Kercheville Advisors, LLC
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| ALPHABET INC | 0 | 58,374 | +58,374 | 0 | 19,312,326 | +19,312,326 |
| BLOOM ENERGY CORP | 0 | 48,215 | +48,215 | 0 | 7,021,550 | +7,021,550 |
| AGNICO EAGLE MINES LTD | 0 | 105,830 | +105,830 | 0 | 22,614,896 | +22,614,896 |
| SOUTHWEST AIRLS CO | 0 | 129,524 | +129,524 | 0 | 5,496,984 | +5,496,984 |
| MICRON TECHNOLOGY INC | 0 | 8,000 | +8,000 | 0 | 3,180,640 | +3,180,640 |
| IMMUNITYBIO INC | 0 | 584,174 | +584,174 | 0 | 4,287,837 | +4,287,837 |
| ELI LILLY & CO | 0 | 3,776 | +3,776 | 0 | 4,106,063 | +4,106,063 |
| SYNOPSYS INC | 0 | 4,981 | +4,981 | 0 | 2,537,760 | +2,537,760 |
| VANECK ETF TRUST | 0 | 145,722 | +145,722 | 0 | 15,325,533 | +15,325,533 |
| VANECK ETF TRUST | 0 | 91,891 | +91,891 | 0 | 13,056,739 | +13,056,739 |
| ALIBABA GROUP HLDG LTD | 0 | 21,506 | +21,506 | 0 | 3,810,395 | +3,810,395 |
| ALPHABET INC | 0 | 31,398 | +31,398 | 0 | 10,378,356 | +10,378,356 |
| ISHARES SILVER TR | 0 | 57,500 | +57,500 | 0 | 5,009,975 | +5,009,975 |
| ADVANCED MICRO DEVICES INC | 0 | 20,760 | +20,760 | 0 | 5,267,435 | +5,267,435 |
| CAMECO CORP | 0 | 50,037 | +50,037 | 0 | 6,098,050 | +6,098,050 |
| SPDR SERIES TRUST | 0 | 17,720 | +17,720 | 0 | 2,331,468 | +2,331,468 |
| GE VERNOVA INC | 0 | 7,907 | +7,907 | 0 | 5,231,825 | +5,231,825 |
| AMAZON COM INC | 0 | 95,901 | +95,901 | 0 | 22,473,500 | +22,473,500 |
| CAVA GROUP INC | 0 | 27,600 | +27,600 | 0 | 1,824,084 | +1,824,084 |
| SLB LIMITED | 0 | 34,000 | +34,000 | 0 | 1,676,880 | +1,676,880 |
| BAIDU INC | 0 | 18,275 | +18,275 | 0 | 2,970,053 | +2,970,053 |
| EXXON MOBIL CORP | 0 | 61,674 | +61,674 | 0 | 8,242,145 | +8,242,145 |
| URANIUM ENERGY CORP | 0 | 120,900 | +120,900 | 0 | 2,401,074 | +2,401,074 |
| WALMART INC | 0 | 61,230 | +61,230 | 0 | 7,214,770 | +7,214,770 |
| ENTERPRISE PRODS PARTNERS L | 0 | 40,700 | +40,700 | 0 | 1,350,833 | +1,350,833 |
| PIMCO ETF TR | 0 | 46,560 | +46,560 | 0 | 1,248,739 | +1,248,739 |
| TESLA INC | 0 | 18,365 | +18,365 | 0 | 8,252,496 | +8,252,496 |
| SUNOCO LP/SUNOCO FIN CORP | 0 | 154,083 | +154,083 | 0 | 8,784,282 | +8,784,282 |
| SPDR GOLD TR | 0 | 7,719 | +7,719 | 0 | 3,487,367 | +3,487,367 |
| ISHARES BITCOIN TRUST ETF | 0 | 40,745 | +40,745 | 0 | 2,064,549 | +2,064,549 |
| VIKING HOLDINGS LTD | 0 | 11,000 | +11,000 | 0 | 766,590 | +766,590 |
| AEROVIRONMENT INC | 0 | 3,875 | +3,875 | 0 | 1,209,465 | +1,209,465 |
| ALAMOS GOLD INC NEW | 0 | 85,301 | +85,301 | 0 | 3,595,975 | +3,595,975 |
| USA RARE EARTH INC | 0 | 37,200 | +37,200 | 0 | 844,812 | +844,812 |
| TAIWAN SEMICONDUCTOR MFG LTD | 0 | 2,050 | +2,050 | 0 | 671,109 | +671,109 |
| CELSIUS HLDGS INC | 0 | 243,993 | +243,993 | 0 | 13,478,173 | +13,478,173 |
| IVANHOE ELECTRIC INC | 0 | 114,600 | +114,600 | 0 | 2,190,006 | +2,190,006 |
| FTAI AVIATION LTD | 0 | 2,200 | +2,200 | 0 | 645,678 | +645,678 |
| MPLX LP | 0 | 131,336 | +131,336 | 0 | 7,298,332 | +7,298,332 |
| SELECT SECTOR SPDR TR | 0 | 13,001 | +13,001 | 0 | 555,258 | +555,258 |
| PALANTIR TECHNOLOGIES INC | 0 | 33,990 | +33,990 | 0 | 5,638,941 | +5,638,941 |
| CATERPILLAR INC | 0 | 2,875 | +2,875 | 0 | 1,864,179 | +1,864,179 |
| CITIGROUP INC | 0 | 4,245 | +4,245 | 0 | 490,977 | +490,977 |
| WESTERN MIDSTREAM PARTNERS L | 0 | 11,400 | +11,400 | 0 | 465,462 | +465,462 |
| AMPHENOL CORP NEW | 0 | 3,000 | +3,000 | 0 | 457,500 | +457,500 |
| MERCK & CO INC | 0 | 3,800 | +3,800 | 0 | 414,884 | +414,884 |
| NOVO-NORDISK A S | 0 | 6,300 | +6,300 | 0 | 392,049 | +392,049 |
| SHAKE SHACK INC | 0 | 4,000 | +4,000 | 0 | 370,360 | +370,360 |
| COSTCO WHSL CORP NEW | 0 | 12,200 | +12,200 | 0 | 11,909,098 | +11,909,098 |
| GE AEROSPACE | 0 | 1,050 | +1,050 | 0 | 309,750 | +309,750 |
| NVIDIA CORPORATION | 0 | 116,025 | +116,025 | 0 | 21,446,147 | +21,446,147 |
| INTEL CORP | 0 | 5,331 | +5,331 | 0 | 289,555 | +289,555 |
| MCEWEN INC. | 0 | 10,000 | +10,000 | 0 | 261,400 | +261,400 |
| FIRST TR EXCHNG TRADED FD VI | 0 | 5,700 | +5,700 | 0 | 248,320 | +248,320 |
| BAKER HUGHES COMPANY | 0 | 4,500 | +4,500 | 0 | 245,070 | +245,070 |
| KRATOS DEFENSE & SEC SOLUTIO | 0 | 2,000 | +2,000 | 0 | 227,700 | +227,700 |
| CAPITAL GRP FIXED INCM ETF T | 0 | 8,720 | +8,720 | 0 | 227,069 | +227,069 |
| ISHARES INC | 0 | 1,950 | +1,950 | 0 | 226,181 | +226,181 |
| BRISTOL-MYERS SQUIBB CO | 0 | 4,037 | +4,037 | 0 | 221,772 | +221,772 |
| IREN LIMITED | 0 | 4,200 | +4,200 | 0 | 219,492 | +219,492 |
| LAS VEGAS SANDS CORP | 0 | 23,383 | +23,383 | 0 | 1,401,577 | +1,401,577 |
| UNITED PARCEL SERVICE INC | 0 | 5,440 | +5,440 | 0 | 594,580 | +594,580 |
| NUVEEN AMT FREE MUN CR INC F | 0 | 36,586 | +36,586 | 0 | 461,712 | +461,712 |
| FREEPORT-MCMORAN INC | 0 | 3,530 | +3,530 | 0 | 207,742 | +207,742 |
| DEERE & CO | 0 | 2,040 | +2,040 | 0 | 1,065,655 | +1,065,655 |
| REAVES UTIL INCOME FD | 0 | 47,990 | +47,990 | 0 | 1,817,857 | +1,817,857 |
| TORTOISE ENERGY INFRA CORP | 0 | 21,343 | +21,343 | 0 | 971,534 | +971,534 |
| STEEL DYNAMICS INC | 0 | 2,582 | +2,582 | 0 | 461,687 | +461,687 |
| AKAMAI TECHNOLOGIES INC | 0 | 4,650 | +4,650 | 0 | 451,190 | +451,190 |
| CISCO SYS INC | 0 | 13,715 | +13,715 | 0 | 1,019,463 | +1,019,463 |
| NUVEEN AMT FREE QLTY MUN INC | 0 | 141,416 | +141,416 | 0 | 1,639,011 | +1,639,011 |
| GOLDMAN SACHS GROUP INC | 0 | 475 | +475 | 0 | 453,459 | +453,459 |
| FRANCO NEV CORP | 0 | 1,881 | +1,881 | 0 | 485,931 | +485,931 |
| JPMORGAN CHASE & CO. | 0 | 6,195 | +6,195 | 0 | 1,880,988 | +1,880,988 |
| BROADCOM INC | 0 | 2,190 | +2,190 | 0 | 712,823 | +712,823 |
| INVESCO QUALITY MUN INCOME T | 0 | 16,000 | +16,000 | 0 | 159,520 | +159,520 |
| NUVEEN QUALITY MUNCP INCOME | 0 | 92,706 | +92,706 | 0 | 1,108,769 | +1,108,769 |
| TEMPLETON EMERGING MKTS INCO | 0 | 63,172 | +63,172 | 0 | 420,095 | +420,095 |
| ALAMO GROUP INC | 0 | 6,000 | +6,000 | 0 | 1,156,680 | +1,156,680 |
| INVESCO PA VALUE MUN INC TR | 0 | 11,000 | +11,000 | 0 | 116,380 | +116,380 |
| INVESCO TR INVT GRADE MUNS | 0 | 22,112 | +22,112 | 0 | 226,206 | +226,206 |
| KINROSS GOLD CORP | 0 | 13,400 | +13,400 | 0 | 490,976 | +490,976 |
| NUVEEN NEW YORK AMT QLT MUNI | 0 | 12,259 | +12,259 | 0 | 124,796 | +124,796 |
| INVESCO MUN OPPORTUNITY TR | 0 | 18,567 | +18,567 | 0 | 179,357 | +179,357 |
| ALPS ETF TR | 0 | 7,820 | +7,820 | 0 | 384,588 | +384,588 |
| NUVEEN MUN HIGH INCOME OPPOR | 0 | 17,563 | +17,563 | 0 | 181,777 | +181,777 |
| PIMCO MUN INCOME FD II | 0 | 26,422 | +26,422 | 0 | 199,222 | +199,222 |
| CHEVRON CORP NEW | 0 | 8,838 | +8,838 | 0 | 1,472,941 | +1,472,941 |
| MCDONALDS CORP | 0 | 5,118 | +5,118 | 0 | 1,566,355 | +1,566,355 |
| BOEING CO | 0 | 6,079 | +6,079 | 0 | 1,528,239 | +1,528,239 |
| VISA INC | 0 | 1,040 | +1,040 | 0 | 339,414 | +339,414 |
| ROYAL CARIBBEAN GROUP | 0 | 765 | +765 | 0 | 218,441 | +218,441 |
| ABBVIE INC | 0 | 1,463 | +1,463 | 0 | 319,192 | +319,192 |
| ALTRIA GROUP INC | 0 | 4,408 | +4,408 | 0 | 269,000 | +269,000 |
| INVESCO CALIF VALUE MUN INCO | 0 | 13,000 | +13,000 | 0 | 143,650 | +143,650 |
| VERIZON COMMUNICATIONS INC | 0 | 5,241 | +5,241 | 0 | 206,930 | +206,930 |
| BERKSHIRE HATHAWAY INC DEL | 0 | 1 | +1 | 0 | 726,200 | +726,200 |
| DOUBLELINE OPPORTUNISTIC CR | 0 | 12,607 | +12,607 | 0 | 190,681 | +190,681 |
| TRANE TECHNOLOGIES PLC | 0 | 1,156 | +1,156 | 0 | 450,990 | +450,990 |
| GARMIN LTD | 0 | 2,000 | +2,000 | 0 | 412,240 | +412,240 |