Herr Investment Group LLC In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Herr Investment Group LLC reported 52 stock positions worth $322.0 million . Its top holding was Abrdn Physical Platinum SHRS (PPLT) at 9.7% of the portfolio, followed by Vanguard Short-Term Treasury (VGSH, 8.8% ) and Lincoln Educational Services (LINC, 7.6% ). Compared with Q4 2023, it opened 13 new positions, sold out of 16, added to 15 and reduced 14. The biggest buy was a new position in Seaboard (SEB) and the biggest sale an exit from Cameco (CCJ).
Location AUSTIN, TX
CIK 0001922235
Portfolio Value $322.0M (Q1 2024) Holdings 52 stocks · $322.0M Holdings quarter Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 PPLT Abrdn Physical Platinum SHRS 372,855 $31.2M Add +169.5% VGSH Vanguard Short-Term Treasury 488,608 $28.4M Reduce -3.3% LINC Lincoln Educational Services 2,355,737 $24.3M Add +3.9% AGRO Adecoagro SA 2,033,210 $22.4M No change SEB Seaboard Corp. 6,425 $20.7M New AEM Agnico Eagle Mines Ltd. 293,890 $17.5M Reduce -5.1% RRC Range Resources Corp. 497,611 $17.1M Add +4594.4% MUFG Mitsubishi Ufj Finl-Spon ADR 1,410,464 $14.4M Add +38.6% AGI Alamos Gold Inc. Class A 835,795 $12.3M Add +13.6% TUA Sim St Treas Fut Strat ETF filed as SIMPLIFY EXCHANGE TRADED FUN 535,395 $11.7M Reduce -28.1% SIMPLIFY MACRO STRATEGY ETF 443,873 $10.1M Reduce -2.6% DLY Doubleline Yield Opport 606,087 $9.7M Reduce -4.8% MLP Maui Land & Pineapple Co. filed as MAUI LD & PINEAPPLE INC 419,602 $9.1M Add +47.9% EQX Equinox Gold Corp. 1,430,160 $8.6M Reduce -27.5% TOTL SS Doubleline TR Tact ETF 203,248 $8.1M Reduce -8.3% VAL Valaris Ltd. 105,586 $7.9M Reduce -45.2% DSL Doubleline Income Solutions 561,315 $7.1M Add +0.2% SLV iShares Silver Trust 279,224 $6.4M No change NGD New Gold Inc. 3,710,618 $6.3M Add +25.3% DBL Doubleline Opport Credit 404,284 $6.2M Add +0.3% PPTA Perpetua Resources Corp. 1,370,498 $5.7M New MYO Myomo Inc. 1,645,827 $5.4M Add +67.9% MSFT Microsoft Corp. 9,787 $4.1M Add +1.3% NAK Northern Dynasty Minerals 9,330,797 $3.0M New WRN Western Copper and Gold Corp. 1,667,816 $2.6M New SCJ iShares MSCI Japan Small-Cap 29,771 $2.2M No change THM Intl Tower Hill Mines Ltd. filed as INTERNATIONAL TOWER HILL MIN 2,052,246 $1.4M New BRFS BRF SA-ADR 400,000 $1.3M Reduce -90.6% TDW Tidewater Inc. 12,500 $1.1M Reduce -91.7% OKLO Oklo Inc. filed as ALTC ACQUISITION CORP 100,272 $1.1M New HGBL Heritage Global Inc. 432,900 $1.1M Add +10.7% PPC Pilgrim's Pride Corp. 31,275 $1.1M Add +2.2% PGR Progressive Corp. 5,000 $1.0M No change AR Antero Resources Corp. 35,000 $1.0M Reduce -71.7% SHY iShares 1-3 Year Treasury Bo 11,891 $972K New JOE The St Joe Co. 16,000 $928K New ARIS Aris Mining Corp. filed as ARIS MNG CORP 186,000 $904K New DFS Discover Financial Services 6,000 $787K No change MOS The Mosaic Co. 23,417 $760K Reduce -17.1% DOC Healthpeak Properties Inc. 40,000 $750K No change STNG Scorpio Tankers Inc. 10,444 $747K Reduce -89.8% FISV Fiserv Inc. 4,376 $699K No change OXY Occidental Petroleum Corp. 10,000 $650K No change GLD SPDR Gold Shares 3,151 $648K No change RYN Rayonier Inc. 14,078 $468K Add +4.6% CTVA Corteva Inc. 7,400 $427K Add +2.8% NLY Annaly Capital Management Inc. 20,700 $408K No change TASEKO MINES LTD 150,000 $326K New URA Global X Uranium ETF 10,747 $310K Reduce -65.0% PAYS Paysign Inc. 48,857 $179K New NVAX Novavax Inc. 10,000 $48K New AMZN Amazon.com Inc. 140 $25K New
Options reported separately and not counted above: SLV calls ($14.0M), GDX calls ($13.0M), AAPL puts ($12.4M), GLD calls ($6.1M), XLK puts ($3.4M), GDXJ calls ($2.8M), IWM puts ($2.4M), SMH puts ($1.6M), CMG puts ($977K), ANF puts ($636K), MGK puts ($541K), TLT puts ($409K), and 10 more.
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ CCJ Cameco Corp. Sold out 0.00% −6.43 GOLD Gold.com Inc. Sold out 0.00% −5.21 NXE Nexgen Energy Ltd. Sold out 0.00% −3.07 BRFS BRF SA-ADR Reduce -90.6% 0.41% −2.77 TDW Tidewater Inc. Reduce -91.7% 0.36% −2.55 PBR.A Petroleo Brasil-SP Pref ADR Sold out 0.00% −2.54 URNM Sprott Uranium Miners ETF Sold out 0.00% −2.26 PHYSICIANS REALTY TRUST Sold out 0.00% −1.92 EWZ iShares MSCI Brazil ETF Sold out 0.00% −1.64 STNG Scorpio Tankers Inc. Reduce -89.8% 0.23% −1.44 MERC Mercer International Inc. Sold out 0.00% −1.40 VAL Valaris Ltd. Reduce -45.2% 2.47% −1.07 TUA Sim St Treas Fut Strat ETF Reduce -28.1% 3.64% −0.98 JPM JPMorgan Chase & Co. Sold out 0.00% −0.84 BORR Borr Drilling Ltd. Sold out 0.00% −0.59 AR Antero Resources Corp. Reduce -71.7% 0.32% −0.44 DO Diamond Offshore Drilling Inc. Sold out 0.00% −0.35 CNQ Canadian Natural Resources Sold out 0.00% −0.33 DHT DHT Holdings Inc. Sold out 0.00% −0.27 MTCH Match Group Inc. Sold out 0.00% −0.17 URA Global X Uranium ETF Reduce -65.0% 0.10% −0.13 INMD Inmode Ltd. Sold out 0.00% −0.09 TRMD Torm PLC-A Sold out 0.00% −0.09 MOS The Mosaic Co. Reduce -17.1% 0.24% −0.03 EQX Equinox Gold Corp. Reduce -27.5% 2.67% +0.09 TOTL SS Doubleline TR Tact ETF Reduce -8.3% 2.53% +0.14 SIMPLIFY MACRO STRATEGY ETF Reduce -2.6% 3.14% +0.34 DLY Doubleline Yield Opport Reduce -4.8% 3.00% +0.47 AEM Agnico Eagle Mines Ltd. Reduce -5.1% 5.44% +0.90 VGSH Vanguard Short-Term Treasury Reduce -3.3% 8.81% +0.92
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ SEB Seaboard Corp. New 6.43% +6.43 PPLT Abrdn Physical Platinum SHRS Add +169.5% 9.68% +6.30 RRC Range Resources Corp. Add +4594.4% 5.32% +5.23 MUFG Mitsubishi Ufj Finl-Spon ADR Add +38.6% 4.48% +2.14 PPTA Perpetua Resources Corp. New 1.77% +1.77 MLP Maui Land & Pineapple Co. Add +47.9% 2.82% +1.61 LINC Lincoln Educational Services Add +3.9% 7.56% +1.46 AGI Alamos Gold Inc. Class A Add +13.6% 3.83% +1.17 NAK Northern Dynasty Minerals New 0.93% +0.93 NGD New Gold Inc. Add +25.3% 1.96% +0.80 WRN Western Copper and Gold Corp. New 0.79% +0.79 THM Intl Tower Hill Mines Ltd. New 0.44% +0.44 DSL Doubleline Income Solutions Add +0.2% 2.21% +0.38 MYO Myomo Inc. Add +67.9% 1.67% +0.36 OKLO Oklo Inc. New 0.36% +0.36 MSFT Microsoft Corp. Add +1.3% 1.28% +0.31 SHY iShares 1-3 Year Treasury Bo New 0.30% +0.30 JOE The St Joe Co. New 0.29% +0.29 ARIS Aris Mining Corp. New 0.28% +0.28 DBL Doubleline Opport Credit Add +0.3% 1.94% +0.28 PPC Pilgrim's Pride Corp. Add +2.2% 0.33% +0.11 TASEKO MINES LTD New 0.10% +0.10 HGBL Heritage Global Inc. Add +10.7% 0.35% +0.06 PAYS Paysign Inc. New 0.06% +0.06 CTVA Corteva Inc. Add +2.8% 0.13% +0.04 RYN Rayonier Inc. Add +4.6% 0.15% +0.02 NVAX Novavax Inc. New 0.01% +0.01 AMZN Amazon.com Inc. New 0.01% +0.01
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ EWJ iShares MSCI Japan ETF call Sold out 500,000 $32.1Mbefore exit LULU Lululemon Athletica Inc. put Sold out 33,000 $16.9Mbefore exit UBER Uber Technologies Inc. put Sold out 250,000 $15.4Mbefore exit SLV iShares Silver Trust call Add +30.4% 8,255,300 $14.0M GDX Vaneck Gold Miners ETF call Add +91.4% 3,062,200 $13.0M AAPL Apple Inc. put Add +12.4% 1,901,700 $12.4M TSLA Tesla Inc. put Sold out 25,000 $6.2Mbefore exit GLD SPDR Gold Shares call Reduce -79.3% 459,800 $6.1M XLK SS Technology Select Sector put Add +2908.4% 1,504,200 $3.4M GDXJ Vaneck Junior Gold Miners call New 595,000 $2.8M IWM iShares Russell 2000 ETF put New 1,096,300 $2.4M SMH Vaneck Semiconductor ETF put Add +288.9% 941,100 $1.6M CMG Chipotle Mexican Grill Inc. put Reduce -10.0% 9,000 $977K ANF Abercrombie & Fitch Co. Class A put Add +46.7% 110,000 $636K MGK Vngrd Mrgstr MG CP GR ETF-Ui put Add +10.6% 265,000 $541K TLT iShares 20+ Year Treasury BD put Add +30.7% 326,800 $409K NFLX Netflix Inc. put New 30,000 $381K SIG Signet Jewelers Ltd. put Reduce -59.5% 100,000 $345K DECK Deckers Outdoor Corp. put New 8,000 $337K IVW iShares S&P 500 Growth ETF put New 254,900 $321K WSM Williams-Sonoma Inc. put New 15,000 $211K XLY SS Consumer Disc Select Sect put Reduce -93.8% 50,000 $178K DKS Dick's Sporting Goods Inc. put New 20,000 $157K XLC SS Comm Select Sector SPDR put New 65,000 $73K AMZN Amazon.com Inc. put New 20,000 $58K WGO Winnebago Industries put New 13,600 $24K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2024 62 $337.9M VGSH, LINC, AGRO, VAL, MUFG Q1 2024 52 $322.0M PPLT, VGSH, LINC, AGRO, SEB