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Asset Manager ← All Institutions

SPROTT INC.

ROYAL BANK PLAZA, SOUTH TOWER 200 BAY STREET, SUITE 2600, TORONTO, A6 M5J 2J1 • 416-943-4065

Q3 2025 · Filed 2025-11-12
Market Value
$2.5B
+32.8%
Holdings
196
+3
New Purchases
18
Added To
69
Closed
18
Reduced
69
Top 10 Concentration
47.4%
Turnover
18.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CDE 6.95% 4.28% +2.67% $173M
EQX 4.81% 2.91% +1.90% $119M
NGD 1.23% 0.19% +1.04% $30M
BVN 1.03% 0.00% +1.03% $26M
IAG 3.80% 2.84% +0.97% $95M
B 0.82% 0.13% +0.69% $20M
EXK 1.43% 0.76% +0.67% $36M
SSRM 1.66% 1.11% +0.55% $41M
AG 1.00% 0.59% +0.41% $25M
THM 1.31% 0.91% +0.40% $32M
EMX 1.14% 0.76% +0.38% $28M
TFPM.TO 1.36% 0.98% +0.38% $34M
NEM 0.79% 0.44% +0.35% $20M
VNOM 0.32% 0.00% +0.32% $8M
METL 0.32% 0.00% +0.32% $8M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PAAS 2.33% 3.95% -1.63% $58M
BIL 2.89% 4.43% -1.54% $72M
SAND 0.77% 2.28% -1.52% $19M
MAG 0.00% 0.99% -0.99% $0
FUND 5.09% 6.03% -0.94% $126M
FNV 2.16% 2.73% -0.57% $54M
BRK-B 0.53% 0.96% -0.43% $13M
AGI 2.20% 2.62% -0.42% $55M
SII 5.51% 5.86% -0.35% $137M
NUE 1.08% 1.38% -0.30% $27M
XOM 1.07% 1.37% -0.30% $27M
USAS 0.00% 0.25% -0.25% $0
CALM 0.80% 1.05% -0.24% $20M
APAM 0.63% 0.86% -0.23% $16M
FHI 1.06% 1.29% -0.23% $26M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Basic Materials 53.8%
Financial Services 36.0%
Energy 7.2%
Consumer Cyclical 0.9%
Consumer Defensive 0.8%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 8 $44M 1.8%
Large Cap 62 $1.1B 42.8%
Mid Cap 65 $1.0B 42.2%
Small Cap 41 $308M 12.4%
Micro Cap 20 $21M 0.8%

Portfolio Analytics

Avg Market Cap
$79.3B
Median Market Cap
$4.6B
Avg P/E
34.4
Median P/E
17.5
Avg Dividend Yield
0.01%
Avg Beta
1.13
# Stocks
155
# ETFs / Funds
41

Top Holdings (196 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 CDE 6.95% 9,208,046 $173M $18.76 $93M +176,388 +1.9%
2 AEM 5.87% 865,979 $146M $168.48 $32M -91,474 -9.6%
3 SII 5.51% 1,645,582 $137M $83.19 $27M +59,101 +3.7%
4 WPM 5.19% 1,151,886 $129M $111.93 $28M +33,076 +3.0%
5 FUND 5.09% 15,219,058 $126M $8.31 $14M +139,731 +0.9%
6 EQX 4.81% 10,656,833 $119M $11.21 $65M +1,216,941 +12.9%
7 OR 4.61% 2,860,138 $115M $40.08 $25M -606,835 -17.5%
8 IAG 3.80% 7,313,344 $95M $12.93 $41M +91,615 +1.3%
9 BIL 2.89% 783,921 $72M $91.75 -$11M -120,537 -13.3%
10 PHYS 2.70% 2,265,812 $67M $29.62 $18M +323,383 +16.6%
11 KGC 2.42% 2,417,709 $60M $24.85 $18M -272,447 -10.1%
12 PAAS 2.33% 1,492,927 $58M $38.73 -$16M -1,111,948 -42.7%
13 EGO 2.23% 1,915,378 $55M $28.89 $18M +58,013 +3.1%
14 AGI 2.20% 1,567,982 $55M $34.86 $6M -279,779 -15.1%
15 FNV 2.16% 240,505 $54M $222.90 $3M -70,628 -22.7%
16 PPTA 1.91% 2,352,112 $48M $20.23 $14M -441,233 -15.8%
17 SSRM 1.66% 1,688,922 $41M $24.42 $20M +55,412 +3.4%
18 IAUX 1.64% 42,773,508 $41M $0.96 $15M +712,890 +1.7%
19 EXK 1.43% 4,544,570 $36M $7.84 $21M +1,647,781 +56.9%
20 TFPM.TO 1.36% 1,156,609 $34M $29.26 $15M +381,379 +49.2%
21 THM 1.31% 19,796,015 $32M $1.64 $15M +18,000 +0.1%
22 PSLV 1.24% 1,956,862 $31M $15.70 $8M +85,635 +4.6%
23 NGD 1.23% 4,244,795 $30M $7.18 $27M +3,533,035 +496.4%
24 EMX 1.14% 5,499,899 $28M $5.15 $14M -130,964 -2.3%
25 NUE 1.08% 198,541 $27M $135.43 $1M -734 -0.4%
26 XOM 1.07% 236,805 $27M $112.75 $1M -893 -0.4%
27 FHI 1.06% 507,225 $26M $51.93 $2M -36,950 -6.8%
28 BVN 1.03% 1,054,139 $26M $24.33 +1,054,139 NEW
29 AG 1.00% 2,036,679 $25M $12.26 $14M +695,391 +51.9%
30 SKE.TO 0.99% 1,330,589 $25M $18.43 $6M +188,366 +16.5%
31 CEF 0.98% 664,116 $24M $36.69 $4M -24,135 -3.5%
32 HP 0.86% 968,908 $21M $22.09 $7M -8,100 -0.8%
33 B 0.82% 624,005 $20M $32.83 $18M +505,887 +428.3%
34 CF 0.81% 224,333 $20M $89.70 $1M +20,473 +10.0%
35 CALM 0.80% 211,500 $20M $94.10 $334K +15,090 +7.7%
36 NEM 0.79% 234,072 $20M $84.31 $11M +92,126 +64.9%
37 SAND 0.77% 1,523,166 $19M $12.52 -$24M -3,020,638 -66.5%
38 SLS.TO 0.69% 2,710,627 $17M $6.37 $5M -52,827 -1.9%
39 APAM 0.63% 362,095 $16M $43.40 -$448K -2,500 -0.7%
40 ERO 0.63% 774,485 $16M $20.23 $3M +5,100 +0.7%
41 BRK-B 0.53% 26,237 $13M $502.74 -$5M -10,808 -29.2%
42 BKE 0.52% 220,000 $13M $58.66 $2M -20,000 -8.3%
43 ASA 0.52% 280,183 $13M $45.80 $4M
44 STLD 0.50% 89,992 $13M $139.43 $1M +1,492 +1.7%
45 RS 0.48% 42,592 $12M $280.83 -$771K +2,032 +5.0%
46 CRUS 0.48% 94,840 $12M $125.29 $2M
47 CCJ 0.46% 137,178 $12M $83.86 $2M +4,577 +3.5%
48 RGLD 0.45% 55,163 $11M $200.58 -$679K -10,872 -16.5%
49 WLK 0.40% 130,000 $10M $77.06 $527K +5,000 +4.0%
50 THO 0.40% 95,000 $10M $103.69 $1M
51 NFGC 0.38% 4,016,894 $10M $2.38 $4M +305,772 +8.2%
52 TPL 0.37% 9,787 $9M $933.65 $136K +1,266 +14.9%
53 SVM 0.33% 1,301,082 $8M $6.31 $3M +4,732 +0.4%
54 VNOM 0.32% 210,360 $8M $38.22 +210,360 NEW
55 METL 0.32% 363,470 $8M $22.03 +363,470 NEW
56 HL 0.32% 653,857 $8M $12.10 -$2M -1,017,302 -60.9%
57 UEC 0.32% 590,492 $8M $13.34 $2M -239,284 -28.8%
58 KW 0.28% 850,700 $7M $8.32 $1M -6,896 -0.8%
59 UROY 0.28% 1,629,077 $7M $4.30 $3M +54,600 +3.5%
60 FRPH 0.28% 284,340 $7M $24.36 -$719K
61 GBUG 0.27% 181,790 $7M $37.46 $2M -3,650 -2.0%
62 SLV 0.25% 146,894 $6M $42.37 $1M +1,266 +0.9%
63 PPLT 0.24% 41,779 $6M $142.88 $1M +4,988 +13.6%
64 SIL 0.22% 77,226 $6M $71.63 $2M +2,555 +3.4%
65 MMI 0.20% 170,000 $5M $29.35 -$231K
66 DC 0.20% 1,087,046 $5M $4.55 $1M +45,557 +4.4%
67 GDX 0.20% 64,457 $5M $76.40 $2M -100 -0.1%
68 MTA 0.19% 738,209 $5M $6.35 $2M +17,150 +2.4%
69 VSH 0.18% 300,000 $5M $15.30 -$174K
70 BTG 0.17% 868,857 $4M $4.95 $560K -167,433 -16.2%
71 VCSH 0.17% 53,700 $4M $79.93 $691K +8,400 +18.5%
72 LB 0.16% 74,363 $4M $53.35 -$446K +9,054 +13.9%
73 NXE 0.16% 437,427 $4M $8.95 $998K +18,187 +4.3%
74 NEWP 0.14% 1,296,531 $4M $2.70 $2M +13,947 +1.1%
75 MP 0.14% 50,183 $3M $67.07 $1M -10,772 -17.7%
76 GFI 0.13% 79,289 $3M $41.96 $2M +20,351 +34.5%
77 NTR 0.13% 54,044 $3M $58.71 -$184K -3,588 -6.2%
78 GBTC 0.12% 34,255 $3M $89.77 -$71K -2,830 -7.6%
79 GDXJ 0.12% 30,054 $3M $99.03 $2M +19,435 +183.0%
80 FSM 0.11% 304,946 $3M $8.96 -$3M -496,832 -62.0%
81 SGDJ 0.10% 36,272 $3M $71.79 $1M +7,155 +24.6%
82 SGDM 0.10% 39,420 $2M $62.00 $1M +15,990 +68.2%
83 DNN 0.09% 840,874 $2M $2.75 $859K +42,376 +5.3%
84 SILJ 0.09% 94,270 $2M $23.09 $1M +25,259 +36.6%
85 CTVA 0.08% 29,169 $2M $67.63 -$208K -95 -0.3%
86 SPPP 0.08% 142,067 $2M $13.58 $428K +14,100 +11.0%
87 SGML 0.07% 286,170 $2M $6.40 $491K -11,796 -4.0%
88 LGO.TO 0.07% 1,174,346 $2M $1.50 $400K +118,712 +11.2%
89 OUNZ 0.06% 43,363 $2M $37.19 $216K -435 -1.0%
90 SIVR 0.06% 36,248 $2M $44.48 $346K -544 -1.5%
91 SND 0.06% 750,000 $2M $2.14 $98K
92 URNM 0.06% 26,482 $2M $60.43 -$3K -6,967 -20.8%
93 TQQQ 0.06% 15,400 $2M $103.40 $314K
94 UUUU 0.06% 95,094 $1M $15.35 $806K -18,525 -16.3%
95 GLD 0.06% 4,007 $1M $355.47 $169K -110 -2.7%
96 LNG 0.06% 5,997 $1M $234.98 -$67K -63 -1.0%
97 COPX 0.06% 23,435 $1M $59.81 $842K +11,000 +88.5%
98 GROY 0.06% 360,475 $1M $3.86 $580K -6,565 -1.8%
99 SSO 0.06% 12,200 $1M $112.13 $176K
100 ASM 0.05% 256,320 $1M $5.25 $426K +920 +0.4%

New Positions

SymbolValue% Port
BVN $26M 1.03%
VNOM $8M 0.32%
METL $8M 0.32%
ALAB $1M 0.05%
BTU $796K 0.03%
CNQ $581K 0.02%
SLVR $397K 0.02%
HCC $330K 0.01%
IREN $282K 0.01%
CNR $214K 0.01%
COPP $211K 0.01%
KMI $203K 0.01%
IE $136K 0.01%
MSOS $129K 0.01%
VFF $94K —%

Sold Out Positions

SymbolValue% Port
AR —%
CVE —%
STNG —%
SMG —%
HAFN —%
INSW —%
CC —%
MSTR —%
INVZ —%
SHOP —%
QUIK —%
USAS —%
PROP —%
VUZI —%
SBSW —%
View SEC EDGAR Filings for SPROTT INC. →

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