Returns–Not enough quarters yet
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| GDXVaneck Etf Trust | $57.9M | 18.8% | +275.8% |
| VISTVista Energy S.a.b. De C.v | $45.5M | 14.8% | +6.4% |
| KSPIKaspi Kz Jsc | $34.2M | 11.1% | −22.5% |
| GPORGulfport Energy Corp | $23.7M | 7.7% | −72.5% |
| BMABanco Macro S A | $22.0M | 7.2% | New |
| Nu Hldgs LtdCUSIP G6683N103 | $19.8M | 6.4% | +13.7% |
| ITUBItau Unibanco Hldg S A | $18.9M | 6.2% | −3.8% |
| EQXEquinox Gold Corp | $18.5M | 6.0% | −77.1% |
| MELIMercadolibre Inc | $18.4M | 6.0% | |
| PBRPetroleo Brasileiro S A | $15.2M | 4.9% | New |
| YPFYpf Sociedad Anonima | $14.4M | 4.7% | New |
| EGOEldorado Gold Corp New | $11.2M | 3.6% | +14.2% |
| Corporacion Amer Arpts S ACUSIP L1995B107 | $7.8M | 2.5% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| EQXEquinox Gold Corp | June 30, 2024 | +85.9% | $18.5M |
| VISTVista Energy S.a.b. De C.v | December 31, 2024 | +17.9% | $45.5M |
| ITUBItau Unibanco Hldg S A | September 30, 2025 | +11.3% | $18.9M |
| Nu Hldgs LtdCUSIP G6683N103 | March 31, 2026 | −7.0% | $19.8M |
| GPORGulfport Energy Corp | March 31, 2025 | −7.8% | $23.7M |
| KSPIKaspi Kz Jsc | December 31, 2024 | −8.5% | $34.2M |
| EGOEldorado Gold Corp New | March 31, 2026 | −9.4% | $11.2M |
| MELIMercadolibre Inc | December 31, 2025 | −15.7% | $18.4M |
| GDXVaneck Etf Trust | March 31, 2026 | −17.8% | $57.9M |
Sold off last quarter
- AMZNAmazon Com Inc was $60.3M
- BBarrick Mng Corp was $55.6M
- EXEExpand Energy Corporation was $48.1M
- EQTEqt Corp was $46.8M
- ARAntero Resources Corp was $42.1M
- NEMNewmont Corp was $40.4M
- GOOGAlphabet Inc was $37.6M
- Ubs Group AgCUSIP H42097107 was $24.2M
- GGALGrupo Financiero Galicia S.a was $22.1M
- TECKTeck Resources Ltd was $21.6M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −8.2% | +14.8% |
| March 31, 2026 | +5.1% | −4.6% |
| June 30, 2025 | +4.6% | +10.5% |
| March 31, 2025 | −1.4% | −4.6% |
| December 31, 2024 | −7.7% | +2.1% |
| September 30, 2024 | +2.8% | +5.4% |
| June 30, 2024 | +7.6% | +4.0% |
| March 31, 2024 | +9.3% | +10.0% |
| December 31, 2023 | +13.2% | +11.2% |
| September 30, 2023 | −9.5% | −3.6% |
| June 30, 2023 | +4.8% | +8.3% |
| March 31, 2023 | +0.6% | +7.0% |
| December 31, 2022 | +1.0% | +7.1% |
| September 30, 2022 | +3.1% | −5.3% |
| June 30, 2022 | −21.0% | −16.5% |
| March 31, 2022 | −0.8% | −4.9% |
| December 31, 2021 | +13.7% | +10.7% |
| September 30, 2021 | −1.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Gemsstock Ltd. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1724140&type=13F-HR&dateb=&owner=include&count=40CIK 1724140
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1724140/000172414026000014/Filed August 14, 2026 · accession 0001724140-26-000014