# TOCQUEVILLE ASSET MANAGEMENT L.P.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 883961. Source: https://holderbook.com/funds/883961-tocqueville-asset-management-l-p/

- Reported value: $7.6B
- Positions: 550
- Weight of the ten largest: 24.7%
- Filed: 2026-08-10

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $298.5M | 846,430 | 3.9% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $233.5M | 1,161,568 | 3.1% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $218.4M | 302,050 | 2.9% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $205.5M | 574,912 | 2.7% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $188.7M | 534,147 | 2.5% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $169.5M | 454,510 | 2.2% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $169.0M | 583,722 | 2.2% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $159.4M | 668,849 | 2.1% | 31 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $117.2M | 1,551,830 | 1.5% | 21 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $106.5M | 92,226 | 1.4% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $99.4M | 1,132,735 | 1.3% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $99.0M | 197,261 | 1.3% | 31 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $97.5M | 291,126 | 1.3% | 17 |
| ROCKET LAB CORP | [RKLB](https://holderbook.com/stocks/RKLB/) | $85.2M | 837,725 | 1.1% | 5 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $84.6M | 336,097 | 1.1% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $84.4M | 79,281 | 1.1% | 31 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $81.7M | 692,724 | 1.1% | 31 |
| INTERNATIONAL FLAVORS&FRAGRA | [IFF](https://holderbook.com/stocks/IFF/) | $80.4M | 1,015,185 | 1.1% | 4 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $80.3M | 434,642 | 1.1% | 31 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $79.6M | 781,617 | 1.1% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $78.8M | 240,659 | 1.0% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $77.2M | 259,159 | 1.0% | 15 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $76.8M | 360,473 | 1.0% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $71.0M | 208,149 | 0.9% | 31 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $70.7M | 1,123,716 | 0.9% | 25 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $66.6M | 104,941 | 0.9% | 31 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $65.7M | 703,903 | 0.9% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $65.6M | 258,233 | 0.9% | 31 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $62.9M | 200,746 | 0.8% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $59.1M | 104,921 | 0.8% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $57.5M | 447,832 | 0.8% | 31 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $53.7M | 54,857 | 0.7% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $53.1M | 188,776 | 0.7% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $50.9M | 363,622 | 0.7% | 31 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $49.5M | 440,382 | 0.7% | 31 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $47.6M | 465,482 | 0.6% | 31 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $47.5M | 518,035 | 0.6% | 31 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $46.5M | 643,928 | 0.6% | 6 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $45.5M | 473,112 | 0.6% | 31 |
| GE HEALTHCARE TECHNOLOGIES I | [GEHC](https://holderbook.com/stocks/GEHC/) | $45.1M | 704,344 | 0.6% | 12 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $44.0M | 172,269 | 0.6% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $43.8M | 43,324 | 0.6% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $43.4M | 478,373 | 0.6% | 31 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $42.6M | 223,519 | 0.6% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $41.9M | 292,469 | 0.6% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $41.5M | 82,830 | 0.5% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $40.7M | 277,538 | 0.5% | 31 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $40.5M | 762,726 | 0.5% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $40.2M | 354,932 | 0.5% | 31 |
| TYSON FOODS INC | [TSN](https://holderbook.com/stocks/TSN/) | $40.0M | 698,623 | 0.5% | 31 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $39.8M | 436,694 | 0.5% | 7 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $39.8M | 223,141 | 0.5% | 31 |
| UNITED THERAPEUTICS CORP DEL | [UTHR](https://holderbook.com/stocks/UTHR/) | $38.9M | 71,878 | 0.5% | 5 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $38.5M | 902,984 | 0.5% | 25 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $37.2M | 109,064 | 0.5% | 25 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $36.9M | 97,647 | 0.5% | 26 |
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $36.6M | 225,718 | 0.5% | 31 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $36.0M | 122,766 | 0.5% | 31 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $35.8M | 474,907 | 0.5% | 30 |
| TEXAS PACIFIC LAND CORPORATI | [TPL](https://holderbook.com/stocks/TPL/) | $35.5M | 81,123 | 0.5% | 22 |
| NATIONAL FUEL GAS CO | [NFG](https://holderbook.com/stocks/NFG/) | $34.6M | 447,498 | 0.5% | 5 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $34.5M | 82,887 | 0.5% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $34.3M | 245,841 | 0.5% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $34.2M | 180,201 | 0.5% | 25 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $34.0M | 45,571 | 0.4% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $33.7M | 286,862 | 0.4% | 31 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $32.7M | 1,364,096 | 0.4% | 31 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $32.1M | 134,723 | 0.4% | 31 |
| VISHAY INTERTECHNOLOGY INC | [VSH](https://holderbook.com/stocks/VSH/) | $31.6M | 588,099 | 0.4% | 5 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $31.6M | 190,393 | 0.4% | 31 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $31.5M | 179,012 | 0.4% | 23 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $31.2M | 301,191 | 0.4% | 31 |
| AERCAP HOLDINGS NV | [AER](https://holderbook.com/stocks/AER/) | $30.8M | 210,985 | 0.4% | 25 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $30.7M | 259,516 | 0.4% | 18 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $30.6M | 140,289 | 0.4% | 31 |
| BAXTER INTL INC | [BAX](https://holderbook.com/stocks/BAX/) | $30.6M | 1,435,460 | 0.4% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $30.6M | 59,296 | 0.4% | 31 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $30.5M | 310,631 | 0.4% | 31 |
| KENVUE INC | [KVUE](https://holderbook.com/stocks/KVUE/) | $30.3M | 1,585,655 | 0.4% | 4 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $30.2M | 74,136 | 0.4% | 31 |
| STANLEY BLACK & DECKER INC | [SWK](https://holderbook.com/stocks/SWK/) | $29.8M | 316,811 | 0.4% | 5 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $29.6M | 24,659 | 0.4% | 31 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $29.4M | 123,570 | 0.4% | 31 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $27.9M | 407,908 | 0.4% | 31 |
| HUMANA INC | [HUM](https://holderbook.com/stocks/HUM/) | $26.4M | 66,567 | 0.3% | 5 |
| AEROVIRONMENT INC | [AVAV](https://holderbook.com/stocks/AVAV/) | $25.8M | 156,387 | 0.3% | 6 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $25.7M | 754,424 | 0.3% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $25.4M | 446,549 | 0.3% | 31 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $24.9M | 111,734 | 0.3% | 19 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $24.1M | 109,114 | 0.3% | 1 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $23.9M | 329,692 | 0.3% | 31 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $23.9M | 48,275 | 0.3% | 31 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $23.6M | 1,141,686 | 0.3% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $23.3M | 326,320 | 0.3% | 31 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $23.1M | 187,466 | 0.3% | 31 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $23.1M | 55,517 | 0.3% | 4 |
| QUEST DIAGNOSTICS INC | [DGX](https://holderbook.com/stocks/DGX/) | $22.7M | 106,964 | 0.3% | 31 |
| EQUITABLE HLDGS INC | [EQH](https://holderbook.com/stocks/EQH/) | $22.5M | 512,957 | 0.3% | 5 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $22.1M | 60,088 | 0.3% | 31 |
| CACI INTL INC | [CACI](https://holderbook.com/stocks/CACI/) | $21.6M | 46,580 | 0.3% | 6 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +13.5% | +14.8% | -1.3% | 100% |
| Q1 2026 | +0.0% | -4.6% | +4.7% | 100% |
| Q4 2025 | +3.9% | +2.4% | +1.5% | 100% |
| Q3 2025 | +8.1% | +7.8% | +0.3% | 100% |
| Q2 2025 | +8.4% | +10.5% | -2.1% | 100% |
| Q1 2025 | -3.2% | -4.6% | +1.3% | 100% |
| Q4 2024 | +0.4% | +2.1% | -1.8% | 100% |
| Q3 2024 | +5.3% | +5.4% | -0.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $7.6B | 550 |
| Q1 2026 | $6.7B | 540 |
| Q4 2025 | $6.9B | 573 |
| Q3 2025 | $6.9B | 542 |
| Q2 2025 | $6.6B | 529 |
| Q1 2025 | $6.1B | 510 |
| Q4 2024 | $6.4B | 535 |
| Q3 2024 | $6.4B | 526 |
| Q2 2024 | $6.1B | 525 |
| Q1 2024 | $6.1B | 534 |
| Q4 2023 | $5.5B | 516 |
| Q3 2023 | $5.3B | 511 |