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Portfolio (Quarterly) Guide ↗

Kercheville Advisors, LLC

· CIK 0001890748
13F Portfolio $331M AUM Filed Oct 22, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 106 New
Page 6 of 6  ·  106 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 VCV INVESCO CALIF VALUE MUN INCO Financial Services 16,000.0 $169K 0.05% NEW $10.59 +0.7%
102 NRK NUVEEN NEW YORK AMT QLT MUNI Financial Services 12,145.0 $124K 0.04% NEW $10.20 +4.6%
103 VPV INVESCO PA VALUE MUN INC TR Financial Services 11,000.0 $114K 0.03% NEW $10.33 +8.4%
104 EQX EQUINOX GOLD CORP Basic Materials 10,000.0 $112K 0.03% NEW $11.21 -6.2%
105 INVESCO QUALITY MUN INCOME T 11,000.0 $108K 0.03% NEW $9.85
106 ARIS ARIS MNG CORP Basic Materials 10,000.0 $98K 0.03% NEW $9.80 +69.5%
Page 6 of 6  ·  106 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 23.9%
Communication Services 17.3%
Consumer Cyclical 12.5%
Energy 11.6%
Financial Services 11.4%
Consumer Defensive 10.2%
Basic Materials 7.7%
Industrials 3.6%
Utilities 1.0%
Healthcare 0.8%