Anthracite Investment Company, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Anthracite Investment Company, Inc. reported 63 stock positions worth $191.9 million. Its top holding was Rev (REVG) at 6.3% of the portfolio, followed by iShares MSCI Brazil ETF (EWZ, 4.9%) and Nexgen Energy (NXE, 4.8%). Compared with Q1 2025, it opened 18 new positions, sold out of 17, added to 17 and reduced 14. The biggest buy was a new position in iShares Bitcoin Trust ETF (IBIT) and the biggest sale Amplify Junior Silver Miners (SILJ, shares −74%).
- Most Recent 13F
- Q2 2026
- Location
- FORT WORTH, TX
- CIK
- 0001809930
- Portfolio Value
- $191.9M (Q2 2025)
- SEC Filing
- 0001085146-25-004374 ↗ filed Jul 31, 2025
Holdings Value
Holdings 63 stocks · $191.9M
| REVG Rev Group Inc. | 6.26% | 252,449 | $12.0M | Add +4.9% |
| EWZ iShares MSCI Brazil ETF | 4.92% | 327,000 | $9.4M | Reduce -24.9% |
| NXE Nexgen Energy Ltd. | 4.76% | 1,314,887 | $9.1M | No change |
| IBIT iShares Bitcoin Trust ETF | 4.59% | 143,900 | $8.8M | New |
| GDX Vaneck Gold Miners ETF | 4.15% | 153,000 | $8.0M | Reduce -4.2% |
| VST Vistra Corp. | 3.54% | 35,000 | $6.8M | Add +32.0% |
| CCJ Cameco Corp. | 3.48% | 90,000 | $6.7M | Reduce -6.8% |
| DAKT Daktronics Inc. | 3.48% | 441,214 | $6.7M | Add +17.4% |
| NRG NRG Energy Inc. | 3.45% | 41,200 | $6.6M | Add +37.3% |
| FLUT Flutter Entertainment PLC-Di | 2.98% | 20,000 | $5.7M | Reduce -9.1% |
| CASY Casey's General Stores Inc. | 2.95% | 11,100 | $5.7M | No change |
| PM Philip Morris International | 2.89% | 30,400 | $5.5M | Reduce -1.0% |
| SPOT Spotify Technology SA | 2.80% | 7,000 | $5.4M | Add +16.7% |
| ET Energy Transfer LP | 2.58% | 272,500 | $4.9M | Add +8.6% |
| MELI MercadoLibre Inc. | 2.49% | 1,829 | $4.8M | Add +19.6% |
| AEM Agnico Eagle Mines Ltd. | 2.48% | 40,000 | $4.8M | No change |
| TATT Tat Technologies Ltd. | 2.31% | 144,892 | $4.4M | Add +900.8% |
| GOOGL Alphabet Inc. Class A | 2.20% | 24,000 | $4.2M | Add +13.2% |
| DKNG Draftkings Inc. Class A | 2.19% | 98,000 | $4.2M | Reduce -17.6% |
| AZO AutoZone Inc. | 2.13% | 1,100 | $4.1M | Add +22.2% |
| WWD Woodward Inc. | 1.92% | 15,000 | $3.7M | New |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.67% | 10,000 | $3.2M | No change |
| GRND Grindr Inc. | 1.67% | 140,985 | $3.2M | No change |
| BTI British American Tob-SP ADR | 1.56% | 63,100 | $3.0M | No change |
| PCT Purecycle Technologies Inc. | 1.53% | 214,003 | $2.9M | New |
| TASEKO MINES LTD | 1.51% | 919,176 | $2.9M | Reduce -44.6% |
| WCN Waste Connections Inc. | 1.50% | 15,400 | $2.9M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 1.39% | 5,491 | $2.7M | Add +22.3% |
| AGI Alamos Gold Inc. Class A | 1.38% | 100,000 | $2.7M | Reduce -9.1% |
| KWEB Kranesh Csi China Internet | 1.33% | 74,500 | $2.6M | New |
| HEI Heico Corp. | 1.20% | 7,000 | $2.3M | No change |
| EWG iShares MSCI Germany ETF | 1.19% | 54,000 | $2.3M | New |
| PPLT Abrdn Physical Platinum SHRS | 1.09% | 17,000 | $2.1M | Add +6.3% |
| REAL The Realreal Inc. filed as THE REALREAL INC | 1.04% | 417,706 | $2.0M | Reduce -0.8% |
| PALL Abrdn Physical Palladium SHS | 1.00% | 19,000 | $1.9M | Add +18.8% |
| MSFT Microsoft Corp. | 0.94% | 3,636 | $1.8M | No change |
| VVV Valvoline Inc. | 0.93% | 47,000 | $1.8M | New |
| ASR Grupo Aeroportuario Sur-ADR | 0.84% | 7,000 | $1.6M | Add +55.6% |
| KGC Kinross Gold Corp. | 0.81% | 100,000 | $1.6M | Reduce -28.7% |
| MPLX MPLX LP | 0.81% | 30,000 | $1.5M | No change |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.79% | 109,942 | $1.5M | Add +83.4% |
| SILJ Amplify Junior Silver Miners | 0.77% | 100,000 | $1.5M | Reduce -74.4% |
| PAC Grupo Aeroportuario Pac-ADR | 0.75% | 4,500 | $1.4M | Reduce -35.7% |
| URG Ur-Energy Inc. | 0.73% | 1,328,680 | $1.4M | New |
| BSM Black Stone Minerals LP | 0.60% | 88,104 | $1.2M | No change |
| OMAB Grupo Aeroportuario Cen-ADR | 0.58% | 10,625 | $1.1M | No change |
| ARLP Alliance Resource Partners | 0.54% | 39,751 | $1.0M | No change |
| TGS Transportador Gas-ADR SP B | 0.49% | 36,500 | $945K | No change |
| GRFS Grifols SA-ADR | 0.41% | 86,688 | $784K | Reduce -82.9% |
| AMLP Alerian MLP ETF | 0.31% | 12,000 | $586K | Add +6.8% |
| URNM Sprott Uranium Miners ETF | 0.29% | 11,700 | $561K | New |
| COLO Global X MSCI Colombia ETF | 0.25% | 16,338 | $471K | New |
| EZU iShares MSCI Eurozone ETF | 0.24% | 7,800 | $464K | New |
| DLTR Dollar Tree Inc. | 0.21% | 4,000 | $396K | New |
| AM Antero Midstream Corp. | 0.20% | 20,000 | $379K | Reduce -33.3% |
| EIDO iShares MSCI Indonesia ETF | 0.18% | 20,000 | $353K | New |
| GLD SPDR Gold Shares | 0.17% | 1,050 | $320K | Add +5.0% |
| ASHR Xtrackers Harvest Csi 300 CH | 0.17% | 11,500 | $317K | New |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.09% | 25,000 | $181K | New |
| CIFR Cipher Digital Inc. | 0.08% | 34,000 | $163K | New |
| WULF Terawulf Inc. | 0.08% | 36,000 | $158K | New |
| MARA Mara Holdings Inc. | 0.08% | 10,000 | $157K | New |
| RIOT Riot Platforms Inc. | 0.08% | 13,700 | $155K | New |
Options reported separately and not counted above: SLV calls ($6.6M).
Portfolio Sells Q1 2025 → Q2 2025
| SILJ Amplify Junior Silver Miners | Reduce -74.4% | 0.77% | −2.19 |
| EWZ iShares MSCI Brazil ETF | Reduce -24.9% | 4.92% | −2.14 |
| GRFS Grifols SA-ADR | Reduce -82.9% | 0.41% | −1.85 |
| CPNG Coupang Inc. | Sold out | 0.00% | −1.82 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −1.79 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −1.68 |
| CCL Carnival Corp. | Sold out | 0.00% | −1.48 |
| RH RH | Sold out | 0.00% | −1.32 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −1.08 |
| FWRD Forward Air Corp. | Sold out | 0.00% | −1.03 |
| TASEKO MINES LTD | Reduce -44.6% | 1.51% | −0.82 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.71 |
| KBR KBR Inc. | Sold out | 0.00% | −0.67 |
| NRP Natural Resource Partners LP | Sold out | 0.00% | −0.57 |
| FLL Full House Resorts Inc. | Sold out | 0.00% | −0.52 |
| AGI Alamos Gold Inc. Class A | Reduce -9.1% | 1.38% | −0.46 |
| GDX Vaneck Gold Miners ETF | Reduce -4.2% | 4.15% | −0.45 |
| REAL The Realreal Inc. | Reduce -0.8% | 1.04% | −0.38 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.32 |
| CNR Core Natural Resources Inc. | Sold out | 0.00% | −0.32 |
| KGC Kinross Gold Corp. | Reduce -28.7% | 0.81% | −0.29 |
| DKNG Draftkings Inc. Class A | Reduce -17.6% | 2.19% | −0.28 |
| GDXJ Vaneck Junior Gold Miners | Sold out | 0.00% | −0.22 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.21 |
| PM Philip Morris International | Reduce -1.0% | 2.89% | −0.17 |
| AM Antero Midstream Corp. | Reduce -33.3% | 0.20% | −0.14 |
| WOW Wideopenwest Inc. | Sold out | 0.00% | −0.12 |
| VALE Vale SA-SP ADR | Sold out | 0.00% | −0.09 |
| FLUT Flutter Entertainment PLC-Di | Reduce -9.1% | 2.98% | −0.08 |
| PAC Grupo Aeroportuario Pac-ADR | Reduce -35.7% | 0.75% | −0.07 |
| CCJ Cameco Corp. | Reduce -6.8% | 3.48% | +0.99 |
Portfolio Buys Q1 2025 → Q2 2025
| IBIT iShares Bitcoin Trust ETF | New | 4.59% | +4.59 |
| TATT Tat Technologies Ltd. | Add +900.8% | 2.31% | +2.06 |
| WWD Woodward Inc. | New | 1.92% | +1.92 |
| NRG NRG Energy Inc. | Add +37.3% | 3.45% | +1.65 |
| VST Vistra Corp. | Add +32.0% | 3.54% | +1.58 |
| PCT Purecycle Technologies Inc. | New | 1.53% | +1.53 |
| REVG Rev Group Inc. | Add +4.9% | 6.26% | +1.50 |
| KWEB Kranesh Csi China Internet | New | 1.33% | +1.33 |
| EWG iShares MSCI Germany ETF | New | 1.19% | +1.19 |
| VVV Valvoline Inc. | New | 0.93% | +0.93 |
| SPOT Spotify Technology SA | Add +16.7% | 2.80% | +0.73 |
| URG Ur-Energy Inc. | New | 0.73% | +0.73 |
| MELI MercadoLibre Inc. | Add +19.6% | 2.49% | +0.62 |
| DAKT Daktronics Inc. | Add +17.4% | 3.48% | +0.61 |
| URNM Sprott Uranium Miners ETF | New | 0.29% | +0.29 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Add +83.4% | 0.79% | +0.27 |
| COLO Global X MSCI Colombia ETF | New | 0.25% | +0.25 |
| EZU iShares MSCI Eurozone ETF | New | 0.24% | +0.24 |
| DLTR Dollar Tree Inc. | New | 0.21% | +0.21 |
| EIDO iShares MSCI Indonesia ETF | New | 0.18% | +0.18 |
| PPLT Abrdn Physical Platinum SHRS | Add +6.3% | 1.09% | +0.17 |
| ASHR Xtrackers Harvest Csi 300 CH | New | 0.17% | +0.17 |
| GOOGL Alphabet Inc. Class A | Add +13.2% | 2.20% | +0.15 |
| SBSW Sibanye-Stillwater Ltd.-ADR | New | 0.09% | +0.09 |
| PALL Abrdn Physical Palladium SHS | Add +18.8% | 1.00% | +0.09 |
| CIFR Cipher Digital Inc. | New | 0.08% | +0.08 |
| WULF Terawulf Inc. | New | 0.08% | +0.08 |
| MARA Mara Holdings Inc. | New | 0.08% | +0.08 |
| RIOT Riot Platforms Inc. | New | 0.08% | +0.08 |
| ASR Grupo Aeroportuario Sur-ADR | Add +55.6% | 0.84% | +0.07 |
| GLD SPDR Gold Shares | Add +5.0% | 0.17% | −0.01 |
| AZO AutoZone Inc. | Add +22.2% | 2.13% | −0.02 |
| AMLP Alerian MLP ETF | Add +6.8% | 0.31% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +22.3% | 1.39% | −0.11 |
| ET Energy Transfer LP | Add +8.6% | 2.58% | −0.35 |
Options Activity Q1 2025 → Q2 2025
| SLV iShares Silver Trust | call | Reduce -66.7% | 200,000 | $6.6M |
| NKE Nike Inc. Class B | call | Sold out | 22,000 | $1.4Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 0 | $0 | |
| Q1 2026 | 0 | $0 | |
| Q4 2025 | 0 | $0 | |
| Q3 2025 | 0 | $0 | |
| Q2 2025 | 63 | $191.9M | REVG, EWZ, NXE, IBIT, GDX |
| Q1 2025 | 62 | $159.6M | EWZ, REVG, GDX, NXE, FLUT |
| Q4 2024 | 81 | $199.4M | NXE, REVG, TLT, REAL, CCJ |
| Q3 2024 | 79 | $211.4M | NXE, CPRI, KWEB, GDX, REVG |
| Q2 2024 | 75 | $188.0M | NXE, CCJ, GDX, MSOS, HCC |
| Q1 2024 | 93 | $198.5M | NXE, CCJ, HCC, MSOS, NRG |