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Euro Pacific Asset Management, LLC SEC 13F Holdings (Q2 2026) — Top Position: AGNICO EAGLE MINES LTD
Euro Pacific Asset Management, LLCCIK: 0001796651
Diversified strategySector-focusedLong-term holder
Total reported value
$879.5M
Reporting period: 2026-06-30 · Number of holdings: 96
Euro Pacific Asset Management, LLC disclosed 96 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $879.5M and a quarterly turnover rate of 0.0%.
Browse other institutions with $100M to $1B AUMBrowse other institutions starting with "E"
Personality snowflake
- Concentration
- 13.51
- Portfolio Stability
- 0
- Momentum
- 50
- Sector conviction
- 100
- Diversification
- 100
- Sizing Uniformity
- 84.94
Euro Pacific Asset Management, LLC's disclosed holdings carry a Herfindahl concentration index of 0.034 — mathematically equivalent to about 30 equally-sized positions, well below its 96 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.51), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 63% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim AEM
-0.4% -$25.1M
Add OHI
0.0% $11.4M
Add MTA
+1.7% $5.9M
Trim NEM
-14.3% -$13.8M
Add BTI
-0.7% $4.4M
Add TFPM
-0.6% $6.3M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | AEM | Agnico Eagle Mines LTD | Stock-Materials | 6.70% | -1.63% | -0.42% | |
| 2 | B | Barrick Mining CORP | Stock-Materials | 6.44% | +0.36% | -9.94% | |
| 3 | FNV | Franco-nevada CORP | Stock-Materials | 6.10% | +0.43% | -0.24% | |
| 4 | PAAS | Pan American Silver CORP | Stock-Materials | 5.42% | -0.81% | -1.23% | |
| 5 | MTA | Metalla Royalty & Streaming | Stock-Other | 4.88% | +1.21% | +1.67% | |
| 6 | BTI | British American Tob-sp Adr | Stock-Consumer Staples | 4.51% | +1.02% | -0.67% | |
| 7 | FSM | Fortuna Mining CORP | Stock-Other | 4.37% | +0.02% | +0.24% | |
| 8 | RGLD | Royal Gold Inc | Stock-Materials | 3.70% | -0.46% | +0.14% | |
| 9 | OR | Or Royalties Inc | Stock-Other | 3.59% | -0.24% | +0.24% | |
| 10 | WPM | Wheaton Precious Metals CORP | Stock-Materials | 3.55% | -0.21% | -0.00% | |
| 11 | BTG | B2gold CORP | Stock-Other | 3.50% | -0.14% | +0.09% | |
| 12 | EQX | Equinox Gold CORP | Stock-Other | 2.82% | -0.41% | +9.24% | |
| 13 | TFPM | Triple Flag Precious Met | Stock-Materials | 2.74% | +0.98% | -0.65% | |
| 14 | AU | AngloGold Ashanti plc | Stock-Materials | 2.61% | -0.05% | +0.20% | |
| 15 | IAG | Iamgold CORP | Stock-Other | 2.35% | -0.02% | +0.55% | |
| 16 | ELE | Elemental Royalty CORP | Stock-Other | 2.21% | +0.39% | +13.93% | |
| 17 | NVO | Novo-nordisk A/s-spons Adr | Stock-Healthcare | 2.07% | -0.15% | +27.10% | |
| 18 | NEM | Newmont CORP | Stock-Materials | 1.82% | -1.13% | -14.31% | |
| 19 | DC | Dakota Gold CORP | Stock-Other | 1.77% | -0.02% | +0.16% | |
| 20 | BP | Bp Plc-spons Adr | Stock-Energy | 1.68% | +0.29% | -0.81% | |
| 21 | OUNZ | Vaneck Merk Gold ETF | ETF-Commodities | 1.65% | -0.08% | -2.61% | |
| 22 | BNS | Bank Of Nova Scotia | Stock-Financials | 1.59% | +0.55% | -1.27% | |
| 23 | CEF | Sprott Physical Gold And Sil | Stock-Other | 1.50% | +0.68% | -6.69% | |
| 24 | KGC | Kinross Gold CORP | Stock-Materials | 1.37% | -0.60% | -2.34% | |
| 25 | WRN | Western Copper And Gold CORP | Stock-Other | 1.35% | +0.76% | +6.03% | |
| 26 | OHI | Omega Healthcare Investors | Stock-Real Estate | 1.32% | +1.30% | — | |
| 27 | EQNR | Equinor Asa-spon Adr | Stock-Energy | 1.27% | +0.25% | -2.91% | |
| 28 | ORLA | Orla Mining LTD | Stock-Other | 1.01% | -0.36% | +11.94% | |
| 29 | ABEV | Ambev Sa-adr | Stock-Consumer Staples | 0.87% | +0.26% | -1.31% | |
| 30 | ACN | Accenture plc | Stock-Tech | 0.86% | -0.70% | +59.40% | |
| 31 | SKM | Sk Telecom Co Ltd-spon Adr | Stock-Other | 0.80% | +0.15% | -0.15% | |
| 32 | GSK | Gsk Plc-spon Adr | Stock-Healthcare | 0.75% | -0.25% | -0.78% | |
| 33 | KSPI | Jsc Kaspi.kz Adr | Stock-Other | 0.73% | +0.50% | +242.55% | |
| 34 | TTE | TotalEnergies SE | Stock-Other | 0.72% | -0.57% | -1.17% | |
| 35 | VALE | Vale Sa-sp Adr | Stock-Materials | 0.67% | +0.02% | +0.18% | |
| 36 | ASML | ASML Holding N.V. | Stock-Tech | 0.65% | +0.29% | -7.97% | |
| 37 | IBM | Intl Business Machines CORP | Stock-Tech | 0.63% | +0.60% | -8.90% | |
| 38 | BHP | Bhp Group Ltd-spon Adr | Stock-Materials | 0.58% | +0.29% | +3.55% | |
| 39 | NVS | Novartis Ag-sponsored Adr | Stock-Healthcare | 0.56% | -0.01% | -0.32% | |
| 40 | PSLV | Sprott Physical Silver Trust | Stock-Other | 0.55% | -0.10% | -0.34% | |
| 41 | BCE | Bce Inc | Stock-Comm Services | 0.52% | +0.02% | -0.26% | |
| 42 | SHEL | Shell Plc-adr | Stock-Energy | 0.49% | -0.75% | -1.18% | |
| 43 | AQN | Algonquin Power & Utilities | Stock-Other | 0.48% | +0.05% | — | |
| 44 | IE | Ivanhoe Electric Inc / US | Stock-Other | 0.46% | -0.07% | -4.80% | |
| 45 | BBD | Banco Bradesco-adr | Stock-Other | 0.44% | +0.06% | +4.21% | |
| 46 | PM | Philip Morris International | Stock-Consumer Staples | 0.43% | -0.37% | -0.96% | |
| 47 | ITUB | Itau Unibanco H-spon Prf Adr | Stock-Financials | 0.40% | +0.05% | -0.09% | |
| 48 | FEMB | First Trust Emerging Markets | ETF-Emerging Markets | 0.37% | +0.04% | -4.52% | |
| 49 | NTR | Nutrien LTD | Stock-Materials | 0.36% | -0.32% | -0.93% | |
| 50 | GRAB | Grab Holdings Limited | Stock-Tech | 0.32% | +0.08% | — |
1–50 of 96
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Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Portfolio Performance
Performance for Q3 2026
+8.1%
Performance Last 4 Quarters
+44.7%
- Stdev
- +29.2%
- Beta
- +0.39
- Alpha
- +26.4%
- Max Drawdown
- -27.5%
- Annualized Perf
- +34.6%
- Batting Avg vs S&P
- +50%
- Sortino
- +2.34
- Stutzer
- +0.35
- Treynor
- +0.88
- Sterling
- +1.37
- Calmar
- +1.26
- Information Ratio
- +0.47
- Tracking Error
- +29.9%
- Stdev Down
- +14.6%
- Winning Months %
- +63.9%
- Losing Months %
- +36.1%
- Best 12 Months
- +119.9%
- Worst 12 Months
- +7.8%
- Efficiency Ratio
- +0.6
- Sharpe
- +1.17
- Stdev Sectors
- +20.3%
- Skewness
- +0.2
- Kurtosis
- +0.21
- Upside Potential
- +3.93
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 96 | $879.5M | 0 | ||
| 2026 Q1 | 96 | $1.0B | 16 | ||
| 2025 Q4 | 93 | $900.9M | 20 | ||
| 2025 Q3 | 89 | $828.7M | 60 | ||
| 2025 Q2 | 84 | $619.9M | 0 | ||
| 2025 Q1 | 79 | $551.1M | 100 | ||
| 2024 Q4 | 71 | $463.9M | 0 | ||
| 2024 Q3 | 75 | $542.5M | 0 | ||
| 2024 Q2 | 68 | $504.8M | 0 | ||
| 2024 Q1 | 72 | $491.4M | 0 | ||
| 2023 Q4 | 68 | $468.1M | 0 | ||
| 2023 Q3 | 68 | $427.1M | 0 | ||
| 2023 Q2 | 66 | $457.8M | 0 | ||
| 2023 Q1 | 66 | $466.4M | 0 | ||
| 2022 Q4 | 71 | $446.4M | 0 | ||
| 2022 Q3 | 60 | $380.7M | 0 | ||
| 2022 Q2 | 64 | $422.1M | 0 | ||
| 2022 Q1 | 62 | $509.7M | 0 | ||
| 2021 Q4 | 62 | $443.9M | 0 | ||
| 2021 Q3 | 56 | $382.8M | 0 | ||
| 2021 Q2 | 48 | $410.2M | 100 | ||
| 2021 Q1 | 51 | $389.4M | 16 | ||
| 2020 Q4 | 54 | $412.2M | 26 | ||
| 2020 Q3 | 53 | $394.8M | 23 | ||
| 2020 Q2 | 47 | $358.5M | 21 | ||
| 2020 Q1 | 42 | $301.9M | 36 | ||
| 2019 Q4 | 41 | $276.7M | — |
Holding changes this quarter
Euro Pacific Asset Management, LLC's most significant position changes for 2026-06-30: Trim: Agnico Eagle Mines LTD (AEM) — shares -0.42%; Add: Metalla Royalty & Streaming (MTA) — shares +1.67%; Trim: Newmont CORP (NEM) — shares -14.31%; Trim: British American Tob-sp Adr (BTI) — shares -0.67%; Trim: Triple Flag Precious Met (TFPM) — shares -0.65%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | OHI | Omega Healthcare Investors | +1.3% | — | Unchanged |
| 2 | MTA | Metalla Royalty & Streaming | +1.2% | +1.67% | Add |
| 3 | BTI | British American Tob-sp Adr | +1% | -0.67% | Trim |
| 4 | TFPM | Triple Flag Precious Met | +1% | -0.65% | Trim |
| 5 | WRN | Western Copper And Gold CORP | +0.8% | +6.03% | Add |
| 6 | CEF | Sprott Physical Gold And Sil | +0.7% | -6.69% | Trim |
| 7 | IBM | Intl Business Machines CORP | +0.6% | -8.90% | Trim |
| 8 | BNS | Bank Of Nova Scotia | +0.6% | -1.27% | Trim |
| 9 | KSPI | Jsc Kaspi.kz Adr | +0.5% | +242.55% | Add |
| 10 | FNV | Franco-nevada CORP | +0.4% | -0.24% | Trim |
| 11 | ELE | Elemental Royalty CORP | +0.4% | +13.93% | Add |
| 12 | B | Barrick Mining CORP | +0.4% | -9.94% | Trim |
| 13 | BHP | Bhp Group Ltd-spon Adr | +0.3% | +3.55% | Add |
| 14 | ASML | ASML Holding N.V. | +0.3% | -7.97% | Trim |
| 15 | BP | Bp Plc-spons Adr | +0.3% | -0.81% | Trim |
| 16 | ABEV | Ambev Sa-adr | +0.3% | -1.31% | Trim |
| 17 | EQNR | Equinor Asa-spon Adr | +0.3% | -2.91% | Trim |
| 18 | SKM | Sk Telecom Co Ltd-spon Adr | +0.2% | -0.15% | Trim |
| 19 | SLV | Ishares Silver Trust | +0.1% | +10.21% | Add |
| 20 | JAAA | Janus Henderson Aaa Clo ETF | +0.1% | — | Unchanged |
| 21 | GRAB | Grab Holdings Limited | +0.1% | — | Unchanged |
| 22 | HLN | Haleon Plc-adr | +0.1% | -1.57% | Trim |
| 23 | BBD | Banco Bradesco-adr | +0.1% | +4.21% | Add |
| 24 | ITUB | Itau Unibanco H-spon Prf Adr | +0.1% | -0.09% | Trim |
| 25 | AQN | Algonquin Power & Utilities | +0.1% | — | Unchanged |
| 26 | UMC | United Microelectron-sp Adr | 0% | -3.98% | Trim |
| 27 | AG | First Majestic Silver CORP | 0% | +70.73% | Add |
| 28 | ASM | Avino Silver & Gold Mines | 0% | — | Unchanged |
| 29 | FEMB | First Trust Emerging Markets | 0% | -4.52% | Trim |
| 30 | FSM | Fortuna Mining CORP | 0% | +0.24% | Add |
| 31 | VALE | Vale Sa-sp Adr | 0% | +0.18% | Add |
| 32 | BCE | Bce Inc | 0% | -0.26% | Trim |
| 33 | ENB | Enbridge Inc | 0% | +3.01% | Add |
| 34 | IGOV | Ishares International Treasu | 0% | -4.23% | Trim |
| 35 | TSM | Taiwan Semiconductor-sp Adr | 0% | +1.63% | Add |
| 36 | BWX | State Street Spdr Bloomberg | 0% | -2.41% | Trim |
| 37 | EXK | Endeavour Silver CORP | 0% | — | Unchanged |
| 38 | CDE | Coeur Mining Inc | 0% | — | Unchanged |
| 39 | INFY | Infosys Ltd-sp Adr | 0% | +0.91% | Add |
| 40 | MELI | Mercadolibre Inc | 0% | +1.00% | Add |
| 41 | GLD | Spdr Gold Shares | — | -5.00% | Trim |
| 42 | DEO | Diageo Plc-sponsored Adr | — | -4.05% | Trim |
| 43 | DOW | Dow Inc | — | — | Unchanged |
| 44 | XFRAX | Blackrock Fltng Rt Inc Strat | — | — | Unchanged |
| 45 | VOD | Vodafone Group Plc-sp Adr | — | -2.01% | Trim |
| 46 | VIV | Telefonica Brasil-adr | — | +2.63% | Add |
| 47 | ET | Energy Transfer LP | — | -3.45% | Trim |
| 48 | WIT | Wipro Ltd-adr | — | +9.34% | Add |
| 49 | CX | Cemex Sab-spons Adr Part Cer | — | +2.89% | Add |
| 50 | HL | Hecla Mining Co | — | — | Unchanged |
1–50 of 96
Filing History
FAQ
What is Euro Pacific Asset Management, LLC and what type of investor is it?
Euro Pacific Asset Management, LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $879.5M, spread across 96 disclosed positions.
What are Euro Pacific Asset Management, LLC's largest equity positions?
Based on the latest 13F filing, Euro Pacific Asset Management, LLC's top holdings by market value are:
1. Agnico Eagle Mines LTD (AEM) — $59.0M (6.7%)
2. Barrick Mining CORP (B) — $56.6M (6.4%)
3. Franco-nevada CORP (FNV) — $53.7M (6.1%)
4. Pan American Silver CORP (PAAS) — $47.7M (5.4%)
5. Metalla Royalty & Streaming (MTA) — $42.9M (4.9%)
What changes did Euro Pacific Asset Management, LLC make in its most recent portfolio filing?
In the latest reported quarter, Euro Pacific Asset Management, LLC made 80 notable position adjustments: 0 new positions were initiated, 33 existing holdings were added to, 47 positions were partially reduced, and 0 were completely exited. The largest of these moves: Trim: Agnico Eagle Mines LTD (AEM) — shares -0.42%; Add: Metalla Royalty & Streaming (MTA) — shares +1.67%; Trim: Newmont CORP (NEM) — shares -14.31%; Trim: British American Tob-sp Adr (BTI) — shares -0.67%; Trim: Triple Flag Precious Met (TFPM) — shares -0.65%
What sectors does Euro Pacific Asset Management, LLC focus on?
Euro Pacific Asset Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Materials: 68.0%
• Consumer Staples: 9.8%
• Energy: 5.7%
• Health Care: 5.6%
• Information Technology: 4.2%
• Financials: 3.6%
Investment Profile
Euro Pacific Asset Management, LLC returned an annualized 34.6% over the trailing 36 months — outperforming the S&P 500 by 26.4 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.39 (less volatile than the market) and a 50% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 68.0% of the portfolio concentrated in Materials.
It has added to its WRN position over the past two quarters (+$9.1M, now $11.9M), while trimming B over the same stretch (-$11.2M, still holding $56.6M).
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Developer Access
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