U S GLOBAL INVESTORS INC
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 ▲▼ | |
| ROYAL GOLD INC | 2,280 | 86,938 | +84,658 | 457,322 | 19,325,448 | +18,868,126 |
| UNITED AIRLINES | 780,183 | 792,076 | +11,893 | 75,287,660 | 88,569,938 | +13,282,278 |
| AMERICAN AIRLINE | 6,485,318 | 5,569,844 | -915,474 | 72,894,974 | 85,385,709 | +12,490,735 |
| BARRICK MNG CORP | 100,000 | 315,000 | +215,000 | 3,277,000 | 13,718,250 | +10,441,250 |
| CENTERRA GOLD IN | 0 | 721,921 | +721,921 | 0 | 10,381,015 | +10,381,015 |
| DELTA AIR LI | 1,361,033 | 1,216,731 | -144,302 | 77,238,623 | 84,441,131 | +7,202,508 |
| AMERICAS GOLD AN | 580,000 | 1,800,000 | +1,220,000 | 2,161,413 | 9,236,825 | +7,075,412 |
| METALLA ROYALTY | 814,587 | 1,432,510 | +617,923 | 5,172,627 | 11,144,928 | +5,972,301 |
| ALLIED GOLD CORP | 0 | 242,753 | +242,753 | 0 | 5,564,970 | +5,564,970 |
| GALIANO GOLD INC | 0 | 2,193,071 | +2,193,071 | 0 | 5,548,470 | +5,548,470 |
| FORTUNA MINING C | 0 | 560,601 | +560,601 | 0 | 5,499,496 | +5,499,496 |
| INTEGRA RES CORP | 150,000 | 1,386,127 | +1,236,127 | 442,500 | 5,558,369 | +5,115,869 |
| LATAM AIRLINES G | 80,184 | 151,613 | +71,429 | 3,628,326 | 8,188,618 | +4,560,292 |
| ALASKA AIR GROUP | 371,365 | 455,934 | +84,569 | 18,486,550 | 22,933,480 | +4,446,930 |
| TRIPLE FLAG | 213,665 | 279,270 | +65,605 | 6,251,838 | 9,277,349 | +3,025,511 |
| IAMGOLD CORP | 500,000 | 575,000 | +75,000 | 6,465,000 | 9,481,750 | +3,016,750 |
| EQUINOX GOLD CORP | 0 | 200,000 | +200,000 | 0 | 2,808,000 | +2,808,000 |
| ARIS MINING CORP | 300,000 | 340,000 | +40,000 | 2,938,178 | 5,516,729 | +2,578,551 |
| ELEMENTAL ROYALT | 0 | 150,000 | +150,000 | 0 | 2,539,908 | +2,539,908 |
| BOEING CO/THE | 66,274 | 77,292 | +11,018 | 14,303,917 | 16,781,639 | +2,477,722 |
| SOUTHWEST AIR | 2,663,281 | 2,107,325 | -555,956 | 84,985,297 | 87,095,742 | +2,110,445 |
| WHEATON PRECIOUS | 148,489 | 158,776 | +10,287 | 16,607,010 | 18,659,356 | +2,052,346 |
| CALEDONIA MINING | 100,754 | 217,334 | +116,580 | 3,648,302 | 5,687,631 | +2,039,329 |
| MCEWEN INC | 0 | 100,000 | +100,000 | 0 | 1,857,278 | +1,857,278 |
| MARRIOTT INTL INC NEW | 0 | 5,800 | +5,800 | 0 | 1,799,392 | +1,799,392 |
| ELDORADO GOLD CORP NEW | 0 | 50,000 | +50,000 | 0 | 1,796,000 | +1,796,000 |
| SUN COUNTRY HOLD | 1,828,219 | 1,611,228 | -216,991 | 21,591,266 | 23,185,571 | +1,594,305 |
| TESLA INC | 2,840 | 5,840 | +3,000 | 1,263,005 | 2,626,365 | +1,363,360 |
| AURA MINERALS INC | 100,000 | 100,000 | 0 | 3,721,000 | 5,041,500 | +1,320,500 |
| VIZSLA SILVER CO | 1,050,000 | 1,050,000 | 0 | 4,531,127 | 5,755,521 | +1,224,394 |
| BOOKING HOLDINGS | 2,783 | 3,030 | +247 | 15,026,168 | 16,226,650 | +1,200,482 |
| ALLEGIANT TRAVEL | 380,678 | 284,685 | -95,993 | 23,133,802 | 24,275,090 | +1,141,288 |
| UBS GROUP AG | 0 | 24,500 | +24,500 | 0 | 1,134,595 | +1,134,595 |
| VIKING HOLDINGS LTD | 0 | 15,700 | +15,700 | 0 | 1,121,137 | +1,121,137 |
| DRDGOLD LIMITED | 209,055 | 222,033 | +12,978 | 5,769,918 | 6,885,243 | +1,115,325 |
| BLACKROCK ETF TRUST II | 1,126 | 22,000 | +20,874 | 57,054 | 1,110,120 | +1,053,066 |
| HILTON WORLDWIDE HLDGS INC | 4,400 | 7,500 | +3,100 | 1,141,536 | 2,154,375 | +1,012,839 |
| EXPEDIA GROUP IN | 70,627 | 56,812 | -13,815 | 15,096,521 | 16,095,408 | +998,887 |
| TOTALENERGIES SE | 0 | 15,000 | +15,000 | 0 | 981,300 | +981,300 |
| PAN AMERN SILVER CORP | 73,555 | 73,555 | 0 | 2,848,785 | 3,810,885 | +962,100 |
| TRIPADVISOR INC | 872,869 | 1,037,854 | +164,985 | 14,192,850 | 15,111,154 | +918,304 |
| SKYWEST INC | 214,412 | 223,006 | +8,594 | 21,574,135 | 22,392,032 | +817,897 |
| LAS VEGAS SANDS CORP | 0 | 12,200 | +12,200 | 0 | 794,098 | +794,098 |
| VOX ROYALTY CORP | 1,562,000 | 1,562,000 | 0 | 6,716,600 | 7,403,880 | +687,280 |
| GRUPO AEROPO-ADR | 32,234 | 36,805 | +4,571 | 3,348,146 | 4,003,280 | +655,134 |
| WOODSIDE ENERGY GROUP LTD | 0 | 40,000 | +40,000 | 0 | 623,600 | +623,600 |
| CATERPILLAR INC | 0 | 1,000 | +1,000 | 0 | 572,870 | +572,870 |
| TASEKO MINES | 0 | 100,000 | +100,000 | 0 | 566,368 | +566,368 |
| MAKEMYTRIP LTD | 38,882 | 50,870 | +11,988 | 3,639,355 | 4,177,444 | +538,089 |
| JACOBS SOLUTIONS INC | 0 | 3,500 | +3,500 | 0 | 463,610 | +463,610 |
| SIGNET JEWELERS LIMITED | 0 | 5,500 | +5,500 | 0 | 455,840 | +455,840 |
| HUDBAY MINERALS INC | 95,000 | 95,000 | 0 | 1,440,200 | 1,885,750 | +445,550 |
| MATSON INC | 0 | 3,587 | +3,587 | 0 | 443,174 | +443,174 |
| EXXON MOBIL CORP | 10,500 | 13,500 | +3,000 | 1,183,875 | 1,624,590 | +440,715 |
| GOLDMAN SACHS GROUP INC | 2,075 | 2,375 | +300 | 1,652,426 | 2,087,625 | +435,199 |
| CARNIVAL CORP | 59,500 | 70,500 | +11,000 | 1,720,145 | 2,153,070 | +432,925 |
| FIRST SOLAR INC | 0 | 1,500 | +1,500 | 0 | 391,845 | +391,845 |
| GRUPO AEROPO-ADR | 11,315 | 12,434 | +1,119 | 3,658,479 | 4,021,156 | +362,677 |
| BUNGE GLOBAL SA | 0 | 4,000 | +4,000 | 0 | 356,320 | +356,320 |
| RYANAIR HLDG-ADR | 130,647 | 113,653 | -16,994 | 7,867,562 | 8,204,610 | +337,048 |
| TRIP.COM GRO-ADR | 104,516 | 113,885 | +9,369 | 7,859,603 | 8,189,470 | +329,867 |
| IVANHOE ELECTRIC | 40,000 | 51,499 | +11,499 | 502,000 | 822,954 | +320,954 |
| ENERFLEX LTD | 0 | 17,000 | +17,000 | 0 | 262,310 | +262,310 |
| CAMECO CORP | 2,500 | 5,000 | +2,500 | 209,650 | 457,450 | +247,800 |
| HYCROFT MINING HOLDING CORP | 0 | 10,000 | +10,000 | 0 | 237,700 | +237,700 |
| AMERICAN ELEC PWR CO INC | 0 | 2,000 | +2,000 | 0 | 230,620 | +230,620 |
| BW LPG LTD | 0 | 17,049 | +17,049 | 0 | 223,022 | +223,022 |
| SEABRIDGE GOLD INC | 40,000 | 40,000 | 0 | 966,000 | 1,183,600 | +217,600 |
| BAKER HUGHES COMPANY | 3,500 | 8,500 | +5,000 | 170,520 | 387,090 | +216,570 |
| HALLIBURTON CO | 3,000 | 10,000 | +7,000 | 73,800 | 282,600 | +208,800 |
| DANAOS CORP | 0 | 2,169 | +2,169 | 0 | 204,276 | +204,276 |
| ELECTRA BATTERY | 0 | 250,000 | +250,000 | 0 | 202,274 | +202,274 |
| EVERSOURCE ENERGY | 0 | 3,000 | +3,000 | 0 | 201,990 | +201,990 |
| TEEKAY TANK-CL A | 0 | 3,768 | +3,768 | 0 | 201,287 | +201,287 |
| TIDEWATER INC | 0 | 3,519 | +3,519 | 0 | 177,745 | +177,745 |
| FRANCO NEV CORP | 82,537 | 89,311 | +6,774 | 18,398,323 | 18,512,384 | +114,061 |
| COPA HOLDIN-CL A | 33,364 | 33,720 | +356 | 3,964,310 | 4,066,969 | +102,659 |
| ROYAL CARIBBEAN GROUP | 7,835 | 9,435 | +1,600 | 2,535,249 | 2,631,610 | +96,361 |
| GLOBAL X FDS | 0 | 4,500 | +4,500 | 0 | 95,693 | +95,693 |
| TAPESTRY INC | 6,500 | 6,500 | 0 | 735,930 | 830,505 | +94,575 |
| STANDARD LITHIUM LTD | 75,000 | 75,000 | 0 | 252,750 | 335,250 | +82,500 |
| NUTRIEN LTD | 25,000 | 25,000 | 0 | 1,467,750 | 1,543,000 | +75,250 |
| AURELION INC | 0 | 300,000 | +300,000 | 0 | 74,940 | +74,940 |
| UNITED PARCEL-B | 3,372 | 3,373 | +1 | 281,663 | 334,568 | +52,905 |
| FEDEX CORP | 1,248 | 1,188 | -60 | 294,291 | 343,166 | +48,875 |
| STEEL DYNAMICS INC | 1,500 | 1,500 | 0 | 209,145 | 254,175 | +45,030 |
| EXPEDITORS INTL | 2,344 | 2,213 | -131 | 287,351 | 329,759 | +42,408 |
| ZTO EXPRESS -ADR | 14,764 | 14,992 | +228 | 283,469 | 313,183 | +29,714 |
| AGNICO EAGLE MINES LTD | 30,000 | 30,000 | 0 | 5,056,800 | 5,085,900 | +29,100 |
| GLOBAL SHIP-CL A | 5,906 | 5,834 | -72 | 181,314 | 204,423 | +23,109 |
| SHELL PLC | 11,000 | 11,000 | 0 | 786,830 | 808,280 | +21,450 |
| TECK RESOURCES LTD | 5,000 | 5,000 | 0 | 219,450 | 239,450 | +20,000 |
| LAUDER ESTEE COS INC | 7,500 | 6,500 | -1,000 | 660,900 | 680,680 | +19,780 |
| SCHLUMBERGER LTD | 4,500 | 4,500 | 0 | 154,665 | 172,710 | +18,045 |
| BHP GROUP LTD | 3,500 | 3,500 | 0 | 195,125 | 211,295 | +16,170 |
| PARAMOUNT GOLD NEV CORP | 170,000 | 170,000 | 0 | 209,100 | 214,200 | +5,100 |
| COLLECTIVE MININ | 35,000 | 35,000 | 0 | 507,899 | 510,241 | +2,342 |
| CME GROUP INC | 461 | 461 | 0 | 124,558 | 125,890 | +1,332 |
| SOLITARIO RESOURCES CORP | 310,000 | 310,000 | 0 | 216,380 | 216,008 | -372 |
| SELECT WATER SOLUTIONS INC | 10,000 | 10,000 | 0 | 106,900 | 105,200 | -1,700 |