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
| $18.5B | +$200M | 43 | 58.98% | Increased |
|
| 2 |
Vanguard Group
Malvern,
Pennsylvania
| $11.3B | -$173M | 40 | 0.38% | Reduced |
|
| 3 |
BlackRock
New York
| $10.1B | -$130M | 34 | 0.37% | Reduced |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $9.46B | +$251M | 31 | 0.96% | Increased |
|
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4.71B | -$45.2M | 71 | 1.68% | Reduced |
|
| 6 |
First Eagle Investment Management
New York
| $4.64B | -$563M | 13 | 13.92% | Reduced |
|
| 7 |
Renaissance Technologies
New York
| $4.38B | -$1.23B | 54 | 4.38% | Reduced |
|
| 8 |
Fidelity International
Hamilton,
Bermuda
| $4.34B | +$287M | 12 | 5.38% | Increased |
|
| 9 |
Capital World Investors
Los Angeles,
California
| $3.77B | +$195M | 4 | 0.82% | Increased |
|
| 10 |
Bank of Montreal
Toronto,
Ontario, Canada
| $2.94B | +$226M | 59 | 2.46% | Increased |
|
| 11 |
State Street
Boston,
Massachusetts
| $2.82B | -$79.7M | 15 | 0.19% | Reduced |
|
| 12 |
Flossbach Von Storch
Cologne,
Germany
| $2.39B | -$148M | 4 | 11.67% | Reduced |
|
| 13 |
Bank of America
Charlotte,
North Carolina
| $2.34B | +$143M | 65 | 0.32% | Increased |
|
| 14 |
Franklin Resources
San Mateo,
California
| $2.15B | -$284M | 32 | 1.04% | Reduced |
|
| 15 |
Norges Bank
Oslo,
Norway
| $2.11B | -$22.8M | 21 | 0.56% | Reduced |
|
| 16 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $2.03B | -$25.2M | 55 | 1.4% | Reduced |
|
| 17 |
Invesco
Atlanta,
Georgia
| $2B | -$102M | 35 | 0.68% | Reduced |
|
| 18 |
Arrowstreet Capital
Boston,
Massachusetts
| $1.99B | -$371M | 30 | 3.15% | Reduced |
|
| 19 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.97B | -$453M | 19 | 0.23% | Reduced |
|
| 20 |
Morgan Stanley
New York
| $1.85B | +$190M | 69 | 0.36% | Increased |
|
| 21 |
Massachusetts Financial Services
Boston,
Massachusetts
| $1.78B | +$58.9M | 9 | 0.65% | Increased |
|
| 22 |
TD Asset Management
Toronto,
Ontario, Canada
| $1.66B | -$72M | 36 | 2.31% | Reduced |
|
| 23 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.57B | +$465M | 50 | 0.3% | Increased |
|
| 24 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
| $1.53B | +$756M | 15 | 4.16% | Increased |
|
| 25 |
JP Morgan Chase
New York
| $1.53B | +$22.3M | 45 | 0.26% | Increased |
|