# EDGAR Filing Document

**Accession Number:** 0001627417
**File Stem:** 0001172661-23-000609
**Filing Date:** 2023-2
**Character Count:** 7096
**Document Hash:** 9c4333b0e46ee1b2e5e2cce716f6133f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-23-000609.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001172661-23-000609

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**EFFECTIVENESS DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Verger Capital Management LLC
- **CENTRAL INDEX KEY:** 0001627417
- **IRS NUMBER:** 464037343
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16659
- **FILM NUMBER:** 23610137

**BUSINESS ADDRESS:**
- **STREET 1:** 751 W FOURTH STREET
- **STREET 2:** SUITE 410
- **CITY:** WINSTON-SALEM
- **STATE:** NC
- **ZIP:** 27101
- **BUSINESS PHONE:** 3369344101

**MAIL ADDRESS:**
- **STREET 1:** 751 W FOURTH STREET
- **STREET 2:** SUITE 410
- **CITY:** WINSTON-SALEM
- **STATE:** NC
- **ZIP:** 27101

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Verger Capital Management LLC<br>**Address:** 751 W Fourth Street<br>Suite 410<br>Winston-Salem, NC 27101

**Form 13F File Number:** 028-16659

**CRD Number (if applicable):** 000170125

**SEC File Number (if applicable):** 801-79726

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Vicki West<br>**Title:** Chief Operating Officer<br>**Phone:** 336-758-4240

**Signature, Place, and Date of Signing:**

/s/ Vicki West  Winston-Salem, NC  02-10-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 34

**Form 13F Information Table Value Total:** $178271077

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AGNICO-EAGLE MINES LTD | COM | 008474108 |  | 2584995 | 49721 | SH |  | SOLE |  | 49721 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 1611480 | 52000 | SH |  | SOLE |  | 52000 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 1549146 | 44350 | SH |  | SOLE |  | 44350 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 1138938 | 10180 | SH |  | SOLE |  | 10180 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 2465606 | 28600 | SH |  | SOLE |  | 28600 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 881700 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 1719900 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 2034600 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 1305700 | 110000 | SH |  | SOLE |  | 110000 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 1691500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| EQUITY COMWLTH | COM SH BEN INT | 294628102 |  | 1248500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 1110146 | 25680 | SH |  | SOLE |  | 25680 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 1192835 | 8740 | SH |  | SOLE |  | 8740 | 0 | 0 |
| GLADSTONE LD CORP | COM | 376549101 |  | 907041 | 49430 | SH |  | SOLE |  | 49430 | 0 | 0 |
| HECLA MNG CO | COM | 422704106 |  | 991126 | 178260 | SH |  | SOLE |  | 178260 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 8271991 | 239144 | SH |  | SOLE |  | 239144 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 6430620 | 60415 | SH |  | SOLE |  | 60415 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 3776557 | 21660 | SH |  | SOLE |  | 21660 | 0 | 0 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 19429423 | 228905 | SH |  | SOLE |  | 228905 | 0 | 0 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 479661 | 6439 | SH |  | SOLE |  | 6439 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 7293026 | 192428 | SH |  | SOLE |  | 192428 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 25711599 | 66921 | SH |  | SOLE |  | 66921 | 0 | 0 |
| ISHARES TR | GLOBAL ENERG ETF | 464287341 |  | 20387535 | 522891 | SH |  | SOLE |  | 522891 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 17229820 | 177645 | SH |  | SOLE |  | 177645 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 21950478 | 334407 | SH |  | SOLE |  | 334407 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 1593472 | 33760 | SH |  | SOLE |  | 33760 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 1679690 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| ROYAL GOLD INC | COM | 780287108 |  | 1239920 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| SERVICE CORP INTL | COM | 817565104 |  | 1021198 | 14770 | SH |  | SOLE |  | 14770 | 0 | 0 |
| SILVERCREST METALS INC | COM | 828363101 |  | 1204260 | 200710 | SH |  | SOLE |  | 200710 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 15081435 | 39436 | SH |  | SOLE |  | 39436 | 0 | 0 |
| SPROTT INC | COM NEW | 852066208 |  | 666600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| SPROTT PHYSICAL SILVER TR | TR UNIT | 85207K107 |  | 1236000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 1154579 | 40285 | SH |  | SOLE |  | 40285 | 0 | 0 |

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