SEC 13F Intelligence

Managers / Q4 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
$464M
Q4 2024
Positions
71
Filings on Record
30
2019–present window
Filed
Jan 21, 2025
original filing

Summary

Euro Pacific Asset Management, LLC reported $464M in U.S.-listed holdings across 71 positions for Q4 2024.

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

Compared with Q3 2024, the fund opened 0 new positions and exited 4.

Portfolio Metrics

Turnover
+1.1%
vs prior filed quarter
Top-10 Concentration
+51.1%
share of reported value
Largest Position
+9.3%
Agnico Eagle Mines

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: 70.1%ADR: 22.4%ETP: 4.4%Other: 3.1%MLP: 0.1%REIT: 0.0%
  • Common Stock · 70.1% · $325M
  • ADR · 22.4% · $104M
  • ETP · 4.4% · $20M
  • Other · 3.1% · $14M
  • MLP · 0.1% · $259,000
  • REIT · 0.0% · $221,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DCDAKOTA GOLD CORPADDED+724.0K1.11M+$2M$2M
SILVERCREST METALS INCSOLD OUT−488.5K0−$5M$0
AUANGLOGOLD ASHANTI PLCSOLD OUT−118.0K0−$3M$0
TFPMTRIPLE FLAG PRECIOUS METSOLD OUT−161.8K0−$3M$0
VIVTELEFONICA BRASIL-ADRSOLD OUT−12.2K0−$129,000$0
WITWIPRO LTD-ADRADDED+10.3K22.6K+$1,000$84,000
WRNWESTERN COPPER AND GOLD CORPADDED+399.0K1.09M+$321,000$1M
VODVODAFONE GROUP PLC-SP ADRTRIMMED−27.6K21.9K−$310,000$188,000

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

Holdings — Q4 2024

71 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AEMAGNICO EAGLE MINES LTDhistory →COM9.27%$43M543.3K
2ABXBARRICK GOLD CORPhistory →COM6.70%$31M1.99M
3PAASPAN AMERICAN SILVER CORPhistory →COM5.89%$27M1.34M
4FNVFRANCO-NEVADA CORPhistory →COM5.83%$27M227.9K
5BTIBRITISH AMERICAN TOB-SP ADRhistory →SPONSORED ADR5.25%$24M665.5K
6OREUROSISKO GOLD ROYALTIES LTDhistory →COM4.28%$20M1.09M
7FSMFORTUNA MINING CORPhistory →COM NEW4.05%$19M4.37M
8WPMWHEATON PRECIOUS METALS CORPhistory →COM3.45%$16M283.9K
9RGLDROYAL GOLD INChistory →COM3.31%$15M116.3K
10UNILEVER PLC-SPONSORED ADRSPON ADR NEW3.06%$14M250.2K
11BTGB2GOLD CORPhistory →COM3.00%$14M5.68M
12NEMNEWMONT CORPhistory →COM2.88%$13M352.6K
13BNSBANK OF NOVA SCOTIAhistory →COM2.71%$13M233.5K
14MTAMETALLA ROYALTY & STREAMINGhistory →COM NEW2.63%$12M4.82M
15PMPHILIP MORRIS INTERNATIONALhistory →COM2.45%$11M93.8K
16OUNZVANECK MERK GOLD ETFhistory →GOLD TRUST2.44%$11M446.9K
17SHELSHELL PLC-ADRhistory →SPON ADS2.41%$11M174.5K
18BPBP PLC-SPONS ADRhistory →SPONSORED ADR2.40%$11M370.2K
19KGCKINROSS GOLD CORPhistory →COM2.33%$11M1.12M
20EQXEQUINOX GOLD CORPhistory →COM2.32%$11M2.14M
21NVSNOVARTIS AG-SPONSORED ADRhistory →SPONSORED ADR2.00%$9M95.2K
22TTENTOTALENERGIES SE -SPON ADRhistory →SPONSORED ADS1.99%$9M167.5K
23NVONOVO-NORDISK A/S-SPONS ADRhistory →ADR1.72%$8M91.4K
24SPROTT PHYSICAL GOLD AND SILTR UNIT1.70%$8M325.4K
25IAGIAMGOLD CORPhistory →COM1.58%$7M1.41M
26GSKGSK PLC-SPON ADRhistory →SPONSORED ADR1.56%$7M214.2K
27EQNREQUINOR ASA-SPON ADRhistory →SPONSORED ADR1.46%$7M275.1K
28ABEVAMBEV SA-ADRhistory →SPONSORED ADR1.27%$6M3.22M
29NTRNUTRIEN LTDhistory →COM1.06%$5M107.7K
30IAUXI-80 GOLD CORPCOM0.89%$4M8.57M
31FEMBFIRST TRUST EMERGING MARKETSEME MRK BD ETF0.67%$3M117.5K
32SPROTT PHYSICAL SILVER TRUSTTR UNIT0.56%$3M269.1K
33EMXEMX ROYALTY CORPCOM0.53%$2M1.42M
34DCDAKOTA GOLD CORPCOM0.53%$2M1.11M
35IGOVISHARES INTERNATIONAL TREASUINTL TREA BD ETF0.41%$2M49.0K
36YUMCYUM CHINA HOLDINGS INCCOM0.36%$2M35.3K
37AQNALGONQUIN POWER & UTILITIESCOM0.34%$2M354.8K
38BCEBCE INCCOM NEW0.34%$2M66.7K
39SKMSK TELECOM CO LTD-SPON ADRSPONSORED ADR0.34%$2M74.0K
40IEIVANHOE ELECTRIC INC / USCOM0.31%$1M191.2K
41INFYINFOSYS LTD-SP ADRSPONSORED ADR0.31%$1M65.9K
42BWXSPDR BLOOMBERG INT TREASURYBLOOMBERG INTL T0.27%$1M56.8K
43NTESNETEASE INC-ADRSPONSORED ADS0.25%$1M13.1K
44WRNWESTERN COPPER AND GOLD CORPCOM0.25%$1M1.09M
45BBDBANCO BRADESCO-ADRSP ADR PFD NEW0.24%$1M582.4K
46DEODIAGEO PLC-SPONSORED ADRSPON ADR NEW0.22%$1M8.3K
47SPROTT PHYSICAL GOLD TRUSTUNIT0.20%$942,00047.8K
48HLNHALEON PLC-ADRSPON ADS0.19%$889,00093.8K
49ITUBITAU UNIBANCO H-SPON PRF ADRSPON ADR REP PFD0.18%$858,000172.4K
50TSMTAIWAN SEMICONDUCTOR-SP ADRSPONSORED ADS0.14%$634,0003.1K
51VALEVALE SA-SP ADRSPONSORED ADS0.12%$571,00064.4K
52VWOBVANGUARD EMERG MKTS GOV BNDEM MK GOV BD ETF0.12%$558,0008.8K
53JAAAJANUS HENDERSON AAA CLO ETFHENDRSON AAA CL0.12%$557,00011.0K
54USHYISHARES BROAD USD HIGH YIELDBROAD USD HIGH0.12%$549,00014.9K
55PSKSPDR ICE PREFERRED SECURITIEICE PFD SEC ETF0.12%$539,00016.0K
56MELIMERCADOLIBRE INCCOM0.11%$496,000290
57ENBENBRIDGE INCCOM0.09%$437,00010.1K
58SAPSAP SE-SPONSORED ADRSPON ADR0.09%$417,0001.7K
59USFRWISDOMTREE FLOATING RATE TREFLOATING RAT TREA0.08%$348,0006.9K
60GDXVANECK GOLD MINERS ETFGOLD MINERS ETF0.07%$323,0009.2K
61RIORIO TINTO PLC-SPON ADRSPONSORED ADR0.06%$283,0004.8K
62AGFIRST MAJESTIC SILVER CORPCOM0.06%$262,00045.7K
63ETENERGY TRANSFER LPCOM UT LTD PTN0.06%$259,00013.2K
64OHIOMEGA HEALTHCARE INVESTORSCOM0.05%$221,0005.8K
65AGIALAMOS GOLD INC-CLASS ACOM CL A0.05%$212,00011.4K
66VODVODAFONE GROUP PLC-SP ADRSPONSORED ADR0.04%$188,00021.9K
67KTKT CORP-SP ADRSPONSORED ADR0.04%$179,00011.1K
68GFIGOLD FIELDS LTD-SPONS ADRSPONSORED ADR0.04%$173,00012.9K
69EXKENDEAVOUR SILVER CORPCOM0.02%$109,00027.5K
70WITWIPRO LTD-ADRSPON ADR 1 SH0.02%$84,00022.6K
71CXCEMEX SAB-SPONS ADR PART CERSPON ADR NEW0.01%$62,00010.5K

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 ↗.