HELIKON INVESTMENTS LTD
Q2 2026 Form 13-F
LONDON
CIK 0001839497
· Institutional investment manager
$3.3B Reported Value Total
Reported value
$3.3B
Quarter over quarter
-5.1%
Holdings
18
Top-10 concentration
82.9%
Key People
Named on the latest Form 13-F filing — not necessarily an owner
Paul Mclernon
Director
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Q2 2026 13F record
Q2 2026 13F filing summary
| Period of report | June 30, 2026 |
|---|---|
| Filed | August 11, 2026 |
| Form | 13F-HR |
| Reported value | $3.3B |
| Positions | 18 |
| Change in reported value | +26.4% |
| New positions | 2 |
| Exited positions | 1 |
| Position turnover | 15.8% |
| Top-10 concentration | 82.9% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 11, 2026
|
18 | $3.3B |
|
Q1 2026 13F
Filed May 8, 2026
|
17 | $2.6B |
|
Q4 2025 13F
Filed Feb 5, 2026
|
16 | $1.9B |
|
Q3 2025 13F
Filed Nov 10, 2025
|
16 | $1.5B |
|
Q2 2025 13F
Filed Aug 8, 2025
|
18 | $1.6B |
|
Q1 2025 13F
Filed May 12, 2025
|
20 | $1.3B |
|
Q4 2024 13F
Filed Jan 22, 2025
|
18 | $961.0M |
|
Q3 2024 13F
Filed Oct 28, 2024
|
18 | $1.1B |
|
Q2 2024 13F
Filed Jul 30, 2024
|
17 | $1.1B |
|
Q1 2024 13F
Filed Apr 18, 2024
|
16 | $1.2B |
|
Q4 2023 13F
Filed Feb 12, 2024
|
15 | $1.0B |
|
Q3 2023 13F
Filed Oct 31, 2023
|
15 | $819.3M |
|
Q2 2023 13F
Filed Jul 28, 2023
|
15 | $819.4M |
|
Q1 2023 13F
Filed May 9, 2023
|
12 | $748.2M |
|
Q4 2022 13F
Filed Feb 3, 2023
|
8 | $532.3M |
|
Q3 2022 13F
Filed Nov 8, 2022
|
6 | $340.8M |
|
Q2 2022 13F
Filed Jul 19, 2022
|
4 | $253.0M |
|
Q1 2022 13F
Filed Apr 26, 2022
|
6 | $332.7M |
|
Q4 2021 13F
Filed Jan 18, 2022
|
4 | $314.6M |
|
Q3 2021 13F
Filed Oct 20, 2021
|
3 | $343.4M |
3 earlier quarters on file — choose one from the quarter menu above.
Top 18 holdings · Q2 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | SKE SKEENA RES LTD NEW | $448.5M | 13.4% |
| 2 | ABVX ABIVAX SA | $371.4M | 11.1% |
| 3 | EGO ELDORADO GOLD CORP NEW | $347.6M | 10.38% |
| 4 | CAAP CORPORACION AMER ARPTS S A | $342.3M | 10.23% |
| 5 | AAUC ALLIED GOLD CORP | $275.0M | 8.21% |
| 6 | IAC PEOPLE INC | $260.9M | 7.79% |
| 7 | SGHC SUPER GROUP SGHC LIMITED | $233.9M | 6.99% |
| 8 | SVM SILVERCORP METALS INC | $176.1M | 5.26% |
| 9 | FLUT FLUTTER ENTMT PLC | $159.9M | 4.78% |
| 10 | SLSR SOLARIS RES INC | $158.8M | 4.75% |
| 11 | CNL COLLECTIVE MINING LTD | $130.5M | 3.9% |
| 12 | QGENZZZZ QIAGEN NV | $120.6M | 3.6% |
| 13 | MGM MGM RESORTS INTERNATIONAL | $96.8M | 2.89% |
| 14 | IRS IRSA INVERSIONES Y REP S A | $75.8M | 2.26% |
| 15 | NEWP NEW PAC METALS CORP | $74.1M | 2.21% |
| 16 | HLSCF HIGHLANDER SILVER CORP | $37.3M | 1.12% |
| 17 | AEM AGNICO EAGLE MINES LTD | $22.7M | 0.68% |
| 18 | EDN EMPRESA DIST Y COMERCIAL NOR | $15.2M | 0.45% |
Values as reported on the Q2 2026 Form 13F. Every position is in the holdings table below.