Caledonia Mining Corp
CMCL
135 hedge funds and large institutions have $243M invested in Caledonia Mining Corp in 2025 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 46 increasing their positions, 36 reducing their positions, and 13 closing their positions.
208% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 13
97% more capital invested
Capital invested by funds: $123M → $243M (+$120M)
28% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 36
24% more funds holding
Funds holding: 109 → 135 (+26)
1.72% more ownership
Funds ownership: 33.22% → 34.93% (+1.7%)
6% less call options, than puts
Call options by funds: $1.67M | Put options by funds: $1.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$2.56M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$2.24M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.17M |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
+$1.44M |
| 5 |
Jane Street
New York
|
+$820K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$3.52M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$1.23M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$714K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$659K |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$639K |
CMCL Hedge Fund Activity: Q3 2025 in Review
135 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Caledonia Mining Corp (CMCL) for Q3 2025, worth a combined $243M — up 97% from $123M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CMCL positions and 13 closed out — a net gain of 27 holders — while 46 added to existing stakes and 36 trimmed.
The largest buyer was U.S. Global Investors (USGI), opening a new position worth an estimated $2.56M. The largest seller was Orbis Allan Gray, cutting an estimated $3.52M.
- 135 institutional investors held Caledonia Mining Corp (CMCL) as of Q3 2025, up from 109 in Q2 2025.
- Funds reported $243M of Caledonia Mining Corp stock for Q3 2025, up 97% quarter-over-quarter.
- 40 funds opened new Caledonia Mining Corp positions in Q3 2025 and 13 closed out, a net change of +27 holders.
- The largest Caledonia Mining Corp buyer in Q3 2025 was U.S. Global Investors (USGI), an estimated $2.56M added.
- The largest Caledonia Mining Corp seller in Q3 2025 was Orbis Allan Gray, an estimated $3.52M sold.
Based on aggregated 13F filings for Q3 2025.