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Portfolio (Quarterly) Guide ↗

Mudita Advisors LLP

· CIK 0001907809
13F Portfolio $490.1B AUM 28 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 8 New 8 Added 7 Reduced 1 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 CNQ CANADIAN NAT RES LTD MED TER Energy 532,366.0 $25.9M 5.29% -105K -16.4% $48.73 -2.4%
2 ORLA ORLA MNG LTD NEW Basic Materials 1,317,600.0 $21.2M 4.34% -122K -8.5% $16.13 -8.3%
3 HCC WARRIOR MET COAL INC Energy 174,000.0 $16.2M 3.31% -362K -67.5% $93.15 -7.8%
4 TGB TASEKO MINES LTD Basic Materials 2,053,209.0 $13.2M 2.70% -2.3M -53.2% $6.45 +18.1%
5 HBM HUDBAY MINERALS INC Basic Materials 317,389.0 $6.6M 1.35% -607K -65.7% $20.90 +30.6%
6 ALLIED GOLD CORP 160,234.0 $5.0M 1.01% -323K -66.8% $30.99
7 B BARRICK MNG CORP Basic Materials 11,200.0 $457K 0.09% -143K -92.7% $40.79 -0.4%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Consumer Cyclical 32.0%
Basic Materials 27.8%
Energy 16.4%
Healthcare 10.2%
Technology 5.9%
Consumer Defensive 5.8%
Financial Services 2.0%