Agnico Eagle Mines
AEM
222 hedge funds and large institutions have $3.09B invested in Agnico Eagle Mines in 2014 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 80 increasing their positions, 69 reducing their positions, and 28 closing their positions.
97% more call options, than puts
Call options by funds: $150M | Put options by funds: $76.1M
54% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 28
18% more capital invested
Capital invested by funds: $2.62B → $3.09B (+$472M)
16% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 69
6% more funds holding
Funds holding: 209 → 222 (+13)
1.47% more ownership
Funds ownership: 57.28% → 58.75% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$43.9M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$43.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.1M |
| 4 |
SI
Scout Investments
Kansas City,
Missouri
|
+$23.6M |
| 5 |
Millennium Management
New York
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$38M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$36.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$24.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$19.5M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.5M |
AEM Hedge Fund Activity: Q1 2014 in Review
222 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q1 2014, worth a combined $3.09B — up 18% from $2.62B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new AEM positions and 28 closed out — a net gain of 15 holders — while 80 added to existing stakes and 69 trimmed.
The largest buyer was Discovery Capital Management, opening a new position worth an estimated $43.9M. The largest seller was First Eagle Investment Management, cutting an estimated $38M.
- 222 institutional investors held Agnico Eagle Mines (AEM) as of Q1 2014, up from 209 in Q4 2013.
- Funds reported $3.09B of Agnico Eagle Mines stock for Q1 2014, up 18% quarter-over-quarter.
- 43 funds opened new Agnico Eagle Mines positions in Q1 2014 and 28 closed out, a net change of +15 holders.
- The largest Agnico Eagle Mines buyer in Q1 2014 was Discovery Capital Management, an estimated $43.9M added.
- The largest Agnico Eagle Mines seller in Q1 2014 was First Eagle Investment Management, an estimated $38M sold.
Based on aggregated 13F filings for Q1 2014.