Electrum Group LLC

NEW YORK, NY · CIK 1565641 · 13F filing filed 2026-08-10

SEC-registered investment adviser since 2012 · limited liability company

Assets managed$2.5bn
Staff14 · 9 in investment roles
Main clients (by assets)Private funds 100%
Private funds3 · $2.5bn gross assets
Websiteelectrum-group.com
Form ADV · 2026-03-30SEC adviser record

$3.4bn reported value +212.8% vs Q1 2026

10positions

100.0%in top 10

2 new 0 added 0 reduced 0 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change
1	SINDA LTD COMMON STOCK SIND	SIND	122,953,908	$1.5bn43.58%	43.58%	New
2	SUNSHINE SILVER MNG & REFNG COMMON STOCK SSMR	SSMR	85,364,838	$1.1bn33.33%	33.33%	New
3	NOVAGOLD RES INC COM NEW NG	NG	92,902,813	$554.6m16.38%	16.38%	Unchanged
4	TRILOGY METALS INC NEW COM TMQ	TMQ	31,604,741	$110.9m3.28%	3.28%	Unchanged
5	INTERNATIONAL TOWER HILL MIN COM THM	THM	31,918,825	$63.5m1.88%	1.88%	Unchanged
6	AMPLIFY ETF TR AMPLIFY JUNIOR S SILJ	SILJ	777,615	$20.2m0.60%	0.60%	Unchanged
7	GLOBAL X FDS GLOBAL X SILVER SIL	SIL	251,009	$19.4m0.57%	0.57%	Unchanged
8	HECLA MNG CO COM HL	HL	356,251	$5.5m0.16%	0.16%	Unchanged
9	PAN AMERN SILVER CORP COM PAAS	PAAS	92,130	$4.1m0.12%	0.12%	Unchanged
10	COEUR MNG INC COM NEW CDE	CDE	200,315	$3.3m0.10%	0.10%	Unchanged

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
TRILOGY METALS INC NEW TMQ · 13D · filed 2025-12-29	TMQ	18.5%≈ $110.9m		13D	2025-12-29