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TSP Capital Management Group, LLC

CIK:0001317208
Hedge Fund
$387M AUM
44 holdings
Summit, NJ, United States
Founded:2004
5 employees
Latest filing:Sep 30, 2025

TSP Capital Management Group, LLC is a hedge fund and SEC-registered investment adviser headquartered in Summit, New Jersey. Founded in 2004 by Thomas Paluck, who serves as President and Senior Portfolio Manager, TSP provides discretionary and non-discretionary investment advisory services to individuals, pension and profit-sharing plans, business entities, trusts, estates, and charitable organizations. The firm manages several private funds and has approximately 5 employees.

Investment Strategy

TSP Capital tailors each client’s investment portfolio according to their specific investment objectives and restrictions. The firm manages global equity funds of funds and maintains a flexible mandate that includes both equity and fixed income strategies, adapting asset allocation per client guidance. TSP charges tiered management fees based on the type and amount of assets managed. Its services do not include comprehensive financial planning, focusing instead on direct portfolio management and strategic asset selection. In addition to direct client accounts, TSP has historically managed pooled investment vehicles such as private funds, applying investment discretion within the frameworks of each fund’s objectives.

Top Buys
B
BVNCOMPANIA DE MINAS BUENAVENTU
+$7.9M
S
SBSWSIBANYE STILLWATER LTD
+$7.3M
N
NGDNEW GOLD INC CDA
+$6.1M
T
TMQTRILOGY METALS INC NEW
+$5.8M
M
MNKDMANNKIND CORP
+$4.9M
Top Sells
C
CTVACORTEVA INC
-$1.6M
F
FCXFREEPORT-MCMORAN INC
-$891.8K
S
SANDSANDSTORM GOLD LTD
-$728.5K
X
XPERXPERI INC
-$378.9K
W
WMWASTE MGMT INC DEL
-$335.3K

Top Holdings

N
NGDNEW GOLD INC CDA
+7.6%$28.6M
B
BVNCOMPANIA DE MINAS BUENAVENTU
+6.5%$24.4M
M
MLPMAUI LD & PINEAPPLE INC
+5.5%$20.5M
S
SBSWSIBANYE STILLWATER LTD
+5.5%$20.5M
C
CIGCIA ENERGETICA DE MINAS GERA
+5.2%$19.3M

Equity Positions (44)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
N
NGD
NEW GOLD INC CDA7.64%$28.6M3,976,626$1.31$7.18+$6.1M
B
BVN
COMPANIA DE MINAS BUENAVENTU6.52%$24.4M1,001,508$10.26$24.33+$7.9M
M
MLP
MAUI LD & PINEAPPLE INC5.48%$20.5M1,099,541$6.03$18.64+$493.0K
S
SBSW
SIBANYE STILLWATER LTD5.47%$20.5M1,819,625$5.28$11.24+$7.3M
C
CIG
CIA ENERGETICA DE MINAS GERA5.15%$19.3M9,127,729$1.25$2.11+$1.4M

Industry Allocation

METAL MINING
+16.4%
GOLD AND SILVER ORES
+13.9%
COMMODITY CONTRACTS BROKERS & DEALERS
+8.6%
WATER SUPPLY
+7.2%
PHARMACEUTICAL PREPARATIONS
+5.7%

Investment Team (1)

NameRoleLocationLinkedIn
E
Eda Tato
Investment Research AnalystChatham, NJ , United States