Centerra Gold
CGAU
108 hedge funds and large institutions have $560M invested in Centerra Gold in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 31 reducing their positions, and 11 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 31
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
1% more funds holding
Funds holding: 107 → 108 (+1)
0.8% more ownership
Funds ownership: 51.5% → 52.3% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
17% less capital invested
Capital invested by funds: $678M → $560M (-$117M)
58% less call options, than puts
Call options by funds: $471K | Put options by funds: $1.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$15.5M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$9.49M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
+$7.79M |
| 4 |
DSC
Donald Smith & Co
New York
|
+$6.88M |
| 5 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
+$4.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Helikon Investments
London,
United Kingdom
|
-$14.3M |
| 2 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
-$12M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$9.16M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$8.49M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$5.29M |
CGAU Hedge Fund Activity: Q3 2023 in Review
108 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Centerra Gold (CGAU) for Q3 2023, worth a combined $560M — down 17% from $678M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CGAU positions and 11 closed out — a net gain of 2 holders — while 37 added to existing stakes and 31 trimmed.
The largest buyer was Franklin Resources, adding an estimated $15.5M. The largest seller was Helikon Investments, cutting an estimated $14.3M.
- 108 institutional investors held Centerra Gold (CGAU) as of Q3 2023, up from 107 in Q2 2023.
- Funds reported $560M of Centerra Gold stock for Q3 2023, down 17% quarter-over-quarter.
- 13 funds opened new Centerra Gold positions in Q3 2023 and 11 closed out, a net change of +2 holders.
- The largest Centerra Gold buyer in Q3 2023 was Franklin Resources, an estimated $15.5M added.
- The largest Centerra Gold seller in Q3 2023 was Helikon Investments, an estimated $14.3M sold.
Based on aggregated 13F filings for Q3 2023.