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Agnico Eagle Mines

256 hedge funds and large institutions have $3.55B invested in Agnico Eagle Mines in 2014 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 102 increasing their positions, 77 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 23

32% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 77

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

11% more call options, than puts

Call options by funds: $141M | Put options by funds: $128M

8% more funds holding

Funds holding: 238256 (+18)

1.8% less ownership

Funds ownership: 60.33%58.53% (-1.8%)

27% less capital invested

Capital invested by funds: $4.85B → $3.55B (-$1.3B)

Holders
256
Holders Change
+18
Holders Change %
+7.56%
% of All Funds
7.43%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.2%
New
41
Increased
102
Reduced
77
Closed
23
Calls
$141M
Puts
$128M
Net Calls
+$13.8M
Net Calls Change
-$80.5M
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
1
First Eagle Investment Management
New York
$524M -$12.1M -325,725 -2%
VanEck Associates
2
VanEck Associates
New York
$347M +$47.3M +1,272,095 +12%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$190M +$12.2M +327,153 +5%
TAM
4
Tocqueville Asset Management
New York
$114M +$2.05M +55,172 +1%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$114M -$81.8M -2,200,757 -36%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$102M +$918K +24,689 +0.7%
CIBC World Market
7
CIBC World Market
Ontario, Canada
$89.9M +$596K +16,027 +0.5%
Toronto Dominion Bank
8
Toronto Dominion Bank
Ontario, Canada
$82.6M +$1.7M +45,604 +2%
Connor, Clark & Lunn Investment Management (CC&L)
9
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$80M -$87.6M -2,354,624 -46%
APG Asset Management
10
APG Asset Management
Netherlands
$70.7M +$7.87M +211,645 +10%
PP
11
Prudential plc
United Kingdom
$68.1M -$34M -915,436 -28%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$65.6M -$67.5M -1,814,776 -44%
Caisse de Depot et Placement du Quebec (CDPQ)
13
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$65.1M +$5.7M +153,192 +7%
Invesco
14
Invesco
Georgia
$62.9M +$10.7M +287,092 +15%
Morgan Stanley
15
Morgan Stanley
New York
$62.7M +$7.57M +203,415 +10%
Wells Fargo
16
Wells Fargo
California
$61.4M -$18.1M -487,741 -19%
AIMCA
17
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$57.5M +$10.8M +289,900 +20%
Swiss National Bank
18
Swiss National Bank
Switzerland
$51.5M -$1.22M -32,800 -2%
Norges Bank
19
Norges Bank
Norway
$51.2M -$61.5M -1,653,942 -48%
CIBC Asset Management
20
CIBC Asset Management
Ontario, Canada
$45.4M +$3.17M +85,236 +6%
TD Asset Management
21
TD Asset Management
Ontario, Canada
$44M -$3.62M -97,205 -6%
Millennium Management
22
Millennium Management
New York
$43.8M +$50.1M +1,347,366 +830%
Deutsche Bank
23
Deutsche Bank
Germany
$39M +$27.5M +740,608 +123%
PC
24
Paulson & Co
New York
$38.3M
Fiera Capital (Canada)
25
Fiera Capital (Canada)
Quebec, Canada
$34.2M -$43.4M -1,168,038 -50%

AEM Hedge Fund Activity: Q3 2014 in Review

256 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q3 2014, worth a combined $3.55B — down 27% from $4.85B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new AEM positions and 23 closed out — a net gain of 18 holders — while 102 added to existing stakes and 77 trimmed.

The largest buyer was Millennium Management, adding an estimated $50.1M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $87.6M.

  • 256 institutional investors held Agnico Eagle Mines (AEM) as of Q3 2014, up from 238 in Q2 2014.
  • Funds reported $3.55B of Agnico Eagle Mines stock for Q3 2014, down 27% quarter-over-quarter.
  • 41 funds opened new Agnico Eagle Mines positions in Q3 2014 and 23 closed out, a net change of +18 holders.
  • The largest Agnico Eagle Mines buyer in Q3 2014 was Millennium Management, an estimated $50.1M added.
  • The largest Agnico Eagle Mines seller in Q3 2014 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $87.6M sold.

Based on aggregated 13F filings for Q3 2014.