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USGIU
U.S. Global Investors (USGI) Portfolio holdings
AUM
$1.04B
1-Year Est. Return
73.31%
This Fund
S&P 500
This Quarter
Est. Return
+16.11%
1 Year Est. Return
+73.31%
3 Year Est. Return
+118.98%
5 Year Est. Return
+100.02%
10 Year Est. Return
+261.79%
AUM
$934M
AUM Growth
+$48.2M
(+5.4%)
Cap. Flow
-$64M
Cap. Flow
% of AUM
-6.86%
Top 10 Holdings %
Top 10 Hldgs %
51.32%
Holding
167
New
31
Increased
39
Reduced
32
Closed
38
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Gold
RGLD
|
+$16.8M |
| 2 |
CGAU
Centerra Gold
CGAU
|
+$9.04M |
| 3 |
B
Barrick Mining
B
|
+$8.07M |
| 4 |
USAS
Americas Gold and Silver
USAS
|
+$5.49M |
| 5 |
GAU
Galiano Gold
GAU
|
+$5.42M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
OR Royalties Inc
OR
|
+$20.6M |
| 2 |
Southwest Airlines
LUV
|
+$19.4M |
| 3 |
American Airlines Group
AAL
|
+$12.4M |
| 4 |
B2Gold
BTG
|
+$10.3M |
| 5 |
SSR Mining
SSRM
|
+$10.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 60.76% |
| 2 | Materials | 27.91% |
| 3 | Consumer Discretionary | 8.29% |
| 4 | Technology | 1.52% |
| 5 | Energy | 0.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ORLA
151
DELISTED
Orla Mining
ORLA
| – | – |
-552,301
| Closed | -$5.96M |
|
|
PPIH
152
Perma-Pipe International
PPIH
$217M
| – | – |
-5,000
| Closed | -$117K |
|
|
PPL
153
PPL Corp
PPL
$26.6B
| – | – |
-5,000
| Closed | -$186K |
|
|
PR
154
Permian Resources
PR
$18B
| – | – |
-15,000
| Closed | -$192K |
|
155
Rivian
RIVN
$23.4B
| – | – |
-19,000
| Closed | -$279K |
|
156
Sigma Lithium
SGML
$1.33B
| – | – |
-10,000
| Closed | -$64.1K |
|
|
157
SSR Mining
SSRM
$6.64B
| – | – |
-415,642
| Closed | -$10.1M |
|
158
Scorpio Tankers
STNG
$3.79B
| – | – |
-3,347
| Closed | -$188K |
|
159
Constellation Brands
STZ
$22.8B
| – | – |
-1,800
| Closed | -$242K |
|
160
Teekay
TK
$1.01B
| – | – |
-44,216
| Closed | -$362K |
|
161
Toll Brothers
TOL
$14.1B
| – | – |
-4,350
| Closed | -$601K |
|
162
CALL
Tesla
TSLA
$1.3T
| – | – |
-60
| Closed | -$269K |
|
163
VF Corp
VFC
$5.76B
| – | – |
-11,000
| Closed | -$159K |
|
164
Weyerhaeuser
WY
$17.8B
| – | – |
-13,000
| Closed | -$322K |
|
165
ZIM Integrated Shipping Services
ZIM
$3B
| – | – |
-35,525
| Closed | -$481K |
|
166
GE Vernova
GEV
$277B
| – | – |
-750
| Closed | -$461K |
|
167
Hafnia
HAFN
$3.71B
| – | – |
-31,161
| Closed | -$187K |
|
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U.S. Global Investors (USGI)'s Q4 2025 Portfolio in Review
As of Q4 2025, U.S. Global Investors (USGI) held 167 positions worth $934M, up 5.4% from $886M the previous quarter. Its ten largest holdings account for 51% of the portfolio.
U.S. Global Investors (USGI) withdrew a net $64M in Q4 2025, closing 38 positions and reducing 32 holdings. Its most notable exit was B2Gold, an estimated $10.3M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 61% of assets, up from 58% a quarter earlier, followed by Materials and Consumer Discretionary.
Against the trend, U.S. Global Investors (USGI) opened a new position in Centerra Gold worth $10.4M.
- U.S. Global Investors (USGI)'s largest Q4 2025 buy was Centerra Gold: 721,921 shares worth $10.4M.
- U.S. Global Investors (USGI) added most to Royal Gold in Q4 2025, an estimated $16.8M increase.
- U.S. Global Investors (USGI)'s biggest Q4 2025 reduction was OR Royalties Inc, cutting an estimated $20.6M.
- U.S. Global Investors (USGI) fully exited B2Gold in Q4 2025, selling an estimated $10.3M.
- U.S. Global Investors (USGI)'s ten largest holdings make up 51% of its $934M portfolio in Q4 2025.
- U.S. Global Investors (USGI) opened 31 new positions and closed 38 in Q4 2025.
- U.S. Global Investors (USGI)'s portfolio value rose 5.4% quarter-over-quarter to $934M.
Based on U.S. Global Investors (USGI)'s 13F filing for Q4 2025, filed 28 Jan 2026.