Latest TSP Capital Management Group, LLC Stock Portfolio

TSP Capital Management Group, LLC Performance:

2025 Q4: 11.4%YTD: 51.41%2024: 8.87%

Performance for 2025 Q4 is 11.4%, and YTD is 51.41%, and 2024 is 8.87%.

About TSP Capital Management Group, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, TSP Capital Management Group, LLC reported an equity portfolio of $409.3 Millions as of 31 Dec, 2025.

The top stock holdings of TSP Capital Management Group, LLC are , TMQ, SLV. The fund has invested 7.5% of it's portfolio in NEW GOLD INC CDA and 7.1% of portfolio in TRILOGY METALS INC NEW.

The fund managers got completely rid off ASSERTIO HOLDINGS INC (ASRT) stocks. They significantly reduced their stock positions in PFIZER INC (PFE), BRISTOL-MYERS SQUIBB CO (BMY) and WESTERN UN CO (WU). TSP Capital Management Group, LLC opened new stock positions in AMERICAN WTR WKS CO INC NEW (AWK) and ASSERTIO HOLDINGS INC (ASRT). The fund showed a lot of confidence in some stocks as they added substantially to GLOBAL WTR RES INC (GWRS), MIDDLESEX WTR CO (MSEX) and CONAGRA BRANDS INC (CAG).

TSP Capital Management Group, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that TSP Capital Management Group, LLC made a return of 11.4% in the last quarter. In trailing 12 months, it's portfolio return was 51.41%.

Performance
S&P 500

New Buys

Ticker	$ Bought
american wtr wks co inc new	1,559,480
assertio holdings inc	227,257

New stocks bought by TSP Capital Management Group, LLC

Additions

Ticker	% Inc.
global wtr res inc	134
middlesex wtr co	57.75
conagra brands inc	33.17
stratasys ltd	15.23
adeia inc	0.87
trilogy metals inc new	0.24
duke energy corp new	0.04

Additions to existing portfolio by TSP Capital Management Group, LLC

Reductions

Ticker	% Reduced
pfizer inc	-35.37
bristol-myers squibb co	-29.11
western un co	-23.44
compania de minas buenaventu	-17.39
sibanye stillwater ltd	-13.8
new gold inc cda	-11.54
xperi inc	-8.2
warner bros discovery inc	-6.08

TSP Capital Management Group, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
assertio holdings inc	-279,104

TSP Capital Management Group, LLC got rid off the above stocks

Sector Distribution

TSP Capital Management Group, LLC has about 46.3% of it's holdings in Others sector.

Sector	%
Others	46.3
Basic Materials	18.5
Healthcare	10.7
Utilities	9.3
Industrials	5.6
Real Estate	4.8
Communication Services	2.3

Market Cap. Distribution

TSP Capital Management Group, LLC has about 19.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	46.3
SMALL-CAP	20.5
LARGE-CAP	19.3
MICRO-CAP	7.5
MID-CAP	5.4

Stocks belong to which Index?

About 44.7% of the stocks held by TSP Capital Management Group, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	55.3
RUSSELL 2000	24.9
S&P 500	19.8

Top 5 Winners (%)		%
TMQ	trilogy metals inc new	105.0 %
SLV	ishares silver tr	51.6 %
WBD	warner bros discovery inc	46.1 %
	nokia corp	34.5 %
FCX	freeport-mcmoran inc	29.4 %

Top 5 Winners ($)		$
TMQ	trilogy metals inc new	14.9 M
SLV	ishares silver tr	9.0 M
	new gold inc cda	5.7 M
SBSW	sibanye stillwater ltd	5.1 M
	nokia corp	4.1 M

Top 5 Losers (%)		%
NVAX	novavax inc	-22.4 %
	stratasys ltd	-21.3 %
	barings partn invs	-20.9 %
GWRS	global wtr res inc	-13.5 %
KRP	kimbell rty partners lp	-12.8 %

Top 5 Losers ($)		$
NVAX	novavax inc	-2.7 M
	stratasys ltd	-2.6 M
MLP	maui ld & pineapple inc	-1.9 M
	barings partn invs	-1.2 M
GWRS	global wtr res inc	-1.0 M

TSP Capital Management Group, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of TSP Capital Management Group, LLC

TSP Capital Management Group, LLC has 44 stocks in it's portfolio. About 53% of the portfolio is in top 10 stocks. NVAX proved to be the most loss making stock for the portfolio. TMQ was the most profitable stock for TSP Capital Management Group, LLC last quarter.

Last Reported on: 21 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AMX	america movil sab de cv	0.95	188,671	3,899,840	reduced	-2.41

ASRT	assertio holdings inc	0.06	25,056	227,257	new

ASRT	assertio holdings inc	0.00	0.00	0.00	sold off	-100

AWK	american wtr wks co inc new	0.38	11,950	1,559,480	new

BMY	bristol-myers squibb co	0.16	12,175	656,721	reduced	-29.11

BVN	compania de minas buenaventu	5.63	827,368	23,025,700	reduced	-17.39

CAG	conagra brands inc	0.06	13,650	236,282	added	33.17

CDE	coeur mng inc	1.84	422,875	7,539,860	reduced	-3.04

CIG	cia energetica de minas gera	4.42	9,052,890	18,105,800	reduced	-0.82

CLDX	celldex therapeutics inc new	2.49	375,127	10,188,400	reduced	-0.21

CSCO	cisco sys inc	0.21	11,300	870,440	reduced	-0.44

CTVA	corteva inc	3.46	211,592	14,183,000	reduced	-0.97

CWCO	consolidated water co inc	4.13	479,200	16,911,000	reduced	-1.14

DUK	duke energy corp new	0.50	17,614	2,064,510	added	0.04

ENB	enbridge inc	0.52	44,251	2,116,550	reduced	-0.22

FCX	freeport-mcmoran inc	2.65	213,925	10,865,300	reduced	-0.93

GLD	spdr gold tr	3.92	40,469	16,038,200	reduced	-1.46

GLW	corning inc	0.32	15,000	1,313,400	unchanged	0.00

GWRS	global wtr res inc	1.56	757,706	6,402,620	added	134

KRP	kimbell rty partners lp	0.20	67,850	797,917	unchanged	0.00