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
| $12B | +$364M | 56 | 31.94% | Increased |
|
| 2 |
Vanguard Group
Malvern,
Pennsylvania
| $9.27B | +$207M | 46 | 0.26% | Increased |
|
| 3 |
BlackRock
New York
| $8.44B | +$416M | 44 | 0.27% | Increased |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $6.49B | -$109M | 42 | 0.65% | Reduced |
|
| 5 |
First Eagle Investment Management
New York
| $3.36B | -$26.2M | 13 | 9.49% | Reduced |
|
| 6 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3.23B | -$64.7M | 84 | 0.95% | Reduced |
|
| 7 |
Capital World Investors
Los Angeles,
California
| $3.19B | -$498M | 6 | 0.68% | Reduced |
|
| 8 |
State Street
Boston,
Massachusetts
| $3.08B | -$79.5M | 20 | 0.18% | Reduced |
|
| 9 |
GQG Partners
Ft. Lauderdale,
Florida
| $2.87B | +$297M | 2 | 7.06% | Increased |
|
| 10 |
Bank of Montreal
Toronto,
Ontario, Canada
| $2.51B | +$118M | 59 | 1.17% | Increased |
|
| 11 |
Fidelity International
Hamilton,
Bermuda
| $2.44B | +$203M | 10 | 2.91% | Increased |
|
| 12 |
Renaissance Technologies
New York
| $2.19B | +$489M | 62 | 2.59% | Increased |
|
| 13 |
Massachusetts Financial Services
Boston,
Massachusetts
| $2.13B | +$104M | 8 | 0.73% | Increased |
|
| 14 |
Flossbach Von Storch
Cologne,
Germany
| $2.06B | +$70M | 3 | 6.92% | Increased |
|
| 15 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.73B | +$34.7M | 37 | 0.97% | Increased |
|
| 16 |
Invesco
Atlanta,
Georgia
| $1.72B | -$182M | 42 | 0.52% | Reduced |
|
| 17 |
Morgan Stanley
New York
| $1.63B | +$420M | 85 | 0.21% | Increased |
|
| 18 |
Bank of America
Charlotte,
North Carolina
| $1.48B | +$72.4M | 73 | 0.17% | Increased |
|
| 19 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| $1.46B | -$142M | 37 | 2.33% | Reduced |
|
| 20 |
Geode Capital Management
Boston,
Massachusetts
| $1.35B | +$81M | 44 | 0.2% | Increased |
|
| 21 |
JP Morgan Chase
New York
| $1.32B | +$216M | 50 | 0.18% | Increased |
|
| 22 |
Norges Bank
Oslo,
Norway
| $1.26B | +$2.28M | 18 | 0.33% | Increased |
|
| 23 |
Amundi
Paris,
France
| $1.25B | +$96.8M | 39 | 1.01% | Increased |
|
| 24 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1.17B | +$440M | 33 | 0.82% | Increased |
|
| 25 |
Dimensional Fund Advisors
Austin,
Texas
| $1.14B | +$18.2M | 39 | 0.41% | Increased |
|