International Value Advisers Trims Most of their Holdings, But Goes Big On Gold

They increased iShares Gold Trust by 33%, making it their most concentrated position, accounting for 11.6% of their portfolio. They also added Newmont Goldcorp Corp., investing $83 million into the company. They are up 4% for the quarter on $2,700,267,000 AUM. View their holdings

On a side note, they were recently the subject of an unusual legal accusation that was quickly dismissed by a New York court. Original link and archived version

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