Portfolio concentration
As of March 31, 2026 · N-PORT
Holdings
39
Top-10 weight
54.80%
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.
24
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.
422.1
Holdings
As of March 31, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | NEWMONT CORP | — | 114,230 | $12.37M | 8.01% |
| 2 | AGNICO EAGLE MINES LTD | — | 56,525 | $11.47M | 7.43% |
| 3 | FREEPORT MCMORAN INC | — | 185,025 | $10.88M | 7.04% |
| 4 | BARRICK MINING CORP | — | 228,190 | $9.31M | 6.03% |
| 5 | WHEATON PRECIOUS METALS CORP | — | 65,802 | $8.62M | 5.58% |
| 6 | ANGLOGOLD ASHANTI PLC | — | 72,195 | $7.03M | 4.55% |
| 7 | KINROSS GOLD CORP | — | 212,975 | $6.50M | 4.21% |
| 8 | FRANCO-NEVADA CORP | — | 25,555 | $6.31M | 4.09% |
| 9 | Gold Fields Ltd SPONSORED ADR | GFI US | 137,491 | $6.24M | 4.04% |
| 10 | COEUR MINING INC | — | 312,901 | $5.87M | 3.80% |
| 11 | PAN AMER SILVER | — | 98,442 | $5.38M | 3.48% |
| 12 | ALAMOS GOLD INC A | — | 109,490 | $4.86M | 3.15% |
| 13 | ROYAL GOLD INC | — | 16,193 | $4.12M | 2.67% |
| 14 | HECLA MINING CO | — | 207,645 | $3.87M | 2.51% |
| 15 | EQUINOX GOLD COR | — | 255,078 | $3.69M | 2.39% |
| 16 | IAMGOLD CORP | — | 192,110 | $3.62M | 2.34% |
| 17 | FIRST MAJESTIC S | — | 167,837 | $3.61M | 2.34% |
| 18 | HARMONY GOLD MNG-SPON ADR DEPOSITARY RECEIPT | HMY | 223,400 | $3.43M | 2.22% |
| 19 | OR ROYALTIES INC | — | 78,672 | $2.99M | 1.94% |
| 20 | ELDORADO GOLD | — | 85,436 | $2.93M | 1.90% |
| 21 | SSR MINING INC | — | 97,177 | $2.86M | 1.85% |
| 22 | B2GOLD CORPORATION | — | 604,701 | $2.74M | 1.77% |
| 23 | SIBANYE-STILLWATER LTD-ADR DEPOSITARY RECEIPT | SBSW | 221,544 | $2.73M | 1.77% |
| 24 | ORLA MINING LTD | — | 159,015 | $2.56M | 1.66% |
| 25 | ARIS MINING CORP | — | 120,184 | $2.23M | 1.45% |
| 26 | CENTERRA GOLD IN | — | 122,091 | $2.17M | 1.41% |
| 27 | FORTUNA MINING C | — | 195,939 | $1.95M | 1.26% |
| 28 | NOVAGOLD RESOURCES INC | — | 206,059 | $1.85M | 1.20% |
| 29 | ENDEAVOUR SILVER | — | 196,647 | $1.83M | 1.19% |
| 30 | SILVERCORP METAL | — | 160,516 | $1.72M | 1.12% |
| 31 | TRIPLE FLAG | — | 43,047 | $1.49M | 0.97% |
| 32 | PERPETUA RESOURC | — | 46,657 | $1.31M | 0.85% |
| 33 | SEABRIDGE GOLD | — | 40,635 | $1.15M | 0.75% |
| 34 | HYCROFT MINING HOLDING CORP | — | 31,459 | $1.11M | 0.72% |
| 35 | AVINO SILVER GOLD MINES LTD | ASM | 169,253 | $1.07M | 0.69% |
| 36 | MCEWEN MINING INC | — | 46,050 | $940.34K | 0.61% |
| 37 | AURA MINERALS INC | AUGO | 11,116 | $907.07K | 0.59% |
| 38 | ZAR/USD FORWARD | N/A | 349,180 | $349.18K | 0.23% |
| 39 | ZAR/USD FORWARD | N/A | 317,327 | $317.33K | 0.21% |
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