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Asset Manager ← All Institutions

U S GLOBAL INVESTORS INC

7900 CALLAGHAN RD, SAN ANTONIO, TX 78229 • 2103081234

Q3 2025 · Filed 2025-10-21
Market Value
$861M
+3.3%
Holdings
137
-11
New Purchases
10
Added To
23
Closed
12
Reduced
41
Top 10 Concentration
53.0%
Turnover
16.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
OR 4.33% 1.77% +2.56% $37M
SSRM 1.18% 0.00% +1.18% $10M
GFI 1.35% 0.28% +1.06% $12M
BTG 1.20% 0.18% +1.01% $10M
KGC 1.20% 0.49% +0.72% $10M
NGD 0.83% 0.16% +0.67% $7M
ORLA 0.69% 0.03% +0.67% $6M
MTA 0.60% 0.00% +0.60% $5M
CDE 1.04% 0.49% +0.55% $9M
SVM 1.15% 0.61% +0.54% $10M
HL 0.84% 0.40% +0.45% $7M
AUGO 0.43% 0.00% +0.43% $4M
CMCL 0.42% 0.00% +0.42% $4M
OMAB 0.39% 0.00% +0.39% $3M
B 0.38% 0.00% +0.38% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAL 8.47% 10.39% -1.92% $73M
UAL 8.75% 10.53% -1.79% $75M
RGLD 0.05% 1.72% -1.67% $457K
DAL 8.97% 10.42% -1.45% $77M
SAND 0.00% 0.79% -0.79% $0
ALK 2.15% 2.84% -0.70% $18M
LUV 9.87% 10.34% -0.47% $85M
SKYW 2.51% 2.97% -0.46% $22M
ASM 0.00% 0.46% -0.46% $0
CGAU 0.00% 0.46% -0.46% $0
FSM 0.00% 0.43% -0.43% $0
SNCY 2.51% 2.93% -0.42% $22M
ULCC 2.34% 2.70% -0.36% $20M
BKNG 1.75% 2.10% -0.35% $15M
MAG 0.00% 0.32% -0.32% $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 9 $7M 0.8%
Large Cap 62 $465M 54.0%
Mid Cap 42 $251M 29.1%
Small Cap 17 $131M 15.2%
Micro Cap 7 $8M 0.9%

Portfolio Analytics

Avg Market Cap
$70.4B
Median Market Cap
$11.4B
Avg P/E
28.4
Median P/E
17.9
Avg Dividend Yield
0.02%
Avg Beta
0.98
# Stocks
134
# ETFs / Funds
3

Top Holdings (137 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 LUV 9.87% 2,663,281 $85M $31.91 -$1M +6,212 +0.2%
2 DAL 8.97% 1,361,033 $77M $56.75 -$10M -405,134 -22.9%
3 UAL 8.75% 780,183 $75M $96.50 -$13M -322,633 -29.3%
4 AAL 8.47% 6,485,318 $73M $11.24 -$14M -1,232,906 -16.0%
5 OR 4.33% 931,076 $37M $40.07 $23M +356,245 +62.0%
6 ALGT 2.69% 380,678 $23M $60.77 -$503K -49,475 -11.5%
7 JBLU 2.58% 4,509,132 $22M $4.92 $944K -512,287 -10.2%
8 SNCY 2.51% 1,828,219 $22M $11.81 -$3M -247,888 -11.9%
9 SKYW 2.51% 214,412 $22M $100.62 -$3M -25,991 -10.8%
10 ULCC 2.34% 4,563,345 $20M $4.41 -$2M -1,641,517 -26.5%
11 ALK 2.15% 371,365 $18M $49.78 -$5M -107,687 -22.5%
12 FNV 2.14% 82,537 $18M $222.91 $3M -10,768 -11.5%
13 WPM 1.93% 148,489 $17M $111.84 $4M +4,679 +3.2%
14 GD 1.88% 47,429 $16M $341.00 -$1M -12,320 -20.6%
15 TXT 1.87% 190,046 $16M $84.49 -$1M -22,748 -10.7%
16 SABR 1.85% 8,696,449 $16M $1.83 -$2M +3,049,688 +54.0%
17 EXPE 1.75% 70,627 $15M $213.75 -$978K -24,671 -25.9%
18 BKNG 1.75% 2,783 $15M $5,399.27 -$2M -235 -7.8%
19 BA 1.66% 66,274 $14M $215.83 -$2M -11,599 -14.9%
20 TRIP 1.65% 872,869 $14M $16.26 -$994K -290,869 -25.0%
21 GFI 1.35% 276,638 $12M $41.96 $9M +176,638 +176.6%
22 KGC 1.20% 417,334 $10M $24.85 $6M +157,334 +60.5%
23 BTG 1.20% 2,078,516 $10M $4.95 $9M +1,653,516 +389.1%
24 SSRM 1.18% 415,642 $10M $24.42 +415,642 NEW
25 SVM 1.15% 1,562,671 $10M $6.32 $5M +356,005 +29.5%
26 CDE 1.04% 479,000 $9M $18.76 $5M +15,000 +3.2%
27 AGI 1.01% 250,000 $9M $34.86 $2M
28 ERJ 0.93% 132,788 $8M $60.45 -$2M -42,252 -24.1%
29 RYAAY 0.91% 130,647 $8M $60.22 -$251K -10,136 -7.2%
30 TCOM 0.91% 104,516 $8M $75.20 -$41K -30,222 -22.4%
31 HL 0.84% 600,000 $7M $12.10 $4M +50,000 +9.1%
32 NGD 0.83% 998,054 $7M $7.18 $6M +723,054 +262.9%
33 VOXCF 0.78% 1,562,000 $7M $4.30 $2M -38,000 -2.4%
34 IAG 0.75% 500,000 $6M $12.93 $3M
35 TFPM.TO 0.73% 213,665 $6M $29.26 $1M +3,898 +1.9%
36 SBSW 0.71% 544,332 $6M $11.24 $2M -12,210 -2.2%
37 ORLA 0.69% 552,301 $6M $10.80 $6M +529,301 +2301.3%
38 DRD 0.67% 209,055 $6M $27.60 $2M -56,700 -21.3%
39 HMY 0.65% 306,797 $6M $18.15 $1M -1,163 -0.4%
40 MTA 0.60% 814,587 $5M $6.35 +814,587 NEW
41 AEM 0.59% 30,000 $5M $168.56 $121K -11,500 -27.7%
42 CPA 0.46% 33,364 $4M $118.82 -$464K -6,905 -17.1%
43 RACE 0.46% 8,165 $4M $485.22 $1M +2,680 +48.9%
44 AUGO 0.43% 100,000 $4M $37.21 +100,000 NEW
45 ASR 0.42% 11,315 $4M $323.33 -$576K -1,964 -14.8%
46 CMCL 0.42% 100,754 $4M $36.21 +100,754 NEW
47 MMYT 0.42% 38,882 $4M $93.60 -$497K -3,322 -7.9%
48 LTM 0.42% 80,184 $4M $45.25 -$721K -26,833 -25.1%
49 EXK 0.41% 452,500 $4M $7.83 $1M
50 OMAB 0.39% 32,234 $3M $103.87 +32,234 NEW
51 B 0.38% 100,000 $3M $32.77 +100,000 NEW
52 ARIS 0.34% 300,000 $3M $9.79 $1M +50,000 +20.0%
53 PAAS 0.33% 73,555 $3M $38.73 +73,555 NEW
54 EMX 0.30% 500,000 $3M $5.11 $1M
55 RCL 0.29% 7,835 $3M $323.58 $76K -20 -0.2%
56 CCL 0.20% 59,500 $2M $28.91 -$698K -26,500 -30.8%
57 NEM 0.20% 20,000 $2M $84.31 $521K
58 GS 0.19% 2,075 $2M $796.35 -$135K -450 -17.8%
59 NTR 0.17% 25,000 $1M $58.71 $12K
60 HBM 0.17% 95,000 $1M $15.16 $432K
61 LNG 0.16% 6,000 $1M $234.98 -$51K
62 TSLA 0.15% 2,840 $1M $444.72 -$1M -5,000 -63.8%
63 XOM 0.14% 10,500 $1M $112.75 $52K
64 NTRS 0.13% 8,550 $1M $134.60 -$174K -1,900 -18.2%
65 HLT 0.13% 4,400 $1M $259.44 -$230K -750 -14.6%
66 PPTA 0.12% 50,000 $1M $20.23 $404K
67 SA 0.11% 40,000 $966K $24.15 $385K
68 NCLH 0.11% 39,000 $961K $24.63 $474K +15,000 +62.5%
69 LTH 0.11% 33,600 $927K $27.60 -$92K
70 TTE 0.10% 15,000 $895K $59.69 -$26K
71 ODV 0.10% 250,000 $854K $3.42 $318K
72 SHEL 0.09% 11,000 $787K $71.53 $12K
73 TPR 0.09% 6,500 $736K $113.22 $165K
74 EL 0.08% 7,500 $661K $88.12 -$107K -2,000 -21.1%
75 TOL 0.07% 4,350 $601K $138.14 $104K
76 FCX 0.07% 15,000 $588K $39.22 -$62K
77 LULU 0.07% 3,200 $569K $177.93 -$191K
78 IE 0.06% 40,000 $502K $12.55 $139K
79 ZIM 0.06% 35,525 $481K $13.55 $88K +11,050 +45.1%
80 GEV 0.05% 750 $461K $614.90 -$597K -1,250 -62.5%
81 RGLD 0.05% 2,280 $457K $200.58 -$14M -78,559 -97.2%
82 BP 0.05% 12,000 $414K $34.46 $54K
83 CTVA 0.05% 6,000 $406K $67.63 -$41K
84 RRC 0.05% 10,500 $395K $37.64 -$32K
85 LIN 0.04% 800 $380K $475.00 $5K
86 ONON 0.04% 8,650 $366K $42.35 -$84K
87 TK 0.04% 44,216 $362K $8.18 $30K +4,060 +10.1%
88 ARLP 0.04% 14,000 $354K $25.29 -$12K
89 DVN 0.04% 10,000 $351K $35.06 $32K
90 IP 0.04% 7,500 $348K $46.40 -$3K
91 AR 0.04% 10,000 $336K $33.56 -$67K
92 WY 0.04% 13,000 $322K $24.79 -$12K
93 ICL 0.04% 49,300 $307K $6.22 -$33K
94 FDX 0.03% 1,248 $294K $235.81 $33K +98 +8.5%
95 EXPD 0.03% 2,344 $287K $122.59 $38K +165 +7.6%
96 ZTO 0.03% 14,764 $283K $19.20 $34K +716 +5.1%
97 UPS 0.03% 3,372 $282K $83.53 $32K +897 +36.2%
98 RIVN 0.03% 19,000 $279K $14.68 +19,000 NEW
99 SLI 0.03% 75,000 $253K $3.37 $106K
100 STZ 0.03% 1,800 $242K $134.67 -$50K

New Positions

SymbolValue% Port
SSRM $10M 1.18%
MTA $5M 0.60%
AUGO $4M 0.43%
CMCL $4M 0.42%
OMAB $3M 0.39%
B $3M 0.38%
PAAS $3M 0.33%
RIVN $279K 0.03%
CANG $212K 0.02%
CALI $57K 0.01%

Sold Out Positions

SymbolValue% Port
MATX —%
CGAU —%
TNK —%
FSM —%
WDS —%
AMZN —%
ASM —%
MSTZ —%
USAS —%
JMST —%
SAND —%
MAG —%
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