SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Euro Pacific Asset Management, LLC

CIK 0001796651 · LOTS 81-82, STREET C, STE. 206, DORADO, PR, 00646 · 949-878-8057

Reported Value
$395M
Q3 2020
Positions
53
Filings on Record
30
2019–present window
Filed
Nov 18, 2020
amendment (RESTATEMENT)

Summary

Euro Pacific Asset Management, LLC reported $395M in U.S.-listed holdings across 53 positions for Q3 2020.

Its largest position, NEM, represents 10.0% of the portfolio.

Compared with Q2 2020, the fund opened 8 new positions and exited 2.

Portfolio Metrics

Turnover
+6.9%
vs prior filed quarter
Top-10 Concentration
+51.4%
share of reported value
Largest Position
+10.0%
Newmont
New / Exited
8 / 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 ’19: $277MQ4 ’19Q1 ’20: $302MQ3 ’20: $395MQ4 ’20: $412MQ1 ’21: $389MQ1 ’21Q2 ’21: $410MQ3 ’21: $383MQ4 ’21: $444MQ1 ’22: $510MQ1 ’22Q2 ’22: $422MQ3 ’22: $381MQ4 ’22: $446MQ1 ’23: $466MQ1 ’23Q2 ’23: $458MQ3 ’23: $427MQ4 ’23: $468MQ1 ’24: $491MQ1 ’24Q2 ’24: $505MQ3 ’24: $543MQ4 ’24: $464MQ1 ’25: $551MQ1 ’25Q2 ’25: $1.1BQ3 ’25: $829MQ4 ’25: $901MQ1 ’26: $1.0BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 73.8%ADR: 20.3%Other: 3.5%NY Reg Shrs: 2.3%ETP: 0.2%
  • Common Stock · 73.8% · $291M
  • ADR · 20.3% · $80M
  • Other · 3.5% · $14M
  • NY Reg Shrs · 2.3% · $9M
  • ETP · 0.2% · $687,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BPBP PLCNEW+138.5K138.5K+$2M$2M
ARCO PLATFORM LTDNEW+29.2K29.2K+$1M$1M
SPROTT PHYSICAL GOLD TRUSTNEW+61.7K61.7K+$928,000$928,000
APIAGORA INCNEW+16.1K16.1K+$692,000$692,000
GENETRON HOLDINGS LTDNEW+39.2K39.2K+$468,000$468,000
VODVODAFONE GROUP PLCNEW+12.1K12.1K+$163,000$163,000
EXKENDEAVOUR SILVER CORPNEW+44.5K44.5K+$156,000$156,000
SVMSILVERCORP METALS INCNEW+12.0K12.0K+$87,000$87,000

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

Holdings — Q3 2020

53 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NEMNEWMONT CORPhistory →COM10.05%$40M625.2K
2ABXBARRICK GOLD CORPhistory →COM9.87%$39M1.39M
3FORTUNA SILVER MINES INCCOM5.07%$20M3.14M
4YRIYAMANA GOLD INChistory →COM4.25%$17M2.95M
5AEMAGNICO EAGLE MINES LTDhistory →COM4.02%$16M199.4K
6BTIBRITISH AMERICAN TOB PLChistory →SPONSORED ADR3.89%$15M424.5K
7SANDSTORM GOLD LTDCOM3.67%$14M1.72M
8FNVFRANCO NEVADA CORPhistory →COM3.55%$14M100.4K
9BTGB2GOLD CORPhistory →COM3.52%$14M2.13M
10SPROTT PHYSICAL GOLD AND SILTR UNIT3.52%$14M757.7K
11KGCKINROSS GOLD CORPhistory →COM3.45%$14M1.54M
12GFIGOLD FIELDS LTDhistory →SPONSORED ADR3.30%$13M1.06M
13PMPHILIP MORRIS INTERNATIONALhistory →COM2.98%$12M155.1K
14RGLDROYAL GOLD INChistory →COM2.86%$11M93.9K
15PRETIUM RESOURCES INCCOM2.45%$10M752.9K
16PAASPAN AMERICAN SILVER CORPhistory →COM2.43%$10M297.9K
17UNILEVER N VN Y SHS2.28%$9M149.2K
18NVONOVO NORDISK A Shistory →ADR2.24%$9M127.3K
19OREUROSISKO GOLD ROYALTIES LTDhistory →COM1.86%$7M621.1K
20GLAXOSMITHKLINE PLCSPONSORED ADR1.86%$7M193.3K
21NVSNOVARTIS AGhistory →SPONSORED ADR1.82%$7M82.8K
22TTENTOTAL S.A.history →SPONSORED ADS1.70%$7M192.6K
23ABEVAMBEV SAhistory →SPONSORED ADR1.68%$7M2.94M
24NTRNUTRIEN LTDhistory →COM1.54%$6M154.0K
25EQNREQUINOR ASAhistory →SPONSORED ADR1.45%$6M406.7K
26VGZVISTA GOLD CORPhistory →COM1.44%$6M5.20M
27BVNCIA DE MINAS BUENAVENTUhistory →SPONSORED ADR1.36%$5M440.3K
28WPMWHEATON PRECIOUS METALS CORPhistory →COM1.24%$5M100.0K
29MAVERIX METALS INCCOM1.19%$5M911.3K
30BNSBANK OF NOVA SCOTIA B Chistory →COM1.15%$5M109.6K
31BCEBCE INChistory →COM1.15%$5M107.6K
32EMXEMX ROYALTY CORPhistory →COM1.11%$4M1.67M
33BIDUBAIDU INC - SPON ADRSPON ADR REP A0.82%$3M25.6K
34MTAMETALLA ROYALTY & STREAMINGCOM0.81%$3M403.5K
35AAUAFALMADEN MINERALS LTDCOM CL B0.63%$2M3.01M
36BPBP PLCSPONSORED ADR0.61%$2M138.5K
37EQXEQUINOX GOLD CORPCOM0.58%$2M197.0K
38ROYAL DUTCH SHELL PLCSPONS ADR A0.45%$2M70.4K
39DEODIAGEO PLCSPONSORED ADR0.38%$1M10.8K
40SK TELECOM LTDSPONSORED ADR0.38%$1M66.5K
41ARCO PLATFORM LTDCOM CL A0.30%$1M29.2K
42SPROTT PHYSICAL GOLD TRUSTTR UNIT0.24%$928,00061.7K
43APIAGORA INCADS0.18%$692,00016.1K
44OUNZVANECK MERK GOLD TRUSTGOLD TRUST0.12%$476,00025.9K
45GENETRON HOLDINGS LTDADS0.12%$468,00039.2K
46CNICANADIAN NATL RAILWAY COCOM0.10%$377,0003.5K
47AGFIRST MAJESTIC SILVER CORPCOM0.08%$327,00034.3K
48SPROTT PHYSICAL SILVER TRUSTTR UNIT0.08%$313,00037.9K
49GDXJVANECK VECTORS ETF TRJR GOLD MINERS ETF0.05%$211,0003.8K
50VODVODAFONE GROUP PLCSPONSORED ADR0.04%$163,00012.1K
51EXKENDEAVOUR SILVER CORPCOM0.04%$156,00044.5K
52AGIALAMOS GOLD INCCOM CL A0.04%$154,00017.4K
53SVMSILVERCORP METALS INCCOM0.02%$87,00012.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.0B96May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$901M93Jan 21, 2026RESTATEMENTchanges · EDGAR ↗
Q3 2025$829M89Oct 14, 202513F-HRchanges · EDGAR ↗
Q2 2025REVEALED$1.1B163Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$551M79May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$464M71Jan 21, 202513F-HRchanges · EDGAR ↗
Q3 2024$543M75Nov 6, 202413F-HRchanges · EDGAR ↗
Q2 2024$505M68Jul 30, 202413F-HRchanges · EDGAR ↗
Q1 2024$491M72May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$468M68Jan 31, 202413F-HRchanges · EDGAR ↗
Q3 2023$427M68Nov 6, 202313F-HRchanges · EDGAR ↗
Q2 2023$458M66Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$466M66May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$446M71Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$381M60Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$422M64Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$510M62May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$444M62Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$383M56Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$410M48Aug 6, 202113F-HRchanges · EDGAR ↗
Q1 2021$389M51May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$412M54Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$395M53Nov 18, 2020RESTATEMENTchanges · EDGAR ↗
Q2 2020Under review47Nov 13, 2020RESTATEMENTchanges · EDGAR ↗
Q1 2020$302M42May 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$277M41Feb 14, 202013F-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 ↗.