Institutional
Merk Investments LLC
CIK 0001302842
$367.9M
Reported AUM
11
Positions
Q1 2026
Period
2026-05-18
Filed
The Brief · Merk Investments LLC · Q1 2026
AI · grounded in 13F
Merk Investments LLC established a new position in VersaMet Royalties Corp VMET valued at $13.28M. The fund also increased its holdings in VanEck Merk Gold ETF OUNZ by 49.56%. Conversely, it trimmed its position in Americas Gold and Silver Corp USAS by 17.23%.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | USAS | AMERICAS GOLD AND SILVER COR | $3.94 | 7.65% | 59.13% | 40.77% | $101.2M | 27.52% | — | HELD |
| 2 | ORLA | ORLA MNG LTD NEW | $9.44 | 5.59% | -0.72% | 140.50% | $100.0M | 27.18% | — | HELD |
| 3 | EQX | EQUINOX GOLD CORP | $9.41 | 5.02% | 47.93% | 24.71% | $70.8M | 19.24% | — | HELD |
| 4 | AGI | ALAMOS GOLD INC | $28.40 | -0.63% | 15.15% | 275.48% | $20.0M | 5.43% | — | HELD |
| 5 | MTA | METALLA RTY & STREAMING LTD | $7.62 | 3.39% | 86.58% | -1.10% | $19.9M | 5.41% | — | HELD |
| 6 | AEM | AGNICO EAGLE MINES LTD | $150.75 | 4.38% | 16.42% | 181.07% | $16.2M | 4.41% | — | HELD |
| 7 | VMET | VERSAMET ROYALTIES CORP | $8.98 | 4.42% | -20.52% | -22.87% | $13.3M | 3.61% | — | HELD |
| 8 | BTG | B2GOLD CORP | $3.85 | 2.94% | 9.69% | 16.65% | $9.1M | 2.46% | — | HELD |
| 9 | NFGC | NEW FOUND GOLD CORP | $1.43 | 4.38% | -8.67% | -80.04% | $8.9M | 2.41% | — | HELD |
| 10 | ITRG | INTEGRA RES CORP | $2.16 | 5.88% | 45.95% | -22.86% | $7.0M | 1.90% | — | HELD |
| 11 | OUNZ | VANECK MERK GOLD ETF | $39.52 | 1.67% | 21.70% | 122.92% | $1.5M | 0.42% | — | HELD |
Source: SEC EDGAR · accession 0001420506-26-001171. 13F discloses long positions only — shorts, foreign equities, and options are excluded.