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 |
Vanguard Group
Malvern,
Pennsylvania
| $20.9B | +$383M | 52 | 0.34% | Increased |
|
| 2 |
VanEck Associates
New York
| $19.5B | -$1.26B | 51 | 22.06% | Reduced |
|
| 3 |
BlackRock
New York
| $13.2B | +$785M | 59 | 0.25% | Increased |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $9.73B | +$510M | 53 | 0.55% | Increased |
|
| 5 |
Capital World Investors
Los Angeles,
California
| $9.07B | +$190M | 7 | 1.32% | Increased |
|
| 6 |
First Eagle Investment Management
New York
| $6.08B | -$469M | 16 | 11.94% | Reduced |
|
| 7 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5.71B | +$464M | 82 | 1.03% | Increased |
|
| 8 |
Fidelity International
Hamilton,
Bermuda
| $5.39B | -$146M | 13 | 4.6% | Reduced |
|
| 9 |
Arrowstreet Capital
Boston,
Massachusetts
| $4.85B | +$500M | 35 | 3.42% | Increased |
|
| 10 |
State Street
Boston,
Massachusetts
| $4.27B | +$147M | 26 | 0.16% | Increased |
|
| 11 |
Bank of Montreal
Toronto,
Ontario, Canada
| $4.19B | -$282M | 59 | 1.97% | Reduced |
|
| 12 |
Geode Capital Management
Boston,
Massachusetts
| $4.02B | +$466M | 50 | 0.28% | Increased |
|
| 13 |
Massachusetts Financial Services
Boston,
Massachusetts
| $3.96B | -$377M | 8 | 1.26% | Reduced |
|
| 14 |
Morgan Stanley
New York
| $3.93B | -$74.2M | 84 | 0.26% | Reduced |
|
| 15 |
Norges Bank
Oslo,
Norway
| $3.9B | -$40.4M | 14 | 0.49% | Reduced |
|
| 16 |
Invesco
Atlanta,
Georgia
| $3.5B | +$742M | 41 | 0.6% | Increased |
|
| 17 |
Bank of America
Charlotte,
North Carolina
| $3.24B | -$193M | 82 | 0.24% | Reduced |
|
| 18 |
Elliott Investment Management
West Palm Beach,
Florida
| $3.23B | $0 | 2 | 17.8% | Maintained |
|
| 19 |
Dimensional Fund Advisors
Austin,
Texas
| $3.03B | +$6.56M | 40 | 0.7% | Increased |
|
| 20 |
TD Asset Management
Toronto,
Ontario, Canada
| $3.01B | +$40.2M | 35 | 2.57% | Increased |
|
| 21 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| $2.79B | -$47.4M | 43 | 3.62% | Reduced |
|
| 22 |
Goldman Sachs
New York
| $2.78B | +$635M | 64 | 0.38% | Increased |
|
| 23 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $2.75B | +$141M | 43 | 1.01% | Increased |
|
| 24 |
Capital International Investors
Los Angeles,
California
| $2.47B | +$612M | 3 | 0.43% | Increased |
|
| 25 |
Amundi
Paris,
France
| $2.47B | -$400M | 42 | 0.85% | Reduced |
|