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Portfolio (Quarterly) Guide ↗

Kercheville Advisors, LLC

· CIK 0001890748
13F Portfolio $382M AUM 117 positions Filed Jan 29, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 27 New 39 Added 32 Reduced 16 Exited
Page 2 of 2  ·  39 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 BIDU BAIDU INC Communication Services 18,275.0 $3.0M 0.78% +8K +81.8% $162.52 -31.2%
22 UEC URANIUM ENERGY CORP Energy 120,900.0 $2.4M 0.63% +52K +75.5% $19.86 -39.5%
23 IBIT ISHARES BITCOIN TRUST ETF Financial Services 40,745.0 $2.1M 0.54% +24K +141.8% $50.67 -29.7%
24 JPM JPMORGAN CHASE & CO. Financial Services 6,195.0 $1.9M 0.49% +430.0 +7.5% $303.63 +7.1%
25 UTG REAVES UTIL INCOME FD Financial Services 47,990.0 $1.8M 0.48% +5K +11.7% $37.88 +11.1%
26 NEA NUVEEN AMT FREE QLTY MUN INC Financial Services 141,416.0 $1.6M 0.43% +5K +3.8% $11.59 +0.0%
27 LVS LAS VEGAS SANDS CORP Consumer Cyclical 23,383.0 $1.4M 0.37% +1K +5.7% $59.94 -18.7%
28 AVAV AEROVIRONMENT INC Industrials 3,875.0 $1.2M 0.32% +2K +138.5% $312.12 -45.7%
29 NAD NUVEEN QUALITY MUNCP INCOME Financial Services 92,706.0 $1.1M 0.29% +2K +2.3% $11.96 +0.1%
30 CSCO CISCO SYS INC Technology 13,715.0 $1.0M 0.27% +100.0 +0.7% $74.33 +60.8%
31 TYG TORTOISE ENERGY INFRA CORP Financial Services 21,343.0 $972K 0.26% +1K +6.6% $45.52 -6.6%
32 USAR USA RARE EARTH INC Basic Materials 37,200.0 $845K 0.22% +27K +272.0% $22.71 +8.5%
33 AVGO BROADCOM INC Technology 2,190.0 $713K 0.19% +187.0 +9.3% $325.49 +26.4%
34 UPS UNITED PARCEL SERVICE INC Industrials 5,440.0 $595K 0.16% +849.0 +18.5% $109.30 -4.1%
35 NVG NUVEEN AMT FREE MUN CR INC F Financial Services 36,586.0 $462K 0.12% +16K +78.0% $12.62 +0.5%
36 TEI TEMPLETON EMERGING MKTS INCO Financial Services 63,172.0 $420K 0.11% +2K +4.0% $6.65 -1.2%
37 RCL ROYAL CARIBBEAN GROUP Consumer Cyclical 765.0 $218K 0.06% +39.0 +5.4% $285.54 +9.4%
38 INVESCO QUALITY MUN INCOME T 16,000.0 $160K 0.04% +5K +45.5% $9.97
39 NRK NUVEEN NEW YORK AMT QLT MUNI Financial Services 12,259.0 $125K 0.03% +114.0 +0.9% $10.18 +4.8%
Page 2 of 2  ·  39 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 22.2%
Communication Services 16.0%
Consumer Cyclical 13.1%
Energy 11.6%
Consumer Defensive 9.7%
Financial Services 9.6%
Basic Materials 8.5%
Industrials 6.2%
Healthcare 1.7%
Utilities 1.5%