Mountaineer Partners Management 13F annual report

Mountaineer Partners Management is an investment fund managing more than $189 billion ran by Mark Lee. There are currently 15 companies in Mr. Lee’s portfolio. The largest investments include Vishay Intertechnology and Century Alum Co, together worth $67.8 billion.

$189 billion Assets Under Management (AUM)

As of 7th August 2024, Mountaineer Partners Management’s top holding is 2,033,752 shares of Vishay Intertechnology currently worth over $45.4 billion and making up 24.0% of the portfolio value. Relative to the number of outstanding shares of Vishay Intertechnology, Mountaineer Partners Management owns more than approximately 0.1% of the company. In addition, the fund holds 1,338,458 shares of Century Alum Co worth $22.4 billion. The third-largest holding is Freeport-McMoRan Inc worth $11.9 billion and the next is ATI Inc worth $11.6 billion, with 209,073 shares owned.

Currently, Mountaineer Partners Management's portfolio is worth at least $189 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Mountaineer Partners Management

The Mountaineer Partners Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Mark Lee serves as the Managing Member at Mountaineer Partners Management.

Recent trades

In the most recent 13F filing, Mountaineer Partners Management revealed that it had increased its stake in Alcoa Corp and bought 36,295 additional shares worth around $1 million. This means they effectively own approximately 0.1% of the company. Alcoa Corp makes up 15.9% of the fund's Materials sector allocation and has decreased its share price by 0.4% in the past year.

On the other hand, Mark Lee disclosed a decreased stake in Vishay Intertechnology by approximately 0.1%. This leaves the value of the investment at $45.4 billion and 2,033,752 shares.

One of the smallest hedge funds

The two most similar investment funds to Mountaineer Partners Management are Sharp Capital Gestora De Recursos Ltda and Lodestone Wealth Management. They manage $189 billion and $189 billion respectively.

Mark Lee investment strategy

Mountaineer Partners Management’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Materials — making up 34.6% of the total portfolio value. The fund focuses on investments in the United States as 53.3% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 20% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $9.86 billion.

The complete list of Mountaineer Partners Management trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Vishay Intertechnology, Inc.	6.23% 2,033,752	$45,352,670,000	23.97%
Century Alum Co	37.52% 1,338,458	$22,419,172,000	11.85%
Freeport-McMoRan Inc	11.01% 245,144	$11,913,999,000	6.30%
ATI Inc	11.56% 209,073	$11,593,098,000	6.13%
Diamondback Energy Inc	8.63% 56,504	$11,311,536,000	5.98%
Hudbay Minerals Inc.	10.35% 1,156,653	$10,467,709,000	5.53%
Alcoa Corp	16.09% 261,844	$10,416,155,000	5.51%
Materion Corp	4.51% 95,650	$10,342,635,000	5.47%
Scorpio Tankers Inc	6.12% 119,141	$9,684,972,000	5.12%
Constellium SE	9.62% 500,769	$9,439,496,000	4.99%
West Fraser Timber Co Ltd	3.58% 122,541	$9,412,174,000	4.98%
Entegris Inc	6.73% 67,530	$9,143,562,000	4.83%
Olin Corp.	8.02% 187,085	$8,821,057,000	4.66%
Transocean Ltd	3.64% 901,657	$4,823,865,000	2.55%
NexGen Energy Ltd	14.55% 579,017	$4,041,538,000	2.14%
No transactions found
Showing first 500 out of 15 holdings