Merk Investments LLC Long-Term Concentrated

CIK: 0001302842 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 16, 2020

Total Value ($000): $166,371 (100.0% shares, 0.0% debt)

Holdings (16)

AEM AGNICO EAGLE MINES LTD 17.7%

Value ($000) $29,456 Shares 370,000 Est. Cost $50.36 Unrealized +33.0%

— BARRICK GOLD CORP 14.3%

Value ($000) $23,799 Shares 850,000 Est. Cost $24.12 Unrealized —

SSRM SSR MNG INC 14.0%

Value ($000) $23,240 Shares 1,249,000 Est. Cost $18.54 Unrealized +14.8%

BTG B2GOLD CORP 9.8%

Value ($000) $16,300 Shares 2,500,000 Est. Cost $2.82 Unrealized +85.8%

— MAVERIX METALS INC 8.6%

Value ($000) $14,322 Shares 3,000,000 Est. Cost $5.22 Unrealized —

AGI ALAMOS GOLD INC NEW 8.5%

Value ($000) $14,096 Shares 1,600,000 Est. Cost $5.19 Unrealized +85.9%

— AMERICAS GOLD AND SILVER COR 5.8%

Value ($000) $9,713 Shares 3,696,400 Est. Cost $3.00 Unrealized —

OUNZ VANECK MERK GOLD TR 5.7%

Value ($000) $9,432 Shares 512,862 Est. Cost $14.93 Unrealized —

GFI GOLD FIELDS LTD 5.0%

Value ($000) $8,239 Shares 670,423 Est. Cost $6.60 Unrealized —

— GOLDEN STAR RES LTD CDA 4.8%

Value ($000) $7,974 Shares 1,850,000 Est. Cost $4.92 Unrealized —

— CORVUS GOLD INC 3.5%

Value ($000) $5,854 Shares 2,000,000 Est. Cost $2.93 Unrealized —

— SILVERCREST METALS INC 1.3%

Value ($000) $2,113 Shares 250,000 Est. Cost $8.77 Unrealized —

— INTEGRA RES CORP 0.5%

Value ($000) $796 Shares 240,001 Est. Cost $3.32 Unrealized —

ASHR DBX ETF TR 0.3%

Value ($000) $417 Shares 12,100 Est. Cost $28.39 Unrealized —

MCHI ISHARES TR 0.2%

Value ($000) $326 Shares 4,400 Est. Cost $62.56 Unrealized —

EWY ISHARES INC 0.2%

Value ($000) $294 Shares 4,500 Est. Cost $57.11 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AEM	AGNICO EAGLE MINES LTD	370,000	$29,456	17.7%	$50.36	+33.0%	COM	008474108
—	BARRICK GOLD CORP	850,000	$23,799	14.3%	$24.12	—	COM	067901108
SSRM	SSR MNG INC	1,249,000	$23,240	14.0%	$18.54	+14.8%	COM	784730103
BTG	B2GOLD CORP	2,500,000	$16,300	9.8%	$2.82	+85.8%	COM	11777Q209
—	MAVERIX METALS INC	3,000,000	$14,322	8.6%	$5.22	—	COM NEW	57776F405
AGI	ALAMOS GOLD INC NEW	1,600,000	$14,096	8.5%	$5.19	+85.9%	COM CL A	011532108
—	AMERICAS GOLD AND SILVER COR	3,696,400	$9,713	5.8%	$3.00	—	COM	03062D100
OUNZ	VANECK MERK GOLD TR	512,862	$9,432	5.7%	$14.93	—	GOLD TRUST	921078101
GFI	GOLD FIELDS LTD	670,423	$8,239	5.0%	$6.60	—	SPONSORED ADR	38059T106
—	GOLDEN STAR RES LTD CDA	1,850,000	$7,974	4.8%	$4.92	—	COM	38119T807
—	CORVUS GOLD INC	2,000,000	$5,854	3.5%	$2.93	—	COM	221013105
—	SILVERCREST METALS INC	250,000	$2,113	1.3%	$8.77	—	COM	828363101
—	INTEGRA RES CORP	240,001	$796	0.5%	$3.32	—	COM NEW	45826T301
ASHR	DBX ETF TR	12,100	$417	0.3%	$28.39	—	XTRACK HRVST CSI	233051879
MCHI	ISHARES TR	4,400	$326	0.2%	$62.56	—	MSCI CHINA ETF	46429B671
EWY	ISHARES INC	4,500	$294	0.2%	$57.11	—	MSCI STH KOR ETF	464286772