SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Euro Pacific Asset Management, LLC

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

Reported Value
$389M
Q1 2021
Positions
51
Filings on Record
30
2019–present window
Filed
May 14, 2021
original filing

Summary

Euro Pacific Asset Management, LLC reported $389M in U.S.-listed holdings across 51 positions for Q1 2021.

Its largest position, NEM, represents 9.3% of the portfolio.

Compared with Q4 2020, the fund opened 1 new position and exited 4.

Portfolio Metrics

Turnover
+5.4%
vs prior filed quarter
Top-10 Concentration
+45.7%
share of reported value
Largest Position
+9.3%
Newmont
New / Exited
1 / 4
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: 66.7%ADR: 27.6%Other: 5.2%ETP: 0.6%
  • Common Stock · 66.7% · $260M
  • ADR · 27.6% · $107M
  • Other · 5.2% · $20M
  • ETP · 0.6% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ALCALCON INCNEW+3.0K3.0K+$208,000$208,000
BIDUBAIDU INCSOLD OUT−10.9K0−$2M$0
ANGLOGOLD ASHANTISOLD OUT−22.3K0−$504,000$0
ITUBITAU UNIBANCO HLDG S ASOLD OUT−5.5K0−$33,000$0
GREAT PANTHER MNG LTDSOLD OUT−6.0K0−$5,000$0
BPBP PLCADDED+194.7K510.8K+$6M$12M
OUNZVANECK MERK GOLD TRADDED+14.9K44.2K+$192,000$735,000
NTRNUTRIEN LTDADDED+69.4K228.2K+$5M$12M

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

Holdings — Q1 2021

51 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NEMNEWMONT CORPhistory →COM9.28%$36M599.7K
2ABXBARRICK GOLD CORPhistory →COM7.12%$28M1.40M
3FORTUNA SILVER MINES INCCOM5.10%$20M3.07M
4BTIBRITISH AMERICAN TOB PLChistory →SPONSORED ADR4.60%$18M457.9K
5PMPHILIP MORRIS INTL INChistory →COM3.67%$14M159.7K
6YRIYAMANA GOLD INChistory →COM3.29%$13M2.94M
7FNVFRANCO NEV CORPhistory →COM3.24%$13M100.6K
8BPBP PLChistory →SPONSORED ADR3.19%$12M510.8K
9NTRNUTRIEN LTDhistory →COM3.18%$12M228.2K
10SANDSTORM GOLD LTDCOM NEW3.05%$12M1.75M
11AEMAGNICO EAGLE MINES LTDhistory →COM3.04%$12M204.8K
12ROYAL DUTCH SHELL PLCSPONS ADR A2.76%$11M273.9K
13RGLDROYAL GOLD INChistory →COM2.73%$11M98.7K
14KGCKINROSS GOLD CORPhistory →COM2.70%$11M1.58M
15GFIGOLD FIELDS LTDhistory →SPONSORED ADR2.65%$10M1.09M
16PAASPAN AMERN SILVER CORPhistory →COM2.55%$10M330.5K
17ABEVAMBEV SAhistory →SPONSORED ADR2.49%$10M3.54M
18BTGB2GOLD CORPhistory →COM2.45%$10M2.21M
19TTENTOTAL SEhistory →SPONSORED ADS2.35%$9M193.9K
20NVONOVO-NORDISK A Shistory →ADR2.16%$8M123.7K
21UNILEVER PLCSPON ADR NEW2.12%$8M147.9K
22EQNREQUINOR ASAhistory →SPONSORED ADR2.05%$8M410.4K
23PRETIUM RES INCCOM2.00%$8M750.3K
24OREUROSISKO GOLD ROYALTIES LTDhistory →COM1.97%$8M696.0K
25GLAXOSMITHKLINE PLCSPONSORED ADR1.89%$7M203.6K
26SPROTT PHYSICAL GOLD AND SILVETR UNIT1.85%$7M414.2K
27NVSNOVARTIS AGhistory →SPONSORED ADR1.82%$7M83.1K
28BNSBANK OF NOVA SCOTIAhistory →COM1.78%$7M110.6K
29VGZVISTA GOLD CORPhistory →COM NEW1.39%$5M5.10M
30EMXEMX RTY CORPhistory →COM1.30%$5M1.71M
31CCUCOMPANIA CERVECERIAS UNIDAShistory →SPONSORED ADR1.30%$5M286.0K
32BCEBCE INChistory →COM NEW1.27%$5M107.9K
33MAVERIX METALS INCCOM NEW1.17%$5M862.6K
34BBDBANCO BRADESCO S Ahistory →SP ADR PFD NEW1.11%$4M917.9K
35WPMWHEATON PRECIOUS METALS CORPhistory →COM1.09%$4M110.7K
36MTAMETALLA RTY & STREAMING LTDCOM NEW0.92%$4M402.6K
37DEODIAGEO PLCSPON ADR NEW0.54%$2M12.7K
38SK TELECOM CO LTDSPONSORED ADR0.50%$2M70.8K
39EQXEQUINOX GOLD CORPCOM0.43%$2M209.3K
40GDXJVANECK VECTORS ETF TRJR GOLD MINERS E0.36%$1M31.5K
41AGIALAMOS GOLD INC NEWCOM CL A0.36%$1M179.4K
42SPROTT PHYSICAL GOLD TRUNIT0.29%$1M83.5K
43IAGIAMGOLD CORPCOM0.23%$894,000300.0K
44OUNZVANECK MERK GOLD TRGOLD TRUST0.19%$735,00044.2K
45CNICANADIAN NATL RY COCOM0.14%$542,0004.7K
46AGFIRST MAJESTIC SILVER CORPCOM0.14%$532,00034.2K
47VODVODAFONE GROUP PLC NEWSPONSORED ADR0.07%$281,00015.3K
48EXKENDEAVOUR SILVER CORPCOM0.06%$231,00046.5K
49ALCALCON INCORD SHS0.05%$208,0003.0K
50SPROTT PHYSICAL SILVER TRTR UNIT0.04%$158,00018.0K
51SVMSILVERCORP METALS INCCOM0.02%$59,00012.0K

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 ↗.