# EDGAR Filing Document

**Accession Number:** 0002008506
**File Stem:** 0001085146-25-005307
**Filing Date:** 2025-8
**Character Count:** 10068
**Document Hash:** dd2853982925827a654c908df5eff25e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-25-005307.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0001085146-25-005307

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250331

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**EFFECTIVENESS DATE**: 20250815

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Glenorchy Capital Ltd
- **CENTRAL INDEX KEY:** 0002008506

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23578
- **FILM NUMBER:** 251222688

**BUSINESS ADDRESS:**
- **STREET 1:** DESMONDS ROAD
- **CITY:** BOOROLITE
- **STATE:** C3
- **ZIP:** 3723
- **BUSINESS PHONE:** 61416433041

**MAIL ADDRESS:**
- **STREET 1:** DESMONDS ROAD
- **CITY:** BOOROLITE
- **STATE:** C3
- **ZIP:** 3723

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2025

**Check here if Amendment** [x] **Amendment Number:** 1

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

[x] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Glenorchy Capital Ltd<br>**Address:** DESMONDS ROAD<br>BOOROLITE, C3 3723

**Form 13F File Number:** 028-23578

**CRD Number (if applicable):** 000305636

**SEC File Number (if applicable):** 801-117456

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:** Brad McFadden<br>**Title:** CCO<br>**Phone:** 61416433041

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

/s/Brad McFadden  Boorolite, C3  08-14-2025<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:** 0

**Form 13F Information Table Entry Total:** 64

**Form 13F Information Table Value Total:** $162776597

      (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.]

**NONE**

### 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 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 2556179 | 63209 | SH |  | SOLE |  | 0 | 0 | 63209 |
| ARDMORE SHIPPING CORP | COM | Y0207T100 |  | 1241592 | 126822 | SH |  | SOLE |  | 0 | 0 | 126822 |
| BANCO BBVA ARGENTINA S A | SPONSORED ADS | 058934100 |  | 5179597 | 285849 | SH |  | SOLE |  | 0 | 0 | 285849 |
| BANCO MACRO SA | SPON ADR B | 05961W105 |  | 3898770 | 51632 | SH |  | SOLE |  | 0 | 0 | 51632 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 714058 | 17260 | SH |  | SOLE |  | 0 | 0 | 17260 |
| BW LPG LTD | COM | Y10230103 |  | 554109 | 51097 | SH |  | SOLE |  | 0 | 0 | 51097 |
| CENTRAL PUERTO S A | SPONSORED ADR | 155038201 |  | 3689502 | 332687 | SH |  | SOLE |  | 0 | 0 | 332687 |
| CIVITAS RESOURCES INC | COM NEW | 17888H103 |  | 288899 | 8280 | SH |  | SOLE |  | 0 | 0 | 8280 |
| CNX RES CORP | COM | 12653C108 |  | 2247359 | 71390 | SH |  | SOLE |  | 0 | 0 | 71390 |
| COMSTOCK RES INC | COM | 205768302 |  | 4073348 | 200262 | SH |  | SOLE |  | 0 | 0 | 200262 |
| CORE NATURAL RESOURCES INC | COM SHS | 218937100 |  | 1334546 | 17309 | SH |  | SOLE |  | 0 | 0 | 17309 |
| CRESUD S A C I F Y A | SPONSORED ADR | 226406106 |  | 3867150 | 349968 | SH |  | SOLE |  | 0 | 0 | 349968 |
| DHT HOLDINGS INC | SHS NEW | Y2065G121 |  | 2605186 | 248112 | SH |  | SOLE |  | 0 | 0 | 248112 |
| DIANA SHIPPING INC | COM | Y2066G104 |  | 24492 | 15700 | SH | Call | SOLE |  | 0 | 0 | 15700 |
| ECOPETROL S A | SPONSORED ADS | 279158109 |  | 584744 | 56009 | SH |  | SOLE |  | 0 | 0 | 56009 |
| EQT CORP | COM | 26884L109 |  | 2471854 | 46263 | SH |  | SOLE |  | 0 | 0 | 46263 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 5443079 | 48895 | SH |  | SOLE |  | 0 | 0 | 48895 |
| EXPRO GROUP HOLDINGS NV | COM | N3144W105 |  | 1008569 | 101465 | SH |  | SOLE |  | 0 | 0 | 101465 |
| FRONTLINE PLC | COM | M46528101 |  | 2857325 | 192412 | SH |  | SOLE |  | 0 | 0 | 192412 |
| GEOPARK LTD | USD SHS | G38327105 |  | 1443993 | 178712 | SH |  | SOLE |  | 0 | 0 | 178712 |
| GEOSPACE TECHNOLOGIES CORP | COM | 37364X109 |  | 1383877 | 191938 | SH |  | SOLE |  | 0 | 0 | 191938 |
| GLOBAL X FDS | MSCI GREECE ETF | 37954Y319 |  | 7145703 | 152133 | SH |  | SOLE |  | 0 | 0 | 152133 |
| GULF IS FABRICATION INC | COM | 402307102 |  | 1903147 | 294604 | SH |  | SOLE |  | 0 | 0 | 294604 |
| HAFNIA LTD | SHS | Y2990R101 |  | 403649 | 97031 | SH |  | SOLE |  | 0 | 0 | 97031 |
| HELIX ENERGY SOLUTIONS GRP I | COM | 42330P107 |  | 1664836 | 200341 | SH |  | SOLE |  | 0 | 0 | 200341 |
| ICL GROUP LTD | SHS | M53213100 |  | 1896143 | 333241 | SH |  | SOLE |  | 0 | 0 | 333241 |
| INTERNATIONAL SEAWAYS INC | COM | Y41053102 |  | 1735484 | 52273 | SH |  | SOLE |  | 0 | 0 | 52273 |
| INTREPID POTASH INC | COM | 46121Y201 |  | 1855275 | 63126 | SH |  | SOLE |  | 0 | 0 | 63126 |
| IRSA INVERSIONES Y REP S A | SPON GDS ECH 10 | 450047303 |  | 571223 | 44280 | SH |  | SOLE |  | 0 | 0 | 44280 |
| ISHARES TR | CORE S ETF | 464287200 |  | 628204 | 1118 | SH |  | SOLE |  | 0 | 0 | 1118 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 |  | 8301739 | 237804 | SH |  | SOLE |  | 0 | 0 | 237804 |
| LOMA NEGRA C I A S A MTN 14 | SPONSORED ADS | 54150E104 |  | 4992617 | 454287 | SH |  | SOLE |  | 0 | 0 | 454287 |
| MIND C T I LTD | ORD | M70240102 |  | 446751 | 250983 | SH |  | SOLE |  | 0 | 0 | 250983 |
| MOSAIC CO NEW | COM | 61945C103 |  | 1286025 | 47612 | SH |  | SOLE |  | 0 | 0 | 47612 |
| NOBLE CORP PLC | ORD SHS A | G65431127 |  | 1587679 | 66990 | SH |  | SOLE |  | 0 | 0 | 66990 |
| NOBLE CORP PLC | ORD SHS A | G65431127 |  | 7110 | 300 | SH | Call | SOLE |  | 0 | 0 | 300 |
| OCEANEERING INTL INC | COM | 675232102 |  | 1668230 | 76489 | SH |  | SOLE |  | 0 | 0 | 76489 |
| OKEANIS ECO TANKERS COR | SHS | Y64177101 |  | 580375 | 26355 | SH |  | SOLE |  | 0 | 0 | 26355 |
| PAMPA ENERGIA S A | SPONS ADR LVL I | 697660207 |  | 5522507 | 71535 | SH |  | SOLE |  | 0 | 0 | 71535 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 1359053 | 100299 | SH |  | SOLE |  | 0 | 0 | 100299 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 625771 | 43638 | SH |  | SOLE |  | 0 | 0 | 43638 |
| RANGE RES CORP | COM | 75281A109 |  | 2427390 | 60791 | SH |  | SOLE |  | 0 | 0 | 60791 |
| SCORPIO TANKERS INC | SHS | Y7542C130 |  | 1200138 | 31935 | SH |  | SOLE |  | 0 | 0 | 31935 |
| SEACOR MARINE HLDGS INC | COM | 78413P101 |  | 914134 | 180658 | SH |  | SOLE |  | 0 | 0 | 180658 |
| SIBANYE STILLWATER LTD | SPONSORED ADR | 82575P107 |  | 1920821 | 419393 | SH |  | SOLE |  | 0 | 0 | 419393 |
| SIBANYE STILLWATER LTD | SPONSORED ADR | 82575P107 |  | 458 | 100 | SH | Call | SOLE |  | 0 | 0 | 100 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 4642017 | 16110 | SH |  | SOLE |  | 0 | 0 | 16110 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 691536 | 2400 | SH | Call | SOLE |  | 0 | 0 | 2400 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 23494380 | 42000 | SH | Put | SOLE |  | 0 | 0 | 42000 |
| SPROTT FDS TR | URANIUM MINERS E | 85208P303 |  | 7973696 | 245798 | SH |  | SOLE |  | 0 | 0 | 245798 |
| STAR BULK CARRIERS CORP. | SHS PAR | Y8162K204 |  | 407532 | 26190 | SH |  | SOLE |  | 0 | 0 | 26190 |
| STELLANTIS N.V | SHS | N82405106 |  | 349337 | 31163 | SH |  | SOLE |  | 0 | 0 | 31163 |
| TECHNIPFMC PLC | COM | G87110105 |  | 2649543 | 83608 | SH |  | SOLE |  | 0 | 0 | 83608 |
| TEEKAY TANKERS LTD | CL A | G8726X106 |  | 1504833 | 39321 | SH |  | SOLE |  | 0 | 0 | 39321 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 1133956 | 26826 | SH |  | SOLE |  | 0 | 0 | 26826 |
| TORM PLC | SHS CL A | G89479102 |  | 472432 | 28667 | SH |  | SOLE |  | 0 | 0 | 28667 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 2081954 | 656767 | SH |  | SOLE |  | 0 | 0 | 656767 |
| TRANSPORTADORA DE GAS SUR | SPONSORED ADS B | 893870204 |  | 1249956 | 47239 | SH |  | SOLE |  | 0 | 0 | 47239 |
| TSAKOS ENERGY NAVIGATION LTD | SHS | G9108L173 |  | 1892022 | 110904 | SH |  | SOLE |  | 0 | 0 | 110904 |
| UR-ENERGY INC | COM | 91688R108 |  | 21137 | 31356 | SH |  | SOLE |  | 0 | 0 | 31356 |
| VALARIS LTD | CL A | G9460G101 |  | 1293809 | 32954 | SH |  | SOLE |  | 0 | 0 | 32954 |
| VALARIS LTD | CL A | G9460G101 |  | 4338230 | 110500 | SH | Call | SOLE |  | 0 | 0 | 110500 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 5895730 | 128251 | SH |  | SOLE |  | 0 | 0 | 128251 |
| YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 |  | 4571807 | 130473 | SH |  | SOLE |  | 0 | 0 | 130473 |

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