Agnico Eagle Mines
AEM
579 hedge funds and large institutions have $15B invested in Agnico Eagle Mines in 2023 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 255 increasing their positions, 158 reducing their positions, and 58 closing their positions.
90% more call options, than puts
Call options by funds: $635M | Put options by funds: $334M
61% more repeat investments, than reductions
Existing positions increased: 255 | Existing positions reduced: 158
36% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 58
4% more funds holding
Funds holding: 559 → 579 (+20)
1% more capital invested
Capital invested by funds: $14.9B → $15B (+$170M)
0% more funds holding in top 10
Funds holding in top 10: 30 → 30 (0)
2.76% less ownership
Funds ownership: 63.49% → 60.72% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$156M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$90.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$69.4M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$67.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$66.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
-$99.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$98.8M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$84.2M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$66.5M |
| 5 |
Goldman Sachs
New York
|
-$48.3M |
AEM Hedge Fund Activity: Q2 2023 in Review
579 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q2 2023, worth a combined $15B — up 1.1% from $14.9B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new AEM positions and 58 closed out — a net gain of 21 holders — while 255 added to existing stakes and 158 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $156M. The largest seller was Ruffer LLP, cutting an estimated $99.7M.
- 579 institutional investors held Agnico Eagle Mines (AEM) as of Q2 2023, up from 559 in Q1 2023.
- Funds reported $15B of Agnico Eagle Mines stock for Q2 2023, up 1.1% quarter-over-quarter.
- 79 funds opened new Agnico Eagle Mines positions in Q2 2023 and 58 closed out, a net change of +21 holders.
- The largest Agnico Eagle Mines buyer in Q2 2023 was Manulife (Manufacturers Life Insurance), an estimated $156M added.
- The largest Agnico Eagle Mines seller in Q2 2023 was Ruffer LLP, an estimated $99.7M sold.
Based on aggregated 13F filings for Q2 2023.