Q4 2025 · 13F-HR
Extract Advisors LLCholdings as filed
Filed 2026-02-13 · accession 0001703148-26-000004
$385.7M
Reported value
24
Positions
2025-12-31
Period end
The Brief · Extract Advisors LLC · Q4 2025
AI · grounded in 13F
Extract Advisors LLC established a new position in SLV valued at $147.5M. The fund also initiated new stakes in RGLD for $32.6M and ELE for $28.9M. Additional new positions include HYMC at $20.7M, IAG at $20.3M, and UEC at $16.2M. The fund ended the period with 24 positions and total AUM of $385.7M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46428Q109 | SLV | ISHARES SILVER TR | $147.5M | 38.2% | 2,290,000 | PUT | SOLE |
| 780287108 | RGLD | ROYAL GOLD INC | $32.6M | 8.46% | 146,731 | Common | SOLE |
| 28620K106 | ELE | ELEMENTAL RTY CORP | $28.9M | 7.50% | 1,708,292 | Common | SOLE |
| 44862P208 | HYMC | HYCROFT MINING HOLDING CORP | $20.7M | 5.36% | 870,000 | PUT | SOLE |
| 450913108 | IAG | IAMGOLD CORP | $20.3M | 5.27% | 1,232,612 | Common | SOLE |
| 916896103 | UEC | URANIUM ENERGY CORP | $16.2M | 4.21% | 1,390,000 | CALL | SOLE |
| 29259W700 | EU | ENCORE ENERGY CORP | $14.8M | 3.83% | 5,950,100 | CALL | SOLE |
| 284902509 | EGO | ELDORADO GOLD CORP NEW | $14.5M | 3.75% | 402,584 | Common | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $12.0M | 3.11% | 275,000 | Common | SOLE |
| 93627C101 | HCC | WARRIOR MET COAL INC | $8.7M | 2.26% | 98,978 | Common | SOLE |
| 152006102 | CGAU | CENTERRA GOLD INC | $8.7M | 2.26% | 605,600 | Common | SOLE |
| 962879102 | WPM | WHEATON PRECIOUS METALS CORP | $8.4M | 2.18% | 71,599 | Common | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $8.3M | 2.15% | 902,505 | Common | SOLE |
| 68390D106 | OR | OR ROYALTIES INC. | $6.9M | 1.80% | 195,657 | Common | SOLE |
| 714266103 | PPTA | PERPETUA RESOURCES CORP | $5.5M | 1.44% | 229,000 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $5.2M | 1.34% | 30,410 | Common | SOLE |
| 248356107 | DNN | DENISON MINES CORP | $4.6M | 1.19% | 1,725,182 | Common | SOLE |
| 92859G608 | VZLA | VIZSLA SILVER CORP | $4.2M | 1.10% | 775,430 | Common | SOLE |
| 83419D201 | SLSR | SOLARIS RES INC | $4.2M | 1.08% | 519,952 | Common | SOLE |
| 59124U605 | MTA | METALLA RTY & STREAMING LTD | $3.6M | 0.92% | 456,339 | Common | SOLE |
| 29446Y502 | EQX | EQUINOX GOLD CORP | $3.4M | 0.87% | 240,000 | CALL | SOLE |
| 92919F103 | VOXR | VOX ROYALTY CORP | $3.1M | 0.80% | 652,114 | Common | SOLE |
| 65346E204 | NEXM | NEXMETALS MINING CORP. | $2.9M | 0.76% | 747,000 | Common | SOLE |
| 03464C205 | AEC | ANFIELD ENERGY INC | $480,396 | 0.12% | 93,650 | 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.