Portfolio concentration
As of December 31, 2025 · N-PORT
Holdings
10
Top-10 weight
100.00%
Effective holdings
?
The number of equal-weight positions that would produce this portfolio's concentration (1 ÷ Herfindahl index). A 500-stock fund dominated by a few mega-caps might have only ~100 effective holdings.
2
Crowding
?
The value-weighted average number of funds that also own this fund's positions. High = consensus/crowded picks; low = holdings few other funds own.
85.3
Holdings
As of December 31, 2025 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | MONEY MARKET FUND | GOIXX | 41,367,383 | $41.37M | 80.63% |
| 2 | Sprott Physical Gold Trust USD Class | PHYS | 130,000 | $4.29M | 8.37% |
| 3 | VanEck Merk Gold ETF | — | 50,000 | $2.07M | 4.04% |
| 4 | SHS BEN INT | IBIT | 20,000 | $993.00K | 1.94% |
| 5 | Bollore SE EUR0.16 | BOL | 150,000 | $844.81K | 1.65% |
| 6 | Sprott Physical Uranium Trust | U/U | 40,000 | $778.73K | 1.52% |
| 7 | Diana Shipping, Inc. | — | 175,000 | $290.50K | 0.57% |
| 8 | US ULTRA BOND CBT Sep25 | — | 250,000 | $250.00K | 0.49% |
| 9 | US ULTRA BOND CBT Sep25 | — | 250,000 | $250.00K | 0.49% |
| 10 | Moscow Exchange MICEX-RTS PJSC RUB1(RUB) | MOEX | 1,300,000 | $164 | 0.00% |
| 11 | SBERBANK OF RUSSIA /USD/OFAC FAIL/ 0.00000000 | SBER | 324,000 | $4 | 0.00% |
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.