13F Insight
DOSSIER · 13F-HR · Q1 2026

Basepoint Wealth LLC

$175M in tracked AUM across 643 positions as of Q1 2026.

BW
CIK 0002088236 · last filed Mar 31, 2026
Total AUM
$175M
as of Q1 2026
Holdings
643
—
positions
Whale Score
47
47
tracked
Activity
—
no data
changes this Q
AI Analysis · Q1 2026
Comprehensive Analysis of Basepoint Wealth LLC 13F Filing
1. Portfolio Overview

Basepoint Wealth LLC manages a concentrated portfolio with a total value of approximately $88.67 million as of September 30, 2025. This represents a growth of +11.7% from the previous quarter's value of $79.36 million. The portfolio consists of 43 holdings, indicating a strategy that balances core concentration with satellite diversification.

The portfolio is characterized by a distinct "barbell" s...

2. Key Holdings

The most defining feature of this portfolio is the overwhelming allocation to physical precious metals trusts.

  • SPROTT PHYSICAL GOLD TRUST (PHYS): This is the largest position, valued at $31.40 million, representing a massive 35.42% of the total portfolio. The firm holds 1.06 million shares.
  • SPROTT PHYSICAL SILVER TRUST (PSLV): The second-largest holding, valued at $25.44 million, accounts for 28.69% of the portfolio. The firm holds 1.62 million shares.

Combined, PHYS and PSLV constitute approximately 64.11% of the entire portfolio value. This indicates an investment thesis heavily weighted toward inflation hedging, currency debasement protection, or defensive positioning against market volatility.

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
PHYS
SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR
$28M788K16.0%02
PSLV
SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER
$24M974K13.6%03
AKRE
AKRE FOCUS ETF
$18M336K10.1%04
DE
DEERE & CO COM
$7M12K3.8%05
XLU
STATE STREET UTILITIES SELECT SECTOR SPDR ETF
$6M123K3.2%06
BRK/B
BERKSHIRE HATHAWAY INC DEL CL B NEW
$5M10K2.8%07
PEO
ADAM NAT RES FD INC COM
$5M166K2.6%08
AAPL
APPLE INC COM
$3M12K1.8%09
INGR
INGREDION INC COM
$3M24K1.6%10
NVDA
NVIDIA CORPORATION COM
$3M15K1.5%

Filing history

2026Q1Mar 31
$175M▲ 6.2%
643 positionsView →2025Q4Dec 31
$165M▲ 85.6%
601 positionsView →2025Q3Sep 30
$89M▲ 11.7%
43 positionsView →2025Q2Jun 30
$79M▲ 1.1%
42 positionsLocked2025Q1Mar 31
$78M▲ 7.3%
42 positionsLocked2024Q4Dec 31
$73M▼ 7.2%
44 positionsLocked2024Q3Sep 30
$79M▲ 6.3%
45 positionsLocked2024Q2Jun 30
$74M▼ 0.2%
46 positionsLocked2024Q1Mar 31
$74M▲ 2.8%
46 positionsLocked2023Q4Dec 31
$72M▼ 1.4%
43 positionsLocked2023Q3Sep 30
$73M▲ 2.3%
42 positionsLocked2023Q2Jun 30
$72M▼ 0.2%
42 positionsLocked
Showing 12 of 18