13F HOLDINGS REPORT
U S GLOBAL INVESTORS INC
Quarter ended Q1 2025 · Filed April 24, 2025 · Accession 0001437749-25-012894
Total Value
$757.4M
Positions
170
Other Managers
0
Confidential Omitted
No
Holdings (170)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SOUTHWEST AIR | 844741108 | 2,664,510 | $89.5M | 11.81% |
| 2 | DELTA AIR LI | DAL | 1,800,245 | $78.5M | 10.36% |
| 3 | AMERICAN AIRLINE | 02376R102 | 7,181,246 | $75.8M | 10.00% |
| 4 | UNITED AIRLINES | UNTCW | 1,092,438 | $75.4M | 9.96% |
| 5 | SKYWEST INC | SKYW | 270,074 | $23.6M | 3.12% |
| 6 | ALLEGIANT TRAVEL | ALGT | 412,400 | $21.3M | 2.81% |
| 7 | SUN COUNTRY HOLD | 866683105 | 1,721,538 | $21.2M | 2.80% |
| 8 | ALASKA AIR GROUP | ALK | 427,560 | $21.0M | 2.78% |
| 9 | JETBLUE AIRWAYS | 477143101 | 4,010,140 | $19.3M | 2.55% |
| 10 | FRONTIER GROUP H | ULCC | 3,898,614 | $16.9M | 2.23% |
| 11 | BOEING CO/THE | BA-PA | 99,004 | $16.9M | 2.23% |
| 12 | BOOKING HOLDINGS | BKNG | 3,555 | $16.4M | 2.16% |
| 13 | TRIPADVISOR INC | TRIP | 1,117,375 | $15.8M | 2.09% |
| 14 | GENERAL DYNAMICS | GD | 57,780 | $15.7M | 2.08% |
| 15 | EXPEDIA GROUP IN | EXPE | 93,639 | $15.7M | 2.08% |
| 16 | TEXTRON INC | TXT | 204,281 | $14.8M | 1.95% |
| 17 | SABRE CORP | SABR | 4,579,011 | $12.9M | 1.70% |
| 18 | WHEATON PRECIOUS | WPM | 137,078 | $10.6M | 1.41% |
| 19 | FRANCO-NEVADA CO | FNV | 67,093 | $10.6M | 1.40% |
| 20 | ROYAL GOLD INC | RGLD | 63,027 | $10.3M | 1.36% |
| 21 | MAKEMYTRIP LTD | MMYT | 84,193 | $8.3M | 1.09% |
| 22 | TRIP.COM GRO-ADR | TRPCF | 120,993 | $7.7M | 1.02% |
| 23 | ALAMOS GOLD INC NEW | AGI | 260,000 | $7.0M | 0.92% |
| 24 | RYANAIR HLDG-ADR | RYAOF | 158,533 | $6.7M | 0.89% |
| 25 | SANDSTORM GOLD | 80013R206 | 623,898 | $4.7M | 0.62% |
| 26 | CENTERRA GOLD IN | CGAU | 685,386 | $4.3M | 0.57% |
| 27 | OSISKO GOLD ROYA | 68827L101 | 205,277 | $4.3M | 0.57% |
| 28 | VOX ROYALTY CORP | VOXR | 1,415,000 | $4.1M | 0.55% |
| 29 | TRIPLE FLAG | TFPM | 214,471 | $4.1M | 0.54% |
| 30 | GRUPO AEROPO-ADR | 40051E202 | 14,233 | $3.9M | 0.51% |
| 31 | COPA HOLDIN-CL A | CPA | 40,001 | $3.7M | 0.49% |
| 32 | NEW GOLD INC | 644535106 | 972,531 | $3.6M | 0.48% |
| 33 | FORTUNA MINING C | 349942102 | 576,714 | $3.5M | 0.46% |
| 34 | ORLA MINING LTD | 68634K106 | 372,922 | $3.5M | 0.46% |
| 35 | ELDORADO GOLD | 284902509 | 203,359 | $3.4M | 0.45% |
| 36 | EMBRAER SA-ADR | EMBJ | 72,139 | $3.3M | 0.44% |
| 37 | KINROSS GOLD | KGCRF | 262,042 | $3.3M | 0.44% |
| 38 | AGNICO EAGLE MINES LTD | AEM | 30,000 | $3.3M | 0.43% |
| 39 | OSISKO GOLD ROYALTIES LTD | 68827L101 | 150,000 | $3.2M | 0.42% |
| 40 | MCEWEN MINING IN | MUX | 405,584 | $3.1M | 0.40% |
| 41 | HECLA MNG CO | 422704106 | 500,000 | $2.8M | 0.37% |
| 42 | FERRARI N V | RACE | 6,485 | $2.8M | 0.37% |
| 43 | OSISKO GOLD ROYA | 68827L101 | 120,000 | $2.5M | 0.33% |
| 44 | KINROSS GOLD CORP | KGCRF | 200,000 | $2.5M | 0.33% |
| 45 | BUENAVENTURA-ADR | 204448104 | 144,682 | $2.3M | 0.30% |
| 46 | ANGLOGOLD ASHANTI PLC | AU | 60,000 | $2.2M | 0.29% |
| 47 | HARMONY GOLD MINING CO LTD | HGMCF | 150,000 | $2.2M | 0.29% |
| 48 | DRDGOLD LTD-ADR | DRDGF | 138,951 | $2.1M | 0.28% |
| 49 | COEUR MNG INC | 192108504 | 350,000 | $2.1M | 0.27% |
| 50 | FRANCO NEV CORP | FNV | 13,000 | $2.0M | 0.27% |
| 51 | EMX ROYALTY CORP | 26873J107 | 1,000,000 | $2.0M | 0.27% |
| 52 | TESLA INC | TSLA | 7,440 | $1.9M | 0.25% |
| 53 | SANDSTORM GOLD LTD | 80013R206 | 250,000 | $1.9M | 0.25% |
| 54 | NEW GOLD INC CDA | 644535106 | 500,000 | $1.9M | 0.24% |
| 55 | VIZSLA SILVER CO | VZLA | 800,000 | $1.8M | 0.24% |
| 56 | WHEATON PRECIOUS METALS CORP | WPM | 20,000 | $1.6M | 0.21% |
| 57 | GOLDMAN SACHS GROUP INC | GSCE | 2,825 | $1.5M | 0.20% |
| 58 | GOLD FIELDS LTD | GFIOF | 65,000 | $1.4M | 0.19% |
| 59 | CARNIVAL CORP | CUKPF | 73,500 | $1.4M | 0.19% |
| 60 | AMERICAN EXPRESS CO | AXP | 5,305 | $1.4M | 0.19% |
| 61 | ENDEAVOUR SILVER | EXK | 320,000 | $1.4M | 0.18% |
| 62 | JPMORGAN CHASE & CO. | VYLD | 5,500 | $1.3M | 0.18% |
| 63 | ROYAL GOLD INC | RGLD | 8,000 | $1.3M | 0.17% |
| 64 | IAMGOLD CORP | IAG | 200,000 | $1.3M | 0.17% |
| 65 | APPLE INC | AAPL | 5,550 | $1.2M | 0.16% |
| 66 | B2GOLD CORP | BTG | 425,000 | $1.2M | 0.16% |
| 67 | ROYAL CARIBBEAN GROUP | V7780T103 | 5,855 | $1.2M | 0.16% |
| 68 | NORTHERN TR CORP | NTRSO | 11,950 | $1.2M | 0.16% |
| 69 | HILTON WORLDWIDE HLDGS INC | HLT | 5,150 | $1.2M | 0.15% |
| 70 | CHENIERE ENERGY INC | LNG | 5,000 | $1.2M | 0.15% |
| 71 | MAG SILVER CORP | 55903Q104 | 75,000 | $1.1M | 0.15% |
| 72 | ISHARES TR | 464288158 | 10,000 | $1.1M | 0.14% |
| 73 | J P MORGAN EXCHANGE TRADED F | 46641Q654 | 19,700 | $1.0M | 0.13% |
| 74 | SILVERCORP METALS INC | SVM | 250,000 | $967,500 | 0.13% |
| 75 | NUTRIEN LTD | NTR | 17,500 | $869,225 | 0.11% |
| 76 | EXXON MOBIL CORP | XOM | 7,000 | $832,510 | 0.11% |
| 77 | CARLYLE GROUP INC | CGABL | 17,000 | $741,030 | 0.10% |
| 78 | LAUDER ESTEE COS INC | 518439104 | 11,000 | $726,000 | 0.10% |
| 79 | HUDBAY MINERALS INC | HBM | 95,000 | $721,050 | 0.10% |
| 80 | AMAZON COM INC | AMZN | 3,750 | $713,475 | 0.09% |
| 81 | COEUR MNG INC | 192108504 | 111,000 | $657,120 | 0.09% |
| 82 | CONOCOPHILLIPS | COP | 5,962 | $626,129 | 0.08% |
| 83 | COLLECTIVE MININ | CNL | 70,000 | $610,366 | 0.08% |
| 84 | VIZSLA SILVER CO | VZLA | 250,000 | $571,458 | 0.08% |
| 85 | OSISKO GOLD ROYALTIES LTD | 68827L101 | 25,700 | $542,784 | 0.07% |
| 86 | VOX ROYALTY CORP | VOXR | 185,000 | $540,200 | 0.07% |
| 87 | ROYAL GOLD INC | RGLD | 3,150 | $515,057 | 0.07% |
| 88 | FRANCO NEV CORP | FNV | 3,180 | $501,041 | 0.07% |
| 89 | CENTERRA GOLD INC | CGAU | 78,900 | $501,015 | 0.07% |
| 90 | HYATT HOTELS CORP | H | 4,000 | $490,000 | 0.06% |
| 91 | TOLL BROTHERS INC | TOL | 4,350 | $459,317 | 0.06% |
| 92 | NORWEGIAN CRUISE LINE HLDG L | NCLH | 24,000 | $455,040 | 0.06% |
| 93 | COLLECTIVE MININ | CNL | 50,000 | $435,976 | 0.06% |
| 94 | IMPERIAL OIL LTD | IMO | 6,000 | $433,920 | 0.06% |
| 95 | VIKING HOLDINGS LTD | VIK | 10,800 | $429,300 | 0.06% |
| 96 | OSISKO GOLD ROYALTIES LTD | 68827L101 | 20,000 | $422,400 | 0.06% |
| 97 | OSISKO GOLD ROYALTIES LTD | 68827L101 | 20,000 | $422,400 | 0.06% |
| 98 | INTERNATIONAL PAPER CO | 460146103 | 7,500 | $400,125 | 0.05% |
| 99 | FRANCO NEV CORP | FNV | 2,500 | $393,900 | 0.05% |
| 100 | ALLIANCE RESOURCE PARTNERS L | ARLP | 14,000 | $381,920 | 0.05% |
| 101 | WEYERHAEUSER CO MTN BE | WY | 13,000 | $380,640 | 0.05% |
| 102 | CORTEVA INC | CTVA | 6,000 | $377,580 | 0.05% |
| 103 | DEVON ENERGY CORP NEW | 25179M103 | 10,000 | $374,000 | 0.05% |
| 104 | LINDE PLC | LIN | 800 | $372,512 | 0.05% |
| 105 | SHELL PLC | RYDAF | 5,000 | $366,400 | 0.05% |
| 106 | ETF OPPORTUNITIES TRUST | 26923N413 | 25,000 | $350,750 | 0.05% |
| 107 | ENDEAVOUR SILVER | EXK | 80,000 | $341,277 | 0.05% |
| 108 | VIPER ENERGY INC | VNOM | 7,500 | $338,625 | 0.04% |
| 109 | BP PLC | BPPFF | 10,000 | $337,900 | 0.04% |
| 110 | WHEATON PRECIOUS METALS CORP | WPM | 4,300 | $333,809 | 0.04% |
| 111 | CONSTELLATION BRANDS INC | STZ | 1,800 | $330,336 | 0.04% |
| 112 | PERPETUA RESOURCES CORP | PPTA | 30,000 | $320,700 | 0.04% |
| 113 | EOG RES INC | EOG | 2,500 | $320,600 | 0.04% |
| 114 | TECK RESOURCES LTD | TCKRF | 8,500 | $309,655 | 0.04% |
| 115 | ANTERO RESOURCES CORP | AR | 7,500 | $303,300 | 0.04% |
| 116 | BARRICK GOLD CORP | 067901108 | 665 | $289,275 | 0.04% |
| 117 | RANGE RES CORP | RRC | 7,000 | $279,510 | 0.04% |
| 118 | NEWMONT CORP | NEMCL | 250 | $277,500 | 0.04% |
| 119 | AGNICO EAGLE MINES LTD | AEM | 2,500 | $271,025 | 0.04% |
| 120 | SILVERCORP METALS INC | SVM | 70,000 | $270,900 | 0.04% |
| 121 | HAFNIA LTD | HAFN | 63,643 | $261,706 | 0.03% |
| 122 | SCORPIO TANKERS | STNG | 6,943 | $260,918 | 0.03% |
| 123 | TOTALENERGIES SE | TTE | 4,000 | $258,760 | 0.03% |
| 124 | TORM PLC-A | TRMD | 15,251 | $251,336 | 0.03% |
| 125 | ZIM INTEGRATED S | ZIM | 16,378 | $238,955 | 0.03% |
| 126 | ON HLDG AG | H5919C104 | 5,350 | $234,972 | 0.03% |
| 127 | SEABRIDGE GOLD INC | SA | 20,000 | $233,400 | 0.03% |
| 128 | SEABRIDGE GOLD INC | SA | 20,000 | $233,400 | 0.03% |
| 129 | IVANHOE ELECTRIC | IE | 40,000 | $232,400 | 0.03% |
| 130 | ENDEAVOUR SILVER | EXK | 52,500 | $223,963 | 0.03% |
| 131 | AMERICAS GOLD AN | 03062D100 | 400,000 | $213,993 | 0.03% |
| 132 | UNITED STATES STL CORP NEW | UNTCW | 5,000 | $211,300 | 0.03% |
| 133 | PERMIAN RESOURCES CORP | PR | 15,000 | $207,750 | 0.03% |
| 134 | EXPEDITORS INTL | 302130109 | 1,683 | $202,381 | 0.03% |
| 135 | ZTO EXPRESS -ADR | ZTOEF | 10,101 | $200,404 | 0.03% |
| 136 | FEDEX CORP | FDX | 812 | $197,949 | 0.03% |
| 137 | KINROSS GOLD CORP | KGCRF | 15,000 | $189,150 | 0.02% |
| 138 | SCHLUMBERGER LTD | SLB | 4,500 | $188,100 | 0.02% |
| 139 | STEEL DYNAMICS INC | STLD | 1,500 | $187,620 | 0.02% |
| 140 | UNITED PARCEL-B | UPS | 1,701 | $187,093 | 0.02% |
| 141 | NEW GOLD INC CDA | 644535106 | 50,000 | $185,500 | 0.02% |
| 142 | NUCOR CORP | NUE | 1,500 | $180,510 | 0.02% |
| 143 | SOLITARIO RESOURCES CORP | XPL | 300,000 | $180,000 | 0.02% |
| 144 | VF CORP | VFC | 11,000 | $170,720 | 0.02% |
| 145 | BHP GROUP LTD | BHPLF | 3,500 | $169,890 | 0.02% |
| 146 | SELECT WATER SOLUTIONS INC | WTTR | 15,000 | $157,500 | 0.02% |
| 147 | BAKER HUGHES COMPANY | BKR | 3,500 | $153,825 | 0.02% |
| 148 | ALCOA CORP | AA | 5,000 | $152,500 | 0.02% |
| 149 | OSISKO DEVELOPME | OSDVF | 100,000 | $148,683 | 0.02% |
| 150 | BOISE CASCADE CO DEL | BCC | 1,500 | $147,135 | 0.02% |
| 151 | ENCORE ENERGY CO | EU | 100,000 | $133,398 | 0.02% |
| 152 | INTERNATIONAL SE | INSW | 3,961 | $131,505 | 0.02% |
| 153 | MATSON INC | MATX | 1,009 | $129,324 | 0.02% |
| 154 | CME GROUP INC | CME | 461 | $122,299 | 0.02% |
| 155 | COEUR MNG INC | 192108504 | 20,000 | $118,400 | 0.02% |
| 156 | NEXGEN ENERGY LTD | NXE | 25,000 | $112,250 | 0.01% |
| 157 | RIVIAN AUTOMOTIVE INC | RIVN | 8,700 | $108,315 | 0.01% |
| 158 | VAIL RESORTS INC | MTN | 650 | $104,013 | 0.01% |
| 159 | SIGMA LITHIUM CORPORATION | SGML | 10,000 | $104,000 | 0.01% |
| 160 | CAMECO CORP | CCJ | 2,500 | $102,900 | 0.01% |
| 161 | BARRICK GOLD CORP | 067901108 | 225 | $97,875 | 0.01% |
| 162 | STANDARD LITHIUM LTD | SLI | 75,000 | $95,250 | 0.01% |
| 163 | NEWMONT CORP | NEMCL | 85 | $94,350 | 0.01% |
| 164 | MGM RESORTS INTERNATIONAL | MGM | 3,000 | $88,920 | 0.01% |
| 165 | ETF OPPORTUNITIES TRUST | 26923N413 | 5,500 | $77,165 | 0.01% |
| 166 | HALLIBURTON CO | HAL | 3,000 | $76,110 | 0.01% |
| 167 | ALBEMARLE CORP | ALB-PA | 1,000 | $72,020 | 0.01% |
| 168 | ETF OPPORTUNITIES TRUST | 26923N413 | 5,100 | $71,553 | 0.01% |
| 169 | DENISON MINES CORP | DNN | 50,000 | $65,000 | 0.01% |
| 170 | PARAMOUNT GOLD NEV CORP | PZG | 170,000 | $62,900 | 0.01% |