Q2 2025 Holdings
Filed 2025-08-11 | 44 holdings | $318.6M | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| New Gold Inc CDA(NGD) | COM | 644535106 | $22.4M | $4,525,726 | 7.0% |
| Maui LD & Pineapple Inc(MLP) | COM | 577345101 | $20.0M | $1,099,641 | 6.3% |
| CIA Energetica de Minas Gera(CIG) | SP ADR N-V PFD | 204409601 | $17.9M | $9,130,696 | 5.6% |
| Compania de Minas Buenaventu(BVN) | SPONSORED ADR | 204448104 | $16.5M | $1,003,017 | 5.2% |
| Corteva Inc(CTVA) | COM | 22052L104 | $16.0M | $215,054 | 5.0% |
| Ishares Silver TR(SLV) | ISHARES | 46428Q109 | $15.3M | $465,875 | 4.8% |
| Consolidated Water Co Inc(CWCO) | ORD | G23773107 | $14.6M | $486,225 | 4.6% |
| Adeia Inc(ADEA) | COM | 00676P107 | $14.1M | $997,478 | 4.4% |
| Spdr Gold TR(GLD) | GOLD SHS | 78463V107 | $13.2M | $43,214 | 4.1% |
| Sibanye Stillwater LTD(SBSW) | SPONSORED ADR | 82575P107 | $13.1M | $1,820,675 | 4.1% |
| Xylem Inc(XYL) | COM | 98419M100 | $12.9M | $99,933 | 4.1% |
| Nokia Corp(NOK) | SPONSORED ADR | 654902204 | $11.8M | $2,273,192 | 3.7% |
| Mannkind Corp(MNKD) | COM NEW | 56400P706 | $11.2M | $2,982,575 | 3.5% |
| Stratasys LTD(SSYS) | SHS | M85548101 | $10.6M | $920,900 | 3.3% |
| Waste Mgmt Inc del(WM) | COM | 94106L109 | $9.6M | $41,965 | 3.0% |
| Freeport-Mcmoran Inc(FCX) | CL B | 35671D857 | $9.4M | $215,925 | 2.9% |
| Novavax Inc(NVAX) | COM NEW | 670002401 | $8.8M | $1,399,065 | 2.8% |
| Trilogy Metals Inc New(TMQ) | COM | 89621C105 | $8.3M | $6,152,500 | 2.6% |
| Celldex Therapeutics Inc New(CLDX) | COM NEW | 15117B202 | $7.6M | $371,427 | 2.4% |
| Newmont Corp(NEM) | COM | 651639106 | $7.3M | $124,609 | 2.3% |
| Middlesex WTR Co(MSEX) | COM | 596680108 | $6.1M | $111,720 | 1.9% |
| Coeur MNG Inc(CDE) | COM NEW | 192108504 | $5.8M | $656,125 | 1.8% |
| Barings Partn Invs(MPV) | SH BEN INT | 06761A103 | $5.7M | $285,515 | 1.8% |
| Warner Bros Discovery Inc(WBD) | COM SER A | 934423104 | $5.4M | $473,573 | 1.7% |
| Barings Global Short Duratio(BGH) | COM | 06760L100 | $5.1M | $329,773 | 1.6% |
| Western UN Co(WU) | COM | 959802109 | $3.7M | $440,343 | 1.2% |
| America Movil SAB de CV(AMX) | SPON ADS RP CL B | 02390A101 | $3.5M | $193,421 | 1.1% |
| Kayne Anderson Energy Infrst(KYN) | COM | 486606106 | $3.4M | $264,825 | 1.1% |
| Merck & Co Inc(MRK) | COM | 58933Y105 | $2.9M | $36,826 | 0.9% |
| Duke Energy Corp New(DUK) | COM NEW | 26441C204 | $2.1M | $17,600 | 0.7% |
| Hancock John PFD Income FD(HPI) | SH BEN INT | 41013W108 | $2.1M | $129,110 | 0.6% |
| Enbridge Inc(ENB) | COM | 29250N105 | $2.0M | $44,449 | 0.6% |
| Xperi Inc(XPER) | COMMON STOCK | 98423J101 | $1.9M | $244,138 | 0.6% |
| Barings Corporate Invs(MCI) | COM | 06759X107 | $1.9M | $86,411 | 0.6% |
| Pfizer Inc(PFE) | COM | 717081103 | $1.1M | $44,100 | 0.3% |
| Kimbell RTY Partners LP(KRP) | UNIT | 49435R102 | $947.2K | $67,850 | 0.3% |
| Bristol-Myers Squibb Co(BMY) | COM | 110122108 | $813.5K | $17,575 | 0.3% |
| Corning Inc(GLW) | COM | 219350105 | $788.9K | $15,000 | 0.2% |
| Cisco SYS Inc(CSCO) | COM | 17275R102 | $787.5K | $11,350 | 0.2% |
| Sandstorm Gold LTD(AYS1) | COM NEW | 80013R206 | $728.5K | $77,500 | 0.2% |
| Pitney Bowes Inc(PBI) | COM | 724479100 | $697.1K | $63,900 | 0.2% |
| Weyerhaeuser Co MTN BE(WY) | COM NEW | 962166104 | $336.8K | $13,111 | 0.1% |
| Conagra Brands Inc(CAG) | COM | 205887102 | $230.3K | $11,250 | 0.1% |
| Assertio Holdings Inc | COM NEW | 04546C205 | $203.2K | $316,875 | 0.1% |