Merk Investments LLC Long-Term Concentrated

CIK: 0001302842 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value ($000): $126,083 (100.0% shares, 0.0% debt)

Holdings (14)

ORLA ORLA MNG LTD NEW 23.0%

Value ($000) $28,959 Shares 6,900,000 Est. Cost $4.19 Unrealized +6.2%

— AMERICAS GOLD AND SILVER COR 16.0%

Value ($000) $20,167 Shares 4,601,400 Est. Cost $2.86 Unrealized —

AGI ALAMOS GOLD INC NEW 9.5%

Value ($000) $11,920 Shares 1,000,000 Est. Cost $5.19 Unrealized +141.8%

SSRM SSR MINING IN 9.0%

Value ($000) $11,346 Shares 800,000 Est. Cost $16.88 Unrealized -10.3%

— BARRICK GOLD CORP 8.7%

Value ($000) $11,005 Shares 650,000 Est. Cost $24.12 Unrealized —

GFI GOLD FIELDS LTD 6.6%

Value ($000) $8,298 Shares 600,000 Est. Cost $8.22 Unrealized —

AEM AGNICO EAGLE MINES LTD 6.5%

Value ($000) $8,247 Shares 165,000 Est. Cost $50.36 Unrealized +1.4%

BTG B2GOLD CORP 5.7%

Value ($000) $7,140 Shares 2,000,000 Est. Cost $2.82 Unrealized +24.8%

— ANGLOGOLD ASHANTI LIMITED 5.4%

Value ($000) $6,854 Shares 325,000 Est. Cost $22.62 Unrealized —

ITRG INTEGRA RES CORP 3.4%

Value ($000) $4,339 Shares 3,937,473 Est. Cost $0.72 Unrealized 0.0%

SBSW SIBANYE STILLWATER LTD 2.7%

Value ($000) $3,381 Shares 273,043 Est. Cost $5.30 Unrealized —

SKE SKEENA RES LTD NEW 2.7%

Value ($000) $3,381 Shares 700,000 Est. Cost $10.34 Unrealized -43.3%

SCHP SCHWAB STRATEGIC TR 0.6%

Value ($000) $776 Shares 14,804 Est. Cost $55.41 Unrealized —

OUNZ VANECK MERK GOLD TR 0.2%

Value ($000) $270 Shares 14,525 Est. Cost $15.07 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORLA	ORLA MNG LTD NEW	6,900,000	$28,959	23.0%	$4.19	+6.2%	COM	68634K106
—	AMERICAS GOLD AND SILVER COR	4,601,400	$20,167	16.0%	$2.86	—	COM	03062D100
AGI	ALAMOS GOLD INC NEW	1,000,000	$11,920	9.5%	$5.19	+141.8%	COM CL A	011532108
SSRM	SSR MINING IN	800,000	$11,346	9.0%	$16.88	-10.3%	COM	784730103
—	BARRICK GOLD CORP	650,000	$11,005	8.7%	$24.12	—	COM	067901108
GFI	GOLD FIELDS LTD	600,000	$8,298	6.6%	$8.22	—	SPONSORED ADR	38059T106
AEM	AGNICO EAGLE MINES LTD	165,000	$8,247	6.5%	$50.36	+1.4%	COM	008474108
BTG	B2GOLD CORP	2,000,000	$7,140	5.7%	$2.82	+24.8%	COM	11777Q209
—	ANGLOGOLD ASHANTI LIMITED	325,000	$6,854	5.4%	$22.62	—	SPONSORED ADR	035128206
ITRG	INTEGRA RES CORP	3,937,473	$4,339	3.4%	$0.72	0.0%	COM	45826T509
SBSW	SIBANYE STILLWATER LTD	273,043	$3,381	2.7%	$5.30	—	SPONSORED ADR	82575P107
SKE	SKEENA RES LTD NEW	700,000	$3,381	2.7%	$10.34	-43.3%	COM	83056P715
SCHP	SCHWAB STRATEGIC TR	14,804	$776	0.6%	$55.41	—	US TIPS ETF	808524870
OUNZ	VANECK MERK GOLD TR	14,525	$270	0.2%	$15.07	—	GOLD TRUST	921078101