Agnico Eagle Mines
343 hedge funds and large institutions have $6.02B invested in Agnico Eagle Mines in 2020 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 140 increasing their positions, 112 reducing their positions, and 70 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 112
1.73% more ownership
Funds ownership: 61.41% → 63.14% (+1.7%)
7% less funds holding
Funds holding: 369 → 343 (-26)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
19% less call options, than puts
Call options by funds: $83.4M | Put options by funds: $103M
31% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 70
34% less capital invested
Capital invested by funds: $9.12B → $6.02B (-$3.1B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$98.2M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$80.2M |
| 3 |
Rockefeller Capital Management
New York
|
+$78.7M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$66.3M |
| 5 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$59.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$309M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$106M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
-$57.2M |
| 4 |
DFO
Duquesne Family Office
New York
|
-$46.1M |
| 5 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$42.8M |
AEM Hedge Fund Activity: Q1 2020 in Review
343 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q1 2020, worth a combined $6.02B — down 34% from $9.12B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of AEM and 48 opened new positions — a net loss of 22 holders — while 112 trimmed existing stakes and 140 added.
The largest buyer was Renaissance Technologies, adding an estimated $98.2M. The largest seller was Capital World Investors, exiting entirely with an estimated $309M sold.
- 343 institutional investors held Agnico Eagle Mines (AEM) as of Q1 2020, down from 369 in Q4 2019.
- Funds reported $6.02B of Agnico Eagle Mines stock for Q1 2020, down 34% quarter-over-quarter.
- 48 funds opened new Agnico Eagle Mines positions in Q1 2020 and 70 closed out, a net change of -22 holders.
- The largest Agnico Eagle Mines buyer in Q1 2020 was Renaissance Technologies, an estimated $98.2M added.
- The largest Agnico Eagle Mines seller in Q1 2020 was Capital World Investors, an estimated $309M sold.
Based on aggregated 13F filings for Q1 2020.