Equinox Partners Investment Management LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Equinox Partners Investment Management LLC reported 9 stock positions worth $185.2 million. Its top holding was Galiano Gold (GAU) at 18.5% of the portfolio, followed by Kosmos Energy (KOS, 15.9%) and Vizsla Silver (VZLA, 14.0%). Compared with Q2 2025, it opened 1 new position, sold out of 1 and reduced 4. The biggest buy was a new position in New Pacific Metals (NEWP) and the biggest sale an exit from I-80 Gold (IAUX).

Most Recent 13F
Q2 2026
Location
STAMFORD, CT
CIK
0000938552
Portfolio Value
$185.2M (Q3 2025)
SEC Filing
0000938552-25-000008 ↗ filed Nov 13, 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 Q2 2025 Q3 2025: $185.2M $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 · $185.2M
GAU Galiano Gold Inc. 18.49% 15,707,058 $34.3M Reduce -46.4%
KOS Kosmos Energy Ltd. 15.93% 17,780,480 $29.5M Reduce -4.8%
VZLA Vizsla Silver Corp. 13.97% 5,991,600 $25.9M No change
PSLV Sprott Physical Silver Trust 12.49% 1,473,000 $23.1M No change
GTE Gran Tierra Energy Inc. 11.97% 5,097,688 $22.2M No change
EGO Eldorado Gold Corp. 10.18% 652,546 $18.9M Reduce -41.5%
ITRG Integra Resources Corp. 9.88% 6,274,647 $18.3M Reduce -29.6%
NEWP New Pacific Metals Corp. 4.12% 2,826,669 $7.6M New
OSISKO DEVELOPMENT CORP 2.97% 1,606,335 $5.5M No change

Portfolio Sells Q2 2025 → Q3 2025
IAUX I-80 Gold Corp. Sold out 0.00% −3.93
EGO Eldorado Gold Corp. Reduce -41.5% 10.18% −2.71
GAU Galiano Gold Inc. Reduce -46.4% 18.49% −2.69
KOS Kosmos Energy Ltd. Reduce -4.8% 15.93% −2.32
ITRG Integra Resources Corp. Reduce -29.6% 9.88% +2.21

Portfolio Buys Q2 2025 → Q3 2025
NEWP New Pacific Metals Corp. New 4.12% +4.12

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