We are live on ! Find out more
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
Cap. Flow
-$64M
Cap. Flow %
-6.86%
Top 10 Hldgs %
51.32%
Holding
167
New
31
Increased
39
Reduced
32
Closed
38

Top Buys

Rank Stock Value
1
RGLD icon
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 icon
OR Royalties Inc
OR
+$20.6M
2
LUV icon
Southwest Airlines
LUV
+$19.4M
3
AAL icon
American Airlines Group
AAL
+$12.4M
4
BTG icon
B2Gold
BTG
+$10.3M
5
SSRM icon
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
UAL icon
1
United Airlines
UAL
$41.9B
$88.6M 9.48%
792,076
+11,893
+2% +$1.2M
LUV icon
2
Southwest Airlines
LUV
$23B
$87.1M 9.33%
2,107,325
-555,956
-21% -$19.4M
AAL icon
3
American Airlines Group
AAL
$10.6B
$85.4M 9.14%
5,569,844
-915,474
-14% -$12.4M
DAL icon
4
Delta Air Lines
DAL
$60.5B
$84.4M 9.04%
1,216,731
-144,302
-11% -$9.02M
ALGT icon
5
Allegiant Air
ALGT
$2.61B
$24.3M 2.6%
284,685
-95,993
-25% -$6.86M
SNCY
6
DELISTED
Sun Country Airlines
SNCY
$23.2M 2.48%
1,611,228
-216,991
-12% -$2.77M
ALK icon
7
Alaska Air
ALK
$5.66B
$22.9M 2.46%
455,934
+84,569
+23% +$3.91M
SKYW icon
8
Skywest
SKYW
$4.4B
$22.4M 2.4%
223,006
+8,594
+4% +$861K
JBLU icon
9
JetBlue
JBLU
$2.34B
$21.5M 2.3%
4,728,754
+219,622
+5% +$1M
ULCC icon
10
Frontier Group Holdings
ULCC
$1.75B
$19.5M 2.09%
4,137,964
-425,381
-9% -$1.88M
RGLD icon
11
Royal Gold
RGLD
$18.5B
$19.3M 2.07%
86,938
+84,658
+3,713% +$16.8M
WPM icon
12
Wheaton Precious Metals
WPM
$56.9B
$18.7M 2%
158,776
+10,287
+7% +$1.1M
FNV icon
13
Franco-Nevada
FNV
$44.6B
$18.5M 1.98%
89,311
+6,774
+8% +$1.37M
BA icon
14
Boeing
BA
$184B
$16.8M 1.8%
77,292
+11,018
+17% +$2.27M
BKNG icon
15
Booking.com
BKNG
$156B
$16.2M 1.74%
75,750
+6,175
+9% +$1.27M
EXPE icon
16
Expedia Group
EXPE
$36.8B
$16.1M 1.72%
56,812
-13,815
-20% -$3.41M
TXT icon
17
Textron
TXT
$15.1B
$16M 1.72%
183,921
-6,125
-3% -$513K
GD icon
18
General Dynamics
GD
$105B
$15.7M 1.69%
46,780
-649
-1% -$221K
TRIP icon
19
TripAdvisor
TRIP
$1.21B
$15.1M 1.62%
1,037,854
+164,985
+19% +$2.51M
SABR icon
20
Sabre
SABR
$886M
$13.8M 1.48%
10,173,592
+1,477,143
+17% +$2.54M
B
21
Barrick Mining
B
$69.3B
$13.7M 1.47%
315,000
+215,000
+215% +$8.07M
OR icon
22
OR Royalties Inc
OR
$6.03B
$12.1M 1.3%
343,245
-587,831
-63% -$20.6M
MTA
23
Metalla Royalty & Streaming
MTA
$785M
$11.1M 1.19%
1,432,510
+617,923
+76% +$4.44M
CGAU
24
Centerra Gold
CGAU
$3.87B
$10.4M 1.11%
+721,921
New +$9.04M
IAG icon
25
IAMGOLD
IAG
$9.27B
$9.48M 1.02%
575,000
+75,000
+15% +$1.06M
1
2 3 4 5

Similar funds

CCP
Clough Capital Partners Boston, Massachusetts $1.04B AUM 49.7% 1-Year Est. Return
CGA
Crescent Grove Advisors Lake Forest, Illinois $1.04B AUM 17.78% 1-Year Est. Return
SM
Scoggin Management New York $1.04B AUM 232.32% 1-Year Est. Return
RC
RDST Capital Seattle, Washington $1.04B AUM 0.4% 1-Year Est. Return
OPFM
Optimus Prime Fund Management Grand Cayman, Cayman Islands $1.04B AUM 9.64% 1-Year Est. Return
MSIIA
Morgan Stanley Institutional Investment Advisors Greenwood Village, Colorado $1.04B AUM 22.76% 1-Year Est. Return
TBA
Tower Bridge Advisors Conshohocken, Pennsylvania $1.04B AUM 23.66% 1-Year Est. Return
CFFNO
Common Fund For Nonprofit Organizations Wilton, Connecticut $1.03B AUM 22.44% 1-Year Est. Return

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.