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
| $12.8B | -$838M | 48 | 27.98% | Reduced |
|
| 2 |
Vanguard Group
Malvern,
Pennsylvania
| $8.96B | +$13.5M | 48 | 0.21% | Increased |
|
| 3 |
BlackRock
New York
| $7.62B | +$306M | 45 | 0.21% | Increased |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $5.74B | -$181M | 49 | 0.48% | Reduced |
|
| 5 |
First Eagle Investment Management
New York
| $3.77B | -$119M | 14 | 9.64% | Reduced |
|
| 6 |
Capital World Investors
Los Angeles,
California
| $3.48B | -$143M | 5 | 0.67% | Reduced |
|
| 7 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3.29B | +$54.7M | 80 | 0.86% | Increased |
|
| 8 |
Fidelity International
Hamilton,
Bermuda
| $3.15B | +$255M | 10 | 3.54% | Increased |
|
| 9 |
Bank of Montreal
Toronto,
Ontario, Canada
| $2.78B | -$73.6M | 51 | 0.96% | Reduced |
|
| 10 |
Massachusetts Financial Services
Boston,
Massachusetts
| $2.52B | -$28.9M | 6 | 0.83% | Reduced |
|
| 11 |
State Street
Boston,
Massachusetts
| $2.41B | -$78.7M | 26 | 0.13% | Reduced |
|
| 12 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.92B | +$4.18M | 38 | 1.02% | Increased |
|
| 13 |
Elliott Investment Management
West Palm Beach,
Florida
| $1.85B | $0 | 1 | 16.33% | Maintained |
|
| 14 |
Morgan Stanley
New York
| $1.8B | +$115M | 79 | 0.18% | Increased |
|
| 15 |
Norges Bank
Oslo,
Norway
| $1.79B | +$131M | 17 | 0.35% | Increased |
|
| 16 |
Renaissance Technologies
New York
| $1.6B | -$135M | 62 | 2.3% | Reduced |
|
| 17 |
Invesco
Atlanta,
Georgia
| $1.58B | -$106M | 37 | 0.41% | Reduced |
|
| 18 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| $1.57B | -$132M | 38 | 2.38% | Reduced |
|
| 19 |
Amundi
Paris,
France
| $1.53B | -$84.7M | 39 | 0.78% | Reduced |
|
| 20 |
Bank of America
Charlotte,
North Carolina
| $1.52B | -$280M | 67 | 0.16% | Reduced |
|
| 21 |
Flossbach Von Storch
Cologne,
Germany
| $1.48B | +$43.6M | 3 | 5.96% | Increased |
|
| 22 |
Dimensional Fund Advisors
Austin,
Texas
| $1.42B | +$3.87M | 38 | 0.45% | Increased |
|
| 23 |
JP Morgan Chase
New York
| $1.31B | -$254M | 48 | 0.14% | Reduced |
|
| 24 |
Geode Capital Management
Boston,
Massachusetts
| $1.28B | +$64M | 47 | 0.15% | Increased |
|
| 25 |
National Bank of Canada
Montreal,
Quebec, Canada
| $1.27B | -$36.8M | 57 | 2.33% | Reduced |
|