SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Euro Pacific Asset Management, LLC

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

Reported Value
$491M
Q1 2024
Positions
72
Filings on Record
30
2019–present window
Filed
May 7, 2024
original filing

Summary

Euro Pacific Asset Management, LLC reported $491M in U.S.-listed holdings across 72 positions for Q1 2024.

Its largest position, AEM, represents 7.5% of the portfolio.

Compared with Q4 2023, the fund opened 5 new positions and exited 1.

Portfolio Metrics

Turnover
+4.1%
vs prior filed quarter
Top-10 Concentration
+45.0%
share of reported value
Largest Position
+7.5%
Agnico Eagle Mines
New / Exited
5 / 1
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: 68.8%ADR: 25.4%ETP: 3.1%Other: 2.6%
  • Common Stock · 68.8% · $338M
  • ADR · 25.4% · $125M
  • ETP · 3.1% · $15M
  • Other · 2.6% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IEIVANHOE ELECTRIC INC / USNEW+121.1K121.1K+$1M$1M
RIORIO TINTO PLC-SPON ADRNEW+4.8K4.8K+$321,000$321,000
ENBENBRIDGE INCNEW+7.3K7.3K+$258,000$258,000
EXMOCEXXON MOBIL CORPNEW+2.2K2.2K+$257,000$257,000
TAT&T INCNEW+10.9K10.9K+$192,000$192,000
SASEABRIDGE GOLD INCADDED+27.6K41.1K+$472,000$635,000
VOXRVOX ROYALTY CORPSOLD OUT−58.4K0+$0$0
GFIGOLD FIELDS LTD-SPONS ADRTRIMMED−158.3K12.0K−$2M$195,000

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

Holdings — Q1 2024

72 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AEMAGNICO EAGLE MINES LTDhistory →COM7.51%$37M614.0K
2ABXBARRICK GOLD CORPhistory →SPONSORED ADR6.84%$34M1.98M
3FNVFRANCO-NEVADA CORPhistory →COM5.44%$27M223.9K
4PAASPAN AMERICAN SILVER CORPhistory →COM4.45%$22M1.40M
5BTIBRITISH AMERICAN TOB-SP ADRhistory →SPONSORED ADR4.04%$20M656.3K
6OREUROSISKO GOLD ROYALTIES LTDhistory →COM3.91%$19M1.17M
7FORTUNA SILVER MINES INCCOM3.54%$17M4.59M
8WPMWHEATON PRECIOUS METALS CORPhistory →COM3.19%$16M331.5K
9NEMNEWMONT CORPhistory →COM3.05%$15M396.8K
10BPBP PLC-SPONS ADRhistory →SPONSORED ADS3.00%$15M383.9K
11RGLDROYAL GOLD INChistory →COM2.93%$14M118.3K
12PMPHILIP MORRIS INTERNATIONALhistory →COM2.79%$14M150.7K
13EQXEQUINOX GOLD CORPhistory →COM2.76%$14M2.25M
14SHELSHELL PLC-ADRhistory →COM2.68%$13M186.4K
15BTGB2GOLD CORPhistory →SPONSORED ADR2.65%$13M4.96M
16UNILEVER PLC-SPONSORED ADRSPON ADR NEW2.63%$13M263.9K
17TTENTOTALENERGIES SE -SPON ADRhistory →SPONSORED ADS2.61%$13M177.2K
18NVONOVO-NORDISK A/S-SPONS ADRhistory →ADR2.56%$13M98.5K
19MTAMETALLA ROYALTY & STREAMINGhistory →COM NEW2.56%$13M4.03M
20BNSBANK OF NOVA SCOTIAhistory →SPONSORED ADR2.52%$12M242.0K
21IAUXI-80 GOLD CORPhistory →COM2.07%$10M7.75M
22KGCKINROSS GOLD CORPhistory →COM2.07%$10M1.62M
23GSKGSK PLC-SPON ADRhistory →COM1.95%$10M227.8K
24NVSNOVARTIS AG-SPONSORED ADRhistory →SPONSORED ADR1.95%$10M99.4K
25IAGIAMGOLD CORPhistory →COM1.87%$9M2.74M
26OUNZVANECK MERK GOLD TRUSThistory →SPONSORED ADS1.75%$9M397.2K
27ABEVAMBEV SA-ADRhistory →SPONSORED ADS1.69%$8M3.39M
28EQNREQUINOR ASA-SPON ADRhistory →COM1.63%$8M287.6K
29SPROTT PHYSICAL GOLD AND SILTR UNIT1.56%$8M349.2K
30NTRNUTRIEN LTDhistory →COM1.27%$6M112.9K
31TFPMTRIPLE FLAG PRECIOUS METhistory →COM1.23%$6M419.6K
32SILVERCREST METALS INCBLOOMBERG INTL T0.81%$4M599.9K
33BBDBANCO BRADESCO-ADRSP ADR PFD NEW0.74%$4M1.28M
34AGIALAMOS GOLD INC-CLASS ACOM CL A0.74%$4M245.5K
35FEMBFIRST TRUST EMERGING MARKETSCOM0.67%$3M114.5K
36CCUCIA CERVECERIAS UNI-SPON ADRCOM0.54%$3M220.2K
37BCEBCE INCSPONSORED ADS0.51%$2M75.2K
38AQNALGONQUIN POWER & UTILITIESCOM0.47%$2M361.1K
39EMXEMX ROYALTY CORPCOM0.45%$2M3.97M
40IGOVISHARES INTERNATIONAL TREASUINTL TREA BD ETF0.39%$2M47.7K
41SKMSK TELECOM CO LTD-SPON ADRSPONSORED ADR0.34%$2M78.1K
42SPROTT PHYSICAL SILVER TRUSTBLOOMBERG INTL T0.34%$2M198.5K
43NTESNETEASE INC-ADRSPONSORED ADS0.26%$1M12.6K
44BWXSPDR BLOOMBERG INT TREASURYBLOOMBERG INTL T0.25%$1M54.9K
45ITUBITAU UNIBANCO H-SPON PRF ADRSPON ADR REP PFD0.25%$1M174.1K
46IEIVANHOE ELECTRIC INC / USSPON ADR REP PFD0.24%$1M121.1K
47DEODIAGEO PLC-SPONSORED ADRCOM0.24%$1M8.1K
48AUANGLOGOLD ASHANTI PLCCOM0.20%$998,00044.9K
49HLNHALEON PLC-ADRCOM0.17%$838,000101.6K
50DCDAKOTA GOLD CORPSPON ADR REP PFD0.15%$757,000312.8K
51VALEVALE SA-SP ADRSPONSORED ADS0.15%$745,00060.5K
52INFYINFOSYS LTD-SP ADRCOM0.15%$725,00040.2K
53SPROTT PHYSICAL GOLD TRUSTBLOOMBERG INTL T0.14%$694,00048.4K
54SASEABRIDGE GOLD INCBLOOMBERG INTL T0.13%$635,00041.1K
55VODVODAFONE GROUP PLC-SP ADRUNIT0.11%$522,00057.9K
56MELIMERCADOLIBRE INCCOM0.09%$459,000302
57TSMTAIWAN SEMICONDUCTOR-SP ADRSPONSORED ADS0.09%$450,0003.1K
58SAPSAP SE-SPONSORED ADRBLOOMBERG INTL T0.08%$411,0002.0K
59GDXVANECK GOLD MINERS ETFGOLD MINERS ETF0.07%$349,00010.5K
60AGFIRST MAJESTIC SILVER CORPCOM0.07%$323,00043.0K
61RIORIO TINTO PLC-SPON ADRCOM0.07%$321,0004.8K
62CNICANADIAN NATL RAILWAY COCOM0.07%$321,0002.4K
63ENBENBRIDGE INCCOM0.05%$258,0007.3K
64EXMOCEXXON MOBIL CORPCOM0.05%$257,0002.2K
65GFIGOLD FIELDS LTD-SPONS ADRCOM0.04%$195,00012.0K
66KTKT CORP-SP ADRSPON ADR REP PFD0.04%$193,00013.1K
67TAT&T INCCOM0.04%$192,00010.9K
68VIVTELEFONICA BRASIL-ADRNEW ADR0.03%$128,00012.4K
69CXCEMEX SAB-SPONS ADR PART CERCOM0.02%$108,00011.6K
70VGZVISTA GOLD CORPCOM NEW0.02%$96,000170.1K
71WITWIPRO LTD-ADRCOM0.02%$82,00013.8K
72EXKENDEAVOUR SILVER CORPCOM0.02%$79,00027.5K

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 ↗.