Q2 2026 13F · SEC CIK 883961

Tocqueville Asset Management L.P.

Asset managerFiled 2026-08-10 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $7.6B
Reported positions: 550
Top holdings a year, 3 yrs: +22.1%
Average holding period: 9.9 yrs

Tocqueville Asset Management L.P. is an asset manager that reported 550 positions worth $7.6B in its Q2 2026 13F, filed 2026-08-10. Its largest holdings were Home Depot Inc Com (HD, 3.9%), Nvidia Corporation Com (NVDA, 3.1%), Applied Matls Inc (AMAT, 2.9%). A portfolio copying its top holdings returned 22.1% a year over the last 3 years, against 20.4% for the S&P 500.

Tocqueville Asset Management L.P. holdings largest 50 of 550 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Tocqueville Asset Management L.P. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
HDHome Depot Inc Com	3.9%	4.1%	846,430	-0.2%	$298.5M
NVDANvidia Corporation Com	3.1%	3.0%	1,161,568	-0.9%	$232.4M
AMATApplied Matls Inc	2.9%	1.7%	302,050	-10.1%	$218.4M
GOOGLAlphabet Inc	2.7%	2.5%	574,912	-1.5%	$205.5M
GOOGAlphabet Inc	2.5%	2.4%	534,147	-3.8%	$188.7M
MSFTMicrosoft Corp	2.2%	2.6%	454,510	-3.4%	$169.5M
AAPLApple Inc	2.2%	2.2%	583,722	-1.6%	$168.9M
AMZNAmazon Com Inc Com	2.1%	2.0%	668,849	+2.1%	$159.4M
IAUIshares Gold Trust	1.5%	2.1%	1,551,830	-5.1%	$117.2M
MUMicron Technology Inc	1.4%	0.7%	92,226	-36.3%	$106.5M
NEENextera Energy Inc Com	1.3%	1.6%	1,132,735	-2.6%	$99.4M
BRK-BBerkshire Hathaway Inc Del	1.3%	1.4%	197,261	-1.0%	$98.7M
VRTVertiv Holdings Co	1.3%	1.1%	291,126	-0.1%	$97.5M
RKLBRocket Lab Corp Com	1.1%	0.9%	837,725	-10.2%	$85.2M
ABBVAbbvie Inc	1.1%	1.1%	336,097	-0.4%	$84.6M
CATCaterpillar Inc Com	1.1%	0.8%	79,281	-0.4%	$84.4M
GPCGenuine Parts Co Com	1.1%	1.2%	692,724	-10.6%	$81.7M
IFFInternational Flavors&fragra	1.1%	1.1%	1,015,185	+3.6%	$80.4M
QCOMQualcomm Inc	1.1%	1.1%	434,642	-21.9%	$80.3M
CCJCameco Corp Com	1.1%	1.3%	781,617	-0.9%	$79.6M
JPMJpmorgan Chase & Co	1.0%	1.1%	240,659	-4.3%	$78.8M
MRVLMarvell Technology Inc	1.0%	—	259,159	—	$77.2M
RSGRepublic Svcs Inc	1.0%	1.1%	360,473	+2.1%	$76.8M
PANWPalo Alto Networks Inc	0.9%	0.6%	208,149	-11.4%	$71.0M
FCXFreeport Mcmoran Inc Cl B	0.9%	0.9%	1,123,716	+5.4%	$70.7M
DEDeere & Co Com	0.9%	0.9%	104,941	-0.5%	$66.6M
NEMNewmont Corp	0.9%	1.1%	703,903	+0.0%	$65.7M
JNJJohnson & Johnson	0.9%	1.0%	258,233	-5.5%	$65.6M
FDXFedex Corp	0.8%	1.1%	200,746	-0.5%	$62.9M
METAMeta Platforms Inc Class A	0.8%	0.6%	104,921	+41.1%	$59.1M
MRKMerck & Co. Inc	0.8%	0.8%	447,832	+0.3%	$57.5M
PHParker-Hannifin Corp	0.7%	0.7%	54,857	+0.0%	$53.7M
IBMInternational Business Machs	0.7%	—	188,776	—	$53.1M
CCitigroup Inc Com New	0.7%	0.6%	363,622	-0.7%	$50.9M
WPMWheaton Precious Metals	0.7%	0.9%	440,382	-1.7%	$49.5M
SBUXStarbucks Corp Com	0.6%	0.6%	465,482	-0.7%	$47.6M
CLColgate Palmolive Co	0.6%	0.7%	518,035	-3.9%	$47.5M
UBERUber Technologies Inc	0.6%	0.6%	643,928	+19.3%	$46.5M
DISDisney Walt Co	0.6%	0.7%	473,112	-0.9%	$45.5M
GEHCGe Healthcare Technologies I	0.6%	—	704,344	—	$45.1M
GLWCorning Inc.	0.6%	—	172,269	—	$44.0M
GSGoldman Sachs Group Inc	0.6%	0.6%	43,324	-5.4%	$43.8M
ABTAbbott Laboratories	0.6%	—	478,373	—	$43.4M
XLKState Street Technology Select Sector Sp	0.6%	—	223,519	—	$42.6M
EMREmerson Elec Co Com	0.6%	0.6%	292,469	-1.6%	$41.9M
TMOThermo Fisher Scientific Inc	0.5%	0.6%	82,830	-2.8%	$41.5M
PGProcter & Gamble Co Com	0.5%	0.7%	277,538	-12.0%	$40.7M
XLEState Street Energy Select Sector Spdr E	0.5%	0.7%	762,726	-1.4%	$40.5M
WMTWalmart Inc	0.5%	0.7%	354,932	-0.6%	$40.2M
TSNTyson Foods Inc	0.5%	—	698,623	—	$40.0M

What Tocqueville Asset Management L.P. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +28.9% /yr; S&P 500 +20.1%
3 years: +22.1% /yr; S&P 500 +20.4%
5 years: +12.0% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$7.6B	550
Q1 2026	$6.7B	540
Q4 2025	$6.9B	573
Q3 2025	$6.9B	542
Q2 2025	$6.6B	529
Q1 2025	$6.1B	510
Q4 2024	$6.4B	535
Q3 2024	$6.4B	526
Q2 2024	$6.1B	525
Q1 2024	$6.1B	534
Q4 2023	$5.5B	516
Q3 2023	$5.3B	511

Questions about Tocqueville Asset Management L.P.'s portfolio

What stocks does Tocqueville Asset Management L.P. own?

Tocqueville Asset Management L.P.'s latest 13F, for Q2 2026 and filed Aug 10, 2026, lists 550 positions worth $7.6B. The largest are Home Depot Inc Com (HD) at 3.9%, Nvidia Corporation Com (NVDA) at 3.1%, Applied Matls Inc (AMAT) at 2.9%, Alphabet Inc (GOOGL) at 2.7% and Alphabet Inc (GOOG) at 2.5%.

What did Tocqueville Asset Management L.P. buy last quarter?

In Q2 2026, Tocqueville Asset Management L.P. added Meta Platforms Inc Class A (META) (+41.1% shares), Uber Technologies Inc (UBER) (+19.3% shares) and Freeport Mcmoran Inc Cl B (FCX) (+5.4% shares), compared with its Q1 2026 filing.

What did Tocqueville Asset Management L.P. sell last quarter?

In Q2 2026, Tocqueville Asset Management L.P. cut from its top 50 Chevron Corp New (CVX), cut from its top 50 Vaneck Gold Miners ETF (GDX), cut from its top 50 Boston Scientific Corp (BSX), cut from its top 50 Honeywell Intl Inc (HON), cut from its top 50 Expand Energy Corporation (EXE), Micron Technology Inc (MU) (-36.3% shares), Qualcomm Inc (QCOM) (-21.9% shares) and Procter & Gamble Co Com (PG) (-12.0% shares), compared with its Q1 2026 filing.

How has Tocqueville Asset Management L.P.'s portfolio performed?

A portfolio copying Tocqueville Asset Management L.P.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +22.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +28.9% against +20.1%. Over 5 years: +12.0% a year against +11.6%.

When is Tocqueville Asset Management L.P.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Tocqueville Asset Management L.P.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.