Medici Capital LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Medici Capital LLC reported 9 stock positions worth $71.6 million. Its top holding was Agnico Eagle Mines (AEM) at 41.4% of the portfolio, followed by Elemental Royalty (ELE, 23.1%) and Alamos Gold Class A (AGI, 12.9%). Compared with Q4 2025, it sold out of 3, added to 4 and reduced 2. The biggest buy was Elemental Royalty (ELE, shares +0%) and the biggest sale SPDR Gold Minishares Trust (GLDM, shares −89%).

Most Recent 13F
Q2 2026
Location
NEWPORT BEACH, CA
CIK
0001777234
Portfolio Value
$71.6M (Q1 2026)
SEC Filing
0001777234-26-000003 ↗ filed May 14, 2026

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 Q3 2025 Q4 2025: $91.2M Q4 2025 Q1 2026: $71.6M $71.6M Q1 2026 Q2 2026: $51.0M Q2 2026

Holdings 9 stocks · $71.6M
AEM Agnico Eagle Mines Ltd. 41.38% 145,873 $29.6M Reduce -1.0%
ELE Elemental Royalty Corp. 23.15% 879,123 $16.6M Add +0.2%
AGI Alamos Gold Inc. Class A 12.89% 208,000 $9.2M No change
WPM Wheaton Precious Metals Corp. 6.59% 36,000 $4.7M No change
ALEC Alector Inc. 4.96% 1,652,520 $3.6M Add +10.1%
ITRG Integra Resources Corp. 4.17% 1,107,875 $3.0M Add +22.0%
DC Dakota Gold Corp. 2.99% 423,321 $2.1M Add +113.5%
GLDM SPDR Gold Minishares Trust 2.94% 22,700 $2.1M Reduce -88.9%
GROY Gold Royalty Corp. 0.93% 185,890 $665K No change

Options reported separately and not counted above: AEM calls ($6.0M), GDXJ calls ($3.6M).

Portfolio Sells Q4 2025 → Q1 2026
GLDM SPDR Gold Minishares Trust Reduce -88.9% 2.94% −16.16
GMINF G Mining Venture Corp. Sold out 0.00% −11.24
SLV iShares Silver Trust Sold out 0.00% −2.12
GLD SPDR Gold Shares Sold out 0.00% −1.74
AEM Agnico Eagle Mines Ltd. Reduce -1.0% 41.38% +14.00

Portfolio Buys Q4 2025 → Q1 2026
ELE Elemental Royalty Corp. Add +0.2% 23.15% +6.82
ALEC Alector Inc. Add +10.1% 4.96% +2.40
DC Dakota Gold Corp. Add +113.5% 2.99% +1.75
ITRG Integra Resources Corp. Add +22.0% 4.17% +0.16

Options Activity Q4 2025 → Q1 2026
AEM Agnico Eagle Mines Ltd. call Reduce -78.4% 29,800 $6.0M
GDXJ Vaneck Junior Gold Miners call Reduce -66.3% 30,300 $3.6M

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