← All themes Gold & Precious Metals

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	$36.6B	+$796M	55	0.53%	Increased
2	VanEck Associates New York	$32.2B	+$78.1M	56	26.63%	Increased
3	BlackRock New York	$27.1B	+$1.3B	64	0.46%	Increased
4	Fidelity Investments Boston, Massachusetts	$17.9B	+$731M	55	0.91%	Increased
5	Capital World Investors Los Angeles, California	$12.5B	-$272M	9	1.7%	Reduced
6	Arrowstreet Capital Boston, Massachusetts	$9.92B	+$1.36B	51	5.81%	Increased
7	Bank of Montreal Toronto, Ontario, Canada	$8.57B	+$611M	65	2.97%	Increased
8	Royal Bank of Canada Toronto, Ontario, Canada	$8.34B	-$948M	84	1.36%	Reduced
9	Fidelity International Hamilton, Bermuda	$8.27B	-$122M	25	6.19%	Reduced
10	Geode Capital Management Boston, Massachusetts	$7.95B	+$456M	55	0.49%	Increased
11	First Eagle Investment Management New York	$7.93B	-$860M	16	13.95%	Reduced
12	State Street Boston, Massachusetts	$7.78B	+$160M	31	0.26%	Increased
13	Morgan Stanley New York	$6.8B	+$411M	86	0.41%	Increased
14	Norges Bank Oslo, Norway	$6.43B	+$5.99B	20	0.69%	New
15	Massachusetts Financial Services Boston, Massachusetts	$5.62B	+$112M	16	1.81%	Increased
16	Mackenzie Financial Toronto Ontario, Ontario, Canada	$5.25B	+$356M	44	6.21%	Increased
17	Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong	$5.16B	+$713M	58	7.71%	Increased
18	Capital International Investors Los Angeles, California	$5.13B	-$504M	5	0.8%	Reduced
19	Goldman Sachs New York	$5.04B	+$132M	69	0.62%	Increased
20	Invesco Atlanta, Georgia	$5.03B	-$466M	37	0.47%	Reduced
21	Bank of America Charlotte, North Carolina	$4.93B	-$289M	82	0.36%	Reduced
22	TD Asset Management Toronto, Ontario, Canada	$4.91B	+$123M	38	3.95%	Increased
23	Deutsche Bank Frankfurt Am Main Ge, Germany	$4.85B	+$224M	51	1.58%	Increased
24	Elliott Investment Management West Palm Beach, Florida	$4.56B	+$32.6M	2	20.16%	Increased
25	Dimensional Fund Advisors Austin, Texas	$4.54B	-$366M	43	0.95%	Reduced