| 1 | TSX: FNV | Franco-Nevada Corporation | 9.17% |
| 2 | TSX: WPM | Wheaton Precious Metals Corp. | 9.11% |
| 3 | TSX: OR | OR Royalties Inc. | 8.74% |
| 4 | TSX: SVM | Silvercorp Metals Inc. | 5.75% |
| 5 | TSX: OLA | Orla Mining Ltd. | 4.48% |
| 6 | TSX: OGC | OceanaGold Corporation | 4.42% |
| 7 | TSX: K | Kinross Gold Corporation | 4.37% |
| 8 | TSX: TFPM | Triple Flag Precious Metals Corp. | 4.06% |
| 9 | SBSW | Sibanye Stillwater Limited | 3.95% |
| 10 | AU | AngloGold Ashanti plc | 3.61% |
| 11 | DRD | DRDGOLD Limited | 3.58% |
| 12 | TSXV: MTA | Metalla Royalty & Streaming Ltd. | 3.50% |
| 13 | HAM.DE | Harmony Gold Mining Co Ltd ADR | 3.48% |
| 14 | HKG: 2099 | China Gold International Resources Corp. Ltd. | 3.34% |
| 15 | EDG.DE | Gold Fields Ltd ADR | 3.06% |
| 16 | TSX: BTO | B2Gold Corp. | 2.79% |
| 17 | SSRM | SSR Mining Inc. | 2.73% |
| 18 | ASX: RRL | Regis Resources Limited | 2.50% |
| 19 | ASX: PRU | Perseus Mining Limited | 2.37% |
| 20 | ASX: EVN | Evolution Mining Limited | 2.22% |
| 21 | LON: HOC | Hochschild Mining plc | 2.20% |
| 22 | ASX: VAU | Vault Minerals Limited | 2.19% |
| 23 | ASX: OBM | Ora Banda Mining Limited | 1.99% |
| 24 | HKG: 3330 | Lingbao Gold Group Company Ltd. | 1.73% |
| 25 | ASX: PNR | Pantoro Gold Limited | 1.60% |
| View GOAU holdings |