Agnico Eagle Mines
238 hedge funds and large institutions have $4.85B invested in Agnico Eagle Mines in 2014 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 100 increasing their positions, 61 reducing their positions, and 29 closing their positions.
90% more call options, than puts
Call options by funds: $198M | Put options by funds: $104M
64% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 61
57% more capital invested
Capital invested by funds: $3.09B → $4.85B (+$1.76B)
55% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 29
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
7% more funds holding
Funds holding: 222 → 238 (+16)
1.58% more ownership
Funds ownership: 58.75% → 60.33% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$124M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$88.5M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$80.1M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$65M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$64.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$42.4M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$37.7M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
-$27.7M |
| 4 |
Millennium Management
New York
|
-$17.1M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
-$13.7M |
AEM Hedge Fund Activity: Q2 2014 in Review
238 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q2 2014, worth a combined $4.85B — up 57% from $3.09B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new AEM positions and 29 closed out — a net gain of 16 holders — while 100 added to existing stakes and 61 trimmed.
The largest buyer was Tocqueville Asset Management, opening a new position worth an estimated $124M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $42.4M sold.
- 238 institutional investors held Agnico Eagle Mines (AEM) as of Q2 2014, up from 222 in Q1 2014.
- Funds reported $4.85B of Agnico Eagle Mines stock for Q2 2014, up 57% quarter-over-quarter.
- 45 funds opened new Agnico Eagle Mines positions in Q2 2014 and 29 closed out, a net change of +16 holders.
- The largest Agnico Eagle Mines buyer in Q2 2014 was Tocqueville Asset Management, an estimated $124M added.
- The largest Agnico Eagle Mines seller in Q2 2014 was Discovery Capital Management, an estimated $42.4M sold.
Based on aggregated 13F filings for Q2 2014.