U S GLOBAL INVESTORS INC

Q4 2025 13F-HR Holdings

Location
San Antonio, TX
Holdings as of
12/31/2025
Date filed
1/28/2026
Form type
13F-HR
Num holdings
137
Total value ($000)
$933,957
Net value change ($000)
+48,154 (5.4%)
New positions
32
Sold out positions
36
Turnover %
10.4%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/21/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
RGLD 18,868 4128.7%
UAL 13,282 17.6%
AAL 12,491 17.1%
B 10,441 318.6%
CGAU 10,381 NEW
DAL 7,202 9.3%
USAS 7,076 327.4%
AAUC 5,565 NEW
GAU 5,548 NEW
FSM 5,499 NEW
Top Reduces (Value $000, Stocks/ETFs)
OR -30,296 -81.2%
FNV -17,339 -94.2%
WPM -16,254 -97.9%
BTG -10,289 -100.0%
SSRM -10,150 -100.0%
SVM -7,791 -78.9%
KGC -7,555 -72.8%
AGI -7,365 -84.5%
HL -7,260 -100.0%
ORLA -5,965 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type