Managers / Q1 2026
GLOBAL STRATEGIC MANAGEMENT INC
CIK 0001413303 · PO BOX 9024106, SAN JUAN, PR, 00902-4106 · 410-224-2037
Summary
Global Strategic Management Inc reported $120M in U.S.-listed holdings across 25 positions for Q1 2026.
Its largest position, FNV, represents 15.6% of the portfolio.
Compared with Q4 2025, the fund opened 4 new positions and exited 6.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 96.0% · $116M
- Other · 2.3% · $3M
- REIT · 1.0% · $1M
- ADR · 0.6% · $759,000
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| DAKOTA GOLD CORP | NEW | +555.1K | 555.1K | +$3M | $3M |
| DEODIAGEO PLC | NEW | +10.2K | 10.2K | +$759,000 | $759,000 |
| VMETVERSAMET ROYALTIES CORP | NEW | +33.5K | 33.5K | +$316,000 | $316,000 |
| IAUXI-80 GOLD CORP | NEW | +120.0K | 120.0K | +$181,000 | $181,000 |
| DAKOTA GOLD CORP | SOLD OUT | −542.7K | 0 | −$3M | $0 |
| DMLPDORCHESTER MINERALS LP | SOLD OUT | −29.1K | 0 | −$644,000 | $0 |
| GAINGLADSTONE INVT CORP | SOLD OUT | −39.0K | 0 | −$545,000 | $0 |
| EROERO COPPER CORP | SOLD OUT | −18.6K | 0 | −$527,000 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $120M | 25 | May 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $120M | 27 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $85M | 36 | Feb 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $78M | 29 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $78M | 31 | Aug 11, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $49M | 34 | Apr 27, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $65M | 34 | Feb 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $128M | 37 | Nov 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $115M | 31 | Aug 13, 2019 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2019 | $106M | 31 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $102M | 28 | Feb 15, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.