← 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
51	Millennium Management New York	$1.75B	-$185M	72	0.63%	Reduced
52	Capital Research Global Investors Los Angeles, California	$1.73B	+$408M	7	0.24%	Increased
53	Toronto Dominion Bank Toronto, Ontario, Ontario, Canada	$1.7B	+$567M	51	1.96%	Increased
54	Jane Street New York	$1.66B	-$22.5M	79	0.14%	Reduced
55	Boston Partners Boston, Massachusetts	$1.66B	-$9.56M	10	1.47%	Reduced
56	Swiss National Bank Zurich, Switzerland	$1.62B	-$19.5M	46	0.85%	Reduced
57	SI Sprott Inc Toronto, Ontario, Canada	$1.56B	+$179M	66	49.49%	Increased
58	D.E. Shaw & Co New York	$1.55B	+$615M	56	0.74%	Increased
59	Nuveen Charlotte, North Carolina	$1.53B	+$673K	59	0.37%	Increased
60	Ameriprise Minneapolis, Minnesota	$1.53B	+$300M	38	0.31%	Increased
61	HI Helikon Investments London, United Kingdom	$1.51B	+$450M	8	45.16%	Increased
62	Barclays London, United Kingdom	$1.45B	+$198M	65	0.28%	Increased
63	Ninety One (UK) London, United Kingdom	$1.39B	+$89.1M	16	3.11%	Increased
64	L1 Capital Melbourne VIC 3000, Australia	$1.3B	+$685M	7	43.54%	Increased
65	Schroder Investment Management Group London, United Kingdom	$1.28B	-$244M	24	0.91%	Reduced
66	Susquehanna International Group Bala Cynwyd, Pennsylvania	$1.26B	-$308M	75	0.1%	Reduced
67	TD Waterhouse Canada Toronto, Ontario, Canada	$1.26B	-$28.8M	71	3.31%	Reduced
68	Victory Capital Management San Antonio, Texas	$1.26B	-$64.8M	23	0.7%	Reduced
69	Allianz Asset Management Munich, Germany	$1.25B	+$239M	22	1.02%	Increased
70	EdgePoint Investment Group Toronto, Ontario, Canada	$1.24B	-$111M	3	9.41%	Reduced
71	Bank of Nova Scotia Toronto, Ontario, Canada	$1.21B	-$223M	22	1.83%	Reduced
72	Man Group London, United Kingdom	$1.21B	-$279M	37	1.93%	Reduced
73	Orbis Allan Gray Hamilton, Bermuda	$1.16B	+$103M	6	3.98%	Increased
74	Citadel Advisors Miami, Florida	$1.11B	+$146M	75	0.13%	Increased
75	Qube Research & Technologies (QRT) London, United Kingdom	$1.1B	+$34.1M	51	1.03%	Increased