Instuitional Investor - U S Global Investors Inc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Southwest Airlines Co	LUV	2,663,281	$84,985,297	9.59%
2.	Delta Air Lines Inc.	DAL	1,361,033	$77,238,623	8.72%
3.	United Airlines Holdings Inc.	UAL	780,183	$75,287,660	8.5%
4.	American Airlines Group Inc.	AAL	6,485,318	$72,894,974	8.23%
5.	Osisko Gold Royalties Ltd	OR	931,076	$37,312,290	4.21%