GLOBAL STRATEGIC MANAGEMENT INC Diversified Active

Location: San Juan, Puerto Rico

CIK: 0001413303 · Show all filings

Period: Q4 2018 (Next →)

Filing Date: Feb 15, 2019

Total Value: $102M (100.0% shares, 0.0% debt)

Holdings (28)

FNV FRANCO-NEVADA 15.7%

Value $16.04M Shares 228,962 Share Price $70.07 * Est. Cost/Share $62.48 Unrealized @ Report Date +5.2%

— OSISKO GOLD 10.6%

Value $10.87M Shares 1,243,457 Share Price $8.74 Est. Cost/Share $8.74 Unrealized @ Report Date —

RGLD ROYAL GOLD 10.0%

Value $10.2M Shares 119,644 Share Price $85.28 Est. Cost/Share $76.98 Unrealized @ Report Date +11.3%

— FORTUNA SILVER 5.9%

Value $6.013M Shares 1,651,957 Share Price $3.64 Est. Cost/Share $3.64 Unrealized @ Report Date —

— PRETIUM RESOURCES 5.5%

Value $5.683M Shares 672,562 Share Price $8.45 Est. Cost/Share $8.45 Unrealized @ Report Date —

AEM AGNICO EAGLE MINES LTD 5.1%

Value $5.205M Shares 129,260 Share Price $40.27 * Est. Cost/Share $31.59 Unrealized @ Report Date +9.9%

— NEVSUN RESOURCES 5.0%

Value $5.129M Shares 1,166,272 Share Price $4.40 Est. Cost/Share $4.40 Unrealized @ Report Date —

BTG B2GOLD 4.7%

Value $4.813M Shares 1,659,700 Share Price $2.90 * Est. Cost/Share $2.08 Unrealized @ Report Date +12.2%

AAUAF ALMADEN MINERALS 4.6%

Value $4.669M Shares 7,107,423 Share Price $0.66 * Est. Cost/Share $0.57 Unrealized @ Report Date 0.0%

GFI GOLDFIELDS 4.2%

Value $4.3M Shares 1,221,500 Share Price $3.52 Est. Cost/Share $2.95 Unrealized @ Report Date +19.3%

— RANDGOLD RESOURCES 4.2%

Value $4.298M Shares 50,258 Share Price $85.52 Est. Cost/Share $85.52 Unrealized @ Report Date —

VGZ VISTA GOLD 4.1%

Value $4.166M Shares 8,134,665 Share Price $0.51 Est. Cost/Share $0.51 Unrealized @ Report Date +3.3%

WPM WHEATON PRECIOUS METALS 3.7%

Value $3.792M Shares 194,480 Share Price $19.50 * Est. Cost/Share $15.64 Unrealized @ Report Date +15.0%

ARCC ARES CAPITAL 3.3%

Value $3.392M Shares 217,723 Share Price $15.58 * Est. Cost/Share $8.36 Unrealized @ Report Date -4.0%

EMX EMX ROYALTY 2.5%

Value $2.592M Shares 2,293,845 Share Price $1.13 Est. Cost/Share $1.13 Unrealized @ Report Date —

— GOLDCORP 1.9%

Value $1.897M Shares 194,401 Share Price $9.76 Est. Cost/Share $9.76 Unrealized @ Report Date —

GBDC GOLUB CAPITAL 1.3%

Value $1.307M Shares 78,840 Share Price $16.58 * Est. Cost/Share $8.99 Unrealized @ Report Date -7.5%

GAIN GLADSTONE INVESTMENT 1.2%

Value $1.258M Shares 134,496 Share Price $9.35 * Est. Cost/Share $4.68 Unrealized @ Report Date -5.8%

NEM NEWMONT MINING 1.1%

Value $1.129M Shares 32,700 Share Price $34.53 * Est. Cost/Share $26.05 Unrealized @ Report Date +7.2%

— COLLECTORS UNIVERSE 1.1%

Value $1.127M Shares 99,360 Share Price $11.34 Est. Cost/Share $11.34 Unrealized @ Report Date —

L LOEWS CORPORATION 0.8%

Value $802K Shares 17,719 Share Price $45.26 * Est. Cost/Share $45.69 Unrealized @ Report Date -3.3%

LAND GLADSTONE LAND 0.8%

Value $799K Shares 69,934 Share Price $11.43 Est. Cost/Share $11.43 Unrealized @ Report Date —

PAAS PAN AMERICAN SILVER 0.8%

Value $798K Shares 54,875 Share Price $14.54 Est. Cost/Share $14.30 Unrealized @ Report Date +2.1%

— GLADSTONE CAPITAL 0.7%

Value $690K Shares 93,558 Share Price $7.38 Est. Cost/Share $7.38 Unrealized @ Report Date —

— ROYAL DUTCH 0.6%

Value $586K Shares 10,080 Share Price $58.13 Est. Cost/Share $58.13 Unrealized @ Report Date —

— MAG SILVER 0.4%

Value $369K Shares 50,567 Share Price $7.30 Est. Cost/Share $7.30 Unrealized @ Report Date —

FCX FREEPORT-MCMORAN INC 0.3%

Value $337K Shares 32,900 Share Price $10.24 * Est. Cost/Share $10.68 Unrealized @ Report Date -11.6%

KGC KINROSS GOLD 0.2%

Value $202K Shares 62,700 Share Price $3.22 Est. Cost/Share $2.80 Unrealized @ Report Date +15.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FNV	FRANCO-NEVADA	228,962	$16.04M	15.7%	$70.07 *	$62.48	+5.2%	COM	351858105
—	OSISKO GOLD	1,243,457	$10.87M	10.6%	$8.74	$8.74	—	COM	68827L101
RGLD	ROYAL GOLD	119,644	$10.2M	10.0%	$85.28	$76.98	+11.3%	COM	780287108
—	FORTUNA SILVER	1,651,957	$6.013M	5.9%	$3.64	$3.64	—	COM	349915108
—	PRETIUM RESOURCES	672,562	$5.683M	5.5%	$8.45	$8.45	—	COM	74139C102
AEM	AGNICO EAGLE MINES LTD	129,260	$5.205M	5.1%	$40.27 *	$31.59	+9.9%	COM	008474108
—	NEVSUN RESOURCES	1,166,272	$5.129M	5.0%	$4.40	$4.40	—	COM	64156L101
BTG	B2GOLD	1,659,700	$4.813M	4.7%	$2.90 *	$2.08	+12.2%	COM	11777Q209
AAUAF	ALMADEN MINERALS	7,107,423	$4.669M	4.6%	$0.66 *	$0.57	0.0%	COM CL B	020283305
GFI	GOLDFIELDS	1,221,500	$4.3M	4.2%	$3.52	$2.95	+19.3%	NEW SPONSORED ADR	38059T106
—	RANDGOLD RESOURCES	50,258	$4.298M	4.2%	$85.52	$85.52	—	ADR	752344309
VGZ	VISTA GOLD	8,134,665	$4.166M	4.1%	$0.51	$0.51	+3.3%	COM NEW	927926303
WPM	WHEATON PRECIOUS METALS	194,480	$3.792M	3.7%	$19.50 *	$15.64	+15.0%	COM	962879102
ARCC	ARES CAPITAL	217,723	$3.392M	3.3%	$15.58 *	$8.36	-4.0%	COM	04010L103
EMX	EMX ROYALTY	2,293,845	$2.592M	2.5%	$1.13	$1.13	—	COM	26873J107
—	GOLDCORP	194,401	$1.897M	1.9%	$9.76	$9.76	—	COM	380956409
GBDC	GOLUB CAPITAL	78,840	$1.307M	1.3%	$16.58 *	$8.99	-7.5%	COM	38173M102
GAIN	GLADSTONE INVESTMENT	134,496	$1.258M	1.2%	$9.35 *	$4.68	-5.8%	COM	376546107
NEM	NEWMONT MINING	32,700	$1.129M	1.1%	$34.53 *	$26.05	+7.2%	COM	651639106
—	COLLECTORS UNIVERSE	99,360	$1.127M	1.1%	$11.34	$11.34	—	COM NEW	19421R200
L	LOEWS CORPORATION	17,719	$802K	0.8%	$45.26 *	$45.69	-3.3%	COM	540424108
LAND	GLADSTONE LAND	69,934	$799K	0.8%	$11.43	$11.43	—	COM	376549101
PAAS	PAN AMERICAN SILVER	54,875	$798K	0.8%	$14.54	$14.30	+2.1%	COM	697900108
—	GLADSTONE CAPITAL	93,558	$690K	0.7%	$7.38	$7.38	—	COM	376535100
—	ROYAL DUTCH	10,080	$586K	0.6%	$58.13	$58.13	—	SPONS ADR A	780259206
—	MAG SILVER	50,567	$369K	0.4%	$7.30	$7.30	—	COM	55903Q104
FCX	FREEPORT-MCMORAN INC	32,900	$337K	0.3%	$10.24 *	$10.68	-11.6%	CL B	35671D857
KGC	KINROSS GOLD	62,700	$202K	0.2%	$3.22	$2.80	+15.8%	COM NO PAR	496902404