Equinox Partners Investment Management LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 4, 2025), Equinox Partners Investment Management LLC reported 9 stock positions worth $147.0 million. Its top holding was Galiano Gold (GAU) at 27.8% of the portfolio, followed by Kosmos Energy (KOS, 26.6%) and Gran Tierra Energy (GTE, 16.7%). Compared with Q3 2024, it opened 1 new position, sold out of 1, added to 3 and reduced 2. The biggest buy was Gran Tierra Energy (GTE, shares +64%) and the biggest sale an exit from B2GOLD (BTG).

Most Recent 13F
Q2 2026
Location
STAMFORD, CT
CIK
0000938552
Portfolio Value
$147.0M (Q4 2024)
SEC Filing
0000938552-25-000001 ↗ filed Feb 4, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $123.1M Q1 2024 Q2 2024: $155.3M Q2 2024 Q3 2024: $145.6M Q3 2024 Q4 2024: $147.0M $147.0M Q4 2024 Q1 2025: $162.6M Q1 2025 Q2 2025: $175.9M Q2 2025 Q3 2025: $185.2M Q3 2025 Q4 2025: $186.2M Q4 2025 Q1 2026: $240.0M Q1 2026 Q2 2026: $207.7M Q2 2026

Holdings 9 stocks · $147.0M
GAU Galiano Gold Inc. 27.75% 32,782,506 $40.8M Reduce -0.3%
KOS Kosmos Energy Ltd. 26.57% 11,421,895 $39.1M Add +39.2%
GTE Gran Tierra Energy Inc. 16.67% 3,390,114 $24.5M Add +63.6%
EGO Eldorado Gold Corp. 9.61% 949,810 $14.1M Reduce -4.0%
VZLA Vizsla Silver Corp. 6.89% 5,991,600 $10.1M No change
ITRG Integra Resources Corp. 5.39% 9,190,138 $7.9M Add +4.4%
PSLV Sprott Physical Silver Trust 3.53% 538,000 $5.2M New
PHYS Sprott Physical Gold Trust 1.80% 131,673 $2.7M No change
OSISKO DEVELOPMENT CORP 1.79% 1,606,335 $2.6M No change

Portfolio Sells Q3 2024 → Q4 2024
BTG B2GOLD Corp. Sold out 0.00% −6.34
GAU Galiano Gold Inc. Reduce -0.3% 27.75% −4.48
EGO Eldorado Gold Corp. Reduce -4.0% 9.61% −2.20

Portfolio Buys Q3 2024 → Q4 2024
GTE Gran Tierra Energy Inc. Add +63.6% 16.67% +7.75
KOS Kosmos Energy Ltd. Add +39.2% 26.57% +3.86
PSLV Sprott Physical Silver Trust New 3.53% +3.53
ITRG Integra Resources Corp. Add +4.4% 5.39% −0.51

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 11$207.7MKOS, GTE, YPF, BTG, VIST
Q1 2026 10$240.0MKOS, GTE, NEWP, GAU, VIST
Q4 2025 11$186.2MGAU, GTE, ITRG, PSLV, NEWP
Q3 2025 9$185.2MGAU, KOS, VZLA, PSLV, GTE
Q2 2025 9$175.9MGAU, KOS, GTE, EGO, PSLV
Q1 2025 8$162.6MKOS, GAU, EGO, GTE, PSLV
Q4 2024 9$147.0MGAU, KOS, GTE, EGO, VZLA
Q3 2024 9$145.6MGAU, KOS, EGO, GTE, VZLA
Q2 2024 9$155.3MGAU, KOS, BTG, EGO, VZLA
Q1 2024 8$123.1MGAU, KOS, BTG, EGO, VZLA