Q2 2025 · 13F-HR
ARMOR ADVISORS, L.L.C.holdings as filed
Filed 2025-08-14 · accession 0001600698-25-000014
$190.9M
Reported value
18
Positions
2025-06-30
Period end
The Brief · ARMOR ADVISORS, L.L.C. · Q2 2025
AI · grounded in 13F
ARMOR ADVISORS, L.L.C. established a new position in GLD valued at $42.7M. The fund also initiated new stakes in SPY for $27.8M and CRH PLC for $21.2M. Additional new positions include NAVIOS MARITIME PARTNERS L P at $19.1M, FNV at $13.8M, and RGLD at $11.3M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78463V107 | GLD | SPDR GOLD TR | $42.7M | 22.4% | 140,000 | CALL | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $27.8M | 14.6% | 45,000 | PUT | SOLE |
| G25508105 | CRH | CRH PLC | $21.2M | 11.1% | 230,849 | Common | SOLE |
| 351858105 | FNV | FRANCO NEV CORP | $13.8M | 7.24% | 84,312 | Common | SOLE |
| Y62267409 | NMM | NAVIOS MARITIME PARTNERS L P | $11.7M | 6.12% | 310,000 | CALL | SOLE |
| 780287108 | RGLD | ROYAL GOLD INC | $11.3M | 5.93% | 63,605 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $9.1M | 4.76% | 107,009 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $8.3M | 4.35% | 38,136 | Common | SOLE |
| 464288513 | HYG | ISHARES TR | $8.1M | 4.23% | 100,000 | PUT | SOLE |
| Y62267409 | NMM | NAVIOS MARITIME PARTNERS L P | $7.4M | 3.87% | 196,105 | Common | SOLE |
| Y8162K204 | SBLK | STAR BULK CARRIERS CORP | $5.7M | 2.97% | 328,390 | Common | SOLE |
| G4705A100 | ICLR | ICON PLC | $5.0M | 2.62% | 34,342 | Common | SOLE |
| 31946M103 | FCNCA | FIRST CTZNS BANCSHARES INC N | $4.9M | 2.57% | 2,503 | Common | SOLE |
| G4233B109 | HAFNIO | HAFNIA LTD | $4.1M | 2.16% | 825,376 | Common | SOLE |
| 056752108 | BIDU | BAIDU INC | $3.6M | 1.89% | 42,000 | Common | SOLE |
| M46528101 | FRO | FRONTLINE PLC | $3.1M | 1.64% | 190,332 | Common | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $2.4M | 1.25% | 72,777 | Common | SOLE |
| 811916105 | SA | SEABRIDGE GOLD INC | $771,622 | 0.40% | 53,142 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.