Managers / Q2 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 $78M in U.S.-listed holdings across 31 positions for Q2 2020.
The portfolio is heavily concentrated: FNV alone accounts for 21.7% of reported value.
Compared with Q1 2020, the fund opened 2 new positions and exited 4.
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 · 96.7% · $75M
- Other · 1.8% · $1M
- REIT · 1.2% · $958,000
- ADR · 0.2% · $184,000
Quarter-over-Quarter Changes full breakdown →
vs Q1 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MTAMETALLA RTY & STREAMING LTD | NEW | +810.8K | 810.8K | +$4M | $4M |
| EQXEQUINOX GOLD CORP | NEW | +110.3K | 110.3K | +$1M | $1M |
| SPROTT PHYSICAL SILVER TR | ADDED | +96.4K | 118.3K | +$667,000 | $782,000 |
| TSLATESLA INC | ADDED | +5.7K | 7.6K | +$7M | $8M |
| ROYAL DUTCH SHELL PLC | SOLD OUT | −17.8K | 0 | −$621,000 | $0 |
| BPBP PLC | SOLD OUT | −10.9K | 0 | −$267,000 | $0 |
| SASEABRIDGE GOLD INC | SOLD OUT | −14.4K | 0 | −$134,000 | $0 |
| UECURANIUM ENERGY CORP | SOLD OUT | −62.5K | 0 | −$33,000 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 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 ↗.