13F-HR: U S Global Investors Inc Reveals Q2 2024 13F Holdings

U S Global Investors Inc's latest 13F filing discloses its holdings as of June 30, 2024, with a total portfolio value of $1,054,634,912.

Summary

• U S Global Investors Inc. filed its Form 13F for the quarter ended June 30, 2024.
• The total value of holdings reported is $1,054,634,912.
• The filing includes 163 entries detailing the firm's positions in various companies.
• The report indicates sole voting authority for all shares listed.
• Key holdings include significant positions in Air Transport Services Group ($24,561,225), Alaska Air Group ($39,643,811), Allegiant Travel ($25,973,889), American Airlines ($98,670,794), Boeing Co ($20,765,628), Delta Air Lines ($153,703,056), Expedia Group Inc ($19,728,831), Frontier Group Holdings ($24,145,597), General Dynamics ($25,729,559), JetBlue Airways ($28,771,534), Southwest Airlines ($98,311,968), Sun Country Holdings ($25,095,155), Textron Inc ($23,033,808), Trip.com Group ($14,133,468), Tripadvisor Inc ($16,151,578), United Airlines ($152,548,725), Wheaton Precious Metals ($10,731,405).

Sentiment

Score: 6

Explanation: The document is a factual report of holdings. The sentiment is neutral, but the significant investments in certain sectors suggest a moderately positive outlook on those industries.

Positives

• The portfolio is well-diversified across various sectors, including airlines, precious metals, and technology.
• Significant holdings in major airline companies suggest a positive outlook on the travel industry.
• Substantial investments in precious metals companies like Wheaton Precious Metals and Franco-Nevada indicate a hedge against economic uncertainty.

Negatives

• The filing does not provide insights into the firm's rationale for its investment decisions.
• The report only reflects holdings as of the end of the quarter and may not represent the current portfolio composition.
• The document does not contain any information about the performance of the portfolio.

Risks

• The value of the holdings is subject to market fluctuations and economic conditions.
• Investments in specific sectors, such as airlines, may be vulnerable to industry-specific risks.
• The portfolio's performance depends on the investment manager's ability to make informed decisions.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

The filing provides insights into the investment strategies of U S Global Investors Inc., particularly its focus on the airline and precious metals sectors. This can be compared to the holdings of other investment firms to understand broader industry trends and investment preferences.

Comparison to Industry Standards

• Comparing U S Global Investors' portfolio to other firms like Berkshire Hathaway (which also holds significant positions in airlines) or BlackRock (a major investor in precious metals) can provide context.
• The allocation to specific sectors like airlines can be benchmarked against industry averages to assess whether U S Global Investors is overweight or underweight in those areas.
• Analyzing the performance of these holdings relative to industry benchmarks (e.g., airline indices, gold prices) can indicate the effectiveness of the firm's investment strategy.

Stakeholder Impact

• Shareholders of U S Global Investors Inc. can use this information to understand the firm's investment strategy.
• The holdings may influence the stock prices of the companies listed.
• The investment decisions reflect the firm's view on various sectors, potentially impacting those industries.

Key Dates