SPROTT INC.
Reported holdings as of Q2 2026, from 31 quarterly filings.
This filer last reported in Q2 2026; the most recent quarter on file across all filers is Q3 2026. Firms that restructure stop filing under one CIK and start under another, so a successor entity may hold these positions now under a similar name.
Holdings
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| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| SPROTT INC | SII | $472.1M | 4,201,699 | -2.43pp | 25q | HELD | |
| SPROTT FOCUS TR INC | FUND | $148.3M | 15,644,152 | +0.39pp | 31q | +0.7%+$1.0M | |
| AGNICO EAGLE MINES LTD | AEM | $107.7M | 693,786 | -0.63pp | 31q | +1.3%+$1.4M | |
| COEUR MNG INC | CDE | $105.9M | 6,486,445 | -0.37pp | 25q | -4.9%-$5.4M | |
| SPDR SERIES TRUST | BIL | $100.9M | 1,100,998 | +0.86pp | 29q | +25.4%+$20.4M | |
| IAMGOLD CORP | IAG | $100.0M | 6,312,748 | -0.43pp | 13q | -4.0%-$4.1M | |
| WHEATON PRECIOUS METALS CORP | WPM | $95.0M | 844,608 | -0.32pp | 31q | -3.3%-$3.3M | |
| EQUINOX GOLD CORP | EQX | $88.4M | 9,086,538 | -1.19pp | 28q | -4.4%-$4.1M | |
| PAN AMERN SILVER CORP | PAAS | $82.5M | 1,842,274 | +0.35pp | 31q | +29.2%+$18.6M | |
| OCEANAGOLD CORP | OGC | $77.4M | 3,090,363 | - | new | NEW | |
| OR ROYALTIES INC. | OR | $77.1M | 2,438,086 | -0.17pp | 5q | +3.2%+$2.4M | |
| STATE STR SPDR S&P 500 ETF T PUT | SPY | $65.5M | options only | +0.01pp | 8q | OPTIONS | |
| SPROTT ASSET MANAGEMENT LP | PHYS | $62.0M | 2,054,043 | -0.21pp | 31q | -2.6%-$1.7M | |
| ELDORADO GOLD CORP NEW | EGO | $59.0M | 1,897,863 | +0.36pp | 18q | +25.6%+$12.0M | |
| VIZSLA SILVER CORP | VZLA | $50.7M | 15,429,214 | -0.04pp | 9q | -9.6%-$5.4M | |
| SSR MINING IN | SSRM | $50.0M | 1,767,322 | +1.03pp | 7q | +171.3%+$31.6M | |
| KINROSS GOLD CORP | KGC | $48.4M | 2,050,997 | -0.42pp | 30q | -6.8%-$3.5M | |
| SKEENA RES LTD NEW | SKE | $47.9M | 1,796,605 | +0.64pp | 19q | +76.5%+$20.8M | |
| ANGLOGOLD ASHANTI PLC | AU | $47.6M | 587,914 | -0.28pp | 12q | -6.9%-$3.5M | |
| FRANCO NEV CORP | FNV | $47.2M | 226,629 | -0.14pp | 31q | HELD | |
| PERPETUA RESOURCES CORP | PPTA | $43.0M | 2,072,699 | -0.49pp | 8q | -8.4%-$3.9M | |
| NUCOR CORP | NUE | $41.3M | 185,368 | +0.29pp | 21q | -10.2%-$4.7M | |
| I-80 GOLD CORP | IAUX | $38.5M | 26,525,350 | -0.36pp | 17q | -26.0%-$13.5M | |
| ENDEAVOUR SILVER CORP | EXK | $36.9M | 4,459,995 | +0.44pp | 10q | +65.9%+$14.7M | |
| ELEMENTAL RTY CORP | ELE | $33.6M | 1,924,389 | +0.03pp | 3q | +2.3%+$747.9K | |
| SUNSHINE SILVER MNG & REFNG | $32.2M | 2,436,910 | - | new | NEW | ||
| BARRICK MNG CORP | B | $32.1M | 873,186 | -0.88pp | 5q | -45.3%-$26.6M | |
| SPROTT ASSET MANAGEMENT LP | PSLV | $31.6M | 1,676,600 | -0.17pp | 31q | +1.2%+$388.8K | |
| TRIPLE FLAG PRECIOUS METAL | TFPM | $30.3M | 1,012,375 | -0.07pp | 16q | -1.3%-$405.0K | |
| FEDERATED HERMES INC | FHI | $28.4M | 513,885 | +0.05pp | 31q | HELD | |
| ROYAL GOLD INC | RGLD | $27.9M | 139,629 | -0.24pp | 31q | -7.6%-$2.3M | |
| CF INDUSTRIES HOLD | CF | $27.8M | 257,244 | -0.01pp | 23q | +8.6%+$2.2M | |
| HELMERICH & PAYNE INC | HP | $27.6M | 843,458 | -0.02pp | 31q | -1.6%-$456.7K | |
| CAL MAINE FOODS INC | CALM | $27.6M | 342,780 | +0.14pp | 31q | +7.9%+$2.0M | |
| VIPER ENERGY INC | VNOM | $27.2M | 641,791 | -0.01pp | 4q | HELD | |
| ALAMOS GOLD INC | AGI | $27.1M | 892,239 | -0.56pp | 27q | -18.5%-$6.2M | |
| SPROTT ASSET MANAGEMENT LP | CEF | $25.6M | 636,665 | -0.09pp | 31q | -1.9%-$483.9K | |
| AYA GOLD & SILVER INC | AYA | $24.6M | 1,298,502 | - | new | NEW | |
| CAMECO CORP | CCJ | $21.9M | 214,954 | +0.04pp | 31q | +4.6%+$960.6K | |
| EXXON MOBIL CORP | XOMXXXX | $21.5M | 157,390 | -0.55pp | 18q | -37.1%-$12.7M | |
| VANECK ETF TRUST PUT | SMH | $21.4M | options only | -0.08pp | 5q | OPTIONS | |
| TEXAS PACIFIC LAND CORPORATI | TPL | $18.9M | 43,257 | +0.02pp | 22q | +2.8%+$515.1K | |
| INVESCO QQQ TR PUT | QQQ | $18.4M | options only | +0.12pp | 5q | OPTIONS | |
| RELIANCE INC | RS | $17.5M | 46,844 | +0.08pp | 31q | -12.1%-$2.4M | |
| STEEL DYNAMICS INC | STLD | $16.8M | 73,381 | +0.03pp | 18q | -23.5%-$5.2M | |
| GOLD FIELDS LTD | GFI | $16.8M | 499,952 | +0.41pp | 28q | +431.8%+$13.6M | |
| NEW FOUND GOLD CORP | NFGC | $16.1M | 10,474,172 | +0.08pp | 7q | +35.6%+$4.2M | |
| SOLARIS RES INC | SLSR | $14.8M | 1,763,559 | +0.03pp | 9q | HELD | |
| NEWMONT CORP | NEM | $14.5M | 155,464 | -0.05pp | 31q | -4.6%-$706.0K | |
| METALLA RTY & STREAMING LTD | MTA | $14.2M | 1,866,248 | +0.14pp | 23q | +16.7%+$2.0M | |
| SPROTT FDS TR | METL | $13.7M | 534,445 | +0.14pp | 4q | +40.1%+$3.9M | |
| ISHARES TR CALL | IWM | $13.5M | options only | +0.06pp | 8q | OPTIONS | |
| ARTISAN PARTNERS ASSET MGMT | APAM | $12.5M | 362,095 | +0.01pp | 31q | HELD | |
| SPROTT PHYSICAL COPPER TRUST | SCOP | $12.5M | 1,084,885 | - | new | NEW | |
| WESTLAKE CORPORATION | WLK | $11.7M | 160,110 | -0.08pp | 31q | +20.7%+$2.0M | |
| BLOCK H & R INC | HRB | $10.9M | 285,000 | +0.19pp | 3q | +72.7%+$4.6M | |
| FIRST MAJESTIC SILVER CORP | AG | $10.2M | 599,877 | -0.03pp | 31q | +5.3%+$511.2K | |
| ASA GOLD AND PRECIOUS MTLS L | ASA | $10.2M | 195,183 | -0.04pp | 7q | -2.5%-$260.2K | |
| CIRRUS LOGIC INC | CRUS | $10.1M | 68,000 | -0.05pp | 18q | -22.7%-$3.0M | |
| BUCKLE INC | BKE | $9.9M | 235,000 | -0.01pp | 31q | +6.8%+$633.0K | |
| ERO COPPER CORP | ERO | $9.8M | 367,880 | +0.03pp | 21q | +1.0%+$96.4K | |
| I-80 GOLD CORP | IAUXWS | $8.8M | 11,300,000 | -0.05pp | 4q | HELD | |
| URANIUM ENERGY CORP | UEC | $8.3M | 781,383 | -0.03pp | 31q | +4.3%+$342.6K | |
| MP MATERIALS CORP | MP | $8.2M | 146,179 | +0.06pp | 8q | +1.5%+$124.7K | |
| LANDBRIDGE COMPANY LLC | LB | $7.9M | 100,059 | +0.05pp | 8q | +1.5%+$115.3K | |
| COMPANIA DE MINAS BUENAVENTU | BVN | $7.9M | 269,946 | -0.03pp | 4q | +0.9%+$72.6K | |
| THOR INDS INC | THO | $7.9M | 105,000 | +0.01pp | 31q | HELD | |
| SLB LIMITED | SLB | $7.2M | 155,912 | +0.02pp | 3q | +13.1%+$837.2K | |
| SPROTT FDS TR | GBUG | $7.2M | 183,418 | flat | 6q | +8.1%+$539.6K | |
| FRP HLDGS INC | FRPH | $7.1M | 284,340 | +0.04pp | 31q | HELD | |
| SELECT SECTOR SPDR TR PUT | XLU | $7.1M | options only | +0.04pp | 4q | OPTIONS | |
| NEXGEN ENERGY LTD | NXE | $6.9M | 732,887 | -0.02pp | 31q | +3.7%+$244.3K | |
| MARCUS & MILLICHAP INC | MMI | $6.5M | 210,000 | +0.05pp | 31q | HELD | |
| GLOBAL X FDS | SIL | $6.3M | 80,834 | +0.09pp | 7q | +91.0%+$3.0M | |
| DAKOTA GOLD CORP | DC | $5.4M | 1,276,713 | -0.01pp | 17q | +3.6%+$186.6K | |
| AMERICAS GOLD AND SILVER COR | USAS | $5.2M | 1,104,351 | flat | 4q | +1.2%+$60.7K | |
| VANGUARD SCOTTSDALE FDS | VCSH | $5.2M | 65,400 | +0.01pp | 31q | HELD | |
| STAR BULK CARRIERS CORP. | SBLK | $5.1M | 204,784 | - | new | NEW | |
| DENISON MINES CORP | DNN | $5.0M | 1,646,349 | +0.01pp | 31q | +9.5%+$436.0K | |
| VANECK ETF TRUST | GDX | $5.0M | 66,759 | -0.02pp | 8q | +1.0%+$49.6K | |
| VERSAMET ROYALTIES CORP | VMET | $4.9M | 401,720 | +0.10pp | 2q | +84.6%+$2.3M | |
| SOCIEDAD QUIMICA Y MINERA DE | SQM | $4.7M | 63,778 | +0.01pp | 24q | +4.2%+$192.2K | |
| ABRDN PLATINUM ETF TRUST | PPLT | $4.7M | 330,730 | -0.15pp | 9q | +478.3%+$3.9M | |
| AMPLIFY ETF TR PUT | DIVO | $4.6M | options only | -0.01pp | 5q | OPTIONS | |
| URANIUM RTY CORP | UROY | $4.4M | 1,582,620 | -0.03pp | 21q | -2.2%-$99.7K | |
| GENTEX CORP | GNTX | $4.0M | 160,000 | +0.05pp | 3q | +33.3%+$1.0M | |
| SPROTT ETF TRUST | SGDM | $4.0M | 63,638 | +0.06pp | 19q | +111.8%+$2.1M | |
| SMART SAND INC | SND | $3.8M | 750,000 | +0.01pp | 31q | HELD | |
| HUDBAY MINERALS INC | HBM | $3.7M | 157,092 | +0.03pp | 17q | +11.7%+$389.7K | |
| FREEPORT-MCMORAN INC | FCX | $3.7M | 58,482 | +0.02pp | 19q | +4.1%+$145.3K | |
| HECLA MINING COMPANY | HL | $3.4M | 217,697 | -0.01pp | 31q | +0.6%+$20.6K | |
| NUTRIEN LTD | NTR | $3.4M | 53,353 | -0.01pp | 31q | +2.8%+$90.5K | |
| TSAKOS ENERGY NAVIGATION LTD | TEN | $3.3M | 92,800 | +0.02pp | 3q | +27.5%+$707.4K | |
| CORTEVA INC | CTVA | $3.2M | 37,662 | +0.01pp | 27q | +1.2%+$36.9K | |
| CHENIERE ENERGY INC | LNG | $3.0M | 12,448 | -0.01pp | 22q | -2.6%-$79.1K | |
| HYCROFT MINING HOLDING CORP | HYMC | $2.9M | 121,878 | -0.02pp | 5q | +8.8%+$229.9K | |
| HIGHLANDER SILVER CORP | HSLV | $2.8M | 607,789 | -0.02pp | 2q | -4.6%-$137.3K | |
| APPLE INC | AAPL | $2.8M | 9,711 | +0.05pp | 31q | +101.8%+$1.4M | |
| ALBEMARLE CORP | ALB | $2.8M | 20,375 | -0.01pp | 5q | +4.5%+$118.8K | |
| FORTUNA MNG CORP | FSM | $2.7M | 316,718 | +0.02pp | 9q | +45.4%+$835.5K | |
| ARDMORE SHIPPING CORP | ASC | $2.7M | 190,300 | +0.02pp | 2q | +38.6%+$742.5K | |
| B2GOLD CORP | BTG | $2.6M | 695,251 | +0.02pp | 31q | +49.6%+$862.2K | |
| SILVERCORP METALS INC | SVM | $2.5M | 251,034 | flat | 31q | HELD | |
| SPROTT ETF TRUST | SGDJ | $2.5M | 33,252 | flat | 7q | +1.8%+$45.5K | |
| SANTACRUZ SILVER MNG LTD | SCZM | $2.4M | 376,646 | +0.01pp | 2q | +32.0%+$591.7K | |
| ISHARES TR | SGOV | $2.4M | 23,858 | +0.05pp | 12q | +151.5%+$1.4M | |
| INTERNATIONAL SEAWAYS INC | INSW | $2.3M | 30,182 | +0.01pp | 3q | HELD | |
| QUANTA SVCS INC | PWR | $2.3M | 3,173 | +0.02pp | 21q | -2.4%-$56.2K | |
| ABRDN SILVER ETF TRUST | SIVR | $2.3M | 40,453 | -0.01pp | 13q | -1.9%-$44.4K | |
| ISHARES SILVER TR | SLV | $2.2M | 41,380 | -0.01pp | 26q | HELD | |
| LIFEZONE METALS LIMITED | LZM | $2.1M | 549,206 | +0.06pp | 11q | +497.9%+$1.8M | |
| ABBVIE INC | ABBV | $1.9M | 7,747 | - | new | NEW | |
| ADAM NAT RES FD INC | PEO | $1.8M | 74,172 | flat | 22q | -3.3%-$63.5K | |
| VANECK MERK GOLD ETF | OUNZ | $1.7M | 43,973 | flat | 13q | -1.4%-$23.5K | |
| SPROTT FDS TR | URNM | $1.6M | 30,772 | -0.01pp | 17q | -1.9%-$30.9K | |
| FRONTLINE PLC | FRO | $1.6M | 46,399 | flat | 2q | -0.9%-$15.1K | |
| BROOKFIELD ASSET MANAGMT LTD | BAM | $1.6M | 35,134 | flat | 10q | -8.5%-$146.2K | |
| VALE S A | VALE | $1.6M | 104,519 | -0.01pp | 18q | -12.7%-$229.1K | |
| CONTANGO SILVER & GOLD INC | CTGO | $1.5M | 94,584 | +0.01pp | 2q | +32.1%+$362.8K | |
| SCORPIO TANKERS INC | STNG | $1.5M | 21,500 | +0.03pp | 2q | +115.0%+$796.5K | |
| CME GROUP INC | CME | $1.4M | 6,484 | flat | 25q | +10.6%+$137.4K | |
| CMB.TECH NV | CMBT | $1.4M | 100,000 | - | new | NEW | |
| SPROTT ASSET MANAGEMENT LP | SPPP | $1.4M | 111,792 | -0.03pp | 23q | -30.1%-$599.3K | |
| BW LPG LTD | BWLP | $1.4M | 79,000 | flat | 2q | HELD | |
| CHEVRON CORPORATION | CVX | $1.4M | 8,247 | flat | 7q | +20.9%+$235.9K | |
| SEABRIDGE GOLD INC | $1.4M | 52,551 | - | new | NEW | ||
| GRAYSCALE BITCOIN TRUST ETF | GBTC | $1.3M | 28,974 | flat | 10q | +0.6%+$8.1K | |
| SELECT SECTOR SPDR TR | XLE | $1.3M | 24,814 | -0.02pp | 7q | -32.4%-$631.2K | |
| DEVON ENERGY CORP NEW | DVN | $1.3M | 31,814 | flat | 6q | +5.4%+$67.8K | |
| PETROLEO BRASILEIRO S A | PBR | $1.3M | 80,510 | -0.10pp | 2q | -65.0%-$2.4M | |
| HAFNIA LTD | HAFN | $1.3M | 195,000 | flat | 3q | -1.0%-$13.3K | |
| PEPSICO INC | PEP | $1.3M | 9,303 | - | new | NEW | |
| SPDR GOLD TR | GLD | $1.2M | 3,345 | flat | 23q | -0.7%-$9.2K | |
| AMAZON COM INC | AMZN | $1.2M | 5,155 | +0.02pp | 30q | +41.0%+$357.5K | |
| BHP BILLITON LIMITED | BHP | $1.2M | 14,707 | +0.01pp | 21q | -4.5%-$58.3K | |
| DORIAN LPG LTD | LPG | $1.2M | 35,000 | flat | 2q | HELD | |
| TORM PLC | TRMD | $1.2M | 46,360 | - | new | NEW | |
| AVINO SILVER & GOLD MINES LT | ASM | $1.1M | 177,546 | flat | 9q | +0.9%+$10.6K | |
| WALMART INC | WMT | $1.1M | 9,900 | - | new | NEW | |
| TREKOR METALS LTD | $1.1M | 159,377 | - | new | NEW | ||
| ENERGY FUELS INC | UUUU | $1.1M | 75,125 | -0.01pp | 23q | -1.6%-$17.8K | |
| VISHAY INTERTECHNOLOGY INC | VSH | $1.1M | 20,000 | -0.12pp | 23q | -93.3%-$15.1M | |
| INTEGRA RES CORP | ITRG | $1.1M | 469,680 | flat | 13q | HELD | |
| DHT HOLDINGS INC | DHT | $1.0M | 62,760 | flat | 2q | -1.3%-$13.7K | |
| COCA COLA CO | KO | $1.0M | 12,432 | - | new | NEW | |
| EAGLEROCK LD LLC | $997.3K | 46,932 | - | new | NEW | ||
| SPROTT FDS TR | COPP | $995.1K | 25,983 | flat | 4q | HELD | |
| SPROTT FDS TR | LITP | $965.4K | 77,280 | flat | 5q | HELD | |
| NVIDIA CORPORATION | NVDA | $882.6K | 4,411 | +0.01pp | 3q | HELD | |
| SPROTT FDS TR | SLVR | $871.3K | 17,359 | +0.01pp | 4q | +56.4%+$314.1K | |
| EAGLE MATLS INC | EXP | $864.7K | 3,843 | +0.01pp | 8q | +1.0%+$8.8K | |
| INTERNATIONAL BUSINESS MACHS | IBM | $843.6K | 3,000 | - | new | NEW | |
| NEW PAC METALS CORP | NEWP | $839.0K | 208,707 | flat | 16q | -3.0%-$25.6K | |
| GOLD ROYALTY CORP | GROY | $836.6K | 303,133 | -0.01pp | 22q | -2.5%-$21.5K | |
| ORLA MNG LTD NEW | ORLA | $819.0K | 83,661 | +0.01pp | 21q | +93.2%+$395.0K | |
| ALPHABET INC | GOOG | $809.5K | 2,291 | +0.02pp | 3q | +138.6%+$470.3K | |
| TESLA INC | TSLA | $806.7K | 1,918 | +0.01pp | 23q | +2.5%+$19.8K | |
| OKEANIS ECO TANKERS COR | ECO | $791.9K | 15,800 | flat | 2q | HELD | |
| WARRIOR MET COAL INC | HCC | $761.4K | 9,381 | flat | 4q | HELD | |
| STATE STR SPDR S&P 500 ETF T | SPY | $738.1K | 988 | +0.02pp | 5q | +180.7%+$475.1K | |
| DIVERSIFIED ENERGY CO | DEC | $734.6K | 53,000 | flat | 3q | HELD | |
| US BANCORP | USB | $723.5K | 11,978 | - | new | NEW | |
| USA RARE EARTH INC | USAR | $706.8K | 32,751 | - | new | NEW | |
| MCKESSON CORP | MCK | $696.6K | 922 | - | new | NEW | |
| OSISKO DEVELOPMENT CORP | ODV | $688.7K | 279,971 | -0.11pp | 17q | -80.0%-$2.7M | |
| ISOENERGY LTD | ISOU | $669.0K | 66,969 | flat | 5q | +0.8%+$5.2K | |
| ABBOTT LABORATORIES | ABT | $632.0K | 6,965 | - | new | NEW | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $629.1K | 5,110 | flat | 11q | +1.4%+$8.6K | |
| ZIM INTEGRATED SHIPPING SERV | ZIM | $624.0K | 24,000 | - | new | NEW | |
| HIMALAYA SHIPPING LTD | HSHP | $601.2K | 45,000 | flat | 2q | HELD | |
| SPROTT FDS TR | NIKL | $594.3K | 46,815 | flat | 3q | +2.6%+$15.2K | |
| YUM BRANDS INC | YUM | $575.5K | 3,600 | - | new | NEW | |
| AMPLIFY ETF TR | SILJ | $554.1K | 21,376 | flat | 7q | +4.1%+$22.0K | |
| INTERNATIONAL FLAVORS&FRAGRA | IFF | $540.0K | 6,816 | flat | 6q | +2.7%+$13.9K | |
| OCCIDENTAL PETE CORP | OXY | $533.2K | 10,978 | flat | 3q | +0.9%+$4.5K | |
| ISHARES TR | AGG | $526.7K | 5,321 | flat | 11q | HELD | |
| ALPHABET INC | GOOGL | $517.5K | 1,448 | - | new | NEW | |
| VANECK ETF TRUST | OIH | $513.4K | 1,380 | flat | 7q | HELD | |
| KINDER MORGAN INC DEL | KMI | $508.0K | 15,890 | flat | 4q | +4.3%+$21.0K | |
| CANADIAN NAT RES LTD MED TER | CNQ | $505.2K | 12,789 | -0.02pp | 2q | -53.5%-$580.1K | |
| NAVIGATOR HLDGS LTD | NVGS | $490.9K | 26,350 | - | new | NEW | |
| BRISTOL-MYERS SQUIBB CO | BMY | $490.6K | 8,515 | - | new | NEW | |
| SUNCOR ENERGY INC NEW | SU | $478.8K | 8,919 | -0.03pp | 2q | -64.2%-$858.9K | |
| LARGO INC | LGO | $477.9K | 753,516 | -0.01pp | 12q | HELD | |
| SIBANYE STILLWATER LTD | SBSW | $462.1K | 54,429 | flat | 2q | +3.7%+$16.7K | |
| MICRON TECHNOLOGY INC | MU | $461.7K | 400 | - | new | NEW | |
| VISTA GOLD CORP | VGZ | $457.0K | 239,242 | flat | 7q | -16.3%-$89.0K | |
| JOHNSON & JOHNSON | JNJ | $441.1K | 1,737 | - | new | NEW | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $437.8K | 875 | - | new | NEW | |
| ALPHA METALLURGICAL RESOUR I | AMR | $425.2K | 2,578 | flat | 3q | HELD | |
| MERCK & CO INC | MRK | $424.1K | 3,300 | - | new | NEW | |
| ELECTROMED INC | ELMD | $423.0K | 10,000 | +0.01pp | 3q | HELD | |
| CORE NATURAL RESOURCES INC | CNR | $420.5K | 5,255 | flat | 4q | HELD | |
| EOG RES INC | EOG | $411.4K | 3,171 | flat | 2q | +48.8%+$134.9K | |
| TRILOGY METALS INC NEW | TMQ | $409.3K | 116,613 | flat | 31q | -3.7%-$15.8K | |
| VANGUARD WHITEHALL FDS | VYM | $400.9K | 2,537 | - | new | NEW | |
| EQT CORP | EQT | $383.4K | 7,210 | flat | 2q | HELD | |
| ANTERO MIDSTREAM CORP | AM | $375.4K | 16,500 | flat | 7q | HELD | |
| CONOCOPHILLIPS | COP | $357.3K | 3,437 | flat | 3q | +26.7%+$75.4K | |
| NEXTERA ENERGY INC | NEE | $351.1K | 4,000 | - | new | NEW | |
| SPDR SERIES TRUST | BILS | $349.8K | 3,520 | flat | 2q | +6.7%+$21.9K | |
| NVR INC | NVR | $327.0K | 48 | flat | 14q | -33.3%-$163.5K | |
| INGREDION INC | INGR | $311.7K | 3,291 | flat | 3q | +3.9%+$11.7K | |
| TRAVELERS COMPANIES INC | TRV | $311.0K | 942 | - | new | NEW | |
| GRANITESHARES PLATINUM TR | PLTM | $310.0K | 20,750 | flat | 7q | HELD | |
| RING ENERGY INC | REI | $307.8K | 285,000 | flat | 3q | HELD | |
| RIO TINTO PLC | RIO | $298.7K | 3,147 | flat | 15q | -6.0%-$19.0K | |
| WEC ENERGY GROUP INC | WEC | $296.6K | 2,540 | - | new | NEW | |
| ONEOK INC NEW | OKE | $295.6K | 3,400 | flat | 7q | HELD | |
| WESTERN COPPER & GOLD CORP | WRN | $295.3K | 131,830 | flat | 3q | +51.8%+$100.8K | |
| INTERNATIONAL TOWER HILL MIN | THM | $289.5K | 145,500 | -0.66pp | 31q | -98.5%-$19.5M | |
| ISHARES INC | EWZ | $288.1K | 8,350 | flat | 5q | -10.7%-$34.5K | |
| EQUINOX GOLD CORP CALL | EQX | $287.7K | options only | -0.01pp | 4q | OPTIONS | |
| LIFEZONE METALS LIMITED | LZMWS | $278.9K | 680,354 | flat | 12q | +0.6%+$1.6K | |
| SOUTHERN COPPER CORP | SCCO | $275.5K | 1,581 | flat | 3q | +0.8%+$2.1K | |
| CACI INTL INC | CACI | $270.5K | 584 | flat | 8q | -2.0%-$5.6K | |
| SILVER BOW MNG CORP | $270.4K | 40,000 | - | new | NEW | ||
| HALLIBURTON CO | HAL | $268.2K | 7,900 | - | new | NEW | |
| BUNGE GLOBAL SA | BG | $260.4K | 2,440 | flat | 2q | +1.3%+$3.4K | |
| PROCTER & GAMBLE CO | PG | $259.6K | 1,770 | - | new | NEW | |
| GOLDMINING INC | GLDG | $251.7K | 277,498 | flat | 23q | -24.8%-$83.0K | |
| ARES CAPITAL CORP | ARCC | $248.1K | 13,389 | - | new | NEW | |
| PATTERSON-UTI ENERGY INC | PTEN | $247.9K | 27,000 | flat | 4q | HELD | |
| SPDR SERIES TRUST PUT | XBI | $243.7K | options only | flat | 2q | OPTIONS | |
| ELI LILLY & CO | LLY | $239.9K | 200 | - | new | NEW | |
| UNITED STS OIL FD LP PUT | USO | $239.5K | options only | -0.07pp | 2q | OPTIONS | |
| INTEL CORP | INTC | $238.3K | 1,707 | - | new | NEW | |
| HECLA MINING COMPANY CALL | HL | $236.8K | options only | flat | 2q | OPTIONS | |
| ARIS MINING CORPORATION | ARIS | $233.3K | 15,649 | -0.01pp | 12q | -57.8%-$319.1K | |
| IREN LIMITED | IREN | $229.1K | 5,010 | - | new | NEW | |
| PFIZER INC | PFE | $225.9K | 9,380 | - | new | NEW | |
| SPDR SERIES TRUST | XOP | $223.4K | 1,448 | flat | 2q | +12.3%+$24.5K | |
| AMPLIFY ETF TR | HACK | $220.4K | 2,100 | - | new | NEW | |
| GRAYSCALE ETHEREUM STAKING E | ETHE | $218.8K | 17,150 | flat | 8q | HELD | |
| UR-ENERGY INC | URG | $217.4K | 159,833 | flat | 23q | -0.5%-$1.1K | |
| LAM RESEARCH CORP | LRCX | $216.7K | 500 | flat | 3q | -72.2%-$563.3K | |
| ISHARES TR | TLT | $211.7K | 2,450 | flat | 2q | -41.7%-$151.7K | |
| HOME DEPOT INC | HD | $211.6K | 600 | - | new | NEW | |
| MOSAIC CO | MOS | $211.1K | 9,961 | flat | 2q | +17.3%+$31.1K | |
| META PLATFORMS INC | META | $208.4K | 370 | - | new | NEW | |
| MICROSOFT CORP | MSFT | $205.2K | 550 | - | new | NEW | |
| LOCKHEED MARTIN CORP | LMT | $203.9K | 400 | flat | 2q | HELD | |
| ANTERO RESOURCES CORP | AR | $202.1K | 5,750 | flat | 2q | HELD | |
| ANGEL STUDIOS INC | ANGX | $193.4K | 52,691 | flat | 3q | HELD | |
| MCEWEN INC. | MUX | $191.6K | 10,570 | -0.01pp | 7q | -49.6%-$188.3K | |
| GLADSTONE LD CORP | LAND | $170.7K | 20,010 | - | new | NEW | |
| JOBY AVIATION INC | JOBY | $169.5K | 19,000 | flat | 7q | -0.8%-$1.4K | |
| DIGI PWR X INC | DGXX | $163.5K | 30,000 | flat | 5q | HELD | |
| NORTHERN DYNASTY MINERALS LT | NAK | $160.3K | 83,488 | flat | 2q | +27.5%+$34.6K | |
| ENCORE ENERGY CORP | EU | $158.2K | 120,744 | flat | 14q | HELD | |
| IVANHOE ELECTRIC INC | IE | $150.0K | 15,609 | flat | 4q | -13.8%-$24.0K | |
| GALIANO GOLD INC | GAU | $116.6K | 62,362 | flat | 7q | HELD | |
| CRESCENT ENERGY COMPANY | CRGY | $110.5K | 11,250 | flat | 5q | HELD | |
| ENDEAVOUR SILVER CORP CALL | EXK | $101.2K | options only | flat | 5q | OPTIONS | |
| LITHIUM AMERS CORP NEW | LAC | $69.3K | 18,012 | flat | 4q | -12.4%-$9.8K | |
| TRX GOLD CORPORATION | TRX | $69.1K | 83,817 | flat | 11q | -2.2%-$1.6K | |
| MARAVAI LIFESCIENCES HLDGS I | MRVI | $62.4K | 10,000 | flat | 4q | HELD | |
| BAYTEX ENERGY CORP | BTE | $56.0K | 14,000 | - | new | NEW | |
| NERVGEN PHARMA CORP | NGEN | $51.5K | 25,000 | flat | 2q | HELD | |
| SOLITARIO RESOURCES CORP | XPL | $25.1K | 33,333 | flat | 7q | HELD | |
| LUCID DIAGNOSTICS INC | LUCD | $21.4K | 20,000 | flat | 4q | HELD | |
| FURY GOLD MINES LIMITED | FURY | $19.0K | 35,091 | flat | 23q | -12.6%-$2.7K | |
| OSISKO DEVELOPMENT CORP | ODVWZ | $9.0K | 149,087 | flat | 11q | +3.7% | |
| LARGO INC CALL | LGO | $7.6K | options only | flat | 3q | OPTIONS | |
| ALTISOURCE PORTFOLIO SOLUTIO | ASPSW | $6.4K | 16,100 | flat | 5q | HELD | |
| GREENLAND MINES LTD | GRML | $5.2K | 20,000 | - | new | NEW | |
| BITFUFU INC | FUFUW | $1.6K | 15,000 | flat | 7q | HELD | |
| FREIGHTOS LTD | CRGOW | $473 | 10,000 | flat | 4q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Mining & Metals | $1.5B | 49.1% |
| Banks & Lending | $480.3M | 15.2% |
| Funds & ETFs | $245.3M | 7.8% |
| Capital Markets | $196.2M | 6.2% |
| Holding & Investment | $140.0M | 4.4% |
| Energy | $74.8M | 2.4% |
| Other sectors | $204.5M | 6.5% |
| Not classified | $263.6M | 8.4% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | -13.9% | +14.8% | -28.7% | 100% |
| Q1 2026 | +9.4% | -4.6% | +14.1% | 99% |
| Q4 2025 | +12.7% | +2.4% | +10.3% | 98% |
| Q3 2025 | +37.3% | +7.8% | +29.5% | 99% |
| Q2 2025 | +14.2% | +10.5% | +3.8% | 96% |
| Q1 2025 | +15.7% | -4.6% | +20.2% | 93% |
| Q4 2024 | -6.4% | +2.1% | -8.6% | 100% |
| Q3 2024 | +11.2% | +5.4% | +5.8% | 100% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $3.2B | 268 | 47 | 91 | 66 | 21 | 43.7% | 28 |
| Q1 2026 | $3.4B | 242 | 38 | 84 | 69 | 17 | 47.6% | 38 |
| Q4 2025 | $3.0B | 221 | 31 | 78 | 70 | 24 | 41.0% | 43 |
| Q3 2025 | $2.9B | 214 | 29 | 68 | 72 | 23 | 44.1% | 43 |
| Q2 2025 | $2.1B | 208 | 33 | 74 | 63 | 20 | 43.2% | 42 |
| Q1 2025 | $1.8B | 195 | 20 | 77 | 49 | 16 | 44.4% | 44 |
| Q4 2024 | $1.7B | 191 | 41 | 84 | 42 | 3 | 43.4% | 35 |
| Q3 2024 | $1.6B | 153 | 21 | 44 | 62 | 6 | 42.3% | 45 |
| Q2 2024 | $1.3B | 138 | 9 | 38 | 64 | 10 | 42.3% | 44 |
| Q1 2024 | $1.4B | 139 | 7 | 43 | 61 | 3 | 41.2% | 44 |
| Q4 2023 | $1.1B | 135 | 7 | 43 | 55 | 8 | 43.5% | 45 |
| Q3 2023 | $1.1B | 136 | 10 | 35 | 52 | 8 | 39.6% | 48 |
| Q2 2023 | $1.1B | 134 | 12 | 55 | 38 | 11 | 41.1% | 45 |
| Q1 2023 | $1.2B | 133 | 5 | 36 | 61 | 7 | 43.3% | 45 |
| Q4 2022 | $1.1B | 135 | 8 | 33 | 60 | 11 | 44.6% | 45 |
| Q3 2022 | $1.0B | 138 | 13 | 39 | 54 | 14 | 41.8% | 45 |
| Q2 2022 | $1.1B | 139 | 11 | 59 | 35 | 11 | 42.0% | 46 |
| Q1 2022 | $1.5B | 139 | 14 | 46 | 54 | 13 | 43.5% | 46 |
| Q4 2021 | $1.6B | 138 | 11 | 48 | 47 | 13 | 43.8% | 45 |
| Q3 2021 | $1.5B | 140 | 11 | 49 | 35 | 13 | 42.1% | 46 |
| Q2 2021 | $1.7B | 142 | 15 | 56 | 42 | 6 | 42.5% | 47 |
| Q1 2021 | $1.7B | 133 | 21 | 54 | 35 | 15 | 41.1% | 47 |
| Q4 2020 | $1.8B | 127 | 24 | 43 | 34 | 12 | 41.8% | 47 |
| Q3 2020 | $1.8B | 115 | 21 | 43 | 38 | 9 | 44.9% | 75 |
| Q2 2020 | $1.6B | 103 | 16 | 35 | 34 | 16 | 54.7% | 160 |
| Q1 2020 | $2.9B | 103 | 8 | 54 | 26 | 8 | 83.8% | 45 |
| Q4 2019 | $6.1B | 103 | 8 | 38 | 39 | 4 | 95.1% | 44 |
| Q3 2019 | $391.8M | 99 | 9 | 35 | 38 | 5 | 37.7% | 44 |
| Q2 2019 | $420.8M | 95 | 8 | 36 | 29 | 14 | 38.1% | 45 |
| Q1 2019 | $460.8M | 101 | 11 | 32 | 37 | 6 | 46.8% | 45 |
| Q4 2018 | $358.6M | 96 | 0 | 0 | 0 | 0 | 36.1% | 44 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.