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
| $15.1B | +$246M | 47 | 22.83% | Increased |
|
| 2 |
Vanguard Group
Malvern,
Pennsylvania
| $11.6B | +$622M | 47 | 0.23% | Increased |
|
| 3 |
BlackRock
New York
| $7.77B | -$363M | 50 | 0.18% | Reduced |
|
| 4 |
First Eagle Investment Management
New York
| $4.42B | +$155M | 16 | 10.04% | Increased |
|
| 5 |
Fidelity Investments
Boston,
Massachusetts
| $3.99B | -$399M | 47 | 0.27% | Reduced |
|
| 6 |
Capital World Investors
Los Angeles,
California
| $3.97B | -$322M | 5 | 0.66% | Reduced |
|
| 7 |
Fidelity International
Hamilton,
Bermuda
| $3.29B | -$4.15M | 13 | 3.26% | Reduced |
|
| 8 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3.29B | -$90.9M | 82 | 0.75% | Reduced |
|
| 9 |
Massachusetts Financial Services
Boston,
Massachusetts
| $2.69B | +$164M | 6 | 0.8% | Increased |
|
| 10 |
State Street
Boston,
Massachusetts
| $2.67B | +$47.3M | 26 | 0.12% | Increased |
|
| 11 |
Bank of Montreal
Toronto,
Ontario, Canada
| $2.67B | +$78.4M | 56 | 0.81% | Increased |
|
| 12 |
Morgan Stanley
New York
| $2.11B | +$87.1M | 80 | 0.17% | Increased |
|
| 13 |
Norges Bank
Oslo,
Norway
| $2.07B | +$9.34M | 14 | 0.33% | Increased |
|
| 14 |
Elliott Investment Management
West Palm Beach,
Florida
| $1.93B | $0 | 1 | 11.99% | Maintained |
|
| 15 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.77B | -$138M | 40 | 0.82% | Reduced |
|
| 16 |
Invesco
Atlanta,
Georgia
| $1.69B | +$2.06M | 44 | 0.36% | Increased |
|
| 17 |
Amundi
Paris,
France
| $1.67B | -$115M | 38 | 0.72% | Reduced |
|
| 18 |
Bank of America
Charlotte,
North Carolina
| $1.64B | +$179M | 74 | 0.15% | Increased |
|
| 19 |
Geode Capital Management
Boston,
Massachusetts
| $1.61B | +$94.5M | 46 | 0.15% | Increased |
|
| 20 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| $1.53B | -$139M | 35 | 2.2% | Reduced |
|
| 21 |
Dimensional Fund Advisors
Austin,
Texas
| $1.5B | +$30.3M | 39 | 0.41% | Increased |
|
| 22 |
JP Morgan Chase
New York
| $1.43B | +$9.5M | 55 | 0.12% | Increased |
|
| 23 |
National Bank of Canada
Montreal,
Quebec, Canada
| $1.4B | -$149M | 59 | 2.14% | Reduced |
|
| 24 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.3B | +$251M | 18 | 0.16% | Increased |
|
| 25 |
TD Asset Management
Toronto,
Ontario, Canada
| $1.29B | +$60.7M | 29 | 1.2% | Increased |
|