DRDGold
34 hedge funds and large institutions have $19.3M invested in DRDGold in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
25% more capital invested
Capital invested by funds: $15.4M → $19.3M (+$3.82M)
3% more funds holding
Funds holding: 33 → 34 (+1)
0.27% more ownership
Funds ownership: 1.07% → 1.34% (+0.27%)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| 1 |
VanEck Associates
New York
|
+$4.7M |
| 2 |
Jane Street
New York
|
+$276K |
| 3 |
Renaissance Technologies
New York
|
+$234K |
| 4 |
DTL
Dynamic Technology Lab
Singapore
|
+$144K |
| 5 |
Millennium Management
New York
|
+$141K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
26
UBS
Zurich,
Switzerland
| $4K | +$4.53K | +1,147 | +4,412% |
|
|
AIG
27
American International Group
New York
| $3.73K | – | – | – |
|
28
Bank of America
Charlotte,
North Carolina
| $2K | -$79.1K | -20,018 | -97% |
|
29
Group One Trading
Chicago,
Illinois
| $1K | +$1.58K | +400 | New |
|
|
OAM
30
Oxford Asset Management
Oxford,
United Kingdom
| – | -$299K | -81,139 | Closed |
|
|
GC
31
Guggenheim Capital
Chicago,
Illinois
| – | -$136K | -36,920 | Closed |
|
|
B
32
Bailard
Foster City,
California
| – | -$114K | -30,900 | Closed |
|
33
Goldman Sachs
New York
| – | -$46K | -12,453 | Closed |
|
|
GI
34
Gradient Investments
Arden Hills,
Minnesota
| – | -$3K | -700 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$1K | -400 | Closed |
|
36
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$277 | +70 | New |
|
DRD Hedge Fund Activity: Q1 2014 in Review
34 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q1 2014, worth a combined $19.3M — up 25% from $15.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DRD positions and 7 closed out — a net gain of 2 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was VanEck Associates, adding an estimated $4.7M. The largest seller was Acadian Asset Management, cutting an estimated $387K.
- 34 institutional investors held DRDGold (DRD) as of Q1 2014, up from 33 in Q4 2013.
- Funds reported $19.3M of DRDGold stock for Q1 2014, up 25% quarter-over-quarter.
- 9 funds opened new DRDGold positions in Q1 2014 and 7 closed out, a net change of +2 holders.
- The largest DRDGold buyer in Q1 2014 was VanEck Associates, an estimated $4.7M added.
- The largest DRDGold seller in Q1 2014 was Acadian Asset Management, an estimated $387K sold.
Based on aggregated 13F filings for Q1 2014.