Kercheville Advisors, LLC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| NVIDIA CORPORATION(NVDA) | 81,379 | 113,306 | +31,927 | 12,857,120 | 21,140,702 | 6.39% | +8,283,582 |
| AGNICO EAGLE MINES LTD(AEM) | 111,590 | 108,538 | -3,052 | 13,271,441 | 18,295,149 | 5.53% | +5,023,708 |
| SOFI TECHNOLOGIES INC(SOFI) | 162,400 | 262,790 | +100,390 | 2,957,304 | 6,942,912 | 2.10% | +3,985,608 |
| ALPHABET INC(GOOG) | 58,504 | 57,864 | -640 | 10,377,949 | 14,092,679 | 4.26% | +3,714,730 |
| APPLE INC(AAPL) | 71,656 | 71,036 | -620 | 14,701,570 | 18,087,968 | 5.47% | +3,386,398 |
| CELSIUS HLDGS INC(CELH) | 203,273 | 222,793 | +19,520 | 9,429,834 | 12,808,370 | 3.87% | +3,378,536 |
| VANECK ETF TRUST | 181,090 | 167,389 | -13,701 | 9,427,555 | 12,788,505 | 3.86% | +3,360,950 |
| VANECK ETF TRUST | 109,392 | 106,541 | -2,851 | 7,393,828 | 10,550,718 | 3.19% | +3,156,890 |
| BLOOM ENERGY CORP | 0 | 30,200 | +30,200 | 0 | 2,554,014 | 0.77% | +2,554,014 |
| GE VERNOVA INC(GEV) | 1,450 | 4,905 | +3,455 | 767,268 | 3,016,085 | 0.91% | +2,248,817 |
| ALPHABET INC(GOOG) | 33,773 | 32,623 | -1,150 | 5,951,766 | 7,930,647 | 2.40% | +1,978,881 |
| PALANTIR TECHNOLOGIES INC(PLTR) | 23,590 | 28,065 | +4,475 | 3,215,789 | 5,119,617 | 1.55% | +1,903,828 |
| BLACKSTONE INC(BX) | 52,380 | 54,590 | +2,210 | 7,835,024 | 9,326,728 | 2.82% | +1,491,704 |
| CHEVRON CORP NEW(CVX) | 0 | 9,551 | +9,551 | 0 | 1,483,175 | 0.45% | +1,483,175 |
| BAIDU INC | 0 | 10,050 | +10,050 | 0 | 1,324,289 | 0.40% | +1,324,289 |
| LAS VEGAS SANDS CORP(LVS) | 0 | 22,132 | +22,132 | 0 | 1,190,492 | 0.36% | +1,190,492 |
| TESLA INC(TSLA) | 18,397 | 15,750 | -2,647 | 5,843,991 | 7,004,340 | 2.12% | +1,160,349 |
| ADVANCED MICRO DEVICES INC(AMD) | 12,350 | 17,710 | +5,360 | 1,752,465 | 2,865,301 | 0.87% | +1,112,836 |
| IMMUNITYBIO INC(IBRX) | 100,500 | 519,100 | +418,600 | 265,320 | 1,276,986 | 0.39% | +1,011,666 |
| CAMECO CORP(CCJ) | 38,137 | 44,737 | +6,600 | 2,830,934 | 3,751,673 | 1.13% | +920,739 |
| URANIUM ENERGY CORP(UEC) | 0 | 68,900 | +68,900 | 0 | 919,126 | 0.28% | +919,126 |
| IVANHOE ELECTRIC INC(IE) | 69,950 | 122,950 | +53,000 | 634,447 | 1,543,023 | 0.47% | +908,576 |
| ISHARES SILVER TR(SLV) | 51,200 | 60,700 | +9,500 | 1,679,872 | 2,571,859 | 0.78% | +891,987 |
| LYFT INC(LYFT) | 0 | 38,000 | +38,000 | 0 | 836,380 | 0.25% | +836,380 |
| GENIUS SPORTS LIMITED | 0 | 60,550 | +60,550 | 0 | 749,609 | 0.23% | +749,609 |
| ISHARES BITCOIN TRUST ETF(IBIT) | 5,725 | 16,853 | +11,128 | 350,427 | 1,095,445 | 0.33% | +745,018 |
| WALMART INC(WMT) | 52,139 | 55,991 | +3,852 | 5,098,107 | 5,770,433 | 1.74% | +672,326 |
| GLOBAL X FDS | 4,700 | 12,800 | +8,100 | 283,175 | 899,072 | 0.27% | +615,897 |
| ALIBABA GROUP HLDG LTD(BABA) | 6,176 | 7,316 | +1,140 | 700,427 | 1,307,550 | 0.40% | +607,123 |
| KINROSS GOLD CORP(KGC) | 0 | 19,650 | +19,650 | 0 | 488,303 | 0.15% | +488,303 |
| ISHARES TR | 0 | 9,000 | +9,000 | 0 | 480,600 | 0.15% | +480,600 |
| REAVES UTIL INCOME FD(UTG) | 34,770 | 42,979 | +8,209 | 1,257,991 | 1,702,809 | 0.51% | +444,818 |
| SPDR GOLD TR(GLD) | 6,879 | 6,854 | -25 | 2,096,926 | 2,436,391 | 0.74% | +339,465 |
| AMAZON COM INC(AMZN) | 92,529 | 93,959 | +1,430 | 20,300,001 | 20,630,632 | 6.23% | +330,631 |
| SNOWFLAKE INC(SNOW) | 0 | 1,425 | +1,425 | 0 | 321,409 | 0.10% | +321,409 |
| ALAMOS GOLD INC NEW | 97,701 | 83,251 | -14,450 | 2,593,784 | 2,902,876 | 0.88% | +309,092 |
| EXXON MOBIL CORP | 59,243 | 59,118 | -125 | 6,386,354 | 6,665,603 | 2.01% | +279,249 |
| AEROVIRONMENT INC | 850 | 1,625 | +775 | 242,208 | 511,696 | 0.15% | +269,488 |
| CATERPILLAR INC(CAT) | 2,865 | 2,865 | 0 | 1,112,222 | 1,367,035 | 0.41% | +254,813 |
| ROBINHOOD MKTS INC(HOOD) | 0 | 1,756 | +1,756 | 0 | 251,424 | 0.08% | +251,424 |
| SHOPIFY INC(SHOP) | 7,605 | 7,555 | -50 | 877,237 | 1,122,749 | 0.34% | +245,512 |
| META PLATFORMS INC(META) | 19,467 | 19,872 | +405 | 14,368,468 | 14,593,690 | 4.41% | +225,222 |
| SELECT SECTOR SPDR TR | 23,741 | 24,791 | +1,050 | 1,938,688 | 2,162,021 | 0.65% | +223,333 |
| MP MATERIALS CORP(MP) | 0 | 3,300 | +3,300 | 0 | 221,331 | 0.07% | +221,331 |
| AMERICA MOVIL SAB DE CV(AMX) | 0 | 10,000 | +10,000 | 0 | 210,000 | 0.06% | +210,000 |
| PIMCO MUN INCOME FD II | 0 | 26,422 | +26,422 | 0 | 208,998 | 0.06% | +208,998 |
| SOUTHWEST AIRLS CO(LUV) | 54,854 | 61,174 | +6,320 | 1,779,453 | 1,952,052 | 0.59% | +172,599 |
| USA RARE EARTH INC(USAR) | 0 | 10,000 | +10,000 | 0 | 171,900 | 0.05% | +171,900 |
| HOME DEPOT INC(HD) | 3,281 | 3,281 | 0 | 1,202,946 | 1,329,428 | 0.40% | +126,482 |
| NUVEEN NEW YORK AMT QLT MUNI(NRK) | 0 | 12,145 | +12,145 | 0 | 123,878 | 0.04% | +123,878 |
| CARNIVAL CORP | 22,500 | 26,000 | +3,500 | 632,700 | 751,660 | 0.23% | +118,960 |
| EQUINOX GOLD CORP(EQX) | 0 | 10,000 | +10,000 | 0 | 112,061 | 0.03% | +112,061 |
| TORTOISE ENERGY INFRA CORP(TYG) | 17,366 | 20,026 | +2,660 | 762,175 | 862,903 | 0.26% | +100,728 |
| NUVEEN AMT FREE QLTY MUN INC | 133,186 | 136,290 | +3,104 | 1,454,390 | 1,552,348 | 0.47% | +97,958 |
| INVESCO TR INVT GRADE MUNS | 14,551 | 22,082 | +7,531 | 138,084 | 223,468 | 0.07% | +85,384 |
| GARMIN LTD(GRMN) | 2,000 | 2,000 | 0 | 417,440 | 492,440 | 0.15% | +75,000 |
| ABBVIE INC(ABBV) | 1,423 | 1,462 | +39 | 264,094 | 338,557 | 0.10% | +74,463 |
| INVESCO GALAXY BITCOIN ETF(BTCO) | 2,100 | 2,600 | +500 | 225,813 | 296,426 | 0.09% | +70,613 |
| MCDONALDS CORP(MCD) | 5,198 | 5,188 | -10 | 1,518,714 | 1,576,634 | 0.48% | +57,920 |
| UNITED PARCEL SERVICE INC(UPS) | 3,296 | 4,591 | +1,295 | 332,707 | 383,525 | 0.12% | +50,818 |
| GOLDMAN SACHS GROUP INC(GS) | 475 | 475 | 0 | 336,181 | 378,266 | 0.11% | +42,085 |
| ALTRIA GROUP INC(MO) | 4,241 | 4,397 | +156 | 248,669 | 290,437 | 0.09% | +41,768 |
| INVESCO MUN OPPORTUNITY TR | 16,067 | 18,567 | +2,500 | 147,495 | 179,543 | 0.05% | +32,048 |
| TEMPLETON EMERGING MKTS INCO | 57,571 | 60,770 | +3,199 | 345,424 | 376,776 | 0.11% | +31,352 |
| ARIS MNG CORP(ARIS) | 10,000 | 10,000 | 0 | 67,213 | 98,044 | 0.03% | +30,831 |
| FRANCO NEV CORP(FNV) | 2,380 | 1,881 | -499 | 390,201 | 419,244 | 0.13% | +29,043 |
| BERKSHIRE HATHAWAY INC DEL | 1 | 1 | 0 | 728,800 | 754,200 | 0.23% | +25,400 |
| ROYAL CARIBBEAN GROUP | 676 | 726 | +50 | 211,535 | 234,805 | 0.07% | +23,270 |
| BANK AMERICA CORP | 4,317 | 4,321 | +4 | 204,304 | 222,943 | 0.07% | +18,639 |
| STEEL DYNAMICS INC(STLD) | 2,705 | 2,582 | -123 | 346,267 | 360,008 | 0.11% | +13,741 |
| INVESCO QUALITY MUN INCOME T | 11,000 | 11,000 | 0 | 103,180 | 108,350 | 0.03% | +5,170 |
| VERIZON COMMUNICATIONS INC(VZ) | 5,299 | 5,319 | +20 | 229,282 | 233,766 | 0.07% | +4,484 |
| NUVEEN MUN HIGH INCOME OPPOR(NMZ) | 17,507 | 17,531 | +24 | 181,547 | 185,655 | 0.06% | +4,108 |
| INVESCO CALIF VALUE MUN INCO | 16,000 | 16,000 | 0 | 165,920 | 169,440 | 0.05% | +3,520 |
| NUVEEN QUALITY MUNCP INCOME(NAD) | 93,567 | 90,630 | -2,937 | 1,056,371 | 1,059,468 | 0.32% | +3,097 |
| DOUBLELINE OPPORTUNISTIC CR | 14,073 | 14,090 | +17 | 216,446 | 219,521 | 0.07% | +3,075 |
| INVESCO PA VALUE MUN INC TR | 11,000 | 11,000 | 0 | 110,660 | 113,630 | 0.03% | +2,970 |
| ALPS ETF TR | 7,950 | 8,250 | +300 | 388,437 | 387,173 | 0.12% | -1,264 |
| AT&T INC(T) | 26,902 | 27,318 | +416 | 778,541 | 771,449 | 0.23% | -7,092 |
| VISA INC(V) | 1,040 | 1,040 | 0 | 369,252 | 355,035 | 0.11% | -14,217 |
| UBER TECHNOLOGIES INC(UBER) | 45,070 | 42,745 | -2,325 | 4,205,031 | 4,187,728 | 1.27% | -17,303 |
| TRANE TECHNOLOGIES PLC(TT) | 1,156 | 1,156 | 0 | 505,646 | 487,786 | 0.15% | -17,860 |
| DELL TECHNOLOGIES INC(DELL) | 13,652 | 11,652 | -2,000 | 1,673,735 | 1,651,904 | 0.50% | -21,831 |
| BERKSHIRE HATHAWAY INC DEL | 5,185 | 4,960 | -225 | 2,518,880 | 2,493,758 | 0.75% | -25,122 |
| B2GOLD CORP(BTG) | 11,000 | 0 | -11,000 | 39,668 | 0 | — | -39,668 |
| NUVEEN AMT FREE MUN CR INC F(NVG) | 25,534 | 20,557 | -4,977 | 304,620 | 252,640 | 0.08% | -51,980 |
| NEXGEN ENERGY LTD(NXE) | 10,000 | 0 | -10,000 | 69,400 | 0 | — | -69,400 |
| AKAMAI TECHNOLOGIES INC(AKAM) | 5,350 | 4,650 | -700 | 426,716 | 352,284 | 0.11% | -74,432 |
| DEERE & CO(DE) | 2,000 | 2,040 | +40 | 1,016,980 | 932,810 | 0.28% | -84,170 |
| AMBEV SA(ABEV) | 39,400 | 0 | -39,400 | 94,954 | 0 | — | -94,954 |
| FS CREDIT OPPORTUNITIES CORP(FSCO) | 58,790 | 47,698 | -11,092 | 426,818 | 329,596 | 0.10% | -97,222 |
| PIMCO MUN INCOME FD III | 15,000 | 0 | -15,000 | 102,900 | 0 | — | -102,900 |
| NUVEEN MUNICIPAL CREDIT INC(NZF) | 11,000 | 0 | -11,000 | 131,120 | 0 | — | -131,120 |
| ENERGY TRANSFER L P(ET) | 123,218 | 121,438 | -1,780 | 2,233,949 | 2,083,873 | 0.63% | -150,076 |
| INTUITIVE SURGICAL INC | 1,195 | 1,030 | -165 | 649,375 | 460,647 | 0.14% | -188,728 |
| UPSTART HLDGS INC(UPST) | 15,000 | 15,000 | 0 | 970,200 | 762,000 | 0.23% | -208,200 |
| ALAMO GROUP INC | 6,200 | 6,000 | -200 | 1,353,956 | 1,145,400 | 0.35% | -208,556 |
| MICROSTRATEGY INC(MSTR) | 1,015 | 625 | -390 | 410,293 | 201,381 | 0.06% | -208,912 |
| COUPANG INC(CPNG) | 7,000 | 0 | -7,000 | 209,720 | 0 | — | -209,720 |
| MPLX LP(MPLX) | 134,897 | 134,789 | -108 | 6,948,538 | 6,732,734 | 2.03% | -215,804 |