Agnico Eagle Mines
AEM
209 hedge funds and large institutions have $2.63B invested in Agnico Eagle Mines in 2013 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 66 increasing their positions, 82 reducing their positions, and 32 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
79% more call options, than puts
Call options by funds: $122M | Put options by funds: $68.1M
16% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 32
0% more funds holding
Funds holding: 208 → 209 (+1)
3% less capital invested
Capital invested by funds: $2.72B → $2.63B (-$94.5M)
2.1% less ownership
Funds ownership: 59.38% → 57.28% (-2.1%)
20% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$36.8M |
| 2 |
Morgan Stanley
New York
|
+$25M |
| 3 |
RA
Royce & Associates
New York
|
+$23.5M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$15.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$57.5M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
-$43.5M |
| 3 |
O
OppenheimerFunds
New York
|
-$24.4M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$22.8M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$17M |
AEM Hedge Fund Activity: Q4 2013 in Review
209 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q4 2013, worth a combined $2.63B — down 3.5% from $2.72B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new AEM positions and 32 closed out — a net gain of 5 holders — while 66 added to existing stakes and 82 trimmed.
The largest buyer was Impala Asset Management, opening a new position worth an estimated $36.8M. The largest seller was Bank of Montreal, cutting an estimated $57.5M.
- 209 institutional investors held Agnico Eagle Mines (AEM) as of Q4 2013, up from 208 in Q3 2013.
- Funds reported $2.63B of Agnico Eagle Mines stock for Q4 2013, down 3.5% quarter-over-quarter.
- 37 funds opened new Agnico Eagle Mines positions in Q4 2013 and 32 closed out, a net change of +5 holders.
- The largest Agnico Eagle Mines buyer in Q4 2013 was Impala Asset Management, an estimated $36.8M added.
- The largest Agnico Eagle Mines seller in Q4 2013 was Bank of Montreal, an estimated $57.5M sold.
Based on aggregated 13F filings for Q4 2013.