CIK: 0002123857
Total reported value
$148.5M
Reporting period: 2026-03-31 · Number of holdings: 41
McAlvany Wealth Management LLC disclosed 41 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $148.5M and a quarterly turnover rate of 40.6%.
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McAlvany Wealth Management LLC's disclosed holdings carry a Herfindahl concentration index of 0.039 — mathematically equivalent to about 25 equally-sized positions, close to its 41 actual disclosed holdings. Value is spread relatively evenly across the portfolio rather than concentrated in a handful of names.
Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.80), suggesting a disciplined, rules-based approach to how much capital goes into each idea.
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 12% 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.
Trim SLV
-57.5% -$13.3M
Add COP
+60.6% $3.6M
Add RRC
+65.2% $3.4M
Trim TFPM
-19.3% -$1.2M
Add XOM
+107.6% $2.2M
Add REPX
+136.3% $2.2M
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | GLDM | Spdr Gold Minishares Trust | ETF-Commodities | 9.57% | -0.97% | -1.50% | |
| 2 | RGLD | Royal Gold INC | Stock-Materials | 7.98% | +0.27% | +9.33% | |
| 3 | SLV | Ishares Silver Trust | ETF-Commodities | 6.46% | -11.05% | -57.55% | |
| 4 | COP | Conocophillips | Stock-Energy | 4.30% | +2.16% | +60.62% | |
| 5 | RRC | Range Resources CORP | Stock-Energy | 4.29% | +2.04% | +65.17% | |
| 6 | AEM | Agnico Eagle Mines LTD | Stock-Materials | 4.21% | -0.60% | -12.25% | |
| 7 | FNV | Franco-nevada CORP | Stock-Materials | 3.73% | +0.17% | +5.52% | |
| 8 | GLD | Spdr Gold Shares | ETF-Commodities | 3.40% | -0.64% | -8.62% | |
| 9 | TFPM | Triple Flag Precious Met | Stock-Materials | 3.30% | -1.39% | -19.34% | |
| 10 | AGI | Alamos Gold Inc-class A | Stock-Materials | 2.99% | +0.34% | +18.38% | |
| 11 | WPM | Wheaton Precious Metals CORP | Stock-Materials | 2.64% | -0.53% | -10.23% | |
| 12 | B | Barrick Mining CORP | Stock-Materials | 2.56% | -0.35% | — | |
| 13 | CVX | Chevron CORP | Stock-Energy | 2.55% | +1.23% | +58.61% | |
| 14 | EQT | Eqt CORP | Stock-Energy | 2.47% | +1.25% | +90.45% | |
| 15 | SILJ | Amplify Junior Silver Miners | ETF-Commodities | 2.45% | +2.45% | NEW | |
| 16 | IAUX | I-80 Gold CORP | Stock-Other | 2.38% | +2.38% | NEW | |
| 17 | VOXR | Vox Royalty CORP | Stock-Other | 2.37% | +0.38% | +33.49% | |
| 18 | BTG | B2gold CORP | Stock-Other | 2.28% | -0.96% | -14.84% | |
| 19 | NTR | Nutrien LTD | Stock-Materials | 2.26% | +0.33% | +7.47% | |
| 20 | XOM | Exxon Mobil CORP | Stock-Energy | 2.24% | +1.38% | +107.59% | |
| 21 | CRGY | Crescent Energy Inc-a | Stock-Energy | 2.11% | +1.25% | +71.57% | |
| 22 | REPX | Riley Exploration Permian In | Stock-Other | 2.09% | +1.37% | +136.29% | |
| 23 | EPD | Enterprise Products Partners | Stock-Energy | 2.06% | +0.34% | +11.40% | |
| 24 | PAAS | Pan American Silver CORP | Stock-Materials | 2.05% | -0.43% | -4.88% | |
| 25 | OR | Or Royalties INC | Stock-Other | 1.88% | -0.22% | +2.23% | |
| 26 | NEM | Newmont CORP | Stock-Materials | 1.76% | -0.31% | -6.56% | |
| 27 | WDS | Woodside Energy Group-adr | Stock-Other | 1.75% | +0.62% | +12.73% | |
| 28 | SCCO | Southern Copper CORP | Stock-Materials | 1.45% | +0.07% | +7.30% | |
| 29 | PPLT | Abrdn Physical Platinum Shrs | ETF-Commodities | 1.43% | -0.28% | +2.56% | |
| 30 | EXE | Expand Energy CORP | Stock-Energy | 1.26% | -0.05% | +7.76% | |
| 31 | NE | Noble Corporation plc | Stock-Energy | 1.11% | +0.42% | +5.44% | |
| 32 | ENB | Enbridge INC | Stock-Energy | 1.08% | +0.05% | +5.28% | |
| 33 | CNQ | Canadian Natural Resources | Stock-Energy | 1.01% | +1.01% | NEW | |
| 34 | VNOM | Viper Energy Inc-cl A | Stock-Energy | 0.85% | +0.85% | NEW | |
| 35 | CLIP | Global X 1-3 Month T-bill | ETF-Other | 0.64% | -0.36% | -27.05% | |
| 36 | CCJ | Cameco CORP | Stock-Energy | 0.63% | +0.01% | +2.38% | |
| 37 | MTA | Metalla Royalty & Streaming | Stock-Other | 0.55% | -0.27% | -1.86% | |
| 38 | GDXW | Roundhill Gld Mnrs Wkpy ETF | ETF-Other | 0.54% | -0.11% | -5.78% | |
| 39 | RIO | Rio Tinto Plc-spon Adr | Stock-Materials | 0.51% | +0.01% | +5.37% | |
| 40 | IAU | Ishares Gold Trust | ETF-Commodities | 0.46% | -0.04% | -0.06% | |
| 41 | GNR | State Street Spdr S&p Global | ETF-Other | 0.33% | +0.12% | +51.54% |
Performance for Q3 2026
-13.9%
Performance Last 4 Quarters
-26.6%
Based on 5 months of available history
Based on 77% of reported portfolio value with available pricing
McAlvany Wealth Management LLC's most significant position changes for 2026-03-31: New buy: Amplify Junior Silver Miners (SILJ); New buy: I-80 Gold CORP (IAUX); Sold out: Devon Energy CORP (DVN); New buy: Canadian Natural Resources (CNQ); New buy: Viper Energy Inc-cl A (VNOM).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | COP | Conocophillips | +2.2% | +60.62% | Add |
| 2 | RRC | Range Resources CORP | +2% | +65.17% | Add |
| 3 | XOM | Exxon Mobil CORP | +1.4% | +107.59% | Add |
| 4 | REPX | Riley Exploration Permian In | +1.4% | +136.29% | Add |
| 5 | EQT | Eqt CORP | +1.3% | +90.45% | Add |
| 6 | CRGY | Crescent Energy Inc-a | +1.3% | +71.57% | Add |
| 7 | CVX | Chevron CORP | +1.2% | +58.61% | Add |
| 8 | WDS | Woodside Energy Group-adr | +0.6% | +12.73% | Add |
| 9 | NE | Noble Corporation plc | +0.4% | +5.44% | Add |
| 10 | VOXR | Vox Royalty CORP | +0.4% | +33.49% | Add |
| 11 | AGI | Alamos Gold Inc-class A | +0.3% | +18.38% | Add |
| 12 | EPD | Enterprise Products Partners | +0.3% | +11.40% | Add |
| 13 | NTR | Nutrien LTD | +0.3% | +7.47% | Add |
| 14 | RGLD | Royal Gold INC | +0.3% | +9.33% | Add |
| 15 | FNV | Franco-nevada CORP | +0.2% | +5.52% | Add |
| 16 | GNR | State Street Spdr S&p Global | +0.1% | +51.54% | Add |
| 17 | SCCO | Southern Copper CORP | +0.1% | +7.30% | Add |
| 18 | ENB | Enbridge INC | +0.1% | +5.28% | Add |
| 19 | CCJ | Cameco CORP | 0% | +2.38% | Add |
| 20 | RIO | Rio Tinto Plc-spon Adr | 0% | +5.37% | Add |
| 21 | IAU | Ishares Gold Trust | 0% | -0.06% | Trim |
| 22 | EXE | Expand Energy CORP | -0.1% | +7.76% | Add |
| 23 | GDXW | Roundhill Gld Mnrs Wkpy ETF | -0.1% | -5.78% | Trim |
| 24 | OR | Or Royalties INC | -0.2% | +2.23% | Add |
| 25 | MTA | Metalla Royalty & Streaming | -0.3% | -1.86% | Trim |
| 26 | PPLT | Abrdn Physical Platinum Shrs | -0.3% | +2.56% | Add |
| 27 | NEM | Newmont CORP | -0.3% | -6.56% | Trim |
| 28 | B | Barrick Mining CORP | -0.4% | — | Unchanged |
| 29 | CLIP | Global X 1-3 Month T-bill | -0.4% | -27.05% | Trim |
| 30 | PAAS | Pan American Silver CORP | -0.4% | -4.88% | Trim |
| 31 | WPM | Wheaton Precious Metals CORP | -0.5% | -10.23% | Trim |
| 32 | AEM | Agnico Eagle Mines LTD | -0.6% | -12.25% | Trim |
| 33 | GLD | Spdr Gold Shares | -0.6% | -8.62% | Trim |
| 34 | BTG | B2gold CORP | -1% | -14.84% | Trim |
| 35 | GLDM | Spdr Gold Minishares Trust | -1% | -1.50% | Trim |
| 36 | TFPM | Triple Flag Precious Met | -1.4% | -19.34% | Trim |
| 37 | SLV | Ishares Silver Trust | -11.1% | -57.55% | Trim |
| 38 | SILJ | Amplify Junior Silver Miners | — | NEW | New buy |
| 39 | IAUX | I-80 Gold CORP | — | NEW | New buy |
| 40 | DVN | Devon Energy CORP | — | EXIT | Sold out |
| 41 | CNQ | Canadian Natural Resources | — | NEW | New buy |
| 42 | VNOM | Viper Energy Inc-cl A | — | NEW | New buy |
| 43 | PHYS | Sprott Physical Gold Trust | — | EXIT | Sold out |
| 44 | SHY | Ishares 1-3 Year Treasury Bo | — | EXIT | Sold out |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-06 | Amendment | View on EDGAR |
| 2026-03-31 | 2026-04-15 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-03-25 | 13F-HR | View on EDGAR |
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