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
| $15.5B | -$1.09B | 48 | 22.01% | Reduced |
|
| 2 |
Vanguard Group
Malvern,
Pennsylvania
| $13.2B | +$258M | 48 | 0.25% | Increased |
|
| 3 |
BlackRock
New York
| $8.69B | -$32.7M | 55 | 0.2% | Reduced |
|
| 4 |
Capital World Investors
Los Angeles,
California
| $4.99B | +$797M | 5 | 0.81% | Increased |
|
| 5 |
First Eagle Investment Management
New York
| $4.56B | -$176M | 16 | 10.2% | Reduced |
|
| 6 |
Fidelity Investments
Boston,
Massachusetts
| $4.34B | +$154M | 47 | 0.28% | Increased |
|
| 7 |
Fidelity International
Hamilton,
Bermuda
| $3.51B | -$27.3M | 13 | 3.47% | Reduced |
|
| 8 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3.34B | -$213M | 80 | 0.76% | Reduced |
|
| 9 |
State Street
Boston,
Massachusetts
| $2.98B | -$55.8M | 27 | 0.13% | Reduced |
|
| 10 |
Bank of Montreal
Toronto,
Ontario, Canada
| $2.91B | +$3.05M | 55 | 0.84% | Increased |
|
| 11 |
Massachusetts Financial Services
Boston,
Massachusetts
| $2.81B | +$13.6M | 6 | 0.86% | Increased |
|
| 12 |
Morgan Stanley
New York
| $2.56B | +$260M | 81 | 0.2% | Increased |
|
| 13 |
Bank of America
Charlotte,
North Carolina
| $2.41B | +$637M | 75 | 0.21% | Increased |
|
| 14 |
Norges Bank
Oslo,
Norway
| $2.41B | +$57.1M | 14 | 0.36% | Increased |
|
| 15 |
Elliott Investment Management
West Palm Beach,
Florida
| $2.07B | $0 | 1 | 11.97% | Maintained |
|
| 16 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.94B | -$31.3M | 42 | 0.88% | Reduced |
|
| 17 |
Geode Capital Management
Boston,
Massachusetts
| $1.86B | +$50M | 48 | 0.16% | Increased |
|
| 18 |
Invesco
Atlanta,
Georgia
| $1.81B | -$45.8M | 45 | 0.38% | Reduced |
|
| 19 |
Amundi
Paris,
France
| $1.72B | -$60.6M | 37 | 0.66% | Reduced |
|
| 20 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| $1.72B | +$70.8M | 38 | 2.55% | Increased |
|
| 21 |
Dimensional Fund Advisors
Austin,
Texas
| $1.65B | +$9.34M | 40 | 0.43% | Increased |
|
| 22 |
JP Morgan Chase
New York
| $1.57B | +$6.36M | 54 | 0.13% | Increased |
|
| 23 |
TD Asset Management
Toronto,
Ontario, Canada
| $1.51B | +$135M | 33 | 1.41% | Increased |
|
| 24 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.46B | +$66.5M | 19 | 0.17% | Increased |
|
| 25 |
Arrowstreet Capital
Boston,
Massachusetts
| $1.45B | +$1.17B | 19 | 1.28% | Increased |
|