |
| SWN Southwestern Energy Co. | 1.10% | 222,990 | $1.5M | Add +12.8% |
| GIFI Gulf Island Fabrication Inc. | 1.07% | 239,383 | $1.5M | Add +15.8% |
| EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP | 0.94% | 15,494 | $1.3M | Add +39.8% |
| TRMD Torm PLC-A | 0.87% | 30,366 | $1.2M | Reduce -1.5% |
| CRK Comstock Resources Inc. | 0.79% | 103,483 | $1.1M | Add +51.1% |
| TGS Transportador Gas-ADR SP B | 0.78% | 55,955 | $1.1M | Add +5.5% |
| ECO Okeanis Eco Tankers Corp. | 0.67% | 28,473 | $909K | Add +0.0% |
| ICL Icl Group Ltd. | 0.63% | 201,249 | $861K | Add +29.0% |
| IPI Intrepid Potash Inc. | 0.55% | 31,789 | $745K | Add +54.0% |
| NE Noble Corp. PLC | 0.47% | 14,307 | $639K | Reduce -6.9% |
| IVV iShares Core S&P 500 ETF | 0.45% | 1,118 | $612K | New |
| IRS Irsa -SP ADR filed as IRSA INVERSIONES Y REP S A | 0.44% | 66,351 | $595K | Add +33.3% |
| PBR Petroleo Brasileiro-Spon ADR | 0.43% | 39,985 | $579K | Add +22.3% |
| LOMA Loma Negra Cia Ind-Spon ADR | 0.39% | 77,574 | $524K | Add +13.7% |
| CIVI Civitas Resources Inc. | 0.38% | 7,548 | $521K | Add +43.1% |
| EC Ecopetrol SA-Sponsored ADR | 0.38% | 45,999 | $515K | Add +12.0% |
| BTI British American Tob-SP ADR | 0.38% | 16,493 | $510K | Add +18.5% |
| SBLK Star Bulk Carriers Corp. | 0.36% | 20,331 | $496K | New |
| LND Brasilagro-Cia Bra - SPN ADR | 0.32% | 95,423 | $439K | Add +34.5% |
| MNDO Mind Cti Ltd. | 0.31% | 229,239 | $426K | Add +25.9% |
| STLA Stellantis NV | 0.31% | 21,114 | $419K | Add +17.7% |
| QIWI Qiwi PLC-Sponsored ADR | 0.04% | 24,278 | $57K | No change |
| URG Ur-Energy Inc. | 0.03% | 33,256 | $47K | Add +50.7% |
| DNN Denison Mines Corp. | 0.02% | 14,308 | $29K | No change |
Options reported separately and not counted above: SPY puts ($163.9M), TDW calls ($13.3M), VAL calls ($8.3M), GLD calls ($882K), DO calls ($135K), DSX calls ($32K), NE calls ($13K).
Portfolio Sells Q1 2024 → Q2 2024
| RES RPC Inc. | Sold out | 0.00% | −0.83 |
| OIS Oil States International Inc. | Sold out | 0.00% | −0.72 |
| YPF YPF S.A.-Sponsored ADR | Reduce -12.1% | 2.74% | −0.69 |
| TDW Tidewater Inc. | Reduce -1.3% | 5.62% | −0.53 |
| GGB Gerdau SA -Spon ADR | Sold out | 0.00% | −0.36 |
| CCU Cia Cervecerias Uni-Spon ADR | Sold out | 0.00% | −0.35 |
| NE Noble Corp. PLC | Reduce -6.9% | 0.47% | −0.14 |
| TRMD Torm PLC-A | Reduce -1.5% | 0.87% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| ASC Ardmore Shipping Corp. | Add +5.3% | 2.52% | +0.57 |
| IVV iShares Core S&P 500 ETF | New | 0.45% | +0.45 |
| DXJ Wisdomtree Japan Hedged Eq | Add +16.9% | 4.63% | +0.37 |
| SBLK Star Bulk Carriers Corp. | New | 0.36% | +0.36 |
| GREK Global X MSCI Greece ETF | Add +24.5% | 3.61% | +0.34 |
| BMA Banco Macro SA-ADR | Add +3.5% | 3.45% | +0.31 |
| DBB Invesco DB Base Metals Fund | Add +26.8% | 1.47% | +0.31 |
| CRK Comstock Resources Inc. | Add +51.1% | 0.79% | +0.27 |
| GLD SPDR Gold Shares | Add +19.9% | 2.19% | +0.24 |
| TEN Tsakos Energy Navigation Ltd. | Add +8.1% | 2.25% | +0.23 |
| COPX Global X Copper Miners ETF | Add +23.6% | 1.54% | +0.23 |
| GDX Vaneck Gold Miners ETF | Add +12.5% | 3.12% | +0.23 |
| TNK Teekay Tankers Ltd. Class A | Add +3.3% | 2.79% | +0.22 |
| XPRO Expro Group Holdings NV | Add +20.1% | 1.12% | +0.21 |
| IPI Intrepid Potash Inc. | Add +54.0% | 0.55% | +0.19 |
| DO Diamond Offshore Drilling Inc. | Add +12.7% | 1.27% | +0.16 |
| FRO Frontline PLC | Add +6.5% | 3.34% | +0.15 |
| INSW International Seaways Inc. | Add +7.7% | 2.23% | +0.15 |
| EXE Expand Energy Corp. | Add +39.8% | 0.94% | +0.13 |
| TGS Transportador Gas-ADR SP B | Add +5.5% | 0.78% | +0.12 |
| AR Antero Resources Corp. | Add +5.8% | 1.89% | +0.11 |
| BBAR Bbva Argentina SA-ADR | Add +7.2% | 2.61% | +0.11 |
| PAM Pampa Energia SA-Spon ADR | Add +15.0% | 1.81% | +0.09 |
| HOS Hornbeck Offshore Services I | Add +4.8% | 2.38% | +0.07 |
| STNG Scorpio Tankers Inc. | Add +1.2% | 2.58% | +0.07 |
| CNX CNX Resources Corp. | Add +13.9% | 1.31% | +0.05 |
| IRS Irsa -SP ADR | Add +33.3% | 0.44% | +0.05 |
| CIVI Civitas Resources Inc. | Add +43.1% | 0.38% | +0.05 |
| LND Brasilagro-Cia Bra - SPN ADR | Add +34.5% | 0.32% | +0.03 |
| MNDO Mind Cti Ltd. | Add +25.9% | 0.31% | +0.03 |
| BTI British American Tob-SP ADR | Add +18.5% | 0.38% | +0.03 |
| OII Oceaneering Intl Inc. | Add +12.8% | 1.37% | +0.03 |
| PBR Petroleo Brasileiro-Spon ADR | Add +22.3% | 0.43% | +0.02 |
| LOMA Loma Negra Cia Ind-Spon ADR | Add +13.7% | 0.39% | +0.01 |
| URG Ur-Energy Inc. | Add +50.7% | 0.03% | +0.01 |
| NTR Nutrien Ltd. | Add +18.9% | 1.35% | −0.01 |
| BTU Peabody Energy Corp. | Add +21.6% | 1.37% | −0.01 |
| EQT Eqt Corp. | Add +10.8% | 1.23% | −0.02 |
| EC Ecopetrol SA-Sponsored ADR | Add +12.0% | 0.38% | −0.02 |
| ECO Okeanis Eco Tankers Corp. | Add +0.0% | 0.67% | −0.02 |
| FTI Technipfmc PLC | Add +5.7% | 2.50% | −0.04 |
| MOS The Mosaic Co. | Add +20.8% | 1.27% | −0.05 |
| ICL Icl Group Ltd. | Add +29.0% | 0.63% | −0.06 |
| RIG Transocean Ltd. | Add +26.3% | 1.72% | −0.07 |
| VAL Valaris Ltd. | Add +8.1% | 1.65% | −0.08 |
| DHT DHT Holdings Inc. | Add +6.9% | 2.52% | −0.10 |
| STLA Stellantis NV | Add +17.7% | 0.31% | −0.11 |
| RRC Range Resources Corp. | Add +7.1% | 1.51% | −0.11 |
| ARCH Arch Resources Inc. | Add +9.1% | 1.44% | −0.12 |
| SWN Southwestern Energy Co. | Add +12.8% | 1.10% | −0.13 |
Options Activity Q1 2024 → Q2 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +4.0% | 301,200 | $163.9M |
| TDW Tidewater Inc. | call | New | 140,000 | $13.3M |
| OXY Occidental Petroleum Corp. | call | Sold out | 24,000 | $1.6Mbefore exit |
| DO Diamond Offshore Drilling Inc. | call | Add +6.1% | 8,700 | $135K |
| DSX Diana Shipping Inc. | call | New | 11,200 | $32K |
| NE Noble Corp. PLC | call | New | 300 | $13K |
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 |