# EDGAR Filing Document

**Accession Number:** 0001577774
**File Stem:** 0001569369-25-000006
**Filing Date:** 2025-8
**Character Count:** 14928
**Document Hash:** bbae74848c92ce257da02772ed41be44
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001569369-25-000006.hdr.sgml**: 20250805

**ACCESSION NUMBER**: 0001569369-25-000006

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250805

**DATE AS OF CHANGE**: 20250804

**EFFECTIVENESS DATE**: 20250805

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Regal Partners Ltd
- **CENTRAL INDEX KEY:** 0001577774

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** C3
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15536
- **FILM NUMBER:** 251182507

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** GATEWAY BUILDING  LEVEL 46
- **STREET 2:** 1 MACQUARIE PLACE
- **CITY:** SYDNEY
- **NON US STATE TERRITORY:** NSW
- **PROVINCE COUNTRY:** C3
- **ZIP:** 2000
- **BUSINESS PHONE:** 001161281974358

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** GATEWAY BUILDING  LEVEL 46
- **STREET 2:** 1 MACQUARIE PLACE
- **CITY:** SYDNEY
- **NON US STATE TERRITORY:** NSW
- **PROVINCE COUNTRY:** C3
- **ZIP:** 2000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VGI Partners Ltd
- **DATE OF NAME CHANGE:** 20190814

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VGI PARTNERS PTY Ltd
- **DATE OF NAME CHANGE:** 20130523

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Regal Partners Ltd<br>**Address:** GATEWAY BUILDING  LEVEL 46<br>1 MACQUARIE PLACE<br>SYDNEY, C3 2000

**Form 13F File Number:** 028-15536

**CRD Number (if applicable):** 000165751

**SEC File Number (if applicable):** 801-77723

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Greg Laughin<br>**Title:** Compliance Officer<br>**Phone:** 0116566541755

**Signature, Place, and Date of Signing:**

Greg Laughin  Singapore, U0  08-04-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 2

**Form 13F Information Table Entry Total:** 106

**Form 13F Information Table Value Total:** $1183328939

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name                           | Form 13F File Number   |
|:---|:---|:---|
|  | PM CAPITAL Ltd                 | 028-16861              |
|  | REGAL FUNDS MANAGEMENT PTY LTD |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Alcoa Corp | COM | 013872106 |  | 3368360 | 114143 | SH |  | DFND |  | 114143 | 0 | 0 |
| Agnico Eagle Mines Ltd | COM | 008474108 |  | 4844614 | 40735 | SH |  | DFND |  | 40735 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 21964669 | 100117 | SH |  | DFND |  | 100117 | 0 | 0 |
| Peabody Energy Corp | COM | 704551100 |  | 258724 | 19279 | SH |  | DFND |  | 19279 | 0 | 0 |
| Cameco Corp | COM | 13321L108 |  | 3025318 | 40756 | SH |  | DFND |  | 40756 | 0 | 0 |
| Freeport-McMoRan Inc | CL B | 35671D857 |  | 18879359 | 435510 | SH |  | DFND |  | 435510 | 0 | 0 |
| GE HealthCare Technologies Inc | COMMON STOCK | 36266G107 |  | 15852758 | 214024 | SH |  | DFND |  | 214024 | 0 | 0 |
| Alphabet Inc | CAP STK CL C | 02079K107 |  | 802867 | 4526 | SH |  | DFND |  | 4526 | 0 | 0 |
| Hudbay Minerals Inc | COM | 443628102 |  | 5305212 | 500020 | SH |  | DFND |  | 500020 | 0 | 0 |
| IREN Ltd | ORDINARY SHARES | Q4982L109 |  | 180683 | 12401 | SH |  | DFND |  | 12401 | 0 | 0 |
| Kinross Gold Corp | COM | 496902404 |  | 2135965 | 136658 | SH |  | DFND |  | 136658 | 0 | 0 |
| Lithium Argentina AG | COM SHS | H5012F103 |  | 75795 | 36440 | SH |  | DFND |  | 36440 | 0 | 0 |
| Meta Platforms Inc | CL A | 30303M102 |  | 12069248 | 16352 | SH |  | DFND |  | 16352 | 0 | 0 |
| MAC Copper Ltd | ORD SHS | G60409110 |  | 2378937 | 196769 | SH |  | DFND |  | 196769 | 0 | 0 |
| Nucor Corp | COM | 670346105 |  | 1862397 | 14377 | SH |  | DFND |  | 14377 | 0 | 0 |
| News Corp | CL B | 65249B208 |  | 1169697 | 34092 | SH |  | DFND |  | 34092 | 0 | 0 |
| Opthea Ltd | SPONSORED ADS | 68386J208 |  | 0 | 4109018 | SH |  | DFND |  | 4109018 | 0 | 0 |
| Southern Copper Corp | COM | 84265V105 |  | 2122243 | 20977 | SH |  | DFND |  | 20977 | 0 | 0 |
| Sprott Inc | COM NEW | 852066208 |  | 8685235 | 125709 | SH |  | DFND |  | 125709 | 0 | 0 |
| Sanofi SA | SPONSORED ADR | 80105N105 |  | 7247176 | 150014 | SH |  | DFND |  | 150014 | 0 | 0 |
| Steel Dynamics Inc | COM | 858119100 |  | 1469683 | 11481 | SH |  | DFND |  | 11481 | 0 | 0 |
| Teck Resources Ltd | CL B | 878742204 |  | 13414519 | 332207 | SH |  | DFND |  | 332207 | 0 | 0 |
| Tradeweb Markets Inc | CL A | 892672106 |  | 12085759 | 82553 | SH |  | DFND |  | 82553 | 0 | 0 |
| Uber Technologies Inc | COM | 90353T100 |  | 1039269 | 11139 | SH |  | DFND |  | 11139 | 0 | 0 |
| Vale SA | SPONSORED ADS | 91912E105 |  | 1715407 | 176664 | SH |  | DFND |  | 176664 | 0 | 0 |
| Alcoa Corp | COM | 013872106 |  | 9094539 | 308185 | SH |  | DFND | 2 | 0 | 308185 | 0 |
| Agnico Eagle Mines Ltd | COM | 008474108 |  | 12181167 | 102423 | SH |  | DFND | 2 | 0 | 102423 | 0 |
| Amazon.com Inc | COM | 023135106 |  | 3737528 | 17036 | SH |  | DFND | 2 | 0 | 17036 | 0 |
| American Public Education Inc | COM | 02913V103 |  | 223515 | 7338 | SH |  | DFND | 2 | 0 | 7338 | 0 |
| AppLovin Corp | COM CL A | 03831W108 |  | 471908 | 1348 | SH |  | DFND | 2 | 0 | 1348 | 0 |
| Barrick Mining Corp | COM SHS | 06849F108 |  | 6121621 | 294026 | SH |  | DFND | 2 | 0 | 294026 | 0 |
| KE Holdings Inc | SPONSORED ADS | 482497104 |  | 2179412 | 122853 | SH |  | DFND | 2 | 0 | 122853 | 0 |
| Peabody Energy Corp | COM | 704551100 |  | 293925 | 21902 | SH |  | DFND | 2 | 0 | 21902 | 0 |
| Cameco Corp | COM | 13321L108 |  | 5459394 | 73547 | SH |  | DFND | 2 | 0 | 73547 | 0 |
| ConocoPhillips | COM | 20825C104 |  | 697100 | 7768 | SH |  | DFND | 2 | 0 | 7768 | 0 |
| Core Scientific Inc | COM | 21874A106 |  | 10672386 | 625213 | SH |  | DFND | 2 | 0 | 625213 | 0 |
| Pacer US Cash Cows 100 ETF | US CASH COWS 100 | 69374H881 |  | 248721 | 4514 | SH |  | DFND | 2 | 0 | 4514 | 0 |
| Crowdstrike Holdings Inc | CL A | 22788C105 |  | 254655 | 500 | SH |  | DFND | 2 | 0 | 500 | 0 |
| Dave Inc | CLASS A COM NEW | 23834J201 |  | 796104 | 2966 | SH |  | DFND | 2 | 0 | 2966 | 0 |
| Denison Mines Corp | COM | 248356107 |  | 898070 | 493445 | SH |  | DFND | 2 | 0 | 493445 | 0 |
| Freeport-McMoRan Inc | CL B | 35671D857 |  | 22171574 | 511455 | SH |  | DFND | 2 | 0 | 511455 | 0 |
| First Trust Dow Jones Internet | DJ INTERNT IDX | 33733E302 |  | 258018 | 958 | SH |  | DFND | 2 | 0 | 958 | 0 |
| Comfort Systems USA Inc | COM | 199908104 |  | 375347 | 700 | SH |  | DFND | 2 | 0 | 700 | 0 |
| VanEck Gold Miners ETF/USA | GOLD MINERS ETF | 92189F106 |  | 277428 | 5329 | SH |  | DFND | 2 | 0 | 5329 | 0 |
| VanEck Junior Gold Miners ETF | JUNIOR GOLD MINE | 92189F791 |  | 255828 | 3785 | SH |  | DFND | 2 | 0 | 3785 | 0 |
| GE HealthCare Technologies Inc | COMMON STOCK | 36266G107 |  | 1440958 | 19454 | SH |  | DFND | 2 | 0 | 19454 | 0 |
| Grab Holdings Ltd | CLASS A ORD | G4124C109 |  | 349394 | 69462 | SH |  | DFND | 2 | 0 | 69462 | 0 |
| Hudbay Minerals Inc | COM | 443628102 |  | 8354378 | 787406 | SH |  | DFND | 2 | 0 | 787406 | 0 |
| Hartford Insurance Group Inc/T | COM | 416515104 |  | 3323740 | 26198 | SH |  | DFND | 2 | 0 | 26198 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 568053 | 6067 | SH |  | DFND | 2 | 0 | 6067 | 0 |
| Hubbell Inc | COM | 443510607 |  | 260974 | 639 | SH |  | DFND | 2 | 0 | 639 | 0 |
| iShares Core S Mid-Cap ETF | CORE S MCP ETF | 464287507 |  | 252856 | 4077 | SH |  | DFND | 2 | 0 | 4077 | 0 |
| IREN Ltd | ORDINARY SHARES | Q4982L109 |  | 11771205 | 807907 | SH |  | DFND | 2 | 0 | 807907 | 0 |
| JPMorgan Equity Premium Income | EQUITY PREMIUM | 46641Q332 |  | 253039 | 4451 | SH |  | DFND | 2 | 0 | 4451 | 0 |
| Kinross Gold Corp | COM | 496902404 |  | 6355658 | 406632 | SH |  | DFND | 2 | 0 | 406632 | 0 |
| Lithium Argentina AG | COM SHS | H5012F103 |  | 56156 | 26998 | SH |  | DFND | 2 | 0 | 26998 | 0 |
| Life360 Inc | COM | 532206109 |  | 326250 | 5000 | SH |  | DFND | 2 | 0 | 5000 | 0 |
| Meta Platforms Inc | CL A | 30303M102 |  | 1310110 | 1775 | SH |  | DFND | 2 | 0 | 1775 | 0 |
| Monday.com Ltd | SHS | M7S64H106 |  | 471720 | 1500 | SH |  | DFND | 2 | 0 | 1500 | 0 |
| MAC Copper Ltd | ORD SHS | G60409110 |  | 2464849 | 203875 | SH |  | DFND | 2 | 0 | 203875 | 0 |
| Newmont Corp | COM | 651639106 |  | 9421108 | 161708 | SH |  | DFND | 2 | 0 | 161708 | 0 |
| Norfolk Southern Corp | COM | 655844108 |  | 249827 | 976 | SH |  | DFND | 2 | 0 | 976 | 0 |
| Nucor Corp | COM | 670346105 |  | 7680038 | 59287 | SH |  | DFND | 2 | 0 | 59287 | 0 |
| News Corp | CL B | 65249B208 |  | 972105 | 28333 | SH |  | DFND | 2 | 0 | 28333 | 0 |
| NexGen Energy Ltd | COM | 65340P106 |  | 312300 | 45000 | SH |  | DFND | 2 | 0 | 45000 | 0 |
| Opthea Ltd | SPONSORED ADS | 68386J208 |  | 0 | 1084670 | SH |  | DFND | 2 | 0 | 1084670 | 0 |
| Oscar Health Inc | CL A | 687793109 |  | 482400 | 22500 | SH |  | DFND | 2 | 0 | 22500 | 0 |
| Pinterest Inc | CL A | 72352L106 |  | 322740 | 9000 | SH |  | DFND | 2 | 0 | 9000 | 0 |
| Prudential Financial Inc | COM | 744320102 |  | 1971954 | 18354 | SH |  | DFND | 2 | 0 | 18354 | 0 |
| Invesco QQQ Trust Series 1 | UNIT SER 1 | 46090E103 |  | 252099 | 457 | SH |  | DFND | 2 | 0 | 457 | 0 |
| iShares MSCI USA Quality Facto | MSCI USA QLT FCT | 46432F339 |  | 255948 | 1400 | SH |  | DFND | 2 | 0 | 1400 | 0 |
| Radiopharm Theranostics Ltd | SPONSORED ADS | 75041J101 |  | 421818 | 90909 | SH |  | DFND | 2 | 0 | 90909 | 0 |
| ResMed Inc | COM | 761152107 |  | 593400 | 2300 | SH |  | DFND | 2 | 0 | 2300 | 0 |
| Republic Services Inc | COM | 760759100 |  | 249816 | 1013 | SH |  | DFND | 2 | 0 | 1013 | 0 |
| Southern Copper Corp | COM | 84265V105 |  | 2411083 | 23832 | SH |  | DFND | 2 | 0 | 23832 | 0 |
| Schwab U.S. Large-Cap Growth E | US LCAP GR ETF | 808524300 |  | 251381 | 8606 | SH |  | DFND | 2 | 0 | 8606 | 0 |
| Schwab U.S. REIT ETF | US REIT ETF | 808524847 |  | 246535 | 11651 | SH |  | DFND | 2 | 0 | 11651 | 0 |
| Sezzle Inc | COM | 78435P105 |  | 623790 | 3480 | SH |  | DFND | 2 | 0 | 3480 | 0 |
| Sprott Inc | COM NEW | 852066208 |  | 893472 | 12932 | SH |  | DFND | 2 | 0 | 12932 | 0 |
| Sanofi SA | SPONSORED ADR | 80105N105 |  | 991080 | 20515 | SH |  | DFND | 2 | 0 | 20515 | 0 |
| SoFi Technologies Inc | COM | 83406F102 |  | 628482 | 34513 | SH |  | DFND | 2 | 0 | 34513 | 0 |
| Invesco S 500 Low Volatility | S LOW VOL | 46138E354 |  | 254870 | 3500 | SH |  | DFND | 2 | 0 | 3500 | 0 |
| Spotify Technology SA | SHS | L8681T102 |  | 590084 | 769 | SH |  | DFND | 2 | 0 | 769 | 0 |
| Steel Dynamics Inc | COM | 858119100 |  | 1693828 | 13232 | SH |  | DFND | 2 | 0 | 13232 | 0 |
| Teck Resources Ltd | CL B | 878742204 |  | 1543324 | 38220 | SH |  | DFND | 2 | 0 | 38220 | 0 |
| Toast Inc | CL A | 888787108 |  | 221450 | 5000 | SH |  | DFND | 2 | 0 | 5000 | 0 |
| Tradeweb Markets Inc | CL A | 892672106 |  | 2107428 | 14395 | SH |  | DFND | 2 | 0 | 14395 | 0 |
| Vale SA | SPONSORED ADS | 91912E105 |  | 2089475 | 215188 | SH |  | DFND | 2 | 0 | 215188 | 0 |
| Vizsla Silver Corp | COM NEW | 92859G608 |  | 2263800 | 770000 | SH |  | DFND | 2 | 0 | 770000 | 0 |
| Communication Services Select | COMMUNICATION | 81369Y852 |  | 260472 | 2400 | SH |  | DFND | 2 | 0 | 2400 | 0 |
| Zeta Global Holdings Corp | CL A | 98956A105 |  | 154900 | 10000 | SH |  | DFND | 2 | 0 | 10000 | 0 |
| Viper Energy Inc | CL A | 927959106 |  | 2103327 | 55162 | SH |  | DFND | 2 | 0 | 55162 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 68042413 | 479611 | SH |  | DFND | 1 | 0 | 479611 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 95505719 | 2018295 | SH |  | DFND | 1 | 0 | 2018295 | 0 |
| Freeport-McMoRan Inc | CL B | 35671D857 |  | 83177726 | 1918748 | SH |  | DFND | 1 | 0 | 1918748 | 0 |
| Fox Corp | CL B COM | 35137L204 |  | 36917980 | 715049 | SH |  | DFND | 1 | 0 | 715049 | 0 |
| Alphabet Inc | CAP STK CL C | 02079K107 |  | 42863100 | 241632 | SH |  | DFND | 1 | 0 | 241632 | 0 |
| Newmont Corp | COM | 651639106 |  | 112307569 | 1927696 | SH |  | DFND | 1 | 0 | 1927696 | 0 |
| Royalty Pharma PLC | SHS CLASS A | G7709Q104 |  | 48467412 | 1345196 | SH |  | DFND | 1 | 0 | 1345196 | 0 |
| SANOFI | SPONSORED ADR | 80105N105 |  | 66555479 | 1377675 | SH |  | DFND | 1 | 0 | 1377675 | 0 |
| Teck Resources Ltd | CL B | 878742204 |  | 107545185 | 2663328 | SH |  | DFND | 1 | 0 | 2663328 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 39456394 | 917804 | SH |  | DFND | 1 | 0 | 917804 | 0 |
| Uber Technologies Inc | COM | 90353T100 |  | 23770134 | 254771 | SH |  | DFND | 1 | 0 | 254771 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 57674222 | 719848 | SH |  | DFND | 1 | 0 | 719848 | 0 |
| Wynn Resorts Ltd | COM | 983134107 |  | 102248111 | 1091578 | SH |  | DFND | 1 | 0 | 1091578 | 0 |
| GOLD ROYALTY CORP | COMMON SHARES | 38071H106 |  | 101687 | 46012 | SH |  | DFND |  | 46012 | 0 | 0 |

---