$34.5 Billion Fund’s Heaviest Q3 Tech Holdings

Wall St. Watchdog reveals information regarding Van Eck Associates’ top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 23 stocks in the Technology sector at the end of the quarter with an aggregate market value of $166.609 million.

  • Vimpel-communications (NYSE:VIP): On 06/30/2011 reported holding 14,420,038 shares with a market value of $183,999,688. This comprised 0.47% of the total portfolio. On 09/30/2011 reported holding 5,640,440 shares with a market value of $53,753,392. This comprised 0.29% of the total portfolio. The net change in shares for this position over the two quarters is -8,779,598. About Company: VimpelCom Ltd. provides telecom services. The Company offers wireless, mobile voice, fixed line, data, and internet services. VimpleCom operates in Russia, Kazakhstan, Ukraine, Uzbekistan, Armenia, Tajikistan, Georgia, Vietnam and Cambodia.
  • Mobile Telesystems Ojsc (NYSE:MBT): On 06/30/2011 reported holding 9,148,270 shares with a market value of $174,000,100. This comprised 0.45% of the total portfolio. On 09/30/2011 reported holding 3,579,256 shares with a market value of $44,024,849. This comprised 0.24% of the total portfolio. The net change in shares for this position over the two quarters is -5,569,014. About Company: Mobile TeleSystems provides mobile telephone services in Russia and the former Soviet Union. The Company uses the GSM 900/1800 standard, operating throughout Russia and throughout Belarus, Ukraine, and Uzbekistan.
  • Perusahaan Perseroan (persero) Pt Telekomunikasi Indonesia Tbk. (NYSE:TLK): On 06/30/2011 reported holding 2,379,890 shares with a market value of $82,106,205. This comprised 0.21% of the total portfolio. On 09/30/2011 reported holding 1,052,565 shares with a market value of $34,808,324. This comprised 0.19% of the total portfolio. The net change in shares for this position over the two quarters is -1,327,325. About Company: PT Telekomunikasi Indonesia Tbk is a telecommunication company that provides a variety of domestic telecommunications services such as telephone, telex, telegram, satellite, and leased lines services. The Company also offers electronic mail, mobile communication, and cellular phone services.
  • First Solar Inc. (NASDAQ:FSLR): On 06/30/2011 reported holding 268,684 shares with a market value of $35,538,834. This comprised 0.09% of the total portfolio. On 09/30/2011 reported holding 115,012 shares with a market value of $7,269,908. This comprised 0.04% of the total portfolio. The net change in shares for this position over the two quarters is -153,672. About Company: First Solar, Inc. designs and manufactures solar modules. The Company uses a thin film semiconductor technology to manufacture electricity-producing solar modules.
  • Cree Inc. (NASDAQ:CREE): On 06/30/2011 reported holding 434,288 shares with a market value of $14,587,734. This comprised 0.04% of the total portfolio. On 09/30/2011 reported holding 184,600 shares with a market value of $4,795,908. This comprised 0.03% of the total portfolio. The net change in shares for this position over the two quarters is -249,688. About Company: Cree, Inc. develops and manufactures semiconductor materials and electronic devices made from silicon carbide (SiC). The Company uses proprietary technology to make enabling compound semiconductors such as blue and green light emitting diodes, SiC crystals used in the production of unique gemstones, and SiC wafers that are sold for device production and research.
  • International Game Technology (NYSE:IGT): On 06/30/2011 reported holding 689,494 shares with a market value of $12,121,304. This comprised 0.03% of the total portfolio. On 09/30/2011 reported holding 305,678 shares with a market value of $4,441,501. This comprised 0.02% of the total portfolio. The net change in shares for this position over the two quarters is -383,816. About Company: International Game Technology designs and manufactures computerized casino gaming systems. The Company also develops and manufactures systems that monitor slot machine play and track player activity, as well as wide area progressive systems. International Game sells its products around the world.
  • Memc Electronic Materials Inc. (NYSE:WFR): On 06/30/2011 reported holding 1,631,152 shares with a market value of $13,913,726. This comprised 0.04% of the total portfolio. On 09/30/2011 reported holding 698,814 shares with a market value of $3,661,785. This comprised 0.02% of the total portfolio. The net change in shares for this position over the two quarters is -932,338. About Company: MEMC Electronic Materials, Inc. produces silicon wafers. The Company’s products are used in computers, telecommunications equipment, automobiles, consumer electronics products, industrial automation and control systems, and analytical and defense systems. MEMC operates manufacturing facilities in Italy, Japan, Malaysia, South Korea, Taiwan, and the United States.
  • International Rectifier Corporation (NYSE:IRF): On 06/30/2011 reported holding 315,838 shares with a market value of $8,833,989. This comprised 0.02% of the total portfolio. On 09/30/2011 reported holding 136,642 shares with a market value of $2,544,274. This comprised 0.01% of the total portfolio. The net change in shares for this position over the two quarters is -179,196. About Company: International Rectifier Corporation designs, manufactures, and markets power semiconductors, including a metal oxide semiconductor field effect transistor called a MOSFET. The Company’s products include power integrated circuits and advanced circuit devices, power systems, and power components. International Rectifier’s products are sold worldwide.
  • Itron Inc. (NASDAQ:ITRI): On 06/30/2011 reported holding 191,728 shares with a market value of $9,233,620. This comprised 0.02% of the total portfolio. On 09/30/2011 reported holding 84,248 shares with a market value of $2,485,316. This comprised 0.01% of the total portfolio. The net change in shares for this position over the two quarters is -107,480. About Company: Itron, Inc. provides solutions for collecting, communicating, and analyzing electric, gas, and water usage data. The Company sells its products to the utility industry. Itron designs, manufactures, markets, sells, installs, and services hardware, software, and integrated systems for handheld computer-based electronic meter reading and automatic meter reading systems.
  • Veeco Instruments Inc. (NASDAQ:VECO): On 06/30/2011 reported holding 180,424 shares with a market value of $8,734,326. This comprised 0.02% of the total portfolio. On 09/30/2011 reported holding 81,955 shares with a market value of $1,999,702. This comprised 0.01% of the total portfolio. The net change in shares for this position over the two quarters is -98,469. About Company: Veeco Instruments Inc. manufactures enabling solutions for customers in the HB-LED, solar, data storage, semiconductor, scientific research and industrial markets. The Company has technology positions in three businesses: LED & Solar Process Equipment, Data Storage Process Equipment, and Metrology Instruments.

(Note: Data regarding Van Eck Associates’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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