Sicart Associates LLC has filed a Form 13F-HR reporting its equity holdings as of September 30, 2026. The filing lists 73 separate positions held by the firm, with a total value of approximately $4.1 billion.
The largest holding disclosed in the report is Fortuna Mining Corp. New, which accounts for roughly 28.3% of the total portfolio value, valued at $1,245,244,200. Other significant positions include Targa Resources Corp., valued at $1,548,313,500, and Medtronic plc, valued at $680,437,700.
The portfolio is heavily weighted toward technology and energy sectors. Key technology holdings include Tesla Inc., valued at $19,591,895, Netflix Inc. at $11,780,908, and Snowflake Inc. at $308,681. In the energy sector, SLB Limited is listed with a value of $9,019,692, and ExxonMobil Holdings Corp. is valued at $289,769.
The filing also lists a substantial allocation to precious metals, with SPDR Gold Trust (GLD) valued at $28,822,655 and Sprott Asset Management LP Physical Silver valued at $1,657,619. Additionally, the firm holds significant positions in various exchange-traded funds (ETFs), including the iShares 20+ Year Treasury Bond ETF and the iShares 7-10 Year Treasury Bond ETF.
