Euro Pacific Asset Management, LLC Q4 2025 Filing

Filed January 15, 2026

Portfolio Value

$900.9M

Holdings

94

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (94 positions)

#StockSharesValue% PortfolioType
1
AEMAGNICO EAGLE MINES LTD
455,056$72.8M8.08%
2
BBARRICK MINING CORP
1,746,376$67.8M7.53%
3
PAASPAN AMERICAN SILVER CORP
1,287,451$61.6M6.84%
4
FNVFRANCO-NEVADA CORP
236,967$46.7M5.18%
5
MTAMETALLA ROYALTY & STREAMING
5,742,309$43.5M4.83%
6
FVIFORTUNA MINING CORP
4,464,769$43.2M4.80%
7
RGLDROYAL GOLD INC
164,360$36.2M4.01%
8
OROR ROYALTIES INC
1,028,079$36.1M4.01%
9
BMTABRITISH AMERICAN TOB-SP ADR
657,883$34.7M3.86%
10
BTOB2GOLD CORP
7,584,250$34.0M3.77%
11
WPMWHEATON PRECIOUS METALS CORP
285,947$33.1M3.68%
12
NEMNEWMONT CORP
365,598$29.4M3.27%
13
EQXEQUINOX GOLD CORP
1,906,970$26.2M2.91%
14
IMGIAMGOLD CORP
1,343,139$22.1M2.45%
15
NVONOVO-NORDISK A/S-SPONS ADR
346,077$20.4M2.26%
16
KGCKINROSS GOLD CORP
762,330$18.0M2.00%
17
DCDAKOTA GOLD CORP
3,051,484$17.2M1.91%
18
TFPMTRIPLE FLAG PRECIOUS MET
521,059$17.1M1.89%
19
OUNZVANECK MERK GOLD ETF
398,070$16.6M1.84%
20
ELEELEMENTAL ROYALTY CORP
968,502$16.4M1.83%
21
BPBP PLC-SPONS ADR
362,175$11.7M1.30%
22
SHELSHELL PLC-ADR
162,776$11.6M1.29%
23
OLAORLA MINING LTD
867,495$11.4M1.27%
24
BNSBANK OF NOVA SCOTIA
173,579$11.0M1.22%
25
AUANGLOGOLD ASHANTI PLC
122,885$10.6M1.17%
26
ACNACCENTURE PLC-CL A
35,958$10.2M1.13%
27
GSKGSK PLC-SPON ADR
210,813$9.4M1.05%
28
CEF/USPROTT PHYSICAL GOLD AND SIL
285,326$8.6M0.95%
29
4I1PHILIP MORRIS INTERNATIONAL
46,939$8.1M0.90%
30
EQNREQUINOR ASA-SPON ADR
318,372$7.8M0.87%
31
ABEVAMBEV SA-ADR
3,044,462$7.5M0.83%
32
PTITELKOM INDONESIA PERSERO-ADR
380,194$6.9M0.77%
33
PSLV/USPROTT PHYSICAL SILVER TRUST
307,137$6.8M0.75%
34
IEIVANHOE ELECTRIC INC / US
430,443$6.7M0.74%
35
NTRNUTRIEN LTD
103,322$6.2M0.69%
36
VALEVALE SA-SP ADR
488,718$5.7M0.63%
37
NVSNNOVARTIS AG-SPONSORED ADR
42,231$5.5M0.61%
38
ULUNILEVER PLC-SPONSORED ADR
66,766$4.4M0.48%
39
NUNU HOLDINGS LTD/CAYMAN ISL-A
233,618$3.6M0.40%
40
FEMBFIRST TRUST EMERGING MARKETS
117,216$3.5M0.39%
41
ASMLASML HOLDING NV-NY REG SHS
2,948$3.0M0.34%
42
BCEBCE INC
125,946$2.9M0.32%
43
BHPBHP GROUP LTD-SPON ADR
58,343$2.9M0.32%
44
RIORIO TINTO PLC-SPON ADR
47,788$2.8M0.31%
45
WRNWESTERN COPPER AND GOLD CORP
1,035,506$2.8M0.31%
46
SKMSK TELECOM CO LTD-SPON ADR
123,816$2.6M0.28%
47
FMCFMC CORP
157,328$2.2M0.24%
48
AQN.TOALGONQUIN POWER & UTILITIES
354,050$2.2M0.24%
49
SNYSANOFI-ADR
43,688$2.1M0.23%
50
IGOVISHARES INTERNATIONAL TREASU
48,868$2.1M0.23%
51
BBDBANCO BRADESCO-ADR
595,201$2.0M0.22%
52
GRABGRAB HOLDINGS LTD - CL A
377,745$1.9M0.21%
53
ITUBITAU UNIBANCO H-SPON PRF ADR
189,827$1.4M0.15%
54
BWXSPDR BLOOMBERG INT TREASURY
57,282$1.3M0.15%
55
PHYS/USPROTT PHYSICAL GOLD TRUST
48,180$1.3M0.14%
56
INFYINFOSYS LTD-SP ADR
66,959$1.2M0.13%
57
HLNHALEON PLC-ADR
89,640$930K0.10%
58
IAU*ISHARES GOLD TRUST
10,761$873K0.10%
59
ASRGRUPO AEROPORTUARIO SUR-ADR
2,627$852K0.09%
60
ACWXISHARES MSCI ACWI EX US ETF
12,338$828K0.09%
61
GDXVANECK GOLD MINERS ETF
13,445$826K0.09%
62
QUALISHARES MSCI USA QUALITY FAC
4,140$822K0.09%
63
DEODIAGEO PLC-SPONSORED ADR
7,381$710K0.08%
64
TSMTAIWAN SEMICONDUCTOR-SP ADR
2,722$700K0.08%
65
VWOBVANGUARD EMERG MKTS GOV BND
10,300$673K0.07%
66
USHYISHARES BROAD USD HIGH YIELD
16,210$608K0.07%
67
MLB1MERCADOLIBRE INC
298$605K0.07%
68
LVLNSS SPDR ICE PREF SEC ETF
19,030$604K0.07%
69
EDGGOLD FIELDS LTD-SPONS ADR
13,667$604K0.07%
70
AGIALAMOS GOLD INC-CLASS A
14,219$524K0.06%
71
JAAAJANUS HENDERSON AAA CLO ETF
9,996$507K0.06%
72
USFRWISDOMTREE FLOATING RATE TRE
9,208$463K0.05%
73
ENBENBRIDGE INC
10,165$461K0.05%
74
XFRAXBLACKROCK FLTNG RT INC STRAT
31,965$420K0.05%
75
AGFIRST MAJESTIC SILVER CORP
38,660$379K0.04%
76
HYINWISDOMTREE PRV CRD & ALT INC
21,450$369K0.04%
77
SPYMSTATE STREET SPDR PORTFOLIO
4,331$347K0.04%
78
IBMINTL BUSINESS MACHINES CORP
921$271K0.03%
79
URAGLOBAL X URANIUM ETF
6,405$249K0.03%
80
GQ9SPDR GOLD SHARES
656$247K0.03%
81
ETENERGY TRANSFER LP
13,210$239K0.03%
82
MICCMAGNUM ICE CREAM CO NV/THE
14,914$237K0.03%
83
SAPSAP SE-SPONSORED ADR
870$213K0.02%
84
OHIOMEGA HEALTHCARE INVESTORS
5,800$213K0.02%
85
BVNCIA DE MINAS BUENAVENTUR-ADR
7,284$207K0.02%
86
GDXJVANECK JUNIOR GOLD MINERS
3,035$205K0.02%
87
VODVODAFONE GROUP PLC-SP ADR
14,633$194K0.02%
88
EDRENDEAVOUR SILVER CORP
32,520$160K0.02%
89
CXCEMEX SAB-SPONS ADR PART CER
12,707$150K0.02%
90
VIVTELEFONICA BRASIL-ADR
10,534$131K0.01%
91
UMCUNITED MICROELECTRON-SP ADR
14,716$120K0.01%
92
WITWIPRO LTD-ADR
33,087$98K0.01%
93
IDRIDAHO STRATEGIC RESOURCES IN
813,450,000$49K0.01%
94
IAUI-80 GOLD CORP
66,672$21K0.00%