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Agnico Eagle Mines

673 hedge funds and large institutions have $19.9B invested in Agnico Eagle Mines in 2024 Q2 according to their latest regulatory filings, with 115 funds opening new positions, 188 increasing their positions, 261 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 59

82% more call options, than puts

Call options by funds: $564M | Put options by funds: $311M

16% more funds holding in top 10

Funds holding in top 10: 3743 (+6)

8% more capital invested

Capital invested by funds: $18.4B → $19.9B (+$1.55B)

6% more funds holding

Funds holding: 634673 (+39)

0.49% less ownership

Funds ownership: 61.54%61.05% (-0.49%)

28% less repeat investments, than reductions

Existing positions increased: 188 | Existing positions reduced: 261

Holders
673
Holders Change
+39
Holders Change %
+6.15%
% of All Funds
9.72%
Holding in Top 10
43
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+16.22%
% of All Funds
0.62%
New
115
Increased
188
Reduced
261
Closed
59
Calls
$564M
Puts
$311M
Net Calls
+$254M
Net Calls Change
-$162M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$1.46B +$3.83M +58,681 +0.3%
Fidelity International
2
Fidelity International
Bermuda
$1.4B -$174M -2,664,659 -11%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.26B +$119M +1,825,736 +11%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$875M -$110M -1,684,576 -11%
Massachusetts Financial Services
5
Massachusetts Financial Services
Massachusetts
$869M +$8.8M +134,872 +1%
Deutsche Bank
6
Deutsche Bank
Germany
$797M -$18.7M -286,769 -2%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$718M +$29.5M +452,264 +4%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$687M +$164M +2,516,221 +32%
Capital World Investors
9
Capital World Investors
California
$643M +$4.02M +61,622 +0.6%
Bank of America
10
Bank of America
North Carolina
$623M +$511M +7,833,544 +463%
Mackenzie Financial
11
Mackenzie Financial
Ontario, Canada
$585M -$25.8M -396,139 -4%
Norges Bank
12
Norges Bank
Norway
$436M +$37.5M +574,108 +9%
First Eagle Investment Management
13
First Eagle Investment Management
New York
$435M -$15.8M -242,198 -4%
CIBC Asset Management
14
CIBC Asset Management
Ontario, Canada
$398M +$15.5M +237,347 +4%
TD Asset Management
15
TD Asset Management
Ontario, Canada
$383M +$35.7M +546,542 +10%
Neuberger Berman Group
16
Neuberger Berman Group
New York
$372M +$51.3M +786,834 +16%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$332M +$112M +1,717,208 +51%
Amundi
18
Amundi
France
$322M +$17.9M +274,371 +6%
National Bank of Canada
19
National Bank of Canada
Quebec, Canada
$252M -$8.99M -137,770 -3%
Invesco
20
Invesco
Georgia
$250M -$32.2M -494,105 -11%
CIBC World Market
21
CIBC World Market
Ontario, Canada
$248M +$19.6M +299,793 +9%
Manulife (Manufacturers Life Insurance)
22
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$226M -$101M -1,541,064 -31%
JP Morgan Chase
23
JP Morgan Chase
New York
$202M -$17.8M -272,495 -8%
Legal & General Group
24
Legal & General Group
United Kingdom
$185M +$3.18M +48,728 +2%
Millennium Management
25
Millennium Management
New York
$178M -$12.3M -188,139 -6%

AEM Hedge Fund Activity: Q2 2024 in Review

673 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Agnico Eagle Mines (AEM) for Q2 2024, worth a combined $19.9B — up 8.4% from $18.4B a quarter earlier.

Buyers outnumbered sellers: 115 funds opened new AEM positions and 59 closed out — a net gain of 56 holders — while 188 added to existing stakes and 261 trimmed.

The largest buyer was Bank of America, adding an estimated $511M. The largest seller was Fidelity International, cutting an estimated $174M.

  • 673 institutional investors held Agnico Eagle Mines (AEM) as of Q2 2024, up from 634 in Q1 2024.
  • Funds reported $19.9B of Agnico Eagle Mines stock for Q2 2024, up 8.4% quarter-over-quarter.
  • 115 funds opened new Agnico Eagle Mines positions in Q2 2024 and 59 closed out, a net change of +56 holders.
  • The largest Agnico Eagle Mines buyer in Q2 2024 was Bank of America, an estimated $511M added.
  • The largest Agnico Eagle Mines seller in Q2 2024 was Fidelity International, an estimated $174M sold.

Based on aggregated 13F filings for Q2 2024.