← All themes Gold & Precious Metals

Gold & Silver Miners

Miners carry fixed costs against a variable metal price, so their earnings move by more than the metal itself in either direction. That operating leverage is the reason to own them instead of bullion.

124 stocks

#	Name	Holding	Trade Value	Theme Stocks	% of Portfolio	Status
26	Arrowstreet Capital Boston, Massachusetts	$3.81B	-$4.12B	27	1.69%	Reduced
27	Amundi Paris, France	$3.77B	-$31.5M	49	0.91%	Reduced
28	TD Asset Management Toronto, Ontario, Canada	$3.71B	-$996M	45	3.21%	Reduced
29	Capital International Investors Los Angeles, California	$3.57B	+$300M	5	0.74%	Increased
30	Legal & General Group London, United Kingdom	$3.32B	-$23.3M	57	0.69%	Reduced
31	EG Electrum Group New York	$3.27B	+$2.68B	9	96.72%	Increased
32	Connor, Clark & Lunn Investment Management (CC&L) Vancouver, British Columbia, Canada	$3.02B	+$226M	45	5.72%	Increased
33	UBS Group Zurich, Switzerland	$2.84B	+$25.7M	97	0.36%	Increased
34	Tidal Investments Milwaukee, Wisconsin	$2.68B	-$241M	45	4.64%	Reduced
35	CIBC Asset Management Toronto, Ontario, Canada	$2.61B	-$102M	42	5.72%	Reduced
36	Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada	$2.59B	+$12.8M	56	2.02%	Increased
37	Renaissance Technologies New York	$2.56B	+$265M	66	3.53%	Increased
38	American Century Companies Kansas City, Missouri	$2.43B	+$304M	49	1.07%	Increased
39	Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada	$2.42B	+$142M	16	1.34%	Increased
40	CIBC World Market Toronto, Ontario, Canada	$2.4B	-$126M	60	3.85%	Reduced
41	AQR Capital Management Greenwich, Connecticut	$2.28B	+$378M	47	0.8%	Increased
42	Franklin Resources San Mateo, California	$2.23B	+$207M	48	0.48%	Increased
43	Northern Trust Chicago, Illinois	$2.19B	+$35.1M	38	0.26%	Increased
44	Bank of New York Mellon New York	$2.18B	+$176M	49	0.36%	Increased
45	National Bank of Canada Montreal, Quebec, Canada	$2.16B	+$96.6M	79	1.55%	Increased
46	Two Sigma Investments New York	$2.11B	+$285M	71	1.53%	Increased
47	1832 Asset Management Toronto, Ontario, Canada	$2.06B	+$133M	16	1.03%	Increased
48	Charles Schwab San Francisco, California	$2.06B	+$17.1M	49	0.27%	Increased
49	T. Rowe Price Associates Baltimore, Maryland	$1.91B	+$327M	31	0.19%	Increased
50	Vanguard Global Advisers Malvern, Pennsylvania	$1.82B	+$152M	47	0.85%	Increased