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
| $13B | +$573M | 51 | 33.63% | Increased |
|
| 2 |
Vanguard Group
Malvern,
Pennsylvania
| $9.14B | +$151M | 47 | 0.25% | Increased |
|
| 3 |
BlackRock
New York
| $7.4B | +$15.2M | 45 | 0.23% | Increased |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $5.46B | +$38.4M | 44 | 0.54% | Increased |
|
| 5 |
First Eagle Investment Management
New York
| $3.9B | +$100M | 14 | 10.75% | Increased |
|
| 6 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3.33B | -$60.2M | 83 | 0.95% | Reduced |
|
| 7 |
Fidelity International
Hamilton,
Bermuda
| $3.11B | +$130M | 10 | 3.73% | Increased |
|
| 8 |
Capital World Investors
Los Angeles,
California
| $2.98B | +$30.1M | 5 | 0.63% | Increased |
|
| 9 |
State Street
Boston,
Massachusetts
| $2.69B | +$7.13M | 22 | 0.16% | Increased |
|
| 10 |
Bank of Montreal
Toronto,
Ontario, Canada
| $2.59B | -$176M | 56 | 1.12% | Reduced |
|
| 11 |
Massachusetts Financial Services
Boston,
Massachusetts
| $2.45B | +$82M | 7 | 0.85% | Increased |
|
| 12 |
Amundi
Paris,
France
| $2.02B | -$166M | 37 | 1.11% | Reduced |
|
| 13 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.85B | +$71M | 37 | 1.06% | Increased |
|
| 14 |
Flossbach Von Storch
Cologne,
Germany
| $1.84B | -$60.7M | 3 | 7.03% | Reduced |
|
| 15 |
Renaissance Technologies
New York
| $1.84B | -$287M | 58 | 2.51% | Reduced |
|
| 16 |
Elliott Investment Management
West Palm Beach,
Florida
| $1.79B | +$9.45M | 1 | 14.58% | Increased |
|
| 17 |
Invesco
Atlanta,
Georgia
| $1.78B | +$39.1M | 39 | 0.52% | Increased |
|
| 18 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| $1.71B | +$78.3M | 40 | 2.86% | Increased |
|
| 19 |
Morgan Stanley
New York
| $1.71B | -$27.7M | 80 | 0.19% | Reduced |
|
| 20 |
Bank of America
Charlotte,
North Carolina
| $1.59B | +$59.8M | 70 | 0.18% | Increased |
|
| 21 |
Norges Bank
Oslo,
Norway
| $1.58B | +$130M | 19 | 0.38% | Increased |
|
| 22 |
JP Morgan Chase
New York
| $1.4B | +$79M | 49 | 0.18% | Increased |
|
| 23 |
Geode Capital Management
Boston,
Massachusetts
| $1.28B | -$10.5M | 45 | 0.18% | Reduced |
|
| 24 |
National Bank of Canada
Montreal,
Quebec, Canada
| $1.23B | +$998M | 61 | 3.14% | Increased |
|
| 25 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
| $1.12B | -$17.5M | 12 | 2.9% | Reduced |
|