As far as I am aware there is only one ETF (Exchange Traded Fund) that focuses solely on Lithium, and that is the Global X Lithium ETF which trades under the symbol LIT on the NYSE.
If you go to the Fund's website you'll see a listing of the Top 10 Holdings, and up to the right of the list you will see an arrow and the words: FULL HOLDINGS (.CSV) all in orange lettering.
Click on that and it provides a full list in word format, here is the list cut and pasted:
"Global X Lithium ETF",,,,
"Fund Holdings Data as of 05/05/2016",,,,
"% of Net Assets",Name,"Market Price ($)","Shares Held","Market Value ($)"
21.619,"FMC CORP",47.54,"259,956.00","12,358,308.24"
9.674,"QUIMICA Y MINERA CHIL-SP",21.06,"262,591.00","5,530,166.46"
5.955,"OROCOBRE LTD",2.53,"1,344,297.00","3,404,198.75"
5.430,"ALBEMARLE CORP",67.10,"46,258.00","3,103,911.80"
4.490,"SAMSUNG SDI CO LTD",100.05,"25,651.00","2,566,433.21"
4.131,"LG CHEM LTD",249.91,"9,450.00","2,361,681.39"
4.123,"GALAXY RESOURCES LTD",0.28,"8,528,272.00","2,357,125.73"
4.052,"GS YUASA CORP",4.08,"567,894.00","2,316,100.12"
3.945,"SIMPLO TECHNOLOGY CO LTD",3.38,"666,700.00","2,255,356.98"
3.942,"TESLA MOTORS INC",211.53,"10,652.00","2,253,217.56"
3.928,"JOHNSON CONTROLS INC",40.50,"55,441.00","2,245,360.50"
3.878,"BYD COMPANY (144A)",5.66,"392,000.00","2,216,814.70"
3.771,"SAFT GROUPE SA",30.61,"70,432.00","2,155,762.11"
3.520,"FDG ELECTRIC VEHICLES LTD",0.06,"34,711,800.00","2,012,187.53"
3.319,"PANASONIC CORP",8.58,"221,220.00","1,897,348.50"
3.276,"DYNAPACK INTERNATIONAL TE",1.49,"1,256,300.00","1,872,670.61"
2.153,"ADVANCED LITHIUM ELECTROC",1.06,"1,158,129.00","1,230,796.06"
1.989,"LITHIUM AMERICAS CORP",0.54,"2,118,067.00","1,136,885.44" *
1.494,"VITZROCELL CO LTD",9.66,"88,408.00","853,906.10"
1.492,"CHANGS ASCENDING ENTERPRI",2.29,"373,151.00","853,074.67"
0.883,"BLUE SOLUTIONS",16.23,"31,108.00","504,973.52"
0.845,"BACANORA MINERALS LTD",1.15,"418,958.00","482,789.44"
0.789,"COSLIGHT TECHNOLOGY INTL",0.34,"1,326,973.00","451,278.68"
0.696,"ULTRALIFE CORP",4.09,"97,272.00","397,842.48"
0.384,"CHINA BAK BATTERY INC",2.59,"84,722.00","219,429.98"
0.146,CASH,1.00,"83,930.11","83,728.96"
(* My Bolding)
Lithium America's isn't the only Jr. Lithium Miner included in the fund, there are two others.
- Bacanora trades in Canada on the Venture Exchange under the symbol BCN.V
- Orocobre trades on Canada's big board TSX under the symbol ORL.TO
And of course the so called "Big 3" of FMC, SQM and Albemarle Corp are included. They however are not Juniors, but actual producers. Lithium though is just a minor component of each one's overall mining and business operations.
There are so many Jr. Miners out there right now vying for attention in the Lithium space, and I for one am convinced that a lot of them will never develop anything and that they're just looking to ride the wave the way so many penny stock companies tried to cash in on all the Medical Marijuana hype a couple years back.
With LAC.TO, BCN,V and ORL.TO being included in this ETF it suggests to me a level of validation from the market for these three.
One final note on the overall fund itself LIT. After languishing for much of the past 2 years it has finally started to climb off the bottom it hit around February of this year. But even with that positive movement the growth pales in comparison to what's been achieved with some Jr. Lithium mining stocks. A big reason for that of course is the companies that make up most of the fund....companies, even mining companies, for which Lithium is just one small component of their overall business operations.
I will keep an eye on this fund to see if they add more Jrs, but for now as an owner of Lithium America's shares its good to see that this fund bought in.
Disclosure, as a shareholder in LAC my views and opinions are not without bias. Also please verify all information provided. I would never knowingly post something false, however I can make mistakes so verify all information.
No comments:
Post a Comment