Managers / Q1 2020 · view latest →
GLOBAL STRATEGIC MANAGEMENT INC
CIK 0001413303 · PO BOX 9024106, SAN JUAN, PR, 00902-4106 · 410-224-2037
Summary
Global Strategic Management Inc reported $49M in U.S.-listed holdings across 34 positions for Q1 2020.
The portfolio is heavily concentrated: FNV alone accounts for 26.7% of reported value.
Compared with Q4 2019, the fund opened 2 new positions and exited 3.
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 · 92.6% · $45M
- Other · 2.8% · $1M
- REIT · 2.5% · $1M
- ADR · 2.0% · $995,000
Quarter-over-Quarter Changes full breakdown →
vs Q4 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| UECURANIUM ENERGY CORP | NEW | +62.5K | 62.5K | +$33,000 | $33,000 |
| ENERPLUS CORP | NEW | +12.5K | 12.5K | +$19,000 | $19,000 |
| SANDSTORM GOLD LTD | ADDED | +59.0K | 83.0K | +$235,000 | $415,000 |
| PAASPAN AMERN SILVER CORP | ADDED | +262.1K | 374.3K | −$772,000 | $2M |
| GLADSTONE CAPITAL CORP | ADDED | +68.9K | 99.9K | +$251,000 | $559,000 |
| SOXXISHARES TR PHLX SEMICND | SOLD OUT | −8.0K | 0 | −$2M | $0 |
| CCLCARNIVAL CORP | SOLD OUT | −4.2K | 0 | −$214,000 | $0 |
| FS KKR CAPITAL CORP | SOLD OUT | −21.8K | 0 | −$134,000 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2020
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 ↗.