GLOBAL STRATEGIC MANAGEMENT INC Diversified Active

Name: GLOBAL STRATEGIC MANAGEMENT INC Q1 2026 13F Filing | 13F Explorer
Creator: GLOBAL STRATEGIC MANAGEMENT INC
Published: 2026-05-13

Location: San Juan, Puerto Rico

CIK: 0001413303 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 13, 2026

Total Value: $120M

Holdings (25)

New Positions (4)

— DAKOTA GOLD CORP 2.3%

Value $2.77M Shares 555,084 Est. Cost $0.00 Unrealized —

DEO DIAGEO PLC 0.6%

Value $759K Shares 10,200 Est. Cost $0.07 Unrealized —

VMET VERSAMET ROYALTIES CORP 0.3%

Value $316K Shares 33,500 Est. Cost $0.01 Unrealized —

IAUX I-80 GOLD CORP 0.2%

Value $181K Shares 120,000 Est. Cost $1.76 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	DAKOTA GOLD CORP	555,084	$2.77M	2.3%	$0.00	—	—	46655E108
DEO	DIAGEO PLC	10,200	$759K	0.6%	$0.07	—	—	25243Q205
VMET	VERSAMET ROYALTIES CORP	33,500	$316K	0.3%	$0.01	—	—	92528V200
IAUX	I-80 GOLD CORP	120,000	$181K	0.2%	$1.76	0.0%	—	44955L106

Increased Positions (7)

MTA METALLA RTY & STREAMING LTD 12.7%

Value $15.31M (-5.4%) Shares 2,319,749 (+11.4%) Est. Cost $6.74 Unrealized +19.3%

EQX EQUINOX GOLD CORP 2.1%

Value $2.53M (+31.3%) Shares 175,178 (+28.2%) Est. Cost $10.94 Unrealized +41.9%

FSM FORTUNA MNG CORP 8.0%

Value $9.663M (+4.5%) Shares 977,049 (+3.8%) Est. Cost $9.07 Unrealized +20.6%

WRN WESTERN COPPER & GOLD CORP 0.9%

Value $1.111M (+27.7%) Shares 439,200 (+35.0%) Est. Cost $2.58 Unrealized +29.8%

GBDC GOLUB CAP BDC INC 0.5%

Value $645K (+58.9%) Shares 50,700 (+69.6%) Est. Cost $10.76 Unrealized +22.0%

CAG CONAGRA BRANDS INC 0.5%

Value $589K (+27.8%) Shares 37,500 (+41.5%) Est. Cost $17.75 Unrealized +1.5%

BTG B2GOLD CORP 2.1%

Value $2.473M (+3.4%) Shares 547,164 (+3.4%) Est. Cost $4.01 Unrealized +27.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MTA	METALLA RTY & STREAMING LTD	2,319,749 (+11.4%)	$15.31M (-5.4%)	12.7%	$6.74	+19.3%	—	59124U605
EQX	EQUINOX GOLD CORP	175,178 (+28.2%)	$2.53M (+31.3%)	2.1%	$10.94	+41.9%	—	29446Y502
FSM	FORTUNA MNG CORP	977,049 (+3.8%)	$9.663M (+4.5%)	8.0%	$9.07	+20.6%	—	349942102
WRN	WESTERN COPPER & GOLD CORP	439,200 (+35.0%)	$1.111M (+27.7%)	0.9%	$2.58	+29.8%	—	95805V108
GBDC	GOLUB CAP BDC INC	50,700 (+69.6%)	$645K (+58.9%)	0.5%	$10.76	+22.0%	—	38173M102
CAG	CONAGRA BRANDS INC	37,500 (+41.5%)	$589K (+27.8%)	0.5%	$17.75	+1.5%	—	205887102
BTG	B2GOLD CORP	547,164 (+3.4%)	$2.473M (+3.4%)	2.1%	$4.01	+27.7%	—	11777Q209

Exited Positions (6)

— DAKOTA GOLD CORP 2.6%

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

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 +169.5%

ERO ERO COPPER CORP 0.4%

Value $527K Shares 18,608 Est. Cost $23.29 Unrealized +36.3%

PTON PELOTON INTERACTIVE INC CL A 0.4%

Value $490K Shares 79,200 Est. Cost $7.04 Unrealized -22.8%

SEG SEAPORT ENTMT GROUP INC 0.3%

Value $341K Shares 17,300 Est. Cost $22.41 Unrealized -9.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	DAKOTA GOLD CORP	542,720	$3.094M	2.6%	$0.01	—	—	46644E100
DMLP	DORCHESTER MINERALS LP	29,050	$644K	0.5%	$0.02	—	—	25820R105
GAIN	GLADSTONE INVT CORP	39,032	$545K	0.5%	$5.13	+169.5%	—	376546107
ERO	ERO COPPER CORP	18,608	$527K	0.4%	$23.29	+36.3%	—	296006109
PTON	PELOTON INTERACTIVE INC CL A	79,200	$490K	0.4%	$7.04	-22.8%	—	70614W100
SEG	SEAPORT ENTMT GROUP INC	17,300	$341K	0.3%	$22.41	-9.1%	—	812215200

Decreased Positions (13)

FNV FRANCO NEV CORP 15.6%

Value $18.83M (+15.6%) Shares 76,216 (-3.1%) Est. Cost $62.48 Unrealized +293.4%

B BARRICK MNG CORP 2.5%

Value $2.998M (-45.2%) Shares 73,534 (-41.3%) Est. Cost $37.42 Unrealized +29.1%

AEM AGNICO EAGLE MINES LTD 11.5%

Value $13.86M (+16.6%) Shares 68,270 (-2.3%) Est. Cost $103.87 Unrealized +98.3%

IE IVANHOE ELECTRIC INC 0.4%

Value $491K (-49.9%) Shares 41,638 (-32.4%) Est. Cost $14.31 Unrealized +21.3%

ARCC ARES CAPITAL CORP 1.5%

Value $1.857M (-16.2%) Shares 103,112 (-5.6%) Est. Cost $8.73 Unrealized +129.2%

RGLD ROYAL GOLD INC 4.7%

Value $5.644M (+6.2%) Shares 22,221 (-7.2%) Est. Cost $76.98 Unrealized +250.8%

TFPM TRIPLE FLAG PRECIOUS METAL 8.7%

Value $10.5M (-2.2%) Shares 302,378 (-6.5%) Est. Cost $31.28 Unrealized +16.3%

LAND GLADSTONE LD CORP 1.0%

Value $1.238M (-12.8%) Shares 121,720 (-21.6%) Est. Cost $3.43 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 3.9%

Value $4.756M (+2.6%) Shares 36,349 (-7.7%) Est. Cost $18.45 Unrealized +658.0%

PAAS PAN AMERN SILVER CORP 6.7%

Value $8.099M (+1.4%) Shares 148,284 (-3.7%) Est. Cost $22.42 Unrealized +160.4%

ELE ELEMENTAL RTY CORP 3.9%

Value $4.682M (-1.2%) Shares 247,719 (-11.9%) Est. Cost $15.55 Unrealized +30.1%

ORLA ORLA MNG LTD 1.0%

Value $1.257M (-3.2%) Shares 78,300 (-19.0%) Est. Cost $12.14 Unrealized +36.1%

OR OR ROYALTIES INC 6.7%

Value $8.043M (+0.0%) Shares 211,502 (-6.4%) Est. Cost $35.04 Unrealized +19.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FNV	FRANCO NEV CORP	76,216 (-3.1%)	$18.83M (+15.6%)	15.6%	$62.48	+293.4%	—	351858105
B	BARRICK MNG CORP	73,534 (-41.3%)	$2.998M (-45.2%)	2.5%	$37.42	+29.1%	—	06849F108
AEM	AGNICO EAGLE MINES LTD	68,270 (-2.3%)	$13.86M (+16.6%)	11.5%	$103.87	+98.3%	—	008474108
IE	IVANHOE ELECTRIC INC	41,638 (-32.4%)	$491K (-49.9%)	0.4%	$14.31	+21.3%	—	46578C108
ARCC	ARES CAPITAL CORP	103,112 (-5.6%)	$1.857M (-16.2%)	1.5%	$8.73	+129.2%	—	04010L103
RGLD	ROYAL GOLD INC	22,221 (-7.2%)	$5.644M (+6.2%)	4.7%	$76.98	+250.8%	—	780287108
TFPM	TRIPLE FLAG PRECIOUS METAL	302,378 (-6.5%)	$10.5M (-2.2%)	8.7%	$31.28	+16.3%	—	89679M104
LAND	GLADSTONE LD CORP	121,720 (-21.6%)	$1.238M (-12.8%)	1.0%	$3.43	—	—	376549101
WPM	WHEATON PRECIOUS METALS CORP	36,349 (-7.7%)	$4.756M (+2.6%)	3.9%	$18.45	+658.0%	—	962879102
PAAS	PAN AMERN SILVER CORP	148,284 (-3.7%)	$8.099M (+1.4%)	6.7%	$22.42	+160.4%	—	697900108
ELE	ELEMENTAL RTY CORP	247,719 (-11.9%)	$4.682M (-1.2%)	3.9%	$15.55	+30.1%	—	28620K106
ORLA	ORLA MNG LTD	78,300 (-19.0%)	$1.257M (-3.2%)	1.0%	$12.14	+36.1%	—	68634K106
OR	OR ROYALTIES INC	211,502 (-6.4%)	$8.043M (+0.0%)	6.7%	$35.04	+19.5%	—	68390D106

Unchanged Positions (1)

PSLV SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER 1.5%

Value $1.841M Shares 75,500 Est. Cost $0.02 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PSLV	SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER	75,500	$1.841M	1.5%	$0.02	—	—	85207K107