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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 1 of 2  ·  32 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 AEM AGNICO EAGLE MINES LTD Basic Materials 105,830.0 $22.6M 5.92% -3K -2.5% $213.69 -22.0%
2 AAPL APPLE INC Technology 70,547.0 $17.5M 4.59% -489.0 -0.7% $248.35 +20.0%
3 GDX VANECK ETF TRUST 145,722.0 $15.3M 4.01% -22K -12.9% $105.17 -21.5%
4 GDXJ VANECK ETF TRUST 91,891.0 $13.1M 3.42% -15K -13.8% $142.09 -24.5%
5 COST COSTCO WHSL CORP NEW Consumer Defensive 12,200.0 $11.9M 3.12% -330.0 -2.6% $976.16 -2.5%
6 GOOGL ALPHABET INC Communication Services 31,398.0 $10.4M 2.72% -1K -3.8% $330.54 +11.3%
7 MSFT MICROSOFT CORP Technology 17,216.0 $7.8M 2.04% -5K -21.5% $451.15 -15.9%
8 MPLX MPLX LP Energy 131,336.0 $7.3M 1.91% -3K -2.6% $55.57 +2.3%
9 SOFI SOFI TECHNOLOGIES INC Financial Services 209,965.0 $5.5M 1.44% -53K -20.1% $26.09 -31.4%
10 BX BLACKSTONE INC Financial Services 33,851.0 $5.2M 1.37% -21K -38.0% $154.91 -20.1%
11 SLV ISHARES SILVER TR Financial Services 57,500.0 $5.0M 1.31% -3K -5.3% $87.13 -31.7%
12 UBER UBER TECHNOLOGIES INC Technology 39,785.0 $3.3M 0.86% -3K -6.9% $82.56 -13.2%
13 SBUX STARBUCKS CORP Consumer Cyclical 33,572.0 $3.2M 0.84% -7K -17.1% $95.83 +5.0%
14 BERKSHIRE HATHAWAY INC DEL 4,866.0 $2.4M 0.62% -94.0 -1.9% $484.52
15 IE IVANHOE ELECTRIC INC Technology 114,600.0 $2.2M 0.57% -8K -6.8% $19.11 -40.3%
16 MCD MCDONALDS CORP Consumer Cyclical 5,118.0 $1.6M 0.41% -70.0 -1.4% $306.05 -9.0%
17 BA BOEING CO Industrials 6,079.0 $1.5M 0.40% -1K -14.9% $251.40 -11.4%
18 CVX CHEVRON CORP NEW Energy 8,838.0 $1.5M 0.39% -713.0 -7.5% $166.66 +4.2%
19 HD HOME DEPOT INC Consumer Cyclical 3,175.0 $1.2M 0.32% -106.0 -3.2% $381.03 -12.3%
20 ET ENERGY TRANSFER L P Energy 64,417.0 $1.2M 0.31% -57K -47.0% $18.11 +3.5%
Page 1 of 2  ·  32 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%