TSP Capital Management Group, LLC — 13F Holdings & Portfolio

CIK 1317208 · latest 13F-HR filed 2026-04-24

TSP Capital Management Group, LLC manages $409.8M in 13F-reported U.S. long-equity assets across 45 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are CDE (7.97%), BVN (6.10%), ADEA (5.93%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 1, added to 29, and trimmed 12.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$409.8M

Long-equity book

Holdings

45

Distinct positions

Period

2026-03-31

Filed 2026-04-24

Q/Q Activity

+1 / −1 / ↑29 / ↓12

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • COEUR MNG INC$25.1M +333.0%
  • ADEIA INC$6.9M +39.5%
  • WESTERN UN CO$6.2M +190.0%
  • AMERICAN WTR WKS CO INC NEW$6.2M +399.3%
  • NOKIA CORP$4.1M +25.7%
Show all 29

Top Trims

  • SIBANYE STILLWATER LTD-$10.4M -46.4%
  • MANNKIND CORP-$8.6M -51.2%
  • ISHARES SILVER TR-$8.1M -30.9%
  • SPDR GOLD TR-$7.3M -45.2%
  • TRILOGY METALS INC NEW-$4.8M -16.4%
Show all 12

New Positions

  • MEDTRONIC PLC$927.2K
Show all 1

Exited Positions

  • NEW GOLD INC CDA$30.6M
Show all 1
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 COEUR MNG INC CDE 192108504 $32.6M 7.97% 1,739,411 PRN
2 COMPANIA DE MINAS BUENAVENTU BVN 204448104 $25.0M 6.10% 693,133 PRN
3 ADEIA INC ADEA 00676P107 $24.3M 5.93% 1,011,627 PRN
4 TRILOGY METALS INC NEW TMQ 89621C105 $24.2M 5.92% 6,754,500 PRN
5 CIA ENERGETICA DE MINAS GERA CIG 204409601 $21.8M 5.32% 9,123,551 PRN
6 NOKIA CORP NOK 654902204 $20.1M 4.89% 2,495,192 PRN
7 ISHARES SILVER TR SLV 46428Q109 $18.1M 4.40% 264,925 PRN
8 CORTEVA INC CTVA 22052L104 $17.7M 4.32% 211,598 PRN
9 MAUI LD & PINEAPPLE INC MLP 577345101 $17.0M 4.14% 1,102,001 PRN
10 CONSOLIDATED WATER CO INC CWCO G23773107 $15.9M 3.87% 479,200 PRN
11 FREEPORT MCMORAN INC FCX 35671D857 $12.6M 3.07% 213,925 PRN
12 SIBANYE STILLWATER LTD SBSW 82575P107 $12.0M 2.92% 972,375 PRN
13 CELLDEX THERAPEUTICS INC NEW CLDX 15117B202 $11.9M 2.90% 375,127 PRN
14 NOVAVAX INC NVAX 670002401 $11.3M 2.76% 1,390,565 PRN
15 NEWMONT CORP NEM 651639106 $11.3M 2.75% 103,966 PRN
16 MIDDLESEX WTR CO MSEX 596680108 $10.9M 2.67% 210,332 PRN
17 XYLEM INC XYL 98419M100 $10.5M 2.57% 88,014 PRN
18 WESTERN UN CO WU 959802109 $9.5M 2.33% 1,091,864 PRN
19 WASTE MGMT INC DEL WM 94106L109 $9.5M 2.32% 41,465 PRN
20 GLOBAL WTR RES INC GWRS 379463102 $9.0M 2.19% 1,182,144 PRN
21 SPDR GOLD TR GLD 78463V107 $8.8M 2.14% 20,414 PRN
22 STRATASYS LTD SSYS M85548101 $8.7M 2.12% 1,110,850 PRN
23 MANNKIND CORP MNKD 56400P706 $8.2M 2.00% 3,343,975 PRN
24 AMERICAN WTR WKS CO INC NEW AWK 030420103 $7.8M 1.90% 57,210 PRN
25 WARNER BROS DISCOVERY INC WBD 934423104 $5.9M 1.44% 214,392 PRN
26 BARINGS GLOBAL SHORT DURATIO BGH 06760L100 $5.6M 1.36% 409,027 PRN
27 AMERICA MOVIL SAB DE CV AMX 02390A101 $4.8M 1.18% 189,121 PRN
28 BARINGS PARTN INVS MPV 06761A103 $4.7M 1.16% 276,559 PRN
29 XPERI INC XPER 98423J101 $4.6M 1.12% 821,294 PRN
30 MERCK & CO INC MRK 58933Y105 $4.5M 1.10% 37,594 PRN
31 KAYNE ANDERSON ENERGY INFRST KYN 486606106 $3.9M 0.94% 270,525 PRN
32 HANCOCK JOHN PFD INCOME FD HPI 41013W108 $3.2M 0.77% 201,710 PRN
33 ENBRIDGE INC ENB 29250N105 $2.4M 0.58% 44,251 PRN
34 DUKE ENERGY CORP NEW DUK 26441C204 $2.3M 0.56% 17,620 PRN
35 CORNING INC GLW 219350105 $1.7M 0.41% 12,500 PRN
36 BARINGS CORPORATE INVS MCI 06759X107 $1.4M 0.35% 82,286 PRN
37 KIMBELL RTY PARTNERS LP KRP 49435R102 $981.8K 0.24% 67,850 PRN
38 MEDTRONIC PLC MDT G5960L103 $927.2K 0.23% 10,700 PRN
39 CISCO SYS INC CSCO 17275R102 $876.8K 0.21% 11,300 PRN
40 PFIZER INC PFE 717081103 $800.3K 0.20% 28,500 PRN
41 BRISTOL-MYERS SQUIBB CO BMY 110122108 $738.4K 0.18% 12,175 PRN
42 PITNEY BOWES INC PBI 724479100 $693.9K 0.17% 62,800 PRN
43 WEYERHAEUSER CO WY 962166104 $508.4K 0.12% 20,811 PRN
44 ASSERTIO HOLDINGS INC ASRT 04546C304 $477.6K 0.12% 25,056 PRN
45 CONAGRA BRANDS INC CAG 205887102 $214.6K 0.05% 13,650 PRN
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-04-24 $409.8M 45 0001172661-26-001536
2025-12-31 2026-01-21 $409.3M 45 0001172661-26-000241