DRDGold
83 hedge funds and large institutions have $96.6M invested in DRDGold in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 17 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
0.14% less ownership
Funds ownership: 1.5% → 1.36% (-0.14%)
6% less capital invested
Capital invested by funds: $103M → $96.6M (-$6.65M)
8% less funds holding
Funds holding: 90 → 83 (-7)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
83% less call options, than puts
Call options by funds: $542K | Put options by funds: $3.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$3.76M |
| 2 |
VanEck Associates
New York
|
+$3.26M |
| 3 |
Jane Street
New York
|
+$644K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$469K |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$323K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.42M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.33M |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$3.41M |
| 4 |
Morgan Stanley
New York
|
-$2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$935K |
DRD Hedge Fund Activity: Q1 2024 in Review
83 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q1 2024, worth a combined $96.6M — down 6.4% from $103M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of DRD and 11 opened new positions — a net loss of 6 holders — while 24 trimmed existing stakes and 30 added.
The largest buyer was American Century Companies, opening a new position worth an estimated $3.76M. The largest seller was Millennium Management, cutting an estimated $4.42M.
- 83 institutional investors held DRDGold (DRD) as of Q1 2024, down from 90 in Q4 2023.
- Funds reported $96.6M of DRDGold stock for Q1 2024, down 6.4% quarter-over-quarter.
- 11 funds opened new DRDGold positions in Q1 2024 and 17 closed out, a net change of -6 holders.
- The largest DRDGold buyer in Q1 2024 was American Century Companies, an estimated $3.76M added.
- The largest DRDGold seller in Q1 2024 was Millennium Management, an estimated $4.42M sold.
Based on aggregated 13F filings for Q1 2024.