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Tocqueville Asset Management Portfolio holdings
AUM
$7.56B
Turnover
9.98%
1-Year Est. Return
44.87%
This Fund
S&P 500
This Quarter
Est. Return
+11.51%
1 Year Est. Return
+44.87%
3 Year Est. Return
+121.98%
5 Year Est. Return
+153.06%
10 Year Est. Return
+501.33%
AUM
$6.57B
AUM Growth
+$445M
(+7.3%)
Cap. Flow
-$59.5M
Cap. Flow
% of AUM
-0.91%
Top 10 Holdings %
Top 10 Hldgs %
25.24%
Holding
558
New
45
Increased
136
Reduced
231
Closed
23
Avg Time Held Equity + Options
6
years
Top 10 Avg Time Held Equity + Options
4.5
years
Top 20 Avg Time Held Equity + Options
4.5
years
Avg Time Held Equity only
6.1
years
Top 10 Avg Time Held Equity only
4.5
years
Top 20 Avg Time Held Equity only
4.5
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AT&T
T
|
+$32M |
| 2 |
National Fuel Gas
NFG
|
+$31.7M |
| 3 |
Allstate
ALL
|
+$29.5M |
| 4 |
Equitable Holdings
EQH
|
+$27.4M |
| 5 |
Cencora
COR
|
+$26.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$27.7M |
| 2 |
Salesforce
CRM
|
+$27.5M |
| 3 |
NVIDIA
NVDA
|
+$25.5M |
| 4 |
Expand Energy Corp
EXE
|
+$19.3M |
| 5 |
Walt Disney
DIS
|
+$17.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.27% |
| 2 | Industrials | 12.25% |
| 3 | Financials | 12% |
| 4 | Healthcare | 11.1% |
| 5 | Consumer Discretionary | 11.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Merck
MRK
$361B
| $53.1M | 0.81% |
670,358
-24,667
| -4% | -$1.96M |
2013 Q2
48 quarters
|
|
27
Procter & Gamble
PG
$369B
| $52.1M | 0.79% |
327,177
-14,261
| -4% | -$2.33M |
2013 Q2
48 quarters
|
|
28
Honeywell
HON
$67.1B
| $51.5M | 0.78% |
234,599
-32,702
| -12% | -$6.62M |
2013 Q2
48 quarters
|
|
29
Boston Scientific
BSX
$64.2B
| $51M | 0.78% |
475,195
-16,802
| -3% | -$1.7M |
2020 Q2
20 quarters
|
|
30
Colgate-Palmolive
CL
$74.6B
| $48.5M | 0.74% |
534,077
-37,562
| -7% | -$3.43M |
2013 Q2
48 quarters
|
|
31
Rocket Lab Corp
RKLB
$32.5B
| $46.8M | 0.71% |
1,309,035
-35,120
| -3% | -$860K |
2023 Q2
8 quarters
|
|
32
Wheaton Precious Metals
WPM
$60.7B
| $46.1M | 0.7% |
513,313
-168,394
| -25% | -$14.2M |
2014 Q2
44 quarters
|
|
33
Vertiv
VRT
$79.7B
| $44.3M | 0.67% |
345,127
-79,315
| -19% | -$7.71M |
2022 Q2
12 quarters
|
|
34
Johnson & Johnson
JNJ
$615B
| $43.9M | 0.67% |
287,724
-11,195
| -4% | -$1.72M |
2013 Q2
48 quarters
|
|
35
Emerson Electric
EMR
$89.5B
| $43M | 0.65% |
322,226
+6,495
| +2% | +$745K |
2013 Q2
48 quarters
|
|
36
Newmont
NEM
$125B
| $41.8M | 0.64% |
717,605
-154,691
| -18% | -$8.26M |
2013 Q2
48 quarters
|
|
37
Booking.com
BKNG
$122B
| $41.3M | 0.63% |
178,425
-7,900
| -4% | -$1.62M |
2013 Q2
48 quarters
|
|
38
UnitedHealth
UNH
$361B
| $40.7M | 0.62% |
130,396
-1,802
| -1% | -$689K |
2017 Q1
33 quarters
|
|
39
Palo Alto Networks
PANW
$281B
| $40.6M | 0.62% |
198,333
-41,746
| -17% | -$7.75M |
2014 Q1
45 quarters
|
|
40
Thermo Fisher Scientific
TMO
$254B
| $39.4M | 0.6% |
97,109
+16,636
| +21% | +$6.96M |
2013 Q2
48 quarters
|
|
41
Weyerhaeuser
WY
$14.1B
| $38.7M | 0.59% |
1,508,247
-6,020
| -0.4% | -$158K |
2013 Q2
48 quarters
|
|
42
Citigroup
C
$208B
| $38.4M | 0.58% |
450,941
+334,743
| +288% | +$24.2M |
2016 Q4
34 quarters
|
|
43
Parker-Hannifin
PH
$121B
| $38M | 0.58% |
54,359
-18,362
| -25% | -$11.6M |
2013 Q2
48 quarters
|
|
44
Walmart Inc
WMT
$941B
| $37.6M | 0.57% |
384,499
-123,418
| -24% | -$11.8M |
2013 Q2
48 quarters
|
|
45
Chubb
CB
$138B
| $37.4M | 0.57% |
129,209
-5,904
| -4% | -$1.7M |
2020 Q2
20 quarters
|
|
|
46
AT&T
T
$161B
| $37.4M | 0.57% |
1,291,099
+1,162,128
| +901% | +$32M |
2013 Q2
48 quarters
|
|
47
IBM
IBM
$219B
| $35.5M | 0.54% |
120,499
+91,771
| +319% | +$23.6M |
2013 Q2
48 quarters
|
|
48
Progressive
PGR
$126B
| $35.1M | 0.53% |
131,661
-8,031
| -6% | -$2.2M |
2013 Q4
46 quarters
|
|
49
Mastercard
MA
$539B
| $34.7M | 0.53% |
61,724
-1,360
| -2% | -$752K |
2013 Q2
48 quarters
|
|
50
Micron Technology
MU
$1T
| $33.7M | 0.51% |
273,643
+71,514
| +35% | +$6.68M |
2014 Q4
42 quarters
|
|
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Tocqueville Asset Management's Q2 2025 Portfolio in Review
As of Q2 2025, Tocqueville Asset Management held 558 positions worth $6.57B, up 7.3% from $6.12B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Tocqueville Asset Management's Q2 2025 filing shows 45 new, 136 increased, 231 reduced and 23 closed positions. Its largest new stake was National Fuel Gas: 392,205 shares worth $33.2M. The largest sale was Microsoft, an estimated $27.7M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 21% a quarter earlier, followed by Industrials and Financials.
- Tocqueville Asset Management's largest Q2 2025 buy was National Fuel Gas: 392,205 shares worth $33.2M.
- Tocqueville Asset Management added most to AT&T in Q2 2025, an estimated $32M increase.
- Tocqueville Asset Management's biggest Q2 2025 reduction was Microsoft, cutting an estimated $27.7M.
- Tocqueville Asset Management fully exited Fortive in Q2 2025, selling an estimated $3.62M.
- Tocqueville Asset Management's ten largest holdings make up 25% of its $6.57B portfolio in Q2 2025.
- Tocqueville Asset Management opened 45 new positions and closed 23 in Q2 2025.
- Tocqueville Asset Management's portfolio value rose 7.3% quarter-over-quarter to $6.57B.
Based on Tocqueville Asset Management's 13F filing for Q2 2025, filed 12 Aug 2025.