SEC 13F Intelligence

Managers / Q4 2020 · view latest →

GLOBAL STRATEGIC MANAGEMENT INC

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

Reported Value
$85M
Q4 2020
Positions
36
Filings on Record
12
2019–present window
Filed
Feb 10, 2021
original filing

Summary

Global Strategic Management Inc reported $85M in U.S.-listed holdings across 36 positions for Q4 2020.

Its largest position, FNV, represents 16.8% of the portfolio.

Compared with Q3 2020, the fund opened 5 new positions and exited 2.

Portfolio Metrics

Turnover
+8.3%
vs prior filed quarter
Top-10 Concentration
+74.6%
share of reported value
Largest Position
+16.8%
Franco Nevada
New / Exited
5 / 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
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: 93.5%Other: 3.6%ADR: 1.9%REIT: 0.8%ETP: 0.3%
  • Common Stock · 93.5% · $79M
  • Other · 3.6% · $3M
  • ADR · 1.9% · $2M
  • REIT · 0.8% · $670,000
  • ETP · 0.3% · $217,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MUFGMITSUBISHI UFJ FINL GROUP INNEW+135.5K135.5K+$599,000$599,000
GLAXOSMITHKLINE PLCNEW+13.6K13.6K+$500,000$500,000
CVXCHEVRON CORPNEW+3.8K3.8K+$317,000$317,000
GLDSPDR GOLD TR GOLDNEW+1.2K1.2K+$217,000$217,000
KGCKINROSS GOLD CORPNEW+14.2K14.2K+$104,000$104,000
GFIGOLD FIELDS LTDADDED+39.1K58.7K+$757,000$997,000
ABXBARRICK GOLD CORPORATIONADDED+113.2K188.9K+$2M$4M
AAUAFALMADEN MINERALS LTDSOLD OUT1.10M0$903,000$0

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

Holdings — Q4 2020

32 positions
#IssuerClass% PortfolioValueShares
1FNVFRANCO NEVADA CORPhistory →COM16.80%$14M113.9K
2MTAMETALLA RTY & STREAMING LTDhistory →COM NEW11.98%$10M810.3K
3OREUROSISKO GOLD ROYALTIES LTDhistory →COM8.75%$7M585.8K
4FORTUNA SILVER MINES INCCOM8.49%$7M876.1K
5EMXEMX RTY CORPhistory →COM7.95%$7M2.05M
6RGLDROYAL GOLD INChistory →COM5.76%$5M46.0K
7PAASPAN AMERN SILVER CORPhistory →COM4.53%$4M111.6K
8ABXBARRICK GOLD CORPORATIONhistory →COM3.63%$3M135.6K
9ARCCARES CAPITAL CORPhistory →COM3.41%$3M171.6K
10VGZVISTA GOLD CORPhistory →COM NEW3.32%$3M2.63M
11WPMWHEATON PRECIOUS METALS CORPhistory →COM3.02%$3M61.3K
12AEMAGNICO EAGLE MINES LTDhistory →COM2.89%$2M34.9K
13GAINGLADSTONE INVT CORPhistory →COM1.79%$2M150.9K
14PRETIUM RES INCCOM1.78%$2M131.4K
15BARCLAYS BANK PLC IPTHSR B S&P1.47%$1M75.0K
16BTGB2GOLD CORPhistory →COM1.45%$1M219.9K
17EQXEQUINOX GOLD CORPhistory →COM1.36%$1M111.5K
18SPROTT PHYSICAL SILVER TRTR UNIT1.34%$1M75.5K
19LLOEWS CORPCOM0.92%$785,00017.4K
20GLADSTONE CAPITAL CORPCOM0.91%$776,00087.7K
21LANDGLADSTONE LD CORPCOM0.79%$670,00045.8K
22SANDSTORM GOLD LTDCOM NEW0.71%$607,00084.8K
23MUFGMITSUBISHI UFJ FINL GROUP INSPONSORED ADS0.71%$599,000135.5K
24GBDCGOLUB CAP BDC INCCOM0.68%$581,00041.1K
25SPROTT PHYSICAL GOLDTRUST UNIT0.68%$575,00061.7K
26GLAXOSMITHKLINE PLCSPONSORED ADR0.59%$500,00013.6K
27CVXCHEVRON CORPNEW COM0.37%$317,0003.8K
28EOGEOG RES INCCOM0.32%$274,0005.5K
29GFIGOLD FIELDS LTDSPONSORED ADR0.27%$232,00025.1K
30GLDSPDR GOLD TR GOLDSHS0.26%$217,0001.2K
31MAVERIX METALS INCCOM NEW0.22%$191,00034.8K
32KGCKINROSS GOLD CORPCOM0.12%$104,00014.2K

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 ↗.