We are live on ! Find out more
PFCS

Pale Fire Capital SE Portfolio holdings

AUM $1.14B
1-Year Est. Return 42.87%
This Fund
S&P 500
This Quarter Est. Return
+37.95%
1 Year Est. Return
+42.87%
3 Year Est. Return
+176.09%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$975M
AUM Growth
+$133M
Cap. Flow
-$100M
Cap. Flow %
-10.26%
Top 10 Hldgs %
85.56%
Holding
75
New
13
Increased
24
Reduced
13
Closed
15

Top Buys

Rank Stock Value
1
TEVA icon
Teva Pharmaceuticals
TEVA
+$17M
2
MTCH icon
Match Group
MTCH
+$12.5M
3
ANGI icon
Angi Inc
ANGI
+$12.1M
4
SPPP
Sprott Physical Platinum and Palladium Trust
SPPP
+$11.9M
5
IAG icon
IAMGOLD
IAG
+$9.26M

Top Sells

Rank Stock Value
1
B
Barrick Mining
B
+$146M
2
CDE icon
Coeur Mining
CDE
+$27.5M
3
NGD
New Gold Inc
NGD
+$3.36M
4
UBER icon
Uber
UBER
+$2.19M
5
DOLE icon
Dole
DOLE
+$1.35M

Sector Composition

Rank Sector Weight
1 Materials 40.43%
2 Communication Services 39.65%
3 Consumer Staples 8.94%
4 Healthcare 5.67%
5 Energy 1.82%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GRPN icon
1
Groupon
GRPN
$980M
$341M 34.94%
10,181,070
– –
BTG icon
2
B2Gold
BTG
$5.16B
$237M 24.36%
65,760,909
+922,500
+1% +$3.03M
DOLE icon
3
Dole
DOLE
$1.35B
$86.4M 8.86%
6,174,540
-95,399
-2% -$1.35M
HL icon
4
Hecla Mining
HL
$10.2B
$44.6M 4.57%
7,438,818
– –
NGD
5
DELISTED
New Gold Inc
NGD
$27.9M 2.86%
5,630,478
-816,874
-13% -$3.36M
CGAU
6
Centerra Gold
CGAU
$3.22B
$25M 2.57%
3,467,298
– –
ANGI icon
7
Angi Inc
ANGI
$224M
$19.7M 2.02%
1,292,517
+840,136
+186% +$12.1M
PAAS icon
8
Pan American Silver
PAAS
$18.6B
$18.4M 1.89%
649,493
– –
TEVA icon
9
Teva Pharmaceuticals
TEVA
$35.9B
$17.6M 1.81%
+1,050,649
New +$17M
NVDA icon
10
PUT
NVIDIA
NVDA
$5.01T
$16.3M 1.67%
103,000
– –
SPPP
11
Sprott Physical Platinum and Palladium Trust
SPPP
$560M
$13.8M 1.41%
+1,172,523
New +$11.9M
MTCH icon
12
Match Group
MTCH
$8.84B
$12.9M 1.32%
+416,533
New +$12.5M
IAUX
13
i-80 Gold Corp
IAUX
$1.17B
$12.7M 1.31%
21,263,656
+4,282,561
+25% +$2.52M
ZD icon
14
Ziff Davis
ZD
$1.9B
$10.4M 1.07%
342,885
+93,560
+38% +$3.01M
CDE icon
15
Coeur Mining
CDE
$15.6B
$10.2M 1.04%
1,146,022
-3,776,844
-77% -$27.5M
INSW icon
16
International Seaways
INSW
$4.57B
$9.82M 1.01%
269,133
-7,493
-3% -$269K
IAG icon
17
IAMGOLD
IAG
$8.47B
$9.71M 1%
+1,321,068
New +$9.26M
GAU
18
Galiano Gold
GAU
$486M
$7.63M 0.78%
6,011,627
+2,415,530
+67% +$3.28M
QURE icon
19
uniQure
QURE
$2.68B
$7.39M 0.76%
529,798
+67,439
+15% +$907K
TEN
20
Tsakos Energy Navigation Ltd
TEN
$1.19B
$6.92M 0.71%
360,433
+7,376
+2% +$129K
MLYS icon
21
Mineralys Therapeutics
MLYS
$2.35B
$6.04M 0.62%
446,626
+47,128
+12% +$683K
ATAI icon
22
AtaiBeckley Inc
ATAI
$2.66B
$5.78M 0.59%
2,640,384
+47,800
+2% +$85.7K
AQST icon
23
Aquestive Therapeutics
AQST
$462M
$5.55M 0.57%
1,676,451
+340,767
+26% +$977K
OCUL icon
24
Ocular Therapeutix
OCUL
$1.86B
$4.92M 0.5%
530,135
+90,748
+21% +$710K
SSTK icon
25
Shutterstock
SSTK
$205M
$2.93M 0.3%
154,278
+74,060
+92% +$1.3M
1
2 3

Similar funds

RPC
Rossmore Private Capital Glastonbury, Connecticut $1.14B AUM 23.53% 1-Year Est. Return
WFAG
Wescott Financial Advisory Group Philadelphia, Pennsylvania $1.14B AUM 16.59% 1-Year Est. Return
ACM
Alua Capital Management New York $1.13B AUM 8.41% 1-Year Est. Return
SAM
SP Asset Management Cupertino, California $1.13B AUM 12.57% 1-Year Est. Return
HMCP
Hook Mill Capital Partners New York $1.13B AUM 31.32% 1-Year Est. Return
OHIF
Oriental Harbor Investment Fund Hong Kong $1.13B AUM 70.63% 1-Year Est. Return
WM
WS Management Jacksonville, Florida $1.13B AUM 53.44% 1-Year Est. Return
BBP
Banco BTG Pactual Rio De Janeiro, Brazil $1.14B AUM 41.39% 1-Year Est. Return

Pale Fire Capital SE's Q2 2025 Portfolio in Review

As of Q2 2025, Pale Fire Capital SE held 75 positions worth $975M, up 16% from $842M the previous quarter. Its ten largest holdings account for 86% of the portfolio.

Pale Fire Capital SE withdrew a net $100M in Q2 2025, closing 15 positions and reducing 13 holdings. Its most notable exit was Barrick Mining, an estimated $146M position sold in full.

By sector, the portfolio is most concentrated in Materials at 40% of assets, down from 57% a quarter earlier, followed by Communication Services and Consumer Staples.

Against the trend, Pale Fire Capital SE opened a new position in Teva Pharmaceuticals worth $17.6M.

  • Pale Fire Capital SE's largest Q2 2025 buy was Teva Pharmaceuticals: 1,050,649 shares worth $17.6M.
  • Pale Fire Capital SE added most to Angi Inc in Q2 2025, an estimated $12.1M increase.
  • Pale Fire Capital SE's biggest Q2 2025 reduction was Coeur Mining, cutting an estimated $27.5M.
  • Pale Fire Capital SE fully exited Barrick Mining in Q2 2025, selling an estimated $146M.
  • Pale Fire Capital SE's ten largest holdings make up 86% of its $975M portfolio in Q2 2025.
  • Pale Fire Capital SE opened 13 new positions and closed 15 in Q2 2025.
  • Pale Fire Capital SE's portfolio value rose 16% quarter-over-quarter to $975M.

Based on Pale Fire Capital SE's 13F filing for Q2 2025, filed 13 Aug 2025.