DRDGold
63 hedge funds and large institutions have $134M invested in DRDGold in 2020 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
11% more funds holding
Funds holding: 57 → 63 (+6)
2% more capital invested
Capital invested by funds: $132M → $134M (+$2.5M)
0.03% more ownership
Funds ownership: 1.29% → 1.32% (+0.03%)
44% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 18
55% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $3.42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$26.9M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.26M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.27M |
| 4 |
OC
Oppenheimer & Co
New York
|
+$662K |
| 5 |
PIMJS
PKO Investment Management Joint-Stock
Warsaw,
Poland
|
+$474K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
-$5.66M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.06M |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$4.16M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$3.15M |
| 5 |
Renaissance Technologies
New York
|
-$2.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fidelity Investments
Boston,
Massachusetts
| – | +$11 | +1 | New |
|
|
FWM
77
ForthRight Wealth Management
Alpharetta,
Georgia
| – | +$34 | +3 | New |
|
DRD Hedge Fund Activity: Q4 2020 in Review
63 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q4 2020, worth a combined $134M — up 1.9% from $132M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new DRD positions and 16 closed out — a net gain of 7 holders — while 10 added to existing stakes and 18 trimmed.
The largest buyer was VanEck Associates, adding an estimated $26.9M. The largest seller was Ruffer LLP, cutting an estimated $5.66M.
- 63 institutional investors held DRDGold (DRD) as of Q4 2020, up from 57 in Q3 2020.
- Funds reported $134M of DRDGold stock for Q4 2020, up 1.9% quarter-over-quarter.
- 23 funds opened new DRDGold positions in Q4 2020 and 16 closed out, a net change of +7 holders.
- The largest DRDGold buyer in Q4 2020 was VanEck Associates, an estimated $26.9M added.
- The largest DRDGold seller in Q4 2020 was Ruffer LLP, an estimated $5.66M sold.
Based on aggregated 13F filings for Q4 2020.