U S GLOBAL INVESTORS INC — 13F Holdings & Portfolio
CIK 754811 · latest 13F-HR filed 2026-07-27
U S GLOBAL INVESTORS INC manages $1.04B in 13F-reported U.S. long-equity assets across 146 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AAL (10.43%), UAL (10.21%), LUV (9.82%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 12 new positions, exited 20, added to 52, and trimmed 48.
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.
SAN ANTONIO, TX 78229
$1.04B
Long-equity book
146
Distinct positions
2026-06-30
Filed 2026-07-27
+12 / −20 / ↑52 / ↓48
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- SOUTHWEST AIR$39.4M +62.9%
- AMERICAN AIRLINE$39.3M +56.9%
- UNITED AIRLINES$33.9M +47.0%
- DELTA AIR LI$22.8M +29.3%
- ALLEGIANT TRAVEL$16.6M +68.4%
Top Trims
- ROYAL GOLD INC-$20.4M -98.8%
- GOLD FIELDS LTD-$13.5M -94.2%
- ANGLOGOLD ASHANTI PLC-$11.9M -93.6%
- COEUR MNG INC-$8.4M -54.0%
- AGNICO EAGLE MINES LTD-$7.3M -61.2%
New Positions
- AYA GOLD & SILVE$21.3M
- CARNIVAL CORP LTD$1.5M
- AMERICAN EXPRESS CO$1.3M
- OCEANAGOLD CORP$1.3M
- INTERNATIONAL SE$852.4K
Exited Positions
- DRDGOLD LIMITED$7.2M
- KINROSS GOLD$6.0M
- ORLA MINING LTD$4.0M
- ELEMENTAL ROYALT$2.8M
- CARNIVAL CORP$1.4M
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 | AMERICAN AIRLINE | AAL | 02376R102 | $108.4M | 10.43% | 6,001,172 | SH |
| 2 | UNITED AIRLINES | UAL | 910047109 | $106.2M | 10.21% | 780,724 | SH |
| 3 | SOUTHWEST AIR | LUV | 844741108 | $102.1M | 9.82% | 1,985,637 | SH |
| 4 | DELTA AIR LI | DAL | 247361702 | $100.7M | 9.68% | 1,075,013 | SH |
| 5 | ALLEGIANT TRAVEL | ALGT | 01748X102 | $40.8M | 3.93% | 347,245 | SH |
| 6 | FRONTIER GROUP H | ULCC | 35909R108 | $38.9M | 3.74% | 4,914,655 | SH |
| 7 | JETBLUE AIRWAYS | JBLU | 477143101 | $34.4M | 3.30% | 5,996,231 | SH |
| 8 | ALASKA AIR GROUP | ALK | 011659109 | $33.4M | 3.21% | 639,713 | SH |
| 9 | SKYWEST INC | SKYW | 830879102 | $33.1M | 3.18% | 333,087 | SH |
| 10 | SABRE CORP | SABR | 78573M104 | $20.7M | 1.99% | 9,885,943 | SH |
| 11 | TRIPADVISOR INC | TRIP | 896945201 | $19.1M | 1.84% | 1,393,974 | SH |
| 12 | EXPEDIA GROUP IN | EXPE | 30212P303 | $18.9M | 1.82% | 73,940 | SH |
| 13 | BOOKING HOLDINGS | BKNG | 09857L108 | $18.1M | 1.74% | 101,546 | SH |
| 14 | GENERAL DYNAMICS | GD | 369550108 | $16.4M | 1.58% | 46,295 | SH |
| 15 | FRANCO-NEVADA CO | FNV | 351858105 | $16.4M | 1.57% | 78,532 | SH |
| 16 | TEXTRON INC | TXT | 883203101 | $16.3M | 1.56% | 177,167 | SH |
| 17 | BOEING CO/THE | BA | 097023105 | $16.2M | 1.56% | 74,907 | SH |
| 18 | OR ROYALTIES INC | OR | 68390D106 | $15.8M | 1.52% | 498,223 | SH |
| 19 | WHEATON PRECIOUS | WPM | 962879102 | $15.7M | 1.51% | 139,426 | SH |
| 20 | AYA GOLD & SILVE | AYA | 05466C109 | $14.6M | 1.41% | 775,000 | SH |
| 21 | AMERICAS GOLD AN | USAS | 03062D803 | $11.3M | 1.09% | 2,400,000 | SH |
| 22 | LATAM AIRLINES G | LTM | 51817R205 | $9.4M | 0.90% | 161,198 | SH |
| 23 | IAMGOLD CORP | IAG | 450913108 | $9.1M | 0.88% | 575,000 | SH |
| 24 | RYANAIR HLDG-ADR | RYAAY | 783513203 | $9.0M | 0.87% | 139,753 | SH |
| 25 | VOX ROYALTY CORP | VOXR | 92919F103 | $7.2M | 0.69% | 1,512,000 | SH |
| 26 | TRIP.COM GRO-ADR | TCOM | 89677Q107 | $7.0M | 0.67% | 175,270 | SH |
| 27 | AYA GOLD & SILVE | AYA | 05466C109 | $6.6M | 0.64% | 350,000 | SH |
| 28 | HARMONY GOLD-ADR | HMY | 413216300 | $6.5M | 0.63% | 428,647 | SH |
| 29 | FORTUNA MINING C | FSM | 349942102 | $6.3M | 0.60% | 743,591 | SH |
| 30 | BARRICK MNG CORP | B | 06849F108 | $6.2M | 0.60% | 170,000 | SH |
| 31 | ENDEAVOUR SILVER | EXK | 29258Y103 | $6.2M | 0.60% | 748,000 | SH |
| 32 | ARIS MINING CORP | ARIS | 04040Y109 | $6.0M | 0.57% | 400,000 | SH |
| 33 | COEUR MNG INC | CDE | 192108504 | $5.7M | 0.55% | 349,385 | SH |
| 34 | MAKEMYTRIP LTD | MMYT | V5633W109 | $5.3M | 0.51% | 99,379 | SH |
| 35 | IAMGOLD CORP | IAG | 450913108 | $4.8M | 0.46% | 303,486 | SH |
| 36 | CENTERRA GOLD IN | CGAU | 152006102 | $4.7M | 0.46% | 300,000 | SH |
| 37 | GRUPO AEROPO-ADR | OMAB | 400501102 | $4.7M | 0.46% | 41,857 | SH |
| 38 | EMBRAER SA-ADR | EMBJ | 29082A107 | $4.7M | 0.45% | 73,982 | SH |
| 39 | AGNICO EAGLE MINES LTD | AEM | 008474108 | $4.7M | 0.45% | 30,000 | SH |
| 40 | NEWMONT CORP | NEM | 651639106 | $4.6M | 0.45% | 49,739 | SH |
| 41 | COPA HOLDIN-CL A | CPA | P31076105 | $4.6M | 0.45% | 29,833 | SH |
| 42 | PAN AMER SILVER | PAAS | 697900108 | $4.6M | 0.44% | 103,000 | SH |
| 43 | GRUPO AEROPO-ADR | ASR | 40051E202 | $4.5M | 0.43% | 14,624 | SH |
| 44 | METALLA RTY & STREAMING LTD | MTA | 59124U605 | $3.8M | 0.37% | 500,000 | SH |
| 45 | TRIPLE FLAG | TFPM | 89679M104 | $3.4M | 0.32% | 112,000 | SH |
| 46 | PAN AMERN SILVER CORP | PAAS | 697900108 | $3.3M | 0.32% | 73,555 | SH |
| 47 | AVINO SILVER | ASM | 053906103 | $3.2M | 0.31% | 510,000 | SH |
| 48 | AURA MINERALS INC | AUGO | G06973112 | $3.1M | 0.30% | 50,000 | SH |
| 49 | SSR MINING IN | SSRM | 784730103 | $3.1M | 0.30% | 110,000 | SH |
| 50 | ALAMOS GOLD INC NEW | AGI | 011532108 | $3.0M | 0.29% | 100,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-27 | $1.04B | 146 | 0001437749-26-024513 |
| 2026-03-31 | 2026-05-01 | $857.6M | 162 | 0001437749-26-014398 |
| 2025-12-31 | 2026-01-28 | $934.0M | 158 | 0001437749-26-002320 |