— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

TSP Capital Management Group, LLC

382 SPRINGFIELD AVENUE, SUITE 500, SUMMIT, NJ 07901 • 908-273-2105

Q4 2025 · Filed 2026-01-21
Market Value
$404M
+9.7%
Holdings
43
New Purchases
1
Added To
7
Closed
1
Reduced
30
Top 10 Concentration
54.2%
Turnover
4.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TMQ 7.18% 3.83% +3.35% $29M
SLV 6.46% 4.75% +1.72% $26M
NOK 3.95% 3.23% +0.72% $16M
GWRS 1.59% 0.90% +0.68% $6M
MSEX 2.35% 1.75% +0.60% $9M
WBD 2.23% 1.76% +0.46% $9M
FCX 2.69% 2.30% +0.39% $11M
AWK 0.39% 0.00% +0.39% $2M
NEM 2.63% 2.47% +0.16% $11M
MRK 0.98% 0.86% +0.12% $4M
CAG 0.06% 0.05% +0.01% $236K
GLD 3.97% 3.97% +0.01% $16M
CSCO 0.22% 0.21% +0.00% $870K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NVAX 2.31% 3.30% -0.98% $9M
MLP 4.61% 5.57% -0.96% $19M
BVN 5.70% 6.62% -0.92% $23M
CIG 4.48% 5.23% -0.75% $18M
XYL 2.95% 3.54% -0.58% $12M
SSYS 2.34% 2.87% -0.53% $9M
MPV 1.10% 1.56% -0.46% $4M
CWCO 4.19% 4.65% -0.46% $17M
CTVA 3.51% 3.93% -0.41% $14M
CDE 1.87% 2.22% -0.36% $8M
ADEA 4.31% 4.57% -0.26% $17M
WM 2.27% 2.52% -0.25% $9M
MNKD 4.16% 4.35% -0.19% $17M
WU 0.81% 1.00% -0.19% $3M
BGH 1.21% 1.39% -0.18% $5M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Basic Materials 33.9%
Utilities 16.9%
Technology 13.9%
Financial Services 13.8%
Healthcare 9.6%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 2 $5M 1.2%
Large Cap 17 $140M 34.7%
Mid Cap 10 $129M 32.0%
Small Cap 10 $114M 28.2%
Micro Cap 4 $16M 3.9%

Portfolio Analytics

Avg Market Cap
$52.5B
Median Market Cap
$7.2B
Avg P/E
28.2
Median P/E
20.7
Avg Dividend Yield
0.03%
Avg Beta
0.81
# Stocks
39
# ETFs / Funds
4

Top Holdings (43 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NGD 7.59% 3,517,626 $31M $8.71 $2M -459,000 -11.5%
2 TMQ 7.18% 6,731,000 $29M $4.31 $15M +16,000 +0.2%
3 SLV 6.46% 405,275 $26M $64.42 $9M -7,250 -1.8%
4 BVN 5.70% 827,368 $23M $27.83 -$1M -174,140 -17.4%
5 SBSW 5.53% 1,568,525 $22M $14.25 $2M -251,100 -13.8%
6 MLP 4.61% 1,098,441 $19M $16.94 -$2M -1,100 -0.1%
7 CIG 4.48% 9,052,892 $18M $2.00 -$1M -74,837 -0.8%
8 ADEA 4.31% 1,010,197 $17M $17.25 $601K +8,710 +0.9%
9 CWCO 4.19% 479,200 $17M $35.29 -$190K -5,525 -1.1%
10 MNKD 4.16% 2,963,175 $17M $5.67 $777K -20,800 -0.7%
11 GLD 3.97% 40,469 $16M $396.31 $1M -600 -1.5%
12 NOK 3.95% 2,466,592 $16M $6.47 $4M -7,000 -0.3%
13 CTVA 3.51% 211,592 $14M $67.03 -$267K -2,068 -1.0%
14 XYL 2.95% 87,610 $12M $136.18 -$1M -622 -0.7%
15 FCX 2.69% 213,925 $11M $50.79 $2M -2,000 -0.9%
16 NEM 2.63% 106,416 $11M $99.85 $2M -1,400 -1.3%
17 CLDX 2.52% 375,127 $10M $27.16 $463K -800 -0.2%
18 MSEX 2.35% 188,078 $9M $50.42 $3M +68,854 +57.8%
19 SSYS 2.34% 1,088,150 $9M $8.68 -$1M +143,800 +15.2%
20 NVAX 2.31% 1,389,065 $9M $6.72 -$3M -10,000 -0.7%
21 WM 2.27% 41,765 $9M $219.71 -$91K -200 -0.5%
22 WBD 2.23% 311,848 $9M $28.82 $3M -20,200 -6.1%
23 CDE 1.87% 422,875 $8M $17.83 -$642K -13,250 -3.0%
24 GWRS 1.59% 757,706 $6M $8.45 $3M +435,129 +134.9%
25 BGH 1.21% 324,754 $5M $15.01 -$226K -5,178 -1.6%
26 MPV 1.10% 280,095 $4M $15.89 -$1M -5,360 -1.9%
27 MRK 0.98% 37,594 $4M $105.26 $785K -200 -0.5%
28 WU 0.81% 353,075 $3M $9.31 -$398K -108,122 -23.4%
29 KYN 0.79% 257,725 $3M $12.38 -$61K -5,100 -1.9%
30 ENB 0.52% 44,251 $2M $47.83 -$121K -98 -0.2%
31 HPI 0.52% 129,360 $2M $16.19 -$185K -2,000 -1.5%
32 DUK 0.51% 17,614 $2M $117.21 -$114K +7 +0.0%
33 AWK 0.39% 11,950 $2M $130.50 +11,950 NEW
34 MCI 0.38% 85,435 $2M $18.15 -$227K -172 -0.2%
35 GLW 0.33% 15,000 $1M $87.56 $83K
36 CSCO 0.22% 11,300 $870K $77.03 $94K -50 -0.4%
37 KRP 0.20% 67,850 $798K $11.76 -$117K
38 PFE 0.18% 28,500 $710K $24.90 -$414K -15,600 -35.4%
39 PBI 0.16% 62,800 $664K $10.57 -$53K
40 BMY 0.16% 12,175 $657K $53.94 -$118K -5,000 -29.1%
41 WY 0.08% 13,111 $311K $23.69 -$14K
42 CAG 0.06% 13,650 $236K $17.31 $49K +3,400 +33.2%
43 ASRT —% -$279K -316,875 -100.0% SOLD

New Positions

SymbolValue% Port
AWK $2M 0.39%

Sold Out Positions

SymbolValue% Port
ASRT —%
View SEC EDGAR Filings for TSP Capital Management Group, LLC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

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