Equinox Partners Investment Management LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 24, 2026), Equinox Partners Investment Management LLC reported 10 stock positions worth $240.0 million. Its top holding was Kosmos Energy (KOS) at 23.9% of the portfolio, followed by Gran Tierra Energy (GTE, 23.8%) and New Pacific Metals (NEWP, 11.6%). Compared with Q4 2025, it opened 1 new position, sold out of 2, added to 4 and reduced 4. The biggest buy was Kosmos Energy (KOS, shares +6%) and the biggest sale Integra Resources (ITRG, shares −59%).

Most Recent 13F
Q2 2026
Location
STAMFORD, CT
CIK
0000938552
Portfolio Value
$240.0M (Q1 2026)
SEC Filing
0000938552-26-000002 ↗ filed Apr 24, 2026

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 Q3 2025 Q4 2025: $186.2M Q4 2025 Q1 2026: $240.0M $240.0M Q1 2026 Q2 2026: $207.7M Q2 2026

Holdings 10 stocks · $240.0M
KOS Kosmos Energy Ltd. 23.95% 20,678,033 $57.5M Add +6.2%
GTE Gran Tierra Energy Inc. 23.85% 6,381,471 $57.2M No change
NEWP New Pacific Metals Corp. 11.57% 6,700,045 $27.8M Add +18.5%
GAU Galiano Gold Inc. 9.75% 9,357,961 $23.4M Reduce -32.4%
VIST Vista Energy Sab DE CV 9.49% 301,667 $22.8M Add +100.6%
YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA 8.99% 467,000 $21.6M New
PSLV Sprott Physical Silver Trust 3.91% 384,500 $9.4M Reduce -57.8%
VZLA Vizsla Silver Corp. 3.11% 2,250,800 $7.5M Reduce -35.6%
ITRG Integra Resources Corp. 2.71% 2,411,264 $6.5M Reduce -59.1%
PDS Precision Drilling Corp. 2.67% 65,211 $6.4M Add +116.6%
Other holdings (1): bonds, preferreds, convertibles and warrants · $5.4M (not counted above)
SecurityClassShares / PrincipalValueChange
IAUX.WS I-80 Gold Corp. -26 *W EXP 11/16/202 5,600,000$5.4MNo change

Total filed on the 13F, all lines: $245.4M.

Portfolio Sells Q4 2025 → Q1 2026
ITRG Integra Resources Corp. Reduce -59.1% 2.71% −10.01
GAU Galiano Gold Inc. Reduce -32.4% 9.75% −9.15
PSLV Sprott Physical Silver Trust Reduce -57.8% 3.91% −7.68
VZLA Vizsla Silver Corp. Reduce -35.6% 3.11% −7.18
EGO Eldorado Gold Corp. Sold out 0.00% −5.74
OSISKO DEVELOPMENT CORP Sold out 0.00% −1.04

Portfolio Buys Q4 2025 → Q1 2026
KOS Kosmos Energy Ltd. Add +6.2% 23.95% +14.46
YPF YPF S.A.-Sponsored ADR New 8.99% +8.99
VIST Vista Energy Sab DE CV Add +100.6% 9.49% +5.56
PDS Precision Drilling Corp. Add +116.6% 2.67% +1.51
NEWP New Pacific Metals Corp. Add +18.5% 11.57% +0.95

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