SEC 13F Intelligence

Managers / Q3 2019 · view latest →

GLOBAL STRATEGIC MANAGEMENT INC

CIK 0001413303 · PO BOX 9024106, SAN JUAN, PR, 00902-4106 · 410-224-2037

Reported Value
$128M
Q3 2019
Positions
37
Filings on Record
11
2019–present window
Filed
Nov 13, 2019
original filing

Summary

Global Strategic Management Inc reported $128M in U.S.-listed holdings across 37 positions for Q3 2019.

Its largest position, FNV, represents 15.3% of the portfolio.

Compared with Q2 2019, the fund opened 8 new positions and exited 2.

Portfolio Metrics

Turnover
+2.7%
vs prior filed quarter
Top-10 Concentration
+69.2%
share of reported value
Largest Position
+15.3%
Franco Nevada
New / Exited
8 / 2
positions this quarter

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

13F Reported Value
Q1 ’19: $106MQ1 ’19Q2 ’19: $115MQ3 ’19: $128MQ3 ’19Q4 ’19: $65MQ1 ’20: $49MQ1 ’20Q2 ’20: $78MQ3 ’20: $78MQ3 ’20Q4 ’20: $85MQ4 ’25: $120MQ4 ’25Q1 ’26: $120Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 90.9%ADR: 6.4%REIT: 1.1%ETP: 1.0%Other: 0.5%
  • Common Stock · 90.9% · $116M
  • ADR · 6.4% · $8M
  • REIT · 1.1% · $1M
  • ETP · 1.0% · $1M
  • Other · 0.5% · $658,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BVNCOMPANIA DE MINAS BUENAVENTUNEW+117.0K117.0K+$2M$2M
CCLCARNIVAL CORP UNITNEW+20.9K20.9K+$916,000$916,000
GDXJVANECK VECTORS ETF TR JR GOLD MINERSNEW+20.0K20.0K+$727,000$727,000
ROYAL DUTCH SHELL PLCNEW+11.6K11.6K+$683,000$683,000
BARCLAYS BK PLC IPATHNEW+27.7K27.7K+$658,000$658,000
GDXVANECK VECTORS ETF TR GOLD MINERSNEW+20.0K20.0K+$535,000$535,000
BPBP PLCNEW+12.7K12.7K+$483,000$483,000
DOEURDIAMOND OFFSHORE DRILLING INNEW+49.4K49.4K+$275,000$275,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2019

35 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FNVFRANCO NEVADA CORPhistory →COM15.33%$20M214.9K
2RGLDROYAL GOLD INChistory →COM10.50%$13M109.0K
3OREUROSISKO GOLD ROYALTIES LTDhistory →COM8.66%$11M1.19M
4FORTUNA SILVER MINES INCCOM6.02%$8M2.50M
5PRETIUM RES INCCOM5.46%$7M607.0K
6AEMAGNICO EAGLE MINES LTDhistory →COM5.30%$7M126.6K
7BTGB2GOLD CORPhistory →COM4.66%$6M1.85M
8ABXBARRICK GOLD CORPORATIONhistory →COM4.58%$6M338.2K
9VGZVISTA GOLD CORPhistory →COM NEW4.57%$6M7.72M
10GFIGOLD FIELDS LTDhistory →NEW SPONSORED ADR4.14%$5M1.08M
11PAASPAN AMERICAN SILVER CORPhistory →COM3.47%$4M283.2K
12AAUAFALMADEN MINERALS LTDhistory →COM CL B3.43%$4M6.79M
13WPMWHEATON PRECIOUS METALS CORPhistory →COM3.39%$4M165.4K
14NEMNEWMONT GOLDCORP CORPORATIONhistory →COM3.08%$4M103.7K
15EMXEMX RTY CORPhistory →COM2.62%$3M2.46M
16ARCCARES CAP CORPhistory →COM2.17%$3M148.7K
17BVNCOMPANIA DE MINAS BUENAVENTUhistory →SPONSORED ADR1.39%$2M117.0K
18GAINGLADSTONE INVT CORPhistory →COM1.29%$2M134.3K
19LANDGLADSTONE LD CORPhistory →COM1.14%$1M122.4K
20GBDCGOLUB CAP BDC INChistory →COM1.07%$1M72.5K
21LLOEWS CORPCOM0.80%$1M19.8K
22KGCKINROSS GOLD CORPCOM0.79%$1M220.0K
23CCLCARNIVAL CORP UNIT99/99/99990.72%$916,00020.9K
24SPROTT PHYSICAL GOLD TRUSTUNIT0.59%$751,00063.7K
25GDXJVANECK VECTORS ETF TR JR GOLD MINERSETF0.57%$727,00020.0K
26ROYAL DUTCH SHELL PLCSPONS ADR A0.53%$683,00011.6K
27BARCLAYS BK PLC IPATHB SHRT TRM0.51%$658,00027.7K
28GDXVANECK VECTORS ETF TR GOLD MINERSETF0.42%$535,00020.0K
29BPBP PLCSPONSORED ADR0.38%$483,00012.7K
30FCXFREEPORT-MCMORAN INCCL B0.36%$456,00047.7K
31SASEABRIDGE GOLD INCCOM0.29%$372,00029.4K
32GLADSTONE CAPITAL CORPCOM0.24%$306,00031.4K
33DOEURDIAMOND OFFSHORE DRILLING INCOM0.21%$275,00049.4K
34FS KKR CAPITAL CORPCOM0.15%$192,00032.9K
35SPROTT PHYSICAL SILVER TRTR UNIT0.11%$143,00022.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$120M25May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$120M27Feb 13, 202613F-HRchanges · EDGAR ↗
Q4 2020$85M36Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$78M29Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$78M31Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$49M34Apr 27, 202013F-HRchanges · EDGAR ↗
Q4 2019$65M34Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$128M37Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$115M31Aug 13, 2019RESTATEMENTchanges · EDGAR ↗
Q1 2019$106M31May 15, 201913F-HRchanges · 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 ↗.