U.S. Global Investors (USGI)’s Seabridge Gold SA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$581K	Hold	40,000	–	–	0.07%	81
2025 Q1	$467K	Buy	40,000 +5,000	+14%	+$58.4K	0.06%	77
2024 Q4	$399K	Hold	35,000	–	–	0.04%	82
2024 Q3	$588K	Hold	35,000	–	–	0.06%	73
2024 Q2	$479K	Buy	35,000 +20,000	+133%	+$274K	0.05%	83
2024 Q1	$227K	Buy	+15,000	New	+$227K	0.02%	101
2022 Q3	–	Sell	-40,000	Closed	-$497K	–	138
2022 Q2	$497K	Hold	40,000	–	–	0.02%	77
2022 Q1	$740K	Hold	40,000	–	–	0.02%	82
2021 Q4	$660K	Sell	40,000 -54,000	-57%	-$891K	0.02%	82
2021 Q3	$1.45M	Buy	94,000 +64,000	+213%	+$989K	0.05%	56
2021 Q2	$527K	Hold	30,000	–	–	0.02%	91
2021 Q1	$485K	Hold	30,000	–	–	0.02%	91
2020 Q4	$632K	Hold	30,000	–	–	0.03%	78
2020 Q3	$563K	Hold	30,000	–	–	0.04%	71
2020 Q2	$526K	Hold	30,000	–	–	0.05%	77
2020 Q1	$281K	Hold	30,000	–	–	0.08%	102
2019 Q4	$415K	Hold	30,000	–	–	0.19%	129
2019 Q3	$380K	Buy	+30,000	New	+$380K	0.21%	131
2018 Q3	–	Sell	-45,000	Closed	-$502K	–	166
2018 Q2	$502K	Buy	+45,000	New	+$502K	0.23%	93
2018 Q1	–	Sell	-45,000	Closed	-$511K	–	121
2017 Q4	$511K	Hold	45,000	–	–	0.23%	82
2017 Q3	$549K	Hold	45,000	–	–	0.16%	81
2017 Q2	$519K	Buy	+45,000	New	+$519K	0.18%	82
2014 Q4	–	Sell	-175,000	Closed	-$1.41M	–	309
2014 Q3	$1.41M	Buy	+175,000	New	+$1.41M	0.4%	69