Tocqueville Asset Management Portfolio holdings

Tocqueville Asset Management's Q2 2014 Portfolio in Review

As of Q2 2014, Tocqueville Asset Management held 1,954 positions worth $10.3B, up 35% from $7.6B the previous quarter. Its ten largest holdings account for 12% of the portfolio.

Tocqueville Asset Management deployed $2.02B of net new capital in Q2 2014, opening 557 new positions and adding to 360 existing holdings. Its largest new stake was Agnico Eagle Mines: 3,891,629 shares worth $149M.

By sector, the portfolio is most concentrated in Materials at 22% of assets, up from 12% a quarter earlier, followed by Industrials and Miscellaneous.

On the sell side, the largest reduction was Cisco, an estimated $28.1M trimmed.

• Tocqueville Asset Management's largest Q2 2014 buy was Agnico Eagle Mines: 3,891,629 shares worth $149M.
• Tocqueville Asset Management added most to Eldorado Gold in Q2 2014, an estimated $95M increase.
• Tocqueville Asset Management's biggest Q2 2014 reduction was Cisco, cutting an estimated $28.1M.
• Tocqueville Asset Management fully exited Goldgroup Mining in Q2 2014, selling an estimated $5.94M.
• Tocqueville Asset Management's ten largest holdings make up 12% of its $10.3B portfolio in Q2 2014.
• Tocqueville Asset Management opened 557 new positions and closed 164 in Q2 2014.
• Tocqueville Asset Management's portfolio value rose 35% quarter-over-quarter to $10.3B.

Based on Tocqueville Asset Management's 13F filing for Q2 2014, filed 30 Jul 2014.