Perhaps time to start a new thread to track Van Ecks REMX holdings in ASM as they currently hold around 5 million ASM shares as at 4th September. Those of us that are long term holders of ASM are interested in keeping a watch on how their position moves. For those that are providing daily updates on the REMX ETF perhaps post here.
The index that this ETF tracks is https://www.mvis-indices.com/indices/hard-asset/mvis-global-rare-earth-strategic-metals/components
Van Eck will potentially need to buy and sell ASM to adjust their holdings to match the index.
They have built this holding some time since 31st of July 2021 as ASM is not listed in their portfolio as of that date. There are a number of other Australian Companies also listed in this index/etf. (LYC, ORE, ILU, ORE, PLS)
(Top 20 REMX holdings as at 31/07/2021)REMX HOLDINGS
SECTOR ALLOCATION
Basic Materials 75.51% Technology 9.76% Industrials 6.30% Non Classified Equity 3.83% Oil & Gas 3.45% ASSET ALLOCATION
Stocks 98.84% Cash 1.16% Total Net Assets $1.048B Turnover 70.00% TOP 20 HOLDINGS
COMPANY SYMBOL TOTAL NET ASSETS China Northern Rare Earth Group High-Tech Co Ltd ORD 600111 13.47% Ganfeng Lithium Co. Ltd. GNENF 8.41% Zhejiang Huayou Cobalt Co Ltd ORD 603799 8.21% Shenghe Resources Holding Co Ltd ORD 600392 7.40% Lynas Corp. Ltd. LYSCF 6.36% Xiamen Tungsten Co Ltd ORD 600549 5.97% Pilbara Minerals Ltd. PILBF 4.26% Iluka Resources Ltd. ILKAF 4.13% Eramet S.A. ERMAF 4.11% Orocobre Ltd. OROCF 4.03% Galaxy Resources Ltd ORD GXY 3.99% MP Materials Corp. MP 3.83% Jinduicheng Molybdenum Co Ltd ORD 601958 3.82% Standard Lithium Ltd. SLI 3.45% Livent Corp. LTHM 3.26% Lithium Americas Corp. LAC 3.25% AMG Advanced Metallurgical Group N.V. AMVMF 3.04% Tronox Holdings PLC TROX 2.99% Toho Titanium Co Ltd ORD 5727 2.50% AXT Inc. AXTI 2.36% As of 07/31/2021
As of 2nd of September Van Eck REMX holds 3.92 % of ASM valued at $41,233,178 USD
(Top 20 REMX holdings as at 02/09/2021)Daily Holdings (%)as of 09/02/21
Total Holdings: 20
Holding Name Shares Asset Class Market Value
(US$)% of Net
Assets
Holding Name Shares Asset Class Market Value
(US$)% of Net
AssetsChina Northern Rare Earth Group High-Te Stock 144,299,567 13.71 Orocobre Ltd Stock 83,588,710 7.94 Ganfeng Lithium Co Ltd Stock 78,962,613 7.50 Zhejiang Huayou Cobalt Co Ltd Stock 75,887,679 7.21 Shenghe Resources Holding Co Ltd Stock 69,190,658 6.57 Lynas Rare Earths Ltd Stock 56,342,024 5.35 Xiamen Tungsten Co Ltd Stock 53,887,856 5.12 Pilbara Minerals Ltd Stock 50,489,934 4.80 Jinduicheng Molybdenum Co Ltd Stock 47,385,458 4.50 Lithium Americas Corp Stock 45,314,393 4.30 Livent Corp Stock 43,697,109 4.15 Australian Strategic Materials Ltd Stock 41,233,178 3.92 Eramet Sa Stock 39,533,852 3.75 Standard Lithium Ltd Stock 38,744,305 3.68 Iluka Resources Ltd Stock 38,736,607 3.68 Mp Materials Corp Stock 32,706,346 3.11 Amg Advanced Metallurgical Group Nv Stock 32,555,158 3.09 Tronox Holdings Plc Stock 30,994,218 2.94 Toho Titanium Co Ltd Stock 22,580,678 2.14 Axt Inc
ASM shares held by REMX Rare Earth/Strategic Metals ETF.
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Last
$1.05 |
Change
0.025(2.45%) |
Mkt cap ! $186.0M | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.05 | $1.03 | $341.3K | 327.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 80753 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 4074 | 7 |
View Market Depth
| Last trade - 12.47pm 30/04/2024 (20 minute delay) ? |
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Last
$1.05 |
Change
0.025 ( 2.68 %) |
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| Open | High | Low | Volume | ||
| $1.03 | $1.05 | $1.03 | 41279 | ||
| Last updated 12.55pm 30/04/2024 ? | |||||
| ASM (ASX) Chart |