GMT Capital Corp
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), GMT Capital Corp reported 56 stock positions worth $2.1 billion. Its top holding was Delta Air Lines (DAL) at 16.1% of the portfolio, followed by Hudbay Minerals (HBM, 13.2%) and Bath & Body Works (BBWI, 6.6%). Compared with Q3 2024, it opened 5 new positions, sold out of 21, added to 6 and reduced 19. The biggest buy was Kyndryl (KD, shares +16%) and the biggest sale an exit from Celanese (CE).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001106191
- Portfolio Value
- $2.1B (Q4 2024)
- SEC Filing
- 0000950123-25-002427 ↗ filed Feb 14, 2025
Holdings Value
Holdings 56 stocks · $2.1B
| DAL Delta Air Lines Inc. | 16.10% | 5,461,600 | $330.4M | Reduce -17.0% |
| HBM Hudbay Minerals Inc. | 13.21% | 33,439,920 | $271.1M | Reduce -9.7% |
| BBWI Bath & Body Works Inc. | 6.58% | 3,482,100 | $135.0M | Reduce -10.1% |
| TNL Travel + Leisure Co. | 6.54% | 2,659,341 | $134.2M | Reduce -23.3% |
| KD Kyndryl Holdings Inc. | 5.01% | 2,973,560 | $102.9M | Add +16.4% |
| UAL United Airlines Holdings Inc. | 4.90% | 1,036,200 | $100.6M | Reduce -35.5% |
| SSNC Ss&c Technologies Holdings | 4.70% | 1,273,800 | $96.5M | Reduce -5.8% |
| GOOG Alphabet Inc. Class C | 4.36% | 470,000 | $89.5M | Reduce -8.0% |
| RPRX Royalty Pharma PLC Class A | 4.06% | 3,267,700 | $83.4M | Add +5.5% |
| ERO Ero Copper Corp. | 3.70% | 5,638,925 | $76.0M | Reduce -8.1% |
| UBER Uber Technologies Inc. | 3.43% | 1,165,500 | $70.3M | Reduce -13.8% |
| BABA Alibaba Group Holding-SP ADR | 3.17% | 767,400 | $65.1M | Reduce -34.5% |
| AGI Alamos Gold Inc. Class A | 3.17% | 3,527,775 | $65.1M | Reduce -21.4% |
| JAZZ Jazz Pharmaceuticals PLC | 3.05% | 508,800 | $62.7M | Add +140.0% |
| GOOGL Alphabet Inc. Class A | 2.46% | 266,440 | $50.4M | No change |
| VRN Veren Inc. | 2.29% | 9,135,156 | $46.9M | Reduce -10.3% |
| LNTH Lantheus Holdings Inc. | 1.99% | 457,500 | $40.9M | Add +11.7% |
| BIDU Baidu Inc. - Spon ADR | 1.70% | 413,127 | $34.8M | Add +8.9% |
| WCC Wesco International Inc. | 1.45% | 164,700 | $29.8M | Reduce -58.3% |
| ITUB Itau Unibanco H-Spon PRF ADR | 1.37% | 5,669,500 | $28.1M | Add +20.9% |
| ITRG Integra Resources Corp. | 0.66% | 15,734,738 | $13.6M | New |
| ROOT Root Inc./Oh Class A | 0.53% | 149,316 | $10.8M | No change |
| CFLT Confluent Inc. Class A | 0.52% | 383,300 | $10.7M | Reduce -9.8% |
| SIG Signet Jewelers Ltd. | 0.49% | 125,300 | $10.1M | Reduce -58.6% |
| RBLX Roblox Corp. Class A | 0.42% | 150,400 | $8.7M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.37% | 38,300 | $7.6M | Reduce -59.7% |
| NAMS Newamsterdam Pharma Co. NV | 0.36% | 285,136 | $7.3M | Reduce -65.6% |
| GTE Gran Tierra Energy Inc. | 0.31% | 863,751 | $6.4M | No change |
| CMPS Compass Pathways PLC | 0.29% | 1,547,800 | $5.9M | No change |
| OKTA Okta Inc. | 0.28% | 73,000 | $5.8M | No change |
| FSLY Fastly Inc. Class A | 0.28% | 598,800 | $5.7M | No change |
| KODK Eastman Kodak Co. | 0.27% | 834,195 | $5.5M | Reduce -15.0% |
| MDB Mongodb Inc. | 0.24% | 21,000 | $4.9M | No change |
| SMCI Super Micro Computer Inc. | 0.22% | 146,900 | $4.5M | New |
| EA Electronic Arts Inc. | 0.17% | 23,320 | $3.4M | No change |
| BYND Beyond Meat Inc. | 0.17% | 906,000 | $3.4M | No change |
| SNOW Snowflake Inc. | 0.17% | 22,000 | $3.4M | New |
| AMSC American Superconductor Corp. | 0.13% | 108,066 | $2.7M | No change |
| LBRT Liberty Energy Inc. | 0.11% | 110,974 | $2.2M | No change |
| JOBY Joby Aviation Inc. | 0.10% | 262,000 | $2.1M | No change |
| OCGN Ocugen Inc. | 0.10% | 2,454,958 | $2.0M | No change |
| U Unity Software Inc. | 0.08% | 73,100 | $1.6M | No change |
| OM Outset Medical Inc. | 0.08% | 1,471,706 | $1.6M | No change |
| ZIM Zim Integrated Shipping Serv | 0.08% | 73,400 | $1.6M | No change |
| IRBTQ Irobot Corp. | 0.06% | 167,800 | $1.3M | No change |
| BX Blackstone Inc. | 0.05% | 6,300 | $1.1M | New |
| PGEN Precigen Inc. | 0.04% | 668,830 | $749K | No change |
| SPCE Virgin Galactic Holdings Inc. | 0.03% | 119,193 | $701K | No change |
| CLNE Clean Energy Fuels Corp. | 0.03% | 246,669 | $619K | Reduce -67.9% |
| MRVL Marvell Technology Inc. | 0.03% | 5,600 | $619K | No change |
| OPTINOSE INC | 0.02% | 74,047 | $495K | No change |
| GOTU Gaotu Techedu Inc. | 0.02% | 177,900 | $390K | No change |
| SENS Senseonics Holdings Inc. | 0.02% | 729,377 | $382K | No change |
| STXS Stereotaxis Inc. | 0.01% | 126,581 | $289K | No change |
| INO Inovio Pharmaceuticals Inc. | 0.01% | 126,121 | $231K | No change |
| KTOS Kratos Defense & Security | 0.01% | 7,948 | $210K | New |
Portfolio Sells Q3 2024 → Q4 2024
| CE Celanese Corp. | Sold out | 0.00% | −5.21 |
| BABA Alibaba Group Holding-SP ADR | Reduce -34.5% | 3.17% | −1.79 |
| ERO Ero Copper Corp. | Reduce -8.1% | 3.70% | −1.75 |
| WCC Wesco International Inc. | Reduce -58.3% | 1.45% | −1.19 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.96 |
| SIG Signet Jewelers Ltd. | Reduce -58.6% | 0.49% | −0.75 |
| AGRO Adecoagro SA | Sold out | 0.00% | −0.75 |
| UBER Uber Technologies Inc. | Reduce -13.8% | 3.43% | −0.63 |
| ANNX Annexon Inc. | Sold out | 0.00% | −0.45 |
| AGI Alamos Gold Inc. Class A | Reduce -21.4% | 3.17% | −0.40 |
| HBM Hudbay Minerals Inc. | Reduce -9.7% | 13.21% | −0.39 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -59.7% | 0.37% | −0.29 |
| VRN Veren Inc. | Reduce -10.3% | 2.29% | −0.22 |
| UA Under Armour Inc. Class C | Sold out | 0.00% | −0.21 |
| NAMS Newamsterdam Pharma Co. NV | Reduce -65.6% | 0.36% | −0.19 |
| UAA Under Armour Inc. Class A | Sold out | 0.00% | −0.15 |
| CLOV Clover Health Investments Co. | Sold out | 0.00% | −0.15 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.13 |
| IART Integra Lifesciences Holding | Sold out | 0.00% | −0.08 |
| XPEV Xpeng Inc. - ADR | Sold out | 0.00% | −0.08 |
| CHPT Chargepoint Holdings Inc. | Sold out | 0.00% | −0.07 |
| CLNE Clean Energy Fuels Corp. | Reduce -67.9% | 0.03% | −0.07 |
| OBE Obsidian Energy Ltd. | Sold out | 0.00% | −0.04 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.03 |
| CIEN Ciena Corp. | Sold out | 0.00% | −0.02 |
| EVGO Evgo Inc. | Sold out | 0.00% | −0.02 |
| TD Toronto-Dominion Bank | Sold out | 0.00% | −0.01 |
| BNGO Bionano Genomics Inc. | Sold out | 0.00% | −0.01 |
| TDW Tidewater Inc. | Sold out | 0.00% | −0.01 |
| CAN Canaan Inc. | Sold out | 0.00% | −0.00 |
| AWRE Aware Inc. | Sold out | 0.00% | −0.00 |
| BTE Baytex Energy Corp. | Sold out | 0.00% | −0.00 |
| KODK Eastman Kodak Co. | Reduce -15.0% | 0.27% | +0.08 |
| TNL Travel + Leisure Co. | Reduce -23.3% | 6.54% | +0.16 |
| CFLT Confluent Inc. Class A | Reduce -9.8% | 0.52% | +0.18 |
| SSNC Ss&c Technologies Holdings | Reduce -5.8% | 4.70% | +0.70 |
| GOOG Alphabet Inc. Class C | Reduce -8.0% | 4.36% | +0.95 |
| UAL United Airlines Holdings Inc. | Reduce -35.5% | 4.90% | +1.24 |
| BBWI Bath & Body Works Inc. | Reduce -10.1% | 6.58% | +1.65 |
| DAL Delta Air Lines Inc. | Reduce -17.0% | 16.10% | +2.77 |
Portfolio Buys Q3 2024 → Q4 2024
| KD Kyndryl Holdings Inc. | Add +16.4% | 5.01% | +2.67 |
| JAZZ Jazz Pharmaceuticals PLC | Add +140.0% | 3.05% | +2.11 |
| ITRG Integra Resources Corp. | New | 0.66% | +0.66 |
| RPRX Royalty Pharma PLC Class A | Add +5.5% | 4.06% | +0.57 |
| SMCI Super Micro Computer Inc. | New | 0.22% | +0.22 |
| LNTH Lantheus Holdings Inc. | Add +11.7% | 1.99% | +0.20 |
| SNOW Snowflake Inc. | New | 0.17% | +0.17 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +20.9% | 1.37% | +0.13 |
| BIDU Baidu Inc. - Spon ADR | Add +8.9% | 1.70% | +0.10 |
| BX Blackstone Inc. | New | 0.05% | +0.05 |
| KTOS Kratos Defense & Security | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 68 | $1.9B | HBM, DAL, JAZZ, UAL, GOOG |
| Q1 2026 | 77 | $2.2B | HBM, DAL, JAZZ, ERO, UAL |
| Q4 2025 | 38 | $1.9B | HBM, DAL, ERO, JAZZ, UAL |
| Q3 2025 | 68 | $2.2B | HBM, DAL, ERO, CBRL, UAL |
| Q2 2025 | 71 | $2.4B | HBM, DAL, CBRL, KD, TNL |
| Q1 2025 | 69 | $1.9B | DAL, KD, TNL, BBWI, BABA |
| Q4 2024 | 56 | $2.1B | DAL, HBM, BBWI, TNL, KD |
| Q3 2024 | 72 | $2.5B | HBM, DAL, TNL, ERO, CE |
| Q2 2024 | 68 | $2.7B | HBM, DAL, ERO, TNL, BBWI |
| Q1 2024 | 53 | $2.5B | DAL, HBM, TNL, CE, BBWI |