Total Positions
24
Quarter
2025 Q4
Top Holding
NGD (24.9%)
Top 10 Concentration
82.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-24 of 24
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NGD
NEW GOLD INC CD...
|
Basic Materials | 24.95% | 25.82% |
#1
Prev: #1
|
10.0 | -2,602,898 | -8.7% |
P
S
|
27,437,020 | $238,976,444 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IAUX
I-80 GOLD CORP
|
Basic Materials | 12.23% | 9.16% |
#2
1
Prev: #3
|
6.9 | 141,558 | 0.2% |
P
S
|
80,241,558 | $117,152,675 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ODV
OSISKO DEVELOPM...
|
Basic Materials | 8.42% | 8.91% |
#3
1
Prev: #4
|
5.4 | 1,147,192 | 5.2% |
P
S
|
23,112,036 | $80,661,006 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SBSW
SIBANYE STILLWA...
|
Basic Materials | 7.80% | 6.68% |
#4
2
Prev: #6
|
5.1 | 279,540 | 5.6% |
P
S
|
5,244,469 | $74,733,683 | 2021 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VAL
VALARIS LTD
|
Energy | 6.10% | 6.76% |
#5
Prev: #5
|
2.4 | no change | no change |
P
S
|
1,158,651 | $58,396,010 | 2021 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BTG
B2GOLD CORP
|
Basic Materials | 5.30% | — |
#6
Prev: #—
|
4.1 | 11,265,300 | no change |
NEW
|
11,265,300 | $50,806,503 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CHRD
CHORD ENERGY CO...
|
Energy | 4.89% | 6.32% |
#7
Prev: #7
|
2.0 | -25,755 | -4.8% |
P
S
|
505,536 | $46,863,187 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SDRL
SEADRILL LTD
|
Energy | 4.62% | 4.63% |
#8
1
Prev: #9
|
1.8 | no change | no change |
P
S
|
1,279,968 | $44,286,893 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EXK
ENDEAVOUR SILVE...
|
Basic Materials | 4.42% | 2.82% |
#9
1
Prev: #10
|
3.9 | 1,503,543 | 50.1% |
P
S
|
4,503,543 | $42,333,304 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
I-80 GOLD CORP
|
—
|
Unknown | 3.97% | 2.20% |
#10
2
Prev: #12
|
3.6 | 493,500 | 1.2% |
P
S
|
41,339,999 | $38,032,799 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
RYAM
RAYONIER ADVANC...
|
Basic Materials | 3.91% | 5.49% |
#11
3
Prev: #8
|
3.6 | 2,747 | 0.0% |
P
S
|
6,358,877 | $37,453,786 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CVE
CENOVUS ENERGY ...
|
Energy | 1.94% | 2.24% |
#12
1
Prev: #11
|
0.8 | no change | no change |
P
S
|
1,100,000 | $18,612,000 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CNR
CORE NATURAL RE...
|
Energy | 1.86% | 2.02% |
#13
Prev: #13
|
0.7 | no change | no change |
P
S
|
201,663 | $17,849,192 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AEM
AGNICO EAGLE MI...
|
Basic Materials | 1.68% | 1.92% |
#14
Prev: #14
|
0.7 | no change | no change |
P
S
|
95,186 | $16,136,883 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TDW
TIDEWATER INC N...
|
Energy | 1.51% | 1.83% |
#15
Prev: #15
|
0.6 | no change | no change |
P
S
|
285,900 | $14,440,809 | 2021 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NEXM
NEXMETALS MININ...
|
Basic Materials | 1.43% | — |
#16
Prev: #—
|
2.6 | 3,513,500 | no change |
NEW
|
3,513,500 | $13,737,785 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XME
SPDR SERIES TRU...
|
Unknown | 1.32% | 0.05% |
#17
3
Prev: #20
|
2.8 | 118,375 | 2904.2% |
P
S
|
122,451 | $12,687,148 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ELE
ELEMENTAL RTY C...
|
Basic Materials | 1.22% | — |
#18
Prev: #—
|
2.5 | 686,246 | no change |
NEW
|
686,246 | $11,645,595 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CDLR
CADELER A S
|
Industrials | 1.21% | 1.54% |
#19
3
Prev: #16
|
0.5 | no change | no change |
P
S
|
624,400 | $11,607,596 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XOP
SPDR SERIES TRU...
|
Unknown | 0.54% | — |
#20
Prev: #—
|
2.2 | 41,028 | no change |
NEW
|
41,028 | $5,180,195 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TEN
TSAKOS ENERGY N...
|
Energy | 0.45% | 0.51% |
#21
3
Prev: #18
|
0.2 | no change | no change |
P
S
|
190,977 | $4,281,704 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MUX
MCEWEN INC.
|
Basic Materials | 0.22% | 0.23% |
#22
3
Prev: #19
|
0.1 | no change | no change |
P
S
|
113,000 | $2,091,630 | 2021 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SSRM
SSR MINING IN
|
Basic Materials | 0.00% | 9.80% |
Sold All 😨
(Was: #2) |
0.3 | -3,353,891 | -100.0% |
CLOSED
|
— | $— | 2021 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
INSW
INTERNATIONAL S...
|
Energy | 0.00% | 1.07% |
Sold All 😨
(Was: #17) |
0.3 | -194,763 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-24 of 24 holdings