McAlvany Wealth Management LLC — 13F Holdings & Portfolio
CIK 2123857 · latest 13F-HR filed 2026-10-29
McAlvany Wealth Management LLC manages $164.7M in 13F-reported U.S. long-equity assets across 47 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are RGLD (8.47%), GLDM (6.89%), AEM (5.12%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 2 new positions and exited 3; 31 existing positions rose in reported value and 4 fell.
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.
Long-equity book
Distinct positions
Filed 2026-10-29
vs 2026-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q2 26 → Q3 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 47.7%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Sep 2, 2026.
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| DAVID S. MCALVANY IRREVOCABLE TRUST Control | LIMITED PARTNER since Aug 2011 | 25–50% | Domestic Entity |
| DRAPER, ROBERT, KEITH Control | CHIEF COMPLIANCE OFFICER since Jan 2018 | Less than 5% | Individual |
| MCALVANY, DAVID, SCOTT Control | GENERAL PARTNER/TRUSTEE OF DAVID S. MCALVANY IRREVOCABLE TRUST since Aug 2011 | 50–75% | Individual |
| MCALVANY, DAVID, SCOTT Control Indirect owner via DAVID S. MCALVANY IRREVOCABLE TRUST | TRUSTEE since Nov 2008 | 75% or more | Individual |
Ownership & leadership changes · 4 filings with changes since Mar 26, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- No longer listedEASTERN AMERICAN TRUST · LIMITED PARTNER · 10–25% · listed since Aug 2011
- No longer listedMCALVANY, DONALD, STEPHEN · GENERAL PARTNER/TRUSTEE OF EASTERN AMERICAN TRUST · Less than 5% · control person · listed since Aug 2011
- No longer listedMCALVANY, DONALD, STEPHEN · TRUSTEE · 75% or more · indirect via EASTERN AMERICAN TRUST · control person · listed since Oct 1996
- No longer listedMONSOUR, THEODORE, GEORGE · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Mar 2016
- AddedDRAPER, ROBERT, KEITH · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- No longer listedFRIHAUF, BENJAMIN, CHARLES · CHIEF COMPLIANCE OFFICER/VICE PRESIDENT · Less than 5% · listed since Feb 2009
- AddedMONSOUR, THEODORE, GEORGE · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ListedDAVID S. MCALVANY IRREVOCABLE TRUST · LIMITED PARTNER · 25–50% · control person
- ListedEASTERN AMERICAN TRUST · LIMITED PARTNER · 10–25%
- ListedFRIHAUF, BENJAMIN, CHARLES · CHIEF COMPLIANCE OFFICER/VICE PRESIDENT · Less than 5%
- ListedMCALVANY, DAVID, SCOTT · GENERAL PARTNER/TRUSTEE OF DAVID S. MCALVANY IRREVOCABLE TRUST · 50–75% · control person
- ListedMCALVANY, DAVID, SCOTT · TRUSTEE · 75% or more · indirect via DAVID S. MCALVANY IRREVOCABLE TRUST · control person
- ListedMCALVANY, DONALD, STEPHEN · GENERAL PARTNER/TRUSTEE OF EASTERN AMERICAN TRUST · Less than 5% · control person
- ListedMCALVANY, DONALD, STEPHEN · TRUSTEE · 75% or more · indirect via EASTERN AMERICAN TRUST · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- ROYAL GOLD INC$3.2M +30.2%
- AGNICO EAGLE MINES LTD$2.7M +46.4%
- B2GOLD CORP$2.2M +49.1%
- ALAMOS GOLD INC$2.1M +57.5%
- EQUINOX GOLD CORP$1.9M +1926.8%
Top Trims
- EQT CORP-$355.5K -8.2%
- CAMECO CORP-$156.2K -16.5%
- EXPAND ENERGY CORPORATION-$109.1K -6.4%
- BIT DIGITAL INC-$2.3K -9.4%
McAlvany Wealth Management LLC Holdings (2026-09-30)
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 | ROYAL GOLD INC | RGLD | 780287108 | $14.0M | 8.47% | 59,133 | SH |
| 2 | WORLD GOLD TR | GLDM | 98149E303 | $11.4M | 6.89% | 138,170 | SH |
| 3 | AGNICO EAGLE MINES LTD | AEM | 008474108 | $8.4M | 5.12% | 45,995 | SH |
| 4 | ISHARES SILVER TR | SLV | 46428Q109 | $7.7M | 4.69% | 141,649 | SH |
| 5 | B2GOLD CORP | BTG | 11777Q209 | $6.7M | 4.06% | 1,280,793 | SH |
| 6 | CONOCOPHILLIPS | COP | 20825C104 | $6.6M | 3.98% | 52,353 | SH |
| 7 | AMPLIFY ETF TR | SILJ | 032108649 | $6.3M | 3.85% | 232,613 | SH |
| 8 | TRIPLE FLAG PRECIOUS METAL | TFPM | 89679M104 | $6.3M | 3.80% | 203,134 | SH |
| 9 | RANGE RES CORP | RRC | 75281A109 | $5.6M | 3.42% | 152,171 | SH |
| 10 | ALAMOS GOLD INC | AGI | 011532108 | $5.6M | 3.42% | 173,849 | SH |
| 11 | FRANCO NEV CORP | FNV | 351858105 | $5.6M | 3.40% | 23,502 | SH |
| 12 | I-80 GOLD CORP | IAUX | 44955L106 | $5.2M | 3.18% | 3,155,013 | SH |
| 13 | VOX ROYALTY CORP | VOXR | 92919F103 | $4.6M | 2.77% | 908,908 | SH |
| 14 | WHEATON PRECIOUS METALS CORP | WPM | 962879102 | $4.2M | 2.57% | 31,685 | SH |
| 15 | EQT CORP | EQT | 26884L109 | $4.0M | 2.43% | 82,270 | SH |
| 16 | CHEVRON CORPORATION | CVX | 166764100 | $3.8M | 2.32% | 18,692 | SH |
| 17 | SPDR GOLD TR | GLD | 78463V107 | $3.7M | 2.25% | 9,726 | SH |
| 18 | RILEY EXPLORATION PERMIAN IN | REPX | 76665T102 | $3.6M | 2.18% | 89,637 | SH |
| 19 | OR ROYALTIES INC. | OR | 68390D106 | $3.5M | 2.13% | 101,963 | SH |
| 20 | CRESCENT ENERGY COMPANY | CRGY | 44952J104 | $3.4M | 2.07% | 264,258 | SH |
| 21 | NUTRIEN LTD | NTR | 67077M108 | $3.3M | 2.00% | 46,896 | SH |
| 22 | EXXONMOBIL HOLDINGS CORP | XOM | 30233Q108 | $3.2M | 1.96% | 19,861 | SH |
| 23 | SOUTHERN COPPER CORP | SCCO | 84265V105 | $3.1M | 1.85% | 15,062 | SH |
| 24 | ENTERPRISE PRODS PARTNERS L | EPD | 293792107 | $3.0M | 1.84% | 85,220 | SH |
| 25 | PAN AMERN SILVER CORP | PAAS | 697900108 | $3.0M | 1.81% | 65,400 | SH |
| 26 | BARRICK MNG CORP | B | 06849F108 | $2.7M | 1.65% | 66,729 | SH |
| 27 | WOODSIDE ENERGY GROUP LTD | WDS | 980228308 | $2.4M | 1.49% | 110,407 | SH |
| 28 | ENBRIDGE INC | ENB | 29250N105 | $2.3M | 1.38% | 48,826 | SH |
| 29 | CANADIAN NAT RES LTD MED TER | CNQ | 136385101 | $2.2M | 1.36% | 47,702 | SH |
| 30 | EQUINOX GOLD CORP | EQX | 29446Y502 | $2.0M | 1.21% | 178,797 | SH |
| 31 | NEWMONT CORP | NEM | 651639106 | $1.9M | 1.17% | 16,730 | SH |
| 32 | ABRDN PLATINUM ETF TRUST | PPLT | 003260106 | $1.9M | 1.14% | 122,206 | SH |
| 33 | GLOBAL X FDS | CLIP | 37960A438 | $1.9M | 1.13% | 18,472 | SH |
| 34 | NOBLE CORP PLC | NE | G65431127 | $1.8M | 1.07% | 42,077 | SH |
| 35 | EXPAND ENERGY CORPORATION | EXE | 165167735 | $1.6M | 0.97% | 19,045 | SH |
| 36 | METALLA RTY & STREAMING LTD | MTA | 59124U605 | $1.4M | 0.86% | 151,183 | SH |
| 37 | VIPER ENERGY INC | VNOM | 64361Q101 | $1.1M | 0.69% | 28,401 | SH |
| 38 | ENERGY TRANSFER L P | ET | 29273V100 | $1.0M | 0.62% | 51,708 | SH |
| 39 | RIO TINTO PLC | RIO | 767204100 | $873.0K | 0.53% | 9,271 | SH |
| 40 | VANECK ETF TRUST | GDX | 92189F106 | $828.5K | 0.50% | 9,436 | SH |
| 41 | CAMECO CORP | CCJ | 13321L108 | $788.9K | 0.48% | 9,102 | SH |
| 42 | SPROTT ASSET MANAGEMENT LP | CEF | 85208R101 | $705.3K | 0.43% | 16,980 | SH |
| 43 | ISHARES GOLD TR | IAU | 464285204 | $525.5K | 0.32% | 6,729 | SH |
| 44 | SPDR INDEX SHS FDS | GNR | 78463X541 | $456.5K | 0.28% | 6,172 | SH |
| 45 | INTEGRA RES CORP | ITRG | 45826T509 | $265.4K | 0.16% | 103,268 | SH |
| 46 | DAKOTA GOLD CORP | DC | 46655E100 | $184.5K | 0.11% | 30,297 | SH |
| 47 | BIT DIGITAL INC | BTBT | G1144A105 | $22.0K | 0.01% | 13,500 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-29 | $164.7M | 47 | 0002123857-26-000006 |
| 2026-06-30 | 2026-07-23 | $133.7M | 48 | 0002123857-26-000004 |
| 2026-03-31 | 2026-05-06 | $148.5M | 41 | 0002123857-26-000003 |
| 2026-03-31 | 2026-04-15 | $148.6M | 42 | 0002123857-26-000002 |
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