Q3 2026 13F · SEC CIK 1696494

Sicart Associates LLC

Wealth managerFiled 2026-10-29 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $412.6M
Reported positions: 73
Top holdings a year, 3 yrs: +18.7%
Assets under management: $455.4M

Sicart Associates LLC is a wealth manager that reported 73 positions worth $412.6M in its Q3 2026 13F, filed 2026-10-29. Its largest holdings were Spdr Series Trust (BIL, 8.9%), Spdr Gold Tr (GLD, 7.0%), Guardant Health Inc (GH, 7.0%). 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 73 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 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	Q2 2026	Shares	Share change	Reported value
BILSpdr Series Trust	8.9%	8.6%	401,607	+5.4%	$36.8M
GLDSpdr Gold Tr	7.0%	7.3%	75,450	-6.7%	$28.8M
GHGuardant Health Inc	7.0%	8.5%	181,030	-21.6%	$28.7M
ILMNIllumina Inc	5.3%	3.6%	82,494	-0.8%	$21.7M
TSLATesla Inc	4.7%	5.2%	55,232	+8.6%	$19.6M
GOOGLAlphabet Inc	3.9%	4.1%	46,756	-0.8%	$15.9M
ABNBAirbnb Inc	3.8%	3.3%	90,252	-3.2%	$15.7M
TRGPTarga Res Corp	3.8%	3.5%	52,503	-1.0%	$15.5M
MPMp Materials Corp	3.1%	3.8%	321,328	+15.6%	$12.9M
FSMFortuna Mng Corp	3.0%	2.4%	1,162,693	-0.9%	$12.5M
NFLXNetflix Inc.	2.9%	2.9%	167,034	+0.4%	$11.8M
IEFIshares Tr	2.7%	2.9%	125,346	+0.5%	$11.3M
METAMeta Platforms Inc	2.5%	2.0%	14,342	-1.3%	$10.2M
ADBEAdobe Inc	2.4%	2.0%	40,618	+0.6%	$10.0M
SYYSysco Corp	2.3%	2.3%	116,969	+2.2%	$9.6M
TLTIshares Tr	2.3%	2.6%	118,762	-2.5%	$9.5M
WFCWells Fargo & Co	2.2%	2.2%	108,287	-0.6%	$9.1M
SLBSlb Limited	2.2%	2.1%	182,216	-1.6%	$9.0M
SQBlock Inc	2.0%	2.0%	106,133	+0.9%	$8.3M
IONSIonis Pharmaceuticals Inc	1.7%	3.1%	159,294	-0.9%	$6.8M
MDTMedtronic PLC	1.6%	1.4%	71,814	-0.2%	$6.8M
MGKVanguard World Fd	1.6%	1.7%	75,530	-3.4%	$6.8M
ORCLOracle Corp	1.6%	1.7%	50,906	+4.8%	$6.5M
BGBunge Global SA	1.5%	1.5%	58,646	+0.0%	$6.2M
MSFTMicrosoft Corp	1.5%	1.0%	11,527	+0.5%	$6.1M
NTRNutrien Ltd	1.4%	1.2%	80,673	+0.0%	$5.8M
DISDisney Walt Co	1.3%	1.2%	48,869	-2.3%	$5.4M
REGNRegeneron Pharmaceuticals	1.3%	1.1%	6,822	-1.3%	$5.4M
VSTVistra Corp	1.3%	—	35,019	—	$5.3M
AAPLApple Inc	1.2%	1.1%	14,923	+0.0%	$5.1M
ALBAlbemarle Corp	1.1%	1.5%	45,842	+3.0%	$4.4M
KOCoca Cola Co	1.0%	0.9%	46,110	-0.5%	$4.3M
MOSMosaic Co	1.0%	1.1%	210,115	+2.0%	$4.0M
SLVIshares Silver Tr	0.9%	0.9%	71,112	-0.1%	$3.7M
VXUSVanguard Star Fds	0.8%	0.8%	39,326	+0.0%	$3.3M
BRK-BBerkshire Hathaway Inc Del	0.8%	0.6%	5,915	+18.3%	$3.1M
GLWCorning Inc	0.7%	1.5%	22,292	-5.7%	$2.9M
FDXFedex Corp	0.6%	0.7%	8,426	-0.9%	$2.5M
NKENike Inc	0.5%	0.5%	52,912	+11.1%	$2.0M
SBUXStarbucks Corp	0.5%	0.5%	19,393	+0.0%	$1.9M
PSLVSprott Physical	0.4%	0.4%	89,698	+0.0%	$1.7M
CGONCg Oncology Inc	0.4%	0.4%	25,000	+0.0%	$1.5M
LULULululemon Athletica Inc	0.3%	0.3%	13,101	+7.8%	$1.3M
QQQInvesco Qqq Tr	0.3%	—	1,539	—	$1.1M
VTIVanguard Index Fds	0.2%	—	2,670	—	$999K
LOWLowes Cos Inc	0.2%	0.3%	4,689	+0.0%	$926K
PDDPdd Holdings Inc	0.2%	0.2%	10,739	+0.0%	$870K
BNYBank of Ny Mellon Corp	0.2%	0.2%	5,000	+0.0%	$717K
AMZNAmazon Com Inc	0.2%	0.2%	2,787	+0.0%	$697K
PGProcter & Gamble Co	0.2%	0.2%	4,316	+0.0%	$688K

What Sicart Associates LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

BRK-B Berkshire Hathaway Inc Del+18.3% shares
MP Mp Materials Corp+15.6% shares
NKE Nike Inc+11.1% shares
TSLA Tesla Inc+8.6% shares
LULU Lululemon Athletica Inc+7.8% shares
BIL Spdr Series Trust+5.4% shares

Reduced

GH Guardant Health Inc-21.6% shares
GLD Spdr Gold Tr-6.7% shares
GLW Corning Inc-5.7% shares

Left the top 50

Share counts compared with the Q2 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, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 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
Q3 2026	$412.6M	73
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

Questions about Sicart Associates LLC's portfolio

What stocks does Sicart Associates LLC own?

Sicart Associates LLC's latest 13F, for Q3 2026 and filed Oct 29, 2026, lists 73 positions worth $412.6M. The largest are Spdr Series Trust (BIL) at 8.9%, Spdr Gold Tr (GLD) at 7.0%, Guardant Health Inc (GH) at 7.0%, Illumina Inc (ILMN) at 5.3% and Tesla Inc (TSLA) at 4.7%.

What did Sicart Associates LLC buy last quarter?

In Q3 2026, Sicart Associates LLC added Berkshire Hathaway Inc Del (BRK-B) (+18.3% shares), Mp Materials Corp (MP) (+15.6% shares) and Nike Inc (NKE) (+11.1% shares), compared with its Q2 2026 filing.

What did Sicart Associates LLC sell last quarter?

In Q3 2026, Sicart Associates LLC cut from its top 50 At&t Inc (T), cut from its top 50 Walmart Inc (WMT), cut from its top 50 Mcdonalds Corp (MCD), Guardant Health Inc (GH) (-21.6% shares), Spdr Gold Tr (GLD) (-6.7% shares) and Corning Inc (GLW) (-5.7% shares), compared with its Q2 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 Dec 31, 2026 is due by Feb 14, 2027; 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 $412.6M.