Centerra Gold
CGAU
111 hedge funds and large institutions have $717M invested in Centerra Gold in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 46 increasing their positions, 29 reducing their positions, and 14 closing their positions.
217% more call options, than puts
Call options by funds: $5.03M | Put options by funds: $1.59M
59% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 29
28% more capital invested
Capital invested by funds: $560M → $717M (+$157M)
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
3.13% more ownership
Funds ownership: 52.3% → 55.44% (+3.1%)
3% more funds holding
Funds holding: 108 → 111 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$11.8M |
| 2 |
PFCS
Pale Fire Capital SE
Prague,
Czech Republic
|
+$9.1M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$9.07M |
| 4 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$8.77M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Helikon Investments
London,
United Kingdom
|
-$15.1M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$12M |
| 3 |
FSCM
First Sabrepoint Capital Management
Dallas,
Texas
|
-$5.73M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$3.83M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$3.38M |
CGAU Hedge Fund Activity: Q4 2023 in Review
111 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Centerra Gold (CGAU) for Q4 2023, worth a combined $717M — up 28% from $560M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CGAU positions and 14 closed out — a net gain of 3 holders — while 46 added to existing stakes and 29 trimmed.
The largest buyer was Donald Smith & Co, adding an estimated $11.8M. The largest seller was Helikon Investments, cutting an estimated $15.1M.
- 111 institutional investors held Centerra Gold (CGAU) as of Q4 2023, up from 108 in Q3 2023.
- Funds reported $717M of Centerra Gold stock for Q4 2023, up 28% quarter-over-quarter.
- 17 funds opened new Centerra Gold positions in Q4 2023 and 14 closed out, a net change of +3 holders.
- The largest Centerra Gold buyer in Q4 2023 was Donald Smith & Co, an estimated $11.8M added.
- The largest Centerra Gold seller in Q4 2023 was Helikon Investments, an estimated $15.1M sold.
Based on aggregated 13F filings for Q4 2023.