Merk Investments LLC Long-Term Concentrated

CIK: 0001302842 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value ($000): $115,086 (100.0% shares, 0.0% debt)

Holdings (15)

ORLA ORLA MNG LTD NEW 28.4%

Value ($000) $32,726 Shares 6,900,000 Est. Cost $4.19 Unrealized +1.9%

AGI ALAMOS GOLD INC NEW 10.6%

Value ($000) $12,230 Shares 1,000,000 Est. Cost $5.19 Unrealized +105.7%

SSRM SSR MINING IN 10.5%

Value ($000) $12,099 Shares 800,000 Est. Cost $16.88 Unrealized -9.7%

— BARRICK GOLD CORP 10.5%

Value ($000) $12,071 Shares 650,000 Est. Cost $24.12 Unrealized —

AEM AGNICO EAGLE MINES LTD 7.3%

Value ($000) $8,410 Shares 165,000 Est. Cost $50.36 Unrealized -4.5%

GFI GOLD FIELDS LTD 6.9%

Value ($000) $7,992 Shares 600,000 Est. Cost $8.22 Unrealized —

— ANGLOGOLD ASHANTI LIMITED 6.9%

Value ($000) $7,933 Shares 325,000 Est. Cost $22.62 Unrealized —

BTG B2GOLD CORP 6.8%

Value ($000) $7,880 Shares 2,000,000 Est. Cost $2.82 Unrealized +17.4%

SKE SKEENA RES LTD NEW 3.7%

Value ($000) $4,277 Shares 700,000 Est. Cost $10.34 Unrealized -44.3%

— INTEGRA RES CORP 2.9%

Value ($000) $3,327 Shares 6,230,000 Est. Cost $1.73 Unrealized —

SBSW SIBANYE STILLWATER LTD 2.0%

Value ($000) $2,345 Shares 273,043 Est. Cost $5.30 Unrealized —

— AMERICAS GOLD AND SILVER COR 1.9%

Value ($000) $2,199 Shares 4,601,400 Est. Cost $2.86 Unrealized —

SCHP SCHWAB STRATEGIC TR 1.0%

Value ($000) $1,100 Shares 20,513 Est. Cost $55.41 Unrealized —

OUNZ VANECK MERK GOLD TR 0.3%

Value ($000) $345 Shares 18,063 Est. Cost $15.07 Unrealized —

DBO INVESCO DB MULTI-SECTOR COMM 0.1%

Value ($000) $154 Shares 10,580 Est. Cost $18.05 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORLA	ORLA MNG LTD NEW	6,900,000	$32,726	28.4%	$4.19	+1.9%	COM	68634K106
AGI	ALAMOS GOLD INC NEW	1,000,000	$12,230	10.6%	$5.19	+105.7%	COM CL A	011532108
SSRM	SSR MINING IN	800,000	$12,099	10.5%	$16.88	-9.7%	COM	784730103
—	BARRICK GOLD CORP	650,000	$12,071	10.5%	$24.12	—	COM	067901108
AEM	AGNICO EAGLE MINES LTD	165,000	$8,410	7.3%	$50.36	-4.5%	COM	008474108
GFI	GOLD FIELDS LTD	600,000	$7,992	6.9%	$8.22	—	SPONSORED ADR	38059T106
—	ANGLOGOLD ASHANTI LIMITED	325,000	$7,933	6.9%	$22.62	—	SPONSORED ADR	035128206
BTG	B2GOLD CORP	2,000,000	$7,880	6.8%	$2.82	+17.4%	COM	11777Q209
SKE	SKEENA RES LTD NEW	700,000	$4,277	3.7%	$10.34	-44.3%	COM	83056P715
—	INTEGRA RES CORP	6,230,000	$3,327	2.9%	$1.73	—	COM NEW	45826T301
SBSW	SIBANYE STILLWATER LTD	273,043	$2,345	2.0%	$5.30	—	SPONSORED ADR	82575P107
—	AMERICAS GOLD AND SILVER COR	4,601,400	$2,199	1.9%	$2.86	—	COM	03062D100
SCHP	SCHWAB STRATEGIC TR	20,513	$1,100	1.0%	$55.41	—	US TIPS ETF	808524870
OUNZ	VANECK MERK GOLD TR	18,063	$345	0.3%	$15.07	—	GOLD TRUST	921078101
DBO	INVESCO DB MULTI-SECTOR COMM	10,580	$154	0.1%	$18.05	—	OIL FD	46140H403