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CGAU

Centerra Gold

107 hedge funds and large institutions have $678M invested in Centerra Gold in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 44 increasing their positions, 28 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

188% more call options, than puts

Call options by funds: $7.77M | Put options by funds: $2.7M

57% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 28

0.29% more ownership

Funds ownership: 51.22%51.5% (+0.29%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

4% less funds holding

Funds holding: 111107 (-4)

7% less capital invested

Capital invested by funds: $732M → $678M (-$54.6M)

33% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 12

Holders
107
Holders Change
-4
Holders Change %
-3.6%
% of All Funds
1.68%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
8
Increased
44
Reduced
28
Closed
12
Calls
$7.77M
Puts
$2.7M
Net Calls
+$5.07M
Net Calls Change
+$4.77M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$121M +$14.6M +2,298,750 +13%
HI
2
Helikon Investments
United Kingdom
$65.2M -$16.5M -2,593,856 -19%
CM
3
Condire Management
Texas
$51.9M
Vanguard Group
4
Vanguard Group
Pennsylvania
$46.9M +$895K +141,082 +2%
RL
5
Ruffer LLP
United Kingdom
$43.3M +$4.43M +698,300 +11%
DSC
6
Donald Smith & Co
New York
$39.3M +$2.11M +332,880 +5%
IIM
7
Intact Investment Management
Quebec, Canada
$21.7M +$19.2M +3,032,870 +521%
Connor, Clark & Lunn Investment Management (CC&L)
8
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$19.9M -$3.65M -574,500 -15%
Citigroup
9
Citigroup
New York
$18.4M +$5.87M +925,655 +43%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$17.5M +$409K +64,463 +2%
Goldman Sachs
11
Goldman Sachs
New York
$16.1M -$11.2M -1,763,032 -40%
HA
12
Heartland Advisors
Wisconsin
$12.8M +$80K +12,600 +0.6%
MRCP
13
Maple Rock Capital Partners
Ontario, Canada
$12M
EDRH
14
Edmond de Rothschild Holding
Switzerland
$11.9M +$2.19M +345,000 +21%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$11.7M -$749K -118,045 -6%
Mackenzie Financial
16
Mackenzie Financial
Ontario, Canada
$10.6M +$7.13M +1,122,854 +175%
AF
17
Aegis Financial
Virginia
$10.5M
Toronto Dominion Bank
18
Toronto Dominion Bank
Ontario, Canada
$9.84M +$5.08M +800,120 +95%
Morgan Stanley
19
Morgan Stanley
New York
$9.62M +$3.92M +618,454 +63%
JP Morgan Chase
20
JP Morgan Chase
New York
$9.58M +$662K +104,303 +7%
Bank of America
21
Bank of America
North Carolina
$9.34M +$2.36M +371,896 +31%
National Bank of Canada
22
National Bank of Canada
Quebec, Canada
$8.67M +$5.72M +901,981 +166%
FSCM
23
First Sabrepoint Capital Management
Texas
$8.56M +$5.35M +843,200 +144%
Franklin Resources
24
Franklin Resources
California
$7.12M -$179K -28,269 -2%
Amundi
25
Amundi
France
$7.06M +$1.19M +187,000 +19%

CGAU Hedge Fund Activity: Q2 2023 in Review

107 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Centerra Gold (CGAU) for Q2 2023, worth a combined $678M — down 7.5% from $732M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of CGAU and 8 opened new positions — a net loss of 4 holders — while 28 trimmed existing stakes and 44 added.

The largest buyer was Intact Investment Management, adding an estimated $19.2M. The largest seller was Helikon Investments, cutting an estimated $16.5M.

  • 107 institutional investors held Centerra Gold (CGAU) as of Q2 2023, down from 111 in Q1 2023.
  • Funds reported $678M of Centerra Gold stock for Q2 2023, down 7.5% quarter-over-quarter.
  • 8 funds opened new Centerra Gold positions in Q2 2023 and 12 closed out, a net change of -4 holders.
  • The largest Centerra Gold buyer in Q2 2023 was Intact Investment Management, an estimated $19.2M added.
  • The largest Centerra Gold seller in Q2 2023 was Helikon Investments, an estimated $16.5M sold.

Based on aggregated 13F filings for Q2 2023.