Managers / Q3 2024 · view latest →
Orion Resource Partners LP
CIK 0002032200 · 1045 AVENUE OF THE AMERICAS, NEW YORK, NY, 10018 · (212) 596-3497
Summary
Orion Resource Partners LP reported $735M in U.S.-listed holdings across 12 positions for Q3 2024.
The portfolio is heavily concentrated: AYS1 alone accounts for 39.2% of reported value.
Compared with Q2 2024, the fund opened 4 new positions and exited 10.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 100.0% · $735M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| STLDSTEEL DYNAMICS INC | NEW | +2.4K | 2.4K | +$304,861 | $304,861 |
| PDSPRECISION DRILLING CORP | NEW | +3.5K | 3.5K | +$212,754 | $212,754 |
| CDECOEUR MNG INC | NEW | +30.1K | 30.1K | +$206,772 | $206,772 |
| EFRENERGY FUELS INC | NEW | +32.3K | 32.3K | +$177,250 | $177,250 |
| SLSSOLARIS RES INC | SOLD OUT | −5.45M | 0 | −$15M | $0 |
| GROYGOLD ROYALTY CORP | SOLD OUT | −2.91M | 0 | −$4M | $0 |
| HBMHUDBAY MINERALS INC | SOLD OUT | −33.0K | 0 | −$299,012 | $0 |
| LNGCHENIERE ENERGY INC | SOLD OUT | −1.5K | 0 | −$259,797 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | AYS1SANDSTORM GOLD LTDhistory → | COM NEW | 39.16% | $288M | 47.97M |
| 2 | EQXEQUINOX GOLD CORPhistory → | COM | 34.80% | $256M | 42.00M |
| 3 | SKESKEENA RES LTD NEWhistory → | COM | 17.77% | $131M | 15.44M |
| 4 | IAUI-80 GOLD CORPhistory → | COM | 2.99% | $22M | 18.92M |
| 5 | DCDAKOTA GOLD CORPhistory → | COM | 2.89% | $21M | 9.01M |
| 6 | IEIVANHOE ELECTRIC INChistory → | COM | 2.24% | $16M | 1.95M |
| 7 | STLDSTEEL DYNAMICS INC | COM | 0.04% | $304,861 | 2.4K |
| 8 | PDSPRECISION DRILLING CORP | COM NEW | 0.03% | $212,754 | 3.5K |
| 9 | CDECOEUR MNG INC | COM NEW | 0.03% | $206,772 | 30.1K |
| 10 | EFRENERGY FUELS INC | COM NEW | 0.02% | $177,250 | 32.3K |
| 11 | EAFEURGRAFTECH INTL LTD | COM | 0.02% | $123,328 | 93.4K |
| 12 | UREUR-ENERGY INC | COM | 0.02% | $115,503 | 97.1K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $219M | 20 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $203M | 21 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $275M | 27 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $540M | 24 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $526M | 18 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024REVEALED | $490M | 21 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $735M | 12 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $662M | 18 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- ORION RESOURCE PARTNERS (USA) LP028-23084
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 ↗.