VAN ECK ASSOCIATES CORP

Diversified mechanical Mechanical CIK 869178
League rank
#20
in Diversified mechanical · #1074 overall
Long book
$133.21B
Q1 2026
Positions
1404
Top-10 weight
32%
concentration
Last quarter
+16.7%
SPY +14.8%
Turnover
9%
of book per quarter

Strategy in plain words

auto-generated from filings

VAN ECK ASSOCIATES CORP is a mechanically diversified allocator, running a $133.21B US long book across 1404 positions.

The portfolio is moderately concentrated (top 10 ≈ 32% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, TAIWAN SEMICONDUCTOR-SP ADR, BROADCOM INC, AGNICO EAGLE MINES LTD, NEWMONT CORP.

Over the last 9 quarters its long book ran on average 3.6pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+5.7%
Q2 2024
+4.6%
Q3 2024
-3.6%
Q4 2024
+0.3%
Q1 2025
+16.6%
Q2 2025
+20.1%
Q3 2025
+7.8%
Q4 2025
+4.6%
Q1 2026
+16.7%

Sector allocation

Technology
37%
Materials
29%
Industrials
10%
Other
5%
Healthcare
4%
Financials
3%
Energy
3%
Consumer staples
3%

Long book by quarter

$66.16B
Q1 2024
$70.38B
Q2 2024
$80.08B
Q3 2024
$78.10B
Q4 2024
$77.36B
Q1 2025
$88.35B
Q2 2025
$107.64B
Q3 2025
$121.00B
Q4 2025
$133.21B
Q1 2026

What does VAN ECK own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology56.3M$9.82B7.4%+11.7%
AVGO BROADCOM INCTechnology14.1M$4.35B3.3%+19.7%
AEM AGNICO EAGLE MINES LTDMaterials21.2M$4.31B3.2%+23.2%
NEM NEWMONT CORPMaterials36.0M$3.90B2.9%+20.9%
KGC KINROSS GOLD CORPMaterials105.2M$3.21B2.4%+3.3%
B BARRICK MINING CORPMaterials66.9M$2.73B2.0%+20.7%
ASML ASML HOLDING NV-NY REG SHSIndustrials1.9M$2.47B1.9%-7.5%
AMD ADVANCED MICRO DEVICESTechnology12.1M$2.46B1.8%+8.8%
TXN TEXAS INSTRUMENTS INCTechnology12.0M$2.32B1.7%+3.1%
AMAT APPLIED MATERIALS INCTechnology6.6M$2.27B1.7%-15.4%
KLAC KLA CORPOther1.5M$2.20B1.7%-3.9%
MU MICRON TECHNOLOGY INCTechnology6.4M$2.17B1.6%-16.7%
ADI ANALOG DEVICES INCTechnology6.8M$2.15B1.6%+4.5%
INTC INTEL CORPTechnology46.8M$2.07B1.6%-2.6%
WPM WHEATON PRECIOUS METALS CORPMaterials14.3M$1.88B1.4%-1.0%
FNV FRANCO-NEVADA CORPMaterials7.6M$1.87B1.4%+1.5%
AU ANGLOGOLD ASHANTI PLCMaterials18.7M$1.82B1.4%-0.3%
QCOM QUALCOMM INCTechnology14.0M$1.81B1.4%+35.5%
AGI ALAMOS GOLD INC-CLASS AMaterials37.2M$1.65B1.2%-8.7%
CDE COEUR MINING INCMaterials81.0M$1.52B1.1%+31.7%
EQX EQUINOX GOLD CORPMaterials85.1M$1.23B0.9%+0.9%
PAAS PAN AMERICAN SILVER CORPMaterials21.5M$1.18B0.9%-45.6%
RTX RTX CORPIndustrials6.0M$1.15B0.9%+5.9%
SNPS SYNOPSYS INCTechnology2.9M$1.14B0.9%+11.3%
CDNS CADENCE DESIGN SYS INCTechnology4.0M$1.12B0.8%+13.6%
MRVL MARVELL TECHNOLOGY INCTechnology10.7M$1.06B0.8%+8.9%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology5.9M$866.3M0.7%+47.5%
NXPI NXP SEMICONDUCTORS NVTechnology4.4M$861.9M0.6%+2.9%
AG FIRST MAJESTIC SILVER CORPMaterials38.0M$816.5M0.6%-5.3%
RGLD ROYAL GOLD INCFinancials3.2M$815.4M0.6%-45.7%
CCJ CAMECO CORPMaterials6.9M$754.2M0.6%+10.4%
TER TERADYNE INCTechnology2.5M$736.5M0.6%+9.0%
IAG IAMGOLD CORPMaterials37.1M$698.7M0.5%-18.3%
PEP PEPSICO INCConsumer staples4.4M$682.3M0.5%+9.4%
XOM EXXON MOBIL CORPEnergy4.0M$674.8M0.5%+29.9%
BMY BRISTOL-MYERS SQUIBB COHealthcare10.3M$622.1M0.5%-2.8%
HL HECLA MINING COMaterials33.1M$617.0M0.5%-10.6%
FTNT FORTINET INCTechnology7.5M$611.5M0.5%-3.2%
MPWR MONOLITHIC POWER SYSTEMS INCTechnology524.6K$573.5M0.4%+4.4%
SLB SLB LTDEnergy10.7M$547.8M0.4%+40.0%
ESLT ELBIT SYSTEMS LTDIndustrials621.7K$527.9M0.4%+1.1%
MSFT MICROSOFT CORPTechnology1.4M$510.7M0.4%+7.8%
CHRW C.H. ROBINSON WORLDWIDE INCIndustrials3.0M$502.4M0.4%0.0%
ZTS ZOETIS INCHealthcare3.9M$466.8M0.4%+65.4%
TYL TYLER TECHNOLOGIES INCTechnology1.4M$466.0M0.3%+11.8%
LRCX LAM RESEARCH CORPIndustrials2.2M$462.9M0.3%-20.3%
EGO ELDORADO GOLD CORPMaterials13.4M$461.3M0.3%-6.5%
PFE PFIZER INCHealthcare16.3M$457.7M0.3%+22.2%
MCHP MICROCHIP TECHNOLOGY INCTechnology7.0M$449.2M0.3%+12.8%
CW CURTISS-WRIGHT CORPIndustrials654.6K$445.8M0.3%-5.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20261944$133.21B $K fixed canonicalSEC ↗
Q4 202513F-HRFeb 13, 20261933$121.00B $K fixed canonicalSEC ↗
Q3 202513F-HRNov 13, 20251956$107.64B $K fixed canonicalSEC ↗
Q2 202513F-HRAug 14, 20251879$88.35B $K fixed canonicalSEC ↗
Q1 202513F-HRMay 15, 20251861$77.36B $K fixed canonicalSEC ↗
Q4 202413F-HRJan 29, 20251856$78.10B $K fixed canonicalSEC ↗
Q3 202413F-HROct 29, 20241822$80.08B $K fixed canonicalSEC ↗
Q2 202413F-HRJul 31, 20241815$70.38B $K fixed canonicalSEC ↗
Q1 202413F-HRApr 30, 20241852$54.96B $K fixed canonicalSEC ↗