DRDGold
60 hedge funds and large institutions have $100M invested in DRDGold in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 10 closing their positions.
940% more call options, than puts
Call options by funds: $2.32M | Put options by funds: $223K
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
26% more capital invested
Capital invested by funds: $79.7M → $100M (+$20.6M)
7% more funds holding
Funds holding: 56 → 60 (+4)
0.04% less ownership
Funds ownership: 1.25% → 1.21% (-0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$3.29M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$885K |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$833K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$503K |
| 5 |
RL
Ruffer LLP
London,
United Kingdom
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$3.99M |
| 2 |
PIMJS
PKO Investment Management Joint-Stock
Warsaw,
Poland
|
-$3.54M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$608K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$573K |
| 5 |
Jane Street
New York
|
-$377K |
DRD Hedge Fund Activity: Q1 2023 in Review
60 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q1 2023, worth a combined $100M — up 26% from $79.7M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new DRD positions and 10 closed out — a net gain of 6 holders — while 18 added to existing stakes and 11 trimmed.
The largest buyer was U.S. Global Investors (USGI), adding an estimated $3.29M. The largest seller was VanEck Associates, cutting an estimated $3.99M.
- 60 institutional investors held DRDGold (DRD) as of Q1 2023, up from 56 in Q4 2022.
- Funds reported $100M of DRDGold stock for Q1 2023, up 26% quarter-over-quarter.
- 16 funds opened new DRDGold positions in Q1 2023 and 10 closed out, a net change of +6 holders.
- The largest DRDGold buyer in Q1 2023 was U.S. Global Investors (USGI), an estimated $3.29M added.
- The largest DRDGold seller in Q1 2023 was VanEck Associates, an estimated $3.99M sold.
Based on aggregated 13F filings for Q1 2023.