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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 4 of 7  ·  135 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 VMET VERSAMET ROYALTI Financial Services 250,000.0 $2.2M 0.26% NEW $8.78 +25.4%
62 TRIPLE FLAG PRECIOUS METAL 60,000.0 $2.1M 0.24% -219K -78.5% $34.71
63 MUX MCEWEN INC Basic Materials 100,000.0 $2.0M 0.24% $20.48 +3.6%
64 TOTALENERGIES SE 22,000.0 $2.0M 0.23% +7K +46.7% $90.98
65 AMZN AMAZON COM INC Consumer Cyclical 9,500.0 $2.0M 0.23% NEW $208.27 +25.1%
66 WDS WOODSIDE ENERGY GROUP LTD Energy 75,000.0 $1.8M 0.21% +35K +87.5% $23.88 -2.6%
67 LNG CHENIERE ENERGY INC Energy 6,200.0 $1.8M 0.20% +3K +106.7% $283.76 -12.0%
68 SHEL SHELL PLC Energy 18,000.0 $1.7M 0.20% +7K +63.6% $93.00 -4.8%
69 HL HECLA MINING COMPANY Basic Materials 75,000.0 $1.4M 0.16% NEW $18.63 -11.6%
70 CCL CARNIVAL CORP Consumer Cyclical 52,500.0 $1.4M 0.16% -18K -25.5% $25.88 -8.7%
71 HLT HILTON WORLDWIDE HLDGS INC Consumer Cyclical 4,250.0 $1.3M 0.15% -3K -43.3% $304.08 +3.6%
72 SA SEABRIDGE GOLD INC Basic Materials 40,000.0 $1.1M 0.13% $28.34 -0.8%
73 LTH LIFE TIME GROUP HOLDINGS INC Consumer Cyclical 41,100.0 $1.1M 0.13% +8K +22.3% $26.94 +21.3%
74 UBS UBS GROUP AG Financial Services 27,800.0 $1.1M 0.13% +3K +13.5% $39.07 +17.9%
75 AG FIRST MAJESTIC SILVER CORP Basic Materials 50,000.0 $1.1M 0.12% NEW $21.48 -11.5%
76 INTEGRA RES CORP 393,000.0 $1.1M 0.12% -993K -71.7% $2.73
77 MAR MARRIOTT INTL INC NEW Consumer Cyclical 2,900.0 $949K 0.11% -3K -50.0% $327.07 +9.6%
78 EL LAUDER ESTEE COS INC Consumer Defensive 13,000.0 $933K 0.11% +6K +100.0% $71.77 +6.7%
79 VIKING HOLDINGS LTD 12,335.0 $906K 0.11% -3K -21.4% $73.48
80 BW LPG LTD 49,708.0 $880K 0.10% +33K +191.6% $17.70
Page 4 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%