Agnico Eagle Mines
AEM
563 hedge funds and large institutions have $13.8B invested in Agnico Eagle Mines in 2023 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 200 increasing their positions, 202 reducing their positions, and 70 closing their positions.
81% more call options, than puts
Call options by funds: $557M | Put options by funds: $307M
0.04% less ownership
Funds ownership: 60.72% → 60.69% (-0.04%)
1% less repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 202
3% less funds holding
Funds holding: 579 → 563 (-16)
8% less capital invested
Capital invested by funds: $15B → $13.8B (-$1.28B)
19% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 70
20% less funds holding in top 10
Funds holding in top 10: 30 → 24 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$210M |
| 2 |
AM
AGF Management
Toronto,
Ontario, Canada
|
+$73.2M |
| 3 |
Goldman Sachs
New York
|
+$47.4M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$37.5M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$32.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$79.6M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$57.3M |
| 3 |
CG
Carmignac Gestion
Paris,
France
|
-$43.2M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$38.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.6M |
AEM Hedge Fund Activity: Q3 2023 in Review
563 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q3 2023, worth a combined $13.8B — down 8.5% from $15B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of AEM and 57 opened new positions — a net loss of 13 holders — while 202 trimmed existing stakes and 200 added.
The largest buyer was Capital World Investors, adding an estimated $210M. The largest seller was Fidelity International, cutting an estimated $79.6M.
- 563 institutional investors held Agnico Eagle Mines (AEM) as of Q3 2023, down from 579 in Q2 2023.
- Funds reported $13.8B of Agnico Eagle Mines stock for Q3 2023, down 8.5% quarter-over-quarter.
- 57 funds opened new Agnico Eagle Mines positions in Q3 2023 and 70 closed out, a net change of -13 holders.
- The largest Agnico Eagle Mines buyer in Q3 2023 was Capital World Investors, an estimated $210M added.
- The largest Agnico Eagle Mines seller in Q3 2023 was Fidelity International, an estimated $79.6M sold.
Based on aggregated 13F filings for Q3 2023.