Kercheville Advisors
San Antonio, TXfiles as Kercheville Advisors, LLC
$328m in 108 US stocks at the end of 30 June 2026. The top 10 are 44.7% of the money. It changed about 18.4% of the portfolio this quarter.
Value
$328m
Stocks
108
Top 10 share
44.7%
Turnover
18.4%
What changed this quarter
New
Bought for the first time this quarter.
- IntelINTC1.5% of the fund
- Space Exploration TechnologiesSPCX0.5% of the fund
- Marvell TechnologyMRVL0.5% of the fund
- Ishares TRIWM0.4% of the fund
- PersonalisPSNL0.4% of the fund
- SandiskSNDK0.3% of the fund
- Palo Alto NetworksPANW0.3% of the fund
- Credo Technology Group HoldingCRDO0.1% of the fund
- Vertiv HoldingsVRT0.1% of the fund
- CrowdStrike HoldingsCRWD<0.1% of the fund
- Royal Caribbean CruisesRCL<0.1% of the fund
- Goldman Sachs ETF TRGPIQ<0.1% of the fund
- Applied MaterialsAMAT<0.1% of the fund
Added
Bought more of a stock they already held.
- Sunoco Lp/sunoco FINSUN3.3% of the fund+3%
- GE VernovaGEV2.9% of the fund+6%
- Eli LillyLLY2.2% of the fund+193%
- Dell TechnologiesDELL2.2% of the fund+193%
- CaterpillarCAT1.7% of the fund+81%
- StarbucksSBUX1.3% of the fund+27%
- Spdr Series TrustXBI1.2% of the fund+322%
- Enterprise Products Partners L.P.EPD1.2% of the fund+10%
- Reaves Utility Income FundUTG0.6% of the fund+4%
- Energy Transfer L PET0.6% of the fund+29%
- CorningGLW0.5% of the fund+125%
- Tortoise Energy InfrastructureTYG0.4% of the fund+37%
- Akamai TechnologiesAKAM0.3% of the fund+18%
- Western Midstream Partners LWES0.3% of the fund+14%
- United Parcel ServiceUPS0.2% of the fund+10%
- BoeingBA0.2% of the fund+5%
- Goldman Sachs GroupGS0.2% of the fund+45%
- AT&TT0.1% of the fund+2%
- Nuveen Municipal High Income Opportunity FundNMZ<0.1% of the fund+67%
- Capital GRP Fixed Incm ETF TCGSD<0.1% of the fund+4%
- Goldman Sachs ETF TRGPIX<0.1% of the fund+10%
- Bristol-Myers SquibbBMY<0.1% of the fund+3%
- Nuveen New York Amt-Free Quality Municipal Income FundNRK<0.1% of the fund+9%
Cut
Sold some of their stake.
- NvidiaNVDA6.8% of the fund-3%
- Agnico Eagle MinesAEM3.9% of the fund-21%
- Costco WholesaleCOST3.5% of the fund-2%
- Advanced Micro DevicesAMD3.0% of the fund-6%
- AlphabetGOOGL2.8% of the fund-4%
- Vaneck ETF TrustGDX2.4% of the fund-20%
- Meta PlatformsMETA2.3% of the fund-22%
- Micron TechnologyMU2.1% of the fund-51%
- Vaneck ETF TrustGDXJ1.9% of the fund-25%
- Bloom EnergyBE1.7% of the fund-41%
- MicrosoftMSFT1.4% of the fund-18%
- CamecoCCJ1.3% of the fund-4%
- NetflixNFLX1.3% of the fund-32%
- BlackstoneBX1.0% of the fund-2%
- Celsius HoldingsCELH0.9% of the fund-40%
- Spdr Gold TRGLD0.8% of the fund-6%
- Uber TechnologiesUBER0.7% of the fund-7%
- Berkshire HathawayBRK-B0.6% of the fund-12%
- Alamos GoldAGI0.6% of the fund-14%
- Palantir TechnologiesPLTR0.6% of the fund-34%
- Nuveen AMT Free Qlty MUNXNEAX0.5% of the fund-6%
- ChevronCVX0.4% of the fund-8%
- McDonald'sMCD0.4% of the fund-2%
- SynopsysSNPS0.3% of the fund-55%
- Seagate Technology HoldingsSTX0.2% of the fund-16%
Sold out
Sold their entire stake.
- ExxonMobil HoldingsXOM-100%
- Ishares Silver TRSLV-100%
- SLB LimitedSLB-100%
- LAS Vegas SandsLVS-100%
- Diamondback EnergyFANG-100%
- HalliburtonHAL-100%
- Baker HughesBKR-100%
- Kinross GoldKGC-100%
- IsharesEWY-100%
- McEwenMUX-100%
- Nuveen PA Invt Quality MUN FXNQPX-100%
Holdings
- Agnico Eagle MinesAEM
- Share
- 3.9%
- Value
- $13m
- Shares
- 81,877
-21%
- Sunoco Lp/sunoco FINSUN
- Share
- 3.3%
- Value
- $11m
- Shares
- 159,086
+3%
- Vaneck ETF TrustGDX
- Share
- 2.4%
- Value
- $8m
- Shares
- 103,776
-20%
- Mplx LPMPLX
- Share
- 2.4%
- Value
- $8m
- Shares
- 137,657
Held
- Vaneck ETF TrustGDXJ
- Share
- 1.9%
- Value
- $6m
- Shares
- 64,321
-25%
- CamecoCCJ
- Share
- 1.3%
- Value
- $4m
- Shares
- 41,702
-4%
- Spdr Series TrustXBI
- Share
- 1.2%
- Value
- $4m
- Shares
- 24,795
+322%
- Spdr Gold TRGLD
- Share
- 0.8%
- Value
- $3m
- Shares
- 7,144
-6%
- Alamos GoldAGI
- Share
- 0.6%
- Value
- $2m
- Shares
- 66,425
-14%
- Reaves Utility Income FundUTG
- Share
- 0.6%
- Value
- $2m
- Shares
- 49,353
+4%
- Energy Transfer L PET
- Share
- 0.6%
- Value
- $2m
- Shares
- 100,459
+29%
- Nuveen AMT Free Qlty MUNXNEAX
- Share
- 0.5%
- Value
- $2m
- Shares
- 137,134
-6%
- Space Exploration TechnologiesSPCX
- Share
- 0.5%
- Value
- $2m
- Shares
- 8,890
New
- Pimco ETF TRPYLD
- Share
- 0.5%
- Value
- $2m
- Shares
- 57,030
Held
- Tortoise Energy InfrastructureTYG
- Share
- 0.4%
- Value
- $1m
- Shares
- 31,559
+37%
- Ishares TRIWM
- Share
- 0.4%
- Value
- $1m
- Shares
- 4,360
New
- Nuveen Quality Municipal Income FundNAD
- Share
- 0.3%
- Value
- $1m
- Shares
- 92,362
Held
- Western Midstream Partners LWES
- Share
- 0.3%
- Value
- $962,720
- Shares
- 22,000
+14%
- Nuveen AMT-Free Municipal Credit Income FundNVG
- Share
- 0.2%
- Value
- $756,769
- Shares
- 59,123
-11%
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.2%
- Value
- $748,850
- Shares
- 1
Held
- Templeton Emerging Markets Income FundTEI
- Share
- 0.1%
- Value
- $435,665
- Shares
- 64,639
Held
- Select Sector Spdr TRXLU
- Share
- 0.1%
- Value
- $435,264
- Shares
- 9,600
Held
- Alps ETF TRAMLP
- Share
- 0.1%
- Value
- $422,578
- Shares
- 8,150
Held
- Franco NevadaFNV
- Share
- 0.1%
- Value
- $381,834
- Shares
- 1,832
Held
- Nuveen Municipal High Income Opportunity FundNMZ
- Share
- <0.1%
- Value
- $310,374
- Shares
- 29,364
+67%
- Capital GRP Fixed Incm ETF TCGSD
- Share
- <0.1%
- Value
- $273,253
- Shares
- 10,620
+4%
- Goldman Sachs ETF TRGPIX
- Share
- <0.1%
- Value
- $270,626
- Shares
- 4,870
+10%
- First TR Exchng Traded FD VIDJAN
- Share
- <0.1%
- Value
- $259,488
- Shares
- 5,700
Held
- Invesco Trust for Investment Grade MunicipalsVGM
- Share
- <0.1%
- Value
- $235,046
- Shares
- 22,174
Held
- Goldman Sachs ETF TRGPIQ
- Share
- <0.1%
- Value
- $225,378
- Shares
- 3,800
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 6.8% | $22m | 111,087 | -3% |
| Amazon.comAMZN | 6.6% | $22m | 91,063 | Held |
| AppleAAPL | 6.1% | $20m | 69,676 | Held |
| AlphabetGOOG | 5.8% | $19m | 53,782 | Held |
| Agnico Eagle MinesAEM | 3.9% | $13m | 81,877 | -21% |
| Costco WholesaleCOST | 3.5% | $11m | 12,171 | -2% |
| Sunoco Lp/sunoco FINSUN | 3.3% | $11m | 159,086 | +3% |
| Advanced Micro DevicesAMD | 3.0% | $10m | 17,100 | -6% |
| GE VernovaGEV | 2.9% | $10m | 8,130 | +6% |
| AlphabetGOOGL | 2.8% | $9m | 25,952 | -4% |
| Vaneck ETF TrustGDX | 2.4% | $8m | 103,776 | -20% |
| Mplx LPMPLX | 2.4% | $8m | 137,657 | Held |
| Meta PlatformsMETA | 2.3% | $8m | 13,634 | -22% |
| Eli LillyLLY | 2.2% | $7m | 6,001 | +193% |
| Dell TechnologiesDELL | 2.2% | $7m | 16,550 | +193% |
| WalmartWMT | 2.2% | $7m | 62,399 | Held |
| Micron TechnologyMU | 2.1% | $7m | 5,998 | -51% |
| TeslaTSLA | 2.0% | $7m | 15,895 | Held |
| Vaneck ETF TrustGDXJ | 1.9% | $6m | 64,321 | -25% |
| Bloom EnergyBE | 1.7% | $6m | 18,765 | -41% |
| ImmunityBioIBRX | 1.7% | $6m | 644,685 | Held |
| CaterpillarCAT | 1.7% | $6m | 5,190 | +81% |
| IntelINTC | 1.5% | $5m | 35,381 | New |
| Southwest AirlinesLUV | 1.4% | $5m | 89,874 | Held |
| MicrosoftMSFT | 1.4% | $5m | 12,294 | -18% |
| StarbucksSBUX | 1.3% | $4m | 41,868 | +27% |
| CamecoCCJ | 1.3% | $4m | 41,702 | -4% |
| NetflixNFLX | 1.3% | $4m | 57,786 | -32% |
| Spdr Series TrustXBI | 1.2% | $4m | 24,795 | +322% |
| Enterprise Products Partners L.P.EPD | 1.2% | $4m | 102,920 | +10% |
| BlackstoneBX | 1.0% | $3m | 27,460 | -2% |
| Celsius HoldingsCELH | 0.9% | $3m | 106,330 | -40% |
| Spdr Gold TRGLD | 0.8% | $3m | 7,144 | -6% |
| Uber TechnologiesUBER | 0.7% | $2m | 33,461 | -7% |
| Berkshire HathawayBRK-B | 0.6% | $2m | 4,156 | -12% |
| Alamos GoldAGI | 0.6% | $2m | 66,425 | -14% |
| Reaves Utility Income FundUTG | 0.6% | $2m | 49,353 | +4% |
| Energy Transfer L PET | 0.6% | $2m | 100,459 | +29% |
| Palantir TechnologiesPLTR | 0.6% | $2m | 16,410 | -34% |
| CorningGLW | 0.5% | $2m | 7,055 | +125% |
| Nuveen AMT Free Qlty MUNXNEAX | 0.5% | $2m | 137,134 | -6% |
| Space Exploration TechnologiesSPCX | 0.5% | $2m | 8,890 | New |
| Pimco ETF TRPYLD | 0.5% | $2m | 57,030 | Held |
| Cisco SystemsCSCO | 0.5% | $2m | 12,815 | Held |
| Marvell TechnologyMRVL | 0.5% | $1m | 5,014 | New |
| DeereDE | 0.4% | $1m | 2,260 | Held |
| ChevronCVX | 0.4% | $1m | 8,481 | -8% |
| Tortoise Energy InfrastructureTYG | 0.4% | $1m | 31,559 | +37% |
| McDonald'sMCD | 0.4% | $1m | 4,972 | -2% |
| Ishares TRIWM | 0.4% | $1m | 4,360 | New |
| PersonalisPSNL | 0.4% | $1m | 93,800 | New |
| Home DepotHD | 0.3% | $1m | 3,175 | Held |
| Nuveen Quality Municipal Income FundNAD | 0.3% | $1m | 92,362 | Held |
| SandiskSNDK | 0.3% | $1m | 490 | New |
| Palo Alto NetworksPANW | 0.3% | $1m | 3,200 | New |
| SynopsysSNPS | 0.3% | $995,261 | 2,231 | -55% |
| Alamo GroupALG | 0.3% | $970,491 | 5,900 | Held |
| Akamai TechnologiesAKAM | 0.3% | $969,322 | 8,200 | +18% |
| Western Midstream Partners LWES | 0.3% | $962,720 | 22,000 | +14% |
| Seagate Technology HoldingsSTX | 0.2% | $772,000 | 800 | -16% |
| Nuveen AMT-Free Municipal Credit Income FundNVG | 0.2% | $756,769 | 59,123 | -11% |
| Berkshire Hathaway INC DELBRK-A | 0.2% | $748,850 | 1 | Held |
| BroadcomAVGO | 0.2% | $723,391 | 1,915 | -4% |
| ShopifySHOP | 0.2% | $699,923 | 6,130 | -11% |
| United Parcel ServiceUPS | 0.2% | $665,208 | 6,188 | +10% |
| BoeingBA | 0.2% | $630,723 | 2,914 | +5% |
| Trane TechnologiesTT | 0.2% | $567,781 | 1,156 | Held |
| Goldman Sachs GroupGS | 0.2% | $549,174 | 543 | +45% |
| Steel DynamicsSTLD | 0.2% | $546,574 | 2,382 | Held |
| Upstart HoldingsUPST | 0.2% | $531,450 | 15,000 | Held |
| MerckMRK | 0.2% | $514,386 | 4,003 | Held |
| Western DigitalWDC | 0.2% | $510,976 | 800 | -33% |
| Uranium EnergyUEC | 0.1% | $486,096 | 45,600 | -25% |
| GarminGRMN | 0.1% | $475,080 | 2,000 | Held |
| Valero EnergyVLO | 0.1% | $468,171 | 1,798 | Held |
| Templeton Emerging Markets Income FundTEI | 0.1% | $435,665 | 64,639 | Held |
| Select Sector Spdr TRXLU | 0.1% | $435,264 | 9,600 | Held |
| Alps ETF TRAMLP | 0.1% | $422,578 | 8,150 | Held |
| Credo Technology Group HoldingCRDO | 0.1% | $390,248 | 1,435 | New |
| Franco NevadaFNV | 0.1% | $381,834 | 1,832 | Held |
| Vertiv HoldingsVRT | 0.1% | $368,389 | 1,100 | New |
| AbbVieABBV | 0.1% | $356,396 | 1,416 | Held |
| VisaV | 0.1% | $353,726 | 1,031 | -9% |
| AT&TT | 0.1% | $338,707 | 16,363 | +2% |
| Nuveen Municipal High Income Opportunity FundNMZ | <0.1% | $310,374 | 29,364 | +67% |
| Altria GroupMO | <0.1% | $310,297 | 4,313 | -2% |
| AeroVironmentAVAV | <0.1% | $292,999 | 1,775 | -4% |
| Xcel EnergyXEL | <0.1% | $292,372 | 3,641 | Held |
| CrowdStrike HoldingsCRWD | <0.1% | $274,730 | 360 | New |
| Capital GRP Fixed Incm ETF TCGSD | <0.1% | $273,253 | 10,620 | +4% |
| Goldman Sachs ETF TRGPIX | <0.1% | $270,626 | 4,870 | +10% |
| First TR Exchng Traded FD VIDJAN | <0.1% | $259,488 | 5,700 | Held |
| Verizon CommunicationsVZ | <0.1% | $245,925 | 5,808 | Held |
| Bristol-Myers SquibbBMY | <0.1% | $238,976 | 4,147 | +3% |
| Invesco Trust for Investment Grade MunicipalsVGM | <0.1% | $235,046 | 22,174 | Held |
| Royal Caribbean CruisesRCL | <0.1% | $227,524 | 717 | New |
| Goldman Sachs ETF TRGPIQ | <0.1% | $225,378 | 3,800 | New |
| Freeport-McMoRanFCX | <0.1% | $222,108 | 3,532 | Held |
| Marathon PetroleumMPC | <0.1% | $221,666 | 867 | Held |
| SoFi TechnologiesSOFI | <0.1% | $220,360 | 12,290 | Held |
Showing the largest 100 of 108.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 13.4% since 30 June 2025.
Where the money is
Technology28.0%
Media & telecom12.4%
Retail & consumer10.9%
Industrials10.0%
Everyday goods6.7%
Materials6.3%
Health care4.6%
Financial services2.1%
Utilities1.2%
Energy0.6%
Other17.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.