Euro Pacific Asset Management, LLC Diversified Active

Location: Dorado, Puerto Rico

CIK: 0001796651 · Show all filings

Period: Q4 2019 (Next →)

Filing Date: Feb 14, 2020

Total Value: $277M (100.0% shares, 0.0% debt)

Holdings (41)

NEM NEWMONT GOLDCORP CORP 10.5%

Value $28.94M Shares 666,435 Est. Cost $32.71 Unrealized 0.0%

— BARRICK GOLD CORP 8.2%

Value $22.55M Shares 1,212,938 Est. Cost $18.59 Unrealized —

— GLAXOSMITHKLINE PLC 5.9%

Value $16.36M Shares 348,239 Est. Cost $46.99 Unrealized —

BTI BRITISH AMERICAN TOBACCO PLC 5.8%

Value $16.03M Shares 377,449 Est. Cost $42.46 Unrealized —

PM PHILIP MORRIS INTL 4.8%

Value $13.19M Shares 155,019 Est. Cost $60.01 Unrealized 0.0%

NVS NOVARTIS A G 4.4%

Value $12.08M Shares 127,597 Est. Cost $94.67 Unrealized —

— YAMANA GOLD INC 4.2%

Value $11.57M Shares 2,929,276 Est. Cost $3.95 Unrealized —

ABEV AMBEV SA 3.8%

Value $10.42M Shares 2,238,113 Est. Cost $4.66 Unrealized —

— UNILEVER N V NY 3.7%

Value $10.18M Shares 177,237 Est. Cost $57.42 Unrealized —

NVO NOVO NORDISK 3.3%

Value $9.192M Shares 159,270 Est. Cost $57.71 Unrealized —

— ROYAL DUTCH SHELL 3.2%

Value $8.733M Shares 148,059 Est. Cost $58.98 Unrealized —

BCE BCE INC 3.1%

Value $8.646M Shares 186,617 Est. Cost $31.73 Unrealized 0.0%

FNV FRANCO NEVADA CORP 3.0%

Value $8.418M Shares 81,370 Est. Cost $91.46 Unrealized 0.0%

KGC KINROSS GOLD CORP 2.8%

Value $7.774M Shares 1,639,240 Est. Cost $4.51 Unrealized 0.0%

EQNR EQUINOR ASA 2.6%

Value $7.304M Shares 367,055 Est. Cost $19.90 Unrealized —

— FORTUNA SILVER MINES INC 2.6%

Value $7.297M Shares 1,792,922 Est. Cost $4.07 Unrealized —

RGLD ROYAL GOLD INC 2.5%

Value $6.997M Shares 57,075 Est. Cost $118.30 Unrealized 0.0%

BTG B2GOLD CORP 2.5%

Value $6.793M Shares 1,687,350 Est. Cost $2.82 Unrealized 0.0%

— TOTAL SA SPON ADS 2.4%

Value $6.525M Shares 117,990 Est. Cost $55.30 Unrealized —

GFI GOLD FIELDS LTD 2.3%

Value $6.484M Shares 981,000 Est. Cost $6.61 Unrealized —

AEM AGNICO EAGLE MINES LTD 2.3%

Value $6.469M Shares 104,872 Est. Cost $50.36 Unrealized 0.0%

— PRETIUM RESOURCES 2.3%

Value $6.397M Shares 573,169 Est. Cost $11.16 Unrealized —

— OSISKO GOLD ROYALTIES LTD 2.1%

Value $5.811M Shares 596,708 Est. Cost $9.74 Unrealized —

NTR NUTRIEN LTD 1.9%

Value $5.182M Shares 108,162 Est. Cost $39.21 Unrealized 0.0%

PAAS PAN AMERICAN SILVER CORP 1.7%

Value $4.69M Shares 197,500 Est. Cost $18.52 Unrealized 0.0%

VGZ VISTA GOLD CORP 1.4%

Value $3.743M Shares 5,128,624 Est. Cost $0.72 Unrealized 0.0%

BIDU BAIDU INC 1.1%

Value $3.099M Shares 24,514 Est. Cost $126.42 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 1.1%

Value $2.979M Shares 99,762 Est. Cost $25.49 Unrealized 0.0%

AAUAF ALMADEN MINERALS LTD 1.1%

Value $2.967M Shares 5,180,567 Est. Cost $0.56 Unrealized 0.0%

— SANDSTORM GOLD LTD 0.8%

Value $2.302M Shares 307,380 Est. Cost $7.49 Unrealized —

EMX EMX ROYALTY CORPORATION 0.7%

Value $1.89M Shares 1,152,158 Est. Cost $1.64 Unrealized —

BVN COMPANIA DE MINAS BUENAVENTURA S A 0.6%

Value $1.788M Shares 118,118 Est. Cost $15.14 Unrealized —

ALC ALCON INC 0.4%

Value $1.005M Shares 17,767 Est. Cost $56.46 Unrealized 0.0%

— ARCO PLATFORM LTD 0.3%

Value $875K Shares 19,800 Est. Cost $44.19 Unrealized —

CEF SPROTT PHYSICAL GOLD AND SILVER TR TRUST 0.2%

Value $506K Shares 34,528 Est. Cost $14.65 Unrealized —

PHYS SPROTT PHYSICAL GOLD TRUST 0.2%

Value $461K Shares 37,878 Est. Cost $12.17 Unrealized —

AG FIRST MAJESTIC SILVER CORP 0.1%

Value $363K Shares 29,600 Est. Cost $10.38 Unrealized 0.0%

GDXJ VANECK VECTORS ETF TRUST JR GOLD MINERS E 0.1%

Value $211K Shares 5,000 Est. Cost $42.20 Unrealized —

EXK ENDEAVOUR SILVER CORP 0.1%

Value $171K Shares 70,810 Est. Cost $2.27 Unrealized 0.0%

SA SEABRIDGE GOLD 0.1%

Value $139K Shares 10,000 Est. Cost $12.66 Unrealized 0.0%

AGI ALAMOS GOLD INC 0.0%

Value $117K Shares 19,431 Est. Cost $5.19 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NEM	NEWMONT GOLDCORP CORP	666,435	$28.94M	10.5%	$32.71	0.0%	COM	651639106
—	BARRICK GOLD CORP	1,212,938	$22.55M	8.2%	$18.59	—	COM	067901108
—	GLAXOSMITHKLINE PLC	348,239	$16.36M	5.9%	$46.99	—	SPON ADR	37733W105
BTI	BRITISH AMERICAN TOBACCO PLC	377,449	$16.03M	5.8%	$42.46	—	ADR	110448107
PM	PHILIP MORRIS INTL	155,019	$13.19M	4.8%	$60.01	0.0%	COM	718172109
NVS	NOVARTIS A G	127,597	$12.08M	4.4%	$94.67	—	SPON ADR	66987V109
—	YAMANA GOLD INC	2,929,276	$11.57M	4.2%	$3.95	—	COM	98462Y100
ABEV	AMBEV SA	2,238,113	$10.42M	3.8%	$4.66	—	SPON ADR	02319V103
—	UNILEVER N V NY	177,237	$10.18M	3.7%	$57.42	—	SHS NEW	904784709
NVO	NOVO NORDISK	159,270	$9.192M	3.3%	$57.71	—	SPON ADR	670100205
—	ROYAL DUTCH SHELL	148,059	$8.733M	3.2%	$58.98	—	ADR CL A	780259206
BCE	BCE INC	186,617	$8.646M	3.1%	$31.73	0.0%	COM NEW	05534B760
FNV	FRANCO NEVADA CORP	81,370	$8.418M	3.0%	$91.46	0.0%	COM	351858105
KGC	KINROSS GOLD CORP	1,639,240	$7.774M	2.8%	$4.51	0.0%	COM	496902404
EQNR	EQUINOR ASA	367,055	$7.304M	2.6%	$19.90	—	SPON ADR	29446M102
—	FORTUNA SILVER MINES INC	1,792,922	$7.297M	2.6%	$4.07	—	COM	349915108
RGLD	ROYAL GOLD INC	57,075	$6.997M	2.5%	$118.30	0.0%	COM	780287108
BTG	B2GOLD CORP	1,687,350	$6.793M	2.5%	$2.82	0.0%	COM	11777Q209
—	TOTAL SA SPON ADS	117,990	$6.525M	2.4%	$55.30	—	SPON ADS ORD	89151E113
GFI	GOLD FIELDS LTD	981,000	$6.484M	2.3%	$6.61	—	SPON ADR	38059T106
AEM	AGNICO EAGLE MINES LTD	104,872	$6.469M	2.3%	$50.36	0.0%	COM	008474108
—	PRETIUM RESOURCES	573,169	$6.397M	2.3%	$11.16	—	COM	74139C102
—	OSISKO GOLD ROYALTIES LTD	596,708	$5.811M	2.1%	$9.74	—	COM	68827L101
NTR	NUTRIEN LTD	108,162	$5.182M	1.9%	$39.21	0.0%	COM	67077M108
PAAS	PAN AMERICAN SILVER CORP	197,500	$4.69M	1.7%	$18.52	0.0%	COM	697900108
VGZ	VISTA GOLD CORP	5,128,624	$3.743M	1.4%	$0.72	0.0%	COM NEW	927926303
BIDU	BAIDU INC	24,514	$3.099M	1.1%	$126.42	—	SPON ADR REP	056752108
WPM	WHEATON PRECIOUS METALS CORP	99,762	$2.979M	1.1%	$25.49	0.0%	COM	962879102
AAUAF	ALMADEN MINERALS LTD	5,180,567	$2.967M	1.1%	$0.56	0.0%	COM CL B	020283305
—	SANDSTORM GOLD LTD	307,380	$2.302M	0.8%	$7.49	—	COM NEW	80013R206
EMX	EMX ROYALTY CORPORATION	1,152,158	$1.89M	0.7%	$1.64	—	COM	26873J107
BVN	COMPANIA DE MINAS BUENAVENTURA S A	118,118	$1.788M	0.6%	$15.14	—	SPON ADR	204448104
ALC	ALCON INC	17,767	$1.005M	0.4%	$56.46	0.0%	ORD SHS	H01301128
—	ARCO PLATFORM LTD	19,800	$875K	0.3%	$44.19	—	COM CL A	G04553106
CEF	SPROTT PHYSICAL GOLD AND SILVER TR TRUST	34,528	$506K	0.2%	$14.65	—	TRUST UNIT	85208R101
PHYS	SPROTT PHYSICAL GOLD TRUST	37,878	$461K	0.2%	$12.17	—	TRUST UNIT	85207H104
AG	FIRST MAJESTIC SILVER CORP	29,600	$363K	0.1%	$10.38	0.0%	COM	32076V103
GDXJ	VANECK VECTORS ETF TRUST JR GOLD MINERS E	5,000	$211K	0.1%	$42.20	—	ETF	92189F791
EXK	ENDEAVOUR SILVER CORP	70,810	$171K	0.1%	$2.27	0.0%	COM	29258Y103
SA	SEABRIDGE GOLD	10,000	$139K	0.1%	$12.66	0.0%	COM	811916105
AGI	ALAMOS GOLD INC	19,431	$117K	0.0%	$5.19	0.0%	COM CL A	011532108