Agnico Eagle Mines
AEM
378 hedge funds and large institutions have $12.2B invested in Agnico Eagle Mines in 2020 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 111 increasing their positions, 156 reducing their positions, and 43 closing their positions.
30% more call options, than puts
Call options by funds: $290M | Put options by funds: $223M
29% more capital invested
Capital invested by funds: $9.47B → $12.2B (+$2.73B)
14% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 43
1.78% more ownership
Funds ownership: 61.42% → 63.21% (+1.8%)
1% more funds holding
Funds holding: 373 → 378 (+5)
6% less funds holding in top 10
Funds holding in top 10: 17 → 16 (-1)
29% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 156
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$343M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$155M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$122M |
| 4 |
AGA
Altrinsic Global Advisors
Stamford,
Connecticut
|
+$67M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$85.3M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$48.7M |
| 3 |
AC
Addenda Capital
Montreal,
Quebec, Canada
|
-$46.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$34.5M |
| 5 |
First Eagle Investment Management
New York
|
-$24.4M |
AEM Hedge Fund Activity: Q3 2020 in Review
378 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q3 2020, worth a combined $12.2B — up 29% from $9.47B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new AEM positions and 43 closed out — a net gain of 6 holders — while 111 added to existing stakes and 156 trimmed.
The largest buyer was Fidelity International, adding an estimated $343M. The largest seller was Renaissance Technologies, cutting an estimated $85.3M.
- 378 institutional investors held Agnico Eagle Mines (AEM) as of Q3 2020, up from 373 in Q2 2020.
- Funds reported $12.2B of Agnico Eagle Mines stock for Q3 2020, up 29% quarter-over-quarter.
- 49 funds opened new Agnico Eagle Mines positions in Q3 2020 and 43 closed out, a net change of +6 holders.
- The largest Agnico Eagle Mines buyer in Q3 2020 was Fidelity International, an estimated $343M added.
- The largest Agnico Eagle Mines seller in Q3 2020 was Renaissance Technologies, an estimated $85.3M sold.
Based on aggregated 13F filings for Q3 2020.