Coeur Mining
162 hedge funds and large institutions have $701M invested in Coeur Mining in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 46 increasing their positions, 69 reducing their positions, and 26 closing their positions.
12% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 26
2% more funds holding
Funds holding: 159 → 162 (+3)
4% less call options, than puts
Call options by funds: $15.9M | Put options by funds: $16.6M
1.25% less ownership
Funds ownership: 65.64% → 64.39% (-1.2%)
13% less capital invested
Capital invested by funds: $802M → $701M (-$101M)
33% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 69
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.5M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$8.02M |
| 3 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$5.28M |
| 4 |
O
OppenheimerFunds
New York
|
+$4.06M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$12.1M |
| 2 |
JP Morgan Chase
New York
|
-$9.3M |
| 3 |
Morgan Stanley
New York
|
-$6.18M |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$5.81M |
| 5 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$5.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Comerica Bank
Dallas,
Texas
| – | -$201K | -16,685 | Closed |
|
|
DC
177
Deere & Company
Moline,
Illinois
| – | -$186K | -15,464 | Closed |
|
|
VAM
178
Visium Asset Management
New York
| – | -$158K | -13,098 | Closed |
|
|
GPA
179
GSB Podium Advisors
New York
| – | -$157K | -13,039 | Closed |
|
|
CAM
180
Capstone Asset Management
Houston,
Texas
| – | -$124K | -10,284 | Closed |
|
|
FM
181
Forward Management
San Francisco,
California
| – | -$121K | -10,000 | Closed |
|
182
Walleye Trading
New York
| – | -$53.1K | -4,711 | Closed |
|
183
Acadian Asset Management
Boston,
Massachusetts
| – | -$53K | -4,445 | Closed |
|
184
M&T Bank
Buffalo,
New York
| – | -$6K | -500 | Closed |
|
185
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -100 | Closed |
|
|
WA
186
WealthTrust-Arizona
Scottsdale,
Arizona
| – | -$1.01K | -90 | -82% |
|
|
JFGIW
187
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$1K | -50 | Closed |
|
|
TDC
188
Thompson Davis & Co
Richmond,
Virginia
| – | +$113 | +10 | New |
|
CDE Hedge Fund Activity: Q4 2013 in Review
162 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Coeur Mining (CDE) for Q4 2013, worth a combined $701M — down 13% from $802M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CDE positions and 26 closed out — a net gain of 3 holders — while 46 added to existing stakes and 69 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $12.5M. The largest seller was Goldman Sachs, cutting an estimated $12.1M.
- 162 institutional investors held Coeur Mining (CDE) as of Q4 2013, up from 159 in Q3 2013.
- Funds reported $701M of Coeur Mining stock for Q4 2013, down 13% quarter-over-quarter.
- 29 funds opened new Coeur Mining positions in Q4 2013 and 26 closed out, a net change of +3 holders.
- The largest Coeur Mining buyer in Q4 2013 was Deutsche Bank, an estimated $12.5M added.
- The largest Coeur Mining seller in Q4 2013 was Goldman Sachs, an estimated $12.1M sold.
Based on aggregated 13F filings for Q4 2013.