Euro Pacific Asset Management, LLC Q3 2025 Filing

Filed October 14, 2025

Portfolio Value

$828.7M

Holdings

89

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (89 positions)

#StockSharesValue% PortfolioType
1
AEMAGNICO EAGLE MINES LTD
464,823$74.0M8.93%
2
BBARRICK MINING CORP
2,168,499$64.7M7.81%
3
PAASPAN AMERICAN SILVER CORP
1,330,620$49.3M5.95%
4
FNVFRANCO-NEVADA CORP
234,129$48.8M5.89%
5
OROR ROYALTIES INC
1,020,500$40.4M4.88%
6
FVIFORTUNA MINING CORP
4,425,644$39.2M4.74%
7
BTOB2GOLD CORP
7,544,575$37.0M4.46%
8
MTAMETALLA ROYALTY & STREAMING
5,693,585$35.7M4.31%
9
BMTABRITISH AMERICAN TOB-SP ADR
660,483$33.5M4.04%
10
NEMNEWMONT CORP
435,678$32.1M3.88%
11
RGLDROYAL GOLD INC
160,751$32.0M3.86%
12
WPMWHEATON PRECIOUS METALS CORP
285,701$31.6M3.81%
13
EQXEQUINOX GOLD CORP
1,761,429$19.4M2.34%
14
IMGIAMGOLD CORP
1,473,557$19.0M2.30%
15
NVONOVO-NORDISK A/S-SPONS ADR
278,816$17.5M2.11%
16
KGCKINROSS GOLD CORP
776,378$16.7M2.02%
17
TFPMTRIPLE FLAG PRECIOUS MET
528,376$15.3M1.85%
18
OUNZVANECK MERK GOLD ETF
394,537$14.7M1.78%
19
DCDAKOTA GOLD CORP
2,677,080$12.2M1.47%
20
BPBP PLC-SPONS ADR
364,065$11.7M1.42%
21
SHELSHELL PLC-ADR
164,560$11.6M1.41%
22
NVSNNOVARTIS AG-SPONSORED ADR
91,767$11.4M1.38%
23
TTENTOTALENERGIES SE -SPON ADR
180,651$11.0M1.32%
24
BNSBANK OF NOVA SCOTIA
175,581$10.4M1.26%
25
ULUNILEVER PLC-SPONSORED ADR
164,157$9.9M1.19%
26
CEF/USPROTT PHYSICAL GOLD AND SIL
298,566$9.0M1.08%
27
GSKGSK PLC-SPON ADR
212,018$8.7M1.06%
28
4I1PHILIP MORRIS INTERNATIONAL
47,382$8.2M0.99%
29
EQNREQUINOR ASA-SPON ADR
319,792$7.9M0.96%
30
AUANGLOGOLD ASHANTI PLC
108,212$7.7M0.93%
31
ABEVAMBEV SA-ADR
3,128,370$7.2M0.87%
32
PTITELKOM INDONESIA PERSERO-ADR
378,696$6.6M0.80%
33
NTRNUTRIEN LTD
104,172$6.1M0.74%
34
IEIVANHOE ELECTRIC INC / US
452,051$5.6M0.68%
35
IAUI-80 GOLD CORP
5,227,022$4.9M0.60%
36
PSLV/USPROTT PHYSICAL SILVER TRUST
287,659$4.4M0.53%
37
OLAORLA MINING LTD
334,370$3.6M0.43%
38
NUNU HOLDINGS LTD/CAYMAN ISL-A
232,910$3.5M0.43%
39
FEMBFIRST TRUST EMERGING MARKETS
107,041$3.2M0.39%
40
BCEBCE INC
134,378$3.1M0.37%
41
BHPBHP GROUP LTD-SPON ADR
58,329$2.9M0.34%
42
RIORIO TINTO PLC-SPON ADR
47,733$2.8M0.34%
43
SKMSK TELECOM CO LTD-SPON ADR
122,155$2.7M0.32%
44
GRABGRAB HOLDINGS LTD - CL A
379,745$2.3M0.27%
45
BBDBANCO BRADESCO-ADR
584,313$2.0M0.24%
46
IGOVISHARES INTERNATIONAL TREASU
44,604$1.9M0.23%
47
AQN.TOALGONQUIN POWER & UTILITIES
354,653$1.9M0.23%
48
EMXEMX ROYALTY CORP
345,841$1.8M0.22%
49
ITUBITAU UNIBANCO H-SPON PRF ADR
179,293$1.3M0.16%
50
PHYS/USPROTT PHYSICAL GOLD TRUST
47,772$1.2M0.15%
51
BWXSPDR BLOOMBERG INT TREASURY
51,798$1.2M0.15%
52
INFYINFOSYS LTD-SP ADR
65,845$1.1M0.13%
53
HLNHALEON PLC-ADR
90,805$942K0.11%
54
DEODIAGEO PLC-SPONSORED ADR
8,183$813K0.10%
55
WRNWESTERN COPPER AND GOLD CORP
391,308$786K0.09%
56
VALEVALE SA-SP ADR
72,379$765K0.09%
57
QUALISHARES MSCI USA QUALITY FAC
3,920$762K0.09%
58
ACWXISHARES MSCI ACWI EX US ETF
11,682$759K0.09%
59
GDXVANECK GOLD MINERS ETF
12,383$741K0.09%
60
MLB1MERCADOLIBRE INC
290$683K0.08%
61
VWOBVANGUARD EMERG MKTS GOV BND
10,300$673K0.08%
62
IAU*ISHARES GOLD TRUST
9,061$659K0.08%
63
JAAAJANUS HENDERSON AAA CLO ETF
12,960$658K0.08%
64
TSMTAIWAN SEMICONDUCTOR-SP ADR
2,642$654K0.08%
65
ASRGRUPO AEROPORTUARIO SUR-ADR
1,979$645K0.08%
66
USHYISHARES BROAD USD HIGH YIELD
16,210$608K0.07%
67
LVLNSPDR ICE PREFERRED SECURITIE
19,030$604K0.07%
68
EDGGOLD FIELDS LTD-SPONS ADR
13,651$581K0.07%
69
USFRWISDOMTREE FLOATING RATE TRE
9,635$484K0.06%
70
ENBENBRIDGE INC
10,165$461K0.06%
71
XFRAXBLACKROCK FLTNG RT INC STRAT
31,965$420K0.05%
72
AGIALAMOS GOLD INC-CLASS A
11,211$374K0.05%
73
HYINWISDOMTREE PRV CRD & ALT INC
21,450$369K0.04%
74
ASMLASML HOLDING NV-NY REG SHS
438$354K0.04%
75
AGFIRST MAJESTIC SILVER CORP
35,355$320K0.04%
76
IBMINTL BUSINESS MACHINES CORP
891$262K0.03%
77
SPYMSPDR PORTFOLIO S&P 500 ETF
3,304$259K0.03%
78
GQ9SPDR GOLD SHARES
715$247K0.03%
79
URAGLOBAL X URANIUM ETF
6,310$245K0.03%
80
ETENERGY TRANSFER LP
13,210$239K0.03%
81
IFNINDIA FUND INC
14,100$233K0.03%
82
SAPSAP SE-SPONSORED ADR
823$221K0.03%
83
OHIOMEGA HEALTHCARE INVESTORS
5,800$213K0.03%
84
VODVODAFONE GROUP PLC-SP ADR
13,415$157K0.02%
85
EDRENDEAVOUR SILVER CORP
27,520$136K0.02%
86
CXCEMEX SAB-SPONS ADR PART CER
11,000$102K0.01%
87
UMCUNITED MICROELECTRON-SP ADR
10,016$80K0.01%
88
WITWIPRO LTD-ADR
26,294$73K0.01%
89
HKDAMTD DIGITAL INC-ADR
71,002$9K0.00%