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
| $10.6B | -$325M | 43 | 53.62% | Reduced |
|
| 2 |
Vanguard Group
Malvern,
Pennsylvania
| $8.28B | +$392M | 41 | 0.35% | Increased |
|
| 3 |
BlackRock
New York
| $7.34B | -$377M | 33 | 0.36% | Reduced |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $5.66B | -$75.1M | 33 | 0.78% | Reduced |
|
| 5 |
First Eagle Investment Management
New York
| $3.6B | +$43.6M | 13 | 13.08% | Increased |
|
| 6 |
Renaissance Technologies
New York
| $3.2B | +$789M | 47 | 3.11% | Increased |
|
| 7 |
SI
Sprott Inc
Toronto,
Ontario, Canada
| $2.71B | +$860M | 46 | 94.41% | Increased |
|
| 8 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2.59B | +$180M | 66 | 1.25% | Increased |
|
| 9 |
Capital World Investors
Los Angeles,
California
| $2.33B | +$260M | 5 | 0.68% | Increased |
|
| 10 |
Fidelity International
Hamilton,
Bermuda
| $2.09B | +$222M | 11 | 3.44% | Increased |
|
| 11 |
State Street
Boston,
Massachusetts
| $2.03B | -$45.4M | 14 | 0.18% | Reduced |
|
| 12 |
Bank of Montreal
Toronto,
Ontario, Canada
| $1.74B | -$68.8M | 58 | 1.99% | Reduced |
|
| 13 |
Flossbach Von Storch
Cologne,
Germany
| $1.64B | +$82M | 3 | 11.04% | Increased |
|
| 14 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.63B | +$4.65M | 18 | 0.26% | Increased |
|
| 15 |
Franklin Resources
San Mateo,
California
| $1.59B | -$522M | 26 | 1.06% | Reduced |
|
| 16 |
Norges Bank
Oslo,
Norway
| $1.44B | -$473K | 20 | 0.51% | Reduced |
|
| 17 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.39B | -$214M | 38 | 1.24% | Reduced |
|
| 18 |
Morgan Stanley
New York
| $1.2B | -$686M | 66 | 0.33% | Reduced |
|
| 19 |
Bank of America
Charlotte,
North Carolina
| $1.17B | +$127M | 57 | 0.21% | Increased |
|
| 20 |
JP Morgan Chase
New York
| $1.15B | +$505M | 40 | 0.27% | Increased |
|
| 21 |
Invesco
Atlanta,
Georgia
| $1.15B | +$173M | 32 | 0.48% | Increased |
|
| 22 |
APG Asset Management
Amsterdam,
Netherlands
| $1.13B | +$85.7M | 13 | 2.21% | Increased |
|
| 23 |
TD Asset Management
Toronto,
Ontario, Canada
| $1.05B | +$58.5M | 32 | 1.78% | Increased |
|
| 24 |
Massachusetts Financial Services
Boston,
Massachusetts
| $970M | +$212M | 7 | 0.46% | Increased |
|
| 25 |
Boston Partners
Boston,
Massachusetts
| $940M | +$202M | 3 | 1.87% | Increased |
|