Guild Investment Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 23, 2025), Guild Investment Management, Inc. reported 44 stock positions worth $115.1 million. Its top holding was Sprott Physical Gold Trust (PHYS) at 8.0% of the portfolio, followed by Global X 1-3 Month T-Bill (CLIP, 6.9%) and Nvidia (NVDA, 6.8%). Compared with Q1 2025, it opened 7 new positions, sold out of 6, added to 15 and reduced 12. The biggest buy was a new position in Merck (MRK) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −22%).
- Most Recent 13F
- Q2 2026
- Location
- WESTLAKE VILLAGE, CA
- CIK
- 0001317802
- Portfolio Value
- $115.1M (Q2 2025)
- SEC Filing
- 0001085146-25-004099 ↗ filed Jul 23, 2025
Holdings Value
Holdings 44 stocks · $115.1M
| PHYS Sprott Physical Gold Trust | 8.00% | 363,455 | $9.2M | Reduce -5.6% |
| CLIP Global X 1-3 Month T-Bill | 6.89% | 78,960 | $7.9M | Add +3.3% |
| NVDA Nvidia Corp. | 6.77% | 49,341 | $7.8M | Reduce -10.7% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 6.70% | 84,047 | $7.7M | Reduce -21.9% |
| GBTC Grayscale Bitcoin Trust ETF | 4.96% | 67,300 | $5.7M | Reduce -0.3% |
| DELL Dell Technologies -C | 4.61% | 43,299 | $5.3M | Add +49.4% |
| GLIN Vaneck India Growth Leaders | 4.30% | 102,669 | $4.9M | Add +0.9% |
| PFEB Innovator U.S. Equity Power | 4.11% | 124,345 | $4.7M | Add +203.3% |
| OUNZ Vaneck Merk Gold ETF | 3.95% | 142,420 | $4.5M | Add +0.6% |
| SCHD Schwab US DVD Equity ETF | 3.29% | 143,110 | $3.8M | Add +45.6% |
| MRK Merck & Co. Inc. | 2.76% | 39,760 | $3.2M | New |
| MSFT Microsoft Corp. | 2.60% | 6,023 | $3.0M | No change |
| ORCL Oracle Corp. | 2.60% | 13,678 | $3.0M | Add +0.0% |
| AAPL Apple Inc. | 2.57% | 14,425 | $3.0M | Reduce -6.4% |
| GDX Vaneck Gold Miners ETF | 2.55% | 56,419 | $2.9M | Add +4.2% |
| GOOG Alphabet Inc. Class C | 2.47% | 16,038 | $2.8M | Add +0.5% |
| QCOM Qualcomm Inc. | 2.39% | 17,264 | $2.7M | Add +20.7% |
| FBTC Fidelity Wise Origin Bitcoin | 2.36% | 28,947 | $2.7M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 2.22% | 36,995 | $2.6M | Add +20.7% |
| MLPA Global X MLP ETF | 2.20% | 50,410 | $2.5M | Reduce -2.3% |
| LLY Eli Lilly & Co. | 2.13% | 3,151 | $2.5M | Reduce -2.8% |
| AM Antero Midstream Corp. | 2.02% | 122,990 | $2.3M | Reduce -0.2% |
| BLDR Builders Firstsource Inc. | 2.02% | 19,891 | $2.3M | Add +23.8% |
| GNRC Generac Holdings Inc. | 1.66% | 13,380 | $1.9M | New |
| VTIP Vanguard Short-Term Tips | 1.46% | 33,320 | $1.7M | No change |
| NEE Nextera Energy Inc. | 1.35% | 22,340 | $1.6M | Add +72.4% |
| AVGO Broadcom Inc. | 1.34% | 5,600 | $1.5M | No change |
| GOOGL Alphabet Inc. Class A | 1.30% | 8,466 | $1.5M | No change |
| ETOR Etoro Group Ltd. Class A | 1.28% | 22,050 | $1.5M | New |
| PINS Pinterest Inc. Class A | 1.09% | 34,955 | $1.3M | Add +47.5% |
| MRVL Marvell Technology Inc. | 0.97% | 14,455 | $1.1M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.73% | 1,368 | $845K | New |
| SNOV FT Vest US Small Cap Moderat | 0.66% | 33,040 | $763K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.65% | 1,546 | $751K | Reduce -0.3% |
| PFXF Vaneck Pref Sec X-Financials | 0.61% | 41,180 | $705K | Reduce -3.5% |
| BTC Grayscale Bitcoin Mini ETF | 0.59% | 14,292 | $682K | Add +6.4% |
| HD Home Depot Inc. | 0.37% | 1,160 | $425K | No change |
| SGOV iShares 0-3 Month Treasury B | 0.34% | 3,900 | $393K | No change |
| SILJ Amplify Junior Silver Miners | 0.31% | 23,850 | $353K | No change |
| FCAL First Trust California Munic | 0.25% | 6,000 | $288K | No change |
| HON Honeywell International Inc. | 0.25% | 1,216 | $283K | Reduce -0.4% |
| AMGN Amgen Inc. | 0.18% | 762 | $213K | No change |
| PSLV Sprott Physical Silver Trust | 0.11% | 10,500 | $129K | No change |
| TRX TRX Gold Corp. | 0.02% | 66,900 | $22K | Reduce -5.1% |
Portfolio Sells Q1 2025 → Q2 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -21.9% | 6.70% | −3.67 |
| FEP First Trust Europe | Sold out | 0.00% | −2.49 |
| CEF Sprott Physical Gold and Sil | Sold out | 0.00% | −2.44 |
| PHYS Sprott Physical Gold Trust | Reduce -5.6% | 8.00% | −1.73 |
| AAPL Apple Inc. | Reduce -6.4% | 2.57% | −1.03 |
| ARCC Ares Capital Corp. | Sold out | 0.00% | −0.81 |
| MLPA Global X MLP ETF | Reduce -2.3% | 2.20% | −0.69 |
| LLY Eli Lilly & Co. | Reduce -2.8% | 2.13% | −0.68 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.42 |
| AM Antero Midstream Corp. | Reduce -0.2% | 2.02% | −0.31 |
| PUMP Propetro Holding Corp. | Sold out | 0.00% | −0.23 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 0.65% | −0.21 |
| NXST Nexstar Media Group Inc. | Sold out | 0.00% | −0.21 |
| PFXF Vaneck Pref Sec X-Financials | Reduce -3.5% | 0.61% | −0.14 |
| HON Honeywell International Inc. | Reduce -0.4% | 0.25% | −0.03 |
| TRX TRX Gold Corp. | Reduce -5.1% | 0.02% | −0.00 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -0.3% | 4.96% | +0.34 |
| NVDA Nvidia Corp. | Reduce -10.7% | 6.77% | +0.48 |
Portfolio Buys Q1 2025 → Q2 2025
| MRK Merck & Co. Inc. | New | 2.76% | +2.76 |
| PFEB Innovator U.S. Equity Power | Add +203.3% | 4.11% | +2.56 |
| FBTC Fidelity Wise Origin Bitcoin | New | 2.36% | +2.36 |
| DELL Dell Technologies -C | Add +49.4% | 4.61% | +1.84 |
| GNRC Generac Holdings Inc. | New | 1.66% | +1.66 |
| ETOR Etoro Group Ltd. Class A | New | 1.28% | +1.28 |
| MRVL Marvell Technology Inc. | New | 0.97% | +0.97 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.73% | +0.73 |
| SNOV FT Vest US Small Cap Moderat | New | 0.66% | +0.66 |
| ORCL Oracle Corp. | Add +0.0% | 2.60% | +0.59 |
| SCHD Schwab US DVD Equity ETF | Add +45.6% | 3.29% | +0.41 |
| NEE Nextera Energy Inc. | Add +72.4% | 1.35% | +0.38 |
| PINS Pinterest Inc. Class A | Add +47.5% | 1.09% | +0.32 |
| QCOM Qualcomm Inc. | Add +20.7% | 2.39% | +0.08 |
| BTC Grayscale Bitcoin Mini ETF | Add +6.4% | 0.59% | +0.08 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +20.7% | 2.22% | −0.05 |
| GDX Vaneck Gold Miners ETF | Add +4.2% | 2.55% | −0.06 |
| BLDR Builders Firstsource Inc. | Add +23.8% | 2.02% | −0.09 |
| GOOG Alphabet Inc. Class C | Add +0.5% | 2.47% | −0.15 |
| GLIN Vaneck India Growth Leaders | Add +0.9% | 4.30% | −0.29 |
| OUNZ Vaneck Merk Gold ETF | Add +0.6% | 3.95% | −0.54 |
| CLIP Global X 1-3 Month T-Bill | Add +3.3% | 6.89% | −1.18 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 59 | $146.4M | CLIP, PHYS, BIL, VTIP, NVDA |
| Q1 2026 | 47 | $140.0M | VTIP, CLIP, PHYS, BIL, NVDA |
| Q4 2025 | 49 | $134.9M | PHYS, CLIP, BIL, NVDA, VTIP |
| Q3 2025 | 50 | $126.0M | PHYS, CLIP, BIL, NVDA, DELL |
| Q2 2025 | 44 | $115.1M | PHYS, CLIP, NVDA, BIL, GBTC |
| Q1 2025 | 43 | $95.2M | BIL, PHYS, CLIP, NVDA, GBTC |
| Q4 2024 | 38 | $91.9M | NVDA, PHYS, BIL, GBTC, CLIP |
| Q3 2024 | 41 | $90.9M | NVDA, PHYS, BIL, GLIN, MU |
| Q2 2024 | 52 | $87.5M | NVDA, PHYS, BIL, AVUS, GLIN |
| Q1 2024 | 48 | $78.2M | PHYS, NVDA, BIL, GBTC, VOO |