Q4 2025 · 13F-HR
SPROTT INC. (SII)holdings as filed
Filed 2026-02-12 · accession 0001512920-26-000002
$2.96B
Reported value
221
Positions
2025-12-31
Period end
The Brief · SPROTT INC. (SII) · Q4 2025
AI · grounded in 13F
SPROTT INC. (SII) increased its position in B by 282.91%. The fund established a new position in ELE worth $31.83M and grew its holding in RGLD by 175.63%. Conversely, the fund closed its position in EMX, resulting in a negative delta of $28.32M. Other reductions included trimming shares of SPY by 38.99% and WPM by 22.40%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 852066208 | SII | SPROTT INC | $162.7M | 5.49% | 1,661,137 | Common | SOLE |
| 29446Y502 | EQX | EQUINOX GOLD CORP | $139.8M | 4.72% | 9,946,732 | Common | SOLE |
| 85208J109 | FUND | SPROTT FOCUS TR INC | $134.1M | 4.53% | 15,450,730 | Common | SOLE |
| 192108504 | CDE | COEUR MNG INC | $133.4M | 4.50% | 7,480,370 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $121.8M | 4.11% | 718,019 | Common | SOLE |
| 450913108 | IAG | IAMGOLD CORP | $113.8M | 3.84% | 6,902,659 | Common | SOLE |
| 92859G608 | VZLA | VIZSLA SILVER CORP | $113.4M | 3.83% | 20,712,812 | Common | SOLE |
| 962879102 | WPM | WHEATON PRECIOUS METALS CORP | $105.1M | 3.55% | 893,905 | Common | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $104.1M | 3.51% | 2,389,369 | Common | SOLE |
| 68390D106 | OR | OR ROYALTIES INC | $84.8M | 2.86% | 2,394,407 | Common | SOLE |
| 78462F953 | SPY | SPDR S&P 500 ETF TR | $78.1M | 2.64% | 113,600 | PUT | SOLE |
| 78468R663 | BIL | SPDR SERIES TRUST | $75.9M | 2.56% | 830,949 | Common | SOLE |
| 85207H104 | PHYS | SPROTT ASSET MANAGEMENT LP | $73.0M | 2.47% | 2,211,413 | Common | SOLE |
| 284902509 | EGO | ELDORADO GOLD CORP NEW | $63.0M | 2.13% | 1,753,781 | Common | SOLE |
| 496902404 | KGC | KINROSS GOLD CORP | $61.6M | 2.08% | 2,189,104 | Common | SOLE |
| 714266103 | PPTA | PERPETUA RESOURCES CORP | $56.9M | 1.92% | 2,349,558 | Common | SOLE |
| G0378L100 | AU | ANGLOGOLD ASHANTI PLC | $54.9M | 1.85% | 644,193 | Common | SOLE |
| 85207K107 | PSLV | SPROTT ASSET MANAGEMENT LP | $51.8M | 1.75% | 2,188,883 | Common | SOLE |
| 44955L106 | IAUX | I-80 GOLD CORP | $51.7M | 1.75% | 35,136,999 | Common | SOLE |
| 351858105 | FNV | FRANCO NEV CORP | $49.3M | 1.66% | 237,666 | Common | SOLE |
| 011532108 | AGI | ALAMOS GOLD INC NEW | $43.8M | 1.48% | 1,134,107 | Common | SOLE |
| 697900108 | PAAS | PAN AMERN SILVER CORP | $40.5M | 1.37% | 781,084 | Common | SOLE |
| 46050R102 | THM | INTERNATIONAL TOWER HILL MIN | $36.5M | 1.23% | 19,790,315 | Common | SOLE |
| 89679M104 | TFPM | TRIPLE FLAG PRECIOUS METAL | $36.4M | 1.23% | 1,096,258 | Common | SOLE |
| 784730103 | SSRM | SSR MINING IN | $36.2M | 1.22% | 1,653,527 | Common | SOLE |
| 780287108 | RGLD | ROYAL GOLD INC | $33.8M | 1.14% | 152,045 | Common | SOLE |
| 670346105 | NUE | NUCOR CORP | $32.9M | 1.11% | 201,774 | Common | SOLE |
| 85208R101 | CEF | SPROTT ASSET MANAGEMENT LP | $32.1M | 1.08% | 699,916 | Common | SOLE |
| 28620K106 | ELE | ELEMENTAL RTY CORP | $31.8M | 1.07% | 1,875,676 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $29.5M | 1.00% | 245,225 | Common | SOLE |
| 464287900 | — | ISHARES TR | $29.0M | 0.98% | 303,600 | CALL | SOLE |
| 423452101 | HP | HELMERICH & PAYNE INC | $26.9M | 0.91% | 937,408 | Common | SOLE |
| 314211103 | FHI | FEDERATED HERMES INC | $26.4M | 0.89% | 506,385 | Common | SOLE |
| 83056P715 | SKE | SKEENA RES LTD NEW | $25.5M | 0.86% | 1,074,396 | Common | SOLE |
| 92189F951 | — | VANECK ETF TRUST | $24.2M | 0.82% | 188,400 | PUT | SOLE |
| 64440N103 | NFGC | NEW FOUND GOLD CORP | $23.7M | 0.80% | 7,997,610 | Common | SOLE |
| 29258Y103 | EXK | ENDEAVOUR SILVER CORP | $23.2M | 0.78% | 2,463,260 | Common | SOLE |
| 296006109 | ERO | ERO COPPER CORP | $22.8M | 0.77% | 806,451 | Common | SOLE |
| 46090E953 | QQQ | INVESCO QQQ TR | $21.5M | 0.72% | 34,900 | PUT | SOLE |
| 83419D201 | SLSR | SOLARIS RES INC | $20.3M | 0.69% | 2,548,169 | Common | SOLE |
| 128030202 | CALM | CAL MAINE FOODS INC | $19.4M | 0.66% | 244,050 | Common | SOLE |
| 125269100 | CF | CF INDS HLDGS INC | $18.3M | 0.62% | 236,295 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $17.8M | 0.60% | 194,706 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $16.5M | 0.56% | 165,515 | Common | SOLE |
| 68828E809 | ODV | OSISKO DEVELOPMENT CORP | $15.5M | 0.52% | 4,560,007 | Common | SOLE |
| 858119100 | STLD | STEEL DYNAMICS INC | $15.5M | 0.52% | 91,191 | Common | SOLE |
| 04316A108 | APAM | ARTISAN PARTNERS ASSET MGMT | $14.8M | 0.50% | 362,095 | Common | SOLE |
| G3156P103 | ASA | ASA GOLD AND PRECIOUS MTLS L | $14.0M | 0.47% | 235,183 | Common | SOLE |
| 759509102 | RS | RELIANCE INC | $13.7M | 0.46% | 47,279 | Common | SOLE |
| 644535106 | NGDN | NEW GOLD INC CDA | $13.6M | 0.46% | 1,562,483 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $13.1M | 0.44% | 26,112 | Common | SOLE |
| 64361Q101 | VNOM | VIPER ENERGY INC | $12.2M | 0.41% | 315,590 | Common | SOLE |
| 118440106 | BKE | BUCKLE INC | $11.8M | 0.40% | 220,000 | Common | SOLE |
| 85208P857 | METL | SPROTT FDS TR | $11.5M | 0.39% | 455,790 | Common | SOLE |
| 172755100 | CRUS | CIRRUS LOGIC INC | $11.2M | 0.38% | 94,840 | Common | SOLE |
| 59124U605 | MTA | METALLA RTY & STREAMING LTD | $11.0M | 0.37% | 1,415,520 | Common | SOLE |
| 44955L155 | IAUX/WS | I-80 GOLD CORP | $10.4M | 0.35% | 11,300,000 | Common | SOLE |
| 960413102 | WLK | WESTLAKE CORPORATION | $10.4M | 0.35% | 140,000 | Common | SOLE |
| 32076V103 | AG | FIRST MAJESTIC SILVER CORP | $10.3M | 0.35% | 619,628 | Common | SOLE |
| 885160101 | THO | THOR INDS INC | $9.8M | 0.33% | 95,000 | Common | SOLE |
| 88262P102 | TPL | TEXAS PACIFIC LAND CORPORATI | $9.7M | 0.33% | 33,921 | Common | SOLE |
| 03062D803 | USAS | AMERICAS GOLD AND SILVER COR | $8.4M | 0.28% | 1,643,896 | Common | SOLE |
| 85208P865 | GBUG | SPROTT FDS TR | $8.0M | 0.27% | 183,295 | Common | SOLE |
| 916896103 | UEC | URANIUM ENERGY CORP | $7.6M | 0.26% | 651,839 | Common | SOLE |
| 204448104 | BVN | COMPANIA DE MINAS BUENAVENTU | $7.3M | 0.25% | 264,021 | Common | SOLE |
| 46428Q909 | SLV | ISHARES SILVER TR | $6.9M | 0.23% | 90,000 | CALL | SOLE |
| 489398107 | KW | KENNEDY-WILSON HOLDINGS INC | $6.8M | 0.23% | 700,700 | Common | SOLE |
| 003260106 | PPLT | ABRDN PLATINUM ETF TRUST | $6.8M | 0.23% | 36,223 | Common | SOLE |
| 81369Y955 | — | SELECT SECTOR SPDR TR | $6.6M | 0.22% | 124,500 | PUT | SOLE |
| 30292L107 | FRPH | FRP HLDGS INC | $6.5M | 0.22% | 284,340 | Common | SOLE |
| 46655E100 | DC | DAKOTA GOLD CORP | $6.4M | 0.22% | 1,128,675 | Common | SOLE |
| 91702V101 | UROY | URANIUM RTY CORP | $5.7M | 0.19% | 1,619,644 | Common | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $5.7M | 0.19% | 66,444 | Common | SOLE |
| 37954Y848 | SIL | GLOBAL X FDS | $5.6M | 0.19% | 67,297 | Common | SOLE |
| 92206C409 | VCSH | VANGUARD SCOTTSDALE FDS | $5.2M | 0.18% | 65,400 | Common | SOLE |
| 44862P208 | HYMC | HYCROFT MINING HOLDING CORP | $4.7M | 0.16% | 198,724 | Common | SOLE |
| 566324109 | MMI | MARCUS & MILLICHAP INC | $4.6M | 0.16% | 170,000 | Common | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $4.6M | 0.16% | 501,402 | Common | SOLE |
| 422704106 | HL | HECLA MNG CO | $4.6M | 0.16% | 239,641 | Common | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $4.5M | 0.15% | 70,424 | Common | SOLE |
| 928298108 | VSH | VISHAY INTERTECHNOLOGY INC | $4.3M | 0.15% | 300,000 | Common | SOLE |
| 514952100 | LB | LANDBRIDGE COMPANY LLC | $4.2M | 0.14% | 85,193 | Common | SOLE |
| 806857108 | SLB | SLB LIMITED | $4.0M | 0.14% | 104,461 | Common | SOLE |
| 38059T106 | GFI | GOLD FIELDS LTD | $3.4M | 0.11% | 77,919 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $3.4M | 0.11% | 54,682 | Common | SOLE |
| 003264108 | SIVR | ABRDN SILVER ETF TRUST | $3.1M | 0.10% | 45,258 | Common | SOLE |
| 553368101 | MP | MP MATERIALS CORP | $3.0M | 0.10% | 59,703 | Common | SOLE |
| 83191H107 | SND | SMART SAND INC | $3.0M | 0.10% | 750,000 | Common | SOLE |
| 85210B201 | SGDJ | SPROTT ETF TRUST | $3.0M | 0.10% | 35,432 | Common | SOLE |
| 032108649 | SILJ | AMPLIFY ETF TR | $3.0M | 0.10% | 107,392 | Common | SOLE |
| 833635105 | SQM | SOCIEDAD QUIMICA Y MINERA DE | $3.0M | 0.10% | 42,894 | Common | SOLE |
| 248356107 | DNN | DENISON MINES CORP | $2.9M | 0.10% | 1,096,261 | Common | SOLE |
| 371901109 | GNTX | GENTEX CORP | $2.8M | 0.09% | 120,000 | Common | SOLE |
| 85207Q104 | SPPP | SPROTT ASSET MANAGEMENT LP | $2.7M | 0.09% | 163,117 | Common | SOLE |
| 349942102 | FSM | FORTUNA MNG CORP | $2.7M | 0.09% | 276,085 | Common | SOLE |
| 85210B102 | SGDM | SPROTT ETF TRUST | $2.6M | 0.09% | 37,310 | Common | SOLE |
| 389637109 | GBTC | GRAYSCALE BITCOIN TRUST ETF | $2.4M | 0.08% | 35,438 | Common | SOLE |
| 06849F908 | — | BARRICK MNG CORP | $2.4M | 0.08% | 51,000 | CALL | SOLE |
| 22052L104 | CTVA | CORTEVA INC | $2.4M | 0.08% | 35,814 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $2.4M | 0.08% | 12,142 | Common | SOLE |
| 256827783 | DVS | DOLLY VARDEN SILVER CORP | $2.4M | 0.08% | 535,250 | Common | SOLE |
| 37954Y830 | COPX | GLOBAL X FDS | $2.3M | 0.08% | 32,365 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $2.2M | 0.07% | 43,619 | Common | SOLE |
| 093671105 | HRB | BLOCK H & R INC | $2.2M | 0.07% | 50,000 | Common | SOLE |
| 053906103 | ASM | AVINO SILVER & GOLD MINES LT | $2.1M | 0.07% | 345,660 | Common | SOLE |
| 82835P103 | SVM | SILVERCORP METALS INC | $2.1M | 0.07% | 255,683 | Common | SOLE |
| 11777Q209 | BTG | B2GOLD CORP | $2.1M | 0.07% | 471,520 | Common | SOLE |
| 45826T509 | ITRG | INTEGRA RES CORP | $2.0M | 0.07% | 504,016 | Common | SOLE |
| 921078101 | OUNZ | VANECK MERK GOLD ETF | $1.8M | 0.06% | 44,583 | Common | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MANAGMT LTD | $1.8M | 0.06% | 34,312 | Common | SOLE |
| 443628102 | HBM | HUDBAY MINERALS INC | $1.7M | 0.06% | 84,913 | Common | SOLE |
| 012653101 | ALB | ALBEMARLE CORP | $1.7M | 0.06% | 11,852 | Common | SOLE |
| 74347X831 | TQQQ | PROSHARES TR | $1.6M | 0.05% | 30,800 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $1.5M | 0.05% | 3,877 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $1.5M | 0.05% | 5,531 | Common | SOLE |
| 00548F105 | PEO | ADAM NAT RES FD INC | $1.5M | 0.05% | 67,520 | Common | SOLE |
| 74347R107 | SSO | PROSHARES TR | $1.4M | 0.05% | 24,400 | Common | SOLE |
| 38071H106 | GROY | GOLD ROYALTY CORP | $1.4M | 0.05% | 344,140 | Common | SOLE |
| 85208P303 | URNM | SPROTT FDS TR | $1.4M | 0.05% | 25,099 | Common | SOLE |
| 811916105 | SA | SEABRIDGE GOLD INC | $1.4M | 0.05% | 45,715 | Common | SOLE |
| 74762E102 | QURE | QUANTA SVCS INC | $1.3M | 0.04% | 3,051 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $1.3M | 0.04% | 4,610 | Common | SOLE |
| G9108L173 | TEN | TSAKOS ENERGY NAVIGATION LTD | $1.2M | 0.04% | 55,000 | Common | SOLE |
| 450913908 | IAG | IAMGOLD CORP | $1.1M | 0.04% | 60,000 | CALL | SOLE |
| 292671708 | UUUU | ENERGY FUELS INC | $1.1M | 0.04% | 78,331 | Common | SOLE |
| Y41053102 | INSW | INTERNATIONAL SEAWAYS INC | $1.0M | 0.03% | 21,182 | Common | SOLE |
| 91912E105 | VALE | VALE S A | $978,349 | 0.03% | 75,084 | Common | SOLE |
| 81369Y506 | XLE | SELECT SECTOR SPDR TR | $969,313 | 0.03% | 21,680 | Common | SOLE |
| 04626A103 | ALAB | ASTERA LABS INC | $964,888 | 0.03% | 5,800 | Common | SOLE |
| 088606108 | BHP | BHP GROUP LTD | $876,608 | 0.03% | 14,521 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $875,605 | 0.03% | 1,947 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $843,647 | 0.03% | 3,655 | Common | SOLE |
| 64782A107 | NEWP | NEW PAC METALS CORP | $822,607 | 0.03% | 234,361 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $822,465 | 0.03% | 4,410 | Common | SOLE |
| 29446Y902 | — | EQUINOX GOLD CORP | $784,665 | 0.03% | 53,000 | CALL | SOLE |
| 032108959 | — | AMPLIFY ETF TR | $775,970 | 0.03% | 23,500 | PUT | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $725,743 | 0.02% | 4,481 | Common | SOLE |
| 25179M103 | DVN | DEVON ENERGY CORP NEW | $712,051 | 0.02% | 19,439 | Common | SOLE |
| 93627C101 | HCC | WARRIOR MET COAL INC | $707,652 | 0.02% | 8,026 | Common | SOLE |
| 85208P873 | SLVR | SPROTT FDS TR | $704,311 | 0.02% | 12,622 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $650,422 | 0.02% | 38,441 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $644,962 | 0.02% | 4,232 | Common | SOLE |
| 517097101 | LGO | LARGO INC | $633,301 | 0.02% | 675,737 | Common | SOLE |
| 68634K106 | ORLA | ORLA MNG LTD NEW | $617,222 | 0.02% | 45,822 | Common | SOLE |
| 46500E867 | ISOU | ISOENERGY LTD | $605,742 | 0.02% | 66,444 | Common | SOLE |
| 92189F791 | GDXJ | VANECK ETF TRUST | $584,602 | 0.02% | 5,138 | Common | SOLE |
| 89621C105 | TMQ | TRILOGY METALS INC NEW | $584,289 | 0.02% | 135,566 | Common | SOLE |
| 927926303 | VGZ | VISTA GOLD CORP | $582,297 | 0.02% | 295,582 | Common | SOLE |
| 85208P709 | LITP | SPROTT FDS TR | $539,113 | 0.02% | 44,740 | Common | SOLE |
| 46434G822 | EWJ | ISHARES INC | $534,499 | 0.02% | 6,620 | Common | SOLE |
| 26969P108 | EXP | EAGLE MATLS INC | $532,821 | 0.02% | 2,578 | Common | SOLE |
| 876511106 | TGB | TASEKO MINES LTD | $507,946 | 0.02% | 89,690 | Common | SOLE |
| Y2990R101 | HAFN | HAFNIA LTD | $506,350 | 0.02% | 95,000 | Common | SOLE |
| 464287226 | AGG | ISHARES TR | $505,592 | 0.02% | 5,062 | Common | SOLE |
| 62944T105 | NVR | NVR INC | $503,201 | 0.02% | 69 | Common | SOLE |
| 389638107 | ETHE | GRAYSCALE ETHEREUM TRUST ETF | $502,144 | 0.02% | 20,605 | Common | SOLE |
| 46436E718 | SGOV | ISHARES TR | $486,040 | 0.02% | 4,842 | Common | SOLE |
| 38149E101 | GLDG | GOLDMINING INC | $446,380 | 0.02% | 357,104 | Common | SOLE |
| Y8162K204 | SBLK | STAR BULK CARRIERS CORP | $437,908 | 0.01% | 22,784 | Common | SOLE |
| 459506101 | IFF | INTERNATIONAL FLAVORS&FRAGRA | $424,894 | 0.01% | 6,305 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $418,755 | 0.01% | 15,233 | Common | SOLE |
| 75281A109 | RRC | RANGE RES CORP | $416,773 | 0.01% | 11,820 | Common | SOLE |
| 38748T103 | PLTM | GRANITESHARES PLATINUM TR | $409,398 | 0.01% | 20,750 | Common | SOLE |
| 85208P881 | COPP | SPROTT FDS TR | $391,334 | 0.01% | 11,242 | Common | SOLE |
| 020764106 | AMR | ALPHA METALLURGICAL RESOUR I | $380,971 | 0.01% | 1,906 | Common | SOLE |
| 674599105 | OXY | OCCIDENTAL PETE CORP | $372,753 | 0.01% | 9,065 | Common | SOLE |
| G5568L109 | LZM | LIFEZONE METALS LIMITED | $369,722 | 0.01% | 86,586 | Common | SOLE |
| 767204100 | RIO | RIO TINTO PLC | $368,698 | 0.01% | 4,607 | Common | SOLE |
| 25520W107 | DEC | DIVERSIFIED ENERGY CO | $362,000 | 0.01% | 25,000 | Common | SOLE |
| 29259W700 | EU | ENCORE ENERGY CORP | $359,717 | 0.01% | 145,047 | Common | SOLE |
| 67066G954 | NVDA | NVIDIA CORPORATION | $358,210 | 0.01% | 2,000 | PUT | SOLE |
| 218937100 | CNR | CORE NATURAL RESOURCES INC | $354,040 | 0.01% | 4,000 | Common | SOLE |
| 04040Y109 | ARIS | ARIS MNG CORP | $343,005 | 0.01% | 21,134 | Common | SOLE |
| 74347W353 | AGQ | PROSHARES TR II | $328,854 | 0.01% | 2,120 | Common | SOLE |
| 92189H607 | OIH | VANECK ETF TRUST | $327,486 | 0.01% | 1,150 | Common | SOLE |
| 127190304 | CACI | CACI INTL INC | $313,292 | 0.01% | 588 | Common | SOLE |
| 512807306 | LRCX | LAM RESEARCH CORP | $308,124 | 0.01% | 1,800 | Common | SOLE |
| 19425C100 | CNL | COLLECTIVE MINING LTD | $307,849 | 0.01% | 21,100 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $301,248 | 0.01% | 960 | Common | SOLE |
| 464286400 | EWZ | ISHARES INC | $297,050 | 0.01% | 9,350 | Common | SOLE |
| 03676B102 | AM | ANTERO MIDSTREAM CORP | $293,535 | 0.01% | 16,500 | Common | SOLE |
| 285409108 | ELMD | ELECTROMED INC | $291,200 | 0.01% | 10,000 | Common | SOLE |
| G5568L117 | LZM/WS | LIFEZONE METALS LIMITED | $284,852 | 0.01% | 693,408 | Common | SOLE |
| 457187102 | INGR | INGREDION INC | $272,673 | 0.01% | 2,473 | Common | SOLE |
| 85208P600 | NIKL | SPROTT FDS TR | $267,725 | 0.01% | 17,020 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $253,870 | 0.01% | 2,712 | Common | SOLE |
| G65163100 | JOBY | JOBY AVIATION INC | $252,846 | 0.01% | 19,155 | Common | SOLE |
| 682680103 | OKE | ONEOK INC NEW | $249,900 | 0.01% | 3,400 | Common | SOLE |
| 76680V108 | REI | RING ENERGY INC | $247,950 | 0.01% | 285,000 | Common | SOLE |
| 034948109 | ANGX | ANGEL STUDIOS INC | $246,067 | 0.01% | 52,691 | Common | SOLE |
| 46578C108 | IE | IVANHOE ELECTRIC INC | $241,426 | 0.01% | 15,108 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $240,036 | 0.01% | 352 | Common | SOLE |
| 58039P305 | MUX | MCEWEN INC | $227,840 | 0.01% | 12,309 | Common | SOLE |
| Q4982L109 | IREN | IREN LIMITED | $226,998 | 0.01% | 6,010 | Common | SOLE |
| 91688R108 | URG | UR-ENERGY INC | $220,924 | 0.01% | 158,938 | Common | SOLE |
| 389930207 | BTC | GRAYSCALE BITCOIN MINI TR ET | $213,015 | 0.01% | 5,500 | Common | SOLE |
| 84265V105 | SCCO | SOUTHERN COPPER CORP | $210,614 | 0.01% | 1,468 | Common | SOLE |
| 36352H100 | GAU | GALIANO GOLD INC | $193,955 | 0.01% | 76,662 | Common | SOLE |
| 29258Y903 | — | ENDEAVOUR SILVER CORP | $123,420 | 0.00% | 11,000 | CALL | SOLE |
| 66987E206 | NG | NOVAGOLD RES INC | $115,848 | 0.00% | 12,430 | Common | SOLE |
| 95805V108 | WRN | WESTERN COPPER & GOLD CORP | $97,001 | 0.00% | 36,330 | Common | SOLE |
| 44952J104 | CRGY | CRESCENT ENERGY COMPANY | $94,388 | 0.00% | 11,250 | Common | SOLE |
| 87283P109 | TRX | TRX GOLD CORPORATION | $88,149 | 0.00% | 95,721 | Common | SOLE |
| 25380B102 | DGXX | DIGI PWR X INC | $76,500 | 0.00% | 30,000 | Common | SOLE |
| 53681J103 | LAC | LITHIUM AMERS CORP NEW | $70,139 | 0.00% | 16,087 | Common | SOLE |
| 87261Y106 | TMC | TMC THE METALS COMPANY INC | $68,086 | 0.00% | 11,035 | Common | SOLE |
| 46655E118 | DC | DAKOTA GOLD CORP | $63,921 | 0.00% | 17,609 | Common | SOLE |
| 703481101 | PTEN | PATTERSON-UTI ENERGY INC | $61,100 | 0.00% | 10,000 | Common | SOLE |
| 72765Q902 | PLG | PLATINUM GROUP METALS LTD | $55,140 | 0.00% | 20,000 | CALL | SOLE |
| 36269B105 | GANX | GAIN THERAPEUTICS INC | $38,640 | 0.00% | 12,000 | Common | SOLE |
| 56600D107 | MRVI | MARAVAI LIFESCIENCES HLDGS I | $32,500 | 0.00% | 10,000 | Common | SOLE |
| 36117T100 | FURY | FURY GOLD MINES LIMITED | $28,192 | 0.00% | 47,746 | Common | SOLE |
| 8342EP107 | XPL | SOLITARIO RESOURCES CORP | $23,226 | 0.00% | 33,333 | Common | SOLE |
| 54948X109 | LUCD | LUCID DIAGNOSTICS INC | $21,800 | 0.00% | 20,000 | Common | SOLE |
| 68828E239 | ODVWZ | OSISKO DEVELOPMENT CORP | $21,616 | 0.00% | 120,087 | Common | SOLE |
| 517097901 | LGO | LARGO INC | $18,825 | 0.00% | 15,000 | CALL | SOLE |
| 53566P109 | LCTX | LINEAGE CELL THERAPEUTICS IN | $16,700 | 0.00% | 10,000 | Common | SOLE |
| 862945102 | ASST | STRIVE INC | $11,070 | 0.00% | 15,000 | Common | SOLE |
| L0175J112 | ASPSW | ALTISOURCE PORTFOLIO SOLUTIO | $6,603 | 0.00% | 16,100 | Common | SOLE |
| G1152A120 | FUFUW | BITFUFU INC | $3,000 | 0.00% | 15,000 | Common | SOLE |
| G51405119 | CRGOW | FREIGHTOS LTD | $1,497 | 0.00% | 10,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.