Medici Capital LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Medici Capital LLC reported 31 stock positions worth $134.4 million. Its top holding was Agnico Eagle Mines (AEM) at 17.3% of the portfolio, followed by SPDR Gold Minishares Trust (GLDM, 11.6%) and Genesis Minerals (GSISF, 11.5%). Compared with Q2 2025, it opened 13 new positions, sold out of 5, added to 9 and reduced 1. The biggest buy was a new position in Genesis Minerals (GSISF) and the biggest sale an exit from SS SPDR S&P 500 ETF Trust-US (SPY).

Most Recent 13F
Q2 2026
Location
NEWPORT BEACH, CA
CIK
0001777234
Portfolio Value
$134.4M (Q3 2025)
SEC Filing
0001777234-25-000009 ↗ filed Nov 13, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $87.5M Q1 2024 Q2 2024: $45.3M Q2 2024 Q3 2024: $51.1M Q3 2024 Q4 2024: $77.6M Q4 2024 Q1 2025: $82.1M Q1 2025 Q2 2025: $87.8M Q2 2025 Q3 2025: $134.4M $134.4M Q3 2025 Q4 2025: $91.2M Q4 2025 Q1 2026: $71.6M Q1 2026 Q2 2026: $51.0M Q2 2026

Holdings 31 stocks · $134.4M
AEM Agnico Eagle Mines Ltd. 17.26% 137,682 $23.2M No change
GLDM SPDR Gold Minishares Trust 11.60% 204,026 $15.6M No change
GSISF Genesis Minerals Ltd. 11.54% 3,974,346 $15.5M New
EMX Emx Royalty Corp. filed as EMX RTY CORP 10.73% 2,817,200 $14.4M Add +33.6%
DiscoverySilverCorp 6.22% 2,253,660 $8.4M Add +1.9%
NESRF Northern Star Resources Ltd. 5.96% 509,246 $8.0M New
AGI Alamos Gold Inc. Class A 5.40% 208,000 $7.3M No change
GMINF G Mining Venture Corp. 4.70% 317,700 $6.3M Add +2.1%
SA Seabridge Gold Inc. 3.98% 221,450 $5.3M New
RMLRF Ramelius Resources Ltd. 3.94% 2,061,849 $5.3M New
WPM Wheaton Precious Metals Corp. 3.00% 36,000 $4.0M No change
ESGFF Ora Banda Mining Ltd. 1.69% 2,896,940 $2.3M New
SKE Skeena Resources Ltd. 1.67% 121,800 $2.2M No change
EOGSF Emerald Resources NL 1.37% 552,488 $1.8M New
ELEMENTAL ALTUS ROYALTIES CO 1.10% 82,430 $1.5M New
ALEC Alector Inc. 1.06% 481,974 $1.4M Add +188.3%
GLD SPDR Gold Shares 1.06% 4,000 $1.4M No change
CTYMF Catalyst Metals Ltd. 1.03% 265,619 $1.4M New
SLV iShares Silver Trust 0.95% 30,000 $1.3M No change
MINERALS 260 LTD 0.92% 7,489,625 $1.2M New
DDEJF Dundee Corp. Class A 0.81% 353,400 $1.1M Add +0.3%
CRNLF Capricorn Metals Ltd. 0.60% 92,147 $808K New
SXGCF Southern Cross Gold Consolid 0.59% 147,844 $790K New
GROY Gold Royalty Corp. 0.53% 185,890 $718K Add +63.1%
SNWGF Snowline Gold Corp. 0.42% 70,000 $559K New
MQBKY Macquarie Group Ltd.-ADR 0.38% 3,500 $511K New
VOXR Vox Royalty Corp. 0.36% 113,400 $488K Reduce -63.2%
PROBF Probe Gold Inc. 0.33% 206,000 $446K Add +48.6%
KLDCF Kenorland Minerals Ltd. 0.30% 277,325 $401K Add +51.5%
ITRG Integra Resources Corp. 0.27% 122,100 $356K No change
DC Dakota Gold Corp. 0.24% 72,321 $329K Add +47.8%

Options reported separately and not counted above: AEM calls ($2.7M), GDXJ calls ($1.7M).

Portfolio Sells Q2 2025 → Q3 2025
SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −23.68
ASA ASA Gold and Precious Metals Sold out 0.00% −5.97
OIH Vaneck Oil Services ETF Sold out 0.00% −1.31
VOXR Vox Royalty Corp. Reduce -63.2% 0.36% −0.75
PPTA Perpetua Resources Corp. Sold out 0.00% −0.69
AYA Aya Gold & Silver Inc. Sold out 0.00% −0.19

Portfolio Buys Q2 2025 → Q3 2025
GSISF Genesis Minerals Ltd. New 11.54% +11.54
NESRF Northern Star Resources Ltd. New 5.96% +5.96
EMX Emx Royalty Corp. Add +33.6% 10.73% +4.69
SA Seabridge Gold Inc. New 3.98% +3.98
RMLRF Ramelius Resources Ltd. New 3.94% +3.94
ESGFF Ora Banda Mining Ltd. New 1.69% +1.69
EOGSF Emerald Resources NL New 1.37% +1.37
ELEMENTAL ALTUS ROYALTIES CO New 1.10% +1.10
CTYMF Catalyst Metals Ltd. New 1.03% +1.03
MINERALS 260 LTD New 0.92% +0.92
ALEC Alector Inc. Add +188.3% 1.06% +0.79
DiscoverySilverCorp Add +1.9% 6.22% +0.72
CRNLF Capricorn Metals Ltd. New 0.60% +0.60
SXGCF Southern Cross Gold Consolid New 0.59% +0.59
SNWGF Snowline Gold Corp. New 0.42% +0.42
MQBKY Macquarie Group Ltd.-ADR New 0.38% +0.38
GROY Gold Royalty Corp. Add +63.1% 0.53% +0.25
PROBF Probe Gold Inc. Add +48.6% 0.33% +0.08
GMINF G Mining Venture Corp. Add +2.1% 4.70% +0.08
DC Dakota Gold Corp. Add +47.8% 0.24% +0.04
DDEJF Dundee Corp. Class A Add +0.3% 0.81% +0.03
KLDCF Kenorland Minerals Ltd. Add +51.5% 0.30% +0.01

Options Activity Q2 2025 → Q3 2025
AEM Agnico Eagle Mines Ltd. call Add +9.1% 108,000 $2.7M
GDXJ Vaneck Junior Gold Miners call Add +13.9% 69,500 $1.7M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 6$51.0MAEM, ELE, AGI, ALEC, DC
Q1 2026 9$71.6MAEM, ELE, AGI, WPM, ALEC
Q4 2025 12$91.2MAEM, GLDM, ELE, GMINF, AGI
Q3 2025 31$134.4MAEM, GLDM, GSISF, EMX, DiscoverySilverCorp
Q2 2025 23$87.8MSPY, AEM, GLDM, AGI, EMX
Q1 2025 16$82.1MSPY, AEM, GLDM, HAL, EMX
Q4 2024 13$77.6MSPY, XOM, AEM, GLDM, EMX
Q3 2024 8$51.1MGLDM, AEM, XOM, OXY, EMX
Q2 2024 8$45.3MGLDM, AEM, XOM, OXY, EMX
Q1 2024 8$87.5MSPY, QQQ, GLDM, XOM, OXY