Agnico Eagle Mines
AEM
402 hedge funds and large institutions have $10.6B invested in Agnico Eagle Mines in 2020 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 135 increasing their positions, 127 reducing their positions, and 45 closing their positions.
62% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 45
6% more funds holding
Funds holding: 378 → 402 (+24)
6% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 127
5% less call options, than puts
Call options by funds: $196M | Put options by funds: $206M
1.35% less ownership
Funds ownership: 63.21% → 61.86% (-1.3%)
13% less capital invested
Capital invested by funds: $12.2B → $10.6B (-$1.61B)
31% less funds holding in top 10
Funds holding in top 10: 16 → 11 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$271M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$121M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$68M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$48.1M |
| 5 |
VanEck Associates
New York
|
+$32.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$317M |
| 2 |
Renaissance Technologies
New York
|
-$90.3M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$85.9M |
| 4 |
First Eagle Investment Management
New York
|
-$82.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$79.8M |
AEM Hedge Fund Activity: Q4 2020 in Review
402 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q4 2020, worth a combined $10.6B — down 13% from $12.2B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new AEM positions and 45 closed out — a net gain of 28 holders — while 135 added to existing stakes and 127 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $271M. The largest seller was Fidelity International, cutting an estimated $317M.
- 402 institutional investors held Agnico Eagle Mines (AEM) as of Q4 2020, up from 378 in Q3 2020.
- Funds reported $10.6B of Agnico Eagle Mines stock for Q4 2020, down 13% quarter-over-quarter.
- 73 funds opened new Agnico Eagle Mines positions in Q4 2020 and 45 closed out, a net change of +28 holders.
- The largest Agnico Eagle Mines buyer in Q4 2020 was Fidelity Investments, an estimated $271M added.
- The largest Agnico Eagle Mines seller in Q4 2020 was Fidelity International, an estimated $317M sold.
Based on aggregated 13F filings for Q4 2020.