DRDGold
38 hedge funds and large institutions have $50.8M invested in DRDGold in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 20 closing their positions.
239% more call options, than puts
Call options by funds: $319K | Put options by funds: $94K
65% more capital invested
Capital invested by funds: $30.8M → $50.8M (+$20M)
0.79% more ownership
Funds ownership: 1.43% → 2.22% (+0.79%)
17% less funds holding
Funds holding: 46 → 38 (-8)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
Top Buyers
| 1 |
VanEck Associates
New York
|
+$26.7M |
| 2 |
Squarepoint
New York
|
+$473K |
| 3 |
Renaissance Technologies
New York
|
+$428K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$299K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$241K |
Top Sellers
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.92M |
| 2 |
RL
Ruffer LLP
London,
United Kingdom
|
-$2.1M |
| 3 |
O
OppenheimerFunds
New York
|
-$1.44M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$1.27M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$56K | -11,246 | Closed |
|
52
HighTower Advisors
Chicago,
Illinois
| – | -$50K | -10,318 | Closed |
|
53
Group One Trading
Chicago,
Illinois
| – | -$34.6K | -7,402 | Closed |
|
54
Simplex Trading
Chicago,
Illinois
| – | -$7.72K | -1,653 | Closed |
|
|
CPA
55
Clear Perspective Advisors
Aurora,
Illinois
| – | +$9 | +2 | New |
|
56
BlackRock
New York
| – | +$93 | +20 | New |
|
|
CG
57
Cutler Group
San Francisco,
California
| – | +$388 | +83 | New |
|
DRD Hedge Fund Activity: Q4 2016 in Review
38 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q4 2016, worth a combined $50.8M — up 65% from $30.8M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of DRD and 13 opened new positions — a net loss of 7 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was VanEck Associates, opening a new position worth an estimated $26.7M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $3.92M sold.
- 38 institutional investors held DRDGold (DRD) as of Q4 2016, down from 46 in Q3 2016.
- Funds reported $50.8M of DRDGold stock for Q4 2016, up 65% quarter-over-quarter.
- 13 funds opened new DRDGold positions in Q4 2016 and 20 closed out, a net change of -7 holders.
- The largest DRDGold buyer in Q4 2016 was VanEck Associates, an estimated $26.7M added.
- The largest DRDGold seller in Q4 2016 was Arrowstreet Capital, an estimated $3.92M sold.
Based on aggregated 13F filings for Q4 2016.