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Portfolio (Quarterly) Guide ↗

U S GLOBAL INVESTORS INC

· CIK 0000754811
13F Portfolio $858M AUM 162 positions Filed May 1, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 29 New 42 Added 35 Reduced 23 Exited
Page 1 of 7  ·  135 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 DAL DELTA AIR LI Industrials 1,171,746.0 $77.9M 9.08% -45K -3.7% $66.48 +5.7%
2 UAL UNITED AIRLINES Industrials 784,599.0 $72.2M 8.42% -7K -0.9% $92.07 +0.5%
3 AAL AMERICAN AIRLINE Industrials 6,435,049.0 $69.1M 8.06% +865K +15.5% $10.74 +12.3%
4 LUV SOUTHWEST AIR Industrials 1,668,355.0 $62.7M 7.31% -439K -20.8% $37.57 +2.1%
5 JBLU JETBLUE AIRWAYS Industrials 5,542,536.0 $24.5M 2.86% +814K +17.2% $4.42 +3.6%
6 ALGT ALLEGIANT TRAVEL Industrials 299,225.0 $24.2M 2.83% +15K +5.1% $81.04 -13.8%
7 ULCC FRONTIER GROUP H Industrials 6,781,412.0 $23.9M 2.79% +2.6M +63.9% $3.53 +31.2%
8 SKYW SKYWEST INC Industrials 257,593.0 $23.7M 2.76% +35K +15.5% $91.83 -10.9%
9 ALK ALASKA AIR GROUP Industrials 596,572.0 $21.9M 2.56% +141K +30.9% $36.78 -1.5%
10 FNV FRANCO NEV CORP Basic Materials 84,410.0 $20.9M 2.43% -5K -5.5% $247.05 -8.8%
11 RGLD ROYAL GOLD INC Basic Materials 81,240.0 $20.7M 2.41% -6K -6.5% $254.49 -11.1%
12 OR OR ROYALTIES INC Basic Materials 534,625.0 $20.3M 2.37% +191K +55.8% $38.02 -4.2%
13 IAG IAMGOLD CORP Basic Materials 971,581.0 $18.3M 2.13% +397K +69.0% $18.82 -9.8%
14 CDE COEUR MINING INC Basic Materials 829,850.0 $15.6M 1.82% +475K +133.8% $18.77 -10.7%
15 TRIP TRIPADVISOR INC Consumer Cyclical 1,372,941.0 $14.6M 1.71% +335K +32.3% $10.66 -10.6%
16 GFI GOLD FIELDS LTD Basic Materials 316,358.0 $14.4M 1.68% +166K +110.9% $45.40 -10.7%
17 EXPE EXPEDIA GROUP IN Consumer Cyclical 56,029.0 $12.9M 1.51% -783.0 -1.4% $230.89 -6.9%
18 ANGLOGOLD ASHANT 130,445.0 $12.7M 1.48% +40K +44.9% $97.36
19 BKNG BOOKING HOLDINGS Consumer Cyclical 3,008.0 $12.7M 1.48% -22.0 -0.7% $4210.32 -96.3%
20 BA BOEING CO/THE Industrials 62,592.0 $12.5M 1.45% -15K -19.0% $199.03 +8.0%
Page 1 of 7  ·  135 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Industrials 58.1%
Basic Materials 29.4%
Consumer Cyclical 9.9%
Energy 2.0%
Financial Services 0.4%
Utilities 0.1%
Consumer Defensive 0.1%
Technology 0.0%