Pekin Hardy Strauss, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), Pekin Hardy Strauss, Inc. reported 319 stock positions worth $728.6 million. Its top holding was Sprott Physical Gold Trust (PHYS) at 9.5% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 2.8%) and Cameco (CCJ, 2.5%). Compared with Q4 2023, it opened 42 new positions, sold out of 17, added to 103 and reduced 129. The biggest buy was a new position in Humana (HUM) and the biggest sale Genco Shipping & Trading (GNK, shares −94%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001020317
Portfolio Value
$728.6M (Q1 2024)
SEC Filing
0001085146-24-002196 ↗ filed May 3, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $728.6M $728.6M Q1 2024 Q2 2024: $725.3M Q2 2024 Q3 2024: $780.2M Q3 2024 Q4 2024: $784.6M Q4 2024 Q1 2025: $821.1M Q1 2025 Q2 2025: $873.7M Q2 2025 Q3 2025: $990.6M Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $955.9M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 319 stocks · $728.6M

PHYS Sprott Physical Gold Trust 9.48% 3,992,811 $69.1M Reduce -3.9%
BRK.B Berkshire Hathaway Inc. Class B 2.78% 48,251 $20.3M Reduce -3.0%
CCJ Cameco Corp. 2.47% 415,730 $18.0M Add +9.3%
WCC Wesco International Inc. 1.75% 74,288 $12.7M Add +134.6%
XOM Exxon Mobil Corp. 1.68% 105,284 $12.2M Reduce -0.3%
DG Dollar General Corp. 1.59% 74,371 $11.6M Add +15.9%
DVN Devon Energy Corp. 1.58% 229,655 $11.5M Add +7.0%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 1.54% 135,055 $11.2M Add +4.1%
AAPL Apple Inc. 1.53% 65,033 $11.2M Reduce -5.9%
MOS The Mosaic Co. 1.50% 336,812 $10.9M Add +5.4%
SM SM Energy Co. 1.50% 218,539 $10.9M Reduce -3.3%
MSFT Microsoft Corp. 1.40% 24,325 $10.2M Reduce -4.1%
HUM Humana Inc. 1.30% 27,407 $9.5M New
CEF Sprott Physical Gold and Sil 1.29% 462,172 $9.4M Reduce -3.2%
OUNZ Vaneck Merk Gold ETF 1.26% 428,251 $9.2M Reduce -1.4%
AER Aercap Holdings NV 1.22% 102,460 $8.9M Reduce -9.5%
AGNC AGNC Investment Corp. 1.19% 874,831 $8.7M Add +4.2%
SU Suncor Energy Inc. 1.14% 224,869 $8.3M Reduce -3.4%
GOOGL Alphabet Inc. Class A 1.10% 53,230 $8.0M Reduce -0.8%
MRK Merck & Co. Inc. 1.09% 60,346 $8.0M Reduce -1.5%
GOOG Alphabet Inc. Class C 1.08% 51,769 $7.9M Reduce -2.7%
GDX Vaneck Gold Miners ETF 1.05% 242,261 $7.7M Add +0.1%
ITRN Ituran Location and Control 0.98% 255,109 $7.1M Add +4.8%
MTBA Simplify MBS ETF 0.94% 134,890 $6.9M Add +45.8%
ET Energy Transfer LP 0.93% 431,570 $6.8M Add +2.0%
MRC MRC Global Inc. 0.92% 534,897 $6.7M Reduce -28.4%
SFM Sprouts Farmers Market Inc. 0.91% 103,315 $6.7M Reduce -10.2%
MDT Medtronic PLC 0.88% 73,919 $6.4M Reduce -6.3%
ABBV Abbvie Inc. 0.88% 35,233 $6.4M Reduce -0.8%
SNV Synovus Financial Corp. 0.86% 157,247 $6.3M Reduce -5.1%
EWZ iShares MSCI Brazil ETF 0.86% 194,119 $6.3M Add +7.1%
SONY Sony Group Corp. - SP ADR 0.84% 71,129 $6.1M Reduce -9.8%
CEG Constellation Energy 0.81% 31,885 $5.9M Reduce -3.4%
ALEX Alexander & Baldwin Inc. 0.79% 347,517 $5.7M Add +23.1%
SSNC Ss&c Technologies Holdings 0.78% 88,184 $5.7M Reduce -16.8%
VFC VF Corp. 0.76% 362,055 $5.6M Add +0.6%
XLE SS Energy Select Sector 0.76% 58,318 $5.5M Reduce -3.3%
CCNE CNB Financial Corp. 0.75% 266,653 $5.4M Add +2.4%
IVOL Quadratic Int Rte Vol Infl H 0.73% 282,039 $5.3M Reduce -7.9%
PEP Pepsico Inc. 0.73% 30,490 $5.3M Reduce -1.5%
SWK Stanley Black & Decker Inc. 0.71% 53,174 $5.2M Reduce -1.3%
CVX Chevron Corp. 0.71% 32,578 $5.1M Reduce -10.5%
EMLC Vaneck JPM Em Local Curr BND 0.69% 204,428 $5.0M Add +32.3%
AEM Agnico Eagle Mines Ltd. 0.68% 83,481 $5.0M Reduce -0.5%
AMZN Amazon.com Inc. 0.65% 26,344 $4.8M Add +13.0%
EPD Enterprise Products Partners 0.64% 159,653 $4.7M Add +5.8%
GBTC Grayscale Bitcoin Trust ETF 0.63% 72,273 $4.6M New
EOG EOG Resources Inc. 0.60% 34,237 $4.4M Reduce -0.4%
JNJ Johnson & Johnson 0.59% 27,233 $4.3M Reduce -1.8%
PSLV Sprott Physical Silver Trust 0.58% 510,170 $4.2M Add +1.6%
PFIX Simplify Interest Rate Hedge 0.58% 93,895 $4.2M New
IAU iShares Gold Trust 0.57% 98,198 $4.1M Reduce -2.5%
WMT Walmart Inc. 0.56% 67,798 $4.1M Add +4.3%
TECK Teck Resources Ltd.-CLS B 0.56% 88,503 $4.1M Reduce -4.7%
TUA Sim St Treas Fut Strat ETF filed as SIMPLIFY EXCHANGE TRADED FUN 0.54% 181,249 $4.0M Add +12.2%
ARDX Ardelyx Inc. 0.54% 542,660 $4.0M Reduce -29.6%
EMXC iShares MSCI Emr MRK Ex Chna 0.54% 67,864 $3.9M Add +7.7%
NVS Novartis AG-Sponsored ADR 0.53% 39,970 $3.9M Reduce -1.4%
IBIT iShares Bitcoin Trust ETF 0.53% 94,745 $3.8M New
LNG Cheniere Energy Inc. 0.52% 23,606 $3.8M Reduce -0.4%
CNI Canadian Natl Railway Co. 0.49% 27,300 $3.6M No change
MP MP Materials Corp. 0.48% 243,435 $3.5M Add +36.5%
EWW iShares MSCI Mexico ETF 0.46% 48,360 $3.4M Add +2.6%
LYB Lyondellbasell Indu Class A 0.45% 32,207 $3.3M Reduce -24.6%
INDA iShares MSCI India ETF 0.45% 63,705 $3.3M Add +13.8%
FCX Freeport-McMoran Inc. 0.42% 64,390 $3.0M Add +0.8%
ETN Eaton Corp. PLC 0.41% 9,650 $3.0M Reduce -20.1%
VYM Vanguard High DVD Yield ETF 0.41% 24,651 $3.0M Add +0.9%
HLF Herbalife Ltd. 0.41% 296,463 $3.0M Add +9.5%
EXC Exelon Corp. 0.40% 78,325 $2.9M Reduce -4.4%
WBD Warner Bros Discovery Inc. 0.40% 333,460 $2.9M Add +20.1%
AGI Alamos Gold Inc. Class A 0.40% 197,355 $2.9M Add +2.4%
EWJ iShares MSCI Japan ETF 0.39% 39,698 $2.8M Add +24.4%
CME Cme Group Inc. 0.38% 12,962 $2.8M Reduce -1.0%
JPM JPMorgan Chase & Co. 0.38% 13,871 $2.8M Add +23.1%
AMLP Alerian MLP ETF 0.38% 57,962 $2.8M Add +0.5%
PXD Pioneer Natural Resources Co. 0.37% 10,234 $2.7M Reduce -2.8%
PM Philip Morris International 0.36% 28,814 $2.6M Reduce -1.7%
MLPA Global X MLP ETF 0.36% 53,887 $2.6M Add +18.3%
BX Blackstone Inc. 0.32% 18,016 $2.4M Reduce -8.3%
NEM Newmont Corp. 0.31% 63,849 $2.3M Add +18.1%
VIG Vanguard Dividend Apprec ETF 0.31% 12,353 $2.3M Add +6.0%
MO Altria Group Inc. 0.30% 50,654 $2.2M Reduce -15.4%
CNC Centene Corp. 0.30% 27,688 $2.2M No change
INFL Horizon Kinetics Infl Benef 0.29% 64,270 $2.1M Reduce -35.8%
MUFG Mitsubishi Ufj Finl-Spon ADR 0.28% 202,900 $2.1M Reduce -1.9%
MCD McDonald's Corp. 0.28% 7,316 $2.1M Reduce -0.5%
FNV Franco-Nevada Corp. 0.28% 17,210 $2.1M Add +1.7%
OXY Occidental Petroleum Corp. 0.27% 30,635 $2.0M Reduce -5.5%
CBOE Cboe Global Markets Inc. 0.26% 10,487 $1.9M Reduce -1.2%
V Visa Inc. Class A 0.26% 6,761 $1.9M Reduce -7.3%
KWEB Kranesh Csi China Internet 0.26% 71,765 $1.9M Add +4.9%
BMY Bristol-Myers Squibb Co. 0.25% 34,226 $1.9M Add +2.8%
VTI VG Morningstar TS MKT ETF-US 0.25% 7,106 $1.8M Reduce -3.4%
NTR Nutrien Ltd. 0.25% 33,531 $1.8M Add +5.1%
SGOL Abrdn Physical Gold Shares 0.25% 84,902 $1.8M No change
XME SS SPDR S&P Metals Mining 0.25% 29,780 $1.8M Reduce -2.0%
HIGH Simplify Enhanced Income ETF 0.24% 72,827 $1.8M Add +33.8%
VGR Vector Group Ltd. 0.24% 162,000 $1.8M Reduce -1.2%
SE Sea Ltd.-ADR 0.24% 32,302 $1.7M Reduce -8.5%
EWY iShares MSCI South Korea ETF 0.24% 25,832 $1.7M Reduce -11.9%
FXY Invesco Currencyshares Japan 0.23% 27,555 $1.7M Add +0.6%
VZ Verizon Communications Inc. 0.23% 39,861 $1.7M Add +0.6%
BG Bunge Global SA 0.23% 16,255 $1.7M No change
AON Aon PLC Class A 0.23% 4,986 $1.7M Reduce -3.6%
ABT Abbott Laboratories 0.23% 14,551 $1.7M Reduce -2.7%
USCI United States Commodity Inde 0.22% 26,742 $1.6M Reduce -3.0%
VTIP Vanguard Short-Term Tips 0.22% 33,998 $1.6M Reduce -12.6%
VWO Vanguard Ftse Emerging Marke 0.22% 37,973 $1.6M Reduce -9.5%
EIDO iShares MSCI Indonesia ETF 0.22% 69,915 $1.6M Reduce -2.1%
COP Conocophillips 0.22% 12,341 $1.6M Reduce -3.6%
TSM Taiwan Semiconductor-SP ADR 0.21% 11,210 $1.5M Add +171.8%
BTI British American Tob-SP ADR 0.21% 49,914 $1.5M Add +37.9%
BLK BlackRock Finance Inc. 0.21% 1,817 $1.5M Add +1.4%
KO The Coca-Cola Co. 0.21% 24,615 $1.5M Reduce -1.2%
CTRA Coterra Energy Inc. 0.20% 52,920 $1.5M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.19% 24,566 $1.4M Reduce -0.6%
VST Vistra Corp. 0.19% 19,360 $1.3M New
NXE Nexgen Energy Ltd. 0.18% 172,205 $1.3M Reduce -14.8%
EMR Emerson Electric Co. 0.18% 11,602 $1.3M Reduce -7.9%
SLRC SLR Investment Corp. 0.18% 85,685 $1.3M Add +6.6%
CB Chubb Ltd. 0.17% 4,830 $1.3M Add +0.0%
WM Waste Management Inc. 0.17% 5,777 $1.2M No change
SIL Global X Silver Miners ETF 0.17% 43,964 $1.2M Add +2.0%
AR Antero Resources Corp. 0.16% 41,310 $1.2M Reduce -21.8%
VLO Valero Energy Corp. 0.16% 6,860 $1.2M Add +7.9%
HD Home Depot Inc. 0.16% 3,048 $1.2M Add +15.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 2,231 $1.2M Add +6.4%
ILF iShares Latin America 40 ETF 0.16% 40,655 $1.2M Add +6.3%
PG The Procter & Gamble Co. 0.16% 7,119 $1.2M Reduce -1.4%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.16% 20,996 $1.2M Reduce -32.8%
FDX FedEx Corp. 0.15% 3,783 $1.1M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.15% 5,661 $1.1M Reduce -2.6%
UNP Union Pacific Corp. 0.15% 4,343 $1.1M Reduce -1.1%
SLV iShares Silver Trust 0.15% 46,865 $1.1M No change
DEO Diageo PLC-Sponsored ADR 0.15% 7,146 $1.1M Add +21.8%
B Barrick Gold Corp. 0.14% 62,827 $1.0M Reduce -38.0%
SILV Silvercrest Metals Inc. 0.14% 154,350 $1.0M Add +14.0%
PSA Public Storage 0.14% 3,454 $1.0M Reduce -0.6%
TDW Tidewater Inc. 0.14% 10,859 $999K No change
AM Antero Midstream Corp. 0.14% 70,000 $984K No change
RTX RTX Corp. 0.13% 10,047 $980K Reduce -4.7%
GUNR NT Mstar GLBL NR ETF 0.13% 23,422 $962K Reduce -10.5%
LLY Eli Lilly & Co. 0.13% 1,226 $954K Reduce -5.0%
MSOS Advisorshares Pure US Cann 0.13% 95,049 $951K Reduce -6.3%
CVS CVS Health Corp. 0.13% 11,765 $938K Reduce -10.6%
ARLP Alliance Resource Partners 0.13% 46,505 $932K No change
HL Hecla Mining Co. 0.13% 192,300 $925K Reduce -23.2%
ADP Automatic Data Processing 0.13% 3,701 $924K Reduce -1.3%
GTX Garrett Motion Inc. 0.13% 92,850 $923K Add +157.9%
CPRI Capri Holdings Ltd. 0.12% 19,862 $900K Reduce -8.1%
ALL Allstate Corp. 0.12% 5,198 $899K Reduce -2.4%
BITB Bitwise Bitcoin ETF 0.12% 22,380 $866K New
IE Ivanhoe Electric Inc. / US 0.11% 85,215 $835K Add +0.0%
AEP American Electric Power 0.11% 9,579 $825K Reduce -0.4%
CONSOL ENERGY INC 0.11% 9,790 $820K New
GDXJ Vaneck Junior Gold Miners 0.11% 21,130 $819K Reduce -0.3%
BANCOLOMBIA S.A.-SPONS ADR 0.11% 23,750 $813K Add +39.7%
XOP SS SPDR S&P Og Exp & Prod 0.11% 5,163 $800K Add +6.8%
DHT DHT Holdings Inc. 0.11% 69,000 $794K Add +3.0%
SILJ Amplify Junior Silver Miners 0.11% 79,491 $789K New
STLA Stellantis NV 0.11% 27,500 $782K Add +3.8%
SBUX Starbucks Corp. 0.11% 8,490 $776K Add +0.0%
VRP Invesco Variable Rate Prefer 0.11% 32,610 $775K Reduce -4.4%
IGSB iShares 1-5Y Inv Grade Corp. 0.11% 15,015 $770K No change
GE General Electric 0.11% 4,367 $767K Add +155.8%
NVO Novo-Nordisk A/S-Spons ADR 0.11% 5,965 $766K Add +133.0%
ITUB Itau Unibanco H-Spon PRF ADR 0.10% 110,500 $765K No change
DSGR Distribution Solutions Group 0.10% 21,090 $748K Add +58.6%
EVR Evercore Inc. Class A 0.10% 3,810 $734K Reduce -67.8%
AXP American Express Co. 0.10% 3,175 $723K Add +13.4%
DBA Invesco DB Agriculture Fund 0.10% 29,015 $718K Add +21.6%
SN Sharkninja Inc. 0.10% 11,450 $713K Reduce -4.2%
BTU Peabody Energy Corp. 0.10% 29,176 $708K Reduce -40.3%
SPG Simon Property Group Inc. 0.10% 4,515 $707K Reduce -1.3%
ENB Enbridge Inc. 0.10% 19,428 $703K Reduce -4.7%
NEE Nextera Energy Inc. 0.10% 10,899 $697K Add +6.1%
PFE Pfizer Inc. 0.10% 25,005 $694K Reduce -4.4%
NKE Nike Inc. Class B 0.09% 7,337 $690K Add +1.0%
KCCA Kraneshares California Carbo 0.09% 23,880 $684K Add +11.9%
SD Sandridge Energy Inc. 0.09% 46,250 $674K Reduce -27.1%
BGC BGC Group Inc. Class A 0.09% 86,250 $670K Add +26.4%
GD General Dynamics Corp. 0.09% 2,369 $669K No change
HPK Highpeak Energy Inc. 0.09% 42,350 $668K Add +2.4%
QCOM Qualcomm Inc. 0.09% 3,925 $665K Reduce -4.8%
WPM Wheaton Precious Metals Corp. 0.09% 14,092 $664K Add +0.7%
SGDM Sprott Gold Miners ETF 0.09% 26,098 $661K Add +8.2%
OMAB Grupo Aeroportuario Cen-ADR 0.09% 8,200 $649K Add +13.1%
LPG Dorian LPG Ltd. 0.09% 16,770 $645K New
VTRS Viatris Inc. 0.09% 53,895 $644K New
METCB Ramaco Resources Inc. Class B 0.09% 51,200 $643K No change
IOVA Iovance Biotherapeutics Inc. 0.09% 43,050 $638K Reduce -18.8%
AESI Atlas Energy Solutions Inc. 0.09% 28,100 $636K Add +39.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.08% 1,778 $612K Add +12.7%
ZBRA Zebra Technologies Corp. Class A 0.08% 2,025 $610K No change
CFG Citizens Financial Group 0.08% 16,800 $610K Reduce -1.2%
ABERDEEN ASIA PACIFIC INCOM filed as ABRDN ASIA PACIFIC INCOME FU 0.08% 215,571 $604K Add +11.7%
WTFC Wintrust Financial Corp. 0.08% 5,750 $600K Add +53.3%
EWH iShares MSCI Hong Kong ETF 0.08% 37,965 $590K New
BHP BHP Group Ltd.-Spon ADR 0.08% 10,153 $586K Add +6.8%
COST Costco Wholesale Corp. 0.08% 792 $580K Add +46.1%
BLDR Builders Firstsource Inc. 0.08% 2,760 $576K New
FXI iShares China Large-Cap ETF 0.08% 23,305 $561K Add +4.0%
IEX Idex Corp. 0.08% 2,250 $549K No change
EDD Morgan Stanley Emrg MRK Dom 0.07% 113,000 $537K Add +33.3%
ALIT Alight Inc. Class A 0.07% 53,750 $529K New
VTV Vanguard Mrngstr Val ETF-Aui 0.07% 3,251 $529K Add +23.9%
INTC Intel Corp. 0.07% 11,838 $523K Add +167.0%
SNY Sanofi-ADR 0.07% 10,697 $520K Reduce -0.9%
NVDA Nvidia Corp. 0.07% 570 $515K Reduce -52.0%
ASA ASA Gold and Precious Metals 0.07% 33,405 $513K Reduce -14.1%
GVAL Cambria Global Value ETF 0.07% 23,675 $507K Reduce -1.1%
ORCL Oracle Corp. 0.07% 3,985 $501K New
BILS SS Spdrb B 3-12M T-Bill ETF 0.07% 4,994 $497K Reduce -28.9%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.07% 2,571 $493K Add +20.1%
INSP Inspire Medical Systems Inc. 0.07% 2,285 $491K Add +26.9%
DAVA Endava PLC- Spon ADR 0.07% 12,785 $486K New
WTW Willis Towers Watson PLC 0.07% 1,751 $482K No change
BA The Boeing Co. 0.07% 2,485 $480K New
T AT&T Inc. 0.07% 26,992 $475K Reduce -1.4%
GNK Genco Shipping & Trading Ltd. 0.07% 23,350 $475K Reduce -94.0%
XLI SS Industrial Select Sector 0.06% 3,701 $466K Add +39.9%
COPX Global X Copper Miners ETF 0.06% 10,980 $466K Add +13.0%
LVS Las Vegas Sands Corp. 0.06% 8,870 $459K New
BP BP PLC-Spons ADR 0.06% 12,087 $455K Reduce -1.2%
SWN Southwestern Energy Co. 0.06% 59,835 $454K Reduce -7.7%
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.06% 11,500 $453K Add +9.5%
VCIT Vanguard Int-Term Corporate 0.06% 5,600 $451K No change
VTS Vitesse Energy Inc. 0.06% 18,970 $450K New
ITA iShares U.S. Aerospace & Def 0.06% 3,395 $448K New
LXU LSB Industries Inc. 0.06% 50,770 $446K New
TIP iShares Tips Bond ETF 0.06% 4,100 $440K Reduce -16.3%
MS Morgan Stanley 0.06% 4,660 $439K Reduce -64.5%
GILD Gilead Sciences Inc. 0.06% 5,652 $414K No change
URNM Sprott Uranium Miners ETF 0.06% 8,255 $407K Add +6.5%
SMLP Summit Midstream Partners LP 0.06% 14,450 $406K Add +11.6%
META Meta Platforms Inc. Class A 0.06% 835 $405K New
CLF Cleveland-Cliffs Inc. 0.06% 17,796 $405K Add +0.5%
PAVE Global X US Infrastructure 0.06% 10,160 $404K New
AMD Advanced Micro Devices 0.05% 2,200 $397K Add +1.4%
GEO The Geo Group Inc. 0.05% 28,100 $397K New
LIN Linde PLC 0.05% 849 $394K No change
BABA Alibaba Group Holding-SP ADR 0.05% 5,337 $386K Reduce -32.3%
MOAT Vaneck Morningstar Wide Moat 0.05% 4,150 $373K Add +9.3%
GNRC Generac Holdings Inc. 0.05% 2,926 $369K No change
MLM Martin Marietta Materials 0.05% 600 $368K Reduce -9.6%
PROSHARES SHORT QQQ 0.05% 41,625 $365K Reduce -47.5%
ARCH Arch Resources Inc. 0.05% 2,250 $362K Reduce -4.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.05% 9,455 $359K No change
PSX Phillips 66 0.05% 2,166 $354K Add +24.1%
NE Noble Corp. PLC 0.05% 7,175 $348K Reduce -25.8%
RRC Range Resources Corp. 0.05% 10,050 $346K No change
LMT Lockheed Martin Corp. 0.05% 760 $346K Reduce -3.2%
SPGI S&P Global Inc. 0.05% 797 $339K No change
IVV iShares Core S&P 500 ETF 0.05% 645 $339K No change
JD Jd.com Inc.-ADR 0.05% 12,350 $338K New
CLMT Calumet Specialty Products 0.05% 22,750 $338K No change
UTF Cohen & Steers Infrastructur 0.05% 14,125 $333K No change
YUMC Yum China Holdings Inc. 0.04% 8,175 $325K New
CTAS Cintas Corp. 0.04% 465 $319K No change
NPWR Net Power Inc. 0.04% 27,865 $317K Add +14.4%
ITW Illinois Tool Works 0.04% 1,174 $315K Reduce -27.7%
OIH Vaneck Oil Services ETF 0.04% 935 $314K Reduce -2.6%
USB US Bancorp 0.04% 6,969 $312K No change
AA Alcoa Corp. 0.04% 9,014 $305K Reduce -35.4%
RIOT Riot Platforms Inc. 0.04% 24,550 $300K Add +104.6%
APD Air Products & Chemicals Inc. 0.04% 1,240 $300K New
BXMT Blackstone Mortgage Tru Class A 0.04% 14,858 $296K Reduce -2.6%
VCSH Vanguard S/T Corp. Bond ETF 0.04% 3,801 $294K Reduce -16.3%
CAT Caterpillar Inc. 0.04% 798 $293K Add +14.3%
PDD PDD Holdings Inc. 0.04% 2,475 $288K Add +57.1%
BSM Black Stone Minerals LP 0.04% 18,000 $288K No change
CERE Cerevel Therapeutics Holding 0.04% 6,750 $285K New
BAX Baxter International Inc. 0.04% 6,670 $285K No change
SMRT Smartrent Inc. 0.04% 105,200 $282K Add +10.5%
MFC Manulife Financial Corp. 0.04% 11,124 $278K No change
VALE Vale SA-SP ADR 0.04% 22,215 $271K Add +3.0%
AAAU Goldman Sachs Physical Gold 0.04% 12,200 $268K No change
CAAP Corp. America Airports SA filed as CORPORACION AMER ARPTS S A 0.04% 15,565 $261K New
GGAL Grupo Financiero Galicia-ADR 0.03% 10,000 $254K New
RSP Invesco S&P 500 Equal Weight 0.03% 1,496 $253K New
XLF SS Financial Select Sector 0.03% 5,965 $251K Reduce -2.5%
SHEL Shell PLC-ADR 0.03% 3,713 $249K No change
PSCE Invesco S&P Smallcap Energy 0.03% 4,360 $243K No change
XLV SS Health Care Select Sector 0.03% 1,635 $242K Reduce -1.3%
DLTR Dollar Tree Inc. 0.03% 1,791 $238K Reduce -81.3%
ITB iShares U.S. Home Constructi 0.03% 2,000 $232K No change
AMN Amn Healthcare Services Inc. 0.03% 3,670 $229K New
ARKF ARK Blockchain & Fintech Inn 0.03% 7,420 $225K No change
FLEX Flex Ltd. 0.03% 7,790 $223K New
PH Parker Hannifin Corp. 0.03% 400 $222K New
CQP Cheniere Energy Partners LP 0.03% 4,500 $222K No change
EC Ecopetrol SA-Sponsored ADR 0.03% 18,173 $215K New
VEU Vanguard Ftse All-World Ex-U 0.03% 3,660 $215K Reduce -20.6%
XBI SS SPDR S&P Biotech ETF 0.03% 2,255 $214K New
SMH Vaneck Semiconductor ETF 0.03% 935 $210K New
ALC Alcon Inc. filed as ALCON AG 0.03% 2,508 $208K Reduce -7.2%
NSA National Storage Affiliates 0.03% 5,305 $208K Reduce -15.9%
TPB Turning Point Brands Inc. 0.03% 7,050 $207K New
NLY Annaly Capital Management Inc. 0.03% 10,399 $205K Reduce -3.5%
LOW Lowe's Cos Inc. 0.03% 797 $203K New
NSC Norfolk Southern Corp. 0.03% 792 $202K New
RIG Transocean Ltd. 0.03% 30,506 $192K Reduce -59.1%
PROSHARES VIX SHORT-TERM FUT 0.02% 12,485 $162K New
GAB Gabelli Equity Trust 0.02% 27,228 $150K No change
FEI First Trust MLP and Energy I 0.02% 13,185 $127K No change
HIO Western Asset Hi Inc. Opport 0.02% 31,087 $121K No change
XAWFX Alliancebernstein GL Hi Inc. 0.02% 10,922 $116K Reduce -1.3%
STRW Strawberry Fields REIT Inc. 0.02% 14,173 $113K Reduce -70.5%
JOF Japan Smaller Capitalization 0.01% 13,044 $104K Add +26.5%
HRTX Heron Therapeutics Inc. 0.01% 31,170 $86K Reduce -14.5%
DYAI Dyadic International Inc. 0.01% 47,020 $79K No change
IAUX I-80 Gold Corp. 0.01% 53,000 $70K Reduce -42.0%
NMR Nomura Holdings Inc.-Spon ADR 0.01% 10,000 $64K New
SAN Banco Santander SA-Spon ADR 0.01% 11,500 $56K New
SBSW Sibanye-Stillwater Ltd.-ADR 0.01% 10,345 $49K Reduce -6.3%
ESPR Esperion Therapeutics Inc. 0.01% 14,500 $39K No change
NOK Nokia Corp.-Spon ADR 0.00% 10,002 $35K Reduce -0.0%
VELO3D INC 0.00% 13,719 $6K No change

Options reported separately and not counted above: BX calls ($197K), ET calls ($157K).

Other holdings (3): bonds, preferreds, convertibles and warrants · $2.8M (not counted above)
SecurityClassShares / PrincipalValueChange
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) NOTE 0.500%12/1 · principal 2,000,000$1.8MNo change
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 439$535KReduce -1.4%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 427$510KReduce -6.4%

Total filed on the 13F, all lines: $731.4M.

Portfolio Sells Q4 2023 → Q1 2024

GNK Genco Shipping & Trading Ltd. Reduce -94.0% 0.07% −0.91
PHYS Sprott Physical Gold Trust Reduce -3.9% 9.48% −0.52
AAPL Apple Inc. Reduce -5.9% 1.53% −0.48
MRC MRC Global Inc. Reduce -28.4% 0.92% −0.32
SONY Sony Group Corp. - SP ADR Reduce -9.8% 0.84% −0.29
IVOL Quadratic Int Rte Vol Infl H Reduce -7.9% 0.73% −0.22
EVR Evercore Inc. Class A Reduce -67.8% 0.10% −0.20
SSNC Ss&c Technologies Holdings Reduce -16.8% 0.78% −0.20
INFL Horizon Kinetics Infl Benef Reduce -35.8% 0.29% −0.19
ARDX Ardelyx Inc. Reduce -29.6% 0.54% −0.18
DLTR Dollar Tree Inc. Reduce -81.3% 0.03% −0.17
LYB Lyondellbasell Indu Class A Reduce -24.6% 0.45% −0.16
B Barrick Gold Corp. Reduce -38.0% 0.14% −0.13
MS Morgan Stanley Reduce -64.5% 0.06% −0.12
CVX Chevron Corp. Reduce -10.5% 0.71% −0.12
MDT Medtronic PLC Reduce -6.3% 0.88% −0.10
CEF Sprott Physical Gold and Sil Reduce -3.2% 1.29% −0.09
LNG Cheniere Energy Inc. Reduce -0.4% 0.52% −0.09
NVS Novartis AG-Sponsored ADR Reduce -1.4% 0.53% −0.09
SLB SLB Ltd. Reduce -32.8% 0.16% −0.09
SWK Stanley Black & Decker Inc. Reduce -1.3% 0.71% −0.08
BTU Peabody Energy Corp. Reduce -40.3% 0.10% −0.08
SNV Synovus Financial Corp. Reduce -5.1% 0.86% −0.08
NRP Natural Resource Partners LP Sold out 0.00% −0.07
EQT Eqt Corp. Sold out 0.00% −0.07
JNJ Johnson & Johnson Reduce -1.8% 0.59% −0.07
BX Blackstone Inc. Reduce -8.3% 0.32% −0.06
PROSHARES SHORT QQQ Reduce -47.5% 0.05% −0.06
PEP Pepsico Inc. Reduce -1.5% 0.73% −0.06
MO Altria Group Inc. Reduce -15.4% 0.30% −0.06
HDB HDFC Bank Ltd.-ADR Sold out 0.00% −0.06
VTIP Vanguard Short-Term Tips Reduce -12.6% 0.22% −0.06
HL Hecla Mining Co. Reduce -23.2% 0.13% −0.05
PM Philip Morris International Reduce -1.7% 0.36% −0.05
MORN Morningstar Inc. Sold out 0.00% −0.05
EWY iShares MSCI South Korea ETF Reduce -11.9% 0.24% −0.05
MU Micron Technology Inc. Sold out 0.00% −0.05
GOOG Alphabet Inc. Class C Reduce -2.7% 1.08% −0.05
AER Aercap Holdings NV Reduce -9.5% 1.22% −0.05
NTNX Nutanix Inc. Class A Sold out 0.00% −0.05
OUNZ Vaneck Merk Gold ETF Reduce -1.4% 1.26% −0.05
MCD McDonald's Corp. Reduce -0.5% 0.28% −0.05
ULTA Ulta Beauty Inc. Sold out 0.00% −0.05
RIG Transocean Ltd. Reduce -59.1% 0.03% −0.05
VWO Vanguard Ftse Emerging Marke Reduce -9.5% 0.22% −0.04
STRW Strawberry Fields REIT Inc. Reduce -70.5% 0.02% −0.04
CPRI Capri Holdings Ltd. Reduce -8.1% 0.12% −0.04
EXC Exelon Corp. Reduce -4.4% 0.40% −0.04
BABA Alibaba Group Holding-SP ADR Reduce -32.3% 0.05% −0.04
SD Sandridge Energy Inc. Reduce -27.1% 0.09% −0.04

Portfolio Buys Q4 2023 → Q1 2024

HUM Humana Inc. New 1.30% +1.30
WCC Wesco International Inc. Add +134.6% 1.75% +0.91
GBTC Grayscale Bitcoin Trust ETF New 0.63% +0.63
PFIX Simplify Interest Rate Hedge New 0.58% +0.58
IBIT iShares Bitcoin Trust ETF New 0.53% +0.53
DG Dollar General Corp. Add +15.9% 1.59% +0.28
MTBA Simplify MBS ETF Add +45.8% 0.94% +0.22
VST Vistra Corp. New 0.19% +0.19
TSM Taiwan Semiconductor-SP ADR Add +171.8% 0.21% +0.14
BITB Bitwise Bitcoin ETF New 0.12% +0.12
AMZN Amazon.com Inc. Add +13.0% 0.65% +0.12
DVN Devon Energy Corp. Add +7.0% 1.58% +0.11
CONSOL ENERGY INC New 0.11% +0.11
SILJ Amplify Junior Silver Miners New 0.11% +0.11
EMLC Vaneck JPM Em Local Curr BND Add +32.3% 0.69% +0.10
JPM JPMorgan Chase & Co. Add +23.1% 0.38% +0.09
LPG Dorian LPG Ltd. New 0.09% +0.09
VTRS Viatris Inc. New 0.09% +0.09
EWH iShares MSCI Hong Kong ETF New 0.08% +0.08
EWJ iShares MSCI Japan ETF Add +24.4% 0.39% +0.08
BLDR Builders Firstsource Inc. New 0.08% +0.08
GTX Garrett Motion Inc. Add +157.9% 0.13% +0.07
ALIT Alight Inc. Class A New 0.07% +0.07
GE General Electric Add +155.8% 0.11% +0.07
ORCL Oracle Corp. New 0.07% +0.07
DAVA Endava PLC- Spon ADR New 0.07% +0.07
BA The Boeing Co. New 0.07% +0.07
NVO Novo-Nordisk A/S-Spons ADR Add +133.0% 0.11% +0.07
LVS Las Vegas Sands Corp. New 0.06% +0.06
VTS Vitesse Energy Inc. New 0.06% +0.06
ITA iShares U.S. Aerospace & Def New 0.06% +0.06
LXU LSB Industries Inc. New 0.06% +0.06
META Meta Platforms Inc. Class A New 0.06% +0.06
PAVE Global X US Infrastructure New 0.06% +0.06
GEO The Geo Group Inc. New 0.05% +0.05
MLPA Global X MLP ETF Add +18.3% 0.36% +0.05
ET Energy Transfer LP Add +2.0% 0.93% +0.05
BTI British American Tob-SP ADR Add +37.9% 0.21% +0.05
JD Jd.com Inc.-ADR New 0.05% +0.05
YUMC Yum China Holdings Inc. New 0.04% +0.04
WMT Walmart Inc. Add +4.3% 0.56% +0.04
HIGH Simplify Enhanced Income ETF Add +33.8% 0.24% +0.04
APD Air Products & Chemicals Inc. New 0.04% +0.04
DSGR Distribution Solutions Group Add +58.6% 0.10% +0.04
CERE Cerevel Therapeutics Holding New 0.04% +0.04
EPD Enterprise Products Partners Add +5.8% 0.64% +0.04
INDA iShares MSCI India ETF Add +13.8% 0.45% +0.04
INTC Intel Corp. Add +167.0% 0.07% +0.04
CAAP Corp. America Airports SA New 0.04% +0.04
VLO Valero Energy Corp. Add +7.9% 0.16% +0.04

Options Activity Q4 2023 → Q1 2024

SPY SS SPDR S&P 500 ETF Trust-US put Sold out 52,500 $25.0Mbefore exit
QQQ Invesco QQQ Trust Series 1 put Sold out 47,500 $19.5Mbefore exit
AAPL Apple Inc. call Sold out 200 $39Kbefore exit

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

Notes & Other Activity Q4 2023 → Q1 2024

HERBALIFE LTD (HLF 2.625 03/15/24) NOTE 2.625% 3/1 · principal Sold out 2,250,000 $2.2Mbefore exit
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -1.4% 439 $535K
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -6.4% 427 $510K
ALTERYX INC (AYX 0.5 08/01/24) NOTE 0.500% 8/0 · principal Sold out 255,000 $248Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 509$1.1BPHYS, EWY, CCJ, MTBA, BRK.B
Q1 2026 475$955.9MCCJ, MTBA, XOM, BRK.B, EWZ
Q4 2025 452$1.1BPHYS, PSLV, CEF, BRK.B, GDX
Q3 2025 403$990.6MPHYS, BRK.B, GDX, CCJ, CEF
Q2 2025 355$873.7MPHYS, BRK.B, CCJ, CEF, MTBA
Q1 2025 355$821.1MPHYS, BRK.B, XOM, CCJ, AAPL
Q4 2024 355$784.6MPHYS, BRK.B, CCJ, AAPL, XOM
Q3 2024 334$780.2MPHYS, BRK.B, CCJ, XOM, AAPL
Q2 2024 319$725.3MPHYS, BRK.B, CCJ, XOM, AAPL
Q1 2024 319$728.6MPHYS, BRK.B, CCJ, WCC, XOM