Fund Holdings

ARMOR ADVISORS, L.L.C.

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
SPDR GOLD TR(GLD)(Put)0150,000+150,000053,320,500+53,320,500
CRH PLC230,849213,349-17,50021,191,93825,580,54524.24%+4,388,607
ISHARES SILVER TR(SLV)72,777123,277+50,5002,387,8135,223,2464.95%+2,835,433
NAVIOS MARITIME PARTNERS L P(NMM)(Call)310,000310,000011,680,80013,965,500+2,284,700
ICON PLC(ICLR)34,34238,934+4,5924,995,0446,813,4506.46%+1,818,406
NAVIOS MARITIME PARTNERS L P(NMM)196,105201,776+5,6717,389,2369,090,0098.61%+1,700,773
FRONTLINE PLC(FRO)190,332210,332+20,0003,123,3484,793,4664.54%+1,670,118
HAFNIA LTD825,376825,37604,118,6264,944,0024.69%+825,376
SEABRIDGE GOLD INC(SA)53,14253,1420771,6221,283,3791.22%+511,757
ROYAL GOLD INC(RGLD)63,60558,805-4,80011,311,51311,795,10711.18%+483,594
STAR BULK CARRIERS CORP(SBLK)328,390328,39005,664,7286,104,7705.79%+440,042
FRANCO NEV CORP(FNV)84,31263,812-20,50013,820,42314,224,33313.48%+403,910
KASPI KZ JSC(KSPI)107,009115,880+8,8719,083,9949,465,0788.97%+381,084
FIRST CTZNS BANCSHARES INC N(FCNCA)2,5031,537-9664,897,0442,749,9392.61%-2,147,105
BAIDU INC42,0000-42,0003,601,9200-3,601,920
FERGUSON ENTERPRISES INC(FERG)38,13615,386-22,7508,304,1143,455,3883.27%-4,848,726
ISHARES TR(Put)100,0000-100,0008,065,0000-8,065,000
SPDR S&P 500 ETF TR(SPY)(Put)45,00010,000-35,00027,803,2506,661,800-21,141,450
SPDR GOLD TR(GLD)(Call)140,0000-140,00042,676,2000-42,676,200
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