Centerra Gold
CGAU
167 hedge funds and large institutions have $1.48B invested in Centerra Gold in 2025 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 64 increasing their positions, 51 reducing their positions, and 20 closing their positions.
476% more call options, than puts
Call options by funds: $20.9M | Put options by funds: $3.63M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
65% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 20
42% more capital invested
Capital invested by funds: $1.04B → $1.48B (+$437M)
25% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 51
8% more funds holding
Funds holding: 155 → 167 (+12)
2.37% less ownership
Funds ownership: 70.49% → 68.11% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$28.5M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$17.2M |
| 3 |
Millennium Management
New York
|
+$16.9M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$10.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$63.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$32.6M |
| 3 |
Goldman Sachs
New York
|
-$23.5M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$14.8M |
| 5 |
Man Group
London,
United Kingdom
|
-$10.8M |
CGAU Hedge Fund Activity: Q3 2025 in Review
167 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Centerra Gold (CGAU) for Q3 2025, worth a combined $1.48B — up 42% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CGAU positions and 20 closed out — a net gain of 13 holders — while 64 added to existing stakes and 51 trimmed.
The largest buyer was Donald Smith & Co, adding an estimated $28.5M. The largest seller was VanEck Associates, cutting an estimated $63.4M.
- 167 institutional investors held Centerra Gold (CGAU) as of Q3 2025, up from 155 in Q2 2025.
- Funds reported $1.48B of Centerra Gold stock for Q3 2025, up 42% quarter-over-quarter.
- 33 funds opened new Centerra Gold positions in Q3 2025 and 20 closed out, a net change of +13 holders.
- The largest Centerra Gold buyer in Q3 2025 was Donald Smith & Co, an estimated $28.5M added.
- The largest Centerra Gold seller in Q3 2025 was VanEck Associates, an estimated $63.4M sold.
Based on aggregated 13F filings for Q3 2025.