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 |
|---|---|---|---|
| ADEAAdeia Inc | $29.2M | 7.0% | |
| CDECoeur Mng Inc | $28.3M | 6.8% | |
| NOKNokia Corp | $27.3M | 6.5% | |
| TMQTrilogy Metals Inc New | $23.8M | 5.7% | |
| BVNCompania De Minas Buenaventu | $20.3M | 4.9% | |
| MLPMaui Ld & Pineapple Inc | $19.5M | 4.7% | |
| CIGCia Energetica De Minas Gera | $19.2M | 4.6% | |
| CTVACorteva Inc | $17.9M | 4.3% | |
| MNKDMannkind Corp | $16.9M | 4.0% | |
| SLVIshares Silver Tr | $14.2M | 3.4% | |
| Consolidated Water Co IncCUSIP G23773107 | $14.1M | 3.4% | |
| CLDXCelldex Therapeutics Inc New | $13.8M | 3.3% | |
| FCXFreeport Mcmoran Inc | $13.4M | 3.2% | |
| NVAXNovavax Inc | $13.4M | 3.2% | |
| MSEXMiddlesex Wtr Co | $11.9M | 2.8% | |
| XYLXylem Inc | $10.4M | 2.5% | |
| NEMNewmont Corp | $9.7M | 2.3% | |
| GWRSGlobal Wtr Res Inc | $9.7M | 2.3% | |
| Stratasys LtdCUSIP M85548101 | $9.5M | 2.3% | |
| SBSWSibanye Stillwater Ltd | $9.3M | 2.2% | |
| WMWaste Mgmt Inc Del | $9.2M | 2.2% | |
| WUWestern Un Co | $8.7M | 2.1% | |
| AWKAmerican Wtr Wks Co Inc New | $8.3M | 2.0% | |
| GLDSpdr Gold Tr | $7.5M | 1.8% | |
| XPERXperi Inc | $7.2M | 1.7% |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| December 31, 2025 | +11.4% | +2.4% |
| June 30, 2025 | +7.7% | +10.5% |
| March 31, 2025 | +5.2% | −4.6% |
| December 31, 2024 | −7.2% | +2.1% |
| September 30, 2024 | +6.7% | +5.4% |
| June 30, 2024 | +3.5% | +4.0% |
| March 31, 2024 | +5.2% | +10.0% |
| December 31, 2023 | +12.1% | +11.2% |
| September 30, 2023 | −7.0% | −3.6% |
| June 30, 2023 | +3.2% | +8.3% |
| March 31, 2023 | +3.4% | +7.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: TSP Capital Management Group, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1317208&type=13F-HR&dateb=&owner=include&count=40CIK 1317208
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1317208/000117266126002994/Filed July 31, 2026 · accession 0001172661-26-002994