13F HOLDINGS REPORT

Oxbow Advisors, LLC

Quarter ended Q4 2025 · Filed February 4, 2026 · Accession 0002085853-26-000196

Total Value

$1.14B

Positions

250

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (250)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INSTL INDEX FD	922040845	1,737,812	$131.1M	11.53%
2	ISHARES GOLD TR	IAU	802,424	$65.1M	5.73%
3	ENTERPRISE PRODS PARTNERS L	293792107	1,329,085	$42.6M	3.75%
4	ALPHABET INC	GOOG	129,577	$40.7M	3.58%
5	MICROSOFT CORP	MSFT	78,151	$37.8M	3.32%
6	APPLE INC	AAPL	127,851	$34.8M	3.06%
7	MPLX LP	MPLXP	405,174	$21.6M	1.90%
8	ISHARES SILVER TR	SLV	294,396	$19.0M	1.67%
9	MOODYS CORP	MCO	34,053	$17.4M	1.53%
10	BOEING CO	BA-PA	226,779	$15.7M	1.38%
11	AGNICO EAGLE MINES LTD	AEM	86,391	$14.6M	1.29%
12	MASTERCARD INCORPORATED	MA	24,580	$14.0M	1.23%
13	VISA INC	V	38,778	$13.6M	1.20%
14	CHEVRON CORP NEW	CVX	87,234	$13.3M	1.17%
15	ROYAL GOLD INC	RGLD	58,154	$12.9M	1.14%
16	INTUIT	INTU	19,116	$12.7M	1.11%
17	UGI CORP NEW	902681105	307,934	$11.5M	1.01%
18	APA CORPORATION	APA	455,752	$11.1M	0.98%
19	BOOKING HOLDINGS INC	BKNG	2,006	$10.7M	0.95%
20	EXPEDIA GROUP INC	EXPE	37,784	$10.7M	0.94%
21	ALPS ETF TR	00162Q452	226,260	$10.6M	0.94%
22	LINCOLN NATL CORP IND	534187109	231,208	$10.3M	0.91%
23	CHENIERE ENERGY INC	LNG	50,096	$9.7M	0.86%
24	BRISTOL-MYERS SQUIBB CO	CELG-RI	179,524	$9.7M	0.85%
25	EXXON MOBIL CORP	XOM	77,863	$9.4M	0.82%
26	ETF SER SOLUTIONS	26922A321	158,927	$9.4M	0.82%
27	JOHNSON & JOHNSON	JNJ	44,948	$9.3M	0.82%
28	NUTRIEN LTD	NTR	142,981	$8.8M	0.78%
29	ENERGY TRANSFER L P	ET-PI	517,821	$8.5M	0.75%
30	HECLA MNG CO	422704106	443,630	$8.5M	0.75%
31	ARCH CAP GROUP LTD	G0450A105	84,290	$8.1M	0.71%
32	MCDONALDS CORP	MCD	25,903	$7.9M	0.70%
33	AUTOMATIC DATA PROCESSING IN	ADP	30,630	$7.9M	0.69%
34	UNILEVER PLC	UNLYF	116,901	$7.6M	0.67%
35	SPDR GOLD TR	GLD	19,114	$7.6M	0.67%
36	ISHARES TR	46434V860	147,889	$7.5M	0.66%
37	FRANCO NEV CORP	FNV	35,332	$7.3M	0.64%
38	METTLER TOLEDO INTERNATIONAL	MTD	5,208	$7.3M	0.64%
39	BHP GROUP LTD	BHPLF	119,974	$7.2M	0.64%
40	ASTRAZENECA PLC	AZN	78,288	$7.2M	0.63%
41	VALE S A	VALE	546,782	$7.1M	0.63%
42	GSK PLC	GLAXF	142,798	$7.0M	0.62%
43	CONOCOPHILLIPS	COP	74,754	$7.0M	0.62%
44	PLAINS GP HLDGS L P	PAGP	358,030	$6.9M	0.60%
45	AIRBNB INC	ABNB	50,414	$6.8M	0.60%
46	CVR PARTNERS LP	UAN	66,030	$6.8M	0.60%
47	VICI PPTYS INC	925652109	237,231	$6.7M	0.59%
48	WHEATON PRECIOUS METALS CORP	WPM	56,510	$6.6M	0.58%
49	RESMED INC	RSMDF	27,571	$6.6M	0.58%
50	VERISIGN INC	VRSN	27,014	$6.6M	0.58%
51	PRUDENTIAL FINL INC	PUKPF	57,985	$6.5M	0.58%
52	MATADOR RES CO	MTDR	152,590	$6.5M	0.57%
53	BEST BUY INC	BBY	94,051	$6.3M	0.55%
54	OREILLY AUTOMOTIVE INC	67103H107	68,299	$6.2M	0.55%
55	UBER TECHNOLOGIES INC	UBER	72,956	$6.0M	0.52%
56	TORTOISE CAPITAL SERIES TRUS	890930308	166,782	$5.9M	0.52%
57	WORKDAY INC	WDAY	26,798	$5.8M	0.51%
58	ADOBE INC	ADBE	16,148	$5.7M	0.50%
59	GILDAN ACTIVEWEAR INC	GIL	89,707	$5.6M	0.49%
60	THE CIGNA GROUP	125523100	20,281	$5.6M	0.49%
61	RIO TINTO PLC	RTNTF	68,026	$5.4M	0.48%
62	ABBVIE INC	ABBV	23,122	$5.3M	0.46%
63	SERVICENOW INC	NOW	34,291	$5.3M	0.46%
64	MEDPACE HLDGS INC	MEDP	9,198	$5.2M	0.45%
65	KINDER MORGAN INC DEL	EP-PC	185,833	$5.1M	0.45%
66	ANTERO RESOURCES CORP	AR	146,351	$5.0M	0.44%
67	EOG RES INC	EOG	47,902	$5.0M	0.44%
68	PETROLEO BRASILEIRO SA PETRO	71654V408	418,136	$5.0M	0.44%
69	VANECK ETF TRUST	92189F106	57,358	$4.9M	0.43%
70	SUNCOR ENERGY INC NEW	SU	108,612	$4.8M	0.42%
71	LYONDELLBASELL INDUSTRIES N	LYB	106,596	$4.6M	0.41%
72	MOSAIC CO NEW	MOS	190,470	$4.6M	0.40%
73	MERCADOLIBRE INC	MELI	2,242	$4.5M	0.40%
74	MCKESSON CORP	MCK	5,454	$4.5M	0.39%
75	INVESCO EXCHANGE TRADED FD T	IVZ	23,189	$4.4M	0.39%
76	REGENERON PHARMACEUTICALS	REGN	5,327	$4.1M	0.36%
77	NATIONAL ENERGY SERVICES REU	NESR	261,910	$4.1M	0.36%
78	NOVARTIS AG	NVSEF	28,508	$3.9M	0.35%
79	J P MORGAN EXCHANGE TRADED F	46641Q837	77,063	$3.9M	0.34%
80	MONSTER BEVERAGE CORP NEW	MNST	50,286	$3.9M	0.34%
81	AMERICAN ELEC PWR CO INC	025537101	33,395	$3.9M	0.34%
82	AMGEN INC	AMGN	11,618	$3.8M	0.33%
83	CATERPILLAR INC	CAT	6,620	$3.8M	0.33%
84	GALLAGHER ARTHUR J & CO	363576109	14,320	$3.7M	0.33%
85	BLACKSTONE INC	BX	24,017	$3.7M	0.33%
86	ISHARES TR	464287457	43,739	$3.6M	0.32%
87	UNION PAC CORP	UNP	15,635	$3.6M	0.32%
88	YUM BRANDS INC	YUM	22,998	$3.5M	0.31%
89	EVERGY INC	EVRG	47,891	$3.5M	0.31%
90	LOWES COS INC	548661107	14,220	$3.4M	0.30%
91	CORTEVA INC	CTVA	50,517	$3.4M	0.30%
92	ROYALTY PHARMA PLC	RPRX	86,318	$3.3M	0.29%
93	ZOOM COMMUNICATIONS INC	ZM	38,343	$3.3M	0.29%
94	MASCO CORP	MAS	51,549	$3.3M	0.29%
95	WALMART INC	WMT	28,671	$3.2M	0.28%
96	PRIMERICA INC	PRI	12,270	$3.2M	0.28%
97	GRACO INC	GGG	38,515	$3.2M	0.28%
98	DTE ENERGY CO	DTK	24,383	$3.1M	0.28%
99	COLGATE PALMOLIVE CO	CL	39,659	$3.1M	0.28%
100	ARCHER DANIELS MIDLAND CO	ADM	54,321	$3.1M	0.27%
101	CROWN HLDGS INC	CCK	30,120	$3.1M	0.27%
102	DOMINOS PIZZA INC	DPZ	7,394	$3.1M	0.27%
103	CHECK POINT SOFTWARE TECH LT	M22465104	16,220	$3.0M	0.26%
104	AUTODESK INC	ADSK	9,960	$2.9M	0.26%
105	ZSCALER INC	ZS	13,068	$2.9M	0.26%
106	WILLIAMS COS INC	969457100	48,388	$2.9M	0.26%
107	BROADCOM INC	AVGO	8,343	$2.9M	0.25%
108	OTIS WORLDWIDE CORP	OTIS	31,706	$2.8M	0.24%
109	CLEARBRIDGE ENERGY MIDSTRM O	18469P209	58,484	$2.6M	0.23%
110	INVESCO QQQ TR	IVZ	4,227	$2.6M	0.23%
111	VANGUARD INDEX FDS	922908769	7,630	$2.6M	0.23%
112	WISDOMTREE TR	WT	28,481	$2.5M	0.22%
113	VANGUARD INDEX FDS	922908363	3,933	$2.5M	0.22%
114	NVIDIA CORPORATION	NVDA	13,195	$2.5M	0.22%
115	ALPHABET INC	GOOG	7,639	$2.4M	0.21%
116	NEW GOLD INC CDA	644535106	272,360	$2.4M	0.21%
117	ALAMOS GOLD INC NEW	AGI	58,474	$2.3M	0.20%
118	SPDR S&P 500 ETF TR	SPY	3,119	$2.1M	0.19%
119	ISHARES TR	464287168	14,754	$2.1M	0.18%
120	PLAINS ALL AMERN PIPELINE L	726503105	113,932	$2.0M	0.18%
121	COSTCO WHSL CORP NEW	22160K105	2,188	$1.9M	0.17%
122	WASTE MGMT INC DEL	94106L109	8,175	$1.8M	0.16%
123	AMAZON COM INC	AMZN	7,681	$1.8M	0.16%
124	JACKSON FINANCIAL INC	JXN-PA	15,875	$1.7M	0.15%
125	GOLD FIELDS LTD	GFIOF	38,675	$1.7M	0.15%
126	VENTAS INC	VTR	21,318	$1.6M	0.15%
127	VANGUARD WORLD FD	921910816	3,920	$1.6M	0.14%
128	PROCTER AND GAMBLE CO	742718109	10,537	$1.5M	0.13%
129	PEPSICO INC	PEP	10,225	$1.5M	0.13%
130	PACER FDS TR	69374H667	24,468	$1.3M	0.12%
131	SPROTT ASSET MANAGEMENT LP	SII	40,275	$1.3M	0.12%
132	INTERNATIONAL BUSINESS MACHS	INTR	4,363	$1.3M	0.11%
133	VANGUARD INDEX FDS	922908751	4,484	$1.2M	0.10%
134	BERKSHIRE HATHAWAY INC DEL	BRK-A	2,241	$1.1M	0.10%
135	KROGER CO	KR	17,507	$1.1M	0.10%
136	BARRICK MNG CORP	06849F108	24,705	$1.1M	0.09%
137	ETF SER SOLUTIONS	26922B667	29,317	$1.0M	0.09%
138	RBB FD INC	74933W452	20,371	$1.0M	0.09%
139	ABBOTT LABS	ABLZF	8,075	$1.0M	0.09%
140	ANGLOGOLD ASHANTI PLC	AU	11,458	$977,138	0.09%
141	MOTOROLA SOLUTIONS INC	MSI	2,545	$975,549	0.09%
142	VANGUARD INDEX FDS	922908629	3,205	$930,155	0.08%
143	STELLAR BANCORP INC	STEL	28,368	$877,706	0.08%
144	HOME DEPOT INC	HD	2,537	$872,818	0.08%
145	SPROTT ASSET MANAGEMENT LP	SII	36,613	$865,897	0.08%
146	ONEOK INC NEW	OKE	11,523	$846,926	0.07%
147	PINNACLE FINL PARTNERS INC	72346Q104	8,750	$834,838	0.07%
148	SSR MINING IN	SSRGF	35,230	$772,421	0.07%
149	BERKSHIRE HATHAWAY INC DEL	BRK-A	1	$754,800	0.07%
150	VANECK ETF TRUST	92189F791	6,478	$737,067	0.06%
151	MGIC INVT CORP WIS	552848103	25,000	$730,500	0.06%
152	UNITEDHEALTH GROUP INC	UNH	2,198	$725,582	0.06%
153	ISHARES TR	464287689	1,835	$709,870	0.06%
154	SYSCO CORP	SYY	9,600	$707,424	0.06%
155	VITESSE ENERGY INC	VTS	36,371	$700,505	0.06%
156	GRAYSCALE BITCOIN TRUST ETF	GBTC	10,000	$683,600	0.06%
157	FIRST MAJESTIC SILVER CORP	AG	40,472	$674,264	0.06%
158	TC ENERGY CORP	TRPRF	12,181	$670,077	0.06%
159	SPROTT ASSET MANAGEMENT LP	SII	14,306	$655,204	0.06%
160	AMERICAN EXPRESS CO	AXP	1,672	$618,629	0.05%
161	CISCO SYS INC	CSCO	7,819	$602,287	0.05%
162	SCHWAB STRATEGIC TR	808524797	21,455	$588,499	0.05%
163	BANK AMERICA CORP	060505104	10,371	$570,421	0.05%
164	SUNOCO LP/SUNOCO FIN CORP	SUN	10,595	$555,284	0.05%
165	PAN AMERN SILVER CORP	697900108	10,662	$552,398	0.05%
166	NUVEEN AMT FREE MUN CR INC F	NU	43,535	$551,153	0.05%
167	KINROSS GOLD CORP	KGCRF	19,315	$543,910	0.05%
168	REPUBLIC SVCS INC	760759100	2,527	$535,554	0.05%
169	ORACLE CORP	ORCL-PD	2,697	$525,589	0.05%
170	SOUTHWEST AIRLS CO	844741108	12,706	$525,152	0.05%
171	VANGUARD INDEX FDS	922908736	1,070	$522,010	0.05%
172	GLOBAL X FDS	37954Y848	5,954	$497,278	0.04%
173	ISHARES TR	464287242	4,511	$497,107	0.04%
174	KIMBERLY-CLARK CORP	KMB	4,815	$485,785	0.04%
175	VANGUARD WELLINGTON FD	921935870	4,667	$474,051	0.04%
176	GAMCO GLOBAL GOLD NAT RES &	36465A109	91,750	$473,430	0.04%
177	VIZSLA SILVER CORP	VZLA	86,120	$471,076	0.04%
178	ABRDN ASIA PACIFIC INCOME FU	ABAKF	30,509	$468,008	0.04%
179	JPMORGAN CHASE & CO.	VYLD	1,417	$456,741	0.04%
180	3M CO	MMM	2,828	$452,763	0.04%
181	EXPAND ENERGY CORPORATION	EXE	4,008	$442,344	0.04%
182	WELLS FARGO CO NEW	949746804	364	$440,654	0.04%
183	VIPER ENERGY INC	VNOM	11,296	$436,346	0.04%
184	DIMENSIONAL ETF TRUST	25434V708	10,907	$431,807	0.04%
185	SPDR SERIES TRUST	78464A755	4,075	$422,211	0.04%
186	TARGET CORP	TGT	4,232	$413,678	0.04%
187	ISHARES TR	464287481	3,007	$411,827	0.04%
188	BANK AMERICA CORP	060505682	329	$411,550	0.04%
189	MAGNUM ICE CREAM CO NV	MICC	25,964	$411,529	0.04%
190	TEXAS PACIFIC LAND CORPORATI	TPL	1,431	$411,097	0.04%
191	VANGUARD INDEX FDS	922908637	1,249	$393,185	0.03%
192	VALERO ENERGY CORP	VLO	2,331	$379,496	0.03%
193	VANGUARD INDEX FDS	922908512	2,096	$371,768	0.03%
194	COCA COLA CONS INC	COKE	2,380	$364,854	0.03%
195	TJX COS INC NEW	872540109	2,362	$362,827	0.03%
196	MARATHON PETE CORP	MARA	2,178	$354,238	0.03%
197	GENERAL MLS INC	370334104	7,604	$353,586	0.03%
198	META PLATFORMS INC	META	530	$350,077	0.03%
199	MERCK & CO INC	MRK	3,283	$345,575	0.03%
200	B2GOLD CORP	BTG	76,485	$344,947	0.03%
201	BOEING CO	BA-PA	1,565	$339,793	0.03%
202	EQT CORP	EQT	6,258	$335,451	0.03%
203	GE AEROSPACE	369604301	1,064	$327,744	0.03%
204	FREEPORT-MCMORAN INC	FCX	6,377	$323,888	0.03%
205	VANGUARD SCOTTSDALE FDS	92206C730	1,040	$321,402	0.03%
206	CLOROX CO DEL	CLX	3,184	$321,043	0.03%
207	NETFLIX INC	NFLX	3,420	$320,659	0.03%
208	ALLIANT ENERGY CORP	LNT	4,916	$319,589	0.03%
209	DUKE ENERGY CORP NEW	DUKB	2,649	$310,489	0.03%
210	FIRST TR EXCHANGE-TRADED FD	33733E807	12,553	$293,867	0.03%
211	WW GRAINGER INC	384802104	290	$292,625	0.03%
212	OCCIDENTAL PETE CORP	674599105	7,045	$289,690	0.03%
213	GAMCO NAT RES GOLD & INCOME	36465E101	38,450	$286,453	0.03%
214	EQUINOX GOLD CORP	EQX	19,455	$273,148	0.02%
215	HONEYWELL INTL INC	438516106	1,399	$272,962	0.02%
216	ALLIANCE RESOURCE PARTNERS L	ARLP	11,695	$271,675	0.02%
217	WEC ENERGY GROUP INC	WEC	2,553	$269,239	0.02%
218	PHILIP MORRIS INTL INC	718172109	1,655	$265,462	0.02%
219	ISHARES TR	464287614	549	$259,795	0.02%
220	SABINE RTY TR	785688102	3,768	$258,372	0.02%
221	ISHARES TR	464288661	2,146	$256,098	0.02%
222	PROSHARES TR	74349Y753	7,047	$253,903	0.02%
223	WELLS FARGO CO NEW	949746101	2,707	$252,313	0.02%
224	ISHARES TR	464287432	2,860	$249,278	0.02%
225	AMPLIFY ETF TR	032108649	8,695	$240,591	0.02%
226	GLOBAL X FDS	37954Y830	3,350	$240,497	0.02%
227	EASTGROUP PPTYS INC	277276101	1,350	$240,489	0.02%
228	ISHARES INC	46434G855	3,227	$237,636	0.02%
229	ARROWMARK FINANCIAL CORP	BANX	10,890	$237,620	0.02%
230	PROSHARES TR	74348A467	2,283	$237,617	0.02%
231	SEABRIDGE GOLD INC	SA	7,935	$234,797	0.02%
232	PUBLIC STORAGE OPER CO	PSA-PS	883	$229,139	0.02%
233	NEWMONT CORP	NEMCL	2,284	$228,085	0.02%
234	ISHARES TR	464287200	321	$219,866	0.02%
235	TARGA RES CORP	TRGP	1,162	$214,389	0.02%
236	SHERWIN WILLIAMS CO	SHW	660	$213,860	0.02%
237	ISHARES TR	464288687	6,855	$212,231	0.02%
238	ISHARES TR	464287663	2,061	$211,335	0.02%
239	INVESCO EXCH TRADED FD TR II	IVZ	18,302	$205,711	0.02%
240	APPLIED MATLS INC	038222105	800	$205,592	0.02%
241	SUBURBAN PROPANE PARTNERS L	SPH	11,080	$205,423	0.02%
242	DANAHER CORPORATION	235851102	885	$202,594	0.02%
243	VANGUARD WHITEHALL FDS	921946406	1,397	$200,497	0.02%
244	CALAMOS CONV & HIGH INCOME F	12811P108	17,500	$197,925	0.02%
245	ADVENT CONV & INCOME FD	00764C109	14,696	$184,288	0.02%
246	PIMCO DYNAMIC INCOME FD	72201Y101	10,075	$178,428	0.02%
247	ABRDN INCOME CREDIT STRATEGI	ACP-PA	27,604	$149,338	0.01%
248	ABRDN TOTAL DYNAMIC DIVIDEND	AOD	15,115	$147,371	0.01%
249	NUVEEN MUN VALUE FD INC	NU	14,839	$134,441	0.01%
250	EATON VANCE SR FLTNG RTE TR	ETN	11,500	$128,110	0.01%