GLOBAL STRATEGIC MANAGEMENT INC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, GLOBAL STRATEGIC MANAGEMENT INC maintained a portfolio of 50 distinct positions. The most significant new addition to the portfolio was TRIPLE FLAG PRECIOUS, which now represents 8.95% of the total fund value. They heavily accumulated shares in METALLA RTY & STREAM, increasing their position by 157.0%. Conversely, GLOBAL STRATEGIC MANAGEMENT INC completely exited their position in FORTUNA SILVER MINES.
PCA Score Concentration Risk
Risk ENB
Total Positions
50
Quarter
2025 Q4
Top Holding
FNV (13.6%)
Top 10 Concentration
80.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 50
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
FNV
FRANCO NEV CORP
Basic Materials 13.58% 16.80% #1
Prev: #1
6.0 -35,259 -31.0%
P
S
78,651 $16,285 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MTA
METALLA RTY & S...
Basic Materials 13.49% 11.98% #2
Prev: #2
8.5 1,272,473 157.0%
P
S
2,082,799 $16,183 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AEM
AGNICO EAGLE MI...
Basic Materials 9.91% 2.89% #3 9
Prev: #12
8.0 35,011 100.4%
P
S
69,890 $11,887 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TFPM
TRIPLE FLAG PRE...
Basic Materials 8.95% #4
Prev: #—
7.6 323,309 no change
NEW
323,309 $10,731 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FSM
FORTUNA MNG COR...
Basic Materials 7.71% #5
Prev: #—
7.1 941,349 no change
NEW
941,349 $9,244 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
OR
OR ROYALTIES IN...
Basic Materials 6.70% #6
Prev: #—
6.2 225,992 no change
NEW
225,992 $8,041 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PAAS
PAN AMERN SILVE...
Basic Materials 6.66% 4.53% #7
Prev: #7
5.2 42,430 38.0%
P
S
153,984 $7,986 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
B
BARRICK MNG COR...
Basic Materials 4.56% #8
Prev: #—
5.3 125,305 no change
NEW
125,305 $5,472 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RGLD
ROYAL GOLD INC
Basic Materials 4.43% 5.76% #9 3
Prev: #6
1.8 -22,053 -47.9%
P
S
23,941 $5,315 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ELE
ELEMENTAL RTY C...
Basic Materials 3.95% #10
Prev: #—
5.1 281,197 no change
NEW
281,197 $4,740 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WPM
WHEATON PRECIOU...
Basic Materials 3.86% 3.02% #11
Prev: #11
1.5 -21,936 -35.8%
P
S
39,369 $4,634 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
DAKOTA GOLD COR...
Unknown 2.58% #12
Prev: #—
4.5 542,720 no change
NEW
542,720 $3,094 13F Filing 2025-12-31 2026-02-14 (Est.)
BTG
B2GOLD CORP
Basic Materials 1.99% 1.45% #13 3
Prev: #16
3.8 309,064 140.5%
P
S
528,964 $2,391 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ARCC
ARES CAPITAL CO...
Financial Services 1.85% 3.41% #14 5
Prev: #9
0.7 -62,359 -36.3%
P
S
109,241 $2,217 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EQX
EQUINOX GOLD CO...
Basic Materials 1.61% 1.36% #15 3
Prev: #18
3.1 25,178 22.6%
P
S
136,678 $1,927 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
PSLV
SPROTT ASSET MA...
Unknown 1.50% 1.34% #16 3
Prev: #19
1.1 29 0.0%
P
S
75,500 $1,795 2019 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
LAND
GLADSTONE LD CO...
Real Estate 1.18% 0.79% #17 6
Prev: #23
3.5 109,456 239.2%
P
S
155,220 $1,420 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ORLA
ORLA MNG LTD
Basic Materials 1.08% #18
Prev: #—
3.9 96,700 no change
NEW
96,700 $1,299 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IE
IVANHOE ELECTRI...
Basic Materials 0.82% #19
Prev: #—
3.8 61,638 no change
NEW
61,638 $981 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WRN
WESTERN COPPER ...
Basic Materials 0.73% #20
Prev: #—
3.8 325,400 no change
NEW
325,400 $870 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DMLP
DORCHESTER MINE...
Energy 0.54% #21
Prev: #—
3.7 29,050 no change
NEW
29,050 $644 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GAIN
GLADSTONE INVT ...
Financial Services 0.45% 1.79% #22 9
Prev: #13
0.2 -111,849 -74.1%
P
S
39,032 $545 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ERO
ERO COPPER CORP
Basic Materials 0.44% #23
Prev: #—
3.7 18,608 no change
NEW
18,608 $527 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PTON
PELOTON INTERAC...
Consumer Cyclical 0.41% #24
Prev: #—
3.7 79,200 no change
NEW
79,200 $490 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CAG
CONAGRA BRANDS ...
Consumer Defensive 0.38% #25
Prev: #—
3.7 26,500 no change
NEW
26,500 $461 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GBDC
GOLUB CAP BDC I...
Financial Services 0.34% 0.68% #26
Prev: #26
0.1 -11,159 -27.2%
P
S
29,900 $406 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SEG
SEAPORT ENTMT G...
Real Estate 0.28% #27
Prev: #—
3.6 17,300 no change
NEW
17,300 $341 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
FORTUNA SILVER ...
CALL
CALL Option 0.00% 0.02%
Sold All 😨
(Was: #36)
0.0 -2,100 -100.0%
CLOSED
$— 13F Filing 2025-12-31 2026-02-14 (Est.)
KGC
KINROSS GOLD CO...
Basic Materials 0.00% 0.12%
Sold All 😨
(Was: #35)
0.0 -14,200 -100.0%
CLOSED
$— 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MMX
MAVERIX METALS ...
Unknown 0.00% 0.22%
Sold All 😨
(Was: #34)
0.0 -34,800 -100.0%
CLOSED
$— 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GLD
SPDR GOLD TR GO...
ETF 0.00% 0.26%
Sold All 😨
(Was: #33)
0.0 -1,219 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GFI
GOLD FIELDS LTD
Basic Materials 0.00% 0.27%
Sold All 😨
(Was: #32)
0.0 -25,100 -100.0%
CLOSED
$— 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EOG
EOG RES INC
Energy 0.00% 0.32%
Sold All 😨
(Was: #31)
0.0 -5,490 -100.0%
CLOSED
$— 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CVX
CHEVRON CORP
Energy 0.00% 0.37%
Sold All 😨
(Was: #30)
0.0 -3,760 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PAAS
PAN AMERN SILVE...
CALL
CALL Option 0.00% 0.37%
Sold All 😨
(Was: #29)
0.0 -9,200 -100.0%
CLOSED
$— 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GSK
GLAXOSMITHKLINE...
Healthcare 0.00% 0.59%
Sold All 😨
(Was: #28)
0.0 -13,590 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PHYS
SPROTT PHYSICAL...
Unknown 0.00% 0.68%
Sold All 😨
(Was: #27)
0.0 -61,700 -100.0%
CLOSED
$— 2019 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MUFG
MITSUBISHI UFJ ...
Financial Services 0.00% 0.71%
Sold All 😨
(Was: #25)
0.0 -135,500 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SAND
SANDSTORM GOLD ...
Unknown 0.00% 0.71%
Sold All 😨
(Was: #24)
0.0 -84,800 -100.0%
CLOSED
$— 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GFI
GOLD FIELDS LTD
CALL
CALL Option 0.00% 0.90%
Sold All 😨
(Was: #22)
0.0 -33,600 -100.0%
CLOSED
$— 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
GLADSTONE CAPIT...
Unknown 0.00% 0.91%
Sold All 😨
(Was: #21)
0.0 -87,678 -100.0%
CLOSED
$— 13F Filing 2025-12-31 2026-02-14 (Est.)
L
LOEWS CORP
Financial Services 0.00% 0.92%
Sold All 😨
(Was: #20)
0.0 -17,435 -100.0%
CLOSED
$— 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ABX
BARRICK GOLD CO...
CALL
CALL Option 0.00% 1.43%
Sold All 😨
(Was: #17)
0.0 -53,300 -100.0%
CLOSED
$— 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
BARCLAYS BANK P...
Unknown 0.00% 1.47%
Sold All 😨
(Was: #15)
0.0 -75,000 -100.0%
CLOSED
$— 13F Filing 2025-12-31 2026-02-14 (Est.)
PVG
PRETIUM RES INC
Unknown 0.00% 1.78%
Sold All 😨
(Was: #14)
0.0 -131,435 -100.0%
CLOSED
$— 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VGZ
VISTA GOLD CORP
Basic Materials 0.00% 3.32%
Sold All 😨
(Was: #10)
0.0 -2,632,066 -100.0%
CLOSED
$— 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ABX
BARRICK GOLD CO...
Financial Services 0.00% 3.63%
Sold All 😨
(Was: #8)
0.0 -135,562 -100.0%
CLOSED
$— 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EMX
EMX RTY CORP
Unknown 0.00% 7.95%
Sold All 😨
(Was: #5)
0.0 -2,045,908 -100.0%
CLOSED
$— 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
FORTUNA SILVER ...
Unknown 0.00% 8.49%
Sold All 😨
(Was: #4)
0.0 -876,129 -100.0%
CLOSED
$— 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
OSISKO GOLD ROY...
Unknown 0.00% 8.75%
Sold All 😨
(Was: #3)
0.0 -585,769 -100.0%
CLOSED
$— 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 50 holdings

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