GLOBAL STRATEGIC MANAGEMENT INC Diversified Active

Location: San Juan, Puerto Rico

CIK: 0001413303 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $120M

Holdings (27)

FNV FRANCO NEV CORP 13.6%

Value $16.29M Shares 78,651 Est. Cost $62.48 Unrealized +224.6%

MTA METALLA RTY & STREAMING LTD 13.5%

Value $16.18M Shares 2,082,799 Est. Cost $6.60 Unrealized +9.0%

AEM AGNICO EAGLE MINES LTD 9.9%

Value $11.89M Shares 69,890 Est. Cost $103.87 Unrealized +61.6%

TFPM TRIPLE FLAG PRECIOUS METAL 8.9%

Value $10.73M Shares 323,309 Est. Cost $31.28 Unrealized 0.0%

FSM FORTUNA MNG CORP 7.7%

Value $9.244M Shares 941,349 Est. Cost $9.00 Unrealized 0.0%

OR OR ROYALTIES INC. COM SHS 6.7%

Value $8.041M Shares 225,992 Est. Cost $35.04 Unrealized 0.0%

PAAS PAN AMERN SILVER CORP 6.7%

Value $7.986M Shares 153,984 Est. Cost $22.42 Unrealized +86.7%

B BARRICK MNG CORP 4.6%

Value $5.472M Shares 125,305 Est. Cost $37.42 Unrealized 0.0%

RGLD ROYAL GOLD INC 4.4%

Value $5.315M Shares 23,941 Est. Cost $76.98 Unrealized +157.7%

ELE ELEMENTAL RTY CORP 4.0%

Value $4.74M Shares 281,197 Est. Cost $15.55 Unrealized 0.0%

WPM WHEATON PRECIOUS METALS CORP 3.9%

Value $4.634M Shares 39,369 Est. Cost $18.45 Unrealized +480.4%

— DAKOTA GOLD CORP 2.6%

Value $3.094M Shares 542,720 Est. Cost $0.01 Unrealized —

BTG B2GOLD CORP 2.0%

Value $2.391M Shares 528,964 Est. Cost $3.98 Unrealized +17.2%

ARCC ARES CAPITAL CORP 1.8%

Value $2.217M Shares 109,241 Est. Cost $8.73 Unrealized +126.8%

EQX EQUINOX GOLD CORP 1.6%

Value $1.927M Shares 136,678 Est. Cost $9.65 Unrealized +30.8%

PSLV SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER 1.5%

Value $1.795M Shares 75,500 Est. Cost $0.02 Unrealized —

LAND GLADSTONE LD CORP 1.2%

Value $1.42M Shares 155,220 Est. Cost $3.43 Unrealized —

ORLA ORLA MNG LTD 1.1%

Value $1.299M Shares 96,700 Est. Cost $12.14 Unrealized 0.0%

IE IVANHOE ELECTRIC INC 0.8%

Value $981K Shares 61,638 Est. Cost $14.31 Unrealized 0.0%

WRN WESTERN COPPER & GOLD CORP 0.7%

Value $870K Shares 325,400 Est. Cost $2.31 Unrealized 0.0%

DMLP DORCHESTER MINERALS LP 0.5%

Value $644K Shares 29,050 Est. Cost $0.02 Unrealized —

GAIN GLADSTONE INVT CORP 0.5%

Value $545K Shares 39,032 Est. Cost $5.13 Unrealized +164.5%

ERO ERO COPPER CORP 0.4%

Value $527K Shares 18,608 Est. Cost $23.29 Unrealized 0.0%

PTON PELOTON INTERACTIVE INC CL A 0.4%

Value $490K Shares 79,200 Est. Cost $7.04 Unrealized 0.0%

CAG CONAGRA BRANDS INC 0.4%

Value $461K Shares 26,500 Est. Cost $17.64 Unrealized 0.0%

GBDC GOLUB CAP BDC INC 0.3%

Value $406K Shares 29,900 Est. Cost $9.11 Unrealized +48.7%

SEG SEAPORT ENTMT GROUP INC 0.3%

Value $341K Shares 17,300 Est. Cost $22.41 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FNV	FRANCO NEV CORP	78,651	$16.29M	13.6%	$62.48	+224.6%	—	351858105
MTA	METALLA RTY & STREAMING LTD	2,082,799	$16.18M	13.5%	$6.60	+9.0%	—	59124U605
AEM	AGNICO EAGLE MINES LTD	69,890	$11.89M	9.9%	$103.87	+61.6%	—	008474108
TFPM	TRIPLE FLAG PRECIOUS METAL	323,309	$10.73M	8.9%	$31.28	0.0%	—	89679M104
FSM	FORTUNA MNG CORP	941,349	$9.244M	7.7%	$9.00	0.0%	—	349942102
OR	OR ROYALTIES INC. COM SHS	225,992	$8.041M	6.7%	$35.04	0.0%	—	68390D106
PAAS	PAN AMERN SILVER CORP	153,984	$7.986M	6.7%	$22.42	+86.7%	—	697900108
B	BARRICK MNG CORP	125,305	$5.472M	4.6%	$37.42	0.0%	—	06849F108
RGLD	ROYAL GOLD INC	23,941	$5.315M	4.4%	$76.98	+157.7%	—	780287108
ELE	ELEMENTAL RTY CORP	281,197	$4.74M	4.0%	$15.55	0.0%	—	28620K106
WPM	WHEATON PRECIOUS METALS CORP	39,369	$4.634M	3.9%	$18.45	+480.4%	—	962879102
—	DAKOTA GOLD CORP	542,720	$3.094M	2.6%	$0.01	—	—	46644E100
BTG	B2GOLD CORP	528,964	$2.391M	2.0%	$3.98	+17.2%	—	11777Q209
ARCC	ARES CAPITAL CORP	109,241	$2.217M	1.8%	$8.73	+126.8%	—	04010L103
EQX	EQUINOX GOLD CORP	136,678	$1.927M	1.6%	$9.65	+30.8%	—	29446Y502
PSLV	SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER	75,500	$1.795M	1.5%	$0.02	—	—	85207K107
LAND	GLADSTONE LD CORP	155,220	$1.42M	1.2%	$3.43	—	—	376549101
ORLA	ORLA MNG LTD	96,700	$1.299M	1.1%	$12.14	0.0%	—	68634K106
IE	IVANHOE ELECTRIC INC	61,638	$981K	0.8%	$14.31	0.0%	—	46578C108
WRN	WESTERN COPPER & GOLD CORP	325,400	$870K	0.7%	$2.31	0.0%	—	95805V108
DMLP	DORCHESTER MINERALS LP	29,050	$644K	0.5%	$0.02	—	—	25820R105
GAIN	GLADSTONE INVT CORP	39,032	$545K	0.5%	$5.13	+164.5%	—	376546107
ERO	ERO COPPER CORP	18,608	$527K	0.4%	$23.29	0.0%	—	296006109
PTON	PELOTON INTERACTIVE INC CL A	79,200	$490K	0.4%	$7.04	0.0%	—	70614W100
CAG	CONAGRA BRANDS INC	26,500	$461K	0.4%	$17.64	0.0%	—	205887102
GBDC	GOLUB CAP BDC INC	29,900	$406K	0.3%	$9.11	+48.7%	—	38173M102
SEG	SEAPORT ENTMT GROUP INC	17,300	$341K	0.3%	$22.41	0.0%	—	812215200