13F HOLDINGS REPORT
Kercheville Advisors, LLC
Quarter ended Q3 2025 · Filed October 22, 2025 · Accession 0002085853-25-000135
Total Value
$331.0M
Positions
106
Other Managers
0
Confidential Omitted
No
Holdings (106)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 113,306 | $21.1M | 6.39% |
| 2 | AMAZON COM INC | AMZN | 93,959 | $20.6M | 6.23% |
| 3 | AGNICO EAGLE MINES LTD | AEM | 108,538 | $18.3M | 5.53% |
| 4 | APPLE INC | AAPL | 71,036 | $18.1M | 5.47% |
| 5 | META PLATFORMS INC | META | 19,872 | $14.6M | 4.41% |
| 6 | ALPHABET INC | GOOG | 57,864 | $14.1M | 4.26% |
| 7 | CELSIUS HLDGS INC | CELH | 222,793 | $12.8M | 3.87% |
| 8 | VANECK ETF TRUST | 92189F106 | 167,389 | $12.8M | 3.86% |
| 9 | NETFLIX INC | NFLX | 9,940 | $11.9M | 3.60% |
| 10 | COSTCO WHSL CORP NEW | 22160K105 | 12,530 | $11.6M | 3.50% |
| 11 | MICROSOFT CORP | MSFT | 21,926 | $11.4M | 3.43% |
| 12 | VANECK ETF TRUST | 92189F791 | 106,541 | $10.6M | 3.19% |
| 13 | BLACKSTONE INC | BX | 54,590 | $9.3M | 2.82% |
| 14 | ALPHABET INC | GOOG | 32,623 | $7.9M | 2.40% |
| 15 | SUNOCO LP/SUNOCO FIN CORP | SUN | 154,082 | $7.7M | 2.33% |
| 16 | TESLA INC | TSLA | 15,750 | $7.0M | 2.12% |
| 17 | SOFI TECHNOLOGIES INC | SOFI | 262,790 | $6.9M | 2.10% |
| 18 | MPLX LP | MPLXP | 134,789 | $6.7M | 2.03% |
| 19 | EXXON MOBIL CORP | XOM | 59,118 | $6.7M | 2.01% |
| 20 | WALMART INC | WMT | 55,991 | $5.8M | 1.74% |
| 21 | HESS MIDSTREAM LP | HESM | 155,304 | $5.4M | 1.62% |
| 22 | PALANTIR TECHNOLOGIES INC | PLTR | 28,065 | $5.1M | 1.55% |
| 23 | UBER TECHNOLOGIES INC | UBER | 42,745 | $4.2M | 1.27% |
| 24 | CAMECO CORP | CCJ | 44,737 | $3.8M | 1.13% |
| 25 | STARBUCKS CORP | SBUX | 40,521 | $3.4M | 1.04% |
| 26 | GE VERNOVA INC | GEV | 4,905 | $3.0M | 0.91% |
| 27 | ALAMOS GOLD INC NEW | AGI | 83,251 | $2.9M | 0.88% |
| 28 | ADVANCED MICRO DEVICES INC | AMD | 17,710 | $2.9M | 0.87% |
| 29 | ISHARES SILVER TR | SLV | 60,700 | $2.6M | 0.78% |
| 30 | BLOOM ENERGY CORP | BE | 30,200 | $2.6M | 0.77% |
| 31 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 4,960 | $2.5M | 0.75% |
| 32 | SPDR GOLD TR | GLD | 6,854 | $2.4M | 0.74% |
| 33 | SELECT SECTOR SPDR TR | 81369Y886 | 24,791 | $2.2M | 0.65% |
| 34 | ENERGY TRANSFER L P | ET-PI | 121,438 | $2.1M | 0.63% |
| 35 | SOUTHWEST AIRLS CO | 844741108 | 61,174 | $2.0M | 0.59% |
| 36 | JPMORGAN CHASE & CO. | VYLD | 5,765 | $1.8M | 0.55% |
| 37 | REAVES UTIL INCOME FD | 756158101 | 42,979 | $1.7M | 0.51% |
| 38 | DELL TECHNOLOGIES INC | DELL | 11,652 | $1.7M | 0.50% |
| 39 | MCDONALDS CORP | MCD | 5,188 | $1.6M | 0.48% |
| 40 | NUVEEN AMT FREE QLTY MUN INC | NU | 136,290 | $1.6M | 0.47% |
| 41 | IVANHOE ELECTRIC INC | IE | 122,950 | $1.5M | 0.47% |
| 42 | BOEING CO | BA-PA | 7,144 | $1.5M | 0.47% |
| 43 | CHEVRON CORP NEW | CVX | 9,551 | $1.5M | 0.45% |
| 44 | ELI LILLY & CO | LLY | 1,904 | $1.5M | 0.44% |
| 45 | CATERPILLAR INC | CAT | 2,865 | $1.4M | 0.41% |
| 46 | HOME DEPOT INC | HD | 3,281 | $1.3M | 0.40% |
| 47 | BAIDU INC | BAIDF | 10,050 | $1.3M | 0.40% |
| 48 | ALIBABA GROUP HLDG LTD | BBAAY | 7,316 | $1.3M | 0.40% |
| 49 | IMMUNITYBIO INC | IBRX | 519,100 | $1.3M | 0.39% |
| 50 | LAS VEGAS SANDS CORP | LVS | 22,132 | $1.2M | 0.36% |
| 51 | ALAMO GROUP INC | ALG | 6,000 | $1.1M | 0.35% |
| 52 | SHOPIFY INC | SHOP | 7,555 | $1.1M | 0.34% |
| 53 | ISHARES BITCOIN TRUST ETF | IBIT | 16,853 | $1.1M | 0.33% |
| 54 | NUVEEN QUALITY MUNCP INCOME | NU | 90,630 | $1.1M | 0.32% |
| 55 | DEERE & CO | DE | 2,040 | $932,810 | 0.28% |
| 56 | CISCO SYS INC | CSCO | 13,615 | $931,563 | 0.28% |
| 57 | URANIUM ENERGY CORP | UEC | 68,900 | $919,126 | 0.28% |
| 58 | GLOBAL X FDS | 37960A529 | 12,800 | $899,072 | 0.27% |
| 59 | TORTOISE ENERGY INFRA CORP | TYG | 20,026 | $862,903 | 0.26% |
| 60 | LYFT INC | LYFT | 38,000 | $836,380 | 0.25% |
| 61 | AT&T INC | T-PC | 27,318 | $771,449 | 0.23% |
| 62 | UPSTART HLDGS INC | UPST | 15,000 | $762,000 | 0.23% |
| 63 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1 | $754,200 | 0.23% |
| 64 | CARNIVAL CORP | CUKPF | 26,000 | $751,660 | 0.23% |
| 65 | GENIUS SPORTS LIMITED | GENI | 60,550 | $749,609 | 0.23% |
| 66 | BROADCOM INC | AVGO | 2,003 | $660,810 | 0.20% |
| 67 | CROWDSTRIKE HLDGS INC | CRWD | 1,050 | $514,899 | 0.16% |
| 68 | AEROVIRONMENT INC | AVAV | 1,625 | $511,696 | 0.15% |
| 69 | GARMIN LTD | GRMN | 2,000 | $492,440 | 0.15% |
| 70 | KINROSS GOLD CORP | KGCRF | 19,650 | $488,303 | 0.15% |
| 71 | TRANE TECHNOLOGIES PLC | TT | 1,156 | $487,786 | 0.15% |
| 72 | ISHARES TR | 464287234 | 9,000 | $480,600 | 0.15% |
| 73 | INTUITIVE SURGICAL INC | ISRG | 1,030 | $460,647 | 0.14% |
| 74 | FRANCO NEV CORP | FNV | 1,881 | $419,244 | 0.13% |
| 75 | ALPS ETF TR | 00162Q452 | 8,250 | $387,173 | 0.12% |
| 76 | UNITED PARCEL SERVICE INC | UPS | 4,591 | $383,525 | 0.12% |
| 77 | GOLDMAN SACHS GROUP INC | GSCE | 475 | $378,266 | 0.11% |
| 78 | TEMPLETON EMERGING MKTS INCO | 880192109 | 60,770 | $376,776 | 0.11% |
| 79 | STEEL DYNAMICS INC | STLD | 2,582 | $360,008 | 0.11% |
| 80 | VISA INC | V | 1,040 | $355,035 | 0.11% |
| 81 | AKAMAI TECHNOLOGIES INC | AKAM | 4,650 | $352,284 | 0.11% |
| 82 | ABBVIE INC | ABBV | 1,462 | $338,557 | 0.10% |
| 83 | FS CREDIT OPPORTUNITIES CORP | FSCO | 47,698 | $329,596 | 0.10% |
| 84 | SNOWFLAKE INC | SNOW | 1,425 | $321,409 | 0.10% |
| 85 | INVESCO GALAXY BITCOIN ETF | BTCO | 2,600 | $296,426 | 0.09% |
| 86 | ALTRIA GROUP INC | MO | 4,397 | $290,437 | 0.09% |
| 87 | NUVEEN AMT FREE MUN CR INC F | NU | 20,557 | $252,640 | 0.08% |
| 88 | ROBINHOOD MKTS INC | 770700102 | 1,756 | $251,424 | 0.08% |
| 89 | ROYAL CARIBBEAN GROUP | V7780T103 | 726 | $234,805 | 0.07% |
| 90 | VERIZON COMMUNICATIONS INC | VZ | 5,319 | $233,766 | 0.07% |
| 91 | INVESCO TR INVT GRADE MUNS | IVZ | 22,082 | $223,468 | 0.07% |
| 92 | BANK AMERICA CORP | 060505104 | 4,321 | $222,943 | 0.07% |
| 93 | MP MATERIALS CORP | MP | 3,300 | $221,331 | 0.07% |
| 94 | DOUBLELINE OPPORTUNISTIC CR | DBL | 14,090 | $219,521 | 0.07% |
| 95 | AMERICA MOVIL SAB DE CV | AMXOF | 10,000 | $210,000 | 0.06% |
| 96 | PIMCO MUN INCOME FD II | 72200W106 | 26,422 | $208,998 | 0.06% |
| 97 | MICROSTRATEGY INC | STRK | 625 | $201,381 | 0.06% |
| 98 | NUVEEN MUN HIGH INCOME OPPOR | NU | 17,531 | $185,655 | 0.06% |
| 99 | INVESCO MUN OPPORTUNITY TR | IVZ | 18,567 | $179,543 | 0.05% |
| 100 | USA RARE EARTH INC | USAR | 10,000 | $171,900 | 0.05% |
| 101 | INVESCO CALIF VALUE MUN INCO | IVZ | 16,000 | $169,440 | 0.05% |
| 102 | NUVEEN NEW YORK AMT QLT MUNI | NU | 12,145 | $123,878 | 0.04% |
| 103 | INVESCO PA VALUE MUN INC TR | IVZ | 11,000 | $113,630 | 0.03% |
| 104 | EQUINOX GOLD CORP | EQX | 10,000 | $112,061 | 0.03% |
| 105 | INVESCO QUALITY MUN INCOME T | IVZ | 11,000 | $108,350 | 0.03% |
| 106 | ARIS MNG CORP | 04040Y109 | 10,000 | $98,044 | 0.03% |