Tether Holdings Boosts Stake in Gold Royalty in Latest 13F Filing

Tether Holdings Boosts Stake in Gold Royalty in Latest 13F Filing

Tether Holdings, S.A. de C.V. has made a significant move in its latest SEC 13F filing by increasing its position in Gold Royalty (NYSE: GROY). The firm added 29.24 million shares, marking a 12.88% increase in its holding. This move highlights a growing confidence in the Non-Ferrous Metals sector, particularly in Gold Royalty's potential.

Deep Dive into the Trade

As of the latest filing, Tether Holdings' stake in Gold Royalty is valued at approximately $127.74 million, representing 3.6% of its overall portfolio. This substantial increase positions Tether Holdings as a key investor in Gold Royalty, now owning 12.88% of the company's total outstanding shares. The Non-Ferrous Metals industry, which includes Gold Royalty, has been a focal point for investors seeking exposure to commodities and precious metals amid market volatility.

Why is Tether Holdings Investing Heavily in Gold Royalty?

Gold Royalty operates in a sector that often serves as a hedge against inflation and economic uncertainty. By increasing its stake, Tether Holdings may be signaling its strategic pivot towards assets that can deliver long-term value and stability. Investors are likely to ask, "How does this align with broader market trends in metals and mining?" or "What does this say about Tether Holdings' future investment strategies?"

Portfolio Impact

This latest move underscores Tether Holdings' confidence in Gold Royalty's growth trajectory. With 3.6% of its portfolio now allocated to this single stock, the firm is making a notable bet on the Non-Ferrous Metals sector. Such a concentrated position could indicate a strong conviction in the company's ability to deliver returns.

For a deeper look into Tether Holdings' investment strategies and portfolio adjustments, view Tether Holdings’ full real-time portfolio and historical 13F data here.