Agnico Eagle Mines
AEM
208 hedge funds and large institutions have $2.72B invested in Agnico Eagle Mines in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 81 increasing their positions, 61 reducing their positions, and 29 closing their positions.
60% more call options, than puts
Call options by funds: $112M | Put options by funds: $69.8M
33% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 61
14% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 29
0% more funds holding
Funds holding: 208 → 208 (0)
1.14% less ownership
Funds ownership: 60.51% → 59.38% (-1.1%)
5% less capital invested
Capital invested by funds: $2.88B → $2.72B (-$158M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$26.9M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$24.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$22.9M |
| 4 |
First Eagle Investment Management
New York
|
+$17.1M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$111M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$99.7M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$29.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$24.9M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17.4M |
AEM Hedge Fund Activity: Q3 2013 in Review
208 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q3 2013, worth a combined $2.72B — down 5.5% from $2.88B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new AEM positions and 29 closed out — a net gain of 4 holders — while 81 added to existing stakes and 61 trimmed.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), opening a new position worth an estimated $26.9M. The largest seller was Greystone Managed Investments, cutting an estimated $111M.
- 208 institutional investors held Agnico Eagle Mines (AEM) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $2.72B of Agnico Eagle Mines stock for Q3 2013, down 5.5% quarter-over-quarter.
- 33 funds opened new Agnico Eagle Mines positions in Q3 2013 and 29 closed out, a net change of +4 holders.
- The largest Agnico Eagle Mines buyer in Q3 2013 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $26.9M added.
- The largest Agnico Eagle Mines seller in Q3 2013 was Greystone Managed Investments, an estimated $111M sold.
Based on aggregated 13F filings for Q3 2013.