Latest Kercheville Advisors, LLC Stock Portfolio

Kercheville Advisors, LLC Performance:

2025 Q4: -4.3%YTD: 17.54%2024: 25.37%

Performance for 2025 Q4 is -4.3%, and YTD is 17.54%, and 2024 is 25.37%.

About Kercheville Advisors, LLC and 13F Hedge Fund Stock Holdings

On 2026-01-29, the fund reported it's updated stock portfolio. In the 13F Holdings report, Kercheville Advisors, LLC reported an equity portfolio of $381.7 Millions as of 31 Dec, 2025.

The top stock holdings of Kercheville Advisors, LLC are , AMZN, NVDA. The fund has invested 5.9% of it's portfolio in AGNICO EAGLE MINES LTD and 5.9% of portfolio in AMAZON COM INC.

The fund managers got completely rid off HESS MIDSTREAM LP (HESM), GLOBAL X FDS (BITS) and LYFT INC (LYFT) stocks. They significantly reduced their stock positions in UPSTART HLDGS INC (UPST), INTUITIVE SURGICAL INC (ISRG) and SELECT SECTOR SPDR TR (XLB). Kercheville Advisors, LLC opened new stock positions in MICRON TECHNOLOGY INC (MU), SYNOPSYS INC (SNPS) and SPDR SERIES TRUST (BIL). The fund showed a lot of confidence in some stocks as they added substantially to NETFLIX INC (NFLX), USA RARE EARTH INC and ALIBABA GROUP HLDG LTD (BABA).

Kercheville Advisors, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Kercheville Advisors, LLC made a return of -4.3% in the last quarter. In trailing 12 months, it's portfolio return was 17.54%.

Performance
S&P 500

New Buys

Ticker	$ Bought
micron technology inc	3,180,640
synopsys inc	2,537,760
spdr series trust	2,331,470
cava group inc	1,824,080
slb limited	1,676,880
enterprise prods partners l	1,350,830
pimco etf tr	1,248,740
viking holdings ltd	766,590

New stocks bought by Kercheville Advisors, LLC

Additions

Ticker	% Inc.
netflix inc	816
usa rare earth inc	272
alibaba group hldg ltd	193
ishares bitcoin trust etf	141
aerovironment inc	138
southwest airls co	111
eli lilly & co	98.32
baidu inc	81.84

Additions to existing portfolio by Kercheville Advisors, LLC

Reductions

Ticker	% Reduced
upstart hldgs inc	-66.67
intuitive surgical inc	-51.94
select sector spdr tr	-47.56
at&t inc	-47.24
energy transfer l p	-46.95
crowdstrike hldgs inc	-46.67
blackstone inc	-37.99
kinross gold corp	-31.81

Kercheville Advisors, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
hess midstream lp	-5,365,750
genius sports limited	-749,609
fs credit opportunities corp	-329,596
lyft inc	-836,380
carnival corp	-751,660
global x fds	-899,072
america movil sab de cv	-210,000
equinox gold corp	-112,061

Kercheville Advisors, LLC got rid off the above stocks

Sector Distribution

Kercheville Advisors, LLC has about 27.8% of it's holdings in Others sector.

Sector	%
Others	27.8
Technology	18.7
Communication Services	13.4
Consumer Cyclical	10.1
Energy	8.7
Consumer Defensive	8.6
Industrials	5.7
Financial Services	3.7
Healthcare	2.5

Market Cap. Distribution

Kercheville Advisors, LLC has about 59.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	44.8
UNALLOCATED	27.8
LARGE-CAP	15
MID-CAP	11.1
SMALL-CAP	1.3

Stocks belong to which Index?

About 59.5% of the stocks held by Kercheville Advisors, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	54.3
Others	40.5
RUSSELL 2000	5.2

Top 5 Winners (%)		%
IBRX	immunitybio inc	168.7 %
SLV	ishares silver tr	102.9 %
BE	bloom energy corp	51.7 %
AMD	advanced micro devices inc	50.5 %
IE	ivanhoe electric inc	50.5 %

Top 5 Winners ($)		$
GOOG	alphabet inc	5.1 M
	agnico eagle mines ltd	4.8 M
AFK	vaneck etf trust	4.5 M
AFK	vaneck etf trust	4.3 M
GOOG	alphabet inc	2.8 M

Top 5 Losers (%)		%
NFLX	netflix inc	-88.1 %
XLB	select sector spdr tr	-38.9 %
	ishares bitcoin trust etf	-16.7 %
GRMN	garmin ltd	-16.3 %
UBER	uber technologies inc	-15.2 %

Top 5 Losers ($)		$
NFLX	netflix inc	-56.3 M
META	meta platforms inc	-1.8 M
MSFT	microsoft corp	-1.3 M
XLB	select sector spdr tr	-0.8 M
BX	blackstone inc	-0.7 M

Kercheville Advisors, LLC Holdings Map

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

Current Stock Holdings of Kercheville Advisors, LLC

Kercheville Advisors, LLC has 117 stocks in it's portfolio. About 44.6% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Kercheville Advisors, LLC last quarter.

Last Reported on: 29 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.59	70,547	17,520,300	reduced	-0.69

ABBV	abbvie inc	0.08	1,463	319,192	added	0.07

ACES	alps etf tr	0.10	7,820	384,588	reduced	-5.21

ACWV	ishares inc	0.06	1,950	226,181	new

AFK	vaneck etf trust	4.02	145,722	15,325,500	reduced	-12.94

AFK	vaneck etf trust	3.42	91,891	13,056,700	reduced	-13.75

AFLG	first tr exchng traded fd vi	0.06	5,700	248,320	new

AKAM	akamai technologies inc	0.12	4,650	451,190	unchanged	0.00

ALG	alamo group inc	0.30	6,000	1,156,680	unchanged	0.00

AMD	advanced micro devices inc	1.38	20,760	5,267,440	added	17.22

AMX	america movil sab de cv	0.00	0.00	0.00	sold off	-100

AMZN	amazon com inc	5.89	95,901	22,473,500	added	2.07

APH	amphenol corp new	0.12	3,000	457,500	new

AVAV	aerovironment inc	0.32	3,875	1,209,460	added	138

AVGO	broadcom inc	0.19	2,190	712,823	added	9.34

BA	boeing co	0.40	6,079	1,528,240	reduced	-14.91

BABA	alibaba group hldg ltd	1.00	21,506	3,810,400	added	193

BAC	bank america corp	0.00	0.00	0.00	sold off	-100

BE	bloom energy corp	1.84	48,215	7,021,550	added	59.65

BIL	spdr series trust	0.61	17,720	2,331,470	new