Merk Investments LLC Long-Term Concentrated

CIK: 0001302842 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 14, 2023

Total Value ($000): $88,534 (100.0% shares, 0.0% debt)

Holdings (14)

ORLA ORLA MNG LTD NEW 24.7%

Value ($000) $21,911 Shares 6,200,000 Est. Cost $4.19 Unrealized +6.0%

AGI ALAMOS GOLD INC NEW 12.8%

Value ($000) $11,290 Shares 1,000,000 Est. Cost $5.19 Unrealized +129.3%

SSRM SSR MINING IN 12.0%

Value ($000) $10,627 Shares 800,000 Est. Cost $16.88 Unrealized -14.1%

— BARRICK GOLD CORP 10.7%

Value ($000) $9,458 Shares 650,000 Est. Cost $24.12 Unrealized —

AEM AGNICO EAGLE MINES LTD 8.5%

Value ($000) $7,499 Shares 165,000 Est. Cost $50.36 Unrealized -7.3%

GFI GOLD FIELDS LTD 7.4%

Value ($000) $6,516 Shares 600,000 Est. Cost $8.22 Unrealized —

BTG B2GOLD CORP 6.5%

Value ($000) $5,780 Shares 2,000,000 Est. Cost $2.82 Unrealized +4.8%

AU ANGLOGOLD ASHANTI PLC 5.8%

Value ($000) $5,135 Shares 325,000 Est. Cost $17.52 Unrealized 0.0%

SKE SKEENA RES LTD NEW 3.6%

Value ($000) $3,220 Shares 700,000 Est. Cost $10.34 Unrealized -53.1%

ITRG INTEGRA RES CORP 3.6%

Value ($000) $3,196 Shares 3,937,472 Est. Cost $0.72 Unrealized +28.3%

SBSW SIBANYE STILLWATER LTD 1.9%

Value ($000) $1,715 Shares 273,043 Est. Cost $5.30 Unrealized —

— AMERICAS GOLD AND SILVER COR 1.2%

Value ($000) $1,033 Shares 2,897,930 Est. Cost $2.86 Unrealized —

SCHP SCHWAB STRATEGIC TR 0.9%

Value ($000) $754 Shares 14,941 Est. Cost $55.41 Unrealized —

OUNZ VANECK MERK GOLD TR 0.5%

Value ($000) $400 Shares 22,369 Est. Cost $16.06 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORLA	ORLA MNG LTD NEW	6,200,000	$21,911	24.7%	$4.19	+6.0%	COM	68634K106
AGI	ALAMOS GOLD INC NEW	1,000,000	$11,290	12.8%	$5.19	+129.3%	COM CL A	011532108
SSRM	SSR MINING IN	800,000	$10,627	12.0%	$16.88	-14.1%	COM	784730103
—	BARRICK GOLD CORP	650,000	$9,458	10.7%	$24.12	—	COM	067901108
AEM	AGNICO EAGLE MINES LTD	165,000	$7,499	8.5%	$50.36	-7.3%	COM	008474108
GFI	GOLD FIELDS LTD	600,000	$6,516	7.4%	$8.22	—	SPONSORED ADR	38059T106
BTG	B2GOLD CORP	2,000,000	$5,780	6.5%	$2.82	+4.8%	COM	11777Q209
AU	ANGLOGOLD ASHANTI PLC	325,000	$5,135	5.8%	$17.52	0.0%	COM SHS	G0378L100
SKE	SKEENA RES LTD NEW	700,000	$3,220	3.6%	$10.34	-53.1%	COM	83056P715
ITRG	INTEGRA RES CORP	3,937,472	$3,196	3.6%	$0.72	+28.3%	COM	45826T509
SBSW	SIBANYE STILLWATER LTD	273,043	$1,715	1.9%	$5.30	—	SPONSORED ADR	82575P107
—	AMERICAS GOLD AND SILVER COR	2,897,930	$1,033	1.2%	$2.86	—	COM	03062D100
SCHP	SCHWAB STRATEGIC TR	14,941	$754	0.9%	$55.41	—	US TIPS ETF	808524870
OUNZ	VANECK MERK GOLD TR	22,369	$400	0.5%	$16.06	—	GOLD TRUST	921078101