Agnico Eagle Mines
AEM
256 hedge funds and large institutions have $3.55B invested in Agnico Eagle Mines in 2014 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 102 increasing their positions, 77 reducing their positions, and 23 closing their positions.
78% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 23
32% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 77
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
11% more call options, than puts
Call options by funds: $141M | Put options by funds: $128M
8% more funds holding
Funds holding: 238 → 256 (+18)
1.8% less ownership
Funds ownership: 60.33% → 58.53% (-1.8%)
27% less capital invested
Capital invested by funds: $4.85B → $3.55B (-$1.3B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$50.1M |
| 2 |
VanEck Associates
New York
|
+$47.3M |
| 3 |
Jennison Associates
New York
|
+$39.6M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
+$28.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$87.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$81.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$67.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$61.5M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$47.7M |
AEM Hedge Fund Activity: Q3 2014 in Review
256 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q3 2014, worth a combined $3.55B — down 27% from $4.85B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new AEM positions and 23 closed out — a net gain of 18 holders — while 102 added to existing stakes and 77 trimmed.
The largest buyer was Millennium Management, adding an estimated $50.1M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $87.6M.
- 256 institutional investors held Agnico Eagle Mines (AEM) as of Q3 2014, up from 238 in Q2 2014.
- Funds reported $3.55B of Agnico Eagle Mines stock for Q3 2014, down 27% quarter-over-quarter.
- 41 funds opened new Agnico Eagle Mines positions in Q3 2014 and 23 closed out, a net change of +18 holders.
- The largest Agnico Eagle Mines buyer in Q3 2014 was Millennium Management, an estimated $50.1M added.
- The largest Agnico Eagle Mines seller in Q3 2014 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $87.6M sold.
Based on aggregated 13F filings for Q3 2014.