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
| $10.5B | -$92.4M | 53 | 31.31% | Reduced |
|
| 2 |
Vanguard Group
Malvern,
Pennsylvania
| $7.76B | +$165M | 47 | 0.23% | Increased |
|
| 3 |
BlackRock
New York
| $6.42B | -$116M | 45 | 0.22% | Reduced |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $4.69B | -$957M | 43 | 0.49% | Reduced |
|
| 5 |
First Eagle Investment Management
New York
| $3.25B | +$408M | 13 | 9.74% | Increased |
|
| 6 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2.92B | +$29.4M | 84 | 0.92% | Increased |
|
| 7 |
Fidelity International
Hamilton,
Bermuda
| $2.55B | +$381M | 12 | 3.28% | Increased |
|
| 8 |
Capital World Investors
Los Angeles,
California
| $2.49B | -$319M | 6 | 0.56% | Reduced |
|
| 9 |
State Street
Boston,
Massachusetts
| $2.34B | +$24.4M | 21 | 0.15% | Increased |
|
| 10 |
Bank of Montreal
Toronto,
Ontario, Canada
| $2.34B | +$321M | 55 | 1.01% | Increased |
|
| 11 |
Massachusetts Financial Services
Boston,
Massachusetts
| $2.01B | +$75.2M | 8 | 0.75% | Increased |
|
| 12 |
Amundi
Paris,
France
| $1.83B | +$633M | 38 | 1.08% | Increased |
|
| 13 |
Renaissance Technologies
New York
| $1.81B | -$155M | 59 | 2.57% | Reduced |
|
| 14 |
Flossbach Von Storch
Cologne,
Germany
| $1.68B | +$7.11M | 3 | 6.18% | Increased |
|
| 15 |
Elliott Investment Management
West Palm Beach,
Florida
| $1.63B | +$1.59B | 1 | 16.91% | New |
|
| 16 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.52B | +$129M | 29 | 0.92% | Increased |
|
| 17 |
Invesco
Atlanta,
Georgia
| $1.5B | +$46.3M | 40 | 0.48% | Increased |
|
| 18 |
Morgan Stanley
New York
| $1.49B | +$125M | 82 | 0.2% | Increased |
|
| 19 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| $1.38B | +$74M | 40 | 2.38% | Increased |
|
| 20 |
Bank of America
Charlotte,
North Carolina
| $1.31B | +$66.2M | 67 | 0.16% | Increased |
|
| 21 |
Norges Bank
Oslo,
Norway
| $1.23B | +$167M | 19 | 0.33% | Increased |
|
| 22 |
Geode Capital Management
Boston,
Massachusetts
| $1.12B | +$66.1M | 45 | 0.17% | Increased |
|
| 23 |
JP Morgan Chase
New York
| $1.12B | -$23.8M | 48 | 0.16% | Reduced |
|
| 24 |
Dimensional Fund Advisors
Austin,
Texas
| $1.1B | +$127M | 39 | 0.42% | Increased |
|
| 25 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
| $991M | +$29.1M | 12 | 3.15% | Increased |
|