HELIKON INVESTMENTS LTD
Q4 2023 Form 13-F
LONDON
CIK 0001839497
· Institutional investment manager
$1.0B Reported Value Total
Reported value
$1.0B
Quarter over quarter
+26.8%
Holdings
15
Top-10 concentration
97.6%
Key People
Named on the latest Form 13-F filing — not necessarily an owner
Paul Mclernon
Director
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13F Metrics
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Q4 2023 13F record
Q4 2023 13F filing summary
| Period of report | December 31, 2023 |
|---|---|
| Filed | February 12, 2024 |
| Form | 13F-HR |
| Reported value | $1.0B |
| Positions | 15 |
| Change in reported value | +24.7% |
| New positions | 2 |
| Exited positions | 2 |
| Position turnover | 23.5% |
| Top-10 concentration | 97.6% |
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 15 holdings · Q4 2023
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | EGO ELDORADO GOLD CORP NEW | $365.0M | 35.73% |
| 2 | YPF YPF SOCIEDAD ANONIMA | $178.4M | 17.47% |
| 3 | VIST VISTA ENERGY S.A.B. DE C.V. | $175.0M | 17.13% |
| 4 | CAAP CORPORACION AMER ARPTS S A | $127.3M | 12.46% |
| 5 | VEON VEON LTD | $38.3M | 3.75% |
| 6 | CGAU CENTERRA GOLD INC | $34.0M | 3.32% |
| 7 | PAM PAMPA ENERGIA S A | $30.8M | 3.02% |
| 8 | IAG IAMGOLD CORP | $23.7M | 2.32% |
| 9 | AGRO ADECOAGRO S A | $14.3M | 1.4% |
| 10 | IRS IRSA INVERSIONES Y REP S A | $10.5M | 1.03% |
| 11 | IFS INTERCORP FINL SVCS INC | $6.6M | 0.65% |
| 12 | EDN EMPRESA DIST Y COMERCIAL NOR | $5.8M | 0.57% |
| 13 | ENIC ENEL CHILE S.A. | $5.7M | 0.56% |
| 14 | CRESY CRESUD S A C I F Y A | $5.3M | 0.52% |
| 15 | BUR BURFORD CAP LTD | $780.0K | 0.08% |
Values as reported on the Q4 2023 Form 13F. Every position is in the holdings table below.