Merk Investments LLC Long-Term Concentrated

CIK: 0001302842 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 16, 2021

Total Value ($000): $153,050 (100.0% shares, 0.0% debt)

Holdings (17)

ORLA ORLA MNG LTD NEW 22.1%

Value ($000) $33,868 Shares 8,200,000 Est. Cost $4.19 Unrealized -1.2%

— ANGLOGOLD ASHANTI LIMITED 9.7%

Value ($000) $14,864 Shares 800,000 Est. Cost $22.62 Unrealized —

— BARRICK GOLD CORP 9.5%

Value ($000) $14,476 Shares 700,000 Est. Cost $24.12 Unrealized —

AEM AGNICO EAGLE MINES LTD 8.9%

Value ($000) $13,601 Shares 225,000 Est. Cost $50.36 Unrealized +17.8%

GFI GOLD FIELDS LTD 8.7%

Value ($000) $13,350 Shares 1,500,000 Est. Cost $8.22 Unrealized —

AGI ALAMOS GOLD INC NEW 6.0%

Value ($000) $9,180 Shares 1,200,000 Est. Cost $5.19 Unrealized +58.4%

— INTEGRA RES CORP 5.6%

Value ($000) $8,550 Shares 2,920,000 Est. Cost $2.91 Unrealized —

BTG B2GOLD CORP 5.5%

Value ($000) $8,420 Shares 2,000,000 Est. Cost $2.82 Unrealized +42.7%

— AMERICAS GOLD AND SILVER COR 4.5%

Value ($000) $6,963 Shares 4,601,400 Est. Cost $2.86 Unrealized —

OUNZ VANECK MERK GOLD TR 4.5%

Value ($000) $6,953 Shares 403,798 Est. Cost $14.93 Unrealized —

SSRM SSR MNG INC 4.1%

Value ($000) $6,248 Shares 400,800 Est. Cost $18.54 Unrealized -9.3%

— CORVUS GOLD INC 3.6%

Value ($000) $5,501 Shares 2,000,000 Est. Cost $2.93 Unrealized —

— GOLDEN STAR RES LTD CDA 3.4%

Value ($000) $5,235 Shares 1,850,000 Est. Cost $4.92 Unrealized —

SBSW SIBANYE STILLWATER LTD 3.0%

Value ($000) $4,568 Shares 273,043 Est. Cost $5.30 Unrealized —

ASHR DBX ETF TR 0.3%

Value ($000) $491 Shares 12,100 Est. Cost $28.39 Unrealized —

EWY ISHARES INC 0.3%

Value ($000) $419 Shares 4,500 Est. Cost $57.11 Unrealized —

MCHI ISHARES TR 0.2%

Value ($000) $363 Shares 4,400 Est. Cost $62.56 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORLA	ORLA MNG LTD NEW	8,200,000	$33,868	22.1%	$4.19	-1.2%	COM	68634K106
—	ANGLOGOLD ASHANTI LIMITED	800,000	$14,864	9.7%	$22.62	—	SPONSORED ADR	035128206
—	BARRICK GOLD CORP	700,000	$14,476	9.5%	$24.12	—	COM	067901108
AEM	AGNICO EAGLE MINES LTD	225,000	$13,601	8.9%	$50.36	+17.8%	COM	008474108
GFI	GOLD FIELDS LTD	1,500,000	$13,350	8.7%	$8.22	—	SPONSORED ADR	38059T106
AGI	ALAMOS GOLD INC NEW	1,200,000	$9,180	6.0%	$5.19	+58.4%	COM CL A	011532108
—	INTEGRA RES CORP	2,920,000	$8,550	5.6%	$2.91	—	COM NEW	45826T301
BTG	B2GOLD CORP	2,000,000	$8,420	5.5%	$2.82	+42.7%	COM	11777Q209
—	AMERICAS GOLD AND SILVER COR	4,601,400	$6,963	4.5%	$2.86	—	COM	03062D100
OUNZ	VANECK MERK GOLD TR	403,798	$6,953	4.5%	$14.93	—	GOLD TRUST	921078101
SSRM	SSR MNG INC	400,800	$6,248	4.1%	$18.54	-9.3%	COM	784730103
—	CORVUS GOLD INC	2,000,000	$5,501	3.6%	$2.93	—	COM	221013105
—	GOLDEN STAR RES LTD CDA	1,850,000	$5,235	3.4%	$4.92	—	COM	38119T807
SBSW	SIBANYE STILLWATER LTD	273,043	$4,568	3.0%	$5.30	—	SPONSORED ADR	82575P107
ASHR	DBX ETF TR	12,100	$491	0.3%	$28.39	—	XTRACK HRVST CSI	233051879
EWY	ISHARES INC	4,500	$419	0.3%	$57.11	—	MSCI STH KOR ETF	464286772
MCHI	ISHARES TR	4,400	$363	0.2%	$62.56	—	MSCI CHINA ETF	46429B671