SEC 13F Intelligence

Managers / Q4 2019 · view latest →

ARMOR ADVISORS, L.L.C.

CIK 0001600698 · 410 PARK AVENUE, SUITE 530, NEW YORK, NY, 10022 · (646) 873-8501

Reported Value
$177M
Q4 2019
Positions
8
Filings on Record
28
2019–present window
Filed
Feb 14, 2020
original filing

Summary

Armor Advisors, L.L.C. reported $177M in U.S.-listed holdings across 8 positions for Q4 2019.

The portfolio is heavily concentrated: FNV alone accounts for 24.8% of reported value.

Portfolio Metrics

Largest Position
+24.8%
Franco Nevada

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’19: $177MQ4 ’19Q1 ’20: $302MQ2 ’20: $207MQ3 ’20: $318MQ4 ’20: $247MQ4 ’20Q1 ’21: $262MQ2 ’21: $362MQ3 ’21: $588MQ4 ’21: $509MQ4 ’21Q1 ’22: $864MQ2 ’22: $183MQ3 ’22: $658MQ4 ’22: $275MQ4 ’22Q1 ’23: $187MQ2 ’23: $193MQ3 ’23: $227MQ4 ’23: $104MQ4 ’23Q1 ’24: $164MQ2 ’24: $136MQ3 ’24: $156MQ4 ’24: $96MQ4 ’24Q1 ’25: $125MQ2 ’25: $191MQ3 ’25: $179MQ4 ’25: $112MQ4 ’25Q1 ’26: $298Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 52.8%Other: 32.3%ADR: 12.6%ETP: 2.3%
  • Common Stock · 52.8% · $93M
  • Other · 32.3% · $57M
  • ADR · 12.6% · $22M
  • ETP · 2.3% · $4M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
FNVFRANCO NEVADA CORPNEW+424.0K424.0K+$44M$44M
GOOGALPHABET INCNEW+20.9K20.9K+$28M$28M
HHR1USDHEADHUNTER GROUP PLCNEW+1.04M1.04M+$22M$22M
RGLDROYAL GOLD INCNEW+177.3K177.3K+$22M$22M
ISHARES SILVER TRUSTNEW+1.22M1.22M+$20M$20M
INVESCO EXCHNG TRADED FD TRNEW+810.0K810.0K+$18M$18M
YANDEX N VNEW+420.0K420.0K+$18M$18M
VANECK VECTORS ETF TRUSTNEW+140.1K140.1K+$4M$4M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

6 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FNVFRANCO NEVADA CORPhistory →COM24.75%$44M424.0K
2GOOGALPHABET INChistory →CAP STK CL C15.81%$28M20.9K
3HHR1USDHEADHUNTER GROUP PLChistory →SPONSORED ADS12.60%$22M1.04M
4RGLDROYAL GOLD INChistory →COM12.25%$22M177.3K
5YANDEX N VSHS CLASS A10.32%$18M420.0K
6VANECK VECTORS ETF TRUSTGOLD MINERS ETF2.32%$4M140.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$298M18May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$112M14Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$179M16Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$191M18Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$125M19May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$96M13Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$156M13Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$136M12Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$164M14May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$104M12Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$227M15Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$193M15Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$187M13May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$275M10Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$658M11Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$183M10Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$864M20May 20, 2022RESTATEMENTchanges · EDGAR ↗
Q4 2021$509M19Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$588M20Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$362M16Aug 16, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$262M14May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$247M14Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$318M15Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$207M12Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$302M16May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$177M8Feb 14, 202013F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.