Equinox Partners Investment Management LLC Diversified Active

CIK: 0000938552 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $191,486 (100.0% shares, 0.0% debt)

Holdings (12)

New Positions (3)

VIST VISTA ENERGY S.A.B. DE C.V. 3.8%

Value ($000) $7,317 Shares 150,367 Est. Cost $48.66 Unrealized —

IAUX/WS I-80 GOLD CORP 2.7%

Value ($000) $5,263 Shares 5,600,000 Est. Cost $0.94 Unrealized —

PDS PRECISION DRILLING CORP 1.1%

Value ($000) $2,161 Shares 30,111 Est. Cost $61.41 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VIST	VISTA ENERGY S.A.B. DE C.V.	150,367	$7,317	3.8%	$48.66	—	SPONSORED ADS	92837L109
IAUX/WS	I-80 GOLD CORP	5,600,000	$5,263	2.7%	$0.94	—	*W EXP 11/16/202	44955L155
PDS	PRECISION DRILLING CORP	30,111	$2,161	1.1%	$61.41	0.0%	COM NEW	74022D407

Increased Positions (3)

NEWP NEW PAC METALS CORP 10.3%

Value ($000) $19,781 (+159.0%) Shares 5,656,045 (+100.1%) Est. Cost $2.30 Unrealized +19.1%

KOS KOSMOS ENERGY LTD 9.2%

Value ($000) $17,667 (-40.1%) Shares 19,469,980 (+9.5%) Est. Cost $4.20 Unrealized -68.6%

GTE GRAN TIERRA ENERGY INC 14.1%

Value ($000) $27,057 (+22.0%) Shares 6,381,471 (+25.2%) Est. Cost $6.23 Unrealized -32.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NEWP	NEW PAC METALS CORP	5,656,045 (+100.1%)	$19,781 (+159.0%)	10.3%	$2.30	+19.1%	COM	64782A107
KOS	KOSMOS ENERGY LTD	19,469,980 (+9.5%)	$17,667 (-40.1%)	9.2%	$4.20	-68.6%	COM	500688106
GTE	GRAN TIERRA ENERGY INC	6,381,471 (+25.2%)	$27,057 (+22.0%)	14.1%	$6.23	-32.3%	COM	38500T200

Decreased Positions (6)

EGO ELDORADO GOLD CORP NEW 5.6%

Value ($000) $10,688 (-43.3%) Shares 297,546 (-54.4%) Est. Cost $12.49 Unrealized +139.7%

VZLA VIZSLA SILVER CORP 10.0%

Value ($000) $19,148 (-26.0%) Shares 3,494,700 (-41.7%) Est. Cost $1.61 Unrealized +192.3%

ITRG INTEGRA RES CORP 12.4%

Value ($000) $23,695 (+29.5%) Shares 5,891,437 (-6.1%) Est. Cost $0.89 Unrealized +279.6%

ODV OSISKO DEVELOPMENT CORP 1.0%

Value ($000) $1,944 (-64.6%) Shares 573,739 (-64.3%) Est. Cost $4.43 Unrealized -22.5%

PSLV SPROTT ASSET MANAGEMENT LP 11.3%

Value ($000) $21,571 (-6.7%) Shares 912,100 (-38.1%) Est. Cost $10.89 Unrealized —

GAU GALIANO GOLD INC 18.4%

Value ($000) $35,195 (+2.7%) Shares 13,840,778 (-11.9%) Est. Cost $0.81 Unrealized +204.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EGO	ELDORADO GOLD CORP NEW	297,546 (-54.4%)	$10,688 (-43.3%)	5.6%	$12.49	+139.7%	COM	284902509
VZLA	VIZSLA SILVER CORP	3,494,700 (-41.7%)	$19,148 (-26.0%)	10.0%	$1.61	+192.3%	COM NEW	92859G608
ITRG	INTEGRA RES CORP	5,891,437 (-6.1%)	$23,695 (+29.5%)	12.4%	$0.89	+279.6%	COM	45826T509
ODV	OSISKO DEVELOPMENT CORP	573,739 (-64.3%)	$1,944 (-64.6%)	1.0%	$4.43	-22.5%	COM NEW	68828E809
PSLV	SPROTT ASSET MANAGEMENT LP	912,100 (-38.1%)	$21,571 (-6.7%)	11.3%	$10.89	—	PHYSICAL SILVER	85207K107
GAU	GALIANO GOLD INC	13,840,778 (-11.9%)	$35,195 (+2.7%)	18.4%	$0.81	+204.5%	COM	36352H100