Merk Investments LLC Long-Term Concentrated

CIK: 0001302842 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 12, 2022

Total Value ($000): $179,366 (100.0% shares, 0.0% debt)

Holdings (14)

ORLA ORLA MNG LTD NEW 21.9%

Value ($000) $39,224 Shares 8,200,000 Est. Cost $4.19 Unrealized -4.1%

SSRM SSR MNG INC 12.8%

Value ($000) $22,906 Shares 1,050,000 Est. Cost $16.88 Unrealized +11.6%

GFI GOLD FIELDS LTD 11.2%

Value ($000) $20,098 Shares 1,300,000 Est. Cost $8.22 Unrealized —

— ANGLOGOLD ASHANTI LIMITED 10.6%

Value ($000) $19,061 Shares 800,000 Est. Cost $22.62 Unrealized —

— BARRICK GOLD CORP 9.6%

Value ($000) $17,171 Shares 700,000 Est. Cost $24.12 Unrealized —

AEM AGNICO EAGLE MINES LTD 6.8%

Value ($000) $12,248 Shares 200,000 Est. Cost $50.36 Unrealized -2.6%

AGI ALAMOS GOLD INC NEW 5.6%

Value ($000) $10,104 Shares 1,200,000 Est. Cost $5.19 Unrealized +41.1%

BTG B2GOLD CORP 5.1%

Value ($000) $9,180 Shares 2,000,000 Est. Cost $2.82 Unrealized +21.4%

SKE SKEENA RES LTD NEW 4.3%

Value ($000) $7,791 Shares 700,000 Est. Cost $10.34 Unrealized +8.9%

OUNZ VANECK MERK GOLD TR 3.9%

Value ($000) $7,057 Shares 374,799 Est. Cost $15.01 Unrealized —

— AMERICAS GOLD AND SILVER COR 2.8%

Value ($000) $4,994 Shares 4,601,400 Est. Cost $2.86 Unrealized —

— INTEGRA RES CORP 2.6%

Value ($000) $4,645 Shares 3,230,000 Est. Cost $2.85 Unrealized —

SBSW SIBANYE STILLWATER LTD 2.5%

Value ($000) $4,566 Shares 273,043 Est. Cost $5.30 Unrealized —

EWY ISHARES INC 0.2%

Value ($000) $321 Shares 4,500 Est. Cost $57.11 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORLA	ORLA MNG LTD NEW	8,200,000	$39,224	21.9%	$4.19	-4.1%	COM	68634K106
SSRM	SSR MNG INC	1,050,000	$22,906	12.8%	$16.88	+11.6%	COM	784730103
GFI	GOLD FIELDS LTD	1,300,000	$20,098	11.2%	$8.22	—	SPONSORED ADR	38059T106
—	ANGLOGOLD ASHANTI LIMITED	800,000	$19,061	10.6%	$22.62	—	SPONSORED ADR	035128206
—	BARRICK GOLD CORP	700,000	$17,171	9.6%	$24.12	—	COM	067901108
AEM	AGNICO EAGLE MINES LTD	200,000	$12,248	6.8%	$50.36	-2.6%	COM	008474108
AGI	ALAMOS GOLD INC NEW	1,200,000	$10,104	5.6%	$5.19	+41.1%	COM CL A	011532108
BTG	B2GOLD CORP	2,000,000	$9,180	5.1%	$2.82	+21.4%	COM	11777Q209
SKE	SKEENA RES LTD NEW	700,000	$7,791	4.3%	$10.34	+8.9%	COM	83056P715
OUNZ	VANECK MERK GOLD TR	374,799	$7,057	3.9%	$15.01	—	GOLD TRUST	921078101
—	AMERICAS GOLD AND SILVER COR	4,601,400	$4,994	2.8%	$2.86	—	COM	03062D100
—	INTEGRA RES CORP	3,230,000	$4,645	2.6%	$2.85	—	COM NEW	45826T301
SBSW	SIBANYE STILLWATER LTD	273,043	$4,566	2.5%	$5.30	—	SPONSORED ADR	82575P107
EWY	ISHARES INC	4,500	$321	0.2%	$57.11	—	MSCI STH KOR ETF	464286772