GMT Capital Corp

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), GMT Capital Corp reported 72 stock positions worth $2.5 billion. Its top holding was Hudbay Minerals (HBM) at 13.6% of the portfolio, followed by Delta Air Lines (DAL, 13.3%) and Travel + Leisure (TNL, 6.4%). Compared with Q2 2024, it opened 11 new positions, sold out of 7, added to 5 and reduced 22. The biggest buy was a new position in Alamos Gold Class A (AGI) and the biggest sale Hudbay Minerals (HBM, shares −4%).

Most Recent 13F
Q2 2026
Location
ATLANTA, GA
CIK
0001106191
Portfolio Value
$2.5B (Q3 2024)
SEC Filing
0001420506-24-002465 ↗ filed Nov 14, 2024

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $2.5B Q1 2024 Q2 2024: $2.7B Q2 2024 Q3 2024: $2.5B $2.5B Q3 2024 Q4 2024: $2.1B Q4 2024 Q1 2025: $1.9B Q1 2025 Q2 2025: $2.4B Q2 2025 Q3 2025: $2.2B Q3 2025 Q4 2025: $1.9B Q4 2025 Q1 2026: $2.2B Q1 2026 Q2 2026: $1.9B Q2 2026

Holdings 72 stocks · $2.5B
HBM Hudbay Minerals Inc. 13.61% 37,024,120 $340.9M Reduce -4.5%
DAL Delta Air Lines Inc. 13.33% 6,577,800 $334.1M Reduce -1.2%
TNL Travel + Leisure Co. 6.38% 3,467,841 $159.8M Reduce -7.8%
ERO Ero Copper Corp. 5.46% 6,133,867 $136.7M Reduce -15.0%
CE Celanese Corp. 5.21% 959,353 $130.4M Reduce -7.3%
BABA Alibaba Group Holding-SP ADR 4.96% 1,170,700 $124.2M Reduce -7.0%
BBWI Bath & Body Works Inc. 4.93% 3,873,000 $123.6M Add +4.5%
UBER Uber Technologies Inc. 4.06% 1,352,900 $101.7M Reduce -13.0%
SSNC Ss&c Technologies Holdings 4.00% 1,351,900 $100.3M Reduce -2.3%
UAL United Airlines Holdings Inc. 3.66% 1,607,700 $91.7M Reduce -4.0%
AGI Alamos Gold Inc. Class A 3.57% 4,485,257 $89.5M New
RPRX Royalty Pharma PLC Class A 3.50% 3,097,500 $87.6M Add +27.6%
GOOG Alphabet Inc. Class C 3.41% 510,800 $85.4M Reduce -15.1%
WCC Wesco International Inc. 2.65% 394,600 $66.3M Reduce -38.2%
VRN Veren Inc. 2.51% 10,187,056 $62.8M Reduce -2.5%
KD Kyndryl Holdings Inc. 2.34% 2,554,660 $58.7M Add +43.3%
LNTH Lantheus Holdings Inc. 1.79% 409,700 $45.0M Reduce -26.8%
GOOGL Alphabet Inc. Class A 1.76% 266,440 $44.2M No change
BIDU Baidu Inc. - Spon ADR 1.59% 379,227 $39.9M Reduce -5.3%
ITUB Itau Unibanco H-Spon PRF ADR 1.24% 4,691,100 $31.2M Reduce -7.7%
SIG Signet Jewelers Ltd. 1.24% 302,400 $31.2M Reduce -10.6%
FXI iShares China Large-Cap ETF 0.96% 757,700 $24.1M Reduce -63.4%
JAZZ Jazz Pharmaceuticals PLC 0.94% 212,000 $23.6M New
AGRO Adecoagro SA 0.75% 1,690,683 $18.7M Add +192.0%
TSM Taiwan Semiconductor-SP ADR 0.66% 95,100 $16.5M Reduce -20.9%
NAMS Newamsterdam Pharma Co. NV 0.55% 829,036 $13.8M Reduce -7.0%
ANNX Annexon Inc. 0.45% 1,908,366 $11.3M Reduce -35.1%
CMPS Compass Pathways PLC 0.39% 1,547,800 $9.8M New
CFLT Confluent Inc. Class A 0.35% 425,100 $8.7M No change
RBLX Roblox Corp. Class A 0.27% 150,400 $6.7M No change
BYND Beyond Meat Inc. 0.25% 906,000 $6.1M Add +150.8%
MDB Mongodb Inc. 0.23% 21,000 $5.7M No change
ROOT Root Inc./Oh Class A 0.23% 149,316 $5.6M New
GTE Gran Tierra Energy Inc. 0.22% 863,751 $5.5M Reduce -13.7%
OKTA Okta Inc. 0.22% 73,000 $5.4M No change
UA Under Armour Inc. Class C 0.21% 617,898 $5.2M No change
KODK Eastman Kodak Co. 0.18% 981,400 $4.6M No change
FSLY Fastly Inc. Class A 0.18% 598,800 $4.5M No change
UAA Under Armour Inc. Class A 0.15% 435,780 $3.9M No change
CLOV Clover Health Investments Co. 0.15% 1,305,200 $3.7M No change
EA Electronic Arts Inc. 0.13% 23,320 $3.3M No change
PDD PDD Holdings Inc. 0.13% 23,400 $3.2M New
AMSC American Superconductor Corp. 0.10% 108,066 $2.6M No change
OCGN Ocugen Inc. 0.10% 2,454,958 $2.4M New
CLNE Clean Energy Fuels Corp. 0.10% 767,758 $2.4M No change
LBRT Liberty Energy Inc. 0.08% 110,974 $2.1M No change
IART Integra Lifesciences Holding 0.08% 2,000,000 $2.0M New
XPEV Xpeng Inc. - ADR 0.08% 155,700 $1.9M New
ZIM Zim Integrated Shipping Serv 0.08% 73,400 $1.9M No change
CHPT Chargepoint Holdings Inc. 0.07% 1,257,600 $1.7M No change
U Unity Software Inc. 0.07% 73,100 $1.7M No change
IRBTQ Irobot Corp. 0.06% 167,800 $1.5M No change
JOBY Joby Aviation Inc. 0.05% 262,000 $1.3M No change
OBE Obsidian Energy Ltd. 0.04% 180,008 $997K No change
OM Outset Medical Inc. 0.04% 1,471,706 $996K No change
SMCI Super Micro Computer Inc. 0.03% 2,100 $874K New
OPTINOSE INC 0.03% 1,110,702 $744K No change
INO Inovio Pharmaceuticals Inc. 0.03% 126,121 $729K New
SPCE Virgin Galactic Holdings Inc. 0.03% 119,193 $727K New
GOTU Gaotu Techedu Inc. 0.03% 177,900 $697K No change
PGEN Precigen Inc. 0.03% 668,830 $633K No change
CIEN Ciena Corp. 0.02% 9,410 $580K No change
EVGO Evgo Inc. 0.02% 126,403 $523K No change
MRVL Marvell Technology Inc. 0.02% 5,600 $404K No change
STXS Stereotaxis Inc. 0.01% 126,581 $258K No change
SENS Senseonics Holdings Inc. 0.01% 729,377 $255K No change
TD Toronto-Dominion Bank 0.01% 3,960 $251K No change
BNGO Bionano Genomics Inc. 0.01% 530,260 $241K No change
TDW Tidewater Inc. 0.01% 3,140 $225K No change
CAN Canaan Inc. 0.00% 98,400 $99K No change
AWRE Aware Inc. 0.00% 24,600 $46K No change
BTE Baytex Energy Corp. 0.00% 10,500 $31K Reduce -98.9%

Portfolio Sells Q2 2024 → Q3 2024
HBM Hudbay Minerals Inc. Reduce -4.5% 13.61% −4.13
ERO Ero Copper Corp. Reduce -15.0% 5.46% −2.35
VRN Veren Inc. Reduce -2.5% 2.51% −1.66
WCC Wesco International Inc. Reduce -38.2% 2.65% −1.09
FXI iShares China Large-Cap ETF Reduce -63.4% 0.96% −1.03
GOOG Alphabet Inc. Class C Reduce -15.1% 3.41% −0.67
NEM Newmont Corp. Sold out 0.00% −0.37
META Meta Platforms Inc. Class A Sold out 0.00% −0.33
GTX Garrett Motion Inc. Sold out 0.00% −0.33
GTE Gran Tierra Energy Inc. Reduce -13.7% 0.22% −0.27
EMBJ Embraer SA-Spon ADR Sold out 0.00% −0.24
RCKT Rocket Pharmaceuticals Inc. Sold out 0.00% −0.15
BTE Baytex Energy Corp. Reduce -98.9% 0.00% −0.12
UBER Uber Technologies Inc. Reduce -13.0% 4.06% −0.12
TSM Taiwan Semiconductor-SP ADR Reduce -20.9% 0.66% −0.11
NAMS Newamsterdam Pharma Co. NV Reduce -7.0% 0.55% −0.08
ANNX Annexon Inc. Reduce -35.1% 0.45% −0.08
ONC Beone Medicines Ltd.-ADR Sold out 0.00% −0.07
SKE Skeena Resources Ltd. Sold out 0.00% −0.01
CE Celanese Corp. Reduce -7.3% 5.21% +0.05
SIG Signet Jewelers Ltd. Reduce -10.6% 1.24% +0.13
TNL Travel + Leisure Co. Reduce -7.8% 6.38% +0.13
LNTH Lantheus Holdings Inc. Reduce -26.8% 1.79% +0.13
ITUB Itau Unibanco H-Spon PRF ADR Reduce -7.7% 1.24% +0.15
BIDU Baidu Inc. - Spon ADR Reduce -5.3% 1.59% +0.31
UAL United Airlines Holdings Inc. Reduce -4.0% 3.66% +0.65
SSNC Ss&c Technologies Holdings Reduce -2.3% 4.00% +0.80
BABA Alibaba Group Holding-SP ADR Reduce -7.0% 4.96% +1.61
DAL Delta Air Lines Inc. Reduce -1.2% 13.33% +1.66

Portfolio Buys Q2 2024 → Q3 2024
AGI Alamos Gold Inc. Class A New 3.57% +3.57
RPRX Royalty Pharma PLC Class A Add +27.6% 3.50% +1.13
JAZZ Jazz Pharmaceuticals PLC New 0.94% +0.94
KD Kyndryl Holdings Inc. Add +43.3% 2.34% +0.61
AGRO Adecoagro SA Add +192.0% 0.75% +0.54
CMPS Compass Pathways PLC New 0.39% +0.39
ROOT Root Inc./Oh Class A New 0.23% +0.23
BYND Beyond Meat Inc. Add +150.8% 0.25% +0.16
PDD PDD Holdings Inc. New 0.13% +0.13
OCGN Ocugen Inc. New 0.10% +0.10
IART Integra Lifesciences Holding New 0.08% +0.08
XPEV Xpeng Inc. - ADR New 0.08% +0.08
SMCI Super Micro Computer Inc. New 0.03% +0.03
INO Inovio Pharmaceuticals Inc. New 0.03% +0.03
SPCE Virgin Galactic Holdings Inc. New 0.03% +0.03
BBWI Bath & Body Works Inc. Add +4.5% 4.93% −0.41

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 68$1.9BHBM, DAL, JAZZ, UAL, GOOG
Q1 2026 77$2.2BHBM, DAL, JAZZ, ERO, UAL
Q4 2025 38$1.9BHBM, DAL, ERO, JAZZ, UAL
Q3 2025 68$2.2BHBM, DAL, ERO, CBRL, UAL
Q2 2025 71$2.4BHBM, DAL, CBRL, KD, TNL
Q1 2025 69$1.9BDAL, KD, TNL, BBWI, BABA
Q4 2024 56$2.1BDAL, HBM, BBWI, TNL, KD
Q3 2024 72$2.5BHBM, DAL, TNL, ERO, CE
Q2 2024 68$2.7BHBM, DAL, ERO, TNL, BBWI
Q1 2024 53$2.5BDAL, HBM, TNL, CE, BBWI