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MI

Merk Investments Portfolio holdings

AUM $314M
1-Year Est. Return 74.91%
This Fund
S&P 500
This Quarter Est. Return
+9.79%
1 Year Est. Return
+74.91%
3 Year Est. Return
+303.14%
5 Year Est. Return
+299.66%
10 Year Est. Return
–
AUM
$94M
AUM Growth
+$5.44M
Cap. Flow
-$1.24M
Cap. Flow %
-1.32%
Top 10 Hldgs %
96.58%
Holding
15
New
1
Increased
–
Reduced
4
Closed
1

Top Buys

Rank Stock Value
1
PPTA
Perpetua Resources
PPTA
+$775K

Top Sells

Rank Stock Value
1
AU icon
AngloGold Ashanti
AU
+$902K
2
SCHP icon
Schwab US TIPS ETF
SCHP
+$754K
3
ITRG
Integra Resources
ITRG
+$183K
4
OUNZ icon
VanEck Merk Gold Trust
OUNZ
+$121K
5
USAS
Americas Gold and Silver
USAS
+$54.2K

Sector Composition

Rank Sector Weight
1 Materials 99.66%
2 Miscellaneous 0.34%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ORLA
1
DELISTED
Orla Mining
ORLA
$20.2M 21.51%
6,200,000
– –
AGI icon
2
Alamos Gold
AGI
$15B
$13.5M 14.33%
1,000,000
– –
B
3
Barrick Mining
B
$71.3B
$11.8M 12.51%
650,000
– –
AEM icon
4
Agnico Eagle Mines
AEM
$101B
$9.05M 9.63%
165,000
– –
GFI icon
5
Gold Fields
GFI
$37.9B
$8.68M 9.23%
600,000
– –
SSRM icon
6
SSR Mining
SSRM
$7.41B
$8.59M 9.14%
800,000
– –
BTG icon
7
B2Gold
BTG
$7.25B
$6.32M 6.73%
2,000,000
– –
AU icon
8
AngloGold Ashanti
AU
$52.2B
$5.14M 5.47%
275,000
-50,000
-15% -$902K
ITRG
9
Integra Resources
ITRG
$566M
$4.13M 4.4%
3,717,473
-219,999
-6% -$183K
SKE
10
Skeena Resources
SKE
$4.03B
$3.42M 3.64%
700,000
– –
SBSW icon
11
Sibanye-Stillwater
SBSW
$8.25B
$1.48M 1.58%
273,043
– –
PPTA
12
Perpetua Resources
PPTA
$2.91B
$729K 0.78%
+229,983
New +$775K
USAS
13
Americas Gold and Silver
USAS
$1.75B
$678K 0.72%
1,080,411
-78,761
-7% -$54.2K
OUNZ icon
14
VanEck Merk Gold Trust
OUNZ
$2.82B
$320K 0.34%
16,020
-6,349
-28% -$121K
SCHP icon
15
Schwab US TIPS ETF
SCHP
$15.9B
– –
-29,882
Closed -$754K

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PP
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SFPG
Stonebridge Financial Planning Group Orlando, Florida $314M AUM 23.1% 1-Year Est. Return
PSA
Plum Street Advisors New Orleans, Louisiana $313M AUM 19.55% 1-Year Est. Return
DRD
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MCC
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CF
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Merk Investments's Q4 2023 Portfolio in Review

As of Q4 2023, Merk Investments held 15 positions worth $94M, up 6.1% from $88.5M the previous quarter. Its ten largest holdings account for 97% of the portfolio.

Merk Investments's Q4 2023 filing shows 1 new, 4 reduced and 1 closed positions. Its largest new stake was Perpetua Resources: 229,983 shares worth $729K. The largest sale was AngloGold Ashanti, an estimated $902K.

By sector, the portfolio is most concentrated in Materials at 100% of assets, up from 99% a quarter earlier, followed by Miscellaneous.

  • Merk Investments's largest Q4 2023 buy was Perpetua Resources: 229,983 shares worth $729K.
  • Merk Investments's biggest Q4 2023 reduction was AngloGold Ashanti, cutting an estimated $902K.
  • Merk Investments fully exited Schwab US TIPS ETF in Q4 2023, selling an estimated $754K.
  • Merk Investments's ten largest holdings make up 97% of its $94M portfolio in Q4 2023.
  • Merk Investments opened 1 new position and closed 1 in Q4 2023.
  • Merk Investments's portfolio value rose 6.1% quarter-over-quarter to $94M.

Based on Merk Investments's 13F filing for Q4 2023, filed 14 Feb 2024.