Equinox Partners Investment Management LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Equinox Partners Investment Management LLC reported 9 stock positions worth $175.9 million. Its top holding was Galiano Gold (GAU) at 21.2% of the portfolio, followed by Kosmos Energy (KOS, 18.3%) and Gran Tierra Energy (GTE, 13.8%). Compared with Q1 2025, it opened 1 new position, added to 2 and reduced 2. The biggest buy was a new position in I-80 Gold (IAUX) and the biggest sale Galiano Gold (GAU, shares −6%).

Most Recent 13F
Q2 2026
Location
STAMFORD, CT
CIK
0000938552
Portfolio Value
$175.9M (Q2 2025)
SEC Filing
0001848809-25-000004 ↗ filed Aug 14, 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 Q4 2024 Q1 2025: $162.6M Q1 2025 Q2 2025: $175.9M $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 · $175.9M
GAU Galiano Gold Inc. 21.18% 29,322,506 $37.3M Reduce -5.7%
KOS Kosmos Energy Ltd. 18.25% 18,671,480 $32.1M Add +1.5%
GTE Gran Tierra Energy Inc. 13.82% 5,097,688 $24.3M Add +37.2%
EGO Eldorado Gold Corp. 12.89% 1,114,810 $22.7M No change
PSLV Sprott Physical Silver Trust 10.25% 1,473,000 $18.0M No change
VZLA Vizsla Silver Corp. 10.05% 5,991,600 $17.7M No change
ITRG Integra Resources Corp. 7.67% 8,918,051 $13.5M Reduce -9.2%
IAUX I-80 Gold Corp. 3.93% 11,200,000 $6.9M New
OSISKO DEVELOPMENT CORP 1.96% 1,606,335 $3.4M No change

Portfolio Sells Q1 2025 → Q2 2025
GAU Galiano Gold Inc. Reduce -5.7% 21.18% −2.33
ITRG Integra Resources Corp. Reduce -9.2% 7.67% +0.15

Portfolio Buys Q1 2025 → Q2 2025
IAUX I-80 Gold Corp. New 3.93% +3.93
GTE Gran Tierra Energy Inc. Add +37.2% 13.82% +2.56
KOS Kosmos Energy Ltd. Add +1.5% 18.25% −7.53

Options Activity Q1 2025 → Q2 2025
KOSMOS ENERGY LTD put Sold out 5,204,800 $11.9Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

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