Welcome to our dedicated page for US Global Invstr SEC filings (Ticker: GROW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
U.S. Global Investors Inc. filings document formal disclosures for a registered investment adviser whose revenue is generated by investment management services. Recent Item 2.02 Form 8-K reports furnish quarterly and fiscal-year earnings releases, including assets under management, operating revenue, investment income and profitability for the advisory business.
The company’s Exchange Act filings also record dividend-related other events, fund and ETF strategy updates, and reporting-status matters such as Form 12b-25 notifications for delayed periodic reports. These filings provide the formal record of GROW’s operating results disclosures, corporate investment activity, shareholder distributions and public-company compliance obligations.
U.S. Global Investors, Inc. restated its March 31, 2026 quarter to correct earnings per share. The company identified an error that understated basic and diluted weighted‑average shares, which had overstated EPS. For the nine months, basic and diluted EPS were reduced by $0.01 to $0.26. For the three months, basic and diluted EPS were reduced by $0.02 to $0.21. Net income remained $3.3 million for the nine months and $2.7 million for the quarter, with no impact on revenues, expenses, cash flows, or period‑end shares.
Management concluded this error reflects a material weakness in internal control over financial reporting, tied to a review control over share‑count calculations that did not operate at sufficient precision. The company is implementing enhanced review procedures and strengthened spreadsheet controls. Operationally, nine‑month operating revenue was $7.5 million, net investment income was $4.5 million, and total assets were $48.9 million, supported by significant investment holdings.
U.S. Global Investors, Inc. insider activity centers on investment adviser-controlled accounts buying additional non-voting Class A shares. Derek Steven Pilecki, identified as a control person, reported two open-market purchases totaling 20,826 shares of Class A Common Stock (Non-Voting) at prices around $2.60 per share. Following these trades, the filing shows aggregate beneficial ownership of 1,121,593 shares held across Gator Financial Partners, LLC, Gator Qualified Partners, LLC, ECA Fund, LP, and a managed account, where Gator Capital Management, LLC exercises investment discretion and disclaims beneficial ownership except for its pecuniary interest.
Gator Capital Management, LLC, a more than ten percent holder of U S Global Investors, Inc., reported open-market purchases of Class A Common Stock (Non-Voting) made for client accounts over which it has investment discretion.
On June 2 and 3, it bought a total of 20,826 shares at weighted average prices of about $2.59–$2.60 per share. Following these transactions, its reported aggregate beneficial ownership is 1,121,593 Class A shares, held across several pooled investment vehicles and a managed account.
The filing notes these holdings are in entities such as Gator Financial Partners, LLC, Gator Qualified Partners, LLC, ECA Fund, LP, and a managed account, and that Gator Capital Management disclaims beneficial ownership except to the extent of its pecuniary interest.
Gator Capital Management, LLC, a ten percent owner of U S Global Investors, Inc. (GROW), reported a series of open-market purchases of Class A Common Stock (Non-Voting) during May 2026. Across nine transactions from May 1 to May 28, it bought 38,293 shares at prices generally around the mid‑$2.50s per share.
After these trades, the Form 4 and footnotes state that 1,100,767 shares are beneficially owned in the aggregate, held across Gator Financial Partners, LLC, Gator Qualified Partners, LLC, ECA Fund, LP, and a managed account, over which Gator Capital exercises investment discretion. The firm disclaims beneficial ownership except to the extent of its pecuniary interest. One transaction price is disclosed as a weighted average, and the filing notes that this Form 4 is being filed late.
U S Global Investors Inc saw adviser-managed client accounts associated with control person Derek Steven Pilecki buy a net 38,293 shares of Class A non-voting common stock in open-market transactions during May 2026, at prices around $2.55–$2.63 per share.
According to the disclosure, a total of 1,100,767 shares is held across Gator Financial Partners, LLC, Gator Qualified Partners, LLC, ECA Fund, LP, and a managed account, and Gator Capital Management, LLC disclaims beneficial ownership except to the extent of its pecuniary interest. The Form 4 notes that it is being filed late.
Gator Capital Management, LLC, an investment adviser, reported initial beneficial ownership of 1,062,474 shares of U S Global Investors Inc. Class A Non‑Voting Common Stock through multiple client accounts. The firm holds these shares with investment discretion and disclaims beneficial ownership beyond its pecuniary interest.
The filing notes that Gator Capital became a more than 10% beneficial owner on April 1, 2026, after the issuer’s share repurchase program reduced shares outstanding. The Form 3 was filed late, and the reporting person explains it had been monitoring ownership using earlier 10‑Q share counts.
U S Global Investors, Inc. disclosed that investment adviser Gator Capital Management, LLC, together with its managing member Derek Pilecki, became a more than 10% beneficial owner of the company’s Class A Common Stock (Non-Voting) as of April 1, 2026.
The filing reports indirect beneficial ownership of 1,062,474 shares held across multiple client accounts over which Gator Capital Management has investment discretion. These include Gator Financial Partners, LLC with 916,799 shares, Gator Qualified Partners, LLC with 64,753 shares, ECA Fund, LP with 74,922 shares, and an individual managed account with 6,000 shares.
The 10% threshold was crossed after a reduction in U S Global Investors’ shares outstanding from its share repurchase program, as reflected in the company’s Form 10-Q for the period ended December 31, 2025. Gator Capital Management and Derek Pilecki disclaim beneficial ownership beyond their pecuniary interest.
U.S. Global Investors, Inc. Schedule 13G/A amendment states that several related reporting persons are terminating their Section 13(d)/13(g) reporting obligation for Class A (Non‑Voting) shares because those shares are non‑voting. The amendment records beneficial ownership amounts held by the group, including 1,100,767 shares (10.65%) held by Gator Capital Management, LLC and Derek Pilecki, and notes the holders will report their Class A positions on Form 3 and Form 4 filed concurrently.
The filing clarifies the change is procedural: the beneficial ownership counts remain above 5% but are treated as non‑voting and therefore outside Section 13(d)/13(g) scope. The amendment is signed by Derek Pilecki and references a Joint Filing Agreement dated July 1, 2025.
U.S. Global Investors, Inc. is restating its earnings per share (EPS) for the quarter and nine months ended March 31, 2026, and has advised that prior financial statements for these periods should no longer be relied upon. The company found a spreadsheet formula omission that understated weighted-average shares by 702,484 for the quarter and 230,743 for the nine months, causing basic and diluted EPS to be overstated by $0.02 and $0.01, respectively. The corrected basic and diluted EPS for the quarter is $0.21, with restated weighted-average shares of 12,561,208 basic and 12,585,586 diluted. The error does not affect revenue, expenses, net income, cash flows, or period-end shares, but management concluded a material weakness existed in internal control over financial reporting related to review of the share-count calculation and is implementing enhanced spreadsheet and review controls. The company highlights that net income for the quarter was $2.7 million and average assets under management reached $1.6 billion, and notes it has repurchased about 2.7 million shares over five years, more than 20% of its common stock.
U S Global Investors Inc CEO/CIO and 10% owner Frank E. Holmes reported updated holdings of Class A Common Stock. On May 29, 2026, he completed a restricted stock purchase under an employee stock purchase plan, acquiring 904 shares at $2.64 per share. Following this transaction, he holds 301,024 shares directly, plus 221,656.77 shares indirectly through a 401(k) account and 32,862 shares indirectly through an IRA.