Q2 2025 Holdings
Filed 2025-08-14 | 50 holdings | $301.3M | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Spdr Gold TR(GLD)Call | GOLD SHS | 78463V107 | $43.8M | 143,800 | 14.5% |
| MGM Resorts International(MGM) | COM | 552953101 | $24.0M | 697,537 | 8.0% |
| I-80 Gold Corp(IAUX) | COM | 44955L106 | $15.6M | 26,000,000 | 5.2% |
| Seadrill LTD(SDRL) | COM | G7997W102 | $13.7M | 520,002 | 4.5% |
| Vaneck ETF Trust(GDX) | GOLD MINERS ETF | 92189F106 | $12.5M | 239,795 | 4.1% |
| Beazer Homes USA Inc(BZH) | COM NEW | 07556Q881 | $11.3M | 503,966 | 3.7% |
| Antero Resources Corp(AR) | COM | 03674X106 | $11.3M | 279,508 | 3.7% |
| Nexgen Energy LTD(NXE) | COM | 65340P106 | $10.9M | 1,564,848 | 3.6% |
| Spdr Gold TR(GLD) | GOLD SHS | 78463V107 | $9.9M | 32,367 | 3.3% |
| Hudbay Minerals Inc(HBM) | COM | 443628102 | $9.7M | 912,730 | 3.2% |
| New Gold Inc CDA(NGD) | COM | 644535106 | $9.5M | 1,915,282 | 3.1% |
| Ishares Silver TR(SLV)Call | ISHARES | 46428Q109 | $9.5M | 288,700 | 3.1% |
| Roman Dbdr Acquisition Corp | ORD SHS CL A | G7633M104 | $7.2M | 700,498 | 2.4% |
| Caleres Inc(CAL) | COM | 129500104 | $7.1M | 582,756 | 2.4% |
| Coeur MNG Inc(CDE) | COM NEW | 192108504 | $6.5M | 734,642 | 2.2% |
| Shoe Carnival Inc(SCVL) | COM | 824889109 | $6.2M | 331,103 | 2.1% |
| Sprott Physical Silver TR(PSLV/U) | TR UNIT | 85207K107 | $5.9M | 479,721 | 1.9% |
| Vaneck ETF Trust(GDXJ) | JUNIOR GOLD MINE | 92189F791 | $5.8M | 86,315 | 1.9% |
| Hallador Energy Company(HNRG) | COM | 40609P105 | $5.7M | 362,531 | 1.9% |
| Sprott Physical Plat Pallad(SPPP) | UNIT | 85207Q104 | $5.2M | 444,923 | 1.7% |
| Greenfire RES LTD New(GFR) | COM SHS | 39525U107 | $5.2M | 1,161,725 | 1.7% |
| Amplify ETF TR(SILJ) | AMPLIFY JUNIOR S | 032108649 | $5.1M | 345,605 | 1.7% |
| Coterra Energy Inc(CTRA) | COM | 127097103 | $5.1M | 201,217 | 1.7% |
| Century Casinos Inc(CNTY) | COM | 156492100 | $5.0M | 2,361,793 | 1.7% |
| Acres Commercial Realty Corp(ACR) | COM NEW | 00489Q102 | $4.6M | 254,797 | 1.5% |
| Citigroup Inc(C) | COM NEW | 172967424 | $4.6M | 53,577 | 1.5% |
| AST Spacemobile Inc(ASTS)Put | COM CL A | 00217D100 | $4.4M | 94,400 | 1.5% |
| Vizsla Silver Corp(VZLA) | COM NEW | 92859G608 | $3.4M | 1,143,852 | 1.1% |
| KKR Real Estate FIN TR Inc(KREF) | COM | 48251K100 | $3.0M | 340,393 | 1.0% |
| Mach Natural Resources LP(MNR) | COM UNIT LTD PAR | 55445L100 | $2.9M | 202,053 | 1.0% |
| TPG RE FIN TR Inc(TRTX) | COM | 87266M107 | $2.8M | 359,574 | 0.9% |
| Agnico Eagle Mines LTD(AEM) | COM | 008474108 | $2.5M | 21,220 | 0.8% |
| MAG Silver Corp(MQ8) | COM | 55903Q104 | $2.3M | 110,513 | 0.8% |
| Frequency Electrs Inc(FEIM) | COM | 358010106 | $2.2M | 96,009 | 0.7% |
| EOS Energy Enterprises Inc(EOSE)Put | COM CL A | 29415C101 | $2.1M | 405,300 | 0.7% |
| Sable Offshore Corp(SOC) | COM SHS | 78574H104 | $1.8M | 83,005 | 0.6% |
| Vaneck ETF Trust(GDX)Call | GOLD MINERS ETF | 92189F106 | $1.7M | 32,800 | 0.6% |
| Maui LD & Pineapple Inc(MLP) | COM | 577345101 | $1.7M | 91,270 | 0.6% |
| Kimbell RTY Partners LP(KRP) | UNIT | 49435R102 | $1.5M | 109,470 | 0.5% |
| Alamos Gold Inc New(AGI) | COM CL A | 011532108 | $1.4M | 52,780 | 0.5% |
| TXO Partners LP(TXO) | COM UNIT | 87313P103 | $1.4M | 91,119 | 0.5% |
| Cadiz Inc(CDZI) | COM NEW | 127537207 | $1.2M | 405,000 | 0.4% |
| Crescent Energy Company(CRGY) | CL A COM | 44952J104 | $1.2M | 136,703 | 0.4% |
| Centerra Gold Inc(CGAU) | COM | 152006102 | $1.0M | 141,783 | 0.3% |
| AST Spacemobile Inc(ASTS)Call | COM CL A | 00217D100 | $887.9K | 19,000 | 0.3% |
| Perpetua Resources Corp(PPTA) | COM | 714266103 | $753.1K | 62,033 | 0.3% |
| Equinox Gold Corp(EQX) | COM | 29446Y502 | $301.1K | 52,360 | 0.1% |
| Roman Dbdr Acquisition Corp | *W EXP 10/31/203 | G7633M112 | $187.2K | 374,299 | 0.1% |
| Amplify ETF TR(SILJ)Call | AMPLIFY JUNIOR S | 032108649 | $31.1K | 2,100 | 0.0% |
| Mobix Labs Inc | *W EXP 99/99/999 | 60743G118 | $3.0K | 30,093 | 0.0% |