DRDGold
86 hedge funds and large institutions have $142M invested in DRDGold in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 8 closing their positions.
325% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 8
180% more call options, than puts
Call options by funds: $1.96M | Put options by funds: $700K
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
43% more funds holding
Funds holding: 60 → 86 (+26)
41% more capital invested
Capital invested by funds: $100M → $142M (+$41.6M)
0.33% more ownership
Funds ownership: 1.21% → 1.54% (+0.33%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$14.8M |
| 2 |
Amundi
Paris,
France
|
+$10.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$7.97M |
| 4 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
+$1.91M |
| 5 |
JP Morgan Chase
New York
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$7.53M |
| 2 |
RL
Ruffer LLP
London,
United Kingdom
|
-$3.41M |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$2.07M |
| 4 |
Jane Street
New York
|
-$695K |
| 5 |
PIMJS
PKO Investment Management Joint-Stock
Warsaw,
Poland
|
-$692K |
DRD Hedge Fund Activity: Q2 2023 in Review
86 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q2 2023, worth a combined $142M — up 41% from $100M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new DRD positions and 8 closed out — a net gain of 26 holders — while 25 added to existing stakes and 13 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $14.8M. The largest seller was VanEck Associates, cutting an estimated $7.53M.
- 86 institutional investors held DRDGold (DRD) as of Q2 2023, up from 60 in Q1 2023.
- Funds reported $142M of DRDGold stock for Q2 2023, up 41% quarter-over-quarter.
- 34 funds opened new DRDGold positions in Q2 2023 and 8 closed out, a net change of +26 holders.
- The largest DRDGold buyer in Q2 2023 was Acadian Asset Management, an estimated $14.8M added.
- The largest DRDGold seller in Q2 2023 was VanEck Associates, an estimated $7.53M sold.
Based on aggregated 13F filings for Q2 2023.