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Institutional Investment Manager
ORRELL CAPITAL MANAGEMENT INC
ORRELL CAPITAL MANAGEMENT INC (CIK: 0001227068) incorporated in Nevada, located at 2600 Kitty Hawk Road, Livermore, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q2)
Portfolio Summary: 30 holdings with a total value of $82,459,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 GOLDCORP INC NEW 468,450 13,074,000 15.86%
2 RANDGOLD RES LTD 128,500 10,871,000 13.18%
3 SILVER WHEATON CORP 236,000 6,209,000 7.53%
4 Streettracks Gold TRUST 41,600 5,326,000 6.46%
5 AGNICO EAGLE MINES LTD 135,050 5,172,000 6.27%
6 ROYAL GOLD INC 67,600 5,146,000 6.24%
7 SIBANYE STILLWATER 320,500 3,535,000 4.29%
8 ANGLOGOLD ASHANTI LIMITED 182,322 3,138,000 3.81%
9 TAHOE RES INC 117,100 3,066,000 3.72%
10 YAMANA GOLD INC 371,750 3,055,000 3.70%
11 NEWMONT CORP 118,761 3,021,000 3.66%
12 ELDORADO GOLD CORP NEW 395,433 3,021,000 3.66%
13 IAMGOLD CORP 569,000 2,344,000 2.84%
14 FRANCO NEVADA CORP 38,736 2,222,000 2.69%
15 GOLD FIELDS LTD 555,000 2,065,000 2.50%
16 B2GOLD 668,400 1,949,000 2.36%
17 MAG SILVER CORP 150,000 1,418,000 1.72%
18 KINROSS GOLD CORP 308,800 1,278,000 1.55%
19 ALAMOS GOLD INCORPOR F CLASS A 120,500 1,221,000 1.48%
20 FORTUNA SILVER MINES 200,000 1,106,000 1.34%
21 NEW GOLD INC CDA 149,900 955,000 1.16%
22 AURICO GOLD INC UTIL 200,757 855,000 1.04%
23 CENTRAL FD CDA LTD 36,700 534,000 0.65%
24 SPROTT PHYSICAL GOLD TRUST UNIT 48,400 533,000 0.65%
25 PAN AMERN SILVER CORP 25,000 384,000 0.47%
26 ETFS GOLD TR 2,900 378,000 0.46%
27 BARRICK GOLD CORP 13,300 243,000 0.29%
28 Central Gold Trust 4,900 233,000 0.28%
29 DIREXION SHS ETF TR 4,300 72,000 0.09%
30 DIREXION SHS ETF TR 2,000 35,000 0.04%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-14-001671, filed 2014.08.13).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.