Q2 2026 13F · SEC CIK 1696494

Sicart Associates LLC

Wealth managerFiled 2026-08-11 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $408.4M
Reported positions: 74
Top holdings a year, 3 yrs: +18.7%
Assets under management: $455.4M

Sicart Associates LLC is a wealth manager that reported 74 positions worth $408.4M in its Q2 2026 13F, filed 2026-08-11. Its largest holdings were SPDR Brcy1-3 Ser (BIL, 8.6%), Guardant Health Inc (GH, 8.5%), Spdr Gold Shares (GLD, 7.3%). A portfolio copying its top holdings returned 18.7% a year over the last 3 years, against 20.4% for the S&P 500.

Sicart Associates LLC holdings largest 50 of 74 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.

Sicart Associates LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
BILSPDR Brcy1-3 Ser	8.6%	9.5%	381,182	-5.1%	$34.9M
GHGuardant Health Inc	8.5%	5.5%	231,015	+0.4%	$34.7M
GLDSpdr Gold Shares	7.3%	9.3%	80,898	-3.9%	$29.8M
TSLATesla Inc Com	5.2%	4.2%	50,879	+14.7%	$21.4M
GOOGLAlphabet Inc	4.1%	3.9%	47,148	-10.9%	$16.8M
MPMp Materials Corp	3.8%	1.7%	277,883	+105.6%	$15.6M
ILMNIllumina Inc	3.6%	2.6%	83,129	+0.4%	$14.6M
TRGPTarga Res Corp	3.5%	3.4%	53,016	-0.2%	$14.2M
ABNBAirbnb Inc	3.3%	3.0%	93,251	-0.4%	$13.3M
IONSIonis Pharmaceuticals Inc	3.1%	3.1%	160,694	+0.8%	$12.7M
NFLXNetflix Inc Total	2.9%	3.8%	166,406	+7.2%	$11.9M
IEFiShs 7-10 ys Tsy	2.9%	3.1%	124,666	+0.0%	$11.8M
TLTIshares 20 Year Treasury Bond ETF	2.6%	2.7%	121,835	-0.5%	$10.5M
FSMFortuna Mining Corp	2.4%	1.7%	1,172,808	+80.8%	$9.9M
SYYSysco Corp	2.3%	2.1%	114,416	-0.2%	$9.6M
WFCWells Fargo Co New	2.2%	2.3%	108,887	-1.7%	$9.0M
SLBSlb Limited	2.1%	2.5%	185,216	-0.2%	$8.6M
ADBEAdobe Inc	2.0%	2.5%	40,357	+0.3%	$8.3M
METAMeta Platforms Inc Class A	2.0%	2.1%	14,530	-0.2%	$8.2M
SQBlock Inc	2.0%	1.6%	105,206	+0.2%	$8.0M
ORCLOracle Corp	1.7%	—	48,560	—	$7.1M
MGKVanguard World Fd	1.7%	1.5%	78,205	+408.8%	$6.9M
BGBunge Global SA	1.5%	2.5%	58,646	-24.2%	$6.3M
GLWCorning Inc.	1.5%	1.4%	23,649	-39.1%	$6.0M
ALBAlbemarle Corp Com	1.5%	2.2%	44,524	-5.7%	$6.0M
MDTMedtronic PLC	1.4%	1.6%	71,922	-0.9%	$5.6M
NTRNutrien Ltd	1.2%	1.6%	80,673	+0.0%	$5.1M
DISDisney Walt Co	1.2%	1.3%	49,994	-1.9%	$4.8M
MOSMosaic Co	1.1%	1.2%	206,065	+12.3%	$4.4M
AAPLApple Inc	1.1%	1.1%	14,923	-8.4%	$4.3M
REGNRegeneron Pharmaceuticals	1.1%	1.4%	6,912	-0.7%	$4.3M
MSFTMicrosoft Corp	1.0%	1.1%	11,469	+0.2%	$4.3M
SLVIshares Silver Tr	0.9%	1.2%	71,180	-0.1%	$3.8M
KOCoca Cola Co	0.9%	0.9%	46,352	-0.5%	$3.8M
VXUSVanguard Star Fds Vanguard Total Intl St	0.8%	0.8%	39,326	+0.0%	$3.4M
FDXFedex Corp	0.7%	1.8%	8,506	-56.4%	$2.7M
BRK-BBerkshire Hathaway Inc Del	0.6%	0.4%	5,000	+65.3%	$2.5M
TAt&t Inc Com	0.5%	0.9%	106,222	-7.6%	$2.2M
SBUXStarbucks Corp Com	0.5%	0.5%	19,393	-1.8%	$2.0M
NKENike Inc Cl B	0.5%	0.6%	47,632	-0.4%	$2.0M
CGONCg Oncology Inc	0.4%	0.4%	25,000	+0.0%	$1.8M
PSLVSprott Asset Management LP	0.4%	0.6%	89,698	-1.3%	$1.7M
LULULululemon Athletica Inc Com	0.3%	0.5%	12,154	-0.5%	$1.4M
LOWLowes Cos Inc	0.3%	0.3%	4,689	+0.0%	$1.0M
PDDPdd Holdings Inc	0.2%	0.3%	10,739	-7.7%	$819K
BNYBank of New York Mellon Corp	0.2%	0.2%	5,000	+0.0%	$723K
AMZNAmazon Com Inc Com	0.2%	—	2,787	—	$664K
PGProcter & Gamble Co Com	0.2%	0.2%	4,316	+0.0%	$633K
WMTWalmart Inc	0.2%	0.2%	5,573	+0.0%	$631K
MCDMcdonalds Corp Com	0.1%	0.2%	2,150	-18.9%	$581K

What Sicart Associates LLC bought and sold in Q2 2026, against Q1 2026.

New positions

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

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: +17.3% /yr; S&P 500 +20.1%
3 years: +18.7% /yr; S&P 500 +20.4%
5 years: +11.4% /yr; S&P 500 +11.6%

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	$408.4M	74
Q1 2026	$389.3M	74
Q4 2025	$376.9M	76
Q3 2025	$369.1M	73
Q2 2025	$285.8M	72
Q1 2025	$289.1M	66
Q4 2024	$279.6M	69
Q3 2024	$284.8M	73
Q2 2024	$260.6M	72
Q1 2024	$273.0M	76
Q4 2023	$261.5M	74
Q3 2023	$255.0M	67

Questions about Sicart Associates LLC's portfolio

What stocks does Sicart Associates LLC own?

Sicart Associates LLC's latest 13F, for Q2 2026 and filed Aug 11, 2026, lists 74 positions worth $408.4M. The largest are SPDR Brcy1-3 Ser (BIL) at 8.6%, Guardant Health Inc (GH) at 8.5%, Spdr Gold Shares (GLD) at 7.3%, Tesla Inc Com (TSLA) at 5.2% and Alphabet Inc (GOOGL) at 4.1%.

What did Sicart Associates LLC buy last quarter?

In Q2 2026, Sicart Associates LLC added Vanguard World Fd (MGK) (+408.8% shares), Mp Materials Corp (MP) (+105.6% shares) and Fortuna Mining Corp (FSM) (+80.8% shares), compared with its Q1 2026 filing.

What did Sicart Associates LLC sell last quarter?

In Q2 2026, Sicart Associates LLC cut from its top 50 Kraft Heinz Co (KHC), cut from its top 50 Clorox Co Del (CLX), Fedex Corp (FDX) (-56.4% shares), Corning Inc. (GLW) (-39.1% shares) and Bunge Global SA (BG) (-24.2% shares), compared with its Q1 2026 filing.

How has Sicart Associates LLC's portfolio performed?

A portfolio copying Sicart Associates LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.3% against +20.1%. Over 5 years: +11.4% a year against +11.6%.

When is Sicart Associates LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Sicart Associates 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 Sicart Associates LLC manage?

Sicart Associates LLC reported $455.4M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $408.4M.