13F

Position

Compound Planning, Inc. in Royal Gold Inc

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark $46.6K$222.30$254.50

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20251.45K$321.4K0.0%
Q1 20261.49K$380K$254.50$46.6K$12K0.0%