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
| $16.5B | -$823M | 54 | 34% | Reduced |
|
| 2 |
Vanguard Group
Malvern,
Pennsylvania
| $12.3B | +$145M | 43 | 0.29% | Increased |
|
| 3 |
BlackRock
New York
| $11.1B | +$144M | 45 | 0.3% | Increased |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $8.68B | +$1.26B | 43 | 0.69% | Increased |
|
| 5 |
Capital World Investors
Los Angeles,
California
| $4.8B | +$341M | 7 | 0.83% | Increased |
|
| 6 |
First Eagle Investment Management
New York
| $4.51B | +$17.3M | 13 | 11.05% | Increased |
|
| 7 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4.4B | -$196M | 83 | 1.1% | Reduced |
|
| 8 |
State Street
Boston,
Massachusetts
| $4.26B | +$277M | 19 | 0.21% | Increased |
|
| 9 |
GQG Partners
Ft. Lauderdale,
Florida
| $3.5B | +$2B | 2 | 8.13% | Increased |
|
| 10 |
Fidelity International
Hamilton,
Bermuda
| $2.96B | +$529M | 10 | 3.03% | Increased |
|
| 11 |
Bank of Montreal
Toronto,
Ontario, Canada
| $2.78B | -$185M | 62 | 1.35% | Reduced |
|
| 12 |
Flossbach Von Storch
Cologne,
Germany
| $2.71B | -$389M | 3 | 7.58% | Reduced |
|
| 13 |
Invesco
Atlanta,
Georgia
| $2.6B | +$37.3M | 42 | 0.66% | Increased |
|
| 14 |
Massachusetts Financial Services
Boston,
Massachusetts
| $2.58B | +$22.1M | 8 | 0.76% | Increased |
|
| 15 |
Renaissance Technologies
New York
| $2.42B | -$37.6M | 65 | 2.84% | Reduced |
|
| 16 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $2.28B | +$7.42M | 35 | 1.06% | Increased |
|
| 17 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| $2.13B | +$96.4M | 36 | 2.86% | Increased |
|
| 18 |
Bank of America
Charlotte,
North Carolina
| $1.93B | -$378M | 73 | 0.19% | Reduced |
|
| 19 |
Morgan Stanley
New York
| $1.77B | -$180M | 82 | 0.24% | Reduced |
|
| 20 |
Geode Capital Management
Boston,
Massachusetts
| $1.73B | +$47.4M | 42 | 0.22% | Increased |
|
| 21 |
Amundi
Paris,
France
| $1.72B | -$30.5M | 38 | 1.16% | Reduced |
|
| 22 |
Norges Bank
Oslo,
Norway
| $1.68B | -$57.4M | 19 | 0.37% | Reduced |
|
| 23 |
Dimensional Fund Advisors
Austin,
Texas
| $1.63B | +$91.7M | 40 | 0.5% | Increased |
|
| 24 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
| $1.55B | +$55M | 16 | 2.63% | Increased |
|
| 25 |
JP Morgan Chase
New York
| $1.55B | +$268M | 51 | 0.19% | Increased |
|