Alamos Gold
93 hedge funds and large institutions have $768M invested in Alamos Gold in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 26 reducing their positions, and 19 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 26
3.22% less ownership
Funds ownership: 69.58% → 66.36% (-3.2%)
9% less funds holding
Funds holding: 102 → 93 (-9)
29% less capital invested
Capital invested by funds: $1.08B → $768M (-$311M)
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
74% less call options, than puts
Call options by funds: $811K | Put options by funds: $3.15M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Cumberland Partners
Toronto,
Ontario, Canada
|
+$25M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$12.9M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$10.4M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$8.3M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$8.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$37.9M |
| 2 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$37.2M |
| 3 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$21.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.7M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$10.6M |
AGI Hedge Fund Activity: Q1 2014 in Review
93 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Alamos Gold (AGI) for Q1 2014, worth a combined $768M — down 29% from $1.08B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of AGI and 12 opened new positions — a net loss of 7 holders — while 26 trimmed existing stakes and 43 added.
The largest buyer was Cumberland Partners, opening a new position worth an estimated $25M. The largest seller was Jennison Associates, exiting entirely with an estimated $37.9M sold.
- 93 institutional investors held Alamos Gold (AGI) as of Q1 2014, down from 102 in Q4 2013.
- Funds reported $768M of Alamos Gold stock for Q1 2014, down 29% quarter-over-quarter.
- 12 funds opened new Alamos Gold positions in Q1 2014 and 19 closed out, a net change of -7 holders.
- The largest Alamos Gold buyer in Q1 2014 was Cumberland Partners, an estimated $25M added.
- The largest Alamos Gold seller in Q1 2014 was Jennison Associates, an estimated $37.9M sold.
Based on aggregated 13F filings for Q1 2014.