L1 Capital Pty Ltd
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), L1 Capital Pty Ltd reported 24 stock positions worth $3.0 billion. Its top holding was Eldorado Gold (EGO) at 15.1% of the portfolio, followed by Nexgen Energy (NXE, 11.0%) and Amcor (AMCR, 9.8%). Compared with Q1 2026, it opened 9 new positions, sold out of 7, added to 9 and reduced 5. The biggest buy was a new position in Hudbay Minerals (HBM) and the biggest sale an exit from Flutter Entertainment PLC-Di (FLUT).
- Most Recent 13F
- Q2 2026
- Location
- MELBOURNE VIC 3000, C3
- CIK
- 0001817646
- Portfolio Value
- $3.0B (Q2 2026)
- SEC Filing
- 0001817646-26-000021 ↗ filed Aug 13, 2026
Holdings Value
Holdings 24 stocks · $3.0B
| EGO Eldorado Gold Corp. | 15.07% | 14,417,557 | $448.2M | Add +38.1% |
| NXE Nexgen Energy Ltd. | 11.05% | 34,992,263 | $328.7M | Reduce -0.7% |
| AMCR Amcor PLC | 9.78% | 6,710,648 | $290.9M | Add +52.5% |
| EQX Equinox Gold Corp. | 8.84% | 27,055,865 | $263.0M | Add +11.2% |
| CGAU Centerra Gold Inc. | 8.70% | 16,337,154 | $259.0M | Add +131.7% |
| TGB Trekor Metals Ltd. | 8.02% | 34,687,011 | $238.7M | Reduce -1.2% |
| HBM Hudbay Minerals Inc. | 7.92% | 9,977,133 | $235.5M | New |
| BTG B2GOLD Corp. | 6.14% | 48,837,914 | $182.7M | New |
| CRH CRH PLC | 4.55% | 1,264,527 | $135.3M | Reduce -31.7% |
| OGC Oceanagold Corp. | 2.66% | 3,157,907 | $79.1M | New |
| AVR Anteris Technologies Global | 2.58% | 7,789,000 | $76.7M | No change |
| AA Alcoa Corp. | 2.52% | 1,435,645 | $74.9M | New |
| HDB HDFC Bank Ltd.-ADR | 1.91% | 2,194,495 | $56.7M | Add +73.0% |
| NWS News Corp. Class B | 1.88% | 1,995,900 | $56.0M | Reduce -52.9% |
| BLDR Builders Firstsource Inc. | 1.81% | 600,269 | $53.7M | Add +105.2% |
| AYA Aya Gold & Silver Inc. | 1.32% | 2,074,017 | $39.3M | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 1.18% | 2,634,319 | $35.2M | Add +23.7% |
| ISOU Isoenergy Ltd. | 0.93% | 2,778,857 | $27.7M | Add +11.8% |
| IAG Iamgold Corp. | 0.81% | 1,512,374 | $24.0M | Add +0.2% |
| FERG Ferguson Enterprises Inc. | 0.67% | 84,104 | $20.0M | New |
| Z Zillow Group Inc. Class C | 0.53% | 499,342 | $15.7M | Reduce -60.7% |
| INTU Intuit Inc. | 0.44% | 49,972 | $13.0M | New |
| LAR Lithium Argentina AG | 0.38% | 1,369,956 | $11.3M | New |
| SGML Sigma Lithium Corp. | 0.33% | 767,428 | $9.7M | New |
Portfolio Sells Q1 2026 → Q2 2026
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −7.08 |
| NXE Nexgen Energy Ltd. | Reduce -0.7% | 11.05% | −4.99 |
| CRH CRH PLC | Reduce -31.7% | 4.55% | −3.09 |
| NWS News Corp. Class B | Reduce -52.9% | 1.88% | −2.86 |
| PROSHARES ULTRASHORT BLOOMBE | Sold out | 0.00% | −1.70 |
| EXP Eagle Materials Inc. | Sold out | 0.00% | −1.60 |
| Z Zillow Group Inc. Class C | Reduce -60.7% | 0.53% | −1.53 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −1.29 |
| TGB Trekor Metals Ltd. | Reduce -1.2% | 8.02% | −0.87 |
| CCL Carnival Corp. | Sold out | 0.00% | −0.73 |
| NCLH Norwegian Cruise Line Holdin | Sold out | 0.00% | −0.67 |
| SLSR Solaris Resources Inc. | Sold out | 0.00% | −0.67 |
Portfolio Buys Q1 2026 → Q2 2026
| HBM Hudbay Minerals Inc. | New | 7.92% | +7.92 |
| BTG B2GOLD Corp. | New | 6.14% | +6.14 |
| CGAU Centerra Gold Inc. | Add +131.7% | 8.70% | +3.80 |
| AMCR Amcor PLC | Add +52.5% | 9.78% | +2.91 |
| OGC Oceanagold Corp. | New | 2.66% | +2.66 |
| AA Alcoa Corp. | New | 2.52% | +2.52 |
| AYA Aya Gold & Silver Inc. | New | 1.32% | +1.32 |
| EGO Eldorado Gold Corp. | Add +38.1% | 15.07% | +0.99 |
| BLDR Builders Firstsource Inc. | Add +105.2% | 1.81% | +0.86 |
| FERG Ferguson Enterprises Inc. | New | 0.67% | +0.67 |
| HDB HDFC Bank Ltd.-ADR | Add +73.0% | 1.91% | +0.67 |
| INTU Intuit Inc. | New | 0.44% | +0.44 |
| LAR Lithium Argentina AG | New | 0.38% | +0.38 |
| SGML Sigma Lithium Corp. | New | 0.33% | +0.33 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +23.7% | 1.18% | −0.02 |
| ISOU Isoenergy Ltd. | Add +11.8% | 0.93% | −0.10 |
| IAG Iamgold Corp. | Add +0.2% | 0.81% | −0.31 |
| EQX Equinox Gold Corp. | Add +11.2% | 8.84% | −4.98 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 24 | $3.0B | EGO, NXE, AMCR, EQX, CGAU |
| Q1 2026 | 22 | $2.5B | NXE, EGO, EQX, TASEKO MINES LTD, CRH |
| Q4 2025 | 20 | $1.9B | EGO, NXE, EQX, TASEKO MINES LTD, NWS |
| Q3 2025 | 19 | $1.6B | NXE, AA, EQX, EGO, HBM |
| Q2 2025Amended | 30 | $1.7B | NXE, HBM, EGO, AA, EQX |
| Q1 2025 | 14 | $1.1B | EGO, NXE, CVE, FLUT, HBM |
| Q4 2024 | 14 | $1.2B | NXE, HBM, EGO, RYAAY, CVE |
| Q3 2024 | 11 | $1.2B | NXE, HBM, CRH, CVE, RYAAY |
| Q2 2024 | 8 | $1.0B | NXE, CVE, HBM, CRH, FLUT |
| Q1 2024 | 10 | $1.2B | NXE, CVE, HBM, TECK, CRH |