TOCQUEVILLE ASSET MANAGEMENT L.P.
SEC Form 13F institutional filer · CIK 0000883961
13F-HR · 296 reported holdings · 2026-03-31
Investment management firm.
Reported long-US-equity value
$5.51B
Top-10 concentration
28.9%
TOCQUEVILLE ASSET MANAGEMENT L.P. — $5.51B AUM allocation strategy
TOCQUEVILLE ASSET MANAGEMENT L.P. files SEC Form 13F and reports $5.51B of long US equity value across 296 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 13.0%, followed by Consumer Discretionary 9.0% and Communication Services 6.0%.
The top 10 holdings account for 29% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
TOCQUEVILLE ASSET MANAGEMENT L.P. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$5.51B
total across 296 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
29% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$BAX +984K sh · +$15.6M+$GPC +492K sh · +$47.2M+$SBUX +345K sh · +$31.6M
Biggest trims (shares)
−$USB −264K sh · −$14.5M−$OXY −256K sh · −$9.94M−$FCX −241K sh · −$3.69M
Exited to nil (held last quarter, gone now)
$COIN ($3.22M last qtr)$LITE ($2.83M last qtr)$MKC ($711K last qtr)$WRB ($473K last qtr)$EXPE ($353K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Interactive Media & Services6.0%—
- Home Improvement Retail5.1%—
- Semiconductors5.0%—
- Systems Software3.2%—
- Technology Hardware, Storage & Peripherals2.7%—
- Broadline Retail2.5%—
- Semiconductor Materials & Equipment2.1%—
- Multi-Utilities1.9%—
- Other holdings71.5%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $HD | Home Depot Inc | 848K | $279M | -6.7K | 5.1% |
| $NVDA | NVIDIA Corporation | 1.17M | $205M | -17.7K | 3.7% |
| $MSFT | Microsoft Corporation | 470K | $174M | +27.8K | 3.2% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 584K | $168M | -37.8K | 3.0% |
| $GOOGL | Alphabet Inc | 555K | $159M | -69.8K | 2.9% |
| $AAPL | Apple Inc | 593K | $151M | -19.6K | 2.7% |
| $AMZN | Amazon.com Inc | 655K | $136M | -7.91K | 2.5% |
| $AMAT | Applied Materials Inc | 336K | $115M | -9.91K | 2.1% |
| $NEE | NextEra Energy Inc | 1.16M | $108M | -10K | 2.0% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 199K | $95.5M | -8.37K | 1.7% |
…and 286 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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