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Asset Manager ← All Institutions

TOCQUEVILLE ASSET MANAGEMENT L.P.

Q2 2025 · Filed 2025-08-12
Market Value
$6.5B
+7.8%
Holdings
546
-3
New Purchases
43
Added To
133
Closed
23
Reduced
227
Top 10 Concentration
25.4%
Turnover
12.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
RKLB 0.72% 0.00% +0.72% $47M
T 0.57% 0.06% +0.51% $37M
NFG 0.51% 0.00% +0.51% $33M
NVDA 3.26% 2.77% +0.49% $213M
EQH 0.46% 0.00% +0.46% $30M
ALL 0.49% 0.04% +0.45% $32M
C 0.59% 0.14% +0.45% $38M
ABC 0.43% 0.00% +0.43% $28M
IBM 0.54% 0.12% +0.43% $36M
CVS 0.41% 0.01% +0.40% $26M
D 0.40% 0.01% +0.39% $26M
CCJ 0.97% 0.59% +0.38% $64M
TSN 0.40% 0.05% +0.34% $26M
VSH 0.34% 0.00% +0.34% $22M
DLTR 0.31% 0.00% +0.31% $20M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAPL 2.22% 2.78% -0.56% $145M
UNH 0.62% 1.14% -0.52% $41M
CRM 0.36% 0.84% -0.48% $24M
REGN 0.49% 0.90% -0.41% $32M
ABBV 0.99% 1.37% -0.38% $64M
APD 0.82% 1.19% -0.37% $54M
NEE 1.23% 1.57% -0.34% $80M
EXE 0.10% 0.42% -0.32% $7M
BRK-B 1.69% 1.99% -0.30% $110M
MCD 0.30% 0.60% -0.30% $20M
TPL 0.45% 0.73% -0.28% $29M
SLB 0.01% 0.29% -0.28% $582K
FNV 0.16% 0.42% -0.27% $10M
SDGR 0.12% 0.37% -0.25% $8M
DIS 0.33% 0.56% -0.23% $22M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 69 $2.7B 42.0%
Large Cap 337 $3.4B 52.6%
Mid Cap 76 $253M 3.9%
Small Cap 44 $87M 1.3%
Micro Cap 20 $18M 0.3%

Portfolio Analytics

Avg Market Cap
$145.1B
Median Market Cap
$32.5B
Avg P/E
32.4
Median P/E
23.2
Avg Dividend Yield
0.02%
Avg Beta
0.97
# Stocks
449
# ETFs / Funds
97

Top Holdings (546 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 HD 5.13% 913,083 $335M $366.64 $11M +30,400 +3.4%
2 MSFT 3.56% 467,101 $232M $497.41 $33M -63,873 -12.0%
3 NVDA 3.26% 1,346,426 $213M $157.99 $45M -202,920 -13.1%
4 AMZN 2.58% 767,013 $168M $219.39 $13M -50,905 -6.2%
5 AAPL 2.22% 704,780 $145M $205.17 -$23M -51,548 -6.8%
6 GOOGL 1.92% 712,562 $126M $176.23 $2M -89,343 -11.1%
7 GOOG 1.84% 676,030 $120M $177.39 $13M -8,309 -1.2%
8 IAU 1.77% 1,852,147 $115M $62.36 -$3M -149,763 -7.5%
9 BRK-B 1.69% 226,942 $110M $485.77 -$10M +308 +0.1%
10 QCOM 1.44% 590,071 $94M $159.26 $2M -11,074 -1.8%
11 RSG 1.33% 352,252 $87M $246.61 -$5M -28,813 -7.6%
12 NEE 1.23% 1,155,843 $80M $69.42 -$15M -187,903 -14.0%
13 JPM 1.20% 269,066 $78M $289.91 $10M -8,842 -3.2%
14 ABBV 0.99% 346,308 $64M $185.62 -$19M -49,143 -12.4%
15 CCJ 0.97% 856,448 $64M $74.23 $28M -17,963 -2.0%
16 UBER 0.95% 664,377 $62M $93.30 $3M -138,905 -17.3%
17 FDX 0.95% 272,239 $62M $227.31 $12M +65,834 +31.9%
18 ADBE 0.93% 157,592 $61M $386.88 $13M +31,900 +25.4%
19 APO 0.93% 428,939 $61M $141.87 -$3M -37,907 -8.1%
20 AMAT 0.92% 328,814 $60M $183.07 $6M -45,203 -12.1%
21 FCX 0.87% 1,313,538 $57M $43.35 $2M -142,703 -9.8%
22 META 0.86% 76,280 $56M $738.09 $17M +7,664 +11.2%
23 CVX 0.85% 388,951 $56M $143.19 $18M +160,713 +70.4%
24 DE 0.83% 106,307 $54M $508.49 -$5M -20,245 -16.0%
25 APD 0.82% 190,041 $54M $282.06 -$18M -53,555 -22.0%
26 MRK 0.81% 670,358 $53M $79.16 -$9M -24,667 -3.5%
27 PG 0.80% 327,177 $52M $159.32 -$6M -14,261 -4.2%
28 HON 0.79% 221,111 $51M $232.88 -$2M -30,822 -12.2%
29 BSX 0.78% 475,195 $51M $107.41 $1M -16,802 -3.4%
30 CL 0.74% 534,077 $49M $90.90 -$5M -37,562 -6.6%
31 RKLB 0.72% 1,309,035 $47M $35.77 +1,309,035 NEW
32 WPM 0.71% 513,313 $46M $89.80 -$7M -168,394 -24.7%
33 VRT 0.68% 345,127 $44M $128.41 $14M -79,315 -18.7%
34 JNJ 0.67% 287,724 $44M $152.75 -$6M -11,195 -3.8%
35 EMR 0.66% 322,226 $43M $133.33 $8M +6,495 +2.1%
36 NEM 0.64% 717,605 $42M $58.26 -$307K -154,691 -17.7%
37 BKNG 0.63% 7,137 $41M $5,789.24 $7M -316 -4.2%
38 UNH 0.62% 130,396 $41M $311.97 -$29M -1,802 -1.4%
39 PANW 0.62% 198,333 $41M $204.64 -$380K -41,746 -17.4%
40 TMO 0.60% 97,109 $39M $405.46 -$670K +16,636 +20.7%
41 WY 0.59% 1,508,247 $39M $25.69 -$6M -6,020 -0.4%
42 C 0.59% 450,941 $38M $85.12 $30M +334,743 +288.1%
43 PH 0.58% 54,359 $38M $698.47 -$6M -18,362 -25.2%
44 WMT 0.58% 384,499 $38M $97.78 -$7M -123,418 -24.3%
45 CB 0.57% 129,209 $37M $289.72 -$3M -5,904 -4.4%
46 T 0.57% 1,291,099 $37M $28.94 $34M +1,162,128 +901.1%
47 IBM 0.54% 120,499 $36M $294.78 $28M +91,771 +319.4%
48 PGR 0.54% 131,661 $35M $266.86 -$4M -8,031 -5.8%
49 MA 0.53% 61,724 $35M $561.94 $108K -1,360 -2.2%
50 MU 0.52% 273,643 $34M $123.25 $16M +71,514 +35.4%
51 UL 0.51% 545,156 $33M $61.17 -$418K -21,845 -3.9%
52 NFG 0.51% 392,205 $33M $84.71 +392,205 NEW
53 XLE 0.51% 390,018 $33M $84.81 -$8M -50,135 -11.4%
54 AVGO 0.50% 117,478 $32M $275.65 $8M -27,164 -18.8%
55 REGN 0.49% 61,102 $32M $525.00 -$22M -24,827 -28.9%
56 ALL 0.49% 158,597 $32M $201.31 $30M +147,877 +1379.5%
57 CAT 0.48% 80,969 $31M $388.21 -$11M -48,441 -37.4%
58 GS 0.47% 43,275 $31M $707.75 $9M +2,779 +6.9%
59 V 0.47% 86,130 $31M $355.05 $464K +195 +0.2%
60 CSCO 0.46% 433,931 $30M $69.38 -$5M -133,605 -23.5%
61 EQH 0.46% 532,136 $30M $56.10 +532,136 NEW
62 ORCL 0.45% 135,219 $30M $218.63 $10M -3,582 -2.6%
63 TPL 0.45% 27,832 $29M $1,056.39 -$15M -5,433 -16.3%
64 XLK 0.44% 114,292 $29M $253.23 -$726K -29,395 -20.5%
65 MTB 0.44% 148,615 $29M $193.99 $1M -6,121 -4.0%
66 ABT 0.44% 211,608 $29M $136.01 $2M +12,723 +6.4%
67 RTX 0.43% 192,487 $28M $146.02 -$10M -94,900 -33.0%
68 ICE 0.43% 152,823 $28M $183.47 -$3M -24,247 -13.7%
69 ABC 0.43% 92,837 $28M $299.85 +92,837 NEW
70 AER 0.43% 237,049 $28M $117.00 -$4M -69,321 -22.6%
71 ADP 0.42% 88,014 $27M $308.40 $253K
72 NOW 0.42% 26,359 $27M $1,028.08 $16M +12,177 +85.9%
73 CVS 0.41% 384,097 $26M $68.98 $26M +379,087 +7566.6%
74 CMG 0.40% 468,183 $26M $56.15 $2M -25,220 -5.1%
75 FANG 0.40% 190,273 $26M $137.40 -$12M -47,038 -19.8%
76 GDX 0.40% 496,078 $26M $52.06 $3M -8,436 -1.7%
77 AVAV 0.40% 90,630 $26M $284.95 $9M -50,335 -35.7%
78 TSN 0.40% 461,062 $26M $55.94 $23M +411,082 +822.5%
79 D 0.40% 456,070 $26M $56.52 $25M +448,206 +5699.5%
80 BLDR 0.39% 218,527 $25M $116.69 $6M +66,391 +43.6%
81 LMT 0.38% 53,454 $25M $463.14 -$517K -3,124 -5.5%
82 USB 0.38% 545,396 $25M $45.25 $2M +8,415 +1.6%
83 CRM 0.36% 87,021 $24M $272.69 -$27M -102,724 -54.1%
84 GPC 0.36% 193,847 $24M $121.31 $15M +120,402 +163.9%
85 NTR 0.36% 398,699 $23M $58.24 -$7M -214,946 -35.0%
86 VSH 0.34% 1,399,494 $22M $15.88 +1,399,494 NEW
87 BAC 0.34% 466,052 $22M $47.32 $2M -11,069 -2.3%
88 CRWD 0.33% 42,734 $22M $509.31 $7M +226 +0.5%
89 MRVL 0.33% 278,276 $22M $77.40 -$10M -234,685 -45.8%
90 DIS 0.33% 173,675 $22M $124.01 -$12M -169,488 -49.4%
91 OXY 0.33% 512,395 $22M $42.01 -$3M +7,514 +1.5%
92 WM 0.32% 90,951 $21M $228.82 -$2M -8,125 -8.2%
93 XLC 0.32% 190,558 $21M $108.53 -$3M -49,966 -20.8%
94 GEHC 0.31% 276,140 $20M $74.07 -$3M -10,185 -3.6%
95 GLD 0.31% 66,750 $20M $304.83 $772K -1,188 -1.8%
96 DLTR 0.31% 202,369 $20M $99.04 +202,369 NEW
97 DGX 0.31% 111,368 $20M $179.63 $741K -2,485 -2.2%
98 MCD 0.30% 67,382 $20M $292.17 -$17M -49,483 -42.3%
99 VWO 0.30% 394,365 $20M $49.46 $1M -12,707 -3.1%
100 CACI 0.30% 40,813 $19M $476.70 $14M +27,222 +200.3%

Options Breakdown

0 Calls $0 Call Value 6 Puts $18M Put Value

Top Puts

SymbolSharesValueStatus
SPY 15,000 $9M
NVDA 52,600 $8M
BRK-B 500 $243K NEW
KO 3,000 $212K
MA 200 $112K NEW
AAPL 500 $103K NEW

New Positions

SymbolValue% Port
RKLB $47M 0.72%
NFG $33M 0.51%
EQH $30M 0.46%
ABC $28M 0.43%
VSH $22M 0.34%
DLTR $20M 0.31%
TPR $18M 0.28%
UTHR $18M 0.27%
HUM $18M 0.27%
ALLY $14M 0.22%
LVS $14M 0.21%
MUR $12M 0.18%
SWK $11M 0.17%
SUI $10M 0.15%
ST $9M 0.14%

Sold Out Positions

SymbolValue% Port
ACN —%
AIG —%
SPOT —%
BGSF —%
FTV —%
LSPD —%
STZ —%
CLX —%
RPM —%
SKYH —%
GDDY —%
APP —%
ACIW —%
SDOG —%
EWJ —%
View SEC EDGAR Filings for TOCQUEVILLE ASSET MANAGEMENT L.P. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms