L1 Capital Pty Ltd reported 16 positions worth $1.68B for the quarter ended Jun 30, 2026, down 14.0% on the prior quarter. It opened 6 new positions, added to 5, trimmed 4 and exited 6. Its largest holding is NexGen Energy Ltd. at 19.6% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| HBM Hudbay Minerals Inc. | +9.98M | – | $235.50M | 14.05% |
| AMCR Amcor plc | +2.31M | +52.5% | $100.16M | 17.35% |
| AA Alcoa Corp | +1.44M | – | $74.85M | 4.47% |
| BLDR Builders FirstSource, Inc. | +307.8K | +105.2% | $27.54M | 3.2% |
| EQX Equinox Gold Corp. | +2.72M | +11.2% | $26.48M | 15.69% |
| HDB Hdfc Bank Ltd | +925.6K | +72.9% | $23.91M | 3.38% |
| FERG Ferguson Enterprises Inc. | +84.1K | – | $19.96M | 1.19% |
| INTU Intuit Inc. | +50.0K | – | $13.04M | 0.778% |
| LAR Lithium Argentina AG | +1.37M | – | $11.33M | 0.676% |
| SGML Sigma Lithium Corp | +767.4K | – | $9.71M | 0.579% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| TGB Trekor Metals Ltd | -35.11M | -100.0% | $226.51M | Exited |
| FLUT Flutter Entertainment plc | -1.77M | -100.0% | $180.38M | Exited |
| NWS News Corp | -2.24M | -52.9% | $62.83M | 3.34% |
| CRH Crh Public Ltd Co | -585.8K | -31.7% | $62.68M | 8.07% |
| EXP Eagle Materials Inc | -214.5K | -100.0% | $40.64M | Exited |
| TECK Teck Resources Ltd | -634.5K | -100.0% | $32.84M | Exited |
| Z Zillow Group, Inc. | -770.0K | -60.7% | $24.27M | 0.939% |
| CCL Carnival Corp Ltd. | -716.0K | -100.0% | $18.53M | Exited |
| NCLH Norwegian Cruise Line Holdings Ltd. | -911.3K | -100.0% | $17.04M | Exited |
| NXE NexGen Energy Ltd. | -228.5K | -0.6% | $2.15M | 19.61% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| HBM Hudbay Minerals Inc. | +9.98M | $235.50M | 14.05% |
| AA Alcoa Corp | +1.44M | $74.85M | 4.47% |
| FERG Ferguson Enterprises Inc. | +84.1K | $19.96M | 1.19% |
| INTU Intuit Inc. | +50.0K | $13.04M | 0.778% |
| LAR Lithium Argentina AG | +1.37M | $11.33M | 0.676% |
| SGML Sigma Lithium Corp | +767.4K | $9.71M | 0.579% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| TGB Trekor Metals Ltd | -35.11M | $226.51M | 11.63% |
| FLUT Flutter Entertainment plc | -1.77M | $180.38M | 9.26% |
| EXP Eagle Materials Inc | -214.5K | $40.64M | 2.09% |
| TECK Teck Resources Ltd | -634.5K | $32.84M | 1.69% |
| CCL Carnival Corp Ltd. | -716.0K | $18.53M | 0.951% |
| NCLH Norwegian Cruise Line Holdings Ltd. | -911.3K | $17.04M | 0.875% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NXE NexGen Energy Ltd. | Energy | 34.99M | $328.73M | 19.61% | -228.5K | -0.6% | Reduced | 5.95% |
| 2 | AMCR Amcor plc | Basic Materials | 6.71M | $290.91M | 17.35% | +2.31M | +52.5% | Added | 1.45% |
| 3 | EQX Equinox Gold Corp. | Basic Materials | 27.06M | $262.98M | 15.69% | +2.72M | +11.2% | Added | 4.29% |
| 4 | HBM Hudbay Minerals Inc. | Basic Materials | 9.98M | $235.50M | 14.05% | +9.98M | – | New | 2.52% |
| 5 | CRH Crh Public Ltd Co | Basic Materials | 1.26M | $135.30M | 8.07% | -585.8K | -31.7% | Reduced | 0.19% |
| 6 | AVR Anteris Technologies Global Corp. | Healthcare | 7.79M | $76.72M | 4.58% | 0 | 0.0% | Unchanged | 8% |
| 7 | AA Alcoa Corp | Basic Materials | 1.44M | $74.85M | 4.47% | +1.44M | – | New | 0.54% |
| 8 | HDB Hdfc Bank Ltd | Financial Services | 2.19M | $56.68M | 3.38% | +925.6K | +72.9% | Added | 0.04% |
| 9 | NWS News Corp | Communication Services | 2.00M | $56.00M | 3.34% | -2.24M | -52.9% | Reduced | 0.36% |
| 10 | BLDR Builders FirstSource, Inc. | Industrials | 600.3K | $53.71M | 3.2% | +307.8K | +105.2% | Added | 0.56% |
| 11 | NU Nu Holdings Ltd. | Financial Services | 2.63M | $35.19M | 2.1% | +504.2K | +23.7% | Added | 0.05% |
| 12 | FERG Ferguson Enterprises Inc. | Industrials | 84.1K | $19.96M | 1.19% | +84.1K | – | New | 0.04% |
| 13 | Z Zillow Group, Inc. | Technology | 499.3K | $15.74M | 0.939% | -770.0K | -60.7% | Reduced | 0.22% |
| 14 | INTU Intuit Inc. | Technology | 50.0K | $13.04M | 0.778% | +50.0K | – | New | 0.02% |
| 15 | LAR Lithium Argentina AG | Basic Materials | 1.37M | $11.33M | 0.676% | +1.37M | – | New | 0.84% |
Tip. Select a row to see that position’s full history at L1 Capital Pty.
As of its Q2 2026 13F filing, L1 Capital Pty Ltd’s five largest positions were NexGen Energy Ltd. (NXE) at 19.6%, Amcor plc (AMCR) at 17.4%, Equinox Gold Corp. (EQX) at 15.7%, Hudbay Minerals Inc. (HBM) at 14.0%, Crh Public Ltd Co (CRH) at 8.1% of the reported portfolio.
L1 Capital Pty Ltd reported a 13F portfolio worth $1.68B across 16 positions for Q2 2026. That is down 14.0% from the previous quarter.
Its largest purchases by value were Hudbay Minerals Inc. ($235.50M), Amcor plc ($100.16M), Alcoa Corp ($74.85M). It opened 6 new positions.
Its largest sales by value were Trekor Metals Ltd ($226.51M), Flutter Entertainment plc ($180.38M), News Corp ($62.83M). It exited 6 positions entirely.
From the Form 13F-HR reports L1 Capital Pty Ltd files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.