Merk Investments Llc Q2 2026: Significant Gold Sector Buys
Merk Investments Llc significantly increased its holdings in gold mining stocks during the second quarter of 2026, with a major purchase of NEW FOUND GOLD CORP shares.
As reported for Merk Investments Llc, this filing covers investment activity from Q1 to Q2 2026. The fund demonstrated notable buying behavior during the quarter.
The most significant action was a substantial increase in its position of NEW FOUND GOLD CORP (NFGC). According to the data, Merk added over 11.5 million shares, representing an unprecedented 243% change from the previous period and contributing approximately NEW FOUND GOLD CORP stock now accounts for about 8.03% of its total portfolio value.
In addition to this massive stake increase, Merk Investments Llc also boosted its position in ORLA MNG LTD NEW (ORLA) by approximately 800,000 shares during the quarter. This resulted in a roughly 12.9% change from prior period holdings and increased ORLA MNG LTD NEW allocation to nearly 21.86% of its portfolio.
The fund's focus appears heavily concentrated within the gold sector, as evidenced by these two large purchases totaling over $90 million in value combined with their existing holdings. The filing shows that Merk holds a total of nine stocks and ETFs, but most other positions remained unchanged during this period.
Furthermore, there was activity involving VANECK MERK GOLD ETF (OUNZ), which saw its share count decrease by about 13% from the prior quarter. This resulted in a portfolio percentage allocation drop of roughly -12.88%, meaning Merk sold some shares of this fund.
Overall, these changes highlight that Merk Investments Llc has been actively investing in gold-related assets during Q2 2026. The data shows a clear preference for increasing exposure to specific gold mining companies rather than broadening its holdings significantly elsewhere at this time.