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
| $16.8B | -$61.8M | 43 | 58.48% | Reduced |
|
| 2 |
Vanguard Group
Malvern,
Pennsylvania
| $10.8B | -$1.09B | 41 | 0.38% | Reduced |
|
| 3 |
BlackRock
New York
| $9.76B | -$664M | 36 | 0.39% | Reduced |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $8.67B | +$348M | 32 | 0.95% | Increased |
|
| 5 |
Renaissance Technologies
New York
| $5.18B | +$60.8M | 55 | 4.47% | Increased |
|
| 6 |
First Eagle Investment Management
New York
| $4.83B | -$462M | 13 | 15.18% | Reduced |
|
| 7 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4.38B | +$400M | 69 | 1.74% | Increased |
|
| 8 |
Fidelity International
Hamilton,
Bermuda
| $3.74B | +$591M | 11 | 5.04% | Increased |
|
| 9 |
Capital World Investors
Los Angeles,
California
| $3.5B | +$142M | 4 | 0.85% | Increased |
|
| 10 |
State Street
Boston,
Massachusetts
| $2.76B | -$35.1M | 14 | 0.2% | Reduced |
|
| 11 |
Bank of Montreal
Toronto,
Ontario, Canada
| $2.74B | +$188M | 56 | 2.5% | Increased |
|
| 12 |
Franklin Resources
San Mateo,
California
| $2.56B | -$263M | 27 | 1.32% | Reduced |
|
| 13 |
Flossbach Von Storch
Cologne,
Germany
| $2.41B | +$39.2M | 3 | 12.59% | Increased |
|
| 14 |
T. Rowe Price Associates
Baltimore,
Maryland
| $2.2B | -$130M | 19 | 0.28% | Reduced |
|
| 15 |
Arrowstreet Capital
Boston,
Massachusetts
| $2.17B | +$1.3B | 31 | 3.98% | Increased |
|
| 16 |
Bank of America
Charlotte,
North Carolina
| $2.06B | +$227M | 59 | 0.31% | Increased |
|
| 17 |
Norges Bank
Oslo,
Norway
| $1.99B | -$121M | 20 | 0.57% | Reduced |
|
| 18 |
Invesco
Atlanta,
Georgia
| $1.94B | +$126M | 34 | 0.69% | Increased |
|
| 19 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.93B | -$95.3M | 52 | 1.47% | Reduced |
|
| 20 |
TD Asset Management
Toronto,
Ontario, Canada
| $1.6B | -$22.3M | 33 | 2.28% | Reduced |
|
| 21 |
Massachusetts Financial Services
Boston,
Massachusetts
| $1.57B | +$131M | 7 | 0.62% | Increased |
|
| 22 |
Morgan Stanley
New York
| $1.54B | -$310M | 68 | 0.34% | Reduced |
|
| 23 |
JP Morgan Chase
New York
| $1.4B | -$327M | 42 | 0.27% | Reduced |
|
| 24 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1.29B | -$65.4M | 31 | 1.21% | Reduced |
|
| 25 |
Dimensional Fund Advisors
Austin,
Texas
| $1.28B | -$58M | 32 | 0.56% | Reduced |
|