U S Global Investors Inc
Net buyer this quarter
$1.04B
125
+$16.8M
59.6%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 AAL | $108M | 10.43% | 0.91% | -6.7% | Q2 2015 |
 UAL | $106M | 10.21% | 0.24% | -0.5% | Q4 2013 |
 LUV | $102M | 9.82% | 0.41% | +19.0% | Q2 2015 |
 DAL | $101M | 9.68% | 0.16% | -8.3% | Q4 2014 |
 ALGT | $40.8M | 3.93% | 1.88% | +16.1% | Q2 2015 |
 ULCC | $38.9M | 3.74% | 2.14% | -27.5% | Q2 2022 |
 JBLU | $34.4M | 3.30% | 1.59% | +8.2% | Q2 2015 |
 ALK | $33.4M | 3.21% | 0.57% | +7.2% | Q4 2014 |
 SKYW | $33.1M | 3.18% | 0.84% | +29.3% | Q3 2015 |
 AYA | $21.3M | 2.05% | Not reported | New | Q2 2026 |
 SABR | $20.7M | 1.99% | 2.45% | +31.2% | Q3 2015 |
 TRIP | $19.1M | 1.84% | 1.19% | +1.5% | Q2 2021 |
 EXPE | $18.9M | 1.82% | 0.06% | +32.0% | Q4 2014 |
 OR | $18.4M | 1.77% | 0.31% | +8.6% | Q2 2025 |
 BKNG | $18.1M | 1.74% | 0.01% | +35.0% | Q2 2021 |
 FNV | $16.8M | 1.62% | 0.04% | -4.5% | Q4 2013 |
 GD | $16.4M | 1.58% | 0.02% | +28.3% | Q4 2014 |
 TXT | $16.3M | 1.56% | 0.10% | +26.6% | Q2 2015 |
 BA | $16.2M | 1.56% | 0.01% | +19.7% | Q2 2015 |
 WPM | $15.7M | 1.51% | 0.03% | +379.7% | Q2 2017 |
 IAG | $13.9M | 1.34% | 0.15% | -9.6% | Q1 2014 |
 USAS | $12.4M | 1.19% | 0.82% | +45.8% | Q4 2017 |
 LTM | $9.39M | 0.90% | 0.00% | +18.4% | Q2 2025 |
 RYAAY | $9.05M | 0.87% | 0.01% | +34.1% | Q2 2015 |
 EXK | $8.64M | 0.83% | 0.40% | +253.4% | Q2 2017 |
 PAAS | $7.91M | 0.76% | 0.04% | +140.0% | Q1 2017 |
 VOXR | $7.86M | 0.76% | 2.43% | Not reported | Q4 2022 |
 CDE | $7.17M | 0.69% | 0.04% | -47.1% | Q1 2017 |
 TCOM | $6.98M | 0.67% | 0.03% | +42.1% | Q3 2021 |
 HMY | $6.52M | 0.63% | 0.07% | +7.7% | Q4 2013 |
 FSM | $6.28M | 0.60% | 0.24% | +93.8% | Q1 2014 |
 B | $6.24M | 0.60% | 0.01% | +19.0% | Q3 2025 |
 ARIS | $5.95M | 0.57% | 0.19% | +17.7% | Q2 2025 |
 MMYT | $5.3M | 0.51% | Not reported | -29.4% | Q2 2021 |
 TFPM | $5.15M | 0.50% | 0.08% | +186.7% | Q1 2023 |
 CGAU | $4.75M | 0.46% | 0.15% | -31.6% | Q2 2021 |
 OMAB | $4.73M | 0.46% | Not reported | +38.8% | Q2 2015 |
 EMBJ | $4.72M | 0.45% | 0.01% | -34.6% | Q2 2021 |
 AEM | $4.65M | 0.45% | 0.01% | -49.3% | Q4 2013 |
 NEM | $4.65M | 0.45% | 0.00% | +35.1% | Q3 2014 |
 CPA | $4.64M | 0.45% | 0.07% | +4.7% | Q4 2017 |
 ASR | $4.49M | 0.43% | 0.00% | +46.4% | Q3 2019 |
 MTA | $4.25M | 0.41% | 0.60% | -3.5% | Q1 2020 |
 ASM | $3.86M | 0.37% | 0.38% | +510.0% | Q2 2025 |
 VZLA | $3.44M | 0.33% | 0.30% | Not reported | Q1 2022 |
 AUGO | $3.15M | 0.30% | 0.06% | -50.0% | Q3 2025 |
 SSRM | $3.11M | 0.30% | 0.05% | Not reported | Q2 2017 |
 AGI | $3.03M | 0.29% | 0.02% | -50.3% | Q4 2013 |
 RACE | $2.95M | 0.28% | 0.00% | Not reported | Q2 2020 |
 TSLA | $2.71M | 0.26% | 0.00% | -9.2% | Q1 2014 |
| Q1 2026 | |||||
| DAL | $77.9M | 9.08% | 0.18% | -3.7% | Q4 2014 |
| UAL | $72.2M | 8.42% | 0.24% | -0.9% | Q4 2013 |
| AAL | $69.1M | 8.06% | 0.97% | +15.5% | Q2 2015 |
| LUV | $62.7M | 7.31% | 0.34% | -20.8% | Q2 2015 |
| JBLU | $24.5M | 2.86% | 1.49% | +17.2% | Q2 2015 |
| ALGT | $24.2M | 2.83% | 1.62% | +5.1% | Q2 2015 |
| ULCC | $23.9M | 2.79% | 2.95% | +63.9% | Q2 2022 |
| SKYW | $23.7M | 2.76% | 0.64% | +15.5% | Q3 2015 |
| ALK | $21.9M | 2.56% | 0.54% | +30.9% | Q4 2014 |
| FNV | $20.9M | 2.43% | 0.04% | -5.5% | Q4 2013 |
 RGLD | $20.7M | 2.41% | 0.10% | -6.6% | Q4 2013 |
| OR | $20.3M | 2.37% | 0.29% | +55.8% | Q2 2025 |
| IAG | $18.3M | 2.13% | 0.16% | +69.0% | Q1 2014 |
| CDE | $15.6M | 1.82% | 0.08% | +133.8% | Q1 2017 |
| TRIP | $14.6M | 1.71% | 1.18% | +32.3% | Q2 2021 |
 GFI | $14.4M | 1.67% | 0.04% | +110.9% | Q3 2014 |
| EXPE | $12.9M | 1.51% | 0.05% | -1.4% | Q4 2014 |
 AU | $12.7M | 1.48% | 0.03% | +44.9% | Q3 2016 |
| BKNG | $12.7M | 1.48% | 0.01% | -0.7% | Q2 2021 |
| BA | $12.5M | 1.45% | 0.01% | -19.0% | Q2 2015 |
| GD | $12.4M | 1.44% | 0.01% | -22.8% | Q4 2014 |
| TXT | $12.3M | 1.43% | 0.08% | -23.9% | Q2 2015 |
| AEM | $12M | 1.40% | 0.01% | +97.1% | Q4 2013 |
| SABR | $10.9M | 1.27% | 1.91% | -25.9% | Q3 2015 |
| USAS | $9.4M | 1.10% | 0.56% | Not reported | Q4 2017 |
| AGI | $8.93M | 1.04% | 0.05% | +474.4% | Q4 2013 |
| VOXR | $8.71M | 1.02% | 2.43% | +6.4% | Q4 2022 |
| AUGO | $8.16M | 0.95% | 0.12% | Not reported | Q3 2025 |
| CGAU | $7.8M | 0.91% | 0.22% | -39.3% | Q2 2021 |
 DRD | $7.21M | 0.84% | 0.03% | +10.6% | Q4 2013 |
 SCZM | $6.8M | 0.79% | Not reported | New | Q1 2026 |
| LTM | $6.73M | 0.78% | 0.00% | -10.2% | Q2 2025 |
| EMBJ | $6.71M | 0.78% | 0.02% | -8.7% | Q2 2021 |
 SVM | $6.63M | 0.77% | 0.28% | +147.1% | Q3 2017 |
| ARIS | $6.32M | 0.74% | 0.17% | Not reported | Q2 2025 |
| TCOM | $6.14M | 0.72% | 0.02% | +8.3% | Q3 2021 |
| HMY | $6.12M | 0.71% | 0.06% | +49.4% | Q4 2013 |
| RYAAY | $6.02M | 0.70% | 0.01% | -8.3% | Q2 2015 |
 KGC | $5.96M | 0.70% | 0.02% | +95.4% | Q4 2013 |
| B | $5.83M | 0.68% | 0.01% | -54.7% | Q3 2025 |
| MMYT | $5.25M | 0.61% | Not reported | +176.6% | Q2 2021 |
| PAAS | $4.02M | 0.47% | 0.02% | Not reported | Q1 2017 |
| NEM | $3.99M | 0.46% | 0.00% | Not reported | Q3 2014 |
| MTA | $3.84M | 0.45% | 0.62% | -59.6% | Q1 2020 |
| FSM | $3.81M | 0.44% | 0.13% | -31.6% | Q1 2014 |
| WPM | $3.81M | 0.44% | 0.01% | -81.7% | Q2 2017 |
| VZLA | $3.48M | 0.41% | 0.35% | Not reported | Q1 2022 |
| OMAB | $3.46M | 0.40% | Not reported | -18.1% | Q2 2015 |
 SBSW | $3.39M | 0.40% | 0.01% | Not reported | Q2 2020 |
| ASR | $3.36M | 0.39% | 0.00% | -19.7% | Q3 2019 |
| Q4 2025 | |||||
| UAL | $88.6M | 9.48% | 0.24% | +1.5% | Q4 2013 |
| LUV | $87.1M | 9.33% | 0.41% | -20.9% | Q2 2015 |
| AAL | $85.4M | 9.14% | 0.84% | -14.1% | Q2 2015 |
| DAL | $84.4M | 9.04% | 0.19% | -10.6% | Q4 2014 |
| ALGT | $24.3M | 2.60% | 1.55% | -25.2% | Q2 2015 |
| SNCY | $23.2M | 2.48% | 3.03% | -11.9% | Q2 2021 |
| ALK | $22.9M | 2.46% | 0.39% | +22.8% | Q4 2014 |
| SKYW | $22.4M | 2.40% | 0.56% | +4.0% | Q3 2015 |
| JBLU | $21.5M | 2.30% | 1.28% | +4.9% | Q2 2015 |
| ULCC | $19.5M | 2.09% | 1.81% | -9.3% | Q2 2022 |
| RGLD | $19.3M | 2.07% | 0.10% | +3713.1% | Q4 2013 |
| WPM | $18.7M | 2.00% | 0.04% | +6.9% | Q2 2017 |
| FNV | $18.5M | 1.98% | 0.05% | +8.2% | Q4 2013 |
| BA | $16.8M | 1.80% | 0.01% | +16.6% | Q2 2015 |
| BKNG | $16.2M | 1.74% | 0.01% | +8.9% | Q2 2021 |
| EXPE | $16.1M | 1.72% | 0.05% | -19.6% | Q4 2014 |
| TXT | $16M | 1.72% | 0.10% | -3.2% | Q2 2015 |
| GD | $15.7M | 1.69% | 0.02% | -1.4% | Q4 2014 |
| TRIP | $15.1M | 1.62% | 0.91% | +18.9% | Q2 2021 |
| SABR | $13.8M | 1.48% | 2.58% | +17.0% | Q3 2015 |
| B | $13.7M | 1.47% | 0.02% | +215.0% | Q3 2025 |
| OR | $12.1M | 1.30% | 0.18% | -63.1% | Q2 2025 |
| MTA | $11.1M | 1.19% | 1.54% | +75.9% | Q1 2020 |
| CGAU | $10.4M | 1.11% | 0.36% | Not reported | Q2 2021 |
| IAG | $9.48M | 1.02% | 0.10% | +15.0% | Q1 2014 |
| TFPM | $9.28M | 0.99% | 0.14% | +30.7% | Q1 2023 |
| USAS | $9.24M | 0.99% | 0.56% | +210.3% | Q4 2017 |
| RYAAY | $8.2M | 0.88% | 0.01% | -13.0% | Q2 2015 |
| TCOM | $8.19M | 0.88% | 0.02% | +9.0% | Q3 2021 |
| LTM | $8.19M | 0.88% | 0.00% | +89.1% | Q2 2025 |
| EMBJ | $7.97M | 0.85% | 0.02% | -6.8% | Q2 2021 |
| AU | $7.68M | 0.82% | 0.02% | -45.1% | Q3 2016 |
| VOXR | $7.4M | 0.79% | 2.28% | Not reported | Q4 2022 |
| DRD | $6.89M | 0.74% | 0.03% | +6.2% | Q4 2013 |
| GFI | $6.55M | 0.70% | 0.02% | -45.8% | Q3 2014 |
| CDE | $6.33M | 0.68% | 0.06% | -25.9% | Q1 2017 |
| VZLA | $5.76M | 0.62% | 0.35% | Not reported | Q1 2022 |
 CMCL | $5.69M | 0.61% | 1.13% | +115.7% | Q2 2018 |
 AAUC | $5.56M | 0.60% | 0.19% | Not reported | Q2 2025 |
 ITRG | $5.56M | 0.60% | 0.76% | +824.1% | Q3 2020 |
 GAU | $5.55M | 0.59% | 0.84% | New | Q4 2025 |
| ARIS | $5.52M | 0.59% | 0.17% | +13.3% | Q2 2025 |
| FSM | $5.5M | 0.59% | 0.18% | Not reported | Q1 2014 |
| HMY | $5.3M | 0.57% | 0.04% | -13.2% | Q4 2013 |
| AEM | $5.09M | 0.54% | 0.01% | Not reported | Q4 2013 |
| AUGO | $5.04M | 0.54% | 0.12% | Not reported | Q3 2025 |
| MMYT | $4.18M | 0.45% | Not reported | +30.8% | Q2 2021 |
| CPA | $4.07M | 0.44% | 0.08% | +1.1% | Q4 2017 |
| ASR | $4.02M | 0.43% | 0.00% | +9.9% | Q3 2019 |
| OMAB | $4M | 0.43% | Not reported | +14.2% | Q2 2015 |
| Q3 2025 | |||||
| LUV | $85M | 9.59% | 0.51% | +0.2% | Q2 2015 |
| DAL | $77.2M | 8.72% | 0.21% | -22.9% | Q4 2014 |
| UAL | $75.3M | 8.50% | 0.24% | -29.3% | Q4 2013 |
| AAL | $72.9M | 8.23% | 0.98% | -16.0% | Q2 2015 |
| OR | $37.3M | 4.21% | 0.50% | +62.0% | Q2 2025 |
| ALGT | $23.1M | 2.61% | 2.07% | -11.5% | Q2 2015 |
| JBLU | $22.2M | 2.50% | 1.24% | -10.2% | Q2 2015 |
| SNCY | $21.6M | 2.44% | 3.47% | -11.9% | Q2 2021 |
| SKYW | $21.6M | 2.44% | 0.53% | -10.8% | Q3 2015 |
| ULCC | $20.1M | 2.27% | 2.00% | -26.5% | Q2 2022 |
| ALK | $18.5M | 2.09% | 0.32% | -22.5% | Q4 2014 |
| FNV | $18.4M | 2.08% | 0.04% | -11.5% | Q4 2013 |
| WPM | $16.6M | 1.87% | 0.03% | +3.3% | Q2 2017 |
| GD | $16.2M | 1.83% | 0.02% | -20.6% | Q4 2014 |
| TXT | $16.1M | 1.81% | 0.11% | -10.7% | Q2 2015 |
| SABR | $15.9M | 1.80% | 2.20% | +54.0% | Q3 2015 |
| EXPE | $15.1M | 1.70% | 0.06% | -25.9% | Q4 2014 |
| BKNG | $15M | 1.70% | 0.01% | -7.8% | Q2 2021 |
| BA | $14.3M | 1.61% | 0.01% | -14.9% | Q2 2015 |
| TRIP | $14.2M | 1.60% | 0.75% | -25.0% | Q2 2021 |
| GFI | $11.6M | 1.31% | 0.03% | +176.6% | Q3 2014 |
| AU | $11.5M | 1.30% | 0.03% | +152.1% | Q3 2016 |
| KGC | $10.4M | 1.17% | 0.03% | +60.5% | Q4 2013 |
 BTG | $10.3M | 1.16% | 0.16% | +389.1% | Q4 2013 |
| SSRM | $10.1M | 1.15% | 0.21% | Not reported | Q2 2017 |
| SVM | $9.88M | 1.11% | 0.72% | +29.5% | Q3 2017 |
| CDE | $8.99M | 1.01% | 0.07% | +3.2% | Q1 2017 |
| AGI | $8.72M | 0.98% | 0.06% | Not reported | Q4 2013 |
| EMBJ | $8.03M | 0.91% | 0.02% | -24.1% | Q2 2021 |
| RYAAY | $7.87M | 0.89% | 0.01% | -7.2% | Q2 2015 |
| TCOM | $7.86M | 0.89% | 0.02% | -22.4% | Q3 2021 |
 HL | $7.26M | 0.82% | 0.09% | +9.1% | Q2 2016 |
| VOXR | $6.72M | 0.76% | 3.08% | -2.4% | Q4 2022 |
| IAG | $6.47M | 0.73% | 0.09% | Not reported | Q1 2014 |
| TFPM | $6.25M | 0.71% | 0.11% | +1.9% | Q1 2023 |
| SBSW | $6.12M | 0.69% | 0.02% | -2.2% | Q2 2020 |
| DRD | $5.77M | 0.65% | 0.02% | -21.3% | Q4 2013 |
| HMY | $5.57M | 0.63% | 0.05% | -0.4% | Q4 2013 |
| MTA | $5.17M | 0.58% | 0.88% | Not reported | Q1 2020 |
| AEM | $5.06M | 0.57% | 0.01% | -27.7% | Q4 2013 |
| VZLA | $4.53M | 0.51% | 0.35% | Not reported | Q1 2022 |
| CPA | $3.96M | 0.45% | 0.08% | -17.2% | Q4 2017 |
| RACE | $3.96M | 0.45% | 0.00% | +48.9% | Q2 2020 |
| AUGO | $3.72M | 0.42% | Not reported | New | Q3 2025 |
| ASR | $3.66M | 0.41% | 0.00% | -14.8% | Q3 2019 |
| CMCL | $3.65M | 0.41% | 0.52% | Not reported | Q2 2018 |
| MMYT | $3.64M | 0.41% | Not reported | -7.9% | Q2 2021 |
| LTM | $3.63M | 0.41% | 0.00% | -25.1% | Q2 2025 |
| EXK | $3.54M | 0.40% | 0.17% | Not reported | Q2 2017 |
| OMAB | $3.35M | 0.38% | Not reported | Not reported | Q2 2015 |