DRDGold
24 hedge funds and large institutions have $36.8M invested in DRDGold in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 9 closing their positions.
17% more capital invested
Capital invested by funds: $31.5M → $36.8M (+$5.28M)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
10% more call options, than puts
Call options by funds: $206K | Put options by funds: $188K
0.04% less ownership
Funds ownership: 1.06% → 1.03% (-0.04%)
14% less funds holding
Funds holding: 28 → 24 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$1.28M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$212K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$48.9K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$12.9K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$12.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.26M |
| 2 |
Millennium Management
New York
|
-$582K |
| 3 |
Renaissance Technologies
New York
|
-$347K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$229K |
| 5 |
VF
Virtu Financial
New York
|
-$83K |
DRD Hedge Fund Activity: Q4 2019 in Review
24 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q4 2019, worth a combined $36.8M — up 17% from $31.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DRD and 5 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was U.S. Global Investors (USGI), opening a new position worth an estimated $1.28M. The largest seller was Jane Street, cutting an estimated $1.26M.
- 24 institutional investors held DRDGold (DRD) as of Q4 2019, down from 28 in Q3 2019.
- Funds reported $36.8M of DRDGold stock for Q4 2019, up 17% quarter-over-quarter.
- 5 funds opened new DRDGold positions in Q4 2019 and 9 closed out, a net change of -4 holders.
- The largest DRDGold buyer in Q4 2019 was U.S. Global Investors (USGI), an estimated $1.28M added.
- The largest DRDGold seller in Q4 2019 was Jane Street, an estimated $1.26M sold.
Based on aggregated 13F filings for Q4 2019.