MINING FUND DASHBOARD
斯普罗特 — 矿业板块最新季度持仓分析
商品资源专长 · 2026Q1 vs 2025Q4 · 净市值 $1.8B · 92只标的
▲ Top Net Inflows (净增持)
| 标的名称 | 品类 | 净变动/变动率 |
|---|---|---|
| ▲ PAN AMERN SILVER CORP | Silver / Gold | +$37M +92.5% |
| ▲ SPROTT FOCUS TR INC | Gold / Silver ETF | +$14M +10.6% |
| ▲ IAMGOLD CORP | Gold / Silver | +$10M +8.6% |
| ▲ WHEATON PRECIOUS METALS CORP | Royalty / Streaming | +$9M +9.0% |
| ▲ FRANCO NEV CORP | Royalty / Streaming | +$7M +14.0% |
| ▲ PERPETUA RESOURCES CORP | Antimony | +$7M +11.8% |
| ▲ ANGLOGOLD ASHANTI PLC | Gold / Silver | +$7M +11.9% |
| ▲ KINROSS GOLD CORP | Gold / Silver | +$6M +8.9% |
| ▲ OR ROYALTIES INC | Royalty / Streaming | +$5M +6.0% |
| ▲ ALAMOS GOLD INC | Gold / Silver | +$5M +11.2% |
| 🆕 METALLA RTY & STREAMING LTD | Royalty / Streaming | 首次建仓 |
| 🆕 CONTANGO SILVER & GOLD INC | Gold / Silver | 首次建仓 |
| 🆕 AVINO SILVER & GOLD MINES LT | Silver / Gold | 首次建仓 |
| 🆕 SIBANYE STILLWATER LTD | Platinum Group Metals | 首次建仓 |
| 🆕 GRANITESHARES PLATINUM TR | Platinum Group Metals | 首次建仓 |
▼ Top Net Outflows (净减持)
| 标的名称 | 品类 | 净变动/变动率 |
|---|---|---|
| ▼ VIZSLA SILVER CORP | Silver / Gold | $-57M -50.2% |
| ▼ BARRICK GOLD CORP | Gold / Silver | $-41M -38.8% |
| ▼ SSR MINING IN | Silver / Gold | $-17M -47.2% |
| ▼ ERO COPPER CORP | Copper / Base Metals | $-13M -57.4% |
| ▼ ELDORADO GOLD CORP NEW | Gold / Silver | $-11M -17.6% |
| ▼ OSISKO DEVELOPMENT CORP | Royalty / Streaming | $-11M -70.5% |
| ▼ NEW FOUND GOLD CORP | Gold / Silver | $-9M -36.7% |
| ▼ COEUR MNG INC | Silver / Gold | $-5M -4.1% |
| ▼ SOLARIS RES INC | Copper / Base Metals | $-5M -25.6% |
| ▼ AMERICAS GOLD AND SILVER COR | Gold / Silver | $-3M -32.2% |
| ✕ HELMERICH AMP PAYNE INC | Other Mining | -100.0% |
| ✕ NEW GOLD INC CDA | Gold / Silver | -100.0% |
| ✕ METALLA RTY AMP STREAMING LTD | Royalty / Streaming | -100.0% |
| ✕ LANDBRIDGE COMPANY LLC | Other Mining | -100.0% |
| ✕ SLB LIMITED | Other Mining | -100.0% |
◆ Core Holdings & Allocation (核心持仓)
Top 5 重仓股
SPROTT FOCUS TR INC$148M (8.29%)
EQUINOX GOLD CORP$138M (7.71%)
COEUR MNG INC$128M (7.15%)
IAMGOLD CORP$125M (6.97%)
WHEATON PRECIOUS METALS CORP$115M (6.40%)
商品配置矩阵 (QoQ)
Gold / Silver-0.5%41.1% → 40.6%
Royalty / Streaming+1.7%19.9% → 21.6%
Silver / Gold-1.5%19.8% → 18.4%
Gold / Silver ETF+1.1%8.4% → 9.6%
Antimony+0.5%3.1% → 3.6%
Uranium+0.8%2.2% → 3.0%
Copper / Base Metals-0.8%2.5% → 1.7%
Other Mining-1.9%2.0% → 0.2%
📈 增持复盘分析
本季度斯普罗特矿业总敞口$1.8B（2026Q1），较上季$-69M(-3.7%)持仓92只矿业标的。主力增仓赛道锁定Silver / Gold，核心敞口集中在Gold / Silver（40.6%权重）。
📉 减持复盘分析
减持端主要动向集中在Silver / Gold板块，其中VIZSLA SILVER CORP净流出$-57M，反映出对前期拥挤品种的战术性获利了结。整体减仓有序，未见恐慌性清仓信号。
🔄 行业轮动特征
商品配置结构演变：Other Mining -1.9%；Royalty / Streaming +1.7%；Silver / Gold -1.5%。该基金在矿业配置上展现出商品资源专长的典型特征，以商品周期择时为主逻辑。
⚠ 投研核心关注
出现5只标的清仓，需核实是否为策略性清理
MINING DASHBOARD · Sprott Inc. · 2026Q1 · 2026-05-28 11:07