Agnico Eagle Mines
317 hedge funds and large institutions have $6.38B invested in Agnico Eagle Mines in 2019 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 113 increasing their positions, 98 reducing their positions, and 43 closing their positions.
94% more call options, than puts
Call options by funds: $201M | Put options by funds: $104M
15% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 98
10% more capital invested
Capital invested by funds: $5.78B → $6.38B (+$598M)
0.07% less ownership
Funds ownership: 62.25% → 62.17% (-0.07%)
1% less funds holding
Funds holding: 319 → 317 (-2)
5% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 43
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$92.1M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$17.6M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$17.2M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$17M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
-$57.8M |
| 2 |
VanEck Associates
New York
|
-$50.1M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$39.8M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
-$32.5M |
| 5 |
EPFB
Employees Provident Fund Board
Shah Alam,
Malaysia
|
-$12.7M |
AEM Hedge Fund Activity: Q1 2019 in Review
317 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q1 2019, worth a combined $6.38B — up 10% from $5.78B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of AEM and 41 opened new positions — a net loss of 2 holders — while 98 trimmed existing stakes and 113 added.
The largest buyer was CIBC Asset Management, adding an estimated $92.1M. The largest seller was Tocqueville Asset Management, exiting entirely with an estimated $57.8M sold.
- 317 institutional investors held Agnico Eagle Mines (AEM) as of Q1 2019, down from 319 in Q4 2018.
- Funds reported $6.38B of Agnico Eagle Mines stock for Q1 2019, up 10% quarter-over-quarter.
- 41 funds opened new Agnico Eagle Mines positions in Q1 2019 and 43 closed out, a net change of -2 holders.
- The largest Agnico Eagle Mines buyer in Q1 2019 was CIBC Asset Management, an estimated $92.1M added.
- The largest Agnico Eagle Mines seller in Q1 2019 was Tocqueville Asset Management, an estimated $57.8M sold.
Based on aggregated 13F filings for Q1 2019.