GLOBAL STRATEGIC MANAGEMENT INC Diversified Active

Location: San Juan, Puerto Rico

CIK: 0001413303 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: Nov 13, 2019

Total Value: $128M (100.0% shares, 0.0% debt)

Holdings (37)

FNV FRANCO NEVADA CORP 15.3%

Value $19.62M Shares 214,940 Share Price $91.28 * Est. Cost/Share $62.48 Unrealized @ Report Date +38.0%

RGLD ROYAL GOLD INC 10.5%

Value $13.44M Shares 108,992 Share Price $123.30 Est. Cost/Share $76.98 Unrealized @ Report Date +60.1%

— OSISKO GOLD ROYALTIES LTD 8.7%

Value $11.08M Shares 1,192,455 Share Price $9.29 Est. Cost/Share $8.76 Unrealized @ Report Date —

— FORTUNA SILVER MINES INC 6.0%

Value $7.71M Shares 2,503,246 Share Price $3.08 Est. Cost/Share $3.40 Unrealized @ Report Date —

— PRETIUM RES INC 5.5%

Value $6.986M Shares 606,982 Share Price $11.51 Est. Cost/Share $8.45 Unrealized @ Report Date —

AEM AGNICO EAGLE MINES LTD 5.3%

Value $6.783M Shares 126,580 Share Price $53.59 * Est. Cost/Share $31.59 Unrealized @ Report Date +47.0%

BTG B2GOLD CORP 4.7%

Value $5.97M Shares 1,848,200 Share Price $3.23 * Est. Cost/Share $2.58 Unrealized @ Report Date +0.1%

— BARRICK GOLD CORPORATION 4.6%

Value $5.857M Shares 338,169 Share Price $17.32 Est. Cost/Share $3.03 Unrealized @ Report Date —

VGZ VISTA GOLD CORP 4.6%

Value $5.843M Shares 7,720,176 Share Price $0.76 Est. Cost/Share $0.51 Unrealized @ Report Date +48.1%

GFI GOLD FIELDS LTD 4.1%

Value $5.295M Shares 1,078,500 Share Price $4.91 Est. Cost/Share $2.95 Unrealized @ Report Date +66.8%

PAAS PAN AMERICAN SILVER CORP 3.5%

Value $4.443M Shares 283,172 Share Price $15.69 Est. Cost/Share $13.94 Unrealized @ Report Date +12.5%

AAUAF ALMADEN MINERALS LTD 3.4%

Value $4.394M Shares 6,791,524 Share Price $0.65 * Est. Cost/Share $0.57 Unrealized @ Report Date +26.1%

WPM WHEATON PRECIOUS METALS CORP 3.4%

Value $4.344M Shares 165,430 Share Price $26.26 * Est. Cost/Share $15.64 Unrealized @ Report Date +56.3%

NEM NEWMONT GOLDCORP CORPORATION 3.1%

Value $3.936M Shares 103,748 Share Price $37.94 * Est. Cost/Share $28.09 Unrealized @ Report Date +12.9%

EMX EMX RTY CORP 2.6%

Value $3.351M Shares 2,463,981 Share Price $1.36 Est. Cost/Share $1.15 Unrealized @ Report Date —

ARCC ARES CAP CORP 2.2%

Value $2.774M Shares 148,650 Share Price $18.66 * Est. Cost/Share $8.36 Unrealized @ Report Date +23.2%

BVN COMPANIA DE MINAS BUENAVENTU 1.4%

Value $1.774M Shares 117,000 Share Price $15.16 Est. Cost/Share $15.50 Unrealized @ Report Date -2.1%

GAIN GLADSTONE INVT CORP 1.3%

Value $1.657M Shares 134,309 Share Price $12.34 * Est. Cost/Share $4.81 Unrealized @ Report Date +29.2%

LAND GLADSTONE LD CORP 1.1%

Value $1.46M Shares 122,408 Share Price $11.93 Est. Cost/Share $11.61 Unrealized @ Report Date —

GBDC GOLUB CAP BDC INC 1.1%

Value $1.367M Shares 72,510 Share Price $18.85 * Est. Cost/Share $9.00 Unrealized @ Report Date +11.4%

T AT&T INC 0.8%

Value $1.022M Shares 27,000 Share Price $37.85 Est. Cost/Share — Unrealized @ Report Date —

L LOEWS CORP 0.8%

Value $1.021M Shares 19,835 Share Price $51.47 * Est. Cost/Share $46.14 Unrealized @ Report Date +8.7%

KGC KINROSS GOLD CORP 0.8%

Value $1.014M Shares 220,000 Share Price $4.61 Est. Cost/Share $4.39 Unrealized @ Report Date +4.9%

CCL CARNIVAL CORP UNIT 0.7%

Value $916K Shares 20,910 Share Price $43.81 * Est. Cost/Share $44.81 Unrealized @ Report Date -4.7%

PHYS SPROTT PHYSICAL GOLD TRUST 0.6%

Value $751K Shares 63,660 Share Price $11.80 Est. Cost/Share $10.46 Unrealized @ Report Date —

GDXJ VANECK VECTORS ETF TR JR GOLD MINERS 0.6%

Value $727K Shares 20,000 Share Price $36.35 Est. Cost/Share $38.81 Unrealized @ Report Date -6.6%

— ROYAL DUTCH SHELL PLC 0.5%

Value $683K Shares 11,610 Share Price $58.83 Est. Cost/Share $58.83 Unrealized @ Report Date —

— BARCLAYS BK PLC IPATH 0.5%

Value $658K Shares 27,700 Share Price $23.75 Est. Cost/Share $23.75 Unrealized @ Report Date —

GDX VANECK VECTORS ETF TR GOLD MINERS 0.4%

Value $535K Shares 20,000 Share Price $26.75 Est. Cost/Share $27.97 Unrealized @ Report Date -4.5%

Value $483K Shares 12,700 Share Price $38.03 Est. Cost/Share $38.43 Unrealized @ Report Date -1.2%

FCX FREEPORT-MCMORAN INC 0.4%

Value $456K Shares 47,660 Share Price $9.57 * Est. Cost/Share $10.28 Unrealized @ Report Date -13.6%

SA SEABRIDGE GOLD INC 0.3%

Value $372K Shares 29,400 Share Price $12.65 Est. Cost/Share $12.22 Unrealized @ Report Date +3.6%

— FORTUNA SILVER MINES INC 0.3%

Value $343K Shares 111,200 Share Price $3.08 Est. Cost/Share $3.40 Unrealized @ Report Date —

— GLADSTONE CAPITAL CORP 0.2%

Value $306K Shares 31,401 Share Price $9.74 Est. Cost/Share $7.38 Unrealized @ Report Date —

— DIAMOND OFFSHORE DRILLING IN 0.2%

Value $275K Shares 49,400 Share Price $5.57 Est. Cost/Share $5.57 Unrealized @ Report Date —

— FS KKR CAPITAL CORP 0.2%

Value $192K Shares 32,900 Share Price $5.84 Est. Cost/Share $5.96 Unrealized @ Report Date —

PSLV SPROTT PHYSICAL SILVER TR 0.1%

Value $143K Shares 22,900 Share Price $6.24 Est. Cost/Share $5.62 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FNV	FRANCO NEVADA CORP	214,940	$19.62M	15.3%	$91.28 *	$62.48	+38.0%	COM	351858105
RGLD	ROYAL GOLD INC	108,992	$13.44M	10.5%	$123.30	$76.98	+60.1%	COM	780287108
—	OSISKO GOLD ROYALTIES LTD	1,192,455	$11.08M	8.7%	$9.29	$8.76	—	COM	68827L101
—	FORTUNA SILVER MINES INC	2,503,246	$7.71M	6.0%	$3.08	$3.40	—	COM	349915108
—	PRETIUM RES INC	606,982	$6.986M	5.5%	$11.51	$8.45	—	COM	74139C102
AEM	AGNICO EAGLE MINES LTD	126,580	$6.783M	5.3%	$53.59 *	$31.59	+47.0%	COM	008474108
BTG	B2GOLD CORP	1,848,200	$5.97M	4.7%	$3.23 *	$2.58	+0.1%	COM	11777Q209
—	BARRICK GOLD CORPORATION	338,169	$5.857M	4.6%	$17.32	$3.03	—	COM	067901108
VGZ	VISTA GOLD CORP	7,720,176	$5.843M	4.6%	$0.76	$0.51	+48.1%	COM NEW	927926303
GFI	GOLD FIELDS LTD	1,078,500	$5.295M	4.1%	$4.91	$2.95	+66.8%	NEW SPONSORED ADR	38059T106
PAAS	PAN AMERICAN SILVER CORP	283,172	$4.443M	3.5%	$15.69	$13.94	+12.5%	COM	697900108
AAUAF	ALMADEN MINERALS LTD	6,791,524	$4.394M	3.4%	$0.65 *	$0.57	+26.1%	COM CL B	020283305
WPM	WHEATON PRECIOUS METALS CORP	165,430	$4.344M	3.4%	$26.26 *	$15.64	+56.3%	COM	962879102
NEM	NEWMONT GOLDCORP CORPORATION	103,748	$3.936M	3.1%	$37.94 *	$28.09	+12.9%	COM	651639106
EMX	EMX RTY CORP	2,463,981	$3.351M	2.6%	$1.36	$1.15	—	COM	26873J107
ARCC	ARES CAP CORP	148,650	$2.774M	2.2%	$18.66 *	$8.36	+23.2%	COM	04010L103
BVN	COMPANIA DE MINAS BUENAVENTU	117,000	$1.774M	1.4%	$15.16	$15.50	-2.1%	SPONSORED ADR	204448104
GAIN	GLADSTONE INVT CORP	134,309	$1.657M	1.3%	$12.34 *	$4.81	+29.2%	COM	376546107
LAND	GLADSTONE LD CORP	122,408	$1.46M	1.1%	$11.93	$11.61	—	COM	376549101
GBDC	GOLUB CAP BDC INC	72,510	$1.367M	1.1%	$18.85 *	$9.00	+11.4%	COM	38173M102
T	AT&T INC	27,000	$1.022M	0.8%	$37.85	—	—	Put	00206R102
L	LOEWS CORP	19,835	$1.021M	0.8%	$51.47 *	$46.14	+8.7%	COM	540424108
KGC	KINROSS GOLD CORP	220,000	$1.014M	0.8%	$4.61	$4.39	+4.9%	COM	496902404
CCL	CARNIVAL CORP UNIT	20,910	$916K	0.7%	$43.81 *	$44.81	-4.7%	99/99/9999	143658300
PHYS	SPROTT PHYSICAL GOLD TRUST	63,660	$751K	0.6%	$11.80	$10.46	—	UNIT	85207H104
GDXJ	VANECK VECTORS ETF TR JR GOLD MINERS	20,000	$727K	0.6%	$36.35	$38.81	-6.6%	ETF	92189F791
—	ROYAL DUTCH SHELL PLC	11,610	$683K	0.5%	$58.83	$58.83	—	SPONS ADR A	780259206
—	BARCLAYS BK PLC IPATH	27,700	$658K	0.5%	$23.75	$23.75	—	B SHRT TRM	06746P621
GDX	VANECK VECTORS ETF TR GOLD MINERS	20,000	$535K	0.4%	$26.75	$27.97	-4.5%	ETF	92189F106
BP	BP PLC	12,700	$483K	0.4%	$38.03	$38.43	-1.2%	SPONSORED ADR	055622104
FCX	FREEPORT-MCMORAN INC	47,660	$456K	0.4%	$9.57 *	$10.28	-13.6%	CL B	35671D857
SA	SEABRIDGE GOLD INC	29,400	$372K	0.3%	$12.65	$12.22	+3.6%	COM	811916105
—	FORTUNA SILVER MINES INC	111,200	$343K	0.3%	$3.08	$3.40	—	Call	349915108
—	GLADSTONE CAPITAL CORP	31,401	$306K	0.2%	$9.74	$7.38	—	COM	376535100
—	DIAMOND OFFSHORE DRILLING IN	49,400	$275K	0.2%	$5.57	$5.57	—	COM	25271C102
—	FS KKR CAPITAL CORP	32,900	$192K	0.2%	$5.84	$5.96	—	COM	302635107
PSLV	SPROTT PHYSICAL SILVER TR	22,900	$143K	0.1%	$6.24	$5.62	—	TR UNIT	85207K107