Q2 2026 13F · SEC CIK 1890748

Kercheville Advisors, LLC

Wealth managerFiled 2026-07-30 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $328.4M
Reported positions: 108
Top holdings a year, 3 yrs: +24.1%
Assets under management: $554.7M

Kercheville Advisors, LLC is a wealth manager that reported 108 positions worth $328.4M in its Q2 2026 13F, filed 2026-07-30. Its largest holdings were Nvidia Corporation Com (NVDA, 6.8%), Amazon Com Inc Com (AMZN, 6.6%), Apple Inc (AAPL, 6.1%). A portfolio copying its top holdings returned 24.1% a year over the last 3 years, against 20.4% for the S&P 500.

Kercheville Advisors, LLC holdings largest 50 of 108 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Kercheville Advisors, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation Com	6.8%	6.4%	111,087	-2.7%	$22.2M
AMZNAmazon Com Inc Com	6.6%	6.1%	91,063	-0.4%	$21.7M
AAPLApple Inc	6.1%	5.7%	69,676	-0.7%	$20.2M
GOOGAlphabet Inc	5.8%	5.0%	53,782	-1.4%	$19.0M
AEMAgnico Eagle Mines Ltd	3.9%	6.7%	81,877	-20.9%	$12.7M
COSTCostco Whsl Corp New	3.5%	4.0%	12,171	-2.5%	$11.4M
SUNSunoco Lp/sunoco Fin Corp	3.3%	3.2%	159,086	+3.2%	$10.7M
AMDAdvanced Micro Devices Inc	3.0%	1.2%	17,100	-5.7%	$9.9M
GEVGe Vernova Inc	2.9%	2.1%	8,130	+6.5%	$9.6M
GOOGLAlphabet Inc	2.8%	2.5%	25,952	-4.0%	$9.3M
GDXVaneck Gold Miners ETF	2.4%	3.8%	103,776	-20.1%	$7.8M
MPLXMplx LP	2.4%	2.5%	137,657	+1.7%	$7.8M
METAMeta Platforms Inc Class A	2.3%	3.2%	13,634	-22.3%	$7.7M
LLYLilly Eli & Co	2.2%	0.6%	6,001	+193.0%	$7.2M
DELLDell Technologies Inc	2.2%	—	16,550	—	$7.1M
WMTWalmart Inc	2.2%	2.5%	62,399	-1.8%	$7.1M
MUMicron Technology Inc	2.1%	1.3%	5,998	-51.5%	$6.9M
TSLATesla Inc Com	2.0%	1.9%	15,895	+0.5%	$6.7M
GDXJVaneck ETF Trust	1.9%	3.3%	64,321	-24.7%	$6.3M
BEBloom Energy Corp	1.7%	1.4%	18,765	-41.1%	$5.7M
IBRXImmunitybio Inc	1.7%	1.6%	644,685	+0.2%	$5.6M
CATCaterpillar Inc Com	1.7%	0.6%	5,190	+81.2%	$5.5M
INTCIntel Corp	1.5%	—	35,381	—	$4.9M
LUVSouthwest Airls Co	1.4%	1.1%	89,874	-0.3%	$4.6M
MSFTMicrosoft Corp	1.4%	1.8%	12,294	-17.9%	$4.6M
SBUXStarbucks Corp Com	1.3%	0.9%	41,868	+26.6%	$4.3M
CCJCameco Corp Com	1.3%	1.5%	41,702	-3.5%	$4.2M
NFLXNetflix Inc Total	1.3%	2.6%	57,786	-31.5%	$4.1M
XBISpdr Series Trust	1.2%	—	24,795	—	$3.9M
EPDEnterprise Prods Partners L	1.2%	1.1%	102,920	+10.3%	$3.8M
BXBlackstone Inc Com	1.0%	1.0%	27,460	-2.5%	$3.2M
CELHCelsius Holdings Inc	0.9%	2.0%	106,330	-39.8%	$3.1M
GLDSpdr Gold Shares	0.8%	1.1%	7,144	-6.5%	$2.6M
UBERUber Technologies Inc	0.7%	0.8%	33,461	-6.7%	$2.4M
BRK-BBerkshire Hathaway Inc Del	0.6%	0.7%	4,156	-11.9%	$2.1M
AGIAlamos Gold Inc	0.6%	1.1%	66,425	-13.9%	$2.0M
UTGReaves Util Income Fd	0.6%	0.6%	49,353	+3.6%	$2.0M
ETPCEnergy Transfer L P	0.6%	0.5%	100,459	+28.8%	$1.9M
PLTRPalantir Technologies Inclass Class A	0.6%	1.2%	16,410	-33.9%	$1.9M
GLWCorning Inc.	0.5%	—	7,055	—	$1.8M
NEANuveen Amt Free Qlty Mun Inc	0.5%	0.5%	137,134	-6.1%	$1.6M
SPCXSpace Ex Tech Spacex Class A	0.5%	—	8,890	—	$1.5M
PYLDPimco Multisector Bond Active Exchange-T	0.5%	0.5%	57,030	+1.2%	$1.5M
CSCOCisco Sys Inc	0.5%	0.3%	12,815	+0.8%	$1.5M
MRVLMarvell Technology Inc	0.5%	—	5,014	—	$1.5M
DEDeere & Co Com	0.4%	0.4%	2,260	+0.0%	$1.4M
CVXChevron Corp New	0.4%	0.6%	8,481	-7.6%	$1.4M
TYGTortoise Energy Infrstrctr C	0.4%	0.4%	31,559	+36.6%	$1.4M
MCDMcdonalds Corp Com	0.4%	0.5%	4,972	-2.4%	$1.3M
IWMIshares	0.4%	—	4,360	—	$1.3M

What Kercheville Advisors, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

LLY Lilly Eli & Co+193.0% shares
CAT Caterpillar Inc Com+81.2% shares
TYG Tortoise Energy Infrstrctr C+36.6% shares
ETPC Energy Transfer L P+28.8% shares
SBUX Starbucks Corp Com+26.6% shares
EPD Enterprise Prods Partners L+10.3% shares
GEV Ge Vernova Inc+6.5% shares

Reduced

MU Micron Technology Inc-51.5% shares
BE Bloom Energy Corp-41.1% shares
CELH Celsius Holdings Inc-39.8% shares
PLTR Palantir Technologies Inclass Class A-33.9% shares
NFLX Netflix Inc Total-31.5% shares
GDXJ Vaneck ETF Trust-24.7% shares
META Meta Platforms Inc Class A-22.3% shares
AEM Agnico Eagle Mines Ltd-20.9% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.6% /yr; S&P 500 +20.1%
3 years: +24.1% /yr; S&P 500 +20.4%
5 years: +14.5% /yr; S&P 500 +13.0%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$328.4M	108
Q1 2026	$312.7M	106
Q4 2025	$381.7M	117
Q3 2025	$331.0M	106
Q2 2025	$289.7M	105
Q1 2025	$245.3M	89
Q4 2024	$257.7M	94
Q3 2024	$237.0M	85
Q2 2024	$230.4M	84
Q1 2024	$211.7M	86
Q4 2023	$178.0M	81
Q3 2023	$157.6M	74

Questions about Kercheville Advisors, LLC's portfolio

What stocks does Kercheville Advisors, LLC own?

Kercheville Advisors, LLC's latest 13F, for Q2 2026 and filed Jul 30, 2026, lists 108 positions worth $328.4M. The largest are Nvidia Corporation Com (NVDA) at 6.8%, Amazon Com Inc Com (AMZN) at 6.6%, Apple Inc (AAPL) at 6.1%, Alphabet Inc (GOOG) at 5.8% and Agnico Eagle Mines Ltd (AEM) at 3.9%.

What did Kercheville Advisors, LLC buy last quarter?

In Q2 2026, Kercheville Advisors, LLC added Lilly Eli & Co (LLY) (+193.0% shares), Caterpillar Inc Com (CAT) (+81.2% shares) and Tortoise Energy Infrstrctr C (TYG) (+36.6% shares), compared with its Q1 2026 filing.

What did Kercheville Advisors, LLC sell last quarter?

In Q2 2026, Kercheville Advisors, LLC cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Synopsys Inc (SNPS), cut from its top 50 Ishares Silver Tr (SLV), cut from its top 50 Slb Limited (SLB), cut from its top 50 Nuveen Quality Muncp Income (NAD), Micron Technology Inc (MU) (-51.5% shares), Bloom Energy Corp (BE) (-41.1% shares) and Celsius Holdings Inc (CELH) (-39.8% shares), compared with its Q1 2026 filing.

How has Kercheville Advisors, LLC's portfolio performed?

A portfolio copying Kercheville Advisors, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +24.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.6% against +20.1%. Over 5 years: +14.5% a year against +13.0%.

When is Kercheville Advisors, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Kercheville Advisors, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Kercheville Advisors, LLC manage?

Kercheville Advisors, LLC reported $554.7M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $328.4M.