Global Strategic Management Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Global Strategic Management Inc. reported 25 stock positions worth $120.4 million. Its top holding was Franco-Nevada (FNV) at 15.6% of the portfolio, followed by Metalla Royalty & Streaming (MTA, 12.7%) and Agnico Eagle Mines (AEM, 11.5%). Compared with Q4 2025, it opened 4 new positions, sold out of 6, added to 7 and reduced 13. The biggest buy was a new position in Dakota Gold and the biggest sale an exit from Dakota Gold.
- Most Recent 13F
- Q2 2026
- Location
- SAN JUAN, PR
- CIK
- 0001413303
- Portfolio Value
- $120.4M (Q1 2026)
- SEC Filing
- 0001413303-26-000002 ↗ filed May 13, 2026
Holdings Value
Holdings 25 stocks · $120.4M
| FNV Franco-Nevada Corp. | 15.63% | 76,216 | $18.8M | Reduce -3.1% |
| MTA Metalla Royalty & Streaming | 12.71% | 2,319,749 | $15.3M | Add +11.4% |
| AEM Agnico Eagle Mines Ltd. | 11.51% | 68,270 | $13.9M | Reduce -2.3% |
| TFPM Triple Flag Precious Met | 8.72% | 302,378 | $10.5M | Reduce -6.5% |
| FSM Fortuna Mining Corp. | 8.02% | 977,049 | $9.7M | Add +3.8% |
| PAAS Pan American Silver Corp. | 6.72% | 148,284 | $8.1M | Reduce -3.7% |
| OR Or Royalties Inc. | 6.68% | 211,502 | $8.0M | Reduce -6.4% |
| RGLD Royal Gold Inc. | 4.69% | 22,221 | $5.6M | Reduce -7.2% |
| WPM Wheaton Precious Metals Corp. | 3.95% | 36,349 | $4.8M | Reduce -7.7% |
| ELE Elemental Royalty Corp. | 3.89% | 247,719 | $4.7M | Reduce -11.9% |
| B Barrick Mining Corp. | 2.49% | 73,534 | $3.0M | Reduce -41.3% |
| DAKOTA GOLD CORP | 2.30% | 555,084 | $2.8M | New |
| EQX Equinox Gold Corp. | 2.10% | 175,178 | $2.5M | Add +28.2% |
| BTG B2GOLD Corp. | 2.05% | 547,164 | $2.5M | Add +3.4% |
| ARCC Ares Capital Corp. | 1.54% | 103,112 | $1.9M | Reduce -5.6% |
| PSLV Sprott Physical Silver Trust | 1.53% | 75,500 | $1.8M | No change |
| ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW | 1.04% | 78,300 | $1.3M | Reduce -19.0% |
| LAND Gladstone Land Corp. | 1.03% | 121,720 | $1.2M | Reduce -21.6% |
| WRN Western Copper and Gold Corp. | 0.92% | 439,200 | $1.1M | Add +35.0% |
| DEO Diageo PLC-Sponsored ADR | 0.63% | 10,200 | $759K | New |
| GBDC Golub Capital BDC Inc. | 0.54% | 50,700 | $645K | Add +69.6% |
| CAG Conagra Brands Inc. | 0.49% | 37,500 | $589K | Add +41.5% |
| IE Ivanhoe Electric Inc. / US | 0.41% | 41,638 | $491K | Reduce -32.5% |
| VMET Versamet Royalties Corp. | 0.26% | 33,500 | $316K | New |
| IAUX I-80 Gold Corp. | 0.15% | 120,000 | $181K | New |
Portfolio Sells Q4 2025 → Q1 2026
| DAKOTA GOLD CORP | Sold out | 0.00% | −2.58 |
| B Barrick Mining Corp. | Reduce -41.3% | 2.49% | −2.07 |
| DMLP Dorchester Minerals LP | Sold out | 0.00% | −0.54 |
| GAIN Gladstone Investment Corp. | Sold out | 0.00% | −0.45 |
| ERO Ero Copper Corp. | Sold out | 0.00% | −0.44 |
| IE Ivanhoe Electric Inc. / US | Reduce -32.5% | 0.41% | −0.41 |
| PTON Peloton Interactive Inc. Class A | Sold out | 0.00% | −0.41 |
| ARCC Ares Capital Corp. | Reduce -5.6% | 1.54% | −0.31 |
| SEG Seaport Entertainment Group | Sold out | 0.00% | −0.28 |
| TFPM Triple Flag Precious Met | Reduce -6.5% | 8.72% | −0.23 |
| LAND Gladstone Land Corp. | Reduce -21.6% | 1.03% | −0.16 |
| ELE Elemental Royalty Corp. | Reduce -11.9% | 3.89% | −0.07 |
| ORLA Orla Mining Ltd. | Reduce -19.0% | 1.04% | −0.04 |
| OR Or Royalties Inc. | Reduce -6.4% | 6.68% | −0.03 |
| PAAS Pan American Silver Corp. | Reduce -3.7% | 6.72% | +0.07 |
| WPM Wheaton Precious Metals Corp. | Reduce -7.7% | 3.95% | +0.08 |
| RGLD Royal Gold Inc. | Reduce -7.2% | 4.69% | +0.25 |
| AEM Agnico Eagle Mines Ltd. | Reduce -2.3% | 11.51% | +1.59 |
| FNV Franco-Nevada Corp. | Reduce -3.1% | 15.63% | +2.05 |
Portfolio Buys Q4 2025 → Q1 2026
| DAKOTA GOLD CORP | New | 2.30% | +2.30 |
| DEO Diageo PLC-Sponsored ADR | New | 0.63% | +0.63 |
| EQX Equinox Gold Corp. | Add +28.2% | 2.10% | +0.49 |
| FSM Fortuna Mining Corp. | Add +3.8% | 8.02% | +0.32 |
| VMET Versamet Royalties Corp. | New | 0.26% | +0.26 |
| GBDC Golub Capital BDC Inc. | Add +69.6% | 0.54% | +0.20 |
| WRN Western Copper and Gold Corp. | Add +35.0% | 0.92% | +0.20 |
| IAUX I-80 Gold Corp. | New | 0.15% | +0.15 |
| CAG Conagra Brands Inc. | Add +41.5% | 0.49% | +0.10 |
| BTG B2GOLD Corp. | Add +3.4% | 2.05% | +0.06 |
| MTA Metalla Royalty & Streaming | Add +11.4% | 12.71% | −0.78 |