# Merk Investments LLC: Form 13F holdings

An institutional investment manager in PALO ALTO, CA. SEC CIK 1302842.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $313.5m
- Positions: 11 (11 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1302842/000142050626001784/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [AMERICAS GOLD AND SILVER COR (USAS)](/companies/usas.md) | COM NEW | $91.5m | 29.2% | 19,392,000 |  | Unchanged |
| ORLA MNG LTD NEW | COM | $68.5m | 21.9% | 7,000,000 |  | Added +800,000 |
| [EQUINOX GOLD CORP (EQX)](/companies/eqx.md) | COM | $47.7m | 15.2% | 4,900,000 |  | Unchanged |
| [NEW FOUND GOLD CORP (NFGC)](/companies/nfgc.md) | COM | $25.2m | 8.0% | 16,312,500 |  | Added +11,562,500 |
| [METALLA RTY & STREAMING LTD (MTA)](/companies/mta.md) | COM NEW | $22.8m | 7.3% | 3,000,000 |  | Unchanged |
| [VERSAMET ROYALTIES CORP (VMET)](/companies/vmet.md) | COM NEW | $17.2m | 5.5% | 1,400,000 |  | Unchanged |
| [ALAMOS GOLD INC (AGI)](/companies/agi.md) | COM CL A | $13.7m | 4.4% | 450,000 |  | Unchanged |
| [AGNICO EAGLE MINES LTD (AEM)](/companies/aem.md) | COM | $12.4m | 4.0% | 80,000 |  | Unchanged |
| [B2GOLD CORP (BTG)](/companies/btg.md) | COM | $7.5m | 2.4% | 2,000,000 |  | Unchanged |
| [INTEGRA RES CORP (ITRG)](/companies/itrg.md) | COM | $5.8m | 1.9% | 2,562,526 |  | Unchanged |
| [VANECK MERK GOLD ETF (OUNZ)](/companies/ounz.md) | GOLD SHS | $1.1m | 0.4% | 29,794 |  | Reduced −4,406 |

Source: SEC EDGAR, Form 13F-HR, accession 0001420506-26-001784. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.