TSP Capital Management Group, LLC

**TSP Capital Management Group, LLC** manages $409M across a portfolio of 45 positions, exhibiting a clear focus on commodity and industrial cyclical plays. Top holdings reveal significant allocations to precious metals and related sectors, notably NGD at $30.6M and TMQ at $29.0M. The fund maintains substantial exposure to key industrial and resource names, including SLV ($26.1M) and BVN ($23.0M). This concentration suggests a tactical, macro-driven approach targeting commodity strength and cyclical uptrends.