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Agnico Eagle Mines
AEM

619 hedge funds and large institutions have $16.8B invested in Agnico Eagle Mines in 2023 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 196 increasing their positions, 192 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

115% more first-time investments, than exits

New positions opened: 114 | Existing positions closed: 53

93% more call options, than puts

Call options by funds: $710M | Put options by funds: $367M

67% more funds holding in top 10

Funds holding in top 10: 24 → 40 (+16)

22% more capital invested

Capital invested by funds: $13.8B → $16.8B (+$3.05B)

10% more funds holding

Funds holding: 563 → 619 (+56)

1.29% more ownership

Funds ownership: 60.69% → 61.98% (+1.3%)

2% more repeat investments, than reductions

Existing positions increased: 196 | Existing positions reduced: 192

Holders
619
Holders Change
+56
Holders Change %
+9.95%
% of All Funds
9.02%
Holding in Top 10
40
Holding in Top 10 Change
+16
Holding in Top 10 Change %
+66.67%
% of All Funds
0.58%
New
114
Increased
196
Reduced
192
Closed
53
Calls
$710M
Puts
$367M
Net Calls
+$343M
Net Calls Change
+$92.9M

Top Buyers

1
Fidelity International
Fidelity International
Bermuda
+$142M
2
Neuberger Berman Group
Neuberger Berman Group
New York
+$130M
3
ClearBridge Investments
ClearBridge Investments
New York
+$121M
4
VanEck Associates
VanEck Associates
New York
+$99.7M
5
Morgan Stanley
Morgan Stanley
New York
+$96.5M

Top Sellers

1
Flossbach Von Storch
Flossbach Von Storch
Germany
-$247M
2
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$142M
3
Franklin Resources
Franklin Resources
California
-$132M
4
Fidelity Investments
Fidelity Investments
Massachusetts
-$41.9M
5
Federated Hermes
Federated Hermes
Pennsylvania
-$38.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
Connor, Clark & Lunn Investment Management (CC&L)
26
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$167M +$43.4M +867,917 +40%
Legal & General Group
27
Legal & General Group
United Kingdom
$155M -$3.65M -72,997 -3%
Dimensional Fund Advisors
28
Dimensional Fund Advisors
Texas
$151M +$22.6M +451,814 +20%
ClearBridge Investments
29
ClearBridge Investments
New York
$132M +$121M +2,411,243 New
MSCM
30
Marlin Sams Capital Management
New York
$126M – – –
CF
31
Canoe Financial
Alberta, Canada
$117M -$2.45M -49,051 -2%
T. Rowe Price Associates
32
T. Rowe Price Associates
Maryland
$114M +$12.2M +243,467 +13%
AIMCA
33
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$109M +$1.12M +22,408 +1%
CG
34
Carmignac Gestion
France
$106M +$798K +15,970 +0.8%
Citadel Advisors
35
Citadel Advisors
Florida
$106M -$12.4M -247,574 -11%
Geode Capital Management
36
Geode Capital Management
Massachusetts
$103M +$3.58M +71,690 +4%
Goldman Sachs
37
Goldman Sachs
New York
$92.3M -$37.5M -749,993 -31%
CWP
38
Capital Wealth Planning
Florida
$88.5M +$80.7M +1,614,344 New
Swiss National Bank
39
Swiss National Bank
Switzerland
$88.4M -$1.97M -39,400 -2%
Canada Pension Plan Investment Board
40
Canada Pension Plan Investment Board
Ontario, Canada
$85.9M +$165K +3,300 +0.2%
Toronto Dominion Bank
41
Toronto Dominion Bank
Ontario, Canada
$84.2M +$1.27M +25,310 +2%
Franklin Resources
42
Franklin Resources
California
$83.8M -$132M -2,635,168 -63%
GCC
43
Guardian Capital (Canada)
Ontario, Canada
$83.2M +$1.08M +21,671 +1%
Sumitomo Mitsui Trust Group
44
Sumitomo Mitsui Trust Group
Japan
$77.7M +$2.04M +40,719 +3%
SI
45
Sprott Inc
Ontario, Canada
$76.2M -$1.16M -23,168 -2%
Bank of America
46
Bank of America
North Carolina
$73.1M -$6.39M -127,823 -9%
DekaBank Deutsche Girozentrale
47
DekaBank Deutsche Girozentrale
Germany
$73.1M +$91.2K +1,824 +0.1%
Caisse de Depot et Placement du Quebec (CDPQ)
48
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$70.2M +$505K +10,097 +0.8%
AM
49
AGF Management
Ontario, Canada
$69.2M -$11.5M -230,482 -15%
APG Asset Management
50
APG Asset Management
Netherlands
$69M +$2.33M +46,580 +3%
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AEM Hedge Fund Activity: Q4 2023 in Review

619 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q4 2023, worth a combined $16.8B — up 22% from $13.8B a quarter earlier.

Buyers outnumbered sellers: 114 funds opened new AEM positions and 53 closed out — a net gain of 61 holders — while 196 added to existing stakes and 192 trimmed.

The largest buyer was Fidelity International, adding an estimated $142M. The largest seller was Flossbach Von Storch, cutting an estimated $247M.

  • 619 institutional investors held Agnico Eagle Mines (AEM) as of Q4 2023, up from 563 in Q3 2023.
  • Funds reported $16.8B of Agnico Eagle Mines stock for Q4 2023, up 22% quarter-over-quarter.
  • 114 funds opened new Agnico Eagle Mines positions in Q4 2023 and 53 closed out, a net change of +61 holders.
  • The largest Agnico Eagle Mines buyer in Q4 2023 was Fidelity International, an estimated $142M added.
  • The largest Agnico Eagle Mines seller in Q4 2023 was Flossbach Von Storch, an estimated $247M sold.

Based on aggregated 13F filings for Q4 2023.