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Asset Manager ← All Institutions

U S GLOBAL INVESTORS INC

7900 CALLAGHAN RD, SAN ANTONIO, TX 78229 • 2103081234

Q2 2025 · Filed 2025-07-24
Market Value
$834M
+12.9%
Holdings
148
+2
New Purchases
19
Added To
48
Closed
21
Reduced
29
Top 10 Concentration
58.5%
Turnover
27.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
OR 1.77% 0.00% +1.77% $15M
ERJ 1.19% 0.45% +0.74% $10M
LTM 0.52% 0.00% +0.52% $4M
SBSW 0.48% 0.00% +0.48% $4M
ASM 0.46% 0.00% +0.46% $4M
SVM 0.61% 0.17% +0.44% $5M
ULCC 2.70% 2.29% +0.41% $23M
SABR 2.14% 1.74% +0.40% $18M
UAL 10.53% 10.21% +0.32% $88M
IAG 0.44% 0.17% +0.27% $4M
HMY 0.52% 0.30% +0.22% $4M
ARIS 0.20% 0.00% +0.20% $2M
MAG 0.32% 0.16% +0.16% $3M
NEM 0.14% 0.00% +0.14% $1M
DRD 0.42% 0.29% +0.13% $4M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
LUV 10.34% 12.11% -1.78% $86M
MMYT 0.50% 1.12% -0.62% $4M
NGD 0.16% 0.76% -0.60% $1M
EGO 0.00% 0.46% -0.46% $0
ORLA 0.03% 0.47% -0.44% $231K
MUX 0.00% 0.41% -0.41% $0
BA 1.96% 2.29% -0.33% $16M
KGC 0.49% 0.81% -0.33% $4M
TRIP 1.82% 2.14% -0.32% $15M
BVN 0.00% 0.31% -0.31% $0
SKYW 2.97% 3.19% -0.23% $25M
DAL 10.42% 10.63% -0.21% $87M
EXPE 1.93% 2.13% -0.20% $16M
CGAU 0.46% 0.66% -0.20% $4M
AXP 0.00% 0.19% -0.19% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Industrials 57.4%
Basic Materials 30.0%
Consumer Cyclical 9.6%
Energy 2.3%
Financial Services 0.4%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 12 $9M 1.1%
Large Cap 69 $471M 56.5%
Mid Cap 46 $215M 25.8%
Small Cap 16 $133M 15.9%
Micro Cap 5 $5M 0.6%

Portfolio Analytics

Avg Market Cap
$105.1B
Median Market Cap
$13.0B
Avg P/E
27.4
Median P/E
18.4
Avg Dividend Yield
0.02%
Avg Beta
1.00
# Stocks
145
# ETFs / Funds
3

Top Holdings (148 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 UAL 10.53% 1,102,816 $88M $79.63 $12M +10,378 +0.9%
2 DAL 10.42% 1,766,167 $87M $49.18 $8M -34,078 -1.9%
3 AAL 10.39% 7,718,224 $87M $11.22 $11M +536,978 +7.5%
4 LUV 10.34% 2,657,069 $86M $32.44 -$3M -7,441 -0.3%
5 SKYW 2.97% 240,403 $25M $102.97 $1M -29,671 -11.0%
6 SNCY 2.93% 2,076,107 $24M $11.75 $3M +354,569 +20.6%
7 ALK 2.84% 479,052 $24M $49.48 $3M +51,492 +12.0%
8 ALGT 2.84% 430,153 $24M $54.95 $2M +17,753 +4.3%
9 ULCC 2.70% 6,204,862 $23M $3.63 $6M +2,306,248 +59.2%
10 JBLU 2.55% 5,021,419 $21M $4.23 $2M +1,011,279 +25.2%
11 SABR 2.14% 5,646,761 $18M $3.16 $5M +1,067,750 +23.3%
12 BKNG 2.10% 3,018 $17M $5,789.24 $1M -537 -15.1%
13 GD 2.09% 59,749 $17M $291.66 $2M +1,969 +3.4%
14 TXT 2.05% 212,794 $17M $80.29 $2M +8,513 +4.2%
15 BA 1.96% 77,873 $16M $209.53 -$568K -21,131 -21.3%
16 EXPE 1.93% 95,298 $16M $168.68 $334K +1,659 +1.8%
17 FNV 1.83% 93,305 $15M $163.92 $2M +7,532 +8.8%
18 TRIP 1.82% 1,163,738 $15M $13.05 -$646K +46,363 +4.2%
19 OR 1.77% 574,831 $15M $25.71 +574,831 NEW
20 RGLD 1.72% 80,839 $14M $177.84 $2M +6,662 +9.0%
21 WPM 1.55% 143,810 $13M $89.80 $386K -17,568 -10.9%
22 ERJ 1.19% 175,040 $10M $56.91 $7M +102,901 +142.6%
23 RYAAY 0.97% 140,783 $8M $57.67 $1M -17,750 -11.2%
24 TCOM 0.95% 134,738 $8M $58.64 $208K +13,745 +11.4%
25 AGI 0.80% 250,000 $7M $26.56 -$312K -10,000 -3.9%
26 SAND 0.79% 699,747 $7M $9.40 -$20K -174,151 -19.9%
27 SVM 0.61% 1,206,666 $5M $4.22 $4M +886,666 +277.1%
28 VOXCF 0.61% 1,600,000 $5M $3.16 $384K
29 TFPM.TO 0.60% 209,767 $5M $23.69 $862K -4,704 -2.2%
30 AEM 0.59% 41,500 $5M $118.93 $1M +9,000 +27.7%
31 CPA 0.53% 40,269 $4M $109.97 $730K +268 +0.7%
32 LTM 0.52% 107,017 $4M $40.64 +107,017 NEW
33 HMY 0.52% 307,960 $4M $13.97 $2M +157,960 +105.3%
34 ASR 0.51% 13,279 $4M $318.87 $337K -954 -6.7%
35 MMYT 0.50% 42,204 $4M $98.02 -$4M -41,989 -49.9%
36 CDE 0.49% 464,000 $4M $8.86 $1M -17,000 -3.5%
37 KGC 0.49% 260,000 $4M $15.63 -$2M -217,042 -45.5%
38 SBSW 0.48% 556,542 $4M $7.22 +556,542 NEW
39 ASM 0.46% 1,065,432 $4M $3.60 +1,065,432 NEW
40 CGAU 0.46% 527,284 $4M $7.21 -$1M -237,002 -31.0%
41 IAG 0.44% 500,000 $4M $7.35 $2M +300,000 +150.0%
42 FSM 0.43% 553,143 $4M $6.54 $100K -23,571 -4.1%
43 DRD 0.42% 265,755 $4M $13.33 $1M +126,804 +91.3%
44 HL 0.40% 550,000 $3M $5.99 $514K +50,000 +10.0%
45 RACE 0.32% 5,485 $3M $490.74 -$83K -1,000 -15.4%
46 MAG 0.32% 125,000 $3M $21.13 $1M +50,000 +66.7%
47 TSLA 0.30% 7,840 $2M $317.66 $562K +400 +5.4%
48 RCL 0.30% 7,855 $2M $313.14 $1M +2,000 +34.2%
49 CCL 0.29% 86,000 $2M $28.12 $983K +12,500 +17.0%
50 GFI 0.28% 100,000 $2M $23.67 $931K +35,000 +53.9%
51 EXK 0.27% 452,500 $2M $4.93 $301K
52 GS 0.21% 2,525 $2M $707.75 $244K -300 -10.6%
53 ARIS 0.20% 250,000 $2M $6.74 +250,000 NEW
54 BTG 0.18% 425,000 $2M $3.61 $323K
55 LNG 0.18% 6,000 $1M $243.52 $304K +1,000 +20.0%
56 NTR 0.17% 25,000 $1M $58.24 $587K +7,500 +42.9%
57 HLT 0.16% 5,150 $1M $266.34 $200K
58 NGD 0.16% 275,000 $1M $4.95 -$4M -1,247,531 -81.9%
59 NTRS 0.16% 10,450 $1M $126.79 $146K -1,500 -12.6%
60 EMX 0.15% 500,000 $1M $2.54 -$768K -500,000 -50.0%
61 USAS 0.15% 1,500,000 $1M $0.81 $999K +1,100,000 +275.0%
62 NEM 0.14% 20,000 $1M $58.26 +20,000 NEW
63 XOM 0.14% 10,500 $1M $107.80 $299K +3,500 +50.0%
64 GEV 0.13% 2,000 $1M $529.15 +2,000 NEW
65 LTH 0.12% 33,600 $1M $30.33 +33,600 NEW
66 HBM 0.12% 95,000 $1M $10.61 $287K
67 TTE 0.11% 15,000 $921K $61.39 $662K +11,000 +275.0%
68 SHEL 0.09% 11,000 $775K $70.41 $408K +6,000 +120.0%
69 EL 0.09% 9,500 $768K $80.80 $42K -1,500 -13.6%
70 JMST 0.09% 15,000 $764K $50.92 -$238K -4,700 -23.9%
71 LULU 0.09% 3,200 $760K $237.58 +3,200 NEW
72 AMZN 0.08% 3,125 $686K $219.39 -$28K -625 -16.7%
73 FCX 0.08% 15,000 $650K $43.35 +15,000 NEW
74 PPTA 0.07% 50,000 $607K $12.14 $286K +20,000 +66.7%
75 SA 0.07% 40,000 $581K $14.52 $114K
76 TPR 0.07% 6,500 $571K $87.81 +6,500 NEW
77 ODV 0.06% 250,000 $537K $2.15 $388K +150,000 +150.0%
78 TOL 0.06% 4,350 $496K $114.13 $37K
79 NCLH 0.06% 24,000 $487K $20.28 $32K
80 ONON 0.05% 8,650 $450K $52.05 $215K +3,300 +61.7%
81 CTVA 0.05% 6,000 $447K $74.53 $70K
82 RRC 0.05% 10,500 $427K $40.67 $148K +3,500 +50.0%
83 AR 0.05% 10,000 $403K $40.28 $100K +2,500 +33.3%
84 ZIM 0.05% 24,475 $394K $16.09 $155K +8,097 +49.4%
85 LIN 0.05% 800 $375K $469.18 $3K
86 ARLP 0.04% 14,000 $366K $26.14 -$16K
87 IE 0.04% 40,000 $363K $9.07 $130K
88 BP 0.04% 12,000 $359K $29.93 $21K +2,000 +20.0%
89 IP 0.04% 7,500 $351K $46.83 -$49K
90 TECK 0.04% 8,500 $343K $40.38 $34K
91 ICL 0.04% 49,300 $339K $6.88 +49,300 NEW
92 WY 0.04% 13,000 $334K $25.69 -$47K
93 TK 0.04% 40,156 $331K $8.25 +40,156 NEW
94 DVN 0.04% 10,000 $318K $31.81 -$56K
95 STZ 0.04% 1,800 $293K $162.68 -$38K
96 FDX 0.03% 1,150 $261K $227.31 $63K +338 +41.6%
97 UPS 0.03% 2,475 $250K $100.94 $63K +774 +45.5%
98 ZTO 0.03% 14,048 $249K $17.75 $49K +3,947 +39.1%
99 EXPD 0.03% 2,179 $249K $114.25 $47K +496 +29.5%
100 WDS 0.03% 15,000 $231K $15.43 +15,000 NEW

New Positions

SymbolValue% Port
OR $15M 1.77%
LTM $4M 0.52%
SBSW $4M 0.48%
ASM $4M 0.46%
ARIS $2M 0.20%
NEM $1M 0.14%
GEV $1M 0.13%
LTH $1M 0.12%
LULU $760K 0.09%
FCX $650K 0.08%
TPR $571K 0.07%
ICL $339K 0.04%
TK $331K 0.04%
WDS $231K 0.03%
GSL $173K 0.02%

Sold Out Positions

SymbolValue% Port
AA —%
MUX —%
AXP —%
EGO —%
EOG —%
MTN —%
H —%
JPM —%
BVN —%
COP —%
INSW —%
NXE —%
NUE —%
AAPL —%
CG —%
View SEC EDGAR Filings for U S GLOBAL INVESTORS INC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms