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Kercheville Advisors, LLC

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$312.7M

Reporting period: 2026-03-31 · Number of holdings: 106

Kercheville Advisors, LLC disclosed 106 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $312.7M and a quarterly turnover rate of 30.6%.

Personality snowflake

Concentration
12.74
Portfolio Stability
30.64
Momentum/Contrarian
100
Sector conviction
59.97
Diversification
100
Sizing Uniformity
84.51

Recent moves

  • Trim CELH

    -27.6%　-$7.2M

  • Trim SOFI

    -94.1%　-$5.3M

  • Add XOM

    +1.1%　$2.3M

  • Add SUN

    +0.0%　$1.2M

  • Add COST

    +2.3%　$526.8K

  • Trim SLV

    -62.0%　-$3.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1AEMAgnico Eagle Mines LTDStock-Materials6.72%+0.80%-2.14%
2NVDANvidia CORPStock-Tech6.37%+0.75%-1.55%
3AMZNAmazon.com INCStock-Consumer Disc6.09%+0.20%-4.64%
4AAPLApple INCStock-Tech5.69%—-0.58%
5GOOGAlphabet Inc-cl CStock-Comm Services5.00%-0.06%-6.56%
6COSTCostco Wholesale CORPStock-Consumer Staples3.98%+0.86%+2.30%
7GDXVaneck Gold Miners ETFETF-Commodities3.81%-0.20%-10.92%
8XOMExxon Mobil CORPStock-Energy3.38%+1.22%+1.11%
9GDXJVaneck Junior Gold MinersETF-Commodities3.28%-0.14%-7.10%
10METAMeta Platforms Inc-class AStock-Comm Services3.21%-0.27%-14.45%
11SUNSunoco LPStock-Other3.20%+0.90%+0.00%
12NFLXNetflix INCStock-Comm Services2.60%+0.61%-7.37%
13WMTWalmart INCStock-Consumer Staples2.53%+0.64%+3.78%
14GOOGLAlphabet Inc-cl AStock-Comm Services2.49%-0.23%-13.86%
15MPLXMplx LPStock-Energy2.47%—+3.05%
16GEVGE Vernova INCStock-Industrials2.13%+0.76%-3.41%
17CELHCelsius Holdings INCStock-Consumer Staples2.01%-1.52%-27.58%
18TSLATesla INCStock-Consumer Disc1.88%-0.28%-13.89%
19MSFTMicrosoft CORPStock-Tech1.77%-0.26%-12.98%
20IBRXImmunitybio INCStock-Healthcare1.58%+0.46%+10.09%
21CCJCameco CORPStock-Energy1.50%-0.10%-13.61%
22BEBloom Energy Corp- AStock-Industrials1.38%-0.46%-33.93%
23MUMicron Technology INCStock-Tech1.33%+0.51%+54.44%
24AMDAdvanced Micro DevicesStock-Tech1.18%-0.20%-12.69%
25PLTRPalantir Technologies Inc-aStock-Tech1.16%-0.32%-26.96%
26EPDEnterprise Products PartnersStock-Energy1.13%+0.78%+129.29%
27AGIAlamos Gold Inc-class AStock-Materials1.09%—-9.59%
28LUVSouthwest Airlines CoStock-Industrials1.08%-0.36%-30.38%
29GLDSpdr Gold SharesETF-Commodities1.05%—-1.04%
30BXBlackstone INCStock-Financials1.04%-0.33%-16.81%
31SBUXStarbucks CORPStock-Consumer Disc0.95%—-1.48%
32UBERUber Technologies INCStock-Industrials0.83%-0.04%-9.86%
33BRK-BBerkshire Hathaway Inc-cl BStock-Other0.72%—-3.08%
34CATCaterpillar INCStock-Industrials0.65%—-0.35%
35SNPSSynopsys INCStock-Tech0.63%-0.03%—
36CVXChevron CORPStock-Energy0.61%—+3.85%
37LLYEli Lilly & CoStock-Healthcare0.60%-0.48%-45.76%
38UTGReaves Utility Income FundStock-Other0.60%—-0.72%
39XNEAXNuveen Amt-fr Qlty Muni INCStock-Other0.52%—+3.27%
40MCDMcdonald's CORPStock-Consumer Disc0.51%—-0.47%
41ETEnergy Transfer LPStock-Energy0.48%—+21.07%
42SLVIshares Silver TrustETF-Commodities0.48%-0.83%-62.04%
43PYLDPimco Multisector Bond ActvETF-Other0.47%—+20.98%
44DEDeere & CoStock-Industrials0.41%—+10.78%
45TYGTortoise Energy InfrastructStock-Other0.37%—+8.23%
46SLBSlb LTDStock-Energy0.35%-0.09%-37.06%
47NADNuveen Quality Municipal INCStock-Other0.34%—-0.44%
48HDHome Depot INCStock-Consumer Disc0.33%——
49CSCOCisco Systems INCStock-Tech0.32%—-7.29%
50ALGAlamo Group INCStock-Other0.31%—-1.67%
1–50 of 106

Holding changes this quarter

Kercheville Advisors, LLC's most significant position changes for 2026-03-31: Sold out: Alibaba Group Holding-sp Adr (BABA); Sold out: Baidu INC - Spon Adr (BIDU); Sold out: Ivanhoe Electric INC / US (IE); Sold out: Ishares Bitcoin Trust ETF (IBIT); Sold out: Jpmorgan Chase & Co (JPM).

Position changes disclosed by Kercheville Advisors, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1XOMExxon Mobil CORP+1.2%+1.11%Add
2SUNSunoco LP+0.9%+0.00%Add
3COSTCostco Wholesale CORP+0.9%+2.30%Add
4AEMAgnico Eagle Mines LTD+0.8%-2.14%Trim
5EPDEnterprise Products Partners+0.8%+129.29%Add
6GEVGE Vernova INC+0.8%-3.41%Trim
7NVDANvidia CORP+0.8%-1.55%Trim
8WMTWalmart INC+0.6%+3.78%Add
9NFLXNetflix INC+0.6%-7.37%Trim
10MUMicron Technology INC+0.5%+54.44%Add
11IBRXImmunitybio INC+0.5%+10.09%Add
12AMZNAmazon.com INC+0.2%-4.64%Trim
13SNPSSynopsys INC0%—Unchanged
14UBERUber Technologies INC0%-9.86%Trim
15GOOGAlphabet Inc-cl C-0.1%-6.56%Trim
16SLBSlb LTD-0.1%-37.06%Trim
17CCJCameco CORP-0.1%-13.61%Trim
18LVSLas Vegas Sands CORP-0.1%-32.93%Trim
19GDXJVaneck Junior Gold Miners-0.1%-7.10%Trim
20GDXVaneck Gold Miners ETF-0.2%-10.92%Trim
21AMDAdvanced Micro Devices-0.2%-12.69%Trim
22AVAVAerovironment INC-0.2%-52.26%Trim
23BABoeing Co/the-0.2%-54.53%Trim
24GOOGLAlphabet Inc-cl A-0.2%-13.86%Trim
25MSFTMicrosoft CORP-0.3%-12.98%Trim
26METAMeta Platforms Inc-class A-0.3%-14.45%Trim
27TSLATesla INC-0.3%-13.89%Trim
28PLTRPalantir Technologies Inc-a-0.3%-26.96%Trim
29BXBlackstone INC-0.3%-16.81%Trim
30LUVSouthwest Airlines Co-0.4%-30.38%Trim
31UECUranium Energy CORP-0.4%-49.92%Trim
32XBISs Spdr S&p Biotech ETF-0.4%-66.87%Trim
33BEBloom Energy Corp- A-0.5%-33.93%Trim
34LLYEli Lilly & Co-0.5%-45.76%Trim
35SLVIshares Silver Trust-0.8%-62.04%Trim
36SOFISofi Technologies INC-1.4%-94.15%Trim
37CELHCelsius Holdings INC-1.5%-27.58%Trim
38BABAAlibaba Group Holding-sp Adr—EXITSold out
39BIDUBaidu INC - Spon Adr—EXITSold out
40IEIvanhoe Electric INC / US—EXITSold out
41IBITIshares Bitcoin Trust ETF—EXITSold out
42JPMJpmorgan Chase & Co—EXITSold out
43CAVACava Group INC—EXITSold out
44USARUSA Rare Earth INC—EXITSold out
45FANGDiamondback Energy INC—NEWNew buy
46VIKViking Holdings Ltd—EXITSold out
47TSMTaiwan Semiconductor-sp Adr—EXITSold out
48HALHalliburton Co—NEWNew buy
49FTAIFTAI Aviation Ltd.—EXITSold out
50CCitigroup INC—EXITSold out

FAQ

What is Kercheville Advisors, LLC and what type of investor is it?
Kercheville Advisors, LLC 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 $312.7M, spread across 106 disclosed positions.
What are Kercheville Advisors, LLC's largest equity positions?
Based on the latest 13F filing, Kercheville Advisors, LLC's top holdings by market value are: 1. Agnico Eagle Mines LTD (AEM) — $21.0M (6.7%) 2. Nvidia CORP (NVDA) — $19.9M (6.4%) 3. Amazon.com INC (AMZN) — $19.0M (6.1%) 4. Apple INC (AAPL) — $17.8M (5.7%) 5. Alphabet Inc-cl C (GOOG) — $15.6M (5.0%)
What changes did Kercheville Advisors, LLC make in its most recent portfolio filing?
In the latest reported quarter, Kercheville Advisors, LLC made 49 notable position adjustments: 2 new positions were initiated, 7 existing holdings were added to, 29 positions were partially reduced, and 11 were completely exited. The largest of these moves: Sold out: Alibaba Group Holding-sp Adr (BABA); Sold out: Baidu INC - Spon Adr (BIDU); Sold out: Ivanhoe Electric INC / US (IE); Sold out: Ishares Bitcoin Trust ETF (IBIT); Sold out: Jpmorgan Chase & Co (JPM)
What sectors does Kercheville Advisors, LLC focus on?
Kercheville Advisors, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 31.2% • Communication Services: 22.6% • Consumer Discretionary: 16.3% • Consumer Staples: 10.8% • Industrials: 9.1% • Energy: 6.8%