1y return+43.5%S&P 500 +20.9%
3y return+90.4%S&P 500 +68.5%
5y return+92.7%S&P 500 +74.5%
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.
$100 invested in its stock picks
Since September 30, 2019: $282 against $252 in the S&P 500.2
Winmill & Co. IncS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| LRCXLam Research Corporation | $47.2M | 10.5% | |
| STLDSteel Dynamics Inc | $38.7M | 8.6% | |
| GOOGLAlphabet, Inc. | $38.6M | 8.6% | |
| IBKRInteractive Brokers Group, Inc. | $28.5M | 6.3% | |
| WSMWilliams-Sonoma, Inc. | $25.9M | 5.7% | |
| MLIMueller Industries, Inc. | $20.8M | 4.6% | |
| IAGIAMGOLD Corporation | $18.8M | 4.2% | |
| URIUnited Rentals Inc | $17.5M | 3.9% | |
| PGRProgressive Corp | $17.4M | 3.9% | +24.6% |
| NMIHNMI Holdings, Inc. | $16.3M | 3.6% | |
| YOUClear Secure, Inc. | $16.1M | 3.6% | |
| MSFTMicrosoft Corp | $14.8M | 3.3% | New |
| Essent Group Ltd.CUSIP G3198U102 | $13.8M | 3.1% | |
| LPLALPL Financial Holdings, Inc. | $13.1M | 2.9% | |
| QLYSQualys, Inc. | $12.2M | 2.7% | |
| DDSDillards Inc | $11.4M | 2.5% | |
| NUTXNutex Health, Inc. | $11.2M | 2.5% | |
| AMPAmeriprise Financial, Inc. | $10.1M | 2.2% | New |
| DUOLDuolingo, Inc. | $10.0M | 2.2% | New |
| White Mountains Insurance Group Ltd.CUSIP G9618E107 | $10.0M | 2.2% | New |
| NVRNvr Inc | $7.2M | 1.6% | |
| GDDYGoDaddy, Inc. | $7.0M | 1.5% | New |
| ALRMAlarm.com Holdings, Inc. | $5.9M | 1.3% | |
| UNHUnitedHealth Group, Inc. | $5.6M | 1.2% | |
| MAMastercard, Inc. | $5.1M | 1.1% |
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 |
|---|---|---|---|
| STLDSteel Dynamics Inc | June 30, 2020 | +779.5% | $38.7M |
| LRCXLam Research Corporation | December 31, 2024 | +499.9% | $47.2M |
| WSMWilliams-Sonoma, Inc. | June 30, 2020 | +468.5% | $25.9M |
| GOOGLAlphabet, Inc. | June 30, 2020 | +404.0% | $38.6M |
| IBKRInteractive Brokers Group, Inc. | December 31, 2023 | +320.0% | $28.5M |
| JPMJPMorgan Chase & Company | June 30, 2020 | +248.0% | $2.2M |
| SLViShares Silver Trust | June 30, 2020 | +214.4% | $806K |
| KGCKinross Gold Corporation | June 30, 2024 | +183.9% | $1.6M |
| MLIMueller Industries, Inc. | June 30, 2023 | +181.7% | $20.8M |
| BRK/BBerkshire Hathaway, Inc. | June 30, 2020 | +180.3% | $1.3M |
Sold off last quarter
- HCAHCA Healthcare, Inc. was $12.5M
- AEMAgnico Eagle Mines Ltd. was $3.0M
- ELVElevance Health, Inc. was $2.8M
- NEMNewmont Corporation was $2.2M
- TFPMTriple Flag Precious Metals Corporation was $1.9M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +19.7% | +14.8% |
| March 31, 2026 | +0.5% | −4.6% |
| December 31, 2025 | +3.3% | +2.4% |
| September 30, 2025 | +15.4% | +7.8% |
| June 30, 2025 | +8.1% | +10.5% |
| March 31, 2025 | +0.2% | −4.6% |
| December 31, 2024 | −1.7% | +2.1% |
| September 30, 2024 | +5.9% | +5.4% |
| June 30, 2024 | −4.4% | +4.0% |
| March 31, 2024 | +11.8% | +10.0% |
| December 31, 2023 | +13.3% | +11.2% |
| September 30, 2023 | −2.9% | −3.6% |
| June 30, 2023 | +4.0% | +8.3% |
| March 31, 2023 | +3.2% | +7.0% |
| December 31, 2022 | +11.3% | +7.1% |
| September 30, 2022 | −8.0% | −5.3% |
| June 30, 2022 | −14.3% | −16.5% |
| March 31, 2022 | +0.4% | −4.9% |
| December 31, 2021 | +7.9% | +10.7% |
| September 30, 2021 | −0.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Winmill & Co. Inc Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=52234&type=13F-HR&dateb=&owner=include&count=40CIK 52234
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/52234/000089271226000347/Filed August 13, 2026 · accession 0000892712-26-000347