Mountain Lake Investment Management’s Natural Resource Partners NRP Stock Holding History

Mountain Lake Investment Management’s Portfolio NRP Stock Details NRP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$9.28M	Buy	76,673 +11,343	+17%	+$1.34M	5.99%	8
2025 Q4	$6.82M	Buy	65,330 +19,708	+43%	+$2.06M	5.18%	9
2025 Q3	$4.79M	Buy	45,622 +8,072	+21%	+$822K	3.57%	11
2025 Q2	$3.59M	Buy	37,550 +15,449	+70%	+$1.5M	2.98%	11
2025 Q1	$2.3M	Buy	22,101 +11,051	+100%	+$1.16M	2.16%	13
2024 Q4	$1.22M	Buy	+11,050	New	+$1.14M	1.41%	16

Other funds holding NRP

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Corient Private Wealth Miami, Florida $69.9B AUM 22.19% 1-Year Est. Return

P3I

Progeny 3 Inc Kirkland, Washington $1.87B AUM 30.4% 1-Year Est. Return

Solidarity Wealth Lehi, Utah $521M AUM 16.4% 1-Year Est. Return

SCM

Saber Capital Management Fuquay Varina, North Carolina $147M AUM

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

ING Group Amsterdam, Netherlands $16.4B AUM 34.6% 1-Year Est. Return

EBSAM

Eubel Brady & Suttman Asset Management Miamisburg, Ohio $845M AUM 12.93% 1-Year Est. Return

Mountain Lake Investment Management's NRP Position: Q1 2026 in Review

Mountain Lake Investment Management increased its Natural Resource Partners (NRP) stake by 17% in Q1 2026, buying an estimated $1.34M and bringing the position to 76,673 shares worth $9.28M. The position accounts for 5.99% of the portfolio, ranked #8.

Mountain Lake Investment Management first reported a position in NRP in Q4 2024 and has held it in 6 quarters since. 81 funds tracked by Wall St. Rank hold NRP as of Q1 2026.

Mountain Lake Investment Management held 76,673 shares of Natural Resource Partners worth $9.28M as of Q1 2026.
Mountain Lake Investment Management bought 11,343 Natural Resource Partners shares in Q1 2026, an estimated $1.34M.
Natural Resource Partners made up 5.99% of Mountain Lake Investment Management's portfolio in Q1 2026, its #8 holding.
Mountain Lake Investment Management first reported a position in Natural Resource Partners in Q4 2024 and has held it in 6 quarters since.
81 funds tracked by Wall St. Rank held Natural Resource Partners as of Q1 2026.

Based on Mountain Lake Investment Management's 13F filing for Q1 2026, filed 15 May 2026.