TSP Capital Management Group, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 15, 2024), TSP Capital Management Group, LLC reported 47 stock positions worth $323.3 million. Its top holding was Maui Land & Pineapple (MLP) at 7.8% of the portfolio, followed by Cia Energetica DE-Spon ADR (CIG, 5.9%) and New Gold (NGD, 5.9%). Compared with Q2 2024, it sold out of 1, added to 10 and reduced 28. The biggest buy was Western Union (WU, shares +173%) and the biggest sale America Movil Sab DE CV (AMX, shares −57%).
- Most Recent 13F
- Q2 2026
- Location
- Summit, NJ
- CIK
- 0001317208
- Portfolio Value
- $323.3M (Q3 2024)
- SEC Filing
- 0001172661-24-004258 ↗ filed Oct 15, 2024
Holdings Value
Holdings 47 stocks · $323.3M
| MLP Maui Land & Pineapple Co. filed as MAUI LD & PINEAPPLE INC | 7.75% | 1,116,481 | $25.1M | Reduce -2.4% |
| CIG Cia Energetica DE-Spon ADR | 5.88% | 9,226,710 | $19.0M | Reduce -0.5% |
| NGD New Gold Inc. | 5.86% | 6,577,800 | $18.9M | Reduce -30.1% |
| NVAX Novavax Inc. | 5.28% | 1,350,865 | $17.1M | Reduce -1.9% |
| LLY Eli Lilly & Co. | 5.12% | 18,675 | $16.5M | Reduce -0.6% |
| MNKD Mannkind Corp. | 4.89% | 2,513,750 | $15.8M | Add +5.1% |
| XYL Xylem Inc. | 4.52% | 108,146 | $14.6M | Reduce -0.9% |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 4.33% | 1,011,543 | $14.0M | Reduce -0.3% |
| SLV iShares Silver Trust | 4.18% | 475,905 | $13.5M | Reduce -0.9% |
| CTVA Corteva Inc. | 3.92% | 215,443 | $12.7M | Reduce -0.2% |
| ADEA Adeia Inc. | 3.80% | 1,032,674 | $12.3M | Add +2.5% |
| CWCO Consolidated Water Co.-Ord SH | 3.68% | 472,100 | $11.9M | Add +0.2% |
| GLD SPDR Gold Shares | 3.44% | 45,770 | $11.1M | Reduce -4.9% |
| FCX Freeport-McMoran Inc. | 3.34% | 216,355 | $10.8M | Reduce -0.2% |
| NOK Nokia Corp.-Spon ADR | 2.98% | 2,202,842 | $9.6M | Add +1.0% |
| WM Waste Management Inc. | 2.74% | 42,690 | $8.9M | Reduce -11.4% |
| CLDX Celldex Therapeutics Inc. | 2.61% | 247,820 | $8.4M | Reduce -0.6% |
| MSEX Middlesex Water Co. | 2.21% | 109,638 | $7.2M | Add +0.0% |
| SSYS Stratasys Ltd. | 2.20% | 855,000 | $7.1M | Add +92.8% |
| NEM Newmont Corp. | 2.06% | 124,458 | $6.7M | No change |
| WU Western Union Co. | 1.92% | 519,287 | $6.2M | Add +172.8% |
| BGH Barings GLBL SHRT Dur Hi YLD | 1.79% | 380,199 | $5.8M | Reduce -0.4% |
| MPV Barings Participation Invest | 1.55% | 295,096 | $5.0M | Reduce -0.3% |
| CDE Coeur Mining Inc. | 1.52% | 716,600 | $4.9M | Reduce -14.7% |
| WBD Warner Bros Discovery Inc. | 1.33% | 522,373 | $4.3M | Reduce -58.0% |
| AMX America Movil Sab DE CV | 1.33% | 262,770 | $4.3M | Reduce -56.9% |
| SBSW Sibanye-Stillwater Ltd.-ADR | 1.26% | 993,775 | $4.1M | Add +4.5% |
| MRK Merck & Co. Inc. | 1.08% | 30,726 | $3.5M | Reduce -3.0% |
| KYN Kayne Anderson Energy Infra | 0.93% | 273,250 | $3.0M | Reduce -1.0% |
| TMQ Trilogy Metals Inc. | 0.78% | 5,222,500 | $2.5M | Add +4.5% |
| HPI John Hancock Prefer Inc. | 0.74% | 127,015 | $2.4M | Add +0.1% |
| XPER Xperi Inc. | 0.69% | 240,798 | $2.2M | Reduce -15.8% |
| DUK Duke Energy Corp. | 0.63% | 17,579 | $2.0M | Reduce -0.7% |
| ENB Enbridge Inc. | 0.56% | 44,771 | $1.8M | Reduce -0.8% |
| MCI Barings Corporate Investors | 0.54% | 87,869 | $1.8M | Reduce -1.8% |
| AWK American Water Works Co. Inc. | 0.45% | 9,925 | $1.5M | Reduce -5.7% |
| PFE Pfizer Inc. | 0.40% | 44,700 | $1.3M | No change |
| BMY Bristol-Myers Squibb Co. | 0.35% | 21,592 | $1.1M | No change |
| KRP Kimbell Royalty Partners LP | 0.34% | 68,850 | $1.1M | Reduce -0.2% |
| GLW Corning Inc. | 0.21% | 15,000 | $677K | No change |
| CSCO Cisco Systems Inc. | 0.19% | 11,450 | $609K | Reduce -10.9% |
| PBI Pitney Bowes Inc. | 0.15% | 69,200 | $493K | No change |
| SAND Sandstorm Gold Ltd. | 0.14% | 77,500 | $465K | No change |
| WY Weyerhaeuser Co. | 0.13% | 12,611 | $427K | No change |
| CAG Conagra Brands Inc. | 0.12% | 11,850 | $385K | No change |
| ASSERTIO HOLDINGS INC | 0.08% | 216,625 | $256K | Reduce -0.8% |
| LICYQ Li-Cycle Holdings Corp. | 0.01% | 10,500 | $23K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| AMX America Movil Sab DE CV | Reduce -56.9% | 1.33% | −1.92 |
| WBD Warner Bros Discovery Inc. | Reduce -58.0% | 1.33% | −1.57 |
| BVN Cia DE Minas Buenaventur-ADR | Reduce -0.3% | 4.33% | −1.06 |
| WM Waste Management Inc. | Reduce -11.4% | 2.74% | −0.48 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.32 |
| CLDX Celldex Therapeutics Inc. | Reduce -0.6% | 2.61% | −0.29 |
| LLY Eli Lilly & Co. | Reduce -0.6% | 5.12% | −0.21 |
| NVAX Novavax Inc. | Reduce -1.9% | 5.28% | −0.19 |
| MLP Maui Land & Pineapple Co. | Reduce -2.4% | 7.75% | −0.15 |
| MRK Merck & Co. Inc. | Reduce -3.0% | 1.08% | −0.15 |
| XYL Xylem Inc. | Reduce -0.9% | 4.52% | −0.13 |
| XPER Xperi Inc. | Reduce -15.8% | 0.69% | −0.05 |
| KRP Kimbell Royalty Partners LP | Reduce -0.2% | 0.34% | −0.01 |
| ASSERTIO HOLDINGS INC | Reduce -0.8% | 0.08% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -10.9% | 0.19% | −0.00 |
| MPV Barings Participation Invest | Reduce -0.3% | 1.55% | +0.01 |
| MCI Barings Corporate Investors | Reduce -1.8% | 0.54% | +0.02 |
| AWK American Water Works Co. Inc. | Reduce -5.7% | 0.45% | +0.02 |
| KYN Kayne Anderson Energy Infra | Reduce -1.0% | 0.93% | +0.04 |
| FCX Freeport-McMoran Inc. | Reduce -0.2% | 3.34% | +0.04 |
| CDE Coeur Mining Inc. | Reduce -14.7% | 1.52% | +0.04 |
| BGH Barings GLBL SHRT Dur Hi YLD | Reduce -0.4% | 1.79% | +0.06 |
| ENB Enbridge Inc. | Reduce -0.8% | 0.56% | +0.06 |
| DUK Duke Energy Corp. | Reduce -0.7% | 0.63% | +0.07 |
| NGD New Gold Inc. | Reduce -30.1% | 5.86% | +0.11 |
| SLV iShares Silver Trust | Reduce -0.9% | 4.18% | +0.18 |
| GLD SPDR Gold Shares | Reduce -4.9% | 3.44% | +0.20 |
| CTVA Corteva Inc. | Reduce -0.2% | 3.92% | +0.27 |
| CIG Cia Energetica DE-Spon ADR | Reduce -0.5% | 5.88% | +0.76 |
Portfolio Buys Q2 2024 → Q3 2024
| WU Western Union Co. | Add +172.8% | 1.92% | +1.19 |
| SSYS Stratasys Ltd. | Add +92.8% | 2.20% | +1.03 |
| MNKD Mannkind Corp. | Add +5.1% | 4.89% | +0.98 |
| MSEX Middlesex Water Co. | Add +0.0% | 2.21% | +0.42 |
| NOK Nokia Corp.-Spon ADR | Add +1.0% | 2.98% | +0.39 |
| ADEA Adeia Inc. | Add +2.5% | 3.80% | +0.27 |
| HPI John Hancock Prefer Inc. | Add +0.1% | 0.74% | +0.08 |
| TMQ Trilogy Metals Inc. | Add +4.5% | 0.78% | −0.02 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Add +4.5% | 1.26% | −0.03 |
| CWCO Consolidated Water Co.-Ord SH | Add +0.2% | 3.68% | −0.24 |
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 |