13F HOLDINGS REPORT
Kercheville Advisors, LLC
Quarter ended Q4 2025 · Filed January 29, 2026 · Accession 0002085853-26-000140
Total Value
$381.7M
Positions
117
Other Managers
0
Confidential Omitted
No
Holdings (117)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | AGNICO EAGLE MINES LTD | AEM | 105,830 | $22.6M | 5.92% |
| 2 | AMAZON COM INC | AMZN | 95,901 | $22.5M | 5.89% |
| 3 | NVIDIA CORPORATION | NVDA | 116,025 | $21.4M | 5.62% |
| 4 | ALPHABET INC | GOOG | 58,374 | $19.3M | 5.06% |
| 5 | APPLE INC | AAPL | 70,547 | $17.5M | 4.59% |
| 6 | VANECK ETF TRUST | 92189F106 | 145,722 | $15.3M | 4.02% |
| 7 | CELSIUS HLDGS INC | CELH | 243,993 | $13.5M | 3.53% |
| 8 | META PLATFORMS INC | META | 20,507 | $13.3M | 3.48% |
| 9 | VANECK ETF TRUST | 92189F791 | 91,891 | $13.1M | 3.42% |
| 10 | COSTCO WHSL CORP NEW | 22160K105 | 12,200 | $11.9M | 3.12% |
| 11 | ALPHABET INC | GOOG | 31,398 | $10.4M | 2.72% |
| 12 | SUNOCO LP/SUNOCO FIN CORP | SUN | 154,083 | $8.8M | 2.30% |
| 13 | TESLA INC | TSLA | 18,365 | $8.3M | 2.16% |
| 14 | EXXON MOBIL CORP | XOM | 61,674 | $8.2M | 2.16% |
| 15 | MICROSOFT CORP | MSFT | 17,216 | $7.8M | 2.03% |
| 16 | NETFLIX INC | NFLX | 91,098 | $7.6M | 1.99% |
| 17 | MPLX LP | MPLXP | 131,336 | $7.3M | 1.91% |
| 18 | WALMART INC | WMT | 61,230 | $7.2M | 1.89% |
| 19 | BLOOM ENERGY CORP | BE | 48,215 | $7.0M | 1.84% |
| 20 | CAMECO CORP | CCJ | 50,037 | $6.1M | 1.60% |
| 21 | PALANTIR TECHNOLOGIES INC | PLTR | 33,990 | $5.6M | 1.48% |
| 22 | SOUTHWEST AIRLS CO | 844741108 | 129,524 | $5.5M | 1.44% |
| 23 | SOFI TECHNOLOGIES INC | SOFI | 209,965 | $5.5M | 1.44% |
| 24 | ADVANCED MICRO DEVICES INC | AMD | 20,760 | $5.3M | 1.38% |
| 25 | BLACKSTONE INC | BX | 33,851 | $5.2M | 1.37% |
| 26 | GE VERNOVA INC | GEV | 7,907 | $5.2M | 1.37% |
| 27 | ISHARES SILVER TR | SLV | 57,500 | $5.0M | 1.31% |
| 28 | IMMUNITYBIO INC | IBRX | 584,174 | $4.3M | 1.12% |
| 29 | ELI LILLY & CO | LLY | 3,776 | $4.1M | 1.08% |
| 30 | ALIBABA GROUP HLDG LTD | BBAAY | 21,506 | $3.8M | 1.00% |
| 31 | ALAMOS GOLD INC NEW | AGI | 85,301 | $3.6M | 0.94% |
| 32 | SPDR GOLD TR | GLD | 7,719 | $3.5M | 0.91% |
| 33 | UBER TECHNOLOGIES INC | UBER | 39,785 | $3.3M | 0.86% |
| 34 | STARBUCKS CORP | SBUX | 33,572 | $3.2M | 0.84% |
| 35 | MICRON TECHNOLOGY INC | MU | 8,000 | $3.2M | 0.83% |
| 36 | BAIDU INC | BAIDF | 18,275 | $3.0M | 0.78% |
| 37 | SYNOPSYS INC | SNPS | 4,981 | $2.5M | 0.66% |
| 38 | URANIUM ENERGY CORP | UEC | 120,900 | $2.4M | 0.63% |
| 39 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 4,866 | $2.4M | 0.62% |
| 40 | SPDR SERIES TRUST | 78464A870 | 17,720 | $2.3M | 0.61% |
| 41 | IVANHOE ELECTRIC INC | IE | 114,600 | $2.2M | 0.57% |
| 42 | ISHARES BITCOIN TRUST ETF | IBIT | 40,745 | $2.1M | 0.54% |
| 43 | JPMORGAN CHASE & CO. | VYLD | 6,195 | $1.9M | 0.49% |
| 44 | CATERPILLAR INC | CAT | 2,875 | $1.9M | 0.49% |
| 45 | CAVA GROUP INC | CAVA | 27,600 | $1.8M | 0.48% |
| 46 | REAVES UTIL INCOME FD | 756158101 | 47,990 | $1.8M | 0.48% |
| 47 | SLB LIMITED | SLB | 34,000 | $1.7M | 0.44% |
| 48 | NUVEEN AMT FREE QLTY MUN INC | NU | 141,416 | $1.6M | 0.43% |
| 49 | MCDONALDS CORP | MCD | 5,118 | $1.6M | 0.41% |
| 50 | BOEING CO | BA-PA | 6,079 | $1.5M | 0.40% |
| 51 | CHEVRON CORP NEW | CVX | 8,838 | $1.5M | 0.39% |
| 52 | LAS VEGAS SANDS CORP | LVS | 23,383 | $1.4M | 0.37% |
| 53 | ENTERPRISE PRODS PARTNERS L | 293792107 | 40,700 | $1.4M | 0.35% |
| 54 | PIMCO ETF TR | 72201R585 | 46,560 | $1.2M | 0.33% |
| 55 | HOME DEPOT INC | HD | 3,175 | $1.2M | 0.32% |
| 56 | AEROVIRONMENT INC | AVAV | 3,875 | $1.2M | 0.32% |
| 57 | ENERGY TRANSFER L P | ET-PI | 64,417 | $1.2M | 0.31% |
| 58 | ALAMO GROUP INC | ALG | 6,000 | $1.2M | 0.30% |
| 59 | NUVEEN QUALITY MUNCP INCOME | NU | 92,706 | $1.1M | 0.29% |
| 60 | DEERE & CO | DE | 2,040 | $1.1M | 0.28% |
| 61 | CISCO SYS INC | CSCO | 13,715 | $1.0M | 0.27% |
| 62 | DELL TECHNOLOGIES INC | DELL | 8,652 | $1.0M | 0.27% |
| 63 | SHOPIFY INC | SHOP | 7,360 | $1.0M | 0.27% |
| 64 | TORTOISE ENERGY INFRA CORP | TYG | 21,343 | $971,534 | 0.25% |
| 65 | USA RARE EARTH INC | USAR | 37,200 | $844,812 | 0.22% |
| 66 | VIKING HOLDINGS LTD | VIK | 11,000 | $766,590 | 0.20% |
| 67 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1 | $726,200 | 0.19% |
| 68 | BROADCOM INC | AVGO | 2,190 | $712,823 | 0.19% |
| 69 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 2,050 | $671,109 | 0.18% |
| 70 | FTAI AVIATION LTD | FTAIN | 2,200 | $645,678 | 0.17% |
| 71 | UNITED PARCEL SERVICE INC | UPS | 5,440 | $594,580 | 0.16% |
| 72 | SELECT SECTOR SPDR TR | 81369Y886 | 13,001 | $555,258 | 0.15% |
| 73 | CITIGROUP INC | C-PR | 4,245 | $490,977 | 0.13% |
| 74 | KINROSS GOLD CORP | KGCRF | 13,400 | $490,976 | 0.13% |
| 75 | FRANCO NEV CORP | FNV | 1,881 | $485,931 | 0.13% |
| 76 | WESTERN MIDSTREAM PARTNERS L | WES | 11,400 | $465,462 | 0.12% |
| 77 | NUVEEN AMT FREE MUN CR INC F | NU | 36,586 | $461,712 | 0.12% |
| 78 | STEEL DYNAMICS INC | STLD | 2,582 | $461,687 | 0.12% |
| 79 | AMPHENOL CORP NEW | 032095101 | 3,000 | $457,500 | 0.12% |
| 80 | GOLDMAN SACHS GROUP INC | GSCE | 475 | $453,459 | 0.12% |
| 81 | AKAMAI TECHNOLOGIES INC | AKAM | 4,650 | $451,190 | 0.12% |
| 82 | TRANE TECHNOLOGIES PLC | TT | 1,156 | $450,990 | 0.12% |
| 83 | TEMPLETON EMERGING MKTS INCO | 880192109 | 63,172 | $420,095 | 0.11% |
| 84 | MERCK & CO INC | MRK | 3,800 | $414,884 | 0.11% |
| 85 | GARMIN LTD | GRMN | 2,000 | $412,240 | 0.11% |
| 86 | NOVO-NORDISK A S | NONOF | 6,300 | $392,049 | 0.10% |
| 87 | ALPS ETF TR | 00162Q452 | 7,820 | $384,588 | 0.10% |
| 88 | SHAKE SHACK INC | SHAK | 4,000 | $370,360 | 0.10% |
| 89 | AT&T INC | T-PC | 14,414 | $339,888 | 0.09% |
| 90 | VISA INC | V | 1,040 | $339,414 | 0.09% |
| 91 | ABBVIE INC | ABBV | 1,463 | $319,192 | 0.08% |
| 92 | GE AEROSPACE | 369604301 | 1,050 | $309,750 | 0.08% |
| 93 | INTEL CORP | INTC | 5,331 | $289,555 | 0.08% |
| 94 | ALTRIA GROUP INC | MO | 4,408 | $269,000 | 0.07% |
| 95 | MCEWEN INC. | MUX | 10,000 | $261,400 | 0.07% |
| 96 | INTUITIVE SURGICAL INC | ISRG | 495 | $260,276 | 0.07% |
| 97 | CROWDSTRIKE HLDGS INC | CRWD | 560 | $254,111 | 0.07% |
| 98 | FIRST TR EXCHNG TRADED FD VI | 33740F631 | 5,700 | $248,320 | 0.07% |
| 99 | BAKER HUGHES COMPANY | BKR | 4,500 | $245,070 | 0.06% |
| 100 | UPSTART HLDGS INC | UPST | 5,000 | $231,400 | 0.06% |
| 101 | KRATOS DEFENSE & SEC SOLUTIO | 50077B207 | 2,000 | $227,700 | 0.06% |
| 102 | CAPITAL GRP FIXED INCM ETF T | 14020Y409 | 8,720 | $227,069 | 0.06% |
| 103 | INVESCO TR INVT GRADE MUNS | IVZ | 22,112 | $226,206 | 0.06% |
| 104 | ISHARES INC | 464286772 | 1,950 | $226,181 | 0.06% |
| 105 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 4,037 | $221,772 | 0.06% |
| 106 | IREN LIMITED | IREN | 4,200 | $219,492 | 0.06% |
| 107 | ROYAL CARIBBEAN GROUP | V7780T103 | 765 | $218,441 | 0.06% |
| 108 | FREEPORT-MCMORAN INC | FCX | 3,530 | $207,742 | 0.05% |
| 109 | VERIZON COMMUNICATIONS INC | VZ | 5,241 | $206,930 | 0.05% |
| 110 | PIMCO MUN INCOME FD II | 72200W106 | 26,422 | $199,222 | 0.05% |
| 111 | DOUBLELINE OPPORTUNISTIC CR | DBL | 12,607 | $190,681 | 0.05% |
| 112 | NUVEEN MUN HIGH INCOME OPPOR | NU | 17,563 | $181,777 | 0.05% |
| 113 | INVESCO MUN OPPORTUNITY TR | IVZ | 18,567 | $179,357 | 0.05% |
| 114 | INVESCO QUALITY MUN INCOME T | IVZ | 16,000 | $159,520 | 0.04% |
| 115 | INVESCO CALIF VALUE MUN INCO | IVZ | 13,000 | $143,650 | 0.04% |
| 116 | NUVEEN NEW YORK AMT QLT MUNI | NU | 12,259 | $124,796 | 0.03% |
| 117 | INVESCO PA VALUE MUN INC TR | IVZ | 11,000 | $116,380 | 0.03% |