Sicart Associates LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), Sicart Associates LLC reported 76 stock positions worth $273.0 million. Its top holding was SPDR Gold Shares (GLD) at 7.9% of the portfolio, followed by Meta Platforms Class A (META, 6.2%) and Netflix (NFLX, 5.7%). Compared with Q4 2023, it opened 5 new positions, sold out of 3, added to 7 and reduced 34. The biggest buy was a new position in iShares Biotechnology ETF (IBB) and the biggest sale Ionis Pharmaceuticals (IONS, shares −0%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001696494
Portfolio Value
$273.0M (Q1 2024)
SEC Filing
0001085146-24-002184 ↗ filed May 3, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $273.0M $273.0M Q1 2024 Q2 2024: $260.6M Q2 2024 Q3 2024: $284.8M Q3 2024 Q4 2024: $279.6M Q4 2024 Q1 2025: $289.1M Q1 2025 Q2 2025: $285.8M Q2 2025 Q3 2025: $369.1M Q3 2025 Q4 2025: $376.9M Q4 2025 Q1 2026: $389.3M Q1 2026 Q2 2026: $408.4M Q2 2026

Holdings 76 stocks · $273.0M
GLD SPDR Gold Shares 7.88% 104,531 $21.5M Reduce -4.8%
META Meta Platforms Inc. Class A 6.21% 34,907 $17.0M Reduce -6.0%
NFLX Netflix Inc. 5.73% 25,751 $15.6M Reduce -4.5%
KHC The Kraft Heinz Co. 3.91% 289,361 $10.7M Reduce -1.9%
FDX FedEx Corp. 3.43% 32,219 $9.4M Reduce -1.6%
ABNB Airbnb Inc. Class A 3.43% 56,737 $9.4M Reduce -2.7%
SYY Sysco Corp. 3.41% 114,531 $9.3M Reduce -2.1%
GOOGL Alphabet Inc. Class A 3.39% 61,253 $9.2M Reduce -1.0%
BG Bunge Global SA 3.34% 88,934 $9.1M Reduce -2.0%
ALB Albemarle Corp. 3.30% 68,091 $9.0M Reduce -0.6%
IONS Ionis Pharmaceuticals Inc. 3.08% 193,993 $8.4M Reduce -0.1%
GILD Gilead Sciences Inc. 3.00% 111,970 $8.2M Reduce -1.5%
INTC Intel Corp. 2.95% 182,210 $8.0M Reduce -1.9%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 2.93% 145,238 $8.0M Add +0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 2.68% 59,723 $7.3M Reduce -3.5%
WFC Wells Fargo & Co. 2.64% 124,275 $7.2M Reduce -1.2%
MDT Medtronic PLC 2.57% 79,772 $7.0M Reduce -1.8%
TRGP Targa Resources Corp. 2.27% 55,397 $6.2M No change
ADBE Adobe Inc. 1.85% 10,032 $5.1M Reduce -1.3%
KO The Coca-Cola Co. 1.82% 80,764 $5.0M Reduce -2.4%
NTR Nutrien Ltd. 1.82% 90,568 $5.0M Reduce -0.4%
AAPL Apple Inc. 1.57% 24,999 $4.3M No change
GLW Corning Inc. 1.50% 124,068 $4.1M Add +1.3%
ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN 1.47% 61,291 $4.0M Reduce -2.6%
MOS The Mosaic Co. 1.45% 122,191 $4.0M Reduce -2.3%
CLX Clorox Company 1.41% 25,130 $3.8M Reduce -1.8%
BIL SS SPDR BB 1-3M T-Bill ETF 1.40% 41,669 $3.8M Reduce -6.2%
PYPL PayPal Holdings Inc. 1.28% 52,340 $3.5M Reduce -3.5%
CPB The Campbell's Company filed as CAMPBELL SOUP CO 1.24% 76,430 $3.4M Reduce -3.5%
GH Guardant Health Inc. 1.11% 146,592 $3.0M Add +57.7%
BKNG Booking Holdings Inc. 1.04% 780 $2.8M No change
MA Mastercard Inc. Class A 1.01% 5,713 $2.8M No change
FSM Fortuna Silver Mines Inc. 0.96% 705,183 $2.6M Reduce -0.3%
VXUS Vanguard Total Intl Stock 0.93% 41,967 $2.5M No change
ILMN Illumina Inc. 0.91% 18,070 $2.5M Add +1.1%
T AT&T Inc. 0.87% 134,501 $2.4M Reduce -5.2%
MP MP Materials Corp. 0.86% 164,934 $2.4M Reduce -3.3%
WBA Walgreens Boots Alliance Inc. 0.86% 107,700 $2.3M Reduce -1.1%
TRIP Tripadvisor Inc. 0.69% 67,331 $1.9M Reduce -0.4%
SBUX Starbucks Corp. 0.67% 20,148 $1.8M Add +1.6%
AMZN Amazon.com Inc. 0.60% 9,007 $1.6M No change
ALGN Align Technology Inc. 0.56% 4,637 $1.5M Reduce -0.9%
SHV iShares 0-1 Year Treasury Bo 0.51% 12,600 $1.4M Reduce -7.3%
MCD McDonald's Corp. 0.47% 4,597 $1.3M No change
IBB iShares Biotechnology ETF 0.44% 8,780 $1.2M New
CGON CG Oncology Inc. 0.40% 25,000 $1.1M New
PDD PDD Holdings Inc. 0.40% 9,349 $1.1M Add +11.1%
PSLV Sprott Physical Silver Trust 0.33% 109,037 $904K Reduce -1.0%
SLV iShares Silver Trust 0.26% 31,768 $723K No change
XOM Exxon Mobil Corp. 0.22% 5,203 $605K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.21% 10,000 $576K No change
XBI SS SPDR S&P Biotech ETF 0.18% 5,103 $484K Add +120.0%
ROK Rockwell Automation Inc. 0.18% 1,650 $481K No change
JNJ Johnson & Johnson 0.18% 3,030 $479K No change
VOO Vanguard S&P 500 ETF 0.17% 982 $472K No change
HD Home Depot Inc. 0.17% 1,200 $460K No change
REGN Regeneron Pharmaceuticals 0.15% 419 $403K No change
CB Chubb Ltd. 0.14% 1,510 $393K No change
MSFT Microsoft Corp. 0.14% 926 $390K No change
COST Costco Wholesale Corp. 0.13% 500 $366K No change
XYZ Block Inc. 0.12% 3,930 $332K No change
EMR Emerson Electric Co. 0.11% 2,749 $312K No change
QCOM Qualcomm Inc. 0.11% 1,818 $308K No change
IWD iShares Russell 1000 Value E 0.10% 1,574 $282K Reduce -24.4%
JPM JPMorgan Chase & Co. 0.10% 1,385 $277K No change
TSM Taiwan Semiconductor-SP ADR 0.10% 2,000 $273K No change
SONIM TECHNOLOGIES INC 0.09% 413,000 $252K No change
GOOG Alphabet Inc. Class C 0.09% 1,640 $250K No change
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.09% 841 $241K New
NVO Novo-Nordisk A/S-Spons ADR 0.08% 1,700 $220K New
MTB M & T Bank Corp. filed as M & T BK CORP 0.08% 1,500 $218K No change
VONG Vanguard Russell 1000 Growth 0.08% 2,396 $208K New
PROSHARES TR 0.04% 10,804 $113K No change
LUOKUNG TECHNOLOGY CORP 0.04% 169,378 $108K No change
KGC Kinross Gold Corp. 0.03% 15,500 $95K No change
BTG B2GOLD Corp. 0.02% 22,000 $58K No change

Portfolio Sells Q4 2023 → Q1 2024
IONS Ionis Pharmaceuticals Inc. Reduce -0.1% 3.08% −0.68
INTC Intel Corp. Reduce -1.9% 2.95% −0.62
GILD Gilead Sciences Inc. Reduce -1.5% 3.00% −0.52
ALB Albemarle Corp. Reduce -0.6% 3.30% −0.50
ADBE Adobe Inc. Reduce -1.3% 1.85% −0.46
MP MP Materials Corp. Reduce -3.3% 0.86% −0.43
ZM Zoom Communications Inc. Reduce -2.6% 1.47% −0.26
KHC The Kraft Heinz Co. Reduce -1.9% 3.91% −0.26
MOS The Mosaic Co. Reduce -2.3% 1.45% −0.26
WBA Walgreens Boots Alliance Inc. Reduce -1.1% 0.86% −0.23
NTR Nutrien Ltd. Reduce -0.4% 1.82% −0.17
BG Bunge Global SA Reduce -2.0% 3.34% −0.16
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -6.2% 1.40% −0.15
GLD SPDR Gold Shares Reduce -4.8% 7.88% −0.15
RBLX Roblox Corp. Class A Sold out 0.00% −0.09
FSM Fortuna Silver Mines Inc. Reduce -0.3% 0.96% −0.08
SNOW Snowflake Inc. Sold out 0.00% −0.08
CPB The Campbell's Company Reduce -3.5% 1.24% −0.06
SHV iShares 0-1 Year Treasury Bo Reduce -7.3% 0.51% −0.06
T AT&T Inc. Reduce -5.2% 0.87% −0.04
KO The Coca-Cola Co. Reduce -2.4% 1.82% −0.04
IWD iShares Russell 1000 Value E Reduce -24.4% 0.10% −0.03
MDT Medtronic PLC Reduce -1.8% 2.57% −0.01
PSLV Sprott Physical Silver Trust Reduce -1.0% 0.33% −0.01
TSPH Createai Holdings Inc. Sold out 0.00% −0.00
PYPL PayPal Holdings Inc. Reduce -3.5% 1.28% +0.01
CLX Clorox Company Reduce -1.8% 1.41% +0.01
ALGN Align Technology Inc. Reduce -0.9% 0.56% +0.07
GOOGL Alphabet Inc. Class A Reduce -1.0% 3.39% +0.08
TRIP Tripadvisor Inc. Reduce -0.4% 0.69% +0.13
SYY Sysco Corp. Reduce -2.1% 3.41% +0.13
FDX FedEx Corp. Reduce -1.6% 3.43% +0.25
WFC Wells Fargo & Co. Reduce -1.2% 2.64% +0.27
ABNB Airbnb Inc. Class A Reduce -2.7% 3.43% +0.39
DIS The Walt Disney Co. Reduce -3.5% 2.68% +0.53
NFLX Netflix Inc. Reduce -4.5% 5.73% +0.71
META Meta Platforms Inc. Class A Reduce -6.0% 6.21% +1.18

Portfolio Buys Q4 2023 → Q1 2024
IBB iShares Biotechnology ETF New 0.44% +0.44
CGON CG Oncology Inc. New 0.40% +0.40
GH Guardant Health Inc. Add +57.7% 1.11% +0.15
XBI SS SPDR S&P Biotech ETF Add +120.0% 0.18% +0.10
MGK Vngrd Mrgstr MG CP GR ETF-Ui New 0.09% +0.09
NVO Novo-Nordisk A/S-Spons ADR New 0.08% +0.08
VONG Vanguard Russell 1000 Growth New 0.08% +0.08
GLW Corning Inc. Add +1.3% 1.50% +0.07
SLB SLB Ltd. Add +0.2% 2.93% +0.03
ILMN Illumina Inc. Add +1.1% 0.91% −0.04
SBUX Starbucks Corp. Add +1.6% 0.67% −0.05
PDD PDD Holdings Inc. Add +11.1% 0.40% −0.07

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 74$408.4MBIL, GH, GLD, TSLA, GOOGL
Q1 2026 74$389.3MBIL, GLD, GH, TSLA, GOOGL
Q4 2025 76$376.9MBIL, GLD, GH, TSLA, GOOGL
Q3 2025 73$369.1MBIL, GLD, NFLX, TSLA, GH
Q2 2025 72$285.8MGLD, NFLX, TLT, MP, TSLA
Q1 2025 66$289.1MGLD, NFLX, TLT, GILD, IEF
Q4 2024 69$279.6MGLD, NFLX, TLT, GOOGL, TSLA
Q3 2024 73$284.8MGLD, TLT, NFLX, META, GOOGL
Q2 2024 72$260.6MGLD, NFLX, GOOGL, META, SLB
Q1 2024 76$273.0MGLD, META, NFLX, KHC, FDX