SEC 13F Intelligence

Managers / Q3 2020 · view latest →

GLOBAL STRATEGIC MANAGEMENT INC

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

Reported Value
$78M
Q3 2020
Positions
29
Filings on Record
12
2019–present window
Filed
Nov 13, 2020
original filing

Summary

Global Strategic Management Inc reported $78M in U.S.-listed holdings across 29 positions for Q3 2020.

The portfolio is heavily concentrated: FNV alone accounts for 21.4% of reported value.

Compared with Q2 2020, the fund opened 2 new positions and exited 3.

Portfolio Metrics

Turnover
+12.7%
vs prior filed quarter
Top-10 Concentration
+74.9%
share of reported value
Largest Position
+21.4%
Franco Nevada
New / Exited
2 / 3
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: 95.5%Other: 3.3%REIT: 0.9%ADR: 0.3%
  • Common Stock · 95.5% · $74M
  • Other · 3.3% · $3M
  • REIT · 0.9% · $710,000
  • ADR · 0.3% · $240,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EOGEOG RES INCNEW+16.2K16.2K+$583,000$583,000
MAVERIX METALS INCNEW+41.8K41.8K+$216,000$216,000
BARCLAYS BANK PLC IPTHADDED+48.0K67.0K+$1M$2M
TSLATESLA INCSOLD OUT7.6K0$8M$0
ENERPLUS CORPSOLD OUT12.5K0$35,000$0
DOEURDIAMOND OFFSHORE DRILLING INSOLD OUT20.5K0$5,000$0
FCXFREEPORT-MCMORAN INCTRIMMED31.1K32.1K$236,000$500,000
SPROTT PHYSICAL SILVER TRTRIMMED35.1K83.2K$92,000$690,000

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

Holdings — Q3 2020

29 positions
#IssuerClass% PortfolioValueShares
1FNVFRANCO NEVADA CORPhistory →COM21.39%$17M119.1K
2OREUROSISKO GOLD ROYALTIES LTDhistory →COM9.08%$7M596.5K
3MTAMETALLA RTY & STREAMING LTDhistory →COM NEW9.02%$7M891.4K
4FORTUNA SILVER MINES INCCOM7.15%$6M878.3K
5RGLDROYAL GOLD INChistory →COM7.02%$5M45.7K
6EMXEMX RTY CORPhistory →COM6.74%$5M2.00M
7PAASPAN AMERN SILVER CORPhistory →COM4.35%$3M105.6K
8VGZVISTA GOLD CORPhistory →COM NEW3.65%$3M2.63M
9WPMWHEATON PRECIOUS METALS CORPhistory →COM3.46%$3M54.8K
10ARCCARES CAPITAL CORPhistory →COM3.04%$2M169.8K
11AEMAGNICO EAGLE MINES LTDhistory →COM2.88%$2M28.1K
12ABXBARRICK GOLD CORPORATIONhistory →COM2.73%$2M75.7K
13PRETIUM RES INCCOM2.20%$2M134.2K
14BARCLAYS BANK PLC IPTHSR B S&P2.14%$2M67.0K
15EQXEQUINOX GOLD CORPhistory →COM1.66%$1M110.0K
16GAINGLADSTONE INVT CORPhistory →COM1.64%$1M140.3K
17SPROTT PHYSICAL GOLDTRUST UNIT1.58%$1M81.5K
18BTGB2GOLD CORPhistory →COM1.57%$1M186.1K
19GBDCGOLUB CAP BDC INChistory →COM1.17%$910,00068.5K
20AAUAFALMADEN MINERALS LTDhistory →COM CL B1.16%$903,0001.10M
21LANDGLADSTONE LD CORPCOM0.91%$710,00047.5K
22GLADSTONE CAPITAL CORPCOM0.91%$706,00095.6K
23SPROTT PHYSICAL SILVER TRTR UNIT0.89%$690,00083.2K
24SANDSTORM GOLD LTDCOM NEW0.88%$682,00080.7K
25LLOEWS CORPCOM0.81%$634,00018.4K
26EOGEOG RES INCCOM0.75%$583,00016.2K
27FCXFREEPORT-MCMORAN INCCL B0.64%$500,00032.1K
28GFIGOLD FIELDS LTDSPONSORED ADR0.31%$240,00019.6K
29MAVERIX METALS INCCOM NEW0.28%$216,00041.8K

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 ↗.