Gemsstock Ltd. 13F: Quarter-over-Quarter Portfolio Changes
Gemsstock Ltd. reported a disclosed portfolio value of approximately $948.8 million in its latest SEC Form 13F-HR filing for Q1 2026, up 19.6% quarter on quarter. Over the quarter, the fund initiated 13 new positions, bought more shares in 14 holdings, trimmed 1 holding, and exited 7 positions.
Gemsstock Ltd.'s top buy was a new stake in Alphabet Cl C (GOOG) , equal to 4.0% of the disclosed portfolio. Its top sell was Ishares Tr (SOXX) . The fund exited the position completely after it had accounted for 6.8% of the previous portfolio.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| ALPHABET CL C | GOOG | 4.0% | Holders → |
| UBS GROUP AG | UBS | 2.6% | Holders → |
| GRUPO FINANCIERO GALICIA S.A | GGAL | 2.3% | Holders → |
| DEUTSCHE BK AG | DB | 2.2% | Holders → |
| VALE S A | VALE | 2.1% | Holders → |
| NVIDIA CORPORATION COM | NVDA | 2.0% | Holders → |
| SALESFORCE INC | CRM | 2.0% | Holders → |
| NU HOLDINGS LTD | NU | 2.0% | Holders → |
| VANECK ETF TRUST | GDX | 2.0% | Holders → |
| GLOBAL X FDS | COPX | 1.9% | Holders → |
| ISHARES SILVER TR | SLV | 1.4% | Holders → |
| ELDORADO GOLD CORP NEW | EGO | 1.1% | Holders → |
| ISHARES INC | TUR | 0.1% | Holders → |
Top BuysQ1 2026
Showing the top 10 buys among 14 existing positions where the fund bought more shares in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| JSC KASPI.KZ | KSPI | +2.1% | +170.4% | History → |
| EQUINOX GOLD CORP | EQX | +3.4% | +58.7% | History → |
| TECK RESOURCES LTD | TECK | +0.6% | +51.9% | Holders → |
| GULFPORT ENERGY CORP | GPOR | +2.5% | +50.7% | History → |
| AMAZON.COM | AMZN | +-0.0% | +32.0% | History → |
| MERCADOLIBRE INC | MELI | +-0.2% | +27.4% | Holders → |
| NEWMONT CORP | NEM | +0.4% | +20.3% | History → |
| BARRICK MNG CORP | B | +-0.5% | +17.7% | History → |
| JPMORGAN | JPM | +-0.2% | +16.5% | Holders → |
| VISTA ENERGY SAB | VIST | +1.6% | +9.3% | History → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| COMSTOCK RES INC | CRK | -0.6% | 1.7% | Holders → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| ISHARES TR | SOXX | 6.8% |
| INVESCO QQQ TR | QQQ | 6.6% |
| ISHARES INC | EWY | 6.1% |
| ISHARES TR | EEM | 4.9% |
| VANECK ETF TRUST | SMH | 4.5% |
| MICROSOFT | MSFT | 4.1% |
| VANECK ETF TRUST | GDXJ | 1.9% |
Net Portfolio Value ChangeQ1 2026
- $0.8BPrior quarter
- $0.9BCurrent quarter
- +$0.2BNet delta
- +19.6%% change
Methodology & FAQ
How Gemsstock Ltd. Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Gemsstock Ltd.: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did Gemsstock Ltd. buy in Q1 2026?
In Q1 2026, Gemsstock Ltd. initiated 13 new positions (ALPHABET CL C (GOOG), UBS GROUP AG (UBS), GRUPO FINANCIERO GALICIA S.A (GGAL), DEUTSCHE BK AG (DB), VALE S A (VALE), NVIDIA CORPORATION COM (NVDA), SALESFORCE INC (CRM), NU HOLDINGS LTD (NU), VANECK ETF TRUST (GDX), GLOBAL X FDS (COPX), ISHARES SILVER TR (SLV), ELDORADO GOLD CORP NEW (EGO), ISHARES INC (TUR)); bought more shares of JSC KASPI.KZ (KSPI), EQUINOX GOLD CORP (EQX), TECK RESOURCES LTD (TECK), GULFPORT ENERGY CORP (GPOR), AMAZON.COM (AMZN) — the largest 5 of 14 adds.
What stocks did Gemsstock Ltd. sell in Q1 2026?
In Q1 2026, Gemsstock Ltd. fully sold 7 positions (ISHARES TR (SOXX), INVESCO QQQ TR (QQQ), ISHARES INC (EWY), ISHARES TR (EEM), VANECK ETF TRUST (SMH), MICROSOFT (MSFT), VANECK ETF TRUST (GDXJ)); reduced holdings in COMSTOCK RES INC (CRK).
Which positions did Gemsstock Ltd. initiate in Q1 2026?
Gemsstock Ltd. established 13 new positions in Q1 2026: ALPHABET CL C (GOOG, 4.0%), UBS GROUP AG (UBS, 2.6%), GRUPO FINANCIERO GALICIA S.A (GGAL, 2.3%), DEUTSCHE BK AG (DB, 2.2%), VALE S A (VALE, 2.1%), NVIDIA CORPORATION COM (NVDA, 2.0%), SALESFORCE INC (CRM, 2.0%), NU HOLDINGS LTD (NU, 2.0%), VANECK ETF TRUST (GDX, 2.0%), GLOBAL X FDS (COPX, 1.9%), ISHARES SILVER TR (SLV, 1.4%), ELDORADO GOLD CORP NEW (EGO, 1.1%), ISHARES INC (TUR, 0.1%).
Which existing positions saw the largest allocation increases for Gemsstock Ltd. in Q1 2026?
Of 14 existing positions with share-count increases in Q1 2026, the largest were: JSC KASPI.KZ (KSPI, +2.1% weight, +170.4% shares), EQUINOX GOLD CORP (EQX, +3.4% weight, +58.7% shares), TECK RESOURCES LTD (TECK, +0.6% weight, +51.9% shares), GULFPORT ENERGY CORP (GPOR, +2.5% weight, +50.7% shares), AMAZON.COM (AMZN, +-0.0% weight, +32.0% shares), MERCADOLIBRE INC (MELI, +-0.2% weight, +27.4% shares), NEWMONT CORP (NEM, +0.4% weight, +20.3% shares), BARRICK MNG CORP (B, +-0.5% weight, +17.7% shares), JPMORGAN (JPM, +-0.2% weight, +16.5% shares), VISTA ENERGY SAB (VIST, +1.6% weight, +9.3% shares).
Which positions did Gemsstock Ltd. fully exit in Q1 2026?
Gemsstock Ltd. fully exited 7 positions in Q1 2026: ISHARES TR (SOXX, last-reported weight 6.8%), INVESCO QQQ TR (QQQ, last-reported weight 6.6%), ISHARES INC (EWY, last-reported weight 6.1%), ISHARES TR (EEM, last-reported weight 4.9%), VANECK ETF TRUST (SMH, last-reported weight 4.5%), MICROSOFT (MSFT, last-reported weight 4.1%), VANECK ETF TRUST (GDXJ, last-reported weight 1.9%).
Which existing positions saw the largest allocation reductions for Gemsstock Ltd. in Q1 2026?
Of 1 existing position with share-count reductions in Q1 2026, the largest were: COMSTOCK RES INC (CRK, -0.6% weight, -1.7% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.