Sicart Associates LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 25, 2024), Sicart Associates LLC reported 73 stock positions worth $284.8 million. Its top holding was SPDR Gold Shares (GLD) at 8.2% of the portfolio, followed by iShares 20+ Year Treasury BD (TLT, 5.9%) and Netflix (NFLX, 4.8%). Compared with Q2 2024, it opened 8 new positions, sold out of 7, added to 10 and reduced 25. The biggest buy was a new position in iShares 20+ Year Treasury BD (TLT) and the biggest sale an exit from PayPal (PYPL).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001696494
Portfolio Value
$284.8M (Q3 2024)
SEC Filing
0001085146-24-005159 ↗ filed Oct 25, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $273.0M Q1 2024 Q2 2024: $260.6M Q2 2024 Q3 2024: $284.8M $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 73 stocks · $284.8M
GLD SPDR Gold Shares 8.23% 96,402 $23.4M Reduce -0.2%
TLT iShares 20+ Year Treasury BD 5.86% 169,964 $16.7M New
NFLX Netflix Inc. 4.79% 19,216 $13.6M Reduce -0.7%
META Meta Platforms Inc. Class A 3.72% 18,514 $10.6M Reduce -3.7%
GOOGL Alphabet Inc. Class A 3.44% 59,118 $9.8M Reduce -1.2%
GILD Gilead Sciences Inc. 3.24% 110,130 $9.2M No change
KHC The Kraft Heinz Co. 3.16% 256,441 $9.0M Reduce -6.4%
SYY Sysco Corp. 3.10% 113,120 $8.8M Reduce -0.3%
BG Bunge Global SA 2.99% 87,991 $8.5M Reduce -1.4%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 2.98% 201,012 $8.5M Reduce -0.8%
ILMN Illumina Inc. 2.92% 63,862 $8.3M Add +0.2%
FDX FedEx Corp. 2.88% 29,781 $8.2M Reduce -1.3%
TRGP Targa Resources Corp. 2.83% 54,351 $8.0M Reduce -0.9%
IONS Ionis Pharmaceuticals Inc. 2.69% 191,523 $7.7M No change
MDT Medtronic PLC 2.50% 78,460 $7.1M Add +0.1%
ABNB Airbnb Inc. Class A 2.47% 55,542 $7.0M Reduce -0.0%
TSLA Tesla Inc. 2.47% 26,860 $7.0M Add +0.4%
IBB iShares Biotechnology ETF 2.43% 47,478 $6.9M No change
MP MP Materials Corp. 2.38% 384,779 $6.8M Reduce -0.8%
WFC Wells Fargo & Co. 2.35% 118,325 $6.7M Reduce -2.1%
ALB Albemarle Corp. 2.27% 67,986 $6.5M Add +0.3%
GLW Corning Inc. 1.96% 123,419 $5.6M Reduce -0.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.94% 57,508 $5.5M No change
KO The Coca-Cola Co. 1.87% 73,787 $5.3M Reduce -5.6%
ADBE Adobe Inc. 1.77% 9,730 $5.0M No change
AAPL Apple Inc. 1.69% 20,664 $4.8M No change
NTR Nutrien Ltd. 1.54% 89,974 $4.4M Add +0.2%
ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN 1.45% 59,081 $4.1M No change
INTC Intel Corp. 1.42% 172,544 $4.0M Reduce -3.1%
CLX Clorox Company 1.40% 24,525 $4.0M No change
BIL SS SPDR BB 1-3M T-Bill ETF 1.37% 42,469 $3.9M Add +30.8%
CPB The Campbell's Company filed as CAMPBELL SOUP CO 1.28% 74,710 $3.7M No change
GH Guardant Health Inc. 1.18% 146,303 $3.4M Add +0.2%
MOS The Mosaic Co. 1.12% 119,127 $3.2M Reduce -2.6%
FSM Fortuna Mining Corp. 1.11% 684,883 $3.2M New
T AT&T Inc. 1.01% 130,492 $2.9M Reduce -0.1%
VXUS Vanguard Total Intl Stock 0.95% 41,967 $2.7M No change
IEF iShares 7-10 Year Treasury B 0.83% 24,216 $2.4M New
SBUX Starbucks Corp. 0.68% 19,873 $1.9M Add +0.5%
PDD PDD Holdings Inc. 0.44% 9,349 $1.3M No change
AMZN Amazon.com Inc. 0.39% 6,007 $1.1M No change
PSLV Sprott Physical Silver Trust 0.38% 104,737 $1.1M Reduce -3.9%
MCD McDonald's Corp. 0.37% 3,450 $1.1M No change
WBA Walgreens Boots Alliance Inc. 0.33% 106,409 $953K Reduce -0.1%
CGON CG Oncology Inc. 0.33% 25,000 $943K No change
ALGN Align Technology Inc. 0.33% 3,673 $934K Reduce -0.6%
SLV iShares Silver Trust 0.28% 28,018 $796K No change
SHV iShares 0-1 Year Treasury Bo 0.26% 6,650 $736K No change
XOM Exxon Mobil Corp. 0.18% 4,472 $524K Reduce -3.9%
XBI SS SPDR S&P Biotech ETF 0.18% 5,303 $524K Add +3.9%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.18% 1,624 $523K Add +93.1%
VOO Vanguard S&P 500 ETF 0.18% 982 $520K No change
JNJ Johnson & Johnson 0.16% 2,760 $447K No change
CB Chubb Ltd. 0.15% 1,510 $437K No change
MSFT Microsoft Corp. 0.14% 926 $398K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.13% 5,000 $359K Reduce -50.0%
ROK Rockwell Automation Inc. 0.12% 1,250 $336K No change
JPM JPMorgan Chase & Co. 0.10% 1,385 $292K No change
EMR Emerson Electric Co. 0.10% 2,596 $284K No change
HD Home Depot Inc. 0.10% 700 $284K No change
GOOG Alphabet Inc. Class C 0.10% 1,640 $274K No change
IWD iShares Russell 1000 Value E 0.09% 1,347 $256K Reduce -14.4%
AFL Aflac Inc. 0.08% 2,098 $235K New
VONG Vanguard Russell 1000 Growth 0.08% 2,396 $231K No change
RBLX Roblox Corp. Class A 0.08% 4,930 $218K New
XYZ Block Inc. 0.08% 3,230 $217K No change
QQQ Invesco QQQ Trust Series 1 0.07% 431 $211K Reduce -6.5%
IWF iShares Russell 1000 Growth 0.07% 544 $204K New
NEE Nextera Energy Inc. 0.07% 2,400 $203K New
GRAL Grail Inc. 0.05% 10,568 $145K No change
KGC Kinross Gold Corp. 0.05% 15,500 $145K No change
BTG B2GOLD Corp. 0.02% 22,000 $68K No change
LKCOF Luokung Technology Corp. 0.02% 21,172 $53K New

Portfolio Sells Q2 2024 → Q3 2024
PYPL PayPal Holdings Inc. Sold out 0.00% −1.13
MA Mastercard Inc. Class A Sold out 0.00% −0.93
ABNB Airbnb Inc. Class A Reduce -0.0% 2.47% −0.76
GOOGL Alphabet Inc. Class A Reduce -1.2% 3.44% −0.74
SLB SLB Ltd. Reduce -0.8% 2.98% −0.71
INTC Intel Corp. Reduce -3.1% 1.42% −0.70
BG Bunge Global SA Reduce -1.4% 2.99% −0.67
FDX FedEx Corp. Reduce -1.3% 2.88% −0.61
TRIP Tripadvisor Inc. Sold out 0.00% −0.46
WFC Wells Fargo & Co. Reduce -2.1% 2.35% −0.41
MOS The Mosaic Co. Reduce -2.6% 1.12% −0.24
NFLX Netflix Inc. Reduce -0.7% 4.79% −0.23
KHC The Kraft Heinz Co. Reduce -6.4% 3.16% −0.23
WBA Walgreens Boots Alliance Inc. Reduce -0.1% 0.33% −0.16
SONIM TECHNOLOGIES INC Sold out 0.00% −0.16
BNY Bank of New York Mellon Corp. Reduce -50.0% 0.13% −0.10
MTB M & T Bank Corp. Sold out 0.00% −0.09
KO The Coca-Cola Co. Reduce -5.6% 1.87% −0.05
LUOKUNG TECHNOLOGY CORP Sold out 0.00% −0.04
PROSHARES TR Sold out 0.00% −0.04
PSLV Sprott Physical Silver Trust Reduce -3.9% 0.38% −0.03
XOM Exxon Mobil Corp. Reduce -3.9% 0.18% −0.02
IWD iShares Russell 1000 Value E Reduce -14.4% 0.09% −0.02
ALGN Align Technology Inc. Reduce -0.6% 0.33% −0.01
QQQ Invesco QQQ Trust Series 1 Reduce -6.5% 0.07% −0.01
SYY Sysco Corp. Reduce -0.3% 3.10% −0.01
META Meta Platforms Inc. Class A Reduce -3.7% 3.72% 0.00
T AT&T Inc. Reduce -0.1% 1.01% +0.05
GLW Corning Inc. Reduce -0.8% 1.96% +0.10
TRGP Targa Resources Corp. Reduce -0.9% 2.83% +0.11
GLD SPDR Gold Shares Reduce -0.2% 8.23% +0.26
MP MP Materials Corp. Reduce -0.8% 2.38% +0.49

Portfolio Buys Q2 2024 → Q3 2024
TLT iShares 20+ Year Treasury BD New 5.86% +5.86
FSM Fortuna Mining Corp. New 1.11% +1.11
IEF iShares 7-10 Year Treasury B New 0.83% +0.83
TSLA Tesla Inc. Add +0.4% 2.47% +0.44
ILMN Illumina Inc. Add +0.2% 2.92% +0.37
BIL SS SPDR BB 1-3M T-Bill ETF Add +30.8% 1.37% +0.23
MDT Medtronic PLC Add +0.1% 2.50% +0.11
SBUX Starbucks Corp. Add +0.5% 0.68% +0.09
AFL Aflac Inc. New 0.08% +0.08
MGK Vngrd Mrgstr MG CP GR ETF-Ui Add +93.1% 0.18% +0.08
RBLX Roblox Corp. Class A New 0.08% +0.08
IWF iShares Russell 1000 Growth New 0.07% +0.07
NEE Nextera Energy Inc. New 0.07% +0.07
LKCOF Luokung Technology Corp. New 0.02% +0.02
XBI SS SPDR S&P Biotech ETF Add +3.9% 0.18% +0.00
ALB Albemarle Corp. Add +0.3% 2.27% −0.23
NTR Nutrien Ltd. Add +0.2% 1.54% −0.23
GH Guardant Health Inc. Add +0.2% 1.18% −0.44

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