GLOBAL STRATEGIC MANAGEMENT INC
Filing Date
Global Rank
#4,992
/ 8,232
▲ 338
Top Industry
Gold
66.6%
3Y Alpha vs SPY
+4.7%
Period ended 2 months ago
Filed May 13, 2026 · 32d
6 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+100.5%
SPY
+76.3%
Annualised alpha
+5.3%
Max drawdown
−32.3%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
24 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
16.0%
+2.0 pts
Top 5
57.9%
+2.9 pts
Top 10
84.5%
+2.4 pts
HHI
885
Diversified+61
Portfolio Trend
6 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Basic Materials | 94.1% | $110,868,843 |
| Financial Services | 3.7% | $4,341,385 |
| Consumer Defensive | 1.1% | $1,348,890 |
| Real Estate | 1.1% | $1,241,544 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
7 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| MTA | Metalla Royalty & Streaming Ltd. | +236,950 | 2,319,749 | $15,379,935 | |
| WRN | Western Copper & Gold Corp | +113,800 | 439,200 | $1,111,176 | |
| EQX | Equinox Gold Corp. | +38,500 | 175,178 | $2,533,073 | |
| FSM | Fortuna Mining Corp. | +35,700 | 977,049 | $9,702,096 | |
| GBDC | GOLUB CAPITAL BDC, Inc. | +20,800 | 50,700 | $641,862 | |
| BTG | B2gold Corp | +18,200 | 547,164 | $2,478,652 | |
| CAG | Conagra Brands Inc. | +11,000 | 37,500 | $589,500 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
13 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| B | Barrick Mining Corp | −51,771 | 73,534 | $2,999,451 | |
| LAND | GLADSTONE LAND Corp | −33,500 | 121,720 | $1,241,544 | |
| ELE | Elemental Royalty Corp | −33,478 | 247,719 | $4,667,025 | |
| TFPM | Triple Flag Precious Metals Corp. | −20,931 | 302,378 | $10,495,540 | |
| IE | Ivanhoe Electric Inc. | −20,000 | 41,638 | $492,161 | |
| ORLA | Orla Mining Ltd. | −18,400 | 78,300 | $1,262,979 | |
| OR | OR Royalties Inc. | −14,490 | 211,502 | $8,041,306 | |
| ARCC | Ares Capital Corp | −6,129 | 103,112 | $1,858,078 | |
| PAAS | Pan American Silver Corp | −5,700 | 148,284 | $8,100,754 | |
| WPM | Wheaton Precious Metals Corp. | −3,020 | 36,349 | $4,762,082 | |
| FNV | FRANCO NEVADA Corp | −2,435 | 76,216 | $18,829,162 | |
| RGLD | Royal Gold Inc | −1,720 | 22,221 | $5,655,022 | |
| AEM | Agnico Eagle Mines Ltd | −1,620 | 68,270 | $13,857,444 | |
| No positions match the current search. | |||||
Sold Out
Positions the filer fully exited
5 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| DMLP | Dorchester Minerals, L.P. | 29,050 | $649,558 | |
| GAIN | Gladstone Investment Corporationde | 39,032 | $545,277 | |
| ERO | Ero Copper Corp. | 18,608 | $526,420 | |
| PTON | Peloton Interactive, Inc. | 79,200 | $487,872 | |
| SEG | Seaport Entertainment Group Inc. | 17,300 | $342,021 | |
| No positions match the current search. | ||||
24 positions ·
$117,800,662 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| FNV |
FRANCO NEVADA Corp
Basic Materials
|
Reduced | 76,216 | $18,829,162 | 15.98% | |
| MTA |
Metalla Royalty & Streaming Ltd.
Basic Materials
|
Added | 2,319,749 | $15,379,935 | 13.06% | |
| AEM |
Agnico Eagle Mines Ltd
Basic Materials
|
Reduced | 68,270 | $13,857,444 | 11.76% | |
| TFPM |
Triple Flag Precious Metals Corp.
Basic Materials
|
Reduced | 302,378 | $10,495,540 | 8.91% | |
| FSM |
Fortuna Mining Corp.
Basic Materials
|
Added | 977,049 | $9,702,096 | 8.24% | |
| PAAS |
Pan American Silver Corp
Basic Materials
|
Reduced | 148,284 | $8,100,754 | 6.88% | |
| OR |
OR Royalties Inc.
Basic Materials
|
Reduced | 211,502 | $8,041,306 | 6.83% | |
| RGLD |
Royal Gold Inc
Basic Materials
|
Reduced | 22,221 | $5,655,022 | 4.80% | |
| WPM |
Wheaton Precious Metals Corp.
Basic Materials
|
Reduced | 36,349 | $4,762,082 | 4.04% | |
| ELE |
Elemental Royalty Corp
Basic Materials
|
Reduced | 247,719 | $4,667,025 | 3.96% | |
| B |
Barrick Mining Corp
Basic Materials
|
Reduced | 73,534 | $2,999,451 | 2.55% | |
| EQX |
Equinox Gold Corp.
Basic Materials
|
Added | 175,178 | $2,533,073 | 2.15% | |
| BTG |
B2gold Corp
Basic Materials
|
Added | 547,164 | $2,478,652 | 2.10% | |
| ARCC |
Ares Capital Corp
Financial Services
|
Reduced | 103,112 | $1,858,078 | 1.58% | |
| PSLV |
Sprott Physical Silver Trust
Financial Services
|
Held | 75,500 | $1,841,445 | 1.56% | |
| ORLA |
Orla Mining Ltd.
Basic Materials
|
Reduced | 78,300 | $1,262,979 | 1.07% | |
| LAND |
GLADSTONE LAND Corp
Real Estate
|
Reduced | 121,720 | $1,241,544 | 1.05% | |
| WRN |
Western Copper & Gold Corp
Basic Materials
|
Added | 439,200 | $1,111,176 | 0.94% | |
| DEO |
Diageo PLC
Consumer Defensive
|
NEW | 10,200 | $759,390 | 0.64% | |
| GBDC |
GOLUB CAPITAL BDC, Inc.
Financial Services
|
Added | 50,700 | $641,862 | 0.54% | |
| CAG |
Conagra Brands Inc.
Consumer Defensive
|
Added | 37,500 | $589,500 | 0.50% | |
| IE |
Ivanhoe Electric Inc.
Basic Materials
|
Reduced | 41,638 | $492,161 | 0.42% | |
| VMET |
Versamet Royalties Corp
Basic Materials
|
NEW | 33,500 | $318,585 | 0.27% | |
| IAUX |
i-80 Gold Corp.
Basic Materials
|
NEW | 120,000 | $182,400 | 0.15% |