Managers / Q4 2022 · view latest →
Euro Pacific Asset Management, LLC
CIK 0001796651 · LOTS 81-82, STREET C, STE. 206, DORADO, PR, 00646 · 949-878-8057
Reported Value
$446M
Q4 2022
Positions
71
Filings on Record
30
2019–present window
Filed
Feb 14, 2023
original filing
Summary
Euro Pacific Asset Management, LLC reported $446M in U.S.-listed holdings across 71 positions for Q4 2022.
Its largest position, ABX, represents 6.7% of the portfolio.
Compared with Q3 2022, the fund opened 13 new positions and exited 2.
Portfolio Metrics
Turnover
+6.9%
vs prior filed quarter
Top-10 Concentration
+40.5%
share of reported value
Largest Position
+6.7%
Barrick Gold
New / Exited
13 / 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
Portfolio Composition
By security type
- Common Stock · 61.6% · $275M
- ADR · 33.1% · $148M
- Other · 3.3% · $15M
- ETP · 2.0% · $9M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| TSMTAIWAN SEMICONDUCTOR MFG LTD | NEW | +173.7K | 173.7K | +$9M | $9M |
| BHPBHP GROUP LTD | NEW | +136.7K | 136.7K | +$8M | $8M |
| EMBJEMBRAER S.A. | NEW | +24.0K | 24.0K | +$3M | $3M |
| SSLSASOL LTD | NEW | +49.2K | 49.2K | +$2M | $2M |
| TDTORONTO DOMINION BK ONT | NEW | +167.0K | 167.0K | +$2M | $2M |
| SNYSANOFI | NEW | +11.4K | 11.4K | +$1M | $1M |
| HLNHALEON PLC | NEW | +114.7K | 114.7K | +$878,000 | $878,000 |
| SILVERCREST METALS INC | NEW | +100.0K | 100.0K | +$605,000 | $605,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2022
70 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ABXBARRICK GOLD CORPhistory → | COM | 6.71% | $30M | 1.68M |
| 2 | AEMAGNICO EAGLE MINES LTDhistory → | COM | 5.09% | $23M | 430.1K |
| 3 | BTIBRITISH AMERN TOB PLChistory → | SPONSORED ADR | 5.02% | $22M | 557.8K |
| 4 | PMPHILIP MORRIS INTL INChistory → | COM | 3.59% | $16M | 157.1K |
| 5 | NEMNEWMONT CORPhistory → | COM | 3.56% | $16M | 316.4K |
| 6 | BPBP PLChistory → | SPONSORED ADR | 3.41% | $15M | 441.8K |
| 7 | FORTUNA SILVER MINES INC | COM | 3.36% | $15M | 3.99M |
| 8 | OREUROSISKO GOLD ROYALTIES LTDhistory → | COM | 3.34% | $15M | 1.23M |
| 9 | FNVFRANCO NEV CORPhistory → | COM | 3.22% | $14M | 104.9K |
| 10 | YRIYAMANA GOLD INChistory → | COM | 3.14% | $14M | 2.43M |
| 11 | BTGB2GOLD CORPhistory → | COM | 2.80% | $13M | 3.47M |
| 12 | RGLDROYAL GOLD INChistory → | COM | 2.63% | $12M | 104.8K |
| 13 | NVSNOVARTIS AGhistory → | SPONSORED ADR | 2.54% | $11M | 123.9K |
| 14 | PAASPAN AMERN SILVER CORPhistory → | COM | 2.50% | $11M | 687.7K |
| 15 | MTAMETALLA RTY & STREAMING LTDhistory → | COM NEW | 2.50% | $11M | 2.27M |
| 16 | GFIGOLD FIELDS LTDhistory → | SPONSORED ADR | 2.20% | $10M | 938.5K |
| 17 | ABEVAMBEV SAhistory → | SPONSORED ADR | 2.14% | $10M | 3.51M |
| 18 | IAUXI-80 GOLD CORPhistory → | COM | 2.12% | $9M | 3.29M |
| 19 | EQNREQUINOR ASAhistory → | SPONSORED ADR | 2.11% | $9M | 285.1K |
| 20 | NVONOVO-NORDISK A Shistory → | ADR | 2.06% | $9M | 67.3K |
| 21 | NTRNUTRIEN LTDhistory → | COM | 2.06% | $9M | 122.8K |
| 22 | WPMWHEATON PRECIOUS METALS CORPhistory → | COM | 2.03% | $9M | 227.9K |
| 23 | BNSBANK NOVA SCOTIA B Chistory → | COM | 1.97% | $9M | 178.3K |
| 24 | TSMTAIWAN SEMICONDUCTOR MFG LTDhistory → | SPONSORED ADS | 1.96% | $9M | 173.7K |
| 25 | BHPBHP GROUP LTDhistory → | SPONSORED ADS | 1.89% | $8M | 136.7K |
| 26 | UNILEVER PLC | SPON ADR NEW | 1.78% | $8M | 156.6K |
| 27 | GSKGSK PLChistory → | SPONSORED ADR | 1.74% | $8M | 222.9K |
| 28 | KGCKINROSS GOLD CORPhistory → | COM | 1.61% | $7M | 1.66M |
| 29 | EQXEQUINOX GOLD CORPhistory → | COM | 1.46% | $7M | 1.97M |
| 30 | SPROTT PHYSICAL GOLD AND SILVE | TR UNIT | 1.44% | $6M | 356.7K |
| 31 | ANGLOGOLD ASHANTI LIMITED | SPONSORED ADR | 1.43% | $6M | 80.4K |
| 32 | SANDSTORM GOLD LTD | COM NEW | 1.37% | $6M | 1.17M |
| 33 | CCUCOMPANIA CERVECERIAS UNIDAShistory → | SPONSORED ADR | 1.21% | $5M | 406.9K |
| 34 | OUNZVANECK MERK GOLD TRhistory → | GOLD TRUST | 1.17% | $5M | 295.2K |
| 35 | IAGIAMGOLD CORPhistory → | COM | 1.05% | $5M | 1.82M |
| 36 | BBDBANCO BRADESCO S Ahistory → | SP ADR PFD NEW | 1.01% | $5M | 1.55M |
| 37 | MAVERIX METALS INC | COM NEW | 0.94% | $4M | 868.3K |
| 38 | SHELSHELL PLC | SPON ADS | 0.93% | $4M | 73.3K |
| 39 | BCEBCE INC | COM NEW | 0.88% | $4M | 89.0K |
| 40 | TTENTOTALENERGIES SE | SPONSORED ADS | 0.73% | $3M | 51.7K |
| 41 | EMXEMX RTY CORP | COM | 0.68% | $3M | 1.71M |
| 42 | EMBJEMBRAER S.A. | SPONSORED ADS | 0.65% | $3M | 24.0K |
| 43 | VGZVISTA GOLD CORP | COM NEW | 0.61% | $3M | 5.55M |
| 44 | AGIALAMOS GOLD INC NEW | COM CL A | 0.54% | $2M | 239.1K |
| 45 | SSLSASOL LTD | SPONSORED ADR | 0.43% | $2M | 49.2K |
| 46 | FEMBFIRST TR EXCH TRADED FD III | EME MRK BD ETF | 0.41% | $2M | 68.0K |
| 47 | TDTORONTO DOMINION BK ONT | COM NEW | 0.37% | $2M | 167.0K |
| 48 | DEODIAGEO PLC | SPON ADR NEW | 0.34% | $2M | 8.5K |
| 49 | SPROTT PHYSICAL SILVER TR | TR UNIT | 0.33% | $1M | 183.5K |
| 50 | IGOVISHARES TR | INTL TREA BD ETF · MSCI EMG MKT ETF | 0.29% | $1M | 32.2K |
| 51 | SKMSK TELECOM LTD | SPONSORED ADR | 0.28% | $1M | 59.3K |
| 52 | SNYSANOFI | SPONSORED ADR | 0.27% | $1M | 11.4K |
| 53 | VTEX | SHS CL A | 0.21% | $929,000 | 243.2K |
| 54 | ARCO PLATFORM LTD | COM CL A | 0.20% | $894,000 | 65.2K |
| 55 | HLNHALEON PLC | SPON ADS | 0.20% | $878,000 | 114.7K |
| 56 | ITUBITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 0.18% | $806,000 | 170.3K |
| 57 | FRSHFRESHWORKS INC | CLASS A COM | 0.16% | $726,000 | 50.0K |
| 58 | VALEVALE S A | SPONSORED ADS | 0.16% | $703,000 | 41.5K |
| 59 | BWXSPDR SER TR | BLOOMBERG INTL T | 0.15% | $676,000 | 29.3K |
| 60 | CI&T INC | COM CL A | 0.14% | $612,000 | 93.5K |
| 61 | SILVERCREST METALS INC | COM | 0.14% | $605,000 | 100.0K |
| 62 | DCDAKOTA GOLD CORP | COM | 0.13% | $560,000 | 170.4K |
| 63 | VODVODAFONE GROUP PLC NEW | SPONSORED ADR | 0.10% | $432,000 | 41.9K |
| 64 | AGFIRST MAJESTIC SILVER CORP | COM | 0.08% | $348,000 | 39.7K |
| 65 | ASRGRUPO AEROPORTUARIO DEL SURE | SPON ADR SER B | 0.07% | $294,000 | 35.8K |
| 66 | CNICANADIAN NATL RY CO | COM | 0.06% | $280,000 | 2.3K |
| 67 | SAPSAP SE | SPON ADR | 0.06% | $268,000 | 4.9K |
| 68 | KTKT CORP | SPONSORED ADR | 0.04% | $170,000 | 11.3K |
| 69 | EXKENDEAVOUR SILVER CORP | COM | 0.01% | $61,000 | 18.0K |
| 70 | ADBEADOBE SYSTEMS INCORPORATED | COM | 0.00% | $3,000 | 40.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $1.0B | 96 | May 6, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $901M | 93 | Jan 21, 2026 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2025 | $829M | 89 | Oct 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025REVEALED | $1.1B | 163 | Jul 22, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $551M | 79 | May 9, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $464M | 71 | Jan 21, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $543M | 75 | Nov 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $505M | 68 | Jul 30, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $491M | 72 | May 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $468M | 68 | Jan 31, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $427M | 68 | Nov 6, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $458M | 66 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $466M | 66 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $446M | 71 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $381M | 60 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $422M | 64 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $510M | 62 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $444M | 62 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $383M | 56 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $410M | 48 | Aug 6, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $389M | 51 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $412M | 54 | Feb 11, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $395M | 53 | Nov 18, 2020 | RESTATEMENT | changes · EDGAR ↗ |
| Q2 2020 | Under review | 47 | Nov 13, 2020 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2020 | $302M | 42 | May 7, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $277M | 41 | Feb 14, 2020 | 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 ↗.