SEC 13F Intelligence

Managers / Q4 2019 · view latest →

GLOBAL STRATEGIC MANAGEMENT INC

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

Reported Value
$65M
Q4 2019
Positions
34
Filings on Record
12
2019–present window
Filed
Feb 13, 2020
original filing

Summary

Global Strategic Management Inc reported $65M in U.S.-listed holdings across 34 positions for Q4 2019.

The portfolio is heavily concentrated: FNV alone accounts for 21.5% of reported value.

Compared with Q3 2019, the fund opened 4 new positions and exited 7.

Portfolio Metrics

Turnover
+6.5%
vs prior filed quarter
Top-10 Concentration
+69.4%
share of reported value
Largest Position
+21.5%
Franco Nevada
New / Exited
4 / 7
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
Q4 ’18: $102MQ4 ’18Q1 ’19: $106MQ2 ’19: $115MQ2 ’19Q3 ’19: $128MQ4 ’19: $65MQ4 ’19Q1 ’20: $49MQ2 ’20: $78MQ2 ’20Q3 ’20: $78MQ4 ’20: $85MQ4 ’20Q4 ’25: $120MQ1 ’26: $120MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 89.6%ETP: 3.1%Other: 2.9%REIT: 2.4%ADR: 2.0%
  • Common Stock · 89.6% · $58M
  • ETP · 3.1% · $2M
  • Other · 2.9% · $2M
  • REIT · 2.4% · $2M
  • ADR · 2.0% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SOXXISHARES TR PHLX SEMICNDNEW+8.0K8.0K+$2M$2M
TSLATESLA INCNEW+4.6K4.6K+$2M$2M
SANDSTORM GOLD LTDNEW+24.0K24.0K+$180,000$180,000
SPROTT PHYSICAL SILVER TRNEW+21.9K21.9K+$143,000$143,000
BARCLAYS BK PLC IPATH B SHRT TRMADDED+85.5K113.2K+$1M$2M
NEMNEWMONT GOLDCORP CORPORATIONSOLD OUT103.7K0$4M$0
BVNCOMPANIA DE MINAS BUENAVENTUSOLD OUT117.0K0$2M$0
TAT&T INCSOLD OUT27.0K0$1M$0

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

Holdings — Q4 2019

31 positions
#IssuerClass% PortfolioValueShares
1FNVFRANCO NEVADA CORPhistory →COM21.50%$14M134.5K
2RGLDROYAL GOLD INChistory →COM9.91%$6M52.3K
3OREUROSISKO GOLD ROYALTIES LTDhistory →COM9.53%$6M634.3K
4FORTUNA SILVER MINES INCCOM5.60%$4M890.7K
5EMXEMX RTY CORPhistory →COM5.37%$3M2.12M
6ARCCARES CAP CORPhistory →COM4.61%$3M159.8K
7PAASPAN AMERICAN SILVER CORPhistory →COM4.12%$3M112.2K
8WPMWHEATON PRECIOUS METALS CORPhistory →COM3.30%$2M71.4K
9VGZVISTA GOLD CORPhistory →COM NEW2.77%$2M2.45M
10GAINGLADSTONE INVT CORPhistory →COM2.67%$2M130.6K
11BARCLAYS BK PLC IPATH B SHRT TRMETN2.65%$2M113.2K
12GBDCGOLUB CAP BDC INChistory →COM2.46%$2M86.1K
13LANDGLADSTONE LD CORPhistory →COM2.41%$2M120.4K
14AEMAGNICO EAGLE MINES LTDhistory →COM2.39%$2M25.1K
15PRETIUM RES INCCOM2.29%$1M132.7K
16LLOEWS CORPhistory →COM1.62%$1M20.0K
17ABXBARRICK GOLD CORPORATIONhistory →COM1.48%$958,00051.5K
18AAUAFALMADEN MINERALS LTDhistory →COM CL B1.39%$902,0001.57M
19SPROTT PHYSICAL GOLD TRUSTUNIT1.20%$777,00063.7K
20BTGB2GOLD CORPhistory →COM1.12%$722,000180.1K
21ROYAL DUTCH SHELL PLCSPONS ADR A1.06%$688,00011.7K
22FCXFREEPORT-MCMORAN INCCL B0.97%$631,00048.0K
23BPBP PLCSPONSORED ADR0.68%$443,00011.8K
24GLADSTONE CAPITAL CORPCOM0.48%$308,00031.0K
25DOEURDIAMOND OFFSHORE DRILLING INCOM0.47%$302,00042.0K
26SASEABRIDGE GOLD INCCOM0.36%$234,00016.9K
27CCLCARNIVAL CORPUNIT0.33%$214,0004.2K
28GFIGOLD FIELDS LTDNEW SPONSORED ADR0.30%$195,00029.5K
29SANDSTORM GOLD LTDCOM NEW0.28%$180,00024.0K
30SPROTT PHYSICAL SILVER TRTR UNIT0.22%$143,00021.9K
31FS KKR CAPITAL CORPCOM0.21%$134,00021.8K

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 ↗
Q4 2018$102M28Feb 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 ↗.