We are live on ! Find out more
TAM

Tocqueville Asset Management Portfolio holdings

AUM $6.74B
1-Year Est. Return 32.29%
This Fund
S&P 500
This Quarter Est. Return
+10.17%
1 Year Est. Return
+32.29%
3 Year Est. Return
+96.33%
5 Year Est. Return
+122.21%
10 Year Est. Return
+436.51%
AUM
$6.88B
AUM Growth
+$310M
Cap. Flow
-$211M
Cap. Flow %
-3.07%
Top 10 Hldgs %
27%
Holding
567
New
32
Increased
143
Reduced
249
Closed
19

Top Buys

Rank Stock Value
1
IFF icon
International Flavors & Fragrances
IFF
+$28.1M
2
MSI icon
Motorola Solutions
MSI
+$14.2M
3
ARE icon
Alexandria Real Estate Equities
ARE
+$12.4M
4
GS icon
Goldman Sachs
GS
+$11.4M
5
GPN icon
Global Payments
GPN
+$8.74M

Top Sells

Rank Stock Value
1
ADBE icon
Adobe
ADBE
+$30.9M
2
LMT icon
Lockheed Martin
LMT
+$23.4M
3
TPR icon
Tapestry
TPR
+$12.5M
4
HD icon
Home Depot
HD
+$11.8M
5
UNH icon
UnitedHealth
UNH
+$11.4M

Sector Composition

Rank Sector Weight
1 Technology 22.23%
2 Industrials 11.8%
3 Financials 11.62%
4 Consumer Discretionary 10.73%
5 Healthcare 10.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WM icon
101
Waste Management
WM
$95B
$19.3M 0.28%
87,545
-3,406
-4% -$767K
DIS icon
102
Walt Disney
DIS
$171B
$19.3M 0.28%
168,757
-4,918
-3% -$579K
EQH icon
103
Equitable Holdings
EQH
$13.2B
$18.9M 0.28%
372,748
-159,388
-30% -$8.44M
LLY icon
104
Eli Lilly
LLY
$1.08T
$18.6M 0.27%
24,398
+394
+2% +$293K
VZ icon
105
Verizon
VZ
$197B
$18.3M 0.27%
416,289
+25,260
+6% +$1.09M
XLF icon
106
State Street Financial Select Sector SPDR ETF
XLF
$56.5B
$18.2M 0.26%
337,205
-7,080
-2% -$375K
AXP icon
107
American Express
AXP
$224B
$18M 0.26%
54,079
-65
-0.1% -$20.7K
CACI icon
108
CACI
CACI
$10.8B
$17.7M 0.26%
35,558
-5,255
-13% -$2.54M
MLM icon
109
Martin Marietta Materials
MLM
$34.2B
$17.4M 0.25%
27,613
-23
-0.1% -$13.7K
TRMB icon
110
Trimble
TRMB
$13.6B
$16.9M 0.25%
207,258
+1,094
+0.5% +$89.3K
ROK icon
111
Rockwell Automation
ROK
$51.1B
$16.6M 0.24%
47,635
+1,105
+2% +$382K
UNP icon
112
Union Pacific
UNP
$174B
$16.3M 0.24%
69,082
+25,640
+59% +$5.78M
SHOP icon
113
Shopify
SHOP
$168B
$16.3M 0.24%
109,634
-50
-0% -$6.78K
SPY icon
114
State Street SPDR S&P 500 ETF Trust
SPY
$771B
$16.2M 0.24%
24,392
-25
-0.1% -$16K
COST icon
115
Costco
COST
$432B
$16.1M 0.23%
17,342
-46
-0.3% -$44.1K
KO icon
116
Coca-Cola
KO
$383B
$16M 0.23%
240,777
-2,820
-1% -$194K
NUE icon
117
Nucor
NUE
$58.3B
$15.9M 0.23%
117,043
-30,446
-21% -$4.31M
FLEX icon
118
Flex
FLEX
$37.7B
$15.6M 0.23%
269,241
-45,985
-15% -$2.44M
GPN icon
119
Global Payments
GPN
$24.1B
$15.5M 0.23%
186,905
+103,788
+125% +$8.74M
BDX icon
120
Becton Dickinson
BDX
$46.4B
$15.3M 0.22%
81,744
-30,006
-27% -$5.58M
HUM icon
121
Humana
HUM
$43.9B
$15.1M 0.22%
57,959
-14,623
-20% -$3.85M
MUR icon
122
Murphy Oil
MUR
$5.55B
$14.9M 0.22%
525,809
+4,734
+0.9% +$119K
DLTR icon
123
Dollar Tree
DLTR
$24.8B
$14.9M 0.22%
157,687
-44,682
-22% -$4.78M
NVS icon
124
Novartis
NVS
$302B
$14.9M 0.22%
115,902
-412
-0.4% -$50.3K
SWK icon
125
Stanley Black & Decker
SWK
$14.5B
$14.8M 0.22%
198,971
+39,564
+25% +$2.9M
3 4
5
6 7

Similar funds

CIMLRA
CBRE Investment Management Listed Real Assets Radnor, Pennsylvania $6.75B AUM 8.88% 1-Year Est. Return
SPC
Slate Path Capital New York $6.73B AUM 95.97% 1-Year Est. Return
SPS
Susquehanna Portfolio Strategies Bala Cynwyd, Pennsylvania $6.73B AUM 45.57% 1-Year Est. Return
BHM
Briar Hall Management Nashville, Tennessee $6.72B AUM 4.95% 1-Year Est. Return
JCAM
Jericho Capital Asset Management New York $6.76B AUM 88.1% 1-Year Est. Return
FLPIM
F.L. Putnam Investment Management Lynnfield, Massachusetts $6.71B AUM 23.99% 1-Year Est. Return
CF
Cantor Fitzgerald New York $6.78B AUM 29.01% 1-Year Est. Return
MSE
MUFG Securities EMEA London, United Kingdom $6.7B AUM 32.3% 1-Year Est. Return

Tocqueville Asset Management's Q3 2025 Portfolio in Review

As of Q3 2025, Tocqueville Asset Management held 567 positions worth $6.88B, up 4.7% from $6.57B the previous quarter. Its ten largest holdings account for 27% of the portfolio.

Tocqueville Asset Management withdrew a net $211M in Q3 2025, closing 19 positions and reducing 249 holdings. Its most notable exit was Sun Communities, an estimated $9.9M position sold in full.

By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 22% a quarter earlier, followed by Industrials and Financials.

Against the trend, Tocqueville Asset Management opened a new position in International Flavors & Fragrances worth $25.2M.

  • Tocqueville Asset Management's largest Q3 2025 buy was International Flavors & Fragrances: 408,984 shares worth $25.2M.
  • Tocqueville Asset Management added most to Alexandria Real Estate Equities in Q3 2025, an estimated $12.4M increase.
  • Tocqueville Asset Management's biggest Q3 2025 reduction was Adobe, cutting an estimated $30.9M.
  • Tocqueville Asset Management fully exited Sun Communities in Q3 2025, selling an estimated $9.9M.
  • Tocqueville Asset Management's ten largest holdings make up 27% of its $6.88B portfolio in Q3 2025.
  • Tocqueville Asset Management opened 32 new positions and closed 19 in Q3 2025.
  • Tocqueville Asset Management's portfolio value rose 4.7% quarter-over-quarter to $6.88B.

Based on Tocqueville Asset Management's 13F filing for Q3 2025, filed 13 Nov 2025.