TSP Capital Management Group, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 23, 2024), TSP Capital Management Group, LLC reported 48 stock positions worth $319.0 million. Its top holding was Maui Land & Pineapple (MLP) at 7.9% of the portfolio, followed by New Gold (NGD, 5.8%) and Novavax (NVAX, 5.5%). Compared with Q1 2024, it added to 14 and reduced 25. The biggest buy was Novavax (NVAX, shares +0%) and the biggest sale Cia DE Minas Buenaventur-ADR (BVN, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- Summit, NJ
- CIK
- 0001317208
- Portfolio Value
- $319.0M (Q2 2024)
- SEC Filing
- 0001172661-24-002858 ↗ filed Jul 23, 2024
Holdings Value
Holdings 48 stocks · $319.0M
| MLP Maui Land & Pineapple Co. filed as MAUI LD & PINEAPPLE INC | 7.90% | 1,143,431 | $25.2M | Reduce -4.8% |
| NGD New Gold Inc. | 5.75% | 9,405,750 | $18.3M | Reduce -13.5% |
| NVAX Novavax Inc. | 5.47% | 1,377,125 | $17.4M | Add +0.0% |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 5.39% | 1,014,843 | $17.2M | Reduce -18.2% |
| LLY Eli Lilly & Co. | 5.33% | 18,785 | $17.0M | Reduce -7.7% |
| CIG Cia Energetica DE-Spon ADR | 5.12% | 9,275,251 | $16.3M | Add +26.8% |
| XYL Xylem Inc. | 4.64% | 109,168 | $14.8M | Reduce -3.5% |
| SLV iShares Silver Trust | 4.00% | 480,275 | $12.8M | Reduce -3.4% |
| CWCO Consolidated Water Co.-Ord SH | 3.92% | 471,050 | $12.5M | Reduce -4.3% |
| MNKD Mannkind Corp. | 3.91% | 2,391,900 | $12.5M | Add +196.0% |
| CTVA Corteva Inc. | 3.65% | 215,810 | $11.6M | Add +0.0% |
| ADEA Adeia Inc. | 3.53% | 1,007,178 | $11.3M | Reduce -1.9% |
| FCX Freeport-McMoran Inc. | 3.30% | 216,880 | $10.5M | Reduce -2.8% |
| AMX America Movil Sab DE CV | 3.25% | 609,017 | $10.4M | Reduce -2.2% |
| GLD SPDR Gold Shares | 3.24% | 48,120 | $10.3M | Reduce -2.8% |
| WM Waste Management Inc. | 3.22% | 48,200 | $10.3M | Reduce -0.5% |
| WBD Warner Bros Discovery Inc. | 2.90% | 1,242,573 | $9.2M | Add +0.5% |
| CLDX Celldex Therapeutics Inc. | 2.89% | 249,220 | $9.2M | No change |
| NOK Nokia Corp.-Spon ADR | 2.59% | 2,181,292 | $8.2M | Add +0.1% |
| MSEX Middlesex Water Co. | 1.80% | 109,635 | $5.7M | Reduce -2.7% |
| BGH Barings GLBL SHRT Dur Hi YLD | 1.73% | 381,871 | $5.5M | Reduce -2.5% |
| NEM Newmont Corp. | 1.63% | 124,458 | $5.2M | Reduce -5.5% |
| MPV Barings Participation Invest | 1.53% | 295,949 | $4.9M | Reduce -3.5% |
| CDE Coeur Mining Inc. | 1.48% | 840,300 | $4.7M | Reduce -10.9% |
| SBSW Sibanye-Stillwater Ltd.-ADR | 1.30% | 950,925 | $4.1M | Add +0.2% |
| MRK Merck & Co. Inc. | 1.23% | 31,676 | $3.9M | Reduce -9.2% |
| SSYS Stratasys Ltd. | 1.17% | 443,400 | $3.7M | Add +3.7% |
| KYN Kayne Anderson Energy Infra | 0.89% | 276,025 | $2.9M | Reduce -1.7% |
| TMQ Trilogy Metals Inc. | 0.80% | 4,997,500 | $2.5M | Reduce -0.6% |
| XPER Xperi Inc. | 0.74% | 286,024 | $2.3M | Add +0.4% |
| WU Western Union Co. | 0.73% | 190,372 | $2.3M | Add +1.8% |
| HPI John Hancock Prefer Inc. | 0.66% | 126,865 | $2.1M | Add +1.1% |
| DUK Duke Energy Corp. | 0.56% | 17,706 | $1.8M | Reduce -10.1% |
| MCI Barings Corporate Investors | 0.52% | 89,492 | $1.7M | Add +0.1% |
| ENB Enbridge Inc. | 0.50% | 45,116 | $1.6M | Reduce -0.9% |
| AWK American Water Works Co. Inc. | 0.43% | 10,525 | $1.4M | No change |
| PFE Pfizer Inc. | 0.39% | 44,700 | $1.3M | No change |
| KRP Kimbell Royalty Partners LP | 0.35% | 69,000 | $1.1M | No change |
| XOM Exxon Mobil Corp. | 0.32% | 8,845 | $1.0M | Reduce -16.9% |
| BMY Bristol-Myers Squibb Co. | 0.28% | 21,592 | $897K | Reduce -24.4% |
| CSCO Cisco Systems Inc. | 0.19% | 12,850 | $611K | No change |
| GLW Corning Inc. | 0.18% | 15,000 | $583K | No change |
| SAND Sandstorm Gold Ltd. | 0.13% | 77,500 | $422K | No change |
| WY Weyerhaeuser Co. | 0.11% | 12,611 | $358K | Add +1.2% |
| PBI Pitney Bowes Inc. | 0.11% | 69,200 | $352K | No change |
| CAG Conagra Brands Inc. | 0.11% | 11,850 | $337K | Reduce -25.2% |
| ASSERTIO HOLDINGS INC | 0.08% | 218,325 | $271K | Add +1.8% |
| LICYQ Li-Cycle Holdings Corp. | 0.02% | 10,500 | $69K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| BVN Cia DE Minas Buenaventur-ADR | Reduce -18.2% | 5.39% | −0.95 |
| CWCO Consolidated Water Co.-Ord SH | Reduce -4.3% | 3.92% | −0.72 |
| AMX America Movil Sab DE CV | Reduce -2.2% | 3.25% | −0.49 |
| MLP Maui Land & Pineapple Co. | Reduce -4.8% | 7.90% | −0.47 |
| MRK Merck & Co. Inc. | Reduce -9.2% | 1.23% | −0.25 |
| BMY Bristol-Myers Squibb Co. | Reduce -24.4% | 0.28% | −0.22 |
| NGD New Gold Inc. | Reduce -13.5% | 5.75% | −0.20 |
| MSEX Middlesex Water Co. | Reduce -2.7% | 1.80% | −0.11 |
| WM Waste Management Inc. | Reduce -0.5% | 3.22% | −0.10 |
| XOM Exxon Mobil Corp. | Reduce -16.9% | 0.32% | −0.08 |
| ADEA Adeia Inc. | Reduce -1.9% | 3.53% | −0.08 |
| BGH Barings GLBL SHRT Dur Hi YLD | Reduce -2.5% | 1.73% | −0.07 |
| FCX Freeport-McMoran Inc. | Reduce -2.8% | 3.30% | −0.07 |
| XYL Xylem Inc. | Reduce -3.5% | 4.64% | −0.06 |
| MPV Barings Participation Invest | Reduce -3.5% | 1.53% | −0.06 |
| DUK Duke Energy Corp. | Reduce -10.1% | 0.56% | −0.06 |
| CAG Conagra Brands Inc. | Reduce -25.2% | 0.11% | −0.05 |
| GLD SPDR Gold Shares | Reduce -2.8% | 3.24% | −0.03 |
| ENB Enbridge Inc. | Reduce -0.9% | 0.50% | −0.03 |
| TMQ Trilogy Metals Inc. | Reduce -0.6% | 0.80% | −0.01 |
| KYN Kayne Anderson Energy Infra | Reduce -1.7% | 0.89% | −0.01 |
| NEM Newmont Corp. | Reduce -5.5% | 1.63% | +0.11 |
| LLY Eli Lilly & Co. | Reduce -7.7% | 5.33% | +0.24 |
| CDE Coeur Mining Inc. | Reduce -10.9% | 1.48% | +0.34 |
| SLV iShares Silver Trust | Reduce -3.4% | 4.00% | +0.36 |
Portfolio Buys Q1 2024 → Q2 2024
| NVAX Novavax Inc. | Add +0.0% | 5.47% | +3.35 |
| MNKD Mannkind Corp. | Add +196.0% | 3.91% | +2.74 |
| NOK Nokia Corp.-Spon ADR | Add +0.1% | 2.59% | +0.10 |
| MCI Barings Corporate Investors | Add +0.1% | 0.52% | +0.03 |
| ASSERTIO HOLDINGS INC | Add +1.8% | 0.08% | +0.02 |
| HPI John Hancock Prefer Inc. | Add +1.1% | 0.66% | −0.01 |
| WY Weyerhaeuser Co. | Add +1.2% | 0.11% | −0.03 |
| WU Western Union Co. | Add +1.8% | 0.73% | −0.11 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Add +0.2% | 1.30% | −0.14 |
| CTVA Corteva Inc. | Add +0.0% | 3.65% | −0.36 |
| XPER Xperi Inc. | Add +0.4% | 0.74% | −0.37 |
| SSYS Stratasys Ltd. | Add +3.7% | 1.17% | −0.43 |
| WBD Warner Bros Discovery Inc. | Add +0.5% | 2.90% | −0.58 |
| CIG Cia Energetica DE-Spon ADR | Add +26.8% | 5.12% | −0.70 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 43 | $418.0M | ADEA, CDE, NOK, TMQ, BVN |
| Q1 2026 | 0 | $0 | |
| Q4 2025 | 0 | $0 | |
| Q3 2025 | 44 | $373.7M | NGD, BVN, MLP, SBSW, CIG |
| Q2 2025 | 0 | $0 | |
| Q1 2025 | 46 | $303.9M | NGD, MLP, CIG, BVN, SLV |
| Q4 2024 | 47 | $294.4M | MLP, CIG, MNKD, NGD, ADEA |
| Q3 2024 | 47 | $323.3M | MLP, CIG, NGD, NVAX, LLY |
| Q2 2024 | 48 | $319.0M | MLP, NGD, NVAX, BVN, LLY |
| Q1 2024 | 48 | $310.7M | MLP, BVN, NGD, CIG, LLY |