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 (100.0% shares, 0.0% debt)

Holdings (27)

FNV FRANCO NEV CORP 13.6%

Value $16.29M Shares 78,651 Share Price $207.05 Est. Cost/Share $62.48 Unrealized @ Report Date +231.8%

MTA METALLA RTY & STREAMING LTD 13.5%

Value $16.18M Shares 2,082,799 Share Price $7.77 Est. Cost/Share $6.60 Unrealized @ Report Date +17.9%

AEM AGNICO EAGLE MINES LTD 9.9%

Value $11.89M Shares 69,890 Share Price $170.08 Est. Cost/Share $103.87 Unrealized @ Report Date +63.2%

TFPM TRIPLE FLAG PRECIOUS METAL 8.9%

Value $10.73M Shares 323,309 Share Price $33.19 Est. Cost/Share $31.28 Unrealized @ Report Date +6.2%

FSM FORTUNA MNG CORP 7.7%

Value $9.244M Shares 941,349 Share Price $9.82 Est. Cost/Share $9.00 Unrealized @ Report Date +9.0%

OR OR ROYALTIES INC. COM SHS 6.7%

Value $8.041M Shares 225,992 Share Price $35.58 Est. Cost/Share $35.04 Unrealized @ Report Date +1.0%

PAAS PAN AMERN SILVER CORP 6.7%

Value $7.986M Shares 153,984 Share Price $51.86 Est. Cost/Share $22.42 Unrealized @ Report Date +131.0%

B BARRICK MNG CORP 4.6%

Value $5.472M Shares 125,305 Share Price $43.67 Est. Cost/Share $37.42 Unrealized @ Report Date +16.4%

RGLD ROYAL GOLD INC 4.4%

Value $5.315M Shares 23,941 Share Price $222.00 Est. Cost/Share $76.98 Unrealized @ Report Date +188.8%

ELE ELEMENTAL RTY CORP 4.0%

Value $4.74M Shares 281,197 Share Price $16.86 Est. Cost/Share $15.55 Unrealized @ Report Date +9.1%

WPM WHEATON PRECIOUS METALS CORP 3.9%

Value $4.634M Shares 39,369 Share Price $117.71 Est. Cost/Share $18.45 Unrealized @ Report Date +537.1%

— DAKOTA GOLD CORP 2.6%

Value $3.094M Shares 542,720 Share Price $5.70 Est. Cost/Share $5.70 Unrealized @ Report Date —

BTG B2GOLD CORP 2.0%

Value $2.391M Shares 528,964 Share Price $4.52 Est. Cost/Share $3.98 Unrealized @ Report Date +13.4%

ARCC ARES CAPITAL CORP 1.8%

Value $2.217M Shares 109,241 Share Price $20.29 Est. Cost/Share $8.73 Unrealized @ Report Date +131.8%

EQX EQUINOX GOLD CORP 1.6%

Value $1.927M Shares 136,678 Share Price $14.10 Est. Cost/Share $9.65 Unrealized @ Report Date +45.5%

PSLV SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER 1.5%

Value $1.795M Shares 75,500 Share Price $23.77 Est. Cost/Share $23.77 Unrealized @ Report Date —

LAND GLADSTONE LD CORP 1.2%

Value $1.42M Shares 155,220 Share Price $9.15 Est. Cost/Share $9.87 Unrealized @ Report Date —

ORLA ORLA MNG LTD 1.1%

Value $1.299M Shares 96,700 Share Price $13.43 Est. Cost/Share $12.14 Unrealized @ Report Date +11.0%

IE IVANHOE ELECTRIC INC 0.8%

Value $981K Shares 61,638 Share Price $15.92 Est. Cost/Share $14.31 Unrealized @ Report Date +11.7%

WRN WESTERN COPPER & GOLD CORP 0.7%

Value $870K Shares 325,400 Share Price $2.67 Est. Cost/Share $2.31 Unrealized @ Report Date +15.6%

DMLP DORCHESTER MINERALS LP 0.5%

Value $644K Shares 29,050 Share Price $22.17 Est. Cost/Share $22.17 Unrealized @ Report Date —

GAIN GLADSTONE INVT CORP 0.5%

Value $545K Shares 39,032 Share Price $13.96 Est. Cost/Share $5.13 Unrealized @ Report Date +169.3%

ERO ERO COPPER CORP 0.4%

Value $527K Shares 18,608 Share Price $28.32 Est. Cost/Share $23.29 Unrealized @ Report Date +21.5%

PTON PELOTON INTERACTIVE INC CL A 0.4%

Value $490K Shares 79,200 Share Price $6.19 Est. Cost/Share $7.04 Unrealized @ Report Date -12.5%

CAG CONAGRA BRANDS INC 0.4%

Value $461K Shares 26,500 Share Price $17.40 Est. Cost/Share $17.64 Unrealized @ Report Date -1.8%

GBDC GOLUB CAP BDC INC 0.3%

Value $406K Shares 29,900 Share Price $13.58 Est. Cost/Share $9.11 Unrealized @ Report Date +49.0%

SEG SEAPORT ENTMT GROUP INC 0.3%

Value $341K Shares 17,300 Share Price $19.71 Est. Cost/Share $22.41 Unrealized @ Report Date -11.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FNV	FRANCO NEV CORP	78,651	$16.29M	13.6%	$207.05	$62.48	+231.8%	COM	351858105
MTA	METALLA RTY & STREAMING LTD	2,082,799	$16.18M	13.5%	$7.77	$6.60	+17.9%	COM NEW	59124U605
AEM	AGNICO EAGLE MINES LTD	69,890	$11.89M	9.9%	$170.08	$103.87	+63.2%	COM	008474108
TFPM	TRIPLE FLAG PRECIOUS METAL	323,309	$10.73M	8.9%	$33.19	$31.28	+6.2%	COM	89679M104
FSM	FORTUNA MNG CORP	941,349	$9.244M	7.7%	$9.82	$9.00	+9.0%	COM NEW	349942102
OR	OR ROYALTIES INC. COM SHS	225,992	$8.041M	6.7%	$35.58	$35.04	+1.0%	COM SHS	68390D106
PAAS	PAN AMERN SILVER CORP	153,984	$7.986M	6.7%	$51.86	$22.42	+131.0%	COM	697900108
B	BARRICK MNG CORP	125,305	$5.472M	4.6%	$43.67	$37.42	+16.4%	COM SHS	06849F108
RGLD	ROYAL GOLD INC	23,941	$5.315M	4.4%	$222.00	$76.98	+188.8%	COM	780287108
ELE	ELEMENTAL RTY CORP	281,197	$4.74M	4.0%	$16.86	$15.55	+9.1%	COM NEW	28620K106
WPM	WHEATON PRECIOUS METALS CORP	39,369	$4.634M	3.9%	$117.71	$18.45	+537.1%	COM	962879102
—	DAKOTA GOLD CORP	542,720	$3.094M	2.6%	$5.70	$5.70	—	COM	46644E100
BTG	B2GOLD CORP	528,964	$2.391M	2.0%	$4.52	$3.98	+13.4%	COM	11777Q209
ARCC	ARES CAPITAL CORP	109,241	$2.217M	1.8%	$20.29	$8.73	+131.8%	COM	04010L103
EQX	EQUINOX GOLD CORP	136,678	$1.927M	1.6%	$14.10	$9.65	+45.5%	COM	29446Y502
PSLV	SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER	75,500	$1.795M	1.5%	$23.77	$23.77	—	UNIT	85207K107
LAND	GLADSTONE LD CORP	155,220	$1.42M	1.2%	$9.15	$9.87	—	COM	376549101
ORLA	ORLA MNG LTD	96,700	$1.299M	1.1%	$13.43	$12.14	+11.0%	NEW COM	68634K106
IE	IVANHOE ELECTRIC INC	61,638	$981K	0.8%	$15.92	$14.31	+11.7%	COM	46578C108
WRN	WESTERN COPPER & GOLD CORP	325,400	$870K	0.7%	$2.67	$2.31	+15.6%	COM	95805V108
DMLP	DORCHESTER MINERALS LP	29,050	$644K	0.5%	$22.17	$22.17	—	COM UNIT	25820R105
GAIN	GLADSTONE INVT CORP	39,032	$545K	0.5%	$13.96	$5.13	+169.3%	COM	376546107
ERO	ERO COPPER CORP	18,608	$527K	0.4%	$28.32	$23.29	+21.5%	COM	296006109
PTON	PELOTON INTERACTIVE INC CL A	79,200	$490K	0.4%	$6.19	$7.04	-12.5%	COM	70614W100
CAG	CONAGRA BRANDS INC	26,500	$461K	0.4%	$17.40	$17.64	-1.8%	COM	205887102
GBDC	GOLUB CAP BDC INC	29,900	$406K	0.3%	$13.58	$9.11	+49.0%	COM	38173M102
SEG	SEAPORT ENTMT GROUP INC	17,300	$341K	0.3%	$19.71	$22.41	-11.8%	COMMON STOCK	812215200