Gemsstock Ltd.

Momentum followerHigh-turnover traderQuality / disciplined sizing

Total reported value

$948.8M

Reporting period: 2026-03-31 · Number of holdings: 28

Gemsstock Ltd. disclosed 28 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $948.8M and a quarterly turnover rate of 81.9%.

Personality snowflake

Concentration: 23.01
Portfolio Stability: 81.88
Momentum/Contrarian: 100
Sector conviction: 60.84
Diversification: 56
Sizing Uniformity: 92.04

Recent moves

Add EQX
+58.7%　$46.5M
Add GPOR
+50.7%　$37.4M
Add KSPI
+170.4%　$23.0M
Add VIST
+9.3%　$20.8M
Add TECK
+51.9%　$8.4M
Trim CRK
-1.7%　-$2.0M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	EQX	Equinox Gold CORP	Stock-Other	12.62%	+3.39%	+58.75%
2	GPOR	Gulfport Energy CORP	Stock-Other	11.33%	+2.49%	+50.65%
3	AMZN	Amazon.com INC	Stock-Consumer Disc	6.35%	-0.02%	+32.04%
4	B	Barrick Mining CORP	Stock-Materials	5.86%	-0.50%	+17.74%
5	VIST	Vista Energy Sab De Cv	Stock-Other	5.33%	+1.57%	+9.34%
6	EXE	Expand Energy CORP	Stock-Energy	5.07%	-0.50%	+9.34%
7	EQT	Eqt CORP	Stock-Energy	4.94%	+0.36%	+8.51%
8	AR	Antero Resources CORP	Stock-Energy	4.44%	+0.31%	+4.49%
9	NEM	Newmont CORP	Stock-Materials	4.26%	+0.35%	+20.26%
10	KSPI	Jsc Kaspi.kz Adr	Stock-Other	3.97%	+2.12%	+170.45%
11	GOOG	Alphabet Inc-cl C	Stock-Comm Services	3.96%	+3.96%	NEW
12	UBS	UBS Group AG	Stock-Financials	2.55%	+2.55%	NEW
13	GGAL	Grupo Financiero Galicia-adr	Stock-Other	2.33%	+2.33%	NEW
14	TECK	Teck Resources Ltd-cls B	Stock-Materials	2.27%	+0.61%	+51.92%
15	DB	Deutsche Bank Aktiengesellschaft	Stock-Financials	2.18%	+2.18%	NEW
16	VALE	Vale Sa-sp Adr	Stock-Materials	2.14%	+2.13%	NEW
17	ITUB	Itau Unibanco H-spon Prf Adr	Stock-Financials	2.13%	+0.08%	+5.77%
18	NVDA	Nvidia CORP	Stock-Tech	2.02%	+2.02%	NEW
19	CRM	Salesforce INC	Stock-Tech	1.98%	+1.98%	NEW
20	NU	Nu Holdings Ltd.	Stock-Financials	1.97%	+1.97%	NEW
21	GDX	Vaneck Gold Miners ETF	ETF-Commodities	1.97%	+1.97%	NEW
22	MELI	Mercadolibre INC	Stock-Consumer Disc	1.97%	-0.19%	+27.41%
23	JPM	Jpmorgan Chase & Co	Stock-Financials	1.97%	-0.24%	+16.54%
24	COPX	Global X Copper Miners ETF	ETF-Other	1.94%	+1.94%	NEW
25	CRK	Comstock Resources INC	Stock-Other	1.81%	-0.61%	-1.66%
26	SLV	Ishares Silver Trust	ETF-Commodities	1.44%	+1.44%	NEW
27	EGO	Eldorado Gold CORP	Stock-Other	1.14%	+1.14%	NEW
28	TUR	Ishares Msci Turkey ETF	ETF-Other	0.05%	+0.05%	NEW

Portfolio Performance

Performance for Q3 2026

-7.5%

Performance Last 4 Quarters

+41%

Based on 82% of reported portfolio value with available pricing

Stdev: +16.8%
Beta: +0.75
Alpha: +17.7%
Max Drawdown: -10.7%
Annualized Perf: +35.7%
Batting Avg vs S&P: +57.1%
Sortino: +4.33
Stutzer: +0.55
Treynor: +0.43
Sterling: +1.92
Calmar: +3.34
Information Ratio: +0.9
Tracking Error: +14.1%
Stdev Down: +7.5%
Winning Months %: +68.6%
Losing Months %: +31.4%
Best 12 Months: +57.2%
Worst 12 Months: +16.9%
Efficiency Ratio: +0.95
Sharpe: +1.92
Stdev Sectors: +7.8%
Skewness: -0.25
Kurtosis: -0.34
Upside Potential: +5.65

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	28	$948.8M	82	1EQX 2GPOR 3AMZN Top holdings2026-03-31 1.EQX 2.GPOR 3.AMZN 4.B 5.VIST 6.EXE 7.EQT 8.AR 9.NEM 10.KSPI
2025-12-31	22	$793.4M	84	1EQX 2GPOR 3SOXX Top holdings2025-12-31 1.EQX 2.GPOR 3.SOXX 4.QQQ 5.AMZN 6.B 7.EWY 8.EXE 9.EEM 10.EQT
2025-09-30	15	$486.1M	94	1EEM 2EQX 3EQT Top holdings2025-09-30 1.EEM 2.EQX 3.EQT 4.GDXJ 5.NEM 6.B 7.GPOR 8.EXE 9.AR 10.SMH
2025-06-30	17	$560.9M	0	1EEM 2EWZ 3EQX Top holdings2025-06-30 1.EEM 2.EWZ 3.EQX 4.DB 5.KSPI 6.B 7.NEM 8.GDXJ 9.AR 10.EQT
2025-03-31	18	$265.4M	100	1KSPI 2EQX 3GGAL Top holdings2025-03-31 1.KSPI 2.EQX 3.GGAL 4.TECK 5.BMA 6.ABX 7.NEM 8.MOS 9.AMZN 10.GOOG
2024-12-31	16	$483.2M	0	1QQQ 2RSP 3GOOG Top holdings2024-12-31 1.QQQ 2.RSP 3.GOOG 4.AMZN 5.NU 6.TECK 7.BMA 8.BABA 9.GGAL 10.EQX
2024-09-30	9	$206.8M	0	1QQQ 2AMZN 3ABX Top holdings2024-09-30 1.QQQ 2.AMZN 3.ABX 4.NEM 5.GOOG 6.TECK 7.BABA 8.EQX 9.GDXJ
2024-06-30	13	$313.7M	0	1AMZN 2TECK 3GOOG Top holdings2024-06-30 1.AMZN 2.TECK 3.GOOG 4.AVGO 5.TSM 6.JPM 7.SHEL 8.VIST 9.EQX 10.NEM
2024-03-31	13	$265.0M	0	1TECK 2NU 3GOOG Top holdings2024-03-31 1.TECK 2.NU 3.GOOG 4.AVGO 5.JPM 6.AMZN 7.ITUB 8.TSM 9.SHEL 10.PBR
2023-12-31	13	$269.4M	0	1PBR 2TECK 3JPM Top holdings2023-12-31 1.PBR 2.TECK 3.JPM 4.TSM 5.NU 6.GOOG 7.ITUB 8.SHEL 9.AVGO 10.BBD
2023-09-30	9	$228.0M	0	1SVXY 2SHEL 3NU Top holdings2023-09-30 1.SVXY 2.SHEL 3.NU 4.JPM 5.ITUB 6.TECK 7.USX1 8.BBD 9.L4135L
2023-06-30	7	$148.2M	0	1JPM 2ITUB 3NU Top holdings2023-06-30 1.JPM 2.ITUB 3.NU 4.L4135L 5.BBD 6.TECK 7.SHEL
2023-03-31	7	$91.5M	0	1JPM 2TECK3L4135L Top holdings2023-03-31 1.JPM 2.TECK 3.L4135L 4.SHEL 5.MOS 6.L00849 7.FXI
2022-12-31	8	$125.6M	0	1PBR 2MOS 3SHEL Top holdings2022-12-31 1.PBR 2.MOS 3.SHEL 4.TECK 5.LNG 6.L4135L 7.JPM 8.L00849
2022-09-30	5	$101.1M	0	1LNG 2MOS 3SHEL Top holdings2022-09-30 1.LNG 2.MOS 3.SHEL 4.TECK 5.JPM
2022-06-30	7	$77.9M	0	1SHEL 2LNG 3MOS Top holdings2022-06-30 1.SHEL 2.LNG 3.MOS 4.AR 5.TECK 6.JPM 7.HYG
2022-03-31	13	$376.2M	0	1PBR 2MOS 3VALE Top holdings2022-03-31 1.PBR 2.MOS 3.VALE 4.LNG 5.AVGO 6.MU 7.SHEL 8.CF 9.GS 10.ASML
2021-12-31	18	$260.5M	0	1AVGO 2GS 3RDS-A Top holdings2021-12-31 1.AVGO 2.GS 3.RDS-A 4.META 5.NVDA 6.MU 7.GOOG 8.CF 9.JPM 10.MS
2021-09-30	15	$220.5M	0	1AVGO 2RDS-A 3MA Top holdings2021-09-30 1.AVGO 2.RDS-A 3.MA 4.V 5.AMZN 6.GOOG 7.AAPL 8.MSFT 9.MU 10.JPM
2021-06-30	17	$317.1M	72	1GOOG 2AMZN 3MU Top holdings2021-06-30 1.GOOG 2.AMZN 3.MU 4.AAPL 5.AVGO 6.SVXY 7.MSFT 8.RDS-A 9.JPM 10.GS
2021-03-31	14	$179.8M	50	1MU 2JPM 3AVGO Top holdings2021-03-31 1.MU 2.JPM 3.AVGO 4.SVXY 5.GS 6.ENPH 7.MS 8.AMZN 9.GOOG 10.WMB
2020-12-31	13	$163.8M	100	1MU 2SVXY 3JPM Top holdings2020-12-31 1.MU 2.SVXY 3.JPM 4.AVGO 5.TLT 6.GS 7.MS 8.AMZN 9.TSM 10.GOOG
2020-09-30	10	$68.8M	100	1MU 2AMZN 3GOOG Top holdings2020-09-30 1.MU 2.AMZN 3.GOOG 4.JPM 5.NFLX 6.TSM 7.WMB 8.FRO 9.AEM 10.FNV
2020-06-30	9	$91.8M	83	1GLD 2SLV 3AMZN Top holdings2020-06-30 1.GLD 2.SLV 3.AMZN 4.MU 5.NFLX 6.GOOG 7.AEM 8.WMB 9.FNV
2020-03-31	14	$151.5M	100	1GLD 2AMZN 3BABA Top holdings2020-03-31 1.GLD 2.AMZN 3.BABA 4.GOOG 5.VXX 6.MU 7.AEM 8.NFLX 9.TSM 10.EEM
2019-12-31	9	$71.3M	0	1RSX1USD 2TUR 3PBR Top holdings2019-12-31 1.RSX1USD 2.TUR 3.PBR 4.SVXY 5.AMZN 6.GOOG 7.META 8.DIS 9.NFLX

Holding changes this quarter

Gemsstock Ltd.'s most significant position changes for 2026-03-31: Sold out: Ishares Semiconductor ETF (SOXX); Sold out: Invesco Qqq Trust Series 1 (QQQ); Sold out: Ishares Msci South Korea ETF (EWY); Sold out: Ishares Msci Emerging Market (EEM); New buy: Alphabet Inc-cl C (GOOG).

Position changes disclosed by Gemsstock Ltd. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	EQX	Equinox Gold CORP	+3.4%	+58.75%	Add
2	GPOR	Gulfport Energy CORP	+2.5%	+50.65%	Add
3	KSPI	Jsc Kaspi.kz Adr	+2.1%	+170.45%	Add
4	VIST	Vista Energy Sab De Cv	+1.6%	+9.34%	Add
5	TECK	Teck Resources Ltd-cls B	+0.6%	+51.92%	Add
6	EQT	Eqt CORP	+0.4%	+8.51%	Add
7	NEM	Newmont CORP	+0.4%	+20.26%	Add
8	AR	Antero Resources CORP	+0.3%	+4.49%	Add
9	ITUB	Itau Unibanco H-spon Prf Adr	+0.1%	+5.77%	Add
10	AMZN	Amazon.com INC	0%	+32.04%	Add
11	MELI	Mercadolibre INC	-0.2%	+27.41%	Add
12	JPM	Jpmorgan Chase & Co	-0.2%	+16.54%	Add
13	B	Barrick Mining CORP	-0.5%	+17.74%	Add
14	EXE	Expand Energy CORP	-0.5%	+9.34%	Add
15	CRK	Comstock Resources INC	-0.6%	-1.66%	Trim
16	SOXX	Ishares Semiconductor ETF	—	EXIT	Sold out
17	QQQ	Invesco Qqq Trust Series 1	—	EXIT	Sold out
18	EWY	Ishares Msci South Korea ETF	—	EXIT	Sold out
19	EEM	Ishares Msci Emerging Market	—	EXIT	Sold out
20	GOOG	Alphabet Inc-cl C	—	NEW	New buy
21	SMH	Vaneck Semiconductor ETF	—	EXIT	Sold out
22	MSFT	Microsoft CORP	—	EXIT	Sold out
23	UBS	UBS Group AG	—	NEW	New buy
24	GGAL	Grupo Financiero Galicia-adr	—	NEW	New buy
25	DB	Deutsche Bank Aktiengesellschaft	—	NEW	New buy
26	VALE	Vale Sa-sp Adr	—	NEW	New buy
27	NVDA	Nvidia CORP	—	NEW	New buy
28	CRM	Salesforce INC	—	NEW	New buy
29	NU	Nu Holdings Ltd.	—	NEW	New buy
30	GDX	Vaneck Gold Miners ETF	—	NEW	New buy
31	COPX	Global X Copper Miners ETF	—	NEW	New buy
32	GDXJ	Vaneck Junior Gold Miners	—	EXIT	Sold out
33	SLV	Ishares Silver Trust	—	NEW	New buy
34	EGO	Eldorado Gold CORP	—	NEW	New buy
35	TUR	Ishares Msci Turkey ETF	—	NEW	New buy

FAQ

What is Gemsstock Ltd. and what type of investor is it?

Gemsstock Ltd. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $948.8M, spread across 28 disclosed positions.

What are Gemsstock Ltd.'s largest equity positions?

Based on the latest 13F filing, Gemsstock Ltd.'s top holdings by market value are: 1. Equinox Gold CORP (EQX) — $119.8M (12.6%) 2. Gulfport Energy CORP (GPOR) — $107.5M (11.3%) 3. Amazon.com INC (AMZN) — $60.3M (6.3%) 4. Barrick Mining CORP (B) — $55.6M (5.9%) 5. Vista Energy Sab De Cv (VIST) — $50.6M (5.3%)

What changes did Gemsstock Ltd. make in its most recent portfolio filing?

In the latest reported quarter, Gemsstock Ltd. made 35 notable position adjustments: 13 new positions were initiated, 14 existing holdings were added to, 1 positions were partially reduced, and 7 were completely exited. The largest of these moves: Sold out: Ishares Semiconductor ETF (SOXX); Sold out: Invesco Qqq Trust Series 1 (QQQ); Sold out: Ishares Msci South Korea ETF (EWY); Sold out: Ishares Msci Emerging Market (EEM); New buy: Alphabet Inc-cl C (GOOG)

What sectors does Gemsstock Ltd. focus on?

Gemsstock Ltd. is concentrated in the following sectors based on its current disclosed equity portfolio: • Materials: 25.9% • Energy: 25.8% • Financials: 19.3% • Consumer Discretionary: 14.8% • Information Technology: 7.1% • Communication Services: 7.1%