WINMILL & CO. INC Diversified Active

CIK: 0000052234 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $374,926 (100.0% shares, 0.0% debt)

Holdings (56)

New Positions (5)

AUGO Aura Minerals, Inc. 0.5%

Value ($000) $1,765 Shares 35,000 Est. Cost $39.27 Unrealized 0.0%

BTG B2Gold Corporation 0.4%

Value ($000) $1,353 Shares 300,000 Est. Cost $4.66 Unrealized 0.0%

EGO Eldorado Gold Corporation 0.2%

Value ($000) $898 Shares 25,000 Est. Cost $29.93 Unrealized 0.0%

MUX McEwen Mining, Inc. 0.2%

Value ($000) $879 Shares 47,500 Est. Cost $18.60 Unrealized 0.0%

— EAGLE CAP GROWTH FD INC 0.0%

Value ($000) $1 Shares 100 Est. Cost $10.70 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AUGO	Aura Minerals, Inc.	35,000	$1,765	0.5%	$39.27	0.0%	SHS NEW	G06973112
BTG	B2Gold Corporation	300,000	$1,353	0.4%	$4.66	0.0%	COM	11777Q209
EGO	Eldorado Gold Corporation	25,000	$898	0.2%	$29.93	0.0%	COM	284902509
MUX	McEwen Mining, Inc.	47,500	$879	0.2%	$18.60	0.0%	COM NEW	58039P305
—	EAGLE CAP GROWTH FD INC	100	$1	0.0%	$10.70	—	COM	269451100

Increased Positions (7)

PGR PROGRESSIVE CORP 3.9%

Value ($000) $14,574 (+6.7%) Shares 64,000 (+15.7%) Est. Cost $229.08 Unrealized -7.3%

RGLD Royal Gold, Inc. 0.5%

Value ($000) $1,867 (+75.6%) Shares 8,400 (+58.5%) Est. Cost $150.05 Unrealized +32.2%

FNV Franco-Nevada Corporation 0.4%

Value ($000) $1,658 (+61.7%) Shares 8,000 (+73.9%) Est. Cost $167.18 Unrealized +21.3%

WPM Wheaton Precious Metals Corporation 0.5%

Value ($000) $1,845 (+41.0%) Shares 15,700 (+34.2%) Est. Cost $72.66 Unrealized +47.4%

SELF GLOBAL SELF STORAGE INC 0.8%

Value ($000) $2,991 (+15.6%) Shares 586,500 (+14.0%) Est. Cost $4.66 Unrealized —

— SABA CAPITAL INCOME & OPRNT 0.0%

Value ($000) $26 (-7.3%) Shares 3,700 (+2.8%) Est. Cost $8.03 Unrealized —

— TOTAL RETURN SECURITIES FUND 0.0%

Value ($000) $21 (+6.1%) Shares 3,370 (+3.1%) Est. Cost $9.41 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PGR	PROGRESSIVE CORP	64,000 (+15.7%)	$14,574 (+6.7%)	3.9%	$229.08	-7.3%	COM	743315103
RGLD	Royal Gold, Inc.	8,400 (+58.5%)	$1,867 (+75.6%)	0.5%	$150.05	+32.2%	COM	780287108
FNV	Franco-Nevada Corporation	8,000 (+73.9%)	$1,658 (+61.7%)	0.4%	$167.18	+21.3%	COM	351858105
WPM	Wheaton Precious Metals Corporation	15,700 (+34.2%)	$1,845 (+41.0%)	0.5%	$72.66	+47.4%	COM	962879102
SELF	GLOBAL SELF STORAGE INC	586,500 (+14.0%)	$2,991 (+15.6%)	0.8%	$4.66	—	COM	37955N106
—	SABA CAPITAL INCOME & OPRNT	3,700 (+2.8%)	$26 (-7.3%)	0.0%	$8.03	—	SHS NEW	78518H202
—	TOTAL RETURN SECURITIES FUND	3,370 (+3.1%)	$21 (+6.1%)	0.0%	$9.41	—	COM	870875101

Exited Positions (4)

NGD NEW GOLD, INC. 4.0%

Value ($000) $15,078 Shares 2,100,000 Est. Cost $3.02 Unrealized +149.2%

BAH BOOZ ALLEN HAMILTON CORP. 3.1%

Value ($000) $11,759 Shares 117,650 Est. Cost $105.15 Unrealized -15.8%

MOH MOLINA HEALTHCARE, INC. 2.7%

Value ($000) $10,104 Shares 52,800 Est. Cost $184.06 Unrealized -10.7%

SNA SNAP-ON, INC. 2.6%

Value ($000) $9,634 Shares 27,800 Est. Cost $269.89 Unrealized +26.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NGD	NEW GOLD, INC.	2,100,000	$15,078	4.0%	$3.02	+149.2%	—	644535106
BAH	BOOZ ALLEN HAMILTON CORP.	117,650	$11,759	3.1%	$105.15	-15.8%	—	099502106
MOH	MOLINA HEALTHCARE, INC.	52,800	$10,104	2.7%	$184.06	-10.7%	—	60855R100
SNA	SNAP-ON, INC.	27,800	$9,634	2.6%	$269.89	+26.2%	—	833034101

Decreased Positions (9)

NEM Newmont Corporation 0.5%

Value ($000) $1,797 (-76.0%) Shares 18,000 (-79.8%) Est. Cost $64.44 Unrealized +40.0%

IAG IAMGOLD Corporation 5.2%

Value ($000) $19,623 (+21.8%) Shares 1,190,000 (-4.5%) Est. Cost $6.91 Unrealized +103.8%

DFIN Donnelley Financial Solutions, Inc. 2.4%

Value ($000) $9,145 (-26.8%) Shares 195,859 (-19.4%) Est. Cost $58.98 Unrealized -18.0%

NVR NVR INC 2.1%

Value ($000) $7,745 (-19.5%) Shares 1,062 (-11.3%) Est. Cost $7647.13 Unrealized -2.2%

BRK/B Berkshire Hathaway, Inc. 0.4%

Value ($000) $1,508 (-41.2%) Shares 3,000 (-41.2%) Est. Cost $200.06 Unrealized +148.7%

MTDR Matador Resources Company 1.2%

Value ($000) $4,668 (-17.9%) Shares 110,000 (-13.0%) Est. Cost $54.72 Unrealized -23.3%

SLV iShares Silver Trust 0.4%

Value ($000) $1,357 (+43.5%) Shares 21,070 (-5.6%) Est. Cost $15.91 Unrealized —

ELV Elevance Health, Inc. 0.9%

Value ($000) $3,365 (+3.7%) Shares 9,600 (-4.4%) Est. Cost $300.80 Unrealized +11.9%

GLD SPDR Gold Shares 0.3%

Value ($000) $1,304 (+5.9%) Shares 3,290 (-5.1%) Est. Cost $138.90 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NEM	Newmont Corporation	18,000 (-79.8%)	$1,797 (-76.0%)	0.5%	$64.44	+40.0%	COM	651639106
IAG	IAMGOLD Corporation	1,190,000 (-4.5%)	$19,623 (+21.8%)	5.2%	$6.91	+103.8%	COM	450913108
DFIN	Donnelley Financial Solutions, Inc.	195,859 (-19.4%)	$9,145 (-26.8%)	2.4%	$58.98	-18.0%	COM	25787G100
NVR	NVR INC	1,062 (-11.3%)	$7,745 (-19.5%)	2.1%	$7647.13	-2.2%	COM	62944T105
BRK/B	Berkshire Hathaway, Inc.	3,000 (-41.2%)	$1,508 (-41.2%)	0.4%	$200.06	+148.7%	CL B NEW	084670702
MTDR	Matador Resources Company	110,000 (-13.0%)	$4,668 (-17.9%)	1.2%	$54.72	-23.3%	COM	576485205
SLV	iShares Silver Trust	21,070 (-5.6%)	$1,357 (+43.5%)	0.4%	$15.91	—	ISHARES	46428Q109
ELV	Elevance Health, Inc.	9,600 (-4.4%)	$3,365 (+3.7%)	0.9%	$300.80	+11.9%	COM	036752103
GLD	SPDR Gold Shares	3,290 (-5.1%)	$1,304 (+5.9%)	0.3%	$138.90	—	GOLD SHS	78463V107

Unchanged Positions (35)

GOOGL Alphabet, Inc. 9.0%

Value ($000) $33,835 Shares 108,100 Est. Cost $118.47 Unrealized +141.1%

AZO AUTOZONE INC 6.4%

Value ($000) $23,975 Shares 7,069 Est. Cost $1131.86 Unrealized +233.8%

STLD STEEL DYNAMICS INC 7.6%

Value ($000) $28,594 Shares 168,747 Est. Cost $43.77 Unrealized +261.8%

LRCX Lam Research Corporation 5.0%

Value ($000) $18,659 Shares 109,000 Est. Cost $74.98 Unrealized +107.2%

MLI Mueller Industries, Inc. 5.2%

Value ($000) $19,433 Shares 169,280 Est. Cost $38.03 Unrealized +182.3%

URI UNITED RENTALS INC 3.3%

Value ($000) $12,471 Shares 15,409 Est. Cost $462.72 Unrealized +87.4%

WSM WILLIAMS SONOMA INC 5.3%

Value ($000) $20,001 Shares 111,994 Est. Cost $84.84 Unrealized +120.7%

IBKR Interactive Brokers Group, Inc. 5.6%

Value ($000) $21,042 Shares 327,200 Est. Cost $40.51 Unrealized +65.1%

LPLA LPL Financial Holdings, Inc. 4.7%

Value ($000) $17,451 Shares 48,860 Est. Cost $228.81 Unrealized +54.6%

PYPL PayPal Holdings, Inc. 2.0%

Value ($000) $7,589 Shares 130,000 Est. Cost $69.19 Unrealized -6.3%

HCA HCA Healthcare, Inc. 3.3%

Value ($000) $12,348 Shares 26,450 Est. Cost $386.45 Unrealized +20.0%

NMIH NMI Holdings, Inc. 4.3%

Value ($000) $16,157 Shares 396,095 Est. Cost $25.00 Unrealized +51.2%

YOU Clear Secure, Inc. 2.7%

Value ($000) $10,143 Shares 289,135 Est. Cost $18.75 Unrealized +81.1%

ESNT Essent Group Ltd. 3.9%

Value ($000) $14,595 Shares 224,500 Est. Cost $39.12 Unrealized +58.7%

UNH UnitedHealth Group, Inc. 1.5%

Value ($000) $5,439 Shares 16,475 Est. Cost $250.34 Unrealized +34.7%

KGC Kinross Gold Corporation 0.5%

Value ($000) $1,929 Shares 68,500 Est. Cost $9.78 Unrealized +165.6%

TFPM Triple Flag Precious Metals Corporation 0.5%

Value ($000) $1,794 Shares 54,000 Est. Cost $23.66 Unrealized +32.2%

DDS DILLARDS INC 3.5%

Value ($000) $13,059 Shares 21,538 Est. Cost $261.41 Unrealized +133.0%

EXR EXTRA SPACE STORAGE INC 0.3%

Value ($000) $1,306 Shares 10,027 Est. Cost $103.02 Unrealized +31.0%

META Meta Platforms, Inc. 0.2%

Value ($000) $759 Shares 1,150 Est. Cost $248.19 Unrealized +168.9%

BBW Build-A-Bear Workshop, Inc. 0.3%

Value ($000) $1,011 Shares 16,500 Est. Cost $22.96 Unrealized +136.4%

CUBE CUBESMART 0.1%

Value ($000) $505 Shares 14,000 Est. Cost $34.79 Unrealized —

PSA PUBLIC STORAGE 0.1%

Value ($000) $441 Shares 1,700 Est. Cost $191.87 Unrealized +44.5%

JPM JPMorgan Chase & Company 0.6%

Value ($000) $2,191 Shares 6,800 Est. Cost $95.08 Unrealized +225.6%

GOOG ALPHABET INC 0.0%

Value ($000) $180 Shares 574 Est. Cost $175.67 Unrealized +63.0%

AEM Agnico Eagle Mines Ltd. 1.4%

Value ($000) $5,086 Shares 30,000 Est. Cost $49.01 Unrealized +242.5%

MA Mastercard, Inc. 1.5%

Value ($000) $5,709 Shares 10,000 Est. Cost $266.10 Unrealized +110.1%

QCOM QUALCOMM, Inc. 0.2%

Value ($000) $718 Shares 4,200 Est. Cost $145.02 Unrealized +17.8%

— MEXICO EQUITY & INCOME FD 0.0%

Value ($000) $74 Shares 6,000 Est. Cost $10.13 Unrealized —

— SPECIAL OPPORTUNITIES FD INC 0.0%

Value ($000) $29 Shares 2,000 Est. Cost $14.40 Unrealized —

— HIGH INCOME SECURITIES FUND 0.0%

Value ($000) $4 Shares 662 Est. Cost $9.04 Unrealized —

— SPECIAL OPPORTUNITIES FD INC 0.0%

Value ($000) $5 Shares 200 Est. Cost $25.00 Unrealized —

CEFS EXCHANGE LISTED FDS TR 0.0%

Value ($000) $2 Shares 100 Est. Cost $21.29 Unrealized —

— SABA CAPITAL INCOME & OPPORT 0.0%

Value ($000) $0 Shares 17 Est. Cost $7.82 Unrealized —

SVVC FIRSTHAND TECHNOLOGY VALUE F 0.0%

Value ($000) $0 Shares 100 Est. Cost $0.85 Unrealized -94.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	Alphabet, Inc.	108,100	$33,835	9.0%	$118.47	+141.1%	CAP STK CL A	02079K305
AZO	AUTOZONE INC	7,069	$23,975	6.4%	$1131.86	+233.8%	COM	053332102
STLD	STEEL DYNAMICS INC	168,747	$28,594	7.6%	$43.77	+261.8%	COM	858119100
LRCX	Lam Research Corporation	109,000	$18,659	5.0%	$74.98	+107.2%	COM NEW	512807306
MLI	Mueller Industries, Inc.	169,280	$19,433	5.2%	$38.03	+182.3%	COM	624756102
URI	UNITED RENTALS INC	15,409	$12,471	3.3%	$462.72	+87.4%	COM	911363109
WSM	WILLIAMS SONOMA INC	111,994	$20,001	5.3%	$84.84	+120.7%	COM	969904101
IBKR	Interactive Brokers Group, Inc.	327,200	$21,042	5.6%	$40.51	+65.1%	COM CL A	45841N107
LPLA	LPL Financial Holdings, Inc.	48,860	$17,451	4.7%	$228.81	+54.6%	COM	50212V100
PYPL	PayPal Holdings, Inc.	130,000	$7,589	2.0%	$69.19	-6.3%	COM	70450Y103
HCA	HCA Healthcare, Inc.	26,450	$12,348	3.3%	$386.45	+20.0%	COM	40412C101
NMIH	NMI Holdings, Inc.	396,095	$16,157	4.3%	$25.00	+51.2%	COM	629209305
YOU	Clear Secure, Inc.	289,135	$10,143	2.7%	$18.75	+81.1%	COM CL A	18467V109
ESNT	Essent Group Ltd.	224,500	$14,595	3.9%	$39.12	+58.7%	COM	G3198U102
UNH	UnitedHealth Group, Inc.	16,475	$5,439	1.5%	$250.34	+34.7%	COM	91324P102
KGC	Kinross Gold Corporation	68,500	$1,929	0.5%	$9.78	+165.6%	COM	496902404
TFPM	Triple Flag Precious Metals Corporation	54,000	$1,794	0.5%	$23.66	+32.2%	COM	89679M104
DDS	DILLARDS INC	21,538	$13,059	3.5%	$261.41	+133.0%	CL A	254067101
EXR	EXTRA SPACE STORAGE INC	10,027	$1,306	0.3%	$103.02	+31.0%	COM	30225T102
META	Meta Platforms, Inc.	1,150	$759	0.2%	$248.19	+168.9%	CL A	30303M102
BBW	Build-A-Bear Workshop, Inc.	16,500	$1,011	0.3%	$22.96	+136.4%	COM	120076104
CUBE	CUBESMART	14,000	$505	0.1%	$34.79	—	COM	229663109
PSA	PUBLIC STORAGE	1,700	$441	0.1%	$191.87	+44.5%	COM	74460D109
JPM	JPMorgan Chase & Company	6,800	$2,191	0.6%	$95.08	+225.6%	COM	46625H100
GOOG	ALPHABET INC	574	$180	0.0%	$175.67	+63.0%	CAP STK CL C	02079K107
AEM	Agnico Eagle Mines Ltd.	30,000	$5,086	1.4%	$49.01	+242.5%	COM	008474108
MA	Mastercard, Inc.	10,000	$5,709	1.5%	$266.10	+110.1%	CL A	57636Q104
QCOM	QUALCOMM, Inc.	4,200	$718	0.2%	$145.02	+17.8%	COM	747525103
—	MEXICO EQUITY & INCOME FD	6,000	$74	0.0%	$10.13	—	COM	592834105
—	SPECIAL OPPORTUNITIES FD INC	2,000	$29	0.0%	$14.40	—	COM	84741T104
—	HIGH INCOME SECURITIES FUND	662	$4	0.0%	$9.04	—	SHS BEN INT	42968F108
—	SPECIAL OPPORTUNITIES FD INC	200	$5	0.0%	$25.00	—	2.75% CNV PFD C A	84741T401
CEFS	EXCHANGE LISTED FDS TR	100	$2	0.0%	$21.29	—	SABA INT RATE	30151E806
—	SABA CAPITAL INCOME & OPPORT	17	$0	0.0%	$7.82	—	COM NEW	880198205
SVVC	FIRSTHAND TECHNOLOGY VALUE F	100	$0	0.0%	$0.85	-94.1%	COM	33766Y100