Top Asset Manager’s $798 Million Investing in These Stocks in Q3

Wall St. Watchdog reveals information regarding Sprott Asset Management’s top holdings for the quarter ending September 30th, 2011. The firm held 86 stocks at the end of the quarter with an aggregate market value of $798.488 million.

  • Sprott Physical Gold Trust Etv (NYSE:PHYS): On 06/30/2011, Sprott Asset Management reported holding 11,190,139 shares with a market value of $146,031,316. This comprised 19.15% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 7,567,139 shares with a market value of $106,166,958. This comprised 13.3% of the total portfolio. The net change in shares for this position over the two quarters is -3,623,000. About Company: Sprott Physical Gold Trust is a closed-end mutual fund trust. The Trust was created to invest and hold substantially all of its assets in physical gold bullion. Sprott intends to invest primarily in long-term holdings of unencumbered, fully allocated, physical gold bullion and does not does not anticipate making regular cash distributions to unitholders.
  • First Majestic Silver Corp. (NYSE:AG): On 06/30/2011, Sprott Asset Management reported holding 3,447,900 shares with a market value of $63,579,278. This comprised 8.34% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 4,690,800 shares with a market value of $71,347,068. This comprised 8.94% of the total portfolio. The net change in shares for this position over the two quarters is 1,242,900. About Company: First Majestic Silver Corp. is a silver producing mining company. The Company’s presently owns and operates producing silver mines in Mexico; the La Parrilla Silver Mine, the San Martin Silver Mine and the La Encantada Silver Mine.
  • Alexco Resource Corporation (AMEX:AXU): On 06/30/2011, Sprott Asset Management reported holding 7,768,550 shares with a market value of $56,011,246. This comprised 7.35% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 7,546,050 shares with a market value of $51,162,221. This comprised 6.41% of the total portfolio. The net change in shares for this position over the two quarters is -222,500. About Company: Alexco Resource Corporation is a mineral exploration and production company. The Company mines for minerals that include gold and silver.
  • Wi-lan Inc (WILN): On 06/30/2011, Sprott Asset Management reported holding 7,565,067 shares with a market value of $0. This comprised 0% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 7,674,800 shares with a market value of $44,283,596. This comprised 5.55% of the total portfolio. The net change in shares for this position over the two quarters is 109,733.
  • Barrick Gold Corporation (NYSE:ABX): On 06/30/2011, Sprott Asset Management reported holding 940,000 shares with a market value of $42,572,601. This comprised 5.58% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 860,000 shares with a market value of $40,119,001. This comprised 5.02% of the total portfolio. The net change in shares for this position over the two quarters is -80,000. About Company: Barrick Gold Corporation is an international gold company with operating mines and development projects in the United States, Canada, South America, Australia, and Africa.
  • Market Vectors Gold Miners Etf (AMEX:GDX): On 06/30/2011, Sprott Asset Management reported holding 39,000 shares with a market value of $2,129,010. This comprised 0.28% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 703,200 shares with a market value of $38,809,607. This comprised 4.86% of the total portfolio. The net change in shares for this position over the two quarters is 664,200. About Company: Market Vectors Gold Miners ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield of the Amex Gold Miners Index.
  • Ishares Silver Trust (AMEX:SLV): On 06/30/2011, Sprott Asset Management reported holding 952,800 shares with a market value of $32,242,752. This comprised 4.23% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 1,195,600 shares with a market value of $34,564,796. This comprised 4.33% of the total portfolio. The net change in shares for this position over the two quarters is 242,800. About Company: iShares Silver Trust is a trust formed to invest in silver. The assets of the trust consist primarily of silver held by the custodian on behalf of the trust. The objective of the trust is for the shares to reflect the price of silver owned by the trust, less the trust’s expenses and liabilities.
  • Allied Nevada Gold Corp. (AMEX:ANV): On 06/30/2011, Sprott Asset Management reported holding 111,000 shares with a market value of $3,926,070. This comprised 0.51% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 962,900 shares with a market value of $34,481,450. This comprised 4.32% of the total portfolio. The net change in shares for this position over the two quarters is 851,900. About Company: Allied Nevada Gold Corporation evaluates, acquires, explores, and advances gold exploration and potential development projects. The Company’s holdings include projects in Nevada, California, Idaho and Colorado in the United States, as well as Bolivia, Mexico, Indonesia and Australia.
  • Silver Wheaton Corp. (NYSE:SLW): On 06/30/2011, Sprott Asset Management reported holding 1,039,500 shares with a market value of $34,303,500. This comprised 4.5% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 1,044,800 shares with a market value of $30,769,361. This comprised 3.85% of the total portfolio. The net change in shares for this position over the two quarters is 5,300. About Company: Silver Wheaton Corporation purchases and sells by-product silver from operating mines. The Company has long term contracts to purchase all or a portion of the silver production from mines in Mexico, Sweden, Peru, Greece and the United States.
  • Coeur D`alene Mines Corporation (NYSE:CDE): On 06/30/2011, Sprott Asset Management reported holding 65,500 shares with a market value of $1,589,030. This comprised 0.21% of the total portfolio. On 09/30/2011, Sprott Asset Management reported holding 1,359,200 shares with a market value of $29,141,249. This comprised 3.65% of the total portfolio. The net change in shares for this position over the two quarters is 1,293,700. About Company: Coeur d’Alene Mines Corporation, through its subsidiaries, explores, develops, operates, and/or owns silver and gold mining properties and companies. The Company’s properties are located primarily in the United States, Australia, and South America.

(Note: Data regarding Sprott Asset Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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