CIK 1777234
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Metals & Mining | 92.09% | 7 |
| Pharmaceuticals & Biotechnology | 4.97% | 1 |
| Unclassified | 2.94% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AEM | AGNICO EAGLE MINES LTD | Materials | 41.38% |
| 2 | ELE | Elemental Royalty Corp | Materials | 23.15% |
| 3 | AGI | ALAMOS GOLD INC CLASS A | Materials | 12.89% |
| 4 | WPM | WHEATON PRECIOUS METALS CORP | Materials | 6.59% |
| 5 | ALEC | Alector, Inc. | Health Care | 4.97% |
| 6 | ITRG | Integra Resources Corp. | Materials | 4.17% |
| 7 | DC | Dakota Gold Corp. | Materials | 2.99% |
| 8 | GLDM | WORLD GOLD TR | Unclassified | 2.94% |
| 9 | GROY | Gold Royalty Corp. | Materials | 0.93% |
8/9 names classified · sector 97.1% of weight · industry 97.1% · mkt cap 35.3%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 97.1% of the book is sector-classified (unclassified names shown, never dropped).
Only 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.0% of book weight (0/9 names) · unclassified 100.0%: AEM, ELE, AGI, WPM, ALEC, ITRG, DC, GLDM, GROY. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | AEMAGNICO EAGLE MINES LTD | 145,873 | $30M | 41.4% | HOLD |
| 2 | ELEELEMENTAL RTY CORP | 879,123 | $17M | 23.1% | HOLD |
| 3 | AGIALAMOS GOLD INC NEW | 208,000 | $9M | 12.9% | HOLD |
| 4 | WPMWHEATON PRECIOUS METALS CORP | 36,000 | $5M | 6.6% | HOLD |
| 5 | ALECALECTOR INC | 1,652,520 | $4M | 5.0% | ADD 10% |
| 6 | ITRGINTEGRA RES CORP | 1,107,875 | $3M | 4.2% | ADD 22% |
| 7 | DCDAKOTA GOLD CORP | 423,321 | $2M | 3.0% | ADD 113% |
| 8 | GLDMWORLD GOLD TR | 22,700 | $2M | 2.9% | TRIM −89% |
| 9 | GROYGOLD ROYALTY CORP | 185,890 | $665,486 | 0.9% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| AEMAGNICO EAGLE MINES LTD | 110K | 120K | 138K | 138K | 147K | 146K | $30M |
| ELEELEMENTAL RTY CORP | — | — | — | — | 877K | 879K | $17M |
| AGIALAMOS GOLD INC NEW | — | 28K | 208K | 208K | 208K | 208K | $9M |
| WPMWHEATON PRECIOUS METALS CORP | — | 36K | 36K | 36K | 36K | 36K | $5M |
| ALECALECTOR INC | 167K | 167K | 167K | 482K | 1.5M | 1.7M | $4M |
| ITRGINTEGRA RES CORP | — | — | 122K | 122K | 908K | 1.1M | $3M |
| DCDAKOTA GOLD CORP | — | — | 49K | 72K | 198K | 423K | $2M |
| GLDMWORLD GOLD TR | 153K | 184K | 204K | 204K | 204K | 23K | $2M |
| GROYGOLD ROYALTY CORP | — | — | 114K | 186K | 186K | 186K | $665,486 |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
