SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Helikon Investments Ltd

CIK 0001839497 · 17 WATERLOO PLACE, LONDON, SW1Y 4AR · 00442071845257

Reported Value
$253M
Q2 2022
Positions
4
Filings on Record
23
2019–present window
Filed
Jul 19, 2022
original filing

Summary

Helikon Investments Ltd reported $253M in U.S.-listed holdings across 4 positions for Q2 2022.

The portfolio is heavily concentrated: ELD alone accounts for 44.3% of reported value.

Compared with Q1 2022, the fund opened 0 new positions and exited 2.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $155MQ4 ’20Q1 ’21: $231MQ2 ’21: $359MQ3 ’21: $343MQ3 ’21Q4 ’21: $315MQ1 ’22: $333MQ2 ’22: $253MQ2 ’22Q3 ’22: $341MQ4 ’22: $532MQ1 ’23: $748MQ1 ’23Q2 ’23: $819MQ3 ’23: $819MQ4 ’23: $1.0BQ4 ’23Q1 ’24: $1.2BQ2 ’24: $1.1BQ3 ’24: $1.1BQ3 ’24Q4 ’24: $961MQ1 ’25: $1.3BQ2 ’25: $1.6BQ2 ’25Q3 ’25: $1.5BQ4 ’25: $1.9BQ1 ’26: $2.6BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 78.9%Other: 19.2%ADR: 1.9%
  • Common Stock · 78.9% · $200M
  • Other · 19.2% · $48M
  • ADR · 1.9% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VEON LTDSOLD OUT3.40M0$2M$0
TXTERNIUM SASOLD OUT15.0K0$685,000$0
VISTA ENERGY S.A.B. DE C.V.TRIMMED569.5K662.6K$6M$5M
ELDELDORADO GOLD CORP NEWADDED+5.31M17.56M$25M$112M
CGCENTERRA GOLD INCHELD210.9K12.95M$42M$87M
CORPORACION AMER ARPTS S AHELD+66.7K8.69M$3M$48M

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

Holdings — Q2 2022

4 positions
#IssuerClass% PortfolioValueShares
1ELDELDORADO GOLD CORP NEWCOM44.35%$112M17.56M
2CGCENTERRA GOLD INCCOM34.56%$87M12.95M
3CORPORACION AMER ARPTS S ACOM19.16%$48M8.69M
4VISTA ENERGY S.A.B. DE C.V.SPONSORED ADS1.94%$5M662.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.6B17May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.9B17Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.5B17Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.6B19Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.3B21May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$961M19Jan 22, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.1B19Oct 28, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.1B18Jul 30, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.2B17Apr 18, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.0B15Feb 12, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023$819M15Oct 31, 202313F-HRchanges · EDGAR ↗
Q2 2023$819M15Jul 28, 202313F-HRchanges · EDGAR ↗
Q1 2023$748M12May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022$532M8Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$341M6Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$253M4Jul 19, 202213F-HRchanges · EDGAR ↗
Q1 2022$333M6Apr 26, 202213F-HRchanges · EDGAR ↗
Q4 2021$315M4Jan 18, 202213F-HRchanges · EDGAR ↗
Q3 2021$343M3Oct 20, 202113F-HRchanges · EDGAR ↗
Q2 2021$359M4Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$231M3May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$155M4Feb 3, 202113F-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 ↗.