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
| $13.8B | +$442M | 40 | 53.42% | Increased |
|
| 2 |
Vanguard Group
Malvern,
Pennsylvania
| $8.83B | +$86.3M | 39 | 0.3% | Increased |
|
| 3 |
BlackRock
New York
| $8.29B | +$17.9M | 31 | 0.32% | Increased |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $6.48B | +$280M | 37 | 0.72% | Increased |
|
| 5 |
First Eagle Investment Management
New York
| $3.94B | -$26.4M | 12 | 10.79% | Reduced |
|
| 6 |
Renaissance Technologies
New York
| $3.11B | +$188M | 54 | 2.39% | Increased |
|
| 7 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2.87B | +$170M | 67 | 1.03% | Increased |
|
| 8 |
Capital World Investors
Los Angeles,
California
| $2.4B | -$23.5M | 5 | 0.54% | Reduced |
|
| 9 |
Morgan Stanley
New York
| $2.38B | +$201M | 66 | 0.55% | Increased |
|
| 10 |
Franklin Resources
San Mateo,
California
| $2.31B | -$143M | 25 | 1.22% | Reduced |
|
| 11 |
State Street
Boston,
Massachusetts
| $2.21B | +$15.2M | 21 | 0.15% | Increased |
|
| 12 |
Fidelity International
Hamilton,
Bermuda
| $2.03B | -$360M | 10 | 2.81% | Reduced |
|
| 13 |
Bank of Montreal
Toronto,
Ontario, Canada
| $1.99B | -$221M | 54 | 1.49% | Reduced |
|
| 14 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.92B | -$79.4M | 19 | 0.25% | Reduced |
|
| 15 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.77B | +$105M | 58 | 1.15% | Increased |
|
| 16 |
UBS Group
Zurich,
Switzerland
| $1.75B | +$710M | 63 | 0.61% | Increased |
|
| 17 |
Norges Bank
Oslo,
Norway
| $1.66B | +$14.7M | 20 | 0.46% | Increased |
|
| 18 |
Flossbach Von Storch
Cologne,
Germany
| $1.6B | -$10M | 3 | 10.83% | Reduced |
|
| 19 |
Credit Suisse
Zurich,
Switzerland
| $1.31B | +$371M | 39 | 0.95% | Increased |
|
| 20 |
Bank of America
Charlotte,
North Carolina
| $1.29B | +$163M | 60 | 0.18% | Increased |
|
| 21 |
Dimensional Fund Advisors
Austin,
Texas
| $1.22B | -$69.1M | 28 | 0.44% | Reduced |
|
| 22 |
TD Asset Management
Toronto,
Ontario, Canada
| $1.2B | +$26.9M | 30 | 1.74% | Increased |
|
| 23 |
Invesco
Atlanta,
Georgia
| $1.2B | -$27.3M | 32 | 0.37% | Reduced |
|
| 24 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
| $1.16B | +$225M | 12 | 2.83% | Increased |
|
| 25 |
Citigroup
New York
| $1.13B | +$664M | 44 | 0.82% | Increased |
|