The investment practices of Tocqueville Asset Management LP goes back to 1985 and it has current market portfolio of $9.00 billion with Apple Inc. (NASDAQ:AAPL), The Home Depot, Inc. (NYSE:HD), Exxon Mobil Corporation (NYSE:XOM) as its top stock investments. As per its recent SEC 13F filing on October 30, Tocqueville Asset Management has its primary investments in Material and Information Technology industry.
Apple Inc. (NASDAQ:AAPL) is the largest stock holding of Tocqueville Asset Management with 1,236,188 shares of the company and current market value of $124 million. The shares of Apple Inc. (NASDAQ:AAPL) reached all time high this week and closed at $114.18 on November 14, 2014. The iPhone maker had some troubles lately with security attacks including Masque Attack and WireLurker malware. Masque attack uses a small vulnerability of iOS and allows intruders to infect the system. On the contrary, WireLurker spreads through app installation and finds its root in China.
Tocqueville Asset Management has its second largest stock holding in The Home Depot, Inc. (NYSE:HD) with 1,317,777 shares of the company at market value of $120 million. The home improvement company is facing at least 39 lawsuits relating to the recent data breach and the U.S. Judicial Panel on Multidistrict Litigation is likely to couple these cases into a single legal action against the company. Some of the major investors of The Home Depot, Inc. (NYSE:HD) include Fisher Asset Management, Citadel Investment Group, and Renaissance Technologies.
The oil company, Exxon Mobil Corporation (NYSE:XOM), comes at number three in Tocqueville Asset Management’s portfolio and it owns 1,254,875 shares of the company at current market value of $118 million. Exxon Mobil Corporation (NYSE:XOM) reported earnings of $8.07 billion in its third quarter 2014 financial results and earnings per share of $1.89. Some of the primary investors of Exxon Mobil Corporation (NYSE:XOM) include Berkshire Hathaway, Bill & Melinda Gates Foundation Trust, and Yacktman Asset Management.
This article has been written by Prakash Pandey.