# Extract Advisors LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1703148. Source: https://holderbook.com/funds/1703148-extract-advisors-llc/

- Reported value: $357.9M
- Positions: 30
- Weight of the ten largest: 79.9%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $151.2M | 0 | 42.2% | 2 |
| ROYAL GOLD INC | [RGLD](https://holderbook.com/stocks/RGLD/) | $28.4M | 142,332 | 7.9% | 3 |
| B2GOLD CORP | [BTG](https://holderbook.com/stocks/BTG/) | $22.5M | 0 | 6.3% | 2 |
| ELEMENTAL RTY CORP | [ELE](https://holderbook.com/stocks/ELE/) | $16.3M | 934,458 | 4.6% | 3 |
| IAMGOLD CORP | [IAG](https://holderbook.com/stocks/IAG/) | $13.6M | 860,162 | 3.8% | 3 |
| VIZSLA SILVER CORP | [VZLA](https://holderbook.com/stocks/VZLA/) | $11.9M | 473,360 | 3.3% | 3 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $11.6M | 74,827 | 3.2% | 3 |
| SSR MINING IN | [SSRM](https://holderbook.com/stocks/SSRM/) | $11.0M | 389,776 | 3.1% | 2 |
| COEUR MNG INC | [CDE](https://holderbook.com/stocks/CDE/) | $10.1M | 0 | 2.8% | 2 |
| AMERICAS GOLD AND SILVER COR | [USAS](https://holderbook.com/stocks/USAS/) | $9.4M | 0 | 2.6% | 1 |
| OR ROYALTIES INC. | [OR](https://holderbook.com/stocks/OR/) | $9.3M | 295,316 | 2.6% | 3 |
| CENTERRA GOLD INC | [CGAU](https://holderbook.com/stocks/CGAU/) | $8.7M | 545,600 | 2.4% | 3 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $7.2M | 63,990 | 2.0% | 3 |
| METALLA RTY & STREAMING LTD | [MTA](https://holderbook.com/stocks/MTA/) | $7.1M | 928,961 | 2.0% | 1 |
| HUDBAY MINERALS INC | [HBM](https://holderbook.com/stocks/HBM/) | $6.1M | 260,000 | 1.7% | 1 |
| FORTUNA MNG CORP | [FSM](https://holderbook.com/stocks/FSM/) | $4.9M | 575,000 | 1.4% | 1 |
| URANIUM ENERGY CORP | [UEC](https://holderbook.com/stocks/UEC/) | $4.5M | 422,157 | 1.3% | 1 |
| WARRIOR MET COAL INC | [HCC](https://holderbook.com/stocks/HCC/) | $4.3M | 52,944 | 1.2% | 3 |
| ALMONTY INDS INC | [ALM](https://holderbook.com/stocks/ALM/) | $4.1M | 0 | 1.2% | 2 |
| NEXGEN ENERGY LTD | [NXE](https://holderbook.com/stocks/NXE/) | $3.7M | 397,612 | 1.0% | 3 |
| HYCROFT MINING HOLDING CORP | [HYMC](https://holderbook.com/stocks/HYMC/) | $2.3M | 0 | 0.7% | 3 |
| NEW PAC METALS CORP | [NEWP](https://holderbook.com/stocks/NEWP/) | $2.0M | 0 | 0.6% | 1 |
| NEXMETALS MINING CORP. | [NEXM](https://holderbook.com/stocks/NEXM/) | $2.0M | 826,606 | 0.5% | 3 |
| DENISON MINES CORP | [DNN](https://holderbook.com/stocks/DNN/) | $1.5M | 500,000 | 0.4% | 3 |
| ALCOA CORP | [AA](https://holderbook.com/stocks/AA/) | $1.5M | 29,000 | 0.4% | 1 |
| AVINO SILVER & GOLD MINES LT | [ASM](https://holderbook.com/stocks/ASM/) | $951.0K | 0 | 0.3% | 1 |
| LIFEZONE METALS LIMITED | [LZM](https://holderbook.com/stocks/LZM/) | $530.6K | 136,754 | 0.1% | 2 |
| FURY GOLD MINES LIMITED | [FURY](https://holderbook.com/stocks/FURY/) | $517.6K | 958,500 | 0.1% | 1 |
| LIFEZONE METALS LIMITED | [LZMWS](https://holderbook.com/stocks/LZMWS/) | $453.4K | 1,105,751 | 0.1% | 2 |
| ANFIELD ENERGY INC | [AEC](https://holderbook.com/stocks/AEC/) | $119.9K | 27,429 | 0.0% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | -15.2% | +14.8% | -30.0% | 79% |
| Q1 2026 | +8.9% | -4.6% | +13.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $357.9M | 30 |
| Q1 2026 | $287.1M | 29 |
| Q4 2025 | $385.7M | 24 |