U.S. Markets close in 3 hrs 56 mins
  • S&P 500

    3,306.35
    -84.33 (-2.49%)
     
  • Dow 30

    26,782.85
    -680.34 (-2.48%)
     
  • Nasdaq

    11,110.27
    -321.08 (-2.81%)
     
  • Russell 2000

    1,554.07
    -36.42 (-2.29%)
     
  • Crude Oil

    37.47
    -2.10 (-5.31%)
     
  • Gold

    1,882.30
    -29.60 (-1.55%)
     
  • Silver

    23.48
    -1.09 (-4.46%)
     
  • EUR/USD

    1.1754
    -0.0036 (-0.3056%)
     
  • 10-Yr Bond

    0.7730
    -0.0050 (-0.64%)
     
  • Vix

    38.37
    +5.02 (+15.05%)
     
  • GBP/USD

    1.2994
    -0.0047 (-0.3612%)
     
  • USD/JPY

    104.3250
    -0.1690 (-0.1617%)
     
  • BTC-USD

    13,217.40
    -492.61 (-3.59%)
     
  • CMC Crypto 200

    261.42
    -11.27 (-4.13%)
     
  • FTSE 100

    5,569.25
    -159.74 (-2.79%)
     
  • Nikkei 225

    23,418.51
    -75.79 (-0.32%)
     

Merk Investments LLC Buys ISHARES INC, Sells Newmont Corp, Kirkland Lake Gold

GuruFocus.com
·2 mins read

Investment company Merk Investments LLC (Current Portfolio) buys ISHARES INC, sells Newmont Corp, Kirkland Lake Gold during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Merk Investments LLC. As of 2020Q2, Merk Investments LLC owns 16 stocks with a total value of $131 million. These are the details of the buys and sells.

  • New Purchases: EWY,

  • Reduced Positions: BTG, KL, GOLD, AGI,

  • Sold Out: NEM,


For the details of Merk Investments LLC's stock buys and sells,
go to https://www.gurufocus.com/guru/merk+investments+llc/current-portfolio/portfolio

These are the top 5 holdings of Merk Investments LLC

  1. Agnico Eagle Mines Ltd (AEM) - 400,000 shares, 19.58% of the total portfolio.

  2. Barrick Gold Corp (GOLD) - 850,000 shares, 17.42% of the total portfolio. Shares reduced by 5.56%

  3. Alamos Gold Inc (AGI) - 1,600,000 shares, 11.47% of the total portfolio. Shares reduced by 8.57%

  4. B2Gold Corp (BTG) - 2,500,000 shares, 10.87% of the total portfolio. Shares reduced by 16.67%

  5. SSR Mining Inc (SSRM) - 600,000 shares, 9.74% of the total portfolio.

New Purchase: ISHARES INC (EWY)

Merk Investments LLC initiated holding in ISHARES INC. The purchase prices were between $43.69 and $60.23, with an estimated average price of $52.68. The stock is now traded at around $65.86. The impact to a portfolio due to this purchase was 0.2%. The holding were 4,500 shares as of .

Sold Out: Newmont Corp (NEM)

Merk Investments LLC sold out a holding in Newmont Corp. The sale prices were between $45.28 and $67.9, with an estimated average price of $59.01.



Here is the complete portfolio of Merk Investments LLC. Also check out:

1. Merk Investments LLC's Undervalued Stocks

2. Merk Investments LLC's Top Growth Companies, and

3. Merk Investments LLC's High Yield stocks

4. Stocks that Merk Investments LLC keeps buyingThis article first appeared on GuruFocus.