Merk Investments LLC
CIK 0001302842
Annualised vol
8.196392%
Beta
0.038698
HHI
1753.671857
Top-10 weight
99.633295%
VaR 95%
0.721045%
VaR 99%
1.841746%
Max drawdown
17.369523%
Matched value
39.442432%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| EQX | UNCHANGED | 4,900,000 | 4,900,000 | 0.0% | 47,747,576 |
| NFGC | ADDED | 16,312,500 | 4,750,000 | 243.42% | 25,189,053 |
| VMET | UNCHANGED | 1,400,000 | 1,400,000 | 0.0% | 17,185,968 |
| AGI | UNCHANGED | 450,000 | 450,000 | 0.0% | 13,653,000 |
| AEM | UNCHANGED | 80,000 | 80,000 | 0.0% | 12,410,400 |
| BTG | UNCHANGED | 2,000,000 | 2,000,000 | 0.0% | 7,480,000 |
| OUNZ | REDUCED | 29,794 | 34,200 | -12.88% | 1,149,750 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | AMERICAS GOLD AND SILVER COR | COM NEW | 03062D803 | 91,545,806 | 29.2 | 1.9392E7 | |
| - | ORLA MNG LTD NEW | COM | 68634K106 | 68,530,000 | 21.86 | 7000000.0 | |
| EQX | UNCHANGED | EQUINOX GOLD CORP | COM | 29446Y502 | 47,747,576 | 15.23 | 4900000.0 |
| NFGC | ADDED | NEW FOUND GOLD CORP | COM | 64440N103 | 25,189,053 | 8.03 | 1.63125E7 |
| - | METALLA RTY & STREAMING LTD | COM NEW | 59124U605 | 22,830,000 | 7.28 | 3000000.0 | |
| VMET | UNCHANGED | VERSAMET ROYALTIES CORP | COM NEW | 92528V200 | 17,185,968 | 5.48 | 1400000.0 |
| AGI | UNCHANGED | ALAMOS GOLD INC | COM CL A | 011532108 | 13,653,000 | 4.35 | 450000.0 |
| AEM | UNCHANGED | AGNICO EAGLE MINES LTD | COM | 008474108 | 12,410,400 | 3.96 | 80000.0 |
| BTG | UNCHANGED | B2GOLD CORP | COM | 11777Q209 | 7,480,000 | 2.39 | 2000000.0 |
| - | INTEGRA RES CORP | COM | 45826T509 | 5,813,874 | 1.85 | 2562526.0 | |
| OUNZ | REDUCED | VANECK MERK GOLD ETF | GOLD SHS | 921078101 | 1,149,750 | 0.37 | 29794.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 313,535,427 | 11 | 8.196392 | 0.038698 | 17.369523 |
| 2026-03-31 | 2026-05-18 | 367,874,488 | 11 | 8.059619 | 0.038562 | 17.555345 |
| 2025-12-31 | 2026-02-13 | 360,686,468 | 10 | 8.026249 | 0.038217 | 18.226287 |
| 2025-09-30 | 2025-11-14 | 324,942,204 | 11 | 8.933436 | 0.041976 | 20.402019 |
| 2025-03-31 | 2025-05-16 | 183,432,930 | 10 | 8.525446 | 0.049718 | 17.71807 |
| 2024-12-31 | 2025-02-14 | 97,394,383 | 10 | 10.882058 | 0.062612 | 22.450059 |