Orion Resource Partners (USA) LP
Orion Resource Partners (USA) LP, managed by Oskar Lewnowski, reported 24 positions worth $219.43M in its 2026 Q2 13F filing: 12 new and 8 closed.
Estimated return
Since 2025 Q2 the disclosed positions returned an estimated +104.0% against +34.4% for the S&P 500. Price-only return of the fund's top 100 US longs at each quarter start, vs the S&P 500 over the same windows. Not the fund's actual return (no trades, fees, shorts, derivatives, cash).
| Quarter | Fund | S&P 500 |
|---|---|---|
| 2025 Q2 | +13.0% | +11.4% |
| 2025 Q3 | +38.2% | +7.6% |
| 2025 Q4 | +29.4% | +3.1% |
| 2026 Q1 | +11.1% | -5.8% |
| 2026 Q2 | -9.2% | +15.5% |
Top holdings, 2026 Q2
| Ticker | Company | Value | Portfolio % | Change |
|---|---|---|---|---|
| SKE | SKEENA RES LTD NEW | $73.91M | 33.70% | NO CHANGE |
| SLSR | SOLARIS RES INC | $22.63M | 10.30% | NO CHANGE |
| DC | DAKOTA GOLD CORP | $17.81M | 8.10% | NO CHANGE |
| VMET | VERSAMET ROYALTIES CORP | $12.64M | 5.80% | NEW |
| SQM | SOCIEDAD QUIMICA Y MINERA DE | $10.06M | 4.60% | +6.7% |
| CCJ | CAMECO CORP | $7.97M | 3.60% | +149.4% |
| CGAU | CENTERRA GOLD INC | $7.81M | 3.60% | NEW |
| TECK | TECK RESOURCES LTD | $6.69M | 3.00% | NEW |
| SVM | SILVERCORP METALS INC | $5.64M | 2.60% | -15.8% |
| PDS | PRECISION DRILLING CORP | $4.81M | 2.20% | NEW |
| FLR | FLUOR CORP | $4.78M | 2.20% | NEW |
| MEOH | METHANEX CORP | $4.46M | 2.00% | +4.8% |
| CF | CF INDUSTRIES HOLD | $4.41M | 2.00% | NEW |
| EGO | ELDORADO GOLD CORP NEW | $4.39M | 2.00% | NEW |
| DNN | DENISON MINES CORP | $4.29M | 2.00% | NEW |
| OGC | OCEANAGOLD CORP | $4.17M | 1.90% | NEW |
| FCX | FREEPORT MCMORAN INC | $4.07M | 1.90% | -0.2% |
| HBM | HUDBAY MINERALS INC | $4.03M | 1.80% | NEW |
| CENX | CENTURY ALUM CO | $3.85M | 1.80% | +21.7% |
| LAR | LITHIUM ARGENTINA AG | $3.28M | 1.50% | +79.3% |
| MOS | MOSAIC CO | $2.07M | 0.94% | NEW |
| FNV | FRANCO NEV CORP | $1.95M | 0.89% | -36.8% |
| STLD | STEEL DYNAMICS INC | $1.95M | 0.89% | -67.8% |
| NXE | NEXGEN ENERGY LTD | $1.76M | 0.80% | NEW |
All funds · Hedge Fund Tracker
Source: SEC EDGAR 13F filings, reported as of quarter end and filed up to 45 days later. Not investment advice.