← 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
1	VanEck Associates New York	$5.35B	+$6.38B	38	29.15%	New
2	Fidelity Investments Boston, Massachusetts	$2.64B	+$3.07B	31	0.43%	New
3	First Eagle Investment Management New York	$1.95B	+$2.31B	14	5.93%	New
4	Wellington Management Group Boston, Massachusetts	$1.61B	+$1.96B	30	0.52%	New
5	Royal Bank of Canada Toronto, Ontario, Canada	$1.47B	+$1.75B	52	1.24%	New
6	T. Rowe Price Associates Baltimore, Maryland	$1.42B	+$1.64B	15	0.38%	New
7	BlackRock Group London, United Kingdom	$1.37B	+$1.61B	22	1.04%	New
8	Deutsche Bank Frankfurt Am Main Ge, Germany	$1.24B	+$1.45B	42	1.01%	New
9	Vanguard Group Malvern, Pennsylvania	$1.13B	+$1.32B	16	0.12%	New
10	Franklin Resources San Mateo, California	$1.11B	+$1.32B	16	0.63%	New
11	Bank of Montreal Toronto, Ontario, Canada	$1.04B	+$1.25B	39	1.84%	New
12	Bank of New York Mellon New York	$1.03B	+$1.25B	27	0.32%	New
13	State Street Boston, Massachusetts	$934M	+$1.08B	19	0.12%	New
14	Morgan Stanley New York	$724M	+$871M	47	0.37%	New
15	BlackRock Institutional Trust San Francisco, California	$708M	+$815M	27	0.14%	New
16	CIBC World Market Toronto, Ontario, Canada	$691M	+$844M	23	3.1%	New
17	Wells Fargo San Francisco, California	$691M	+$849M	45	0.36%	New
18	TD Asset Management Toronto, Ontario, Canada	$671M	+$807M	24	1.44%	New
19	Toronto Dominion Bank Toronto, Ontario, Ontario, Canada	$649M	+$789M	33	2.44%	New
20	Tocqueville Asset Management New York	$641M	+$749M	21	8.68%	New
21	Allianz Asset Management Munich, Germany	$600M	+$756M	12	0.85%	New
22	Susquehanna International Group Bala Cynwyd, Pennsylvania	$582M	+$710M	45	0.33%	New
23	PC Paulson & Co New York	$564M	+$696M	6	3.97%	New
24	JP Morgan Chase New York	$530M	+$627M	30	0.17%	New
25	Credit Suisse Zurich, Switzerland	$516M	+$615M	15	0.52%	New