Gemsstock Ltd.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Gemsstock Ltd. reported 13 stock positions worth $307.5 million. Its top holding was Vaneck Gold Miners ETF (GDX) at 18.8% of the portfolio, followed by Vista Energy Sab DE CV (VIST, 14.8%) and JSC Kaspi.kz ADR (KSPI, 11.1%). Compared with Q1 2026, it opened 4 new positions, sold out of 19, added to 4 and reduced 4. The biggest buy was Vaneck Gold Miners ETF (GDX, shares +276%) and the biggest sale Equinox Gold (EQX, shares −77%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001724140
- Portfolio Value
- $307.5M (Q2 2026)
- SEC Filing
- 0001724140-26-000014 ↗ filed Aug 14, 2026
Holdings Value
Holdings 13 stocks · $307.5M
| GDX Vaneck Gold Miners ETF | 18.83% | 767,100 | $57.9M | Add +275.9% |
| VIST Vista Energy Sab DE CV | 14.80% | 713,004 | $45.5M | Add +6.4% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 11.12% | 394,491 | $34.2M | Reduce -22.5% |
| GPOR Gulfport Energy Corp. | 7.72% | 139,899 | $23.7M | Reduce -72.5% |
| BMA Banco Macro SA-ADR | 7.17% | 237,969 | $22.0M | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 6.44% | 1,481,697 | $19.8M | Add +13.7% |
| ITUB Itau Unibanco H-Spon PRF ADR | 6.16% | 2,316,513 | $18.9M | Reduce -3.8% |
| EQX Equinox Gold Corp. | 6.01% | 1,900,000 | $18.5M | Reduce -77.1% |
| MELI MercadoLibre Inc. | 5.98% | 10,830 | $18.4M | No change |
| PBR Petroleo Brasileiro-Spon ADR | 4.93% | 937,800 | $15.2M | New |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 4.70% | 317,699 | $14.4M | New |
| EGO Eldorado Gold Corp. | 3.64% | 360,000 | $11.2M | Add +14.2% |
| CAAP Corp. America Airports SA filed as CORPORACION AMER ARPTS S A | 2.53% | 308,364 | $7.8M | New |
Portfolio Sells Q1 2026 → Q2 2026
| EQX Equinox Gold Corp. | Reduce -77.1% | 6.01% | −6.62 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −6.35 |
| B Barrick Mining Corp. | Sold out | 0.00% | −5.86 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −5.07 |
| EQT Eqt Corp. | Sold out | 0.00% | −4.94 |
| AR Antero Resources Corp. | Sold out | 0.00% | −4.44 |
| NEM Newmont Corp. | Sold out | 0.00% | −4.26 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −3.96 |
| GPOR Gulfport Energy Corp. | Reduce -72.5% | 7.72% | −3.61 |
| UBS UBS Group AG-Reg | Sold out | 0.00% | −2.55 |
| GGAL Grupo Financiero Galicia-ADR | Sold out | 0.00% | −2.33 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −2.27 |
| DB Deutsche Bank AG-Registered | Sold out | 0.00% | −2.18 |
| VALE Vale SA-SP ADR | Sold out | 0.00% | −2.13 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −2.02 |
| CRM Salesforce Inc. | Sold out | 0.00% | −1.98 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −1.97 |
| COPX Global X Copper Miners ETF | Sold out | 0.00% | −1.94 |
| CRK Comstock Resources Inc. | Sold out | 0.00% | −1.81 |
| SLV iShares Silver Trust | Sold out | 0.00% | −1.44 |
| TUR iShares MSCI Turkey ETF | Sold out | 0.00% | −0.05 |
| ITUB Itau Unibanco H-Spon PRF ADR | Reduce -3.8% | 6.16% | +4.03 |
| KSPI JSC Kaspi.kz ADR | Reduce -22.5% | 11.12% | +7.14 |
Portfolio Buys Q1 2026 → Q2 2026
| GDX Vaneck Gold Miners ETF | Add +275.9% | 18.83% | +16.85 |
| VIST Vista Energy Sab DE CV | Add +6.4% | 14.80% | +9.46 |
| BMA Banco Macro SA-ADR | New | 7.17% | +7.17 |
| PBR Petroleo Brasileiro-Spon ADR | New | 4.93% | +4.93 |
| YPF YPF S.A.-Sponsored ADR | New | 4.70% | +4.70 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +13.7% | 6.44% | +4.46 |
| CAAP Corp. America Airports SA | New | 2.53% | +2.53 |
| EGO Eldorado Gold Corp. | Add +14.2% | 3.64% | +2.50 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 13 | $307.5M | GDX, VIST, KSPI, GPOR, BMA |
| Q1 2026 | 28 | $948.8M | EQX, GPOR, AMZN, B, VIST |
| Q4 2025 | 22 | $793.4M | EQX, GPOR, SOXX, QQQ, AMZN |
| Q3 2025 | 15 | $486.1M | EEM, EQX, EQT, GDXJ, NEM |
| Q2 2025 | 17 | $560.9M | EEM, EWZ, EQX, DB, KSPI |
| Q1 2025 | 18 | $265.4M | KSPI, EQX, GGAL, TECK, BMA |
| Q4 2024 | 16 | $483.2M | QQQ, RSP, GOOG, AMZN, NU |
| Q3 2024 | 9 | $206.8M | QQQ, AMZN, B, NEM, GOOG |
| Q2 2024 | 13 | $313.7M | AMZN, TECK, GOOG, AVGO, TSM |
| Q1 2024 | 13 | $265.0M | TECK, NU, GOOG, AVGO, JPM |