Kercheville Advisors, LLC

CIK

1890748

Location

San Antonio, TX

Portfolio Value

Micro $65,041,452

Diversification

Diversified

Filing Date

Global Rank

#3,274 / 8,232 ▼ 2

Top Industry

Semiconductors 10.7%

3Y Alpha vs SPY

+0.5%

Period ended 2 months ago

Filed Apr 20, 2026 · 55d

22 quarters · since Dec 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+78.3%

SPY

+76.3%

Annualised alpha

+0.5%

Max drawdown

−20.3%

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

94 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.8%

+0.5 pts

Top 5

33.4%

+2.2 pts

Top 10

50.7%

+3.5 pts

HHI

359

Diversified+37

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.1%	$65,041,452	17
Energy	16.7%	$45,225,951	15
Consumer Cyclical	11.6%	$31,360,641	6
Consumer Defensive	10.0%	$26,893,247	4
Communication Services	9.9%	$26,687,014	5
Basic Materials	9.7%	$26,091,747	7
Industrials	7.6%	$20,569,731	10
Financial Services	5.7%	$15,301,579	22
Healthcare	2.9%	$7,850,660	5
Unclassified	1.8%	$4,774,140	2
Utilities	0.1%	$289,241	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IBRX	ImmunityBio, Inc.	+58,963	643,137	$4,932,860
EPD	Enterprise Products Partners L.P.	+52,620	93,320	$3,531,228
NVG	Nuveen AMT-Free Municipal Credit Income Fund	+30,014	66,600	$821,178
ET	Energy Transfer LP	+13,573	77,990	$1,505,207
UPST	Upstart Holdings, Inc.	+10,000	15,000	$384,750
WES	Western Midstream Partners, LP	+7,900	19,300	$794,581
IQI	Invesco Quality Municipal Income Trust	+5,000	21,000	$202,020
NEA	Nuveen AMT-Free Quality Municipal Income Fund	+4,619	146,035	$1,639,973
MU	Micron Technology Inc	+4,355	12,355	$4,174,013
MPLX	Mplx LP	+4,000	135,336	$7,723,625
BKR	Baker Hughes Co	+3,000	7,500	$457,875
WMT	Walmart Inc.	+2,314	63,544	$7,897,248
AKAM	Akamai Technologies Inc	+2,300	6,950	$798,207
TYG	Tortoise Energy Infrastructure Corp	+1,757	23,100	$1,151,535
T	At&T Inc.	+1,581	15,995	$463,695
MUX	McEwen Inc.	+1,000	11,000	$224,620
XOM	Exxon Mobil Corp	+684	62,358	$10,579,658
VZ	Verizon Communications Inc	+626	5,867	$294,523
TEI	Templeton Emerging Markets Income Fund	+415	63,587	$382,157
CVX	Chevron Corp	+340	9,178	$1,898,928
COST	Costco Wholesale Corp /New	+280	12,480	$12,435,446
DE	Deere & Co	+220	2,260	$1,273,058
MRK	Merck & Co., Inc.	+203	4,003	$481,520
UPS	United Parcel Service Inc	+180	5,620	$552,895
V	Visa Inc.	+91	1,131	$341,833
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SOFI	SoFi Technologies, Inc.	−197,675	12,290	$195,165
CELH	Celsius Holdings, Inc.	−67,283	176,710	$6,269,670
UEC	Uranium Energy Corp	−60,350	60,550	$817,425
LUV	Southwest Airlines Co	−39,350	90,174	$3,387,837
SLV	iShares Silver Trust	−35,675	21,825	$1,487,155
BE	Bloom Energy Corp	−16,360	31,855	$4,316,033
SLB	Slb Limited/Nv	−12,600	21,400	$1,099,746
PLTR	Palantir Technologies Inc.	−9,163	24,827	$3,631,693
AGI	Alamos Gold Inc	−8,177	77,124	$3,426,619
LVS	Las Vegas Sands Corp	−7,699	15,684	$845,053
CCJ	Cameco Corp	−6,810	43,227	$4,694,884
NFLX	Netflix Inc	−6,712	84,386	$8,113,713
BX	Blackstone Inc.	−5,691	28,160	$3,238,118
AMZN	Amazon Com Inc	−4,453	91,448	$19,045,874
GOOGL	Alphabet Inc.	−4,351	27,047	$7,777,635
UBER	Uber Technologies, Inc	−3,924	35,861	$2,579,481
BA	Boeing Co	−3,315	2,764	$550,118
DELL	Dell Technologies Inc.	−3,000	5,652	$927,662
META	Meta Platforms, Inc.	−2,963	17,544	$10,037,448
AMD	Advanced Micro Devices Inc	−2,635	18,125	$3,687,168
KGC	Kinross Gold Corp	−2,600	10,800	$329,616
TSLA	Tesla, Inc.	−2,550	15,815	$5,879,226
AEM	Agnico Eagle Mines Ltd	−2,262	103,568	$21,022,232
MSFT	Microsoft Corp	−2,234	14,982	$5,545,886
AVAV	AeroVironment Inc	−2,025	1,850	$338,642
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
FANG	Diamondback Energy, Inc.	4,000	$791,160
HAL	Halliburton Co	17,050	$664,779
VLO	Valero Energy Corp/Tx	1,798	$444,249
GLW	Corning Inc /Ny	3,130	$425,586
STX	Seagate Technology Holdings plc	950	$372,172
WDC	Western Digital Corp	1,200	$324,588
XEL	Xcel Energy Inc	3,641	$289,241
MPC	Marathon Petroleum Corp	867	$211,704
NQP	NUVEEN PENNSYLVANIA QUALITY MUNICIPAL INCOME FUND	10,000	$119,300
No positions match the current search.

Sold Out

Positions the filer fully exited

21 positions

Ticker	Company	Shares	Value
BABA	Alibaba Group Holding Ltd	21,506	$3,152,349
BIDU	Baidu, Inc.	18,275	$2,387,811
IBIT	iShares Bitcoin Trust ETF	40,745	$2,022,989
JPM	Jpmorgan Chase & Co	6,195	$1,996,152
IE	Ivanhoe Electric Inc.	114,600	$1,831,308
CAVA	Cava Group, Inc.	27,600	$1,619,844
VIK	Viking Holdings Ltd	11,000	$785,510
TSM	Taiwan Semiconductor Manufacturing Co Ltd	2,050	$622,974
C	Citigroup Inc	4,245	$495,349
USAR	USA Rare Earth, Inc.	37,200	$442,680
FTAI	FTAI Aviation Ltd.	2,200	$433,070
APH	Amphenol Corp /De/	3,000	$405,420
SHAK	Shake Shack Inc.	4,000	$324,680
GE	General Electric Co	1,050	$323,431
NVO	Novo Nordisk A S	6,300	$320,544
ISRG	Intuitive Surgical Inc	495	$280,348
CRWD	CrowdStrike Holdings, Inc.	560	$262,505
RCL	Royal Caribbean Cruises Ltd	765	$213,373
INTC	Intel Corp	5,331	$196,713
IREN	IREN Ltd	4,200	$158,634
KTOS	Kratos Defense & Security Solutions, Inc.	2,000	$151,820
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

17 positions · $65,041,452 total · Technology only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	114,226	-1,799	$19,921,014	−7.9%	30.63%
AAPL	Apple Inc. Technology	Reduced	70,137	-410	$17,800,069	−7.2%	27.37%
MSFT	Microsoft Corp Technology	Reduced	14,982	-2,234	$5,545,886	−33.4%	8.53%
MU	Micron Technology Inc Technology	Added	12,355	+4,355	$4,174,013	+82.8%	6.42%
AMD	Advanced Micro Devices Inc Technology	Reduced	18,125	-2,635	$3,687,168	−17.1%	5.67%
PLTR	Palantir Technologies Inc. Technology	Reduced	24,827	-9,163	$3,631,693	−39.9%	5.58%
UBER	Uber Technologies, Inc Technology	Reduced	35,861	-3,924	$2,579,481	−20.7%	3.97%
SNPS	Synopsys Inc Technology	Held	4,981	0	$1,974,866	−15.6%	3.04%
CSCO	Cisco Systems, Inc. Technology	Reduced	12,715	-1,000	$986,556	−6.6%	1.52%
DELL	Dell Technologies Inc. Technology	Reduced	5,652	-3,000	$927,662	−14.8%	1.43%
SHOP	Shopify Inc. Technology	Reduced	6,850	-510	$812,547	−31.4%	1.25%
AKAM	Akamai Technologies Inc Technology	Added	6,950	+2,300	$798,207	+96.7%	1.23%
AVGO	Broadcom Inc. Technology	Reduced	1,990	-200	$615,924	−18.7%	0.95%
GRMN	Garmin Ltd Technology	Held	2,000	0	$464,020	+14.4%	0.71%
GLW	Corning Inc /Ny Technology	NEW	3,130	NEW	$425,586	NEW	0.65%
STX	Seagate Technology Holdings plc Technology	NEW	950	NEW	$372,172	NEW	0.57%
WDC	Western Digital Corp Technology	NEW	1,200	NEW	$324,588	NEW	0.50%