Investment Manager Builds Large Triple Flag Precious Metals Position, According to Recent SEC Filing

Company Overview - Triple Flag Precious Metals is a leading precious metals streaming and royalty company headquartered in Toronto, Canada, leveraging a scalable, asset-light model to provide diversified exposure to gold and silver production without the operational risks of traditional mining [5] - The company has a broad portfolio of 78 assets, including 9 streams and 69 royalties, providing significant exposure to the global precious metals sector [5][7] - As of February 12, 2026, the market capitalization of Triple Flag Precious Metals is $7.38 billion, with a revenue of $388.70 million and a net income of $240.00 million [4] Recent Transaction - On February 13, 2026, Global Strategic Management Inc disclosed a new position in Triple Flag Precious Metals by acquiring 323,309 shares for an estimated $10.73 million based on quarterly average pricing [1][2] - This acquisition represents 8.95% of Global Strategic Management Inc's 13F reportable assets under management as of December 31, 2025 [3] Stock Performance - As of February 12, 2026, shares of Triple Flag Precious Metals were priced at $34.60, reflecting a 102.0% increase over the past year, with an alpha of 89.08 percentage points versus the S&P 500 [3] - The stock has advanced by 139% over the last year and is up 24% since January 1, 2026, indicating strong performance correlated to the price of precious metals [9]