GLOBAL STRATEGIC MANAGEMENT INC Diversified Active

Location: San Juan, Puerto Rico

CIK: 0001413303 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 13, 2020

Total Value: $64.73M (100.0% shares, 0.0% debt)

Holdings (34)

FNV FRANCO NEVADA CORP 21.5%

Value $13.92M Shares 134,504 Share Price $103.46 * Est. Cost/Share $62.48 Unrealized @ Report Date +56.7%

RGLD ROYAL GOLD INC 9.9%

Value $6.414M Shares 52,317 Share Price $122.60 Est. Cost/Share $76.98 Unrealized @ Report Date +58.8%

— OSISKO GOLD ROYALTIES LTD 9.5%

Value $6.172M Shares 634,327 Share Price $9.73 Est. Cost/Share $8.76 Unrealized @ Report Date —

— FORTUNA SILVER MINES INC 5.6%

Value $3.625M Shares 890,699 Share Price $4.07 Est. Cost/Share $3.40 Unrealized @ Report Date —

EMX EMX RTY CORP 5.4%

Value $3.475M Shares 2,119,202 Share Price $1.64 Est. Cost/Share $1.15 Unrealized @ Report Date —

ARCC ARES CAP CORP 4.6%

Value $2.982M Shares 159,782 Share Price $18.66 * Est. Cost/Share $8.50 Unrealized @ Report Date +24.1%

PAAS PAN AMERICAN SILVER CORP 4.1%

Value $2.664M Shares 112,189 Share Price $23.75 Est. Cost/Share $13.94 Unrealized @ Report Date +69.9%

WPM WHEATON PRECIOUS METALS CORP 3.3%

Value $2.133M Shares 71,410 Share Price $29.87 * Est. Cost/Share $15.64 Unrealized @ Report Date +77.7%

SOXX ISHARES TR PHLX SEMICND 3.1%

Value $2.009M Shares 8,000 Share Price $251.13 Est. Cost/Share — Unrealized @ Report Date —

TSLA TESLA INC 3.0%

Value $1.924M Shares 4,600 Share Price $418.26 Est. Cost/Share — Unrealized @ Report Date —

VGZ VISTA GOLD CORP 2.8%

Value $1.792M Shares 2,454,759 Share Price $0.73 Est. Cost/Share $0.51 Unrealized @ Report Date +42.3%

GAIN GLADSTONE INVT CORP 2.7%

Value $1.731M Shares 130,614 Share Price $13.25 * Est. Cost/Share $4.81 Unrealized @ Report Date +41.6%

— BARCLAYS BK PLC IPATH B SHRT TRM 2.7%

Value $1.718M Shares 113,200 Share Price $15.18 Est. Cost/Share $17.28 Unrealized @ Report Date —

GBDC GOLUB CAP BDC INC 2.5%

Value $1.593M Shares 86,060 Share Price $18.51 * Est. Cost/Share $9.10 Unrealized @ Report Date +10.7%

LAND GLADSTONE LD CORP 2.4%

Value $1.561M Shares 120,358 Share Price $12.97 Est. Cost/Share $11.61 Unrealized @ Report Date —

AEM AGNICO EAGLE MINES LTD 2.4%

Value $1.55M Shares 25,120 Share Price $61.70 * Est. Cost/Share $31.59 Unrealized @ Report Date +69.4%

— PRETIUM RES INC 2.3%

Value $1.481M Shares 132,745 Share Price $11.16 Est. Cost/Share $8.45 Unrealized @ Report Date —

L LOEWS CORP 1.6%

Value $1.047M Shares 19,995 Share Price $52.36 * Est. Cost/Share $46.14 Unrealized @ Report Date +11.0%

— BARRICK GOLD CORPORATION 1.5%

Value $958K Shares 51,526 Share Price $18.59 Est. Cost/Share $3.03 Unrealized @ Report Date —

AAUAF ALMADEN MINERALS LTD 1.4%

Value $902K Shares 1,567,983 Share Price $0.58 Est. Cost/Share $0.57 Unrealized @ Report Date -0.8%

PHYS SPROTT PHYSICAL GOLD TRUST 1.2%

Value $777K Shares 63,734 Share Price $12.19 Est. Cost/Share $10.46 Unrealized @ Report Date —

BTG B2GOLD CORP 1.1%

Value $722K Shares 180,100 Share Price $4.01 * Est. Cost/Share $2.58 Unrealized @ Report Date +24.6%

— ROYAL DUTCH SHELL PLC 1.1%

Value $688K Shares 11,690 Share Price $58.85 Est. Cost/Share $58.83 Unrealized @ Report Date —

FCX FREEPORT-MCMORAN INC 1.0%

Value $631K Shares 48,010 Share Price $13.14 * Est. Cost/Share $10.28 Unrealized @ Report Date +19.1%

Value $443K Shares 11,750 Share Price $37.70 Est. Cost/Share $38.43 Unrealized @ Report Date -1.8%

— GLADSTONE CAPITAL CORP 0.5%

Value $308K Shares 31,001 Share Price $9.94 Est. Cost/Share $7.38 Unrealized @ Report Date —

— DIAMOND OFFSHORE DRILLING IN 0.5%

Value $302K Shares 42,000 Share Price $7.19 Est. Cost/Share $5.57 Unrealized @ Report Date —

SA SEABRIDGE GOLD INC 0.4%

Value $234K Shares 16,900 Share Price $13.85 Est. Cost/Share $12.22 Unrealized @ Report Date +13.1%

CCL CARNIVAL CORP 0.3%

Value $214K Shares 4,210 Share Price $50.83 Est. Cost/Share $44.81 Unrealized @ Report Date +12.1%

GFI GOLD FIELDS LTD 0.3%

Value $195K Shares 29,500 Share Price $6.61 Est. Cost/Share $2.95 Unrealized @ Report Date +123.8%

— SANDSTORM GOLD LTD 0.3%

Value $180K Shares 24,000 Share Price $7.50 Est. Cost/Share $7.50 Unrealized @ Report Date —

— SPROTT PHYSICAL SILVER TR 0.2%

Value $143K Shares 21,900 Share Price $6.53 Est. Cost/Share $6.53 Unrealized @ Report Date —

— FS KKR CAPITAL CORP 0.2%

Value $134K Shares 21,800 Share Price $6.15 Est. Cost/Share $5.96 Unrealized @ Report Date —

— FORTUNA SILVER MINES INC 0.2%

Value $114K Shares 28,000 Share Price $4.07 Est. Cost/Share $3.40 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FNV	FRANCO NEVADA CORP	134,504	$13.92M	21.5%	$103.46 *	$62.48	+56.7%	COM	351858105
RGLD	ROYAL GOLD INC	52,317	$6.414M	9.9%	$122.60	$76.98	+58.8%	COM	780287108
—	OSISKO GOLD ROYALTIES LTD	634,327	$6.172M	9.5%	$9.73	$8.76	—	COM	68827L101
—	FORTUNA SILVER MINES INC	890,699	$3.625M	5.6%	$4.07	$3.40	—	COM	349915108
EMX	EMX RTY CORP	2,119,202	$3.475M	5.4%	$1.64	$1.15	—	COM	26873J107
ARCC	ARES CAP CORP	159,782	$2.982M	4.6%	$18.66 *	$8.50	+24.1%	COM	04010L103
PAAS	PAN AMERICAN SILVER CORP	112,189	$2.664M	4.1%	$23.75	$13.94	+69.9%	COM	697900108
WPM	WHEATON PRECIOUS METALS CORP	71,410	$2.133M	3.3%	$29.87 *	$15.64	+77.7%	COM	962879102
SOXX	ISHARES TR PHLX SEMICND	8,000	$2.009M	3.1%	$251.13	—	—	Put	464287523
TSLA	TESLA INC	4,600	$1.924M	3.0%	$418.26	—	—	Put	88160R101
VGZ	VISTA GOLD CORP	2,454,759	$1.792M	2.8%	$0.73	$0.51	+42.3%	COM NEW	927926303
GAIN	GLADSTONE INVT CORP	130,614	$1.731M	2.7%	$13.25 *	$4.81	+41.6%	COM	376546107
—	BARCLAYS BK PLC IPATH B SHRT TRM	113,200	$1.718M	2.7%	$15.18	$17.28	—	ETN	06746P621
GBDC	GOLUB CAP BDC INC	86,060	$1.593M	2.5%	$18.51 *	$9.10	+10.7%	COM	38173M102
LAND	GLADSTONE LD CORP	120,358	$1.561M	2.4%	$12.97	$11.61	—	COM	376549101
AEM	AGNICO EAGLE MINES LTD	25,120	$1.55M	2.4%	$61.70 *	$31.59	+69.4%	COM	008474108
—	PRETIUM RES INC	132,745	$1.481M	2.3%	$11.16	$8.45	—	COM	74139C102
L	LOEWS CORP	19,995	$1.047M	1.6%	$52.36 *	$46.14	+11.0%	COM	540424108
—	BARRICK GOLD CORPORATION	51,526	$958K	1.5%	$18.59	$3.03	—	COM	067901108
AAUAF	ALMADEN MINERALS LTD	1,567,983	$902K	1.4%	$0.58	$0.57	-0.8%	COM CL B	020283305
PHYS	SPROTT PHYSICAL GOLD TRUST	63,734	$777K	1.2%	$12.19	$10.46	—	UNIT	85207H104
BTG	B2GOLD CORP	180,100	$722K	1.1%	$4.01 *	$2.58	+24.6%	COM	11777Q209
—	ROYAL DUTCH SHELL PLC	11,690	$688K	1.1%	$58.85	$58.83	—	SPONS ADR A	780259206
FCX	FREEPORT-MCMORAN INC	48,010	$631K	1.0%	$13.14 *	$10.28	+19.1%	CL B	35671D857
BP	BP PLC	11,750	$443K	0.7%	$37.70	$38.43	-1.8%	SPONSORED ADR	055622104
—	GLADSTONE CAPITAL CORP	31,001	$308K	0.5%	$9.94	$7.38	—	COM	376535100
—	DIAMOND OFFSHORE DRILLING IN	42,000	$302K	0.5%	$7.19	$5.57	—	COM	25271C102
SA	SEABRIDGE GOLD INC	16,900	$234K	0.4%	$13.85	$12.22	+13.1%	COM	811916105
CCL	CARNIVAL CORP	4,210	$214K	0.3%	$50.83	$44.81	+12.1%	UNIT	143658300
GFI	GOLD FIELDS LTD	29,500	$195K	0.3%	$6.61	$2.95	+123.8%	NEW SPONSORED ADR	38059T106
—	SANDSTORM GOLD LTD	24,000	$180K	0.3%	$7.50	$7.50	—	COM NEW	80013R206
—	SPROTT PHYSICAL SILVER TR	21,900	$143K	0.2%	$6.53	$6.53	—	TR UNIT	85207k107
—	FS KKR CAPITAL CORP	21,800	$134K	0.2%	$6.15	$5.96	—	COM	302635107
—	FORTUNA SILVER MINES INC	28,000	$114K	0.2%	$4.07	$3.40	—	Call	349915108