Acasta Partners UK LLP
Long book
$20.0M
Q1 2026
Positions
10
Top-10 weight
100%
concentration
Last quarter
-0.4%
SPY +14.8%
Turnover
27%
of book per quarter
Strategy in plain words
auto-generated from filingsAcasta Partners UK LLP is an institutional manager, specialised in materials (84% of the long book), running a $20.0M US long book across 10 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHR IBX USD HIYLD CB ETF-UI, HUDBAY MINERALS INC, CAMECO CORP, SSR MINING INC, BARRICK MINING CORP.
Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2025
+5.6%
Q1 2026
-0.4%
Sector allocation
Materials 84%
Financials 16%
Long book by quarter
What does Acasta Partners own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| HBM HUDBAY MINERALS INC | Materials | 102.7K | $2.1M | 10.7% | +12.0% |
| CCJ CAMECO CORP | Materials | 19.5K | $2.1M | 10.6% | +21.9% |
| SSRM SSR MINING INC | Financials | 64.0K | $1.9M | 9.4% | New |
| B BARRICK MINING CORP | Materials | 40.5K | $1.7M | 8.3% | -50.0% |
| TECK TECK RESOURCES LTD-CLS B | Materials | 21.1K | $1.1M | 5.4% | +16.6% |
| ISOU ISOENERGY LTD | Materials | 80.0K | $847K | 4.2% | New |
| UEC URANIUM ENERGY CORP | Materials | 60.0K | $810K | 4.0% | +39.5% |
| NXE NEXGEN ENERGY LTD | Materials | 67.0K | $777K | 3.9% | +59.5% |
| FCX FREEPORT-MCMORAN INC | Materials | 10.1K | $594K | 3.0% | -90.0% |