Moon Capital Management LP
Moon Capital Management LP reported 14 US-listed holdings worth $148.1 million in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: iShares Gold Trust (79.5%), Vaneck ETF Trust (3.0%) and I-80 Gold Corp. (3.0%). Against the quarter before, it opened 2 positions, added to 4, trimmed 4 and sold out of 1.
The 14 largest of its 14 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +40.0% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 2
- Borgwarner Inc. BWA$3.7 million
- General Motors Co. GM$2.0 million
Added to 4
- Adient plc ADNT+35,752 shares · +36%
- PDD Holdings Inc. PDD+8,592 shares · +87%
- Sea Limited SE+1,852 shares · +11%
- I-80 Gold Corp. IAUX+42,678 shares · +1%
Trimmed 4
- Aptiv plc APTV-25,413 shares · -31%
- Asbury Automotive Group Inc. ABG-1,551 shares · -24%
- Group 1 Automotive Inc. GPI-676 shares · -11%
- Lithia Motors Inc. LAD-260 shares · -5%
Sold out of 1
- Credicorp Ltd BAP$434,829 last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| iShares Gold Trust IAU | 1.6M | $117.8 million | 79.53% | no change |
| Vaneck ETF Trust GDX | 59.1K | $4.5 million | 3.01% | no change |
| I-80 Gold Corp. IAUX | 3.0M | $4.4 million | 3.00% | +42.7K |
| Borgwarner Inc. BWA | 56.2K | $3.7 million | 2.52% | new |
| Aptiv plc APTV | 56.5K | $3.5 million | 2.34% | -25.4K |
| Adient plc ADNT | 135.9K | $2.5 million | 1.69% | +35.8K |
| Vaneck ETF Trust GDXJ | 23.9K | $2.4 million | 1.59% | no change |
| General Motors Co. GM | 25.6K | $2.0 million | 1.33% | new |
| Sea Limited SE | 18.0K | $1.7 million | 1.17% | +1.9K |
| Group 1 Automotive Inc. GPI | 5.3K | $1.5 million | 1.05% | -676 |
| PDD Holdings Inc. PDD | 18.5K | $1.4 million | 0.95% | +8.6K |
| Lithia Motors Inc. LAD | 4.7K | $1.4 million | 0.92% | -260 |
| Asbury Automotive Group Inc. ABG | 5.0K | $1.0 million | 0.68% | -1.6K |
| iShares Inc. EWZ | 9.6K | $331,097 | 0.22% | no change |