MASON HILL ADVISORS LLC

Q1 2014 13F-HR Holdings

Location
New York, NY
Holdings as of
3/31/2014
Date filed
5/9/2014
Form type
13F-HR
Num holdings
12
Total value ($000)
$176,683
Net value change ($000)
-29,821 (-14.4%)
New positions
0
Sold out positions
4
Turnover %
22.7%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
MAG SILVER CORP 11,440 28.9%
FSM 4,786 20.3%
BRK-B 887 4.9%
SPROTT PHYSICAL GOLD SILVER 709 3.5%
SPPP 76 10.7%
DNN 46 21.3%
SILVERCREST MINES INC 27 7.3%
EURASIAN MINERALS INC 4 0.1%
Top Reduces (Value $000, Stocks/ETFs)
TAHOE RES INC -27,463 -100.0%
SAND -8,754 -100.0%
MRC GLOBAL INC. -7,019 -16.4%
GTE -3,654 -100.0%
BTG -546 -3.3%
ALMADEN MINERALS LTD NPV Common Stock -266 -100.0%
ALAMOS GOLD INC -81 -25.3%
AXXDF -13 -7.6%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type