Location: San Antonio, TX
CIK: 0000754811 · Show all filings
Period: Q2 2026 (← Previous) (Next →)
Filing Date: Jul 27, 2026
Total Value: $1.04B (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| AAL | AMERICAN AIRLINE | 6,001,172 | $108M | 10.4% | $18.07 | $14.60 | +23.8% | COM | 02376R102 |
| UAL | UNITED AIRLINES | 780,724 | $106M | 10.2% | $135.99 | $42.34 | +221.2% | COM | 910047109 |
| LUV | SOUTHWEST AIR | 1,985,637 | $102M | 9.8% | $51.42 | $36.32 | +41.6% | COM | 844741108 |
| DAL | DELTA AIR LI | 1,075,013 | $101M | 9.7% | $93.66 | $34.35 | +172.7% | COM NEW | 247361702 |
| ALGT | ALLEGIANT TRAVEL | 347,245 | $40.84M | 3.9% | $117.60 | $82.34 | +42.8% | COM | 01748X102 |
| ULCC | FRONTIER GROUP H | 4,914,655 | $38.87M | 3.7% | $7.91 | $4.87 | +62.4% | COM | 35909R108 |
| JBLU | JETBLUE AIRWAYS | 5,996,231 | $34.36M | 3.3% | $5.73 | $7.89 | -27.3% | COM | 477143101 |
| ALK | ALASKA AIR GROUP | 639,713 | $33.39M | 3.2% | $52.20 | $44.11 | +18.4% | COM | 011659109 |
| SKYW | SKYWEST INC | 333,087 | $33.09M | 3.2% | $99.33 | $52.12 | +90.6% | COM | 830879102 |
| AYASF | AYA GOLD & SILVE | 1,125,000 | $21.26M | 2.0% | $18.90 | $17.86 | +7.7% | COM | 05466C109 |
| SABR | SABRE CORP | 9,885,943 | $20.66M | 2.0% | $2.09 | $2.61 | -19.9% | COM | 78573M104 |
| TRIP | TRIPADVISOR INC | 1,393,974 | $19.11M | 1.8% | $13.71 | $21.40 | -35.9% | COM | 896945201 |
| EXPE | EXPEDIA GROUP IN | 73,940 | $18.92M | 1.8% | $255.88 | $177.80 | +43.9% | COM NEW | 30212P303 |
| BKNG | BOOKING HOLDINGS | 101,546 | $18.1M | 1.7% | $178.24 | $241.30 | -26.1% | COM | 09857L108 |
| GD | GENERAL DYNAMICS | 46,295 | $16.4M | 1.6% | $354.24 | $202.04 | +75.3% | COM | 369550108 |
| FNV | FRANCO-NEVADA CO ⚠ | 78,532 | $16.37M | 1.6% | $208.44 | $129.31 | +61.2% | COM | 351858105 |
| TXT | TEXTRON INC | 177,167 | $16.25M | 1.6% | $91.73 | $72.05 | +27.3% | COM | 883203101 |
| BA | BOEING CO/THE | 74,907 | $16.22M | 1.6% | $216.47 | $178.32 | +21.4% | COM | 097023105 |
| OR | OR ROYALTIES INC ⚠ | 498,223 | $15.76M | 1.5% | $31.63 | $32.31 | -2.1% | COM SHS | 68390D106 |
| WPM | WHEATON PRECIOUS | 139,426 | $15.66M | 1.5% | $112.32 | $110.62 | +1.5% | COM | 962879102 |
| IAG | IAMGOLD CORP | 878,486 | $13.92M | 1.3% | $15.84 | $12.15 | +30.3% | COM | 450913108 |
| USAS | AMERICAS GOLD AN | 2,625,000 | $12.39M | 1.2% | $4.72 | $4.48 | +5.3% | COM NEW | 03062D803 |
| LTM | LATAM AIRLINES G | 161,198 | $9.393M | 0.9% | $58.27 | $42.29 | +37.8% | SPONSORED ADR | 51817R205 |
| RYAAY | RYANAIR HLDG-ADR | 139,753 | $9.049M | 0.9% | $64.75 | $47.01 | +37.7% | SPONSORED ADR | 783513203 |
| EXK | ENDEAVOUR SILVER | 1,043,200 | $8.642M | 0.8% | $8.28 | $7.75 | +6.8% | COM | 29258Y103 |
| VOXR | VOX ROYALTY CORP | 1,662,000 | $7.861M | 0.8% | $4.73 | $2.48 | +90.7% | COM | 92919F103 |
| CDE | COEUR MNG INC | 439,303 | $7.169M | 0.7% | $16.32 | $14.77 | +10.5% | COM NEW | 192108504 |
| TCOM | TRIP.COM GRO-ADR | 175,270 | $6.983M | 0.7% | $39.84 | $41.09 | -3.0% | ADS | 89677Q107 |
| HMY | HARMONY GOLD-ADR | 428,647 | $6.52M | 0.6% | $15.21 | $13.21 | +15.1% | SPONSORED ADR | 413216300 |
| FSM | FORTUNA MINING C | 743,591 | $6.283M | 0.6% | $8.45 | $9.34 | -9.5% | COM NEW | 349942102 |
| B | BARRICK MNG CORP | 170,000 | $6.244M | 0.6% | $36.73 | $34.72 | +5.8% | COM SHS | 06849F108 |
| ARIS | ARIS MINING CORP | 400,000 | $5.953M | 0.6% | $14.88 | $8.63 | +72.8% | COM | 04040Y109 |
| MMYT | MAKEMYTRIP LTD | 99,379 | $5.296M | 0.5% | $53.29 | $54.66 | -2.5% | SHS | V5633W109 |
| CGAU | CENTERRA GOLD IN | 300,000 | $4.747M | 0.5% | $15.82 | $12.52 | +26.7% | COM | 152006102 |
| OMAB | GRUPO AEROPO-ADR | 41,857 | $4.734M | 0.5% | $113.09 | $107.16 | +5.5% | SPON ADR | 400501102 |
| EMBJ | EMBRAER SA-ADR | 73,982 | $4.72M | 0.5% | $63.80 | $34.14 | +86.9% | SPONSORED ADS | 29082A107 |
| AEM | AGNICO EAGLE MINES LTD | 30,000 | $4.654M | 0.4% | $155.13 | $138.75 | +11.8% | COM | 008474108 |
| NEM | NEWMONT CORP | 49,739 | $4.646M | 0.4% | $93.40 | $113.58 | -17.8% | COM | 651639106 |
| CPA | COPA HOLDIN-CL A | 29,833 | $4.641M | 0.4% | $155.57 | $83.58 | +86.1% | CL A | P31076105 |
| PAAS | PAN AMER SILVER ⚠ | 103,000 | $4.613M | 0.4% | $44.79 | $44.65 | +0.3% | COM | 697900108 |
| ASR | GRUPO AEROPO-ADR | 14,624 | $4.485M | 0.4% | $306.70 | $266.94 | +14.9% | SPON ADR SER B | 40051E202 |
| MTA | METALLA RTY & STREAMING LTD | 558,500 | $4.25M | 0.4% | $7.61 | $5.80 | +31.3% | COM NEW | 59124U605 |
| VZLA | VIZSLA SILVER CO | 1,050,000 | $3.443M | 0.3% | $3.28 | $1.62 | +103.3% | COM NEW | 92859G608 |
| TFPM | TRIPLE FLAG ⚠ | 112,000 | $3.357M | 0.3% | $29.97 | $27.06 | +10.8% | COM | 89679M104 |
| PAAS | PAN AMERN SILVER CORP ⚠ | 73,555 | $3.295M | 0.3% | $44.79 | $44.65 | +0.3% | COM | 697900108 |
| ASM | AVINO SILVER ⚠ | 510,000 | $3.226M | 0.3% | $6.33 | $6.95 | -8.8% | COM | 053906103 |
| AUGO | AURA MINERALS INC | 50,000 | $3.147M | 0.3% | $62.95 | $28.59 | +120.2% | SHS NEW | G06973112 |
| SSRM | SSR MINING IN | 110,000 | $3.111M | 0.3% | $28.28 | $26.49 | +6.7% | COM | 784730103 |
| AGI | ALAMOS GOLD INC NEW | 100,000 | $3.034M | 0.3% | $30.34 | $38.30 | -20.8% | COM CL A | 011532108 |
| RACE | FERRARI N V | 7,925 | $2.95M | 0.3% | $372.29 | $414.30 | -10.1% | COM | N3167Y103 |
| TSLA | TESLA INC | 6,450 | $2.713M | 0.3% | $420.60 | $367.09 | +14.6% | COM | 88160R101 |
| RCL | ROYAL CARIBBEAN GROUP | 8,530 | $2.709M | 0.3% | $317.53 | $187.96 | +68.9% | COM | V7780T103 |
| OR | OR ROYALTIES INC. ⚠ | 82,500 | $2.609M | 0.3% | $31.63 | $32.31 | -2.1% | COM SHS | 68390D106 |
| SVM | SILVERCORP METALS INC | 250,000 | $2.525M | 0.2% | $10.10 | $8.13 | +24.2% | COM | 82835P103 |
| WDS | WOODSIDE ENERGY GROUP LTD | 125,000 | $2.415M | 0.2% | $19.32 | $19.45 | -0.7% | SPONSORED ADR | 980228308 |
| SBSW | SIBANYE STILLWATER LTD | 275,000 | $2.335M | 0.2% | $8.49 | $5.47 | +55.3% | SPONSORED ADR | 82575P107 |
| SCZM | SANTACRUZ SILVER | 350,000 | $2.266M | 0.2% | $6.47 | $10.78 | -39.8% | COM NEW SHS | 80280U205 |
| VMET | VERSAMET ROYALTI | 250,000 | $2.146M | 0.2% | $8.58 * | $10.26 | +19.9% | COM NEW | 92528V200 |
| VIK | VIKING HOLDINGS LTD | 18,935 | $1.982M | 0.2% | $104.67 | $71.73 | +45.9% | ORD SHS | G93A5A101 |
| MUX | MCEWEN INC | 100,000 | $1.817M | 0.2% | $18.17 | $18.60 | -2.6% | COM NEW | 58039P305 |
| TFPM | TRIPLE FLAG PRECIOUS METAL ⚠ | 60,000 | $1.798M | 0.2% | $29.97 | $27.06 | +10.8% | COM | 89679M104 |
| AMZN | AMAZON COM INC | 7,500 | $1.788M | 0.2% | $238.34 | $220.17 | +8.3% | COM | 023135106 |
| TTE | TOTALENERGIES SE | 22,000 | $1.711M | 0.2% | $77.76 | $67.42 | +15.3% | ACT | F92124100 |
| NTR | NUTRIEN LTD | 25,000 | $1.574M | 0.2% | $62.95 | $55.13 | +14.2% | COM | 67077M108 |
| HSLV | HIGHLANDER SILVE | 325,000 | $1.523M | 0.1% | $4.69 | $5.62 | -17.1% | COM | 43087N204 |
| CCL | CARNIVAL CORP LTD | 52,500 | $1.5M | 0.1% | $28.57 | $28.57 | — | COMMON SHARES | G2004J103 |
| LNG | CHENIERE ENERGY INC | 6,200 | $1.482M | 0.1% | $239.01 | $173.04 | +38.1% | COM NEW | 16411R208 |
| SHEL | SHELL PLC | 18,000 | $1.396M | 0.1% | $77.54 | $72.48 | +7.0% | SPON ADS | 780259305 |
| AXP | AMERICAN EXPRESS CO | 3,930 | $1.329M | 0.1% | $338.25 | $320.17 | +5.6% | COM | 025816109 |
| HLT | HILTON WORLDWIDE HLDGS INC | 3,950 | $1.305M | 0.1% | $330.46 | $239.08 | +38.2% | COM | 43300A203 |
| LTH | LIFE TIME GROUP HOLDINGS INC | 31,600 | $1.291M | 0.1% | $40.84 | $29.30 | +39.4% | COMMON STOCK | 53190C102 |
| BMM | BLUE MOON METALS | 200,000 | $1.267M | 0.1% | $6.33 | $5.98 | +6.9% | COM | 09570Q509 |
| OCANF | OCEANAGOLD CORP | 50,000 | $1.251M | 0.1% | $25.01 * | $32.49 | -3.3% | COM NEW | 675222400 |
| EL | LAUDER ESTEE COS INC | 15,800 | $1.247M | 0.1% | $78.95 | $92.83 | -15.0% | CL A | 518439104 |
| XOM | EXXON MOBIL CORP | 8,500 | $1.162M | 0.1% | $136.72 | $117.50 | +16.4% | COM | 30231G102 |
| HL | HECLA MINING COMPANY | 75,000 | $1.157M | 0.1% | $15.43 | $22.48 | -31.4% | COM | 422704106 |
| UBS | UBS GROUP AG | 22,300 | $1.105M | 0.1% | $49.56 | $40.69 | +21.8% | SHS | H42097107 |
| CAT | CATERPILLAR INC | 1,000 | $1.065M | 0.1% | $1064.90 | $555.50 | +91.7% | COM | 149123101 |
| TOL | TOLL BROTHERS INC | 6,300 | $1.038M | 0.1% | $164.75 | $146.18 | +12.7% | COM | 889478103 |
| MAR | MARRIOTT INTL INC NEW | 2,550 | $945K | 0.1% | $370.59 | $285.32 | +29.9% | CL A | 571903202 |
| DHT | DHT HOLDINGS INC | 54,236 | $897K | 0.1% | $16.53 | $17.05 | -3.0% | SHS NEW | Y2065G121 |
| INSW | INTERNATIONAL SE | 11,130 | $852K | 0.1% | $76.59 | $81.05 | -5.5% | COM | Y41053102 |
| GFI | GOLD FIELDS LTD | 25,000 | $840K | 0.1% | $33.59 | $38.91 | -13.7% | SPONSORED ADR | 38059T106 |
| LVS | LAS VEGAS SANDS CORP | 17,700 | $818K | 0.1% | $46.19 | $58.30 | -20.8% | COM | 517834107 |
| AU | ANGLOGOLD ASHANTI PLC | 10,000 | $809K | 0.1% | $80.89 | $60.78 | +33.1% | COM SHS | G0378L100 |
| ITRG | INTEGRA RES CORP | 350,000 | $795K | 0.1% | $2.27 | $3.18 | -28.6% | COM | 45826T509 |
| BX | BLACKSTONE INC | 6,300 | $741K | 0.1% | $117.67 | $120.16 | -2.1% | COM | 09260D107 |
| MAKO | MAKO MINING CORP | 100,000 | $734K | 0.1% | $7.34 | $6.99 | +4.5% | COM NEW | 56089A400 |
| SSMR | SUNSHINE SILVER MNG & REFNG | 55,000 | $727K | 0.1% | $13.22 | $14.14 | -6.5% | COMMON STOCK | 867866105 |
| GSL | GLOBAL SHIP-CL A | 18,766 | $706K | 0.1% | $37.60 | $33.20 | +13.3% | COM CL A | Y27183600 |
| STNG | SCORPIO TANKERS | 9,480 | $657K | 0.1% | $69.26 | $69.26 | — | SHS | Y7542C130 |
| ASM | AVINO SILVER & GOLD MINES LT ⚠ | 100,000 | $634K | 0.1% | $6.34 | $6.95 | -8.8% | COM | 053906103 |
| PPTA | PERPETUA RESOURCES CORP | 30,000 | $623K | 0.1% | $20.76 | $10.12 | +105.0% | COM | 714266103 |
| TK | TEEKAY CORP LTD | 61,009 | $610K | 0.1% | $10.00 | $11.02 | -9.3% | SHS | G8726T105 |
| ODV | OSISKO DEVELOPMENT CORP | 250,000 | $607K | 0.1% | $2.43 | $1.70 | +44.4% | COM NEW | 68828E809 |
| TPR | TAPESTRY INC | 4,045 | $592K | 0.1% | $146.38 | $74.95 | +95.3% | COM | 876030107 |
| BWLP | BW LPG LTD | 33,953 | $591K | 0.1% | $17.40 | $14.77 | +18.0% | COM | Y10230103 |
| AAPL | APPLE INC | 2,000 | $579K | 0.1% | $289.36 | $286.04 | +1.2% | COM | 037833100 |
| ZTO | ZTO EXPRESS -ADR | 24,296 | $544K | 0.1% | $22.38 | $22.05 | +1.5% | SPONSORED ADS A | 98980A105 |
| UPS | UNITED PARCEL-B | 5,034 | $541K | 0.1% | $107.50 | $113.22 | -5.0% | CL B | 911312106 |
| EXPD | EXPEDITORS INTL | 3,286 | $536K | 0.1% | $162.98 | $127.73 | +27.6% | COM | 302130109 |
| FDX | FEDEX CORP | 1,618 | $507K | 0.0% | $313.13 | $259.91 | +20.5% | COM | 31428X106 |
| IE | IVANHOE ELECTRIC | 51,499 | $495K | 0.0% | $9.61 | $11.72 | -18.0% | COM | 46578C108 |
| FNV | FRANCO NEV CORP ⚠ | 2,090 | $436K | 0.0% | $208.44 | $129.31 | +61.2% | COM | 351858105 |
| CNL | COLLECTIVE MININ | 35,000 | $430K | 0.0% | $12.28 | $2.97 | +312.5% | COM | 19425C100 |
| SIND | SINDA LTD | 35,000 | $420K | 0.0% | $12.00 | $12.00 | 0.0% | COMMON STOCK | G81569108 |
| EFXT | ENERFLEX LTD | 17,000 | $417K | 0.0% | $24.51 | $13.30 | +84.4% | COM | 29269R105 |
| MWH | SOLV ENERGY INC | 12,000 | $409K | 0.0% | $34.05 | $29.63 | +14.9% | COM SHS CL A | 78475V103 |
| VLO | VALERO ENERGY CORP | 1,500 | $391K | 0.0% | $260.44 | $178.15 | +46.2% | COM | 91913Y100 |
| RRC | RANGE RES CORP | 10,500 | $390K | 0.0% | $37.19 | $23.37 | +59.1% | COM | 75281A109 |
| REAL | THE REALREAL INC | 32,000 | $377K | 0.0% | $11.79 | $12.65 | -6.8% | COM | 88339P101 |
| AR | ANTERO RESOURCES CORP | 10,000 | $351K | 0.0% | $35.14 | $33.61 | +4.5% | COM | 03674X106 |
| DAC | DANAOS CORP | 2,804 | $343K | 0.0% | $122.37 | $101.78 | +20.2% | SHS | Y1968P121 |
| HAL | HALLIBURTON CO | 10,000 | $340K | 0.0% | $33.95 | $26.08 | +30.2% | COM | 406216101 |
| HAFN | HAFNIA LTD | 50,084 | $333K | 0.0% | $6.64 | $6.63 | +0.1% | SHS | Y2990R101 |
| ESEA | EUROSEAS LTD | 5,000 | $332K | 0.0% | $66.37 | $68.78 | -3.5% | SHS | Y23592135 |
| TNK | TEEKAY TANK-CL A | 5,030 | $326K | 0.0% | $64.87 | $59.37 | +9.3% | CL A | G8726X106 |
| FRVO | FERVO ENERGY CO | 10,000 | $292K | 0.0% | $29.23 | $36.11 | -19.1% | CL A COM | 31556C106 |
| BKR | BAKER HUGHES COMPANY | 5,000 | $278K | 0.0% | $55.50 | $41.90 | +32.5% | CL A | 05722G100 |
| AEP | AMERICAN ELEC PWR CO INC | 2,000 | $274K | 0.0% | $136.81 | $117.70 | +16.2% | COM | 025537101 |
| BP | BP PLC | 7,000 | $259K | 0.0% | $36.95 | $36.11 | +2.3% | SPONSORED ADR | 055622104 |
| CCJ | CAMECO CORP | 2,500 | $255K | 0.0% | $101.86 | $64.67 | +57.5% | COM | 13321L108 |
| RGLD | ROYAL GOLD INC | 1,255 | $251K | 0.0% | $199.61 | $196.34 | +1.7% | COM | 780287108 |
| MGM | MGM RESORTS INTERNATIONAL | 5,100 | $244K | 0.0% | $47.81 | $38.64 | +23.7% | COM | 552953101 |
| XPL | SOLITARIO RESOURCES CORP | 310,000 | $233K | 0.0% | $0.75 | $0.79 | -4.6% | COM | 8342EP107 |
| PZG | PARAMOUNT GOLD NEV CORP | 200,000 | $228K | 0.0% | $1.14 | $1.12 | +1.5% | COM | 69924M109 |
| SLB | SCHLUMBERGER LTD | 4,500 | $209K | 0.0% | $46.49 | $15.47 | +200.4% | COM STK | 806857108 |
| WTTR | SELECT WATER SOLUTIONS INC | 10,000 | $200K | 0.0% | $19.98 | $7.59 | — | CL A COM | 81617J301 |
| STZ | CONSTELLATION BRANDS INC | 1,000 | $139K | 0.0% | $139.09 | $154.20 | -9.8% | CL A | 21036P108 |
| CME | CME GROUP INC | 461 | $102K | 0.0% | $220.83 | $219.66 | +0.5% | COM | 12572Q105 |
| CHIQ | GLOBAL X FDS | 4,500 | $71,145 | 0.0% | $15.81 | $22.56 | -29.9% | MSCI CHINA CNSMR | 37950E408 |
| MLCO | MELCO RESORTS AND ENTMNT LTD | 12,000 | $63,240 | 0.0% | $5.27 | $6.05 | -13.0% | ADR | 585464100 |