Latest Merk Investments LLC Stock Portfolio
Merk Investments LLC Performance:
2025 Q4: 23.71%YTD: 156.83%2024: 25.19%
Performance for 2025 Q4 is 23.71%, and YTD is 156.83%, and 2024 is 25.19%.
About Merk Investments LLC and 13F Hedge Fund Stock Holdings
On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Merk Investments LLC reported an equity portfolio of $360.7 Millions as of 31 Dec, 2025.
The top stock holdings of Merk Investments LLC are USAS, ORLA, EQX. The fund has invested 33.2% of it's portfolio in AMERICAS GOLD AND SILVER COR and 23.1% of portfolio in ORLA MNG LTD NEW.
The fund managers got completely rid off GOLD FIELDS LTD-ADR (GFI) stocks. They significantly reduced their stock positions in AGNICO EAGLE MINES LTD (AEM), ALAMOS GOLD INC NEW (AGI) and INTEGRA RES CORP (ITRG). The fund showed a lot of confidence in some stocks as they added substantially to NEW FOUND GOLD CORP (NFGC).
The top stock holdings of Merk Investments LLC are USAS, ORLA, EQX. The fund has invested 33.2% of it's portfolio in AMERICAS GOLD AND SILVER COR and 23.1% of portfolio in ORLA MNG LTD NEW.
The fund managers got completely rid off GOLD FIELDS LTD-ADR (GFI) stocks. They significantly reduced their stock positions in AGNICO EAGLE MINES LTD (AEM), ALAMOS GOLD INC NEW (AGI) and INTEGRA RES CORP (ITRG). The fund showed a lot of confidence in some stocks as they added substantially to NEW FOUND GOLD CORP (NFGC).
Merk Investments LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Merk Investments LLC made a return of 23.71% in the last quarter. In trailing 12 months, it's portfolio return was 156.83%.
- Performance
- S&P 500
New Buys
Additions
| Ticker | % Inc. |
|---|---|
| new found gold corp | 102 |
Additions to existing portfolio by Merk Investments LLC
Reductions
| Ticker | % Reduced |
|---|---|
| agnico eagle mines ltd | -42.86 |
| alamos gold inc new | -40.00 |
| integra res corp | -35.94 |
| vaneck merk gold etf | -14.05 |
| americas gold and silver cor | -8.76 |
Merk Investments LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| gold fields ltd-adr | -10,490,000 |
Merk Investments LLC got rid off the above stocks
Sector Distribution
Merk Investments LLC has about 100% of it's holdings in Others sector.
- Others
| Sector | % |
|---|---|
| Others | 100 |
Market Cap. Distribution
Merk Investments LLC has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
- UNALLOCATED
| Category | % |
|---|---|
| UNALLOCATED | 100 |
Stocks belong to which Index?
About 0% of the stocks held by Merk Investments LLC either belong to S&P 500 or RUSSELL 2000 index.
- Others
| Index | % |
|---|---|
| Others | 100 |
| Top 5 Winners (%) | % | |
|---|---|---|
| USAS | 35.8 % | |
| ITRG | 29.5 % | |
| EQX | 25.5 % | |
| ORLA | 24.7 % | |
| MTA | 22.5 % | |
| Top 5 Winners ($) | $ | |
|---|---|---|
| USAS | 34.2 M | |
| ORLA | 16.6 M | |
| EQX | 14.0 M | |
| MTA | 4.3 M | |
| ITRG | 3.5 M | |
| Top 5 Losers (%) | % | |
|---|---|---|
| BTG | -8.9 % | |
| Top 5 Losers ($) | $ | |
|---|---|---|
| BTG | -0.9 M | |
Merk Investments LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Merk Investments LLC
Merk Investments LLC has 10 stocks in it's portfolio. BTG proved to be the most loss making stock for the portfolio. USAS was the most profitable stock for Merk Investments LLC last quarter.
Last Reported on: 13 Feb, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AEM | agnico eagle mines ltd | 3.76 | 80,000 | 13,562,400 | reduced | -42.86 | ||
| AGI | alamos gold inc new | 4.81 | 450,000 | 17,361,000 | reduced | -40.00 | ||
| BTG | b2gold corp | 2.50 | 2,000,000 | 9,020,000 | unchanged | 0.00 | ||
| EQX | equinox gold corp | 19.09 | 4,900,000 | 68,865,200 | unchanged | 0.00 | ||
| GFI | gold fields ltd-adr | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ITRG | integra res corp | 2.85 | 2,562,530 | 10,276,500 | reduced | -35.94 | ||
| MTA | metalla rty & streaming ltd | 6.47 | 3,000,000 | 23,340,000 | unchanged | 0.00 | ||
| NFGC | new found gold corp | 3.90 | 4,750,000 | 14,050,000 | added | 102 | ||
| ORLA | orla mng ltd new | 23.15 | 6,200,000 | 83,514,000 | unchanged | 0.00 | ||
| OUNZ | vaneck merk gold etf | 0.26 | 22,867 | 948,523 | reduced | -14.05 | ||
| USAS | americas gold and silver cor | 33.20 | 23,429,000 | 119,749,000 | reduced | -8.76 | ||