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
| $14.8B | +$1.23B | 49 | 26.86% | Increased |
|
| 2 |
Vanguard Group
Malvern,
Pennsylvania
| $11.5B | +$1.51B | 50 | 0.25% | Increased |
|
| 3 |
BlackRock
New York
| $8.84B | +$1.24B | 50 | 0.23% | Increased |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $4.45B | -$705M | 45 | 0.34% | Reduced |
|
| 5 |
First Eagle Investment Management
New York
| $4.41B | +$483M | 14 | 10.5% | Increased |
|
| 6 |
Capital World Investors
Los Angeles,
California
| $4.35B | +$214M | 5 | 0.77% | Increased |
|
| 7 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3.36B | -$129M | 80 | 0.78% | Reduced |
|
| 8 |
Fidelity International
Hamilton,
Bermuda
| $3.16B | +$118M | 13 | 3.32% | Increased |
|
| 9 |
State Street
Boston,
Massachusetts
| $2.91B | +$505M | 26 | 0.14% | Increased |
|
| 10 |
Bank of Montreal
Toronto,
Ontario, Canada
| $2.62B | +$36.5M | 57 | 0.79% | Increased |
|
| 11 |
Massachusetts Financial Services
Boston,
Massachusetts
| $2.37B | +$35.2M | 6 | 0.77% | Increased |
|
| 12 |
Norges Bank
Oslo,
Norway
| $2.11B | +$193M | 16 | 0.37% | Increased |
|
| 13 |
Morgan Stanley
New York
| $2.05B | +$237M | 78 | 0.18% | Increased |
|
| 14 |
Wellington Management Group
Boston,
Massachusetts
| $2.03B | +$595M | 16 | 0.38% | Increased |
|
| 15 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.95B | +$17.7M | 39 | 1% | Increased |
|
| 16 |
Neuberger Berman Group
New York
| $1.94B | +$984M | 16 | 0.85% | Increased |
|
| 17 |
Elliott Investment Management
West Palm Beach,
Florida
| $1.78B | $0 | 1 | 9.52% | Maintained |
|
| 18 |
Invesco
Atlanta,
Georgia
| $1.73B | +$38.8M | 39 | 0.41% | Increased |
|
| 19 |
Amundi
Paris,
France
| $1.65B | +$147M | 39 | 0.74% | Increased |
|
| 20 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| $1.64B | -$3.73M | 36 | 2.48% | Reduced |
|
| 21 |
Geode Capital Management
Boston,
Massachusetts
| $1.63B | +$290M | 47 | 0.17% | Increased |
|
| 22 |
Dimensional Fund Advisors
Austin,
Texas
| $1.46B | +$3.32M | 37 | 0.43% | Increased |
|
| 23 |
Bank of America
Charlotte,
North Carolina
| $1.46B | -$72.4M | 74 | 0.15% | Reduced |
|
| 24 |
JP Morgan Chase
New York
| $1.43B | +$78.2M | 58 | 0.14% | Increased |
|
| 25 |
National Bank of Canada
Montreal,
Quebec, Canada
| $1.39B | +$34.9M | 59 | 2.22% | Increased |
|