Sprott Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Sprott Inc. reported 137 stock positions worth $1.4 billion. Its top holding was Sprott Focus Trust (FUND) at 8.2% of the portfolio, followed by Agnico Eagle Mines (AEM, 5.7%) and Osisko Gold Royalties (OR, 4.4%). Compared with Q4 2023, it opened 7 new positions, sold out of 2, added to 46 and reduced 62. The biggest buy was Sprott Focus Trust (FUND, shares +12321%) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −33%).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0001512920
Portfolio Value
$1.4B (Q1 2024)
SEC Filing
0001512920-24-000002 ↗ filed May 14, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $1.4B $1.4B Q1 2024 Q2 2024: $1.3B Q2 2024 Q3 2024: $1.6B Q3 2024 Q4 2024: $1.5B Q4 2024 Q1 2025: $1.7B Q1 2025 Q2 2025: $2.0B Q2 2025 Q3 2025: $2.7B Q3 2025 Q4 2025: $2.8B Q4 2025 Q1 2026: $3.3B Q1 2026 Q2 2026: $3.0B Q2 2026

Holdings 137 stocks · $1.4B
FUND Sprott Focus Trust Inc. 8.23% 14,203,600 $114.2M Add +12320.6%
AEM Agnico Eagle Mines Ltd. 5.66% 1,315,968 $78.5M Reduce -5.3%
OR Osisko Gold Royalties Ltd. 4.36% 3,678,684 $60.4M Reduce -3.7%
SII Sprott Inc. 3.87% 1,453,257 $53.7M Add +2364.5%
SILV Silvercrest Metals Inc. 3.84% 7,977,424 $53.2M Reduce -11.9%
EQX Equinox Gold Corp. 3.67% 8,436,032 $50.9M Add +1.7%
AGI Alamos Gold Inc. Class A 3.24% 3,047,521 $45.0M Reduce -13.2%
PAAS Pan American Silver Corp. 3.14% 2,883,168 $43.5M Reduce -5.3%
TFPM Triple Flag Precious Met 2.64% 2,528,317 $36.5M Reduce -8.1%
BRK.B Berkshire Hathaway Inc. Class B 2.57% 84,620 $35.6M Add +179.3%
GFI Gold Fields Ltd.-Spons ADR 2.44% 2,131,290 $33.9M Reduce -12.1%
PHYS Sprott Physical Gold Trust 2.37% 1,901,432 $32.9M Add +545.6%
GATO Gatos Silver Inc. 2.36% 3,899,943 $32.7M Add +11.6%
WPM Wheaton Precious Metals Corp. 2.32% 683,462 $32.2M Reduce -10.2%
NUE Nucor Corp. 2.30% 161,300 $31.9M Add +121.0%
XOM Exxon Mobil Corp. 2.06% 245,643 $28.6M Add +79.7%
BIL SS SPDR BB 1-3M T-Bill ETF 2.03% 307,315 $28.2M Reduce -33.1%
CEF Sprott Physical Gold and Sil 1.94% 1,330,822 $26.9M Add +75.0%
IAUX I-80 Gold Corp. 1.87% 19,683,630 $25.9M Reduce -12.0%
MAG Mag Silver Corp. 1.80% 2,366,656 $25.0M Reduce -23.4%
SA Seabridge Gold Inc. 1.78% 1,630,926 $24.7M Add +3.3%
FNV Franco-Nevada Corp. 1.71% 199,501 $23.8M Add +2.5%
HP Helmerich & Payne 1.68% 552,269 $23.2M Add +92.4%
VZLA Vizsla Silver Corp. 1.52% 16,022,816 $21.1M Add +0.5%
MAC COPPER LTD filed as METALS ACQUISITION LIMITED 1.39% 1,500,000 $19.3M No change
THM Intl Tower Hill Mines Ltd. filed as INTERNATIONAL TOWER HILL MIN 1.24% 25,732,537 $17.3M Add +3.9%
APAM Artisan Partners Asset Ma -A 1.24% 377,040 $17.3M Add +30.0%
FHI Federated Hermes Inc. 1.23% 472,325 $17.1M Add +57.4%
SAND Sandstorm Gold Ltd. 1.06% 2,807,249 $14.7M Reduce -30.7%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.99% 165,496 $13.8M Add +246.4%
STLD Steel Dynamics Inc. 0.97% 91,100 $13.5M Reduce -14.7%
HL Hecla Mining Co. 0.92% 2,658,222 $12.8M Reduce -0.2%
RS Reliance Inc. 0.88% 36,530 $12.2M Reduce -16.4%
PSLV Sprott Physical Silver Trust 0.83% 1,390,356 $11.5M Add +247.9%
CTGO Contango Silver & Gold Inc. 0.83% 580,607 $11.5M Add +20.9%
CALM Cal-Maine Foods Inc. 0.83% 195,000 $11.5M Reduce -4.9%
KGC Kinross Gold Corp. 0.78% 1,774,411 $10.9M Reduce -2.1%
CRUS Cirrus Logic Inc. 0.78% 117,000 $10.8M Add +290.0%
WLK Westlake Corp. 0.77% 70,000 $10.7M Reduce -22.2%
BKE The Buckle Inc. 0.77% 265,000 $10.7M No change
VSH Vishay Intertechnology Inc. 0.69% 420,000 $9.5M No change
NEM Newmont Corp. 0.64% 246,210 $8.8M Reduce -11.8%
FRPH FRP Holdings Inc. filed as FRP HLDGS INC 0.63% 142,500 $8.7M Add +5.6%
FSM Fortuna Silver Mines Inc. 0.54% 2,012,150 $7.5M Reduce -15.4%
KW Kennedy-Wilson Holdings Inc. 0.53% 861,257 $7.4M Add +40.5%
BTG B2GOLD Corp. 0.53% 2,818,349 $7.4M Reduce -55.8%
STR Sitio Royalties Corp. Class A 0.51% 286,877 $7.1M Add +2.1%
RDUS Radius Recycling Inc. Class A 0.51% 334,100 $7.1M Add +3.7%
THO Thor Industries Inc. 0.51% 60,000 $7.0M Reduce -11.1%
RGLD Royal Gold Inc. 0.50% 56,880 $6.9M Reduce -21.5%
AAPL Apple Inc. 0.48% 38,740 $6.6M Add +1520.9%
ERO Ero Copper Corp. 0.47% 337,287 $6.5M Reduce -4.0%
SLV iShares Silver Trust 0.46% 282,223 $6.4M Add +105.5%
NG Novagold Resources Inc. 0.46% 2,119,153 $6.4M No change
MMI Marcus & Millichap Inc. 0.43% 175,000 $6.0M No change
EMX Emx Royalty Corp. filed as EMX RTY CORP 0.38% 3,057,995 $5.3M Reduce -2.2%
NXE Nexgen Energy Ltd. 0.35% 624,735 $4.9M Reduce -15.7%
SGDM Sprott Gold Miners ETF 0.34% 185,353 $4.7M Add +1140.4%
B Barrick Gold Corp. 0.34% 279,508 $4.7M Reduce -1.3%
AG First Majestic Silver Corp. 0.33% 778,672 $4.6M Reduce -1.2%
CDE Coeur Mining Inc. 0.30% 1,095,079 $4.1M Add +47.8%
SKE Skeena Resources Ltd. 0.29% 859,916 $4.0M Reduce -5.4%
SGML Sigma Lithium Corp. 0.27% 292,584 $3.8M Add +2333.1%
TPL Texas Pacific Land Corp. 0.27% 6,437 $3.7M Add +6.9%
CCJ Cameco Corp. 0.26% 82,198 $3.6M Reduce -17.4%
IAG Iamgold Corp. 0.25% 1,035,103 $3.4M Reduce -5.9%
SVM Silvercorp Metals Inc. 0.23% 996,802 $3.2M Add +0.2%
AU Anglogold Ashanti PLC 0.23% 144,700 $3.2M No change
LZM Lifezone Metals Ltd. 0.19% 350,000 $2.7M No change
ASLE Aersale Corp. 0.19% 370,000 $2.7M Add +51.0%
VCSH Vanguard S/T Corp. Bond ETF 0.19% 33,700 $2.6M Reduce -7.2%
DNN Denison Mines Corp. 0.17% 1,240,108 $2.4M Reduce -3.5%
OSISKO DEVELOPMENT CORP 0.14% 909,951 $1.9M Reduce -0.6%
NTR Nutrien Ltd. 0.12% 31,611 $1.7M Add +5.7%
UEC Uranium Energy Corp. 0.12% 241,624 $1.6M Reduce -16.9%
CTVA Corteva Inc. 0.11% 27,611 $1.6M Add +6.4%
EXK Endeavour Silver Corp. 0.11% 657,684 $1.6M New
SND Smart Sand Inc. 0.10% 750,000 $1.4M No change
GBTC Grayscale Bitcoin Trust ETF 0.10% 20,861 $1.3M New
BHP BHP Group Ltd.-Spon ADR 0.09% 22,365 $1.3M Reduce -4.2%
ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW 0.08% 282,250 $1.1M Reduce -57.7%
DC Dakota Gold Corp. 0.07% 418,906 $993K Reduce -4.4%
CME Cme Group Inc. 0.07% 4,496 $968K Reduce -1.7%
LNG Cheniere Energy Inc. 0.07% 5,756 $928K Reduce -3.0%
SPPP Sprott Physical Platinum And 0.06% 85,000 $820K No change
UROY Uranium Royalty Corp. 0.06% 338,033 $808K Add +18.6%
GLD SPDR Gold Shares 0.06% 3,887 $800K Add +55.4%
PEO Adams Natural Resources Fund 0.06% 34,117 $787K No change
BAM Brookfield Asset Mgmt-A 0.06% 18,715 $786K New
PWR Quanta Services Inc. 0.05% 2,785 $724K Reduce -3.0%
FCX Freeport-McMoran Inc. 0.05% 15,204 $715K Add +2.0%
VALE Vale SA-SP ADR 0.05% 58,426 $712K Reduce -10.9%
TMQ Trilogy Metals Inc. 0.05% 1,408,168 $704K Reduce -7.7%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.05% 12,575 $654K No change
URNM Sprott Uranium Miners ETF 0.05% 12,737 $628K Reduce -3.0%
HBM Hudbay Minerals Inc. 0.04% 78,800 $552K No change
PXJ Invesco Oil & Gas Services E 0.04% 17,250 $548K No change
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 0.04% 11,096 $545K Reduce -31.6%
LAR Lithium Americas Argentina C 0.04% 99,216 $535K New
SAIC Science Applications Inte 0.04% 3,875 $505K New
CC The Chemours Co. 0.04% 18,887 $496K Reduce -6.1%
RIO Rio Tinto PLC-Spon ADR 0.03% 7,166 $457K Reduce -5.3%
AMZN Amazon.com Inc. 0.03% 2,450 $442K No change
ITRG Integra Resources Corp. 0.03% 611,252 $434K Add +129.1%
NEWP New Pacific Metals Corp. 0.03% 318,446 $432K Add +1117.7%
SETM Sprott Critical Material ETF 0.03% 24,310 $421K New
OUNZ Vaneck Merk Gold ETF 0.03% 19,488 $419K No change
SGOV iShares 0-3 Month Treasury B 0.03% 4,125 $415K Add +96.2%
TSLA Tesla Inc. 0.03% 2,250 $396K No change
AGG iShares Core U.S. Aggregate 0.03% 3,822 $374K Add +0.5%
SIVR Abrdn Physical Silver Shares 0.03% 14,763 $352K No change
EGO Eldorado Gold Corp. 0.02% 24,392 $343K Reduce -72.8%
SMG Scotts Miracle-Gro Co. 0.02% 4,187 $312K Reduce -4.5%
TECK Teck Resources Ltd.-CLS B 0.02% 6,090 $279K Reduce -11.6%
DAR Darling Ingredients Inc. 0.02% 5,990 $279K Reduce -2.9%
NVR NVR Inc. 0.02% 34 $275K Reduce -8.1%
LGO Largo Inc. 0.02% 158,243 $261K Add +0.9%
FMC FMC Corp. 0.02% 4,058 $258K Reduce -4.3%
ICE Intercontinental Exchange Inc. 0.02% 1,762 $242K Reduce -9.3%
GROY Gold Royalty Corp. 0.02% 126,178 $237K Add +4.8%
GDX Vaneck Gold Miners ETF 0.02% 7,161 $226K Reduce -3.8%
UUUU Energy Fuels Inc. 0.02% 35,369 $222K Reduce -39.1%
OXY Occidental Petroleum Corp. 0.02% 3,256 $212K New
SHEL Shell PLC-ADR 0.01% 3,100 $208K Reduce -1.6%
NIKL Sprott Nickel Miners ETF 0.01% 15,000 $191K No change
WRN Western Copper and Gold Corp. 0.01% 69,500 $106K No change
EU Encore Energy Corp. 0.01% 22,461 $98K Add +13.7%
URG Ur-Energy Inc. 0.01% 54,584 $87K Reduce -22.0%
VOXR Vox Royalty Corp. 0.01% 42,090 $87K Add +4.3%
MTA Metalla Royalty & Streaming 0.01% 25,145 $78K Reduce -12.7%
GLDG Goldmining Inc. 0.00% 78,000 $68K No change
SSRM SSR Mining Inc. 0.00% 13,225 $59K Reduce -98.7%
ARIS Aris Mining Corp. filed as ARIS MNG CORP 0.00% 14,625 $53K No change
TRX TRX Gold Corp. 0.00% 23,975 $9K No change
OSISKO DEVELOPMENT CORP 0.00% 12,498 $7K Reduce -17.6%
FURY Fury Gold Mines Ltd. 0.00% 13,579 $6K Reduce -95.8%
AAUAF Almaden Minerals Ltd. Class B 0.00% 32,870 $5K Add +2.4%
Other holdings (2): bonds, preferreds, convertibles and warrants · $509K (not counted above)
SecurityClassShares / PrincipalValueChange
LZM.WS Lifezone Metals Ltd. -28 *W EXP 07/05/202 770,723$501KReduce -0.0%
DC.WS Dakota Gold Corp.-26 *W EXP 03/15/202 10,639$9KNo change

Total filed on the 13F, all lines: $1.4B.

Portfolio Sells Q4 2023 → Q1 2024
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -33.1% 2.03% −1.75
IAUX I-80 Gold Corp. Reduce -12.0% 1.87% −1.68
SILV Silvercrest Metals Inc. Reduce -11.9% 3.84% −1.52
PAAS Pan American Silver Corp. Reduce -5.3% 3.14% −1.35
BTG B2GOLD Corp. Reduce -55.8% 0.53% −1.29
AEM Agnico Eagle Mines Ltd. Reduce -5.3% 5.66% −1.20
MAG Mag Silver Corp. Reduce -23.4% 1.80% −1.09
WPM Wheaton Precious Metals Corp. Reduce -10.2% 2.32% −1.06
AGI Alamos Gold Inc. Class A Reduce -13.2% 3.24% −1.02
SSRM SSR Mining Inc. Reduce -98.7% 0.00% −0.97
SAND Sandstorm Gold Ltd. Reduce -30.7% 1.06% −0.77
GFI Gold Fields Ltd.-Spons ADR Reduce -12.1% 2.44% −0.72
TFPM Triple Flag Precious Met Reduce -8.1% 2.64% −0.67
OR Osisko Gold Royalties Ltd. Reduce -3.7% 4.36% −0.56
NEM Newmont Corp. Reduce -11.8% 0.64% −0.41
WLK Westlake Corp. Reduce -22.2% 0.77% −0.36
RGLD Royal Gold Inc. Reduce -21.5% 0.50% −0.29
FSM Fortuna Silver Mines Inc. Reduce -15.4% 0.54% −0.29
HL Hecla Mining Co. Reduce -0.2% 0.92% −0.23
CALM Cal-Maine Foods Inc. Reduce -4.9% 0.83% −0.23
RS Reliance Inc. Reduce -16.4% 0.88% −0.22
BRY Berry Corp. Sold out 0.00% −0.22
THO Thor Industries Inc. Reduce -11.1% 0.51% −0.21
KGC Kinross Gold Corp. Reduce -2.1% 0.78% −0.20
STLD Steel Dynamics Inc. Reduce -14.7% 0.97% −0.16
CCJ Cameco Corp. Reduce -17.4% 0.26% −0.13
B Barrick Gold Corp. Reduce -1.3% 0.34% −0.13
ORLA Orla Mining Ltd. Reduce -57.7% 0.08% −0.12
NXE Nexgen Energy Ltd. Reduce -15.7% 0.35% −0.12
SKE Skeena Resources Ltd. Reduce -5.4% 0.29% −0.11
AG First Majestic Silver Corp. Reduce -1.2% 0.33% −0.11
OSISKO DEVELOPMENT CORP Reduce -0.6% 0.14% −0.10
EGO Eldorado Gold Corp. Reduce -72.8% 0.02% −0.08
EMX Emx Royalty Corp. Reduce -2.2% 0.38% −0.08
VCSH Vanguard S/T Corp. Bond ETF Reduce -7.2% 0.19% −0.07
BHP BHP Group Ltd.-Spon ADR Reduce -4.2% 0.09% −0.05
UEC Uranium Energy Corp. Reduce -16.9% 0.12% −0.05
SQM Quimica Y Minera Chil-SP ADR Reduce -31.6% 0.04% −0.05
VALE Vale SA-SP ADR Reduce -10.9% 0.05% −0.04
DC Dakota Gold Corp. Reduce -4.4% 0.07% −0.03
ERO Ero Copper Corp. Reduce -4.0% 0.47% −0.03
DNN Denison Mines Corp. Reduce -3.5% 0.17% −0.03
LNG Cheniere Energy Inc. Reduce -3.0% 0.07% −0.02
UUUU Energy Fuels Inc. Reduce -39.1% 0.02% −0.02
CC The Chemours Co. Reduce -6.1% 0.04% −0.02
RIO Rio Tinto PLC-Spon ADR Reduce -5.3% 0.03% −0.02
CME Cme Group Inc. Reduce -1.7% 0.07% −0.02
FURY Fury Gold Mines Ltd. Reduce -95.8% 0.00% −0.01
URNM Sprott Uranium Miners ETF Reduce -3.0% 0.05% −0.01
TMQ Trilogy Metals Inc. Reduce -7.7% 0.05% −0.01

Portfolio Buys Q4 2023 → Q1 2024
FUND Sprott Focus Trust Inc. Add +12320.6% 8.23% +8.15
SII Sprott Inc. Add +2364.5% 3.87% +3.69
PHYS Sprott Physical Gold Trust Add +545.6% 2.37% +1.95
BRK.B Berkshire Hathaway Inc. Class B Add +179.3% 2.57% +1.59
NUE Nucor Corp. Add +121.0% 2.30% +1.16
XOM Exxon Mobil Corp. Add +79.7% 2.06% +0.83
HP Helmerich & Payne Add +92.4% 1.68% +0.74
CF CF Industries Holdings Inc. Add +246.4% 0.99% +0.65
CEF Sprott Physical Gold and Sil Add +75.0% 1.94% +0.63
CRUS Cirrus Logic Inc. Add +290.0% 0.78% +0.56
PSLV Sprott Physical Silver Trust Add +247.9% 0.83% +0.54
AAPL Apple Inc. Add +1520.9% 0.48% +0.44
FHI Federated Hermes Inc. Add +57.4% 1.23% +0.32
SGDM Sprott Gold Miners ETF Add +1140.4% 0.34% +0.31
GATO Gatos Silver Inc. Add +11.6% 2.36% +0.30
SGML Sigma Lithium Corp. Add +2333.1% 0.27% +0.24
SLV iShares Silver Trust Add +105.5% 0.46% +0.19
EXK Endeavour Silver Corp. New 0.11% +0.11
GBTC Grayscale Bitcoin Trust ETF New 0.10% +0.10
APAM Artisan Partners Asset Ma -A Add +30.0% 1.24% +0.09
CDE Coeur Mining Inc. Add +47.8% 0.30% +0.08
BAM Brookfield Asset Mgmt-A New 0.06% +0.06
SA Seabridge Gold Inc. Add +3.3% 1.78% +0.05
CTGO Contango Silver & Gold Inc. Add +20.9% 0.83% +0.05
LAR Lithium Americas Argentina C New 0.04% +0.04
SAIC Science Applications Inte New 0.04% +0.04
SETM Sprott Critical Material ETF New 0.03% +0.03
EQX Equinox Gold Corp. Add +1.7% 3.67% +0.03
NEWP New Pacific Metals Corp. Add +1117.7% 0.03% +0.03
OXY Occidental Petroleum Corp. New 0.02% +0.02
GLD SPDR Gold Shares Add +55.4% 0.06% +0.01
SGOV iShares 0-3 Month Treasury B Add +96.2% 0.03% +0.01
ITRG Integra Resources Corp. Add +129.1% 0.03% +0.01
CTVA Corteva Inc. Add +6.4% 0.11% +0.00
GROY Gold Royalty Corp. Add +4.8% 0.02% +0.00
SVM Silvercorp Metals Inc. Add +0.2% 0.23% +0.00
EU Encore Energy Corp. Add +13.7% 0.01% +0.00
AAUAF Almaden Minerals Ltd. Class B Add +2.4% 0.00% −0.00
VOXR Vox Royalty Corp. Add +4.3% 0.01% −0.00
FCX Freeport-McMoran Inc. Add +2.0% 0.05% −0.01
AGG iShares Core U.S. Aggregate Add +0.5% 0.03% −0.01
UROY Uranium Royalty Corp. Add +18.6% 0.06% −0.01
LGO Largo Inc. Add +0.9% 0.02% −0.01
TPL Texas Pacific Land Corp. Add +6.9% 0.27% −0.02
NTR Nutrien Ltd. Add +5.7% 0.12% −0.03
THM Intl Tower Hill Mines Ltd. Add +3.9% 1.24% −0.05
STR Sitio Royalties Corp. Class A Add +2.1% 0.51% −0.08
ASLE Aersale Corp. Add +51.0% 0.19% −0.09
FRPH FRP Holdings Inc. Add +5.6% 0.63% −0.13
KW Kennedy-Wilson Holdings Inc. Add +40.5% 0.53% −0.15

Notes & Other Activity Q4 2023 → Q1 2024
LZM.WS Lifezone Metals Ltd. -28 *W EXP 07/05/202 Reduce -0.0% 770,723 $501K
GROY.WS Gold Royalty Corp. -CW27 *W EXP 99/99/999 Sold out 226,700 $2Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 246$3.0BSII, FUND, AEM, CDE, BIL
Q1 2026 223$3.3BSII, FUND, AEM, EQX, CDE
Q4 2025 201$2.8BSII, EQX, FUND, CDE, AEM
Q3 2025 190$2.7BCDE, AEM, SII, WPM, FUND
Q2 2025 192$2.0BAEM, FUND, SII, WPM, OR
Q1 2025 187$1.7BAEM, FUND, WPM, PAAS, SII
Q4 2024 181$1.5BFUND, AEM, SII, SILV, OR
Q3 2024 145$1.6BFUND, AEM, SILV, OR, SII
Q2 2024 136$1.3BFUND, AEM, SILV, SII, PAAS
Q1 2024 137$1.4BFUND, AEM, OR, SII, SILV