SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Mudita Advisors LLP

CIK 0001907809 · 8 ST JAMES'S SQUARE, 6TH FLOOR, LONDON, X0, SW1Y 4JU · 442038487530

Reported Value
$111M
Q4 2021
Positions
21
Filings on Record
18
2019–present window
Filed
Feb 14, 2022
original filing

Summary

Mudita Advisors LLP reported $111M in U.S.-listed holdings across 21 positions for Q4 2021.

Its largest position, CNQ, represents 10.1% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+74.5%
share of reported value
Largest Position
+10.1%
Canadian Nat Res

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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 ’21: $111MQ4 ’21Q1 ’22: $150MQ2 ’22: $124MQ3 ’22: $108MQ3 ’22Q4 ’22: $115MQ1 ’23: $112MQ2 ’23: $131MQ2 ’23Q3 ’23: $137MQ4 ’23: $144MQ1 ’24: $168MQ1 ’24Q2 ’24: $195MQ3 ’24: $183MQ4 ’24: $178MQ4 ’24Q1 ’25: $198MQ2 ’25: $298MQ3 ’25: $346MQ3 ’25Q4 ’25: $463MQ1 ’26: $490Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 87.0%MLP: 9.3%ADR: 3.7%
  • Common Stock · 87.0% · $96M
  • MLP · 9.3% · $10M
  • ADR · 3.7% · $4M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
CNQCANADIAN NAT RES LTDNEW+265.5K265.5K+$11M$11M
AMNAMN HEALTHCARE SVCS INCNEW+90.3K90.3K+$11M$11M
HGVHILTON GRAND VACATIONS INCNEW+210.0K210.0K+$11M$11M
BSMBLACK STONE MINERALS L PNEW+1.00M1.00M+$10M$10M
NOCNORTHROP GRUMMAN CORPNEW+21.7K21.7K+$8M$8M
APOLLO GLOBAL MGMT INCNEW+109.5K109.5K+$8M$8M
MOSMOSAIC CO NEWNEW+185.1K185.1K+$7M$7M
ABXBARRICK GOLD CORPNEW+305.0K305.0K+$6M$6M

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

Holdings — Q4 2021

21 positions
#IssuerClass% PortfolioValueShares
1CNQCANADIAN NAT RES LTDhistory →COM10.12%$11M265.5K
2AMNAMN HEALTHCARE SVCS INChistory →COM9.97%$11M90.3K
3HGVHILTON GRAND VACATIONS INChistory →COM9.87%$11M210.0K
4BSMBLACK STONE MINERALS L Phistory →COM UNIT9.35%$10M1.00M
5NOCNORTHROP GRUMMAN CORPhistory →COM7.58%$8M21.7K
6APOLLO GLOBAL MGMT INCCOM CL A7.15%$8M109.5K
7MOSMOSAIC CO NEWhistory →COM6.56%$7M185.1K
8ABXBARRICK GOLD CORPhistory →COM5.23%$6M305.0K
9NGDNNEW GOLD INC CDAhistory →COM4.49%$5M3.32M
10ESTAESTABLISHMENT LABS HLDGS INChistory →COM4.17%$5M68.4K
11VALEVALE S Ahistory →SPONSORED ADS3.67%$4M290.0K
12AGIALAMOS GOLD INC NEWhistory →COM CL A3.47%$4M500.0K
13LWLAMB WESTON HLDGS INChistory →COM3.39%$4M59.3K
14ARLOARLO TECHNOLOGIES INChistory →COM3.08%$3M325.0K
15AZTAAZENTA INChistory →COM2.72%$3M29.0K
16SHCSOTERA HEALTH COhistory →COM2.04%$2M96.1K
17UPWKUPWORK INChistory →COM1.85%$2M60.0K
18MAG SILVER CORPCOM1.77%$2M125.0K
19SFIXSTITCH FIX INChistory →COM CL A1.71%$2M100.0K
20OPTUALTICE USA INChistory →CL A1.17%$1M80.0K
21EXPEEXPEDIA GROUP INCCOM NEW0.65%$723,0004.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$490M28May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$463M21Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$346M19Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$298M19Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$198M17May 19, 202513F-HRchanges · EDGAR ↗
Q4 2024$178M18Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$183M17Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$195M18Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$168M16May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$144M16Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$137M17Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$131M17Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$112M16May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$115M18Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$108M20Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$124M18Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$150M18May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$111M21Feb 14, 202213F-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 ↗.