Agnico Eagle Mines
230 hedge funds and large institutions have $3.16B invested in Agnico Eagle Mines in 2014 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 83 increasing their positions, 86 reducing their positions, and 49 closing their positions.
67% more call options, than puts
Call options by funds: $154M | Put options by funds: $92.4M
0.15% more ownership
Funds ownership: 58.53% → 58.67% (+0.15%)
3% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 86
10% less funds holding
Funds holding: 256 → 230 (-26)
11% less capital invested
Capital invested by funds: $3.55B → $3.16B (-$390M)
41% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 49
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$50.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$49.4M |
| 3 |
JP Morgan Chase
New York
|
+$33.4M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$28.1M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$26.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$74.3M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$56.7M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
-$23.1M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
-$16.8M |
| 5 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$16.5M |
AEM Hedge Fund Activity: Q4 2014 in Review
230 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q4 2014, worth a combined $3.16B — down 11% from $3.55B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of AEM and 29 opened new positions — a net loss of 20 holders — while 86 trimmed existing stakes and 83 added.
The largest buyer was Royal Bank of Canada, adding an estimated $50.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $74.3M.
- 230 institutional investors held Agnico Eagle Mines (AEM) as of Q4 2014, down from 256 in Q3 2014.
- Funds reported $3.16B of Agnico Eagle Mines stock for Q4 2014, down 11% quarter-over-quarter.
- 29 funds opened new Agnico Eagle Mines positions in Q4 2014 and 49 closed out, a net change of -20 holders.
- The largest Agnico Eagle Mines buyer in Q4 2014 was Royal Bank of Canada, an estimated $50.3M added.
- The largest Agnico Eagle Mines seller in Q4 2014 was T. Rowe Price Associates, an estimated $74.3M sold.
Based on aggregated 13F filings for Q4 2014.