DRDGold
53 hedge funds and large institutions have $166M invested in DRDGold in 2020 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 5 closing their positions.
440% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 5
347% more capital invested
Capital invested by funds: $37.2M → $166M (+$129M)
299% more call options, than puts
Call options by funds: $3.12M | Put options by funds: $783K
71% more funds holding
Funds holding: 31 → 53 (+22)
0.41% more ownership
Funds ownership: 0.79% → 1.2% (+0.41%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$48.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.3M |
| 3 |
Jane Street
New York
|
+$2.27M |
| 4 |
Renaissance Technologies
New York
|
+$1.86M |
| 5 |
BlackRock
New York
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
-$26.7M |
| 2 |
Millennium Management
New York
|
-$605K |
| 3 |
BCV
Banque Cantonale Vaudoise
Lausanne,
Switzerland
|
-$284K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$75K |
| 5 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$54K |
DRD Hedge Fund Activity: Q2 2020 in Review
53 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q2 2020, worth a combined $166M — up 347% from $37.2M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new DRD positions and 5 closed out — a net gain of 22 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was VanEck Associates, opening a new position worth an estimated $48.5M. The largest seller was Ruffer LLP, cutting an estimated $26.7M.
- 53 institutional investors held DRDGold (DRD) as of Q2 2020, up from 31 in Q1 2020.
- Funds reported $166M of DRDGold stock for Q2 2020, up 347% quarter-over-quarter.
- 27 funds opened new DRDGold positions in Q2 2020 and 5 closed out, a net change of +22 holders.
- The largest DRDGold buyer in Q2 2020 was VanEck Associates, an estimated $48.5M added.
- The largest DRDGold seller in Q2 2020 was Ruffer LLP, an estimated $26.7M sold.
Based on aggregated 13F filings for Q2 2020.