Filed: 4/24/2026ACC: 0001172661-26-001536
📋 What this filing means
TSP CAPITAL MANAGEMENT GROUP, LLC filed this quarterly 13F‑HR report disclosing 45 equity positions with a total reported market value of $409.84M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
45
Positions
$409.84M
Total AUM (reported)
36.91M
Total Shares
Allocation by class
COM$174.58M42.6%
COM NEW$67.35M16.4%
SPONSORED ADR$57.02M13.9%
SP ADR N-V PFD$21.81M5.3%
ISHARES$18.05M4.4%
ORD$15.87M3.9%
CL B$12.57M3.1%
Portfolio Concentration
Top 3$81.94M20.0%
4–10$134.71M32.9%
11–25$147.85M36.1%
Rest$45.34M11.1%
Top 3 weight
20.0%
Top 10 weight
52.9%
Voting Authority Distribution
Total shares with voting rights: 36.91M
Sole
Full voting authority
36.91M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole45
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings45
Rows:
COEUR MNG INC
SOLEShares1.74M
TypePRN
Market value$32.65M
7.97%
Sole
1.74M
Shared
0.00
None
0.00
COMPANIA DE MINAS BUENAVENTU
SOLEShares693.13K
TypePRN
Market value$24.98M
6.10%
Sole
693.13K
Shared
0.00
None
0.00
ADEIA INC
SOLEShares1.01M
TypePRN
Market value$24.31M
5.93%
Sole
1.01M
Shared
0.00
None
0.00
TRILOGY METALS INC NEW
SOLEShares6.75M
TypePRN
Market value$24.25M
5.92%
Sole
6.75M
Shared
0.00
None
0.00
CIA ENERGETICA DE MINAS GERA
SOLEShares9.12M
TypePRN
Market value$21.81M
5.32%
Sole
9.12M
Shared
0.00
None
0.00
NOKIA CORP
SOLEShares2.50M
TypePRN
Market value$20.06M
4.89%
Sole
2.50M
Shared
0.00
None
0.00
ISHARES SILVER TR
SOLEShares264.93K
TypePRN
Market value$18.05M
4.40%
Sole
264.93K
Shared
0.00
None
0.00
CORTEVA INC
SOLEShares211.60K
TypePRN
Market value$17.71M
4.32%
Sole
211.60K
Shared
0.00
None
0.00
MAUI LD & PINEAPPLE INC
SOLEShares1.10M
TypePRN
Market value$16.96M
4.14%
Sole
1.10M
Shared
0.00
None
0.00
CONSOLIDATED WATER CO INC
SOLEShares479.20K
TypePRN
Market value$15.87M
3.87%
Sole
479.20K
Shared
0.00
None
0.00
FREEPORT MCMORAN INC
SOLEShares213.93K
TypePRN
Market value$12.57M
3.07%
Sole
213.93K
Shared
0.00
None
0.00
SIBANYE STILLWATER LTD
SOLEShares972.38K
TypePRN
Market value$11.98M
2.92%
Sole
972.38K
Shared
0.00
None
0.00
CELLDEX THERAPEUTICS INC NEW
SOLEShares375.13K
TypePRN
Market value$11.90M
2.90%
Sole
375.13K
Shared
0.00
None
0.00
NOVAVAX INC
SOLEShares1.39M
TypePRN
Market value$11.32M
2.76%
Sole
1.39M
Shared
0.00
None
0.00
NEWMONT CORP
SOLEShares103.97K
TypePRN
Market value$11.25M
2.75%
Sole
103.97K
Shared
0.00
None
0.00
MIDDLESEX WTR CO
SOLEShares210.33K
TypePRN
Market value$10.95M
2.67%
Sole
210.33K
Shared
0.00
None
0.00
XYLEM INC
SOLEShares88.01K
TypePRN
Market value$10.52M
2.57%
Sole
88.01K
Shared
0.00
None
0.00
WESTERN UN CO
SOLEShares1.09M
TypePRN
Market value$9.53M
2.33%
Sole
1.09M
Shared
0.00
None
0.00
WASTE MGMT INC DEL
SOLEShares41.47K
TypePRN
Market value$9.53M
2.32%
Sole
41.47K
Shared
0.00
None
0.00
GLOBAL WTR RES INC
SOLEShares1.18M
TypePRN
Market value$8.97M
2.19%
Sole
1.18M
Shared
0.00
None
0.00
SPDR GOLD TR
SOLEShares20.41K
TypePRN
Market value$8.78M
2.14%
Sole
20.41K
Shared
0.00
None
0.00
STRATASYS LTD
SOLEShares1.11M
TypePRN
Market value$8.68M
2.12%
Sole
1.11M
Shared
0.00
None
0.00
MANNKIND CORP
SOLEShares3.34M
TypePRN
Market value$8.19M
2.00%
Sole
3.34M
Shared
0.00
None
0.00
AMERICAN WTR WKS CO INC NEW
SOLEShares57.21K
TypePRN
Market value$7.79M
1.90%
Sole
57.21K
Shared
0.00
None
0.00
WARNER BROS DISCOVERY INC
SOLEShares214.39K
TypePRN
Market value$5.89M
1.44%
Sole
214.39K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
COEUR MNG INCSOLE | COM NEW | 1.74M | PRN | $32.65M 7.97% | 1.74M | 0.00 | 0.00 |
COMPANIA DE MINAS BUENAVENTUSOLE | SPONSORED ADR | 693.13K | PRN | $24.98M 6.10% | 693.13K | 0.00 | 0.00 |
ADEIA INCSOLE | COM | 1.01M | PRN | $24.31M 5.93% | 1.01M | 0.00 | 0.00 |
TRILOGY METALS INC NEWSOLE | COM | 6.75M | PRN | $24.25M 5.92% | 6.75M | 0.00 | 0.00 |
CIA ENERGETICA DE MINAS GERASOLE | SP ADR N-V PFD | 9.12M | PRN | $21.81M 5.32% | 9.12M | 0.00 | 0.00 |
NOKIA CORPSOLE | SPONSORED ADR | 2.50M | PRN | $20.06M 4.89% | 2.50M | 0.00 | 0.00 |
ISHARES SILVER TRSOLE | ISHARES | 264.93K | PRN | $18.05M 4.40% | 264.93K | 0.00 | 0.00 |
CORTEVA INCSOLE | COM | 211.60K | PRN | $17.71M 4.32% | 211.60K | 0.00 | 0.00 |
MAUI LD & PINEAPPLE INCSOLE | COM | 1.10M | PRN | $16.96M 4.14% | 1.10M | 0.00 | 0.00 |
CONSOLIDATED WATER CO INCSOLE | ORD | 479.20K | PRN | $15.87M 3.87% | 479.20K | 0.00 | 0.00 |
FREEPORT MCMORAN INCSOLE | CL B | 213.93K | PRN | $12.57M 3.07% | 213.93K | 0.00 | 0.00 |
SIBANYE STILLWATER LTDSOLE | SPONSORED ADR | 972.38K | PRN | $11.98M 2.92% | 972.38K | 0.00 | 0.00 |
CELLDEX THERAPEUTICS INC NEWSOLE | COM NEW | 375.13K | PRN | $11.90M 2.90% | 375.13K | 0.00 | 0.00 |
NOVAVAX INCSOLE | COM NEW | 1.39M | PRN | $11.32M 2.76% | 1.39M | 0.00 | 0.00 |
NEWMONT CORPSOLE | COM | 103.97K | PRN | $11.25M 2.75% | 103.97K | 0.00 | 0.00 |
MIDDLESEX WTR COSOLE | COM | 210.33K | PRN | $10.95M 2.67% | 210.33K | 0.00 | 0.00 |
XYLEM INCSOLE | COM | 88.01K | PRN | $10.52M 2.57% | 88.01K | 0.00 | 0.00 |
WESTERN UN COSOLE | COM | 1.09M | PRN | $9.53M 2.33% | 1.09M | 0.00 | 0.00 |
WASTE MGMT INC DELSOLE | COM | 41.47K | PRN | $9.53M 2.32% | 41.47K | 0.00 | 0.00 |
GLOBAL WTR RES INCSOLE | COM | 1.18M | PRN | $8.97M 2.19% | 1.18M | 0.00 | 0.00 |
SPDR GOLD TRSOLE | GOLD SHS | 20.41K | PRN | $8.78M 2.14% | 20.41K | 0.00 | 0.00 |
STRATASYS LTDSOLE | SHS | 1.11M | PRN | $8.68M 2.12% | 1.11M | 0.00 | 0.00 |
MANNKIND CORPSOLE | COM NEW | 3.34M | PRN | $8.19M 2.00% | 3.34M | 0.00 | 0.00 |
AMERICAN WTR WKS CO INC NEWSOLE | COM | 57.21K | PRN | $7.79M 1.90% | 57.21K | 0.00 | 0.00 |
WARNER BROS DISCOVERY INCSOLE | COM SER A | 214.39K | PRN | $5.89M 1.44% | 214.39K | 0.00 | 0.00 |
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