DRDGold
46 hedge funds and large institutions have $30.8M invested in DRDGold in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
10% more funds holding
Funds holding: 42 → 46 (+4)
7% more capital invested
Capital invested by funds: $28.7M → $30.8M (+$2.12M)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0.3% more ownership
Funds ownership: 1.13% → 1.43% (+0.3%)
78% less call options, than puts
Call options by funds: $237K | Put options by funds: $1.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
+$7.09M |
| 2 |
O
OppenheimerFunds
New York
|
+$1.98M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.93M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$1.76M |
| 5 |
Millennium Management
New York
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.98M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.82M |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$485K |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
-$273K |
| 5 |
CI
Cavalier Investments
Alpharetta,
Georgia
|
-$218K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Walleye Trading
New York
| – | -$50K | -8,500 | Closed |
|
|
CG
52
Cutler Group
San Francisco,
California
| – | -$16.5K | -2,413 | Closed |
|
|
JCM
53
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$16K | -2,000 | Closed |
|
DRD Hedge Fund Activity: Q3 2016 in Review
46 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q3 2016, worth a combined $30.8M — up 7.4% from $28.7M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DRD positions and 8 closed out — a net gain of 5 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Ruffer LLP, adding an estimated $7.09M. The largest seller was Acadian Asset Management, cutting an estimated $4.98M.
- 46 institutional investors held DRDGold (DRD) as of Q3 2016, up from 42 in Q2 2016.
- Funds reported $30.8M of DRDGold stock for Q3 2016, up 7.4% quarter-over-quarter.
- 13 funds opened new DRDGold positions in Q3 2016 and 8 closed out, a net change of +5 holders.
- The largest DRDGold buyer in Q3 2016 was Ruffer LLP, an estimated $7.09M added.
- The largest DRDGold seller in Q3 2016 was Acadian Asset Management, an estimated $4.98M sold.
Based on aggregated 13F filings for Q3 2016.