TOCQUEVILLE ASSET MANAGEMENT L.P.
Filing Date
Global Rank
#572
/ 8,622
▲ 16
· as of Mar 2026
Top Industry
Semiconductors
7.1%
3Y Alpha vs SPY
-2.2%
Period ended 4 months ago
Filed May 12, 2026 · 3mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+64.0%
SPY
+67.9%
Annualised alpha
-0.9%
Max drawdown
−18.3%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
453 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
4.5%
−0.2 pts
Top 5
15.7%
−1.8 pts
Top 10
25.3%
−1.7 pts
HHI
113
Diversified−9
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 20.8% | $1,295,722,047 |
| Industrials | 13.8% | $862,082,704 |
| Healthcare | 11.6% | $723,200,285 |
| Financial Services | 11.3% | $702,517,841 |
| Consumer Cyclical | 11.2% | $698,661,638 |
| Basic Materials | 7.0% | $436,554,590 |
| Energy | 6.7% | $414,793,735 |
| Communication Services | 5.7% | $356,514,018 |
| Consumer Defensive | 4.9% | $302,885,701 |
| Unclassified | 3.4% | $209,032,452 |
| Utilities | 2.5% | $156,493,410 |
| Real Estate | 1.2% | $71,835,914 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BAX | Baxter International Inc | +983,748 | 1,365,928 | $22,947,590 | |
| GPC | Genuine Parts Co | +492,358 | 774,950 | $81,950,962 | |
| SBUX | Starbucks Corp | +345,325 | 468,819 | $42,001,494 | |
| EXE | EXPAND ENERGY Corp | +317,726 | 374,522 | $41,115,025 | |
| DIS | Walt Disney Co | +314,424 | 477,173 | $45,989,933 | |
| SLB | Slb Limited/Nv | +313,576 | 362,188 | $18,612,841 | |
| NFLX | Netflix Inc | +259,222 | 286,854 | $27,581,012 | |
| CNH | CNH Industrial N.V. | +255,499 | 355,899 | $3,914,889 | |
| CCC | CCC Intelligent Solutions Holdings Inc. | +240,000 | 250,000 | $1,500,000 | |
| BSX | Boston Scientific Corp | +234,444 | 678,172 | $42,555,293 | |
| PHR | Phreesia, Inc. | +180,000 | 325,000 | $2,723,500 | |
| IFF | International Flavors & Fragrances Inc | +174,046 | 979,858 | $71,088,697 | |
| CMG | Chipotle Mexican Grill Inc | +162,594 | 743,208 | $23,790,088 | |
| ACVA | ACV Auctions Inc. | +145,000 | 285,000 | $1,208,400 | |
| SNY | Sanofi | +117,468 | 190,498 | $9,178,193 | |
| PAYX | Paychex Inc | +116,277 | 120,486 | $11,099,170 | |
| EQH | Equitable Holdings, Inc. | +107,195 | 492,952 | $18,293,448 | |
| MIAX | Miami International Holdings, Inc. | +91,360 | 312,135 | $12,148,294 | |
| DOC | Healthpeak Properties, Inc. | +88,659 | 236,899 | $3,892,250 | |
| WY | Weyerhaeuser Co | +86,016 | 1,369,103 | $33,447,186 | |
| BFLY | Butterfly Network, Inc. | +84,500 | 114,500 | $462,580 | |
| ONCY | Oncolytics Biotech Inc | +77,000 | 149,000 | $126,650 | |
| PANW | Palo Alto Networks Inc | +44,554 | 234,994 | $37,674,238 | |
| SWK | Stanley Black & Decker, Inc. | +44,314 | 314,226 | $22,328,899 | |
| GPN | Global Payments Inc | +41,497 | 320,649 | $21,579,677 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| KLTR | Kaltura Inc | −538,395 | 568,988 | $694,165 | |
| USB | US Bancorp De | −263,519 | 302,899 | $15,753,776 | |
| OXY | Occidental Petroleum Corp /De/ | −255,950 | 24,687 | $1,604,655 | |
| FCX | Freeport-Mcmoran Inc | −240,510 | 1,066,526 | $62,690,398 | |
| YEXT | Yext, Inc. | −220,000 | 185,000 | $710,400 | |
| SDGR | Schrodinger, Inc. | −132,400 | 24,600 | $279,456 | |
| ABM | Abm Industries Inc /De/ | −120,000 | 27,150 | $1,045,818 | |
| IAU | Ishares Gold Trust | −118,414 | 1,635,839 | $144,215,566 | |
| KVUE | Kenvue Inc. | −112,791 | 1,615,352 | $27,848,668 | |
| WFC | Wells Fargo & Company/Mn | −112,198 | 15,473 | $1,231,805 | |
| CVX | Chevron Corp | −109,899 | 222,107 | $45,953,938 | |
| GRSD | GRANDSTAND Ltd | −105,000 | 260,000 | $1,008,800 | |
| MITK | Mitek Systems Inc | −105,000 | 151,300 | $2,042,550 | |
| RSKD | Riskified Ltd. | −105,000 | 241,000 | $944,720 | |
| NTR | Nutrien Ltd. | −98,407 | 269,316 | $20,322,585 | |
| DV | DoubleVerify Holdings, Inc. | −95,000 | 480,500 | $4,564,750 | |
| VTRS | Viatris Inc | −94,621 | 346,976 | $4,687,645 | |
| AXGN | Axogen, Inc. | −85,000 | 384,900 | $12,751,737 | |
| VSH | Vishay Intertechnology Inc | −84,234 | 1,151,019 | $20,718,342 | |
| RKLB | Rocket Lab Corp | −75,550 | 933,300 | $59,936,526 | |
| TASK | TaskUs, Inc. | −75,000 | 132,000 | $885,720 | |
| S | SentinelOne, Inc. | −71,430 | 10,000 | $128,800 | |
| NCSM | NCS Multistage Holdings, Inc. | −62,906 | 58,696 | $3,629,760 | |
| WPM | Wheaton Precious Metals Corp. | −60,998 | 448,097 | $58,705,187 | |
| MICC | Magnum Ice Cream Co N.V. | −57,909 | 32,965 | $492,826 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
23 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AMCR | Amcor plc | 105,904 | $4,209,684 | |
| WAT | Waters Corp /De/ | 6,410 | $1,908,898 | |
| TTGT | TechTarget, Inc. | 420,000 | $1,629,600 | |
| NABL | N-able, Inc. | 290,000 | $1,354,300 | |
| WSO | Watsco Inc | 3,000 | $1,091,370 | |
| XYL | Xylem Inc. | 6,900 | $824,550 | |
| RARE | Ultragenyx Pharmaceutical Inc. | 23,850 | $499,657 | |
| SNDK | Sandisk Corp | 451 | $286,538 | |
| KEYS | Keysight Technologies, Inc. | 875 | $247,073 | |
| PCVX | Vaxcyte, Inc. | 4,200 | $244,062 | |
| DCI | DONALDSON Co INC | 2,786 | $236,447 | |
| TOL | Toll Brothers, Inc. | 1,729 | $235,956 | |
| CIEN | Ciena Corp | 598 | $232,161 | |
| KLAC | Kla Corp | 155 | $228,223 | |
| SENS | Senseonics Holdings, Inc. | 33,500 | $223,110 | |
| TDY | Teledyne Technologies Inc | 360 | $217,803 | |
| PFG | Principal Financial Group Inc | 2,400 | $216,264 | |
| NTRS | Northern Trust Corp | 1,536 | $214,379 | |
| BRO | Brown & Brown, Inc. | 3,200 | $208,672 | |
| M | Macy's, Inc. | 11,420 | $206,587 | |
| PUMP | ProPetro Holding Corp. | 11,500 | $165,715 | |
| PBYI | Puma Biotechnology, Inc. | 12,960 | $82,814 | |
| DMAC | DiaMedica Therapeutics Inc. | 10,500 | $71,085 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| LPLA | LPL Financial Holdings Inc. | 14,660 | $5,236,112 | |
| CXT | Crane NXT, Co. | 75,400 | $3,549,078 | |
| COIN | Coinbase Global, Inc. | 14,219 | $3,215,484 | |
| LITE | Lumentum Holdings Inc. | 7,685 | $2,832,614 | |
| CG | Carlyle Group Inc. | 26,250 | $1,551,637 | |
| ITGR | Integer Holdings Corp | 14,000 | $1,098,020 | |
| PRMB | Primo Brands Corp | 60,500 | $989,175 | |
| ARCC | Ares Capital Corp | 46,468 | $940,047 | |
| LW | Lamb Weston Holdings, Inc. | 21,271 | $891,042 | |
| MKC | Mccormick & Co Inc | 10,438 | $710,932 | |
| WRB | Berkley W R Corp | 6,750 | $473,310 | |
| CODA | Coda Octopus Group, Inc. | 47,064 | $437,695 | |
| ICFI | ICF International, Inc. | 5,000 | $426,500 | |
| SNOW | Snowflake Inc. | 1,666 | $365,453 | |
| EXPE | Expedia Group, Inc. | 1,247 | $353,287 | |
| HALO | Halozyme Therapeutics, Inc. | 4,500 | $302,850 | |
| AXON | Axon Enterprise, Inc. | 504 | $286,236 | |
| ENSG | Ensign Group, Inc | 1,539 | $268,093 | |
| ANET | Arista Networks, Inc. | 2,033 | $266,383 | |
| TDG | TransDigm Group INC | 193 | $256,661 | |
| UNF | Unifirst Corp | 1,300 | $250,770 | |
| SPOT | Spotify Technology S.A. | 413 | $239,833 | |
| GIS | General Mills Inc | 5,142 | $239,103 | |
| SWKS | Skyworks Solutions, Inc. | 3,731 | $236,582 | |
| GPGI | GPGI, Inc. | 12,209 | $235,389 | |
| No positions match the current search. | ||||
453 tracked positions ·
$6,230,294,335 total
· filing declares
547 positions · $6,743,695,292
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 453 positions by value
· page 1 of 10
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 847,854 | $278,850,702 | 4.48% | |
| NVDA |
Nvidia Corp
PUT
+ SHARES
Technology
|
Reduced | 1,176,217 | $205,132,244 | 3.29% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 470,285 | $174,085,398 | 2.79% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 583,652 | $167,834,969 | 2.69% | |
| AAPL |
Apple Inc.
PUT
+ SHARES
Technology
|
Reduced | 593,794 | $150,698,979 | 2.42% | |
| IAU |
Ishares Gold Trust
|
Reduced | 1,635,839 | $144,215,566 | 2.31% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 655,327 | $136,484,954 | 2.19% | |
| AMAT |
Applied Materials Inc /De
Technology
|
Reduced | 336,097 | $114,874,593 | 1.84% | |
| NEE |
Nextera Energy Inc
Utilities
|
Reduced | 1,162,536 | $107,976,343 | 1.73% | |
| BRK-B |
Berkshire Hathaway Inc
PUT
+ SHARES
Financial Services
|
Reduced | 199,758 | $95,724,033 | 1.54% | |
| CCJ |
Cameco Corp
Energy
|
Reduced | 788,539 | $85,643,220 | 1.37% | |
| GPC |
Genuine Parts Co
Consumer Cyclical
|
Added | 774,950 | $81,950,962 | 1.32% | |
| RSG |
Republic Services, Inc.
Industrials
|
Reduced | 353,043 | $77,323,477 | 1.24% | |
| NEM |
NEWMONT Corp /DE/
Basic Materials
|
Reduced | 703,617 | $76,166,540 | 1.22% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 251,343 | $73,935,056 | 1.19% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Added | 337,526 | $73,408,529 | 1.18% | |
| VRT |
Vertiv Holdings Co
Industrials
|
Reduced | 291,400 | $73,019,012 | 1.17% | |
| FDX |
Fedex Corp
Industrials
|
Reduced | 201,851 | $71,895,295 | 1.15% | |
| QCOM |
Qualcomm Inc/De
Technology
|
Reduced | 556,647 | $71,685,000 | 1.15% | |
| IFF |
International Flavors & Fragrances Inc
Basic Materials
|
Added | 979,858 | $71,088,697 | 1.14% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 273,256 | $66,794,696 | 1.07% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Reduced | 1,066,526 | $62,690,398 | 1.01% | |
| RKLB |
Rocket Lab Corp
Industrials
|
Reduced | 933,300 | $59,936,526 | 0.96% | |
| DE |
Deere & Co
Industrials
|
Reduced | 105,456 | $59,403,364 | 0.95% | |
| WPM |
Wheaton Precious Metals Corp.
Basic Materials
|
Reduced | 448,097 | $58,705,187 | 0.94% | |
| CAT |
Caterpillar Inc
Industrials
|
Reduced | 79,623 | $56,409,710 | 0.91% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Reduced | 446,512 | $53,710,928 | 0.86% | |
| PH |
Parker-Hannifin Corp
Industrials
|
Reduced | 54,842 | $49,096,752 | 0.79% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 144,819 | $48,925,650 | 0.79% | |
| DIS |
Walt Disney Co
Communication Services
|
Added | 477,173 | $45,989,933 | 0.74% | |
| CL |
Colgate Palmolive Co
Consumer Defensive
|
Reduced | 539,188 | $45,954,993 | 0.74% | |
| CVX |
Chevron Corp
Energy
|
Reduced | 222,107 | $45,953,938 | 0.74% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Reduced | 315,544 | $45,577,175 | 0.73% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 357,250 | $44,399,030 | 0.71% | |
| BSX |
Boston Scientific Corp
Healthcare
|
Added | 678,172 | $42,555,293 | 0.68% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 74,372 | $42,550,452 | 0.68% | |
| SBUX |
Starbucks Corp
Consumer Cyclical
|
Added | 468,819 | $42,001,494 | 0.67% | |
| HON |
Honeywell International Inc
Industrials
|
Added | 185,447 | $41,916,591 | 0.67% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Added | 85,252 | $41,903,915 | 0.67% | |
| C |
Citigroup Inc
Financial Services
|
Reduced | 366,101 | $41,519,514 | 0.67% | |
| EXE |
EXPAND ENERGY Corp
Energy
|
Added | 374,522 | $41,115,025 | 0.66% | |
| EMR |
Emerson Electric Co
Industrials
|
Reduced | 297,318 | $38,954,604 | 0.63% | |
| UBER |
Uber Technologies, Inc
Technology
|
Reduced | 539,741 | $38,823,570 | 0.62% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Added | 45,814 | $38,758,185 | 0.62% | |
| PANW |
Palo Alto Networks Inc
Technology
|
Added | 234,994 | $37,674,238 | 0.60% | |
| CB |
Chubb Ltd
Financial Services
|
Reduced | 111,531 | $36,351,298 | 0.58% | |
| TPL |
Texas Pacific Land Corp
Energy
|
Reduced | 76,172 | $36,148,184 | 0.58% | |
| APD |
Air Products & Chemicals, Inc.
Basic Materials
|
Reduced | 124,078 | $36,043,418 | 0.58% | |
| BKNG |
Booking Holdings Inc.
Consumer Cyclical
|
Added | 8,502 | $35,796,140 | 0.57% | |
| UTHR |
UNITED THERAPEUTICS Corp
Healthcare
|
Reduced | 60,283 | $35,746,613 | 0.57% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.