| # | Security | Value | Shares | % Port | Change | Δ Shares |
|---|---|---|---|---|---|---|
| 1 | Newmont Corp COM | $188.1M | 1.74M | 10.2% | ADDED | +1.72M |
| 2 | Bank of America Corp COM | $128.3M | 2.63M | 7.0% | ADDED | +343.1K |
| 3 | Apollo Global Management Inc COM | $120.8M | 1.08M | 6.6% | ADDED | +1.07M |
| 4 | Teck Resources Ltd CL B | $106.0M | 2.05M | 5.8% | ADDED | +1.90M |
| 5 | Royalty Pharma PLC SHS CLASS A | $105.9M | 2.21M | 5.8% | ADDED | +2.10M |
| 6 | Sanofi SA SPONSORED ADR | $105.8M | 2.20M | 5.8% | ADDED | +2.16M |
| 7 | Wynn Resorts Ltd COM | $91.2M | 897.6K | 5.0% | ADDED | +92.0K |
| 8 | Freeport-McMoRan Inc CL B | $84.7M | 1.44M | 4.6% | ADDED | +1.24M |
| 9 | Union Pacific Corp COM | $55.9M | 230.3K | 3.0% | ADDED | +225.2K |
| 10 | Truist Financial Corp COM | $54.9M | 1.19M | 3.0% | ADDED | +276.7K |
| 11 | Wells Fargo & Co COM | $52.8M | 663.6K | 2.9% | ADDED | +59.0K |
| 12 | Alphabet Inc CAP STK CL C | $45.9M | 159.9K | 2.5% | REDUCED | -5,262 |
| 13 | Freeport-McMoRan Inc CL B | $31.0M | 526.6K | 1.7% | ADDED | +323.8K |
| 14 | Charles Schwab Corp/The COM | $28.5M | 302.9K | 1.5% | NEW | — |
| 15 | Walt Disney Co/The COM | $22.2M | 230.3K | 1.2% | NEW | — |
| 16 | GOLD ROYALTY CORP COMMON SHARES | $20.4M | 5.71M | 1.1% | —HELD | 0 |
| 17 | Cameco Corp COM | $19.9M | 183.7K | 1.1% | REDUCED | -22,049 |
| 18 | Kinross Gold Corp COM | $19.0M | 622.7K | 1.0% | ADDED | +461.9K |
| 19 | Teck Resources Ltd CL B | $17.7M | 341.1K | 1.0% | ADDED | +197.0K |
| 20 | Apollo Global Management Inc COM | $16.4M | 147.3K | 0.9% | ADDED | +129.6K |
| 21 | Alcoa Corp COM | $16.3M | 246.4K | 0.9% | ADDED | +193.0K |
| 22 | Amazon.com Inc COM | $16.2M | 77.7K | 0.9% | ADDED | +64.6K |
| 23 | Freeport-McMoRan Inc CL B | $16.1M | 274.5K | 0.9% | ADDED | +71.7K |
| 24 | Nucor Corp COM | $15.1M | 89.3K | 0.8% | ADDED | +81.0K |
| 25 | Barrick Mining Corp COM SHS | $15.0M | 368.7K | 0.8% | ADDED | +125.6K |
Holdings data sourced from SEC EDGAR 13F-HR filings. Updated quarterly, approximately 45 days after quarter end. All data is public domain.
Last filed: May 15, 2026