A $34.5 Billion Fund Owns These 10 Stocks the Most in Latest 13F

Wall St. Watchdog reveals information regarding Van Eck Associates’ top holdings for the quarter ending September 30th, 2011. The firm held 282 stocks at the end of the quarter with an aggregate market value of $18.312 billion.

  • Barrick Gold Corporation (NYSE:ABX): On 06/30/2011 reported holding 46,689,384 shares with a market value of $2,114,562,244. This comprised 5.42% of the total portfolio. On 09/30/2011 reported holding 31,671,310 shares with a market value of $1,477,466,660. This comprised 8.07% of the total portfolio. The net change in shares for this position over the two quarters is -15,018,074. 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.
  • Goldcorp Inc. (NYSE:GG): On 06/30/2011 reported holding 48,627,768 shares with a market value of $2,347,262,384. This comprised 6.02% of the total portfolio. On 09/30/2011 reported holding 30,941,070 shares with a market value of $1,412,150,416. This comprised 7.71% of the total portfolio. The net change in shares for this position over the two quarters is -17,686,698. About Company: Goldcorp, Inc. is a North American gold producer. The Company has gold mining operations in the United States, Canada, Mexico, Brazil, Argentina, and Australia. Goldcorp owns the Red Lake mine in Ontario.
  • Newmont Mining Corp. (NYSE:NEM): On 06/30/2011 reported holding 35,255,416 shares with a market value of $1,902,734,845. This comprised 4.88% of the total portfolio. On 09/30/2011 reported holding 21,505,147 shares with a market value of $1,353,749,020. This comprised 7.39% of the total portfolio. The net change in shares for this position over the two quarters is -13,750,269. About Company: Newmont Mining Corporation acquires, explores, and develops mineral properties. The Company produces gold from operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico. Newmont also mines and processes copper in Indonesia.
  • Kinross Gold Corporation (NYSE:KGC): On 06/30/2011 reported holding 65,525,812 shares with a market value of $1,035,307,842. This comprised 2.65% of the total portfolio. On 09/30/2011 reported holding 46,776,584 shares with a market value of $691,357,899. This comprised 3.78% of the total portfolio. The net change in shares for this position over the two quarters is -18,749,228. About Company: Kinross Gold Corporation is involved in the exploration, development, and production of gold in countries located around the world. The Company currently has operations in the United States, Brazil, Chile, Ecuador and Russia.
  • Agnico-eagle Mines Ltd. (NYSE:AEM): On 06/30/2011 reported holding 16,673,098 shares with a market value of $1,052,572,695. This comprised 2.7% of the total portfolio. On 09/30/2011 reported holding 10,189,588 shares with a market value of $606,484,282. This comprised 3.31% of the total portfolio. The net change in shares for this position over the two quarters is -6,483,510. About Company: Agnico-Eagle Mines Limited is a gold producer with operations primarily in Quebec, Canada. The Company also conducts exploration and development activities in Ontario, Canada, and Nevada in the United States. Agnico-Eagle’s gold production is primarily from underground mining operations.
  • Randgold Resources Ltd. (NASDAQ:GOLD): On 06/30/2011 reported holding 11,271,166 shares with a market value of $947,341,537. This comprised 2.43% of the total portfolio. On 09/30/2011 reported holding 6,245,003 shares with a market value of $604,016,698. This comprised 3.3% of the total portfolio. The net change in shares for this position over the two quarters is -5,026,163. About Company: Randgold Resources Limited is a gold mining and exploration company. The Company conducts gold mining operations in regions throughout the gold regions of Africa.
  • Iamgold Corp. (NYSE:IAG): On 06/30/2011 reported holding 53,790,354 shares with a market value of $1,009,107,053. This comprised 2.59% of the total portfolio. On 09/30/2011 reported holding 30,389,045 shares with a market value of $601,095,331. This comprised 3.28% of the total portfolio. The net change in shares for this position over the two quarters is -23,401,309. About Company: IAMGOLD Corporation is a mid-tier gold mining company. The Company is focused in West Africa, the Guiana Shield of South America and in Quebec where it has a pipeline of development and exploration projects.
  • Anglogold Ashanti Ltd. (NYSE:AU): On 06/30/2011 reported holding 20,747,108 shares with a market value of $873,245,779. This comprised 2.24% of the total portfolio. On 09/30/2011 reported holding 13,491,820 shares with a market value of $558,021,683. This comprised 3.05% of the total portfolio. The net change in shares for this position over the two quarters is -7,255,288. About Company: AngloGold Ashanti Limited is a holding company for a group of companies which explore for and mine gold internationally. The Group has operations in the Vaal River and West Witwatersrand areas of South Africa as well as Namibia, Mali, Brazil, Argentina, Australia, Tanzania and the United States.
  • Yamana Gold Inc. (NYSE:AUY): On 06/30/2011 reported holding 54,627,192 shares with a market value of $635,314,249. This comprised 1.63% of the total portfolio. On 09/30/2011 reported holding 34,141,915 shares with a market value of $466,378,554. This comprised 2.55% of the total portfolio. The net change in shares for this position over the two quarters is -20,485,277. About Company: Yamana Gold Inc. is an intermediate gold producer with production, development stage, and exploration properties throughout Brazil. The Company also holds gold exploration properties in Argentina.
  • Potash Corp. Of Saskatchewan Inc. (NYSE:POT): On 06/30/2011 reported holding 22,224,888 shares with a market value of $1,266,596,404. This comprised 3.25% of the total portfolio. On 09/30/2011 reported holding 10,403,749 shares with a market value of $449,650,044. This comprised 2.46% of the total portfolio. The net change in shares for this position over the two quarters is -11,821,139. About Company: Potash Corporation of Saskatchewan Inc. produces potash, phosphate, and nitrogen to the agricultural and industrial industries worldwide. The Company conducts operations in Canada, Chile, the United States, Brazil, and Trinidad.

(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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