GLOBAL STRATEGIC MANAGEMENT INC Diversified Active

Location: San Juan, Puerto Rico

CIK: 0001413303 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 15, 2019

Total Value: $106M (100.0% shares, 0.0% debt)

Holdings (31)

FNV FRANCO-NEVADA 16.1%

Value $17.11M Shares 227,799 Share Price $75.10 * Est. Cost/Share $62.48 Unrealized @ Report Date +12.9%

— OSISKO GOLD 12.6%

Value $13.35M Shares 1,187,353 Share Price $11.24 Est. Cost/Share $8.74 Unrealized @ Report Date —

RGLD ROYAL GOLD 10.2%

Value $10.84M Shares 119,120 Share Price $91.01 Est. Cost/Share $76.98 Unrealized @ Report Date +18.1%

— FORTUNA SILVER 5.9%

Value $6.212M Shares 1,854,243 Share Price $3.35 Est. Cost/Share $3.61 Unrealized @ Report Date —

— PRETIUM RESOURCES 5.6%

Value $5.95M Shares 692,602 Share Price $8.59 Est. Cost/Share $8.45 Unrealized @ Report Date —

AEM AGNICO EAGLE MINES LTD 5.3%

Value $5.584M Shares 128,220 Share Price $43.55 * Est. Cost/Share $31.59 Unrealized @ Report Date +18.7%

VGZ VISTA GOLD 5.0%

Value $5.281M Shares 7,998,076 Share Price $0.66 Est. Cost/Share $0.51 Unrealized @ Report Date +32.5%

— BARRICK GOLD CORPORATION 4.4%

Value $4.637M Shares 337,978 Share Price $13.72 Est. Cost/Share $24.40 Unrealized @ Report Date —

BTG B2GOLD 4.4%

Value $4.623M Shares 1,651,200 Share Price $2.80 * Est. Cost/Share $2.08 Unrealized @ Report Date +8.0%

WPM WHEATON PRECIOUS METALS 4.3%

Value $4.545M Shares 190,960 Share Price $23.80 * Est. Cost/Share $15.64 Unrealized @ Report Date +40.2%

GFI GOLDFIELDS 4.3%

Value $4.518M Shares 1,207,900 Share Price $3.74 Est. Cost/Share $2.95 Unrealized @ Report Date +26.5%

AAUAF ALMADEN MINERALS 3.8%

Value $4.067M Shares 7,024,724 Share Price $0.58 * Est. Cost/Share $0.57 Unrealized @ Report Date +22.5%

ARCC ARES CAPITAL 3.1%

Value $3.241M Shares 188,991 Share Price $17.15 * Est. Cost/Share $8.36 Unrealized @ Report Date +8.3%

EMX EMX ROYALTY 2.6%

Value $2.745M Shares 2,346,428 Share Price $1.17 Est. Cost/Share $1.13 Unrealized @ Report Date —

NEM NEWMONT MINING 2.5%

Value $2.601M Shares 72,700 Share Price $35.78 * Est. Cost/Share $26.76 Unrealized @ Report Date +8.2%

GAIN GLADSTONE INVESTMENT 1.5%

Value $1.551M Shares 133,135 Share Price $11.65 * Est. Cost/Share $4.68 Unrealized @ Report Date +19.3%

GBDC GOLUB CAPITAL 1.3%

Value $1.406M Shares 78,460 Share Price $17.92 * Est. Cost/Share $8.99 Unrealized @ Report Date +2.1%

PAAS PAN AMERICAN SILVER 1.2%

Value $1.292M Shares 97,375 Share Price $13.27 Est. Cost/Share $14.17 Unrealized @ Report Date -6.5%

LAND GLADSTONE LAND 1.0%

Value $1.038M Shares 83,054 Share Price $12.50 Est. Cost/Share $11.59 Unrealized @ Report Date —

— COLLECTORS UNIVERSE 0.9%

Value $958K Shares 54,884 Share Price $17.45 Est. Cost/Share $11.34 Unrealized @ Report Date —

L LOEWS CORPORATION 0.8%

Value $868K Shares 18,119 Share Price $47.91 * Est. Cost/Share $45.70 Unrealized @ Report Date +1.9%

— GLADSTONE CAPITAL 0.8%

Value $798K Shares 88,151 Share Price $9.05 Est. Cost/Share $7.38 Unrealized @ Report Date —

PHYS SPROTT PHYSICAL GOLD TRUST 0.7%

Value $783K Shares 74,869 Share Price $10.46 Est. Cost/Share $10.46 Unrealized @ Report Date —

— ROYAL DUTCH 0.6%

Value $640K Shares 10,230 Share Price $62.56 Est. Cost/Share $58.20 Unrealized @ Report Date —

— MAG SILVER 0.4%

Value $446K Shares 41,737 Share Price $10.69 Est. Cost/Share $7.30 Unrealized @ Report Date —

FCX FREEPORT-MCMORAN INC 0.4%

Value $433K Shares 33,600 Share Price $12.89 * Est. Cost/Share $10.68 Unrealized @ Report Date +10.9%

— GOLDCORP 0.2%

Value $222K Shares 19,400 Share Price $11.44 Est. Cost/Share $9.76 Unrealized @ Report Date —

KGC KINROSS GOLD 0.1%

Value $131K Shares 38,100 Share Price $3.44 Est. Cost/Share $2.80 Unrealized @ Report Date +22.9%

SA SEABRIDGE GOLD INC 0.1%

Value $124K Shares 10,000 Share Price $12.40 Est. Cost/Share $13.63 Unrealized @ Report Date -9.1%

NXE NEXGEN ENERGY LTD 0.1%

Value $83,000 Shares 51,000 Share Price $1.63 Est. Cost/Share $1.74 Unrealized @ Report Date -6.7%

PSLV SPROTT PHYSICAL SILVER TR 0.1%

Value $79,000 Shares 14,200 Share Price $5.56 Est. Cost/Share $5.56 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FNV	FRANCO-NEVADA	227,799	$17.11M	16.1%	$75.10 *	$62.48	+12.9%	COM	351858105
—	OSISKO GOLD	1,187,353	$13.35M	12.6%	$11.24	$8.74	—	COM	68827L101
RGLD	ROYAL GOLD	119,120	$10.84M	10.2%	$91.01	$76.98	+18.1%	COM	780287108
—	FORTUNA SILVER	1,854,243	$6.212M	5.9%	$3.35	$3.61	—	COM	349915108
—	PRETIUM RESOURCES	692,602	$5.95M	5.6%	$8.59	$8.45	—	COM	74139C102
AEM	AGNICO EAGLE MINES LTD	128,220	$5.584M	5.3%	$43.55 *	$31.59	+18.7%	COM	008474108
VGZ	VISTA GOLD	7,998,076	$5.281M	5.0%	$0.66	$0.51	+32.5%	COM	927926303
—	BARRICK GOLD CORPORATION	337,978	$4.637M	4.4%	$13.72	$24.40	—	COM	752344309
BTG	B2GOLD	1,651,200	$4.623M	4.4%	$2.80 *	$2.08	+8.0%	COM	11777Q209
WPM	WHEATON PRECIOUS METALS	190,960	$4.545M	4.3%	$23.80 *	$15.64	+40.2%	COM	962879102
GFI	GOLDFIELDS	1,207,900	$4.518M	4.3%	$3.74	$2.95	+26.5%	NEW SPONSORED ADR	38059T106
AAUAF	ALMADEN MINERALS	7,024,724	$4.067M	3.8%	$0.58 *	$0.57	+22.5%	COM CL B	020283305
ARCC	ARES CAPITAL	188,991	$3.241M	3.1%	$17.15 *	$8.36	+8.3%	COM	04010L103
EMX	EMX ROYALTY	2,346,428	$2.745M	2.6%	$1.17	$1.13	—	COM	26873J107
NEM	NEWMONT MINING	72,700	$2.601M	2.5%	$35.78 *	$26.76	+8.2%	COM	651639106
GAIN	GLADSTONE INVESTMENT	133,135	$1.551M	1.5%	$11.65 *	$4.68	+19.3%	COM	376546107
GBDC	GOLUB CAPITAL	78,460	$1.406M	1.3%	$17.92 *	$8.99	+2.1%	COM	38173M102
PAAS	PAN AMERICAN SILVER	97,375	$1.292M	1.2%	$13.27	$14.17	-6.5%	COM	697900108
LAND	GLADSTONE LAND	83,054	$1.038M	1.0%	$12.50	$11.59	—	COM	376549101
—	COLLECTORS UNIVERSE	54,884	$958K	0.9%	$17.45	$11.34	—	COM NEW	19421R200
L	LOEWS CORPORATION	18,119	$868K	0.8%	$47.91 *	$45.70	+1.9%	COM	540424108
—	GLADSTONE CAPITAL	88,151	$798K	0.8%	$9.05	$7.38	—	COM	376535100
PHYS	SPROTT PHYSICAL GOLD TRUST	74,869	$783K	0.7%	$10.46	$10.46	—	UNIT	85207H104
—	ROYAL DUTCH	10,230	$640K	0.6%	$62.56	$58.20	—	SPONS ADR A	780259206
—	MAG SILVER	41,737	$446K	0.4%	$10.69	$7.30	—	COM	55903Q104
FCX	FREEPORT-MCMORAN INC	33,600	$433K	0.4%	$12.89 *	$10.68	+10.9%	CL B	35671D857
—	GOLDCORP	19,400	$222K	0.2%	$11.44	$9.76	—	COM	380956409
KGC	KINROSS GOLD	38,100	$131K	0.1%	$3.44	$2.80	+22.9%	COM NO PAR	496902404
SA	SEABRIDGE GOLD INC	10,000	$124K	0.1%	$12.40	$13.63	-9.1%	COM	811916105
NXE	NEXGEN ENERGY LTD	51,000	$83,000	0.1%	$1.63	$1.74	-6.7%	COM	65340P106
PSLV	SPROTT PHYSICAL SILVER TR	14,200	$79,000	0.1%	$5.56	$5.56	—	UNIT	85207K107