DRDGold
90 hedge funds and large institutions have $103M invested in DRDGold in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 25 increasing their positions, 25 reducing their positions, and 20 closing their positions.
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
3% more funds holding
Funds holding: 87 → 90 (+3)
0% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 25
0.06% less ownership
Funds ownership: 1.56% → 1.5% (-0.06%)
9% less capital invested
Capital invested by funds: $113M → $103M (-$9.64M)
56% less call options, than puts
Call options by funds: $539K | Put options by funds: $1.22M
Top Buyers
| 1 |
Millennium Management
New York
|
+$3.89M |
| 2 |
Morgan Stanley
New York
|
+$3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.75M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$1.71M |
| 5 |
Jane Street
New York
|
+$1.28M |
Top Sellers
| 1 |
Amundi
Paris,
France
|
-$8.63M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$6.55M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$2.43M |
| 4 |
JP Morgan Chase
New York
|
-$1.79M |
| 5 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$1.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
101
Virtu Financial
New York
| – | -$123K | -14,848 | Closed |
|
|
WI
102
WrapManager Inc
Mill Valley,
California
| – | -$98.8K | -11,898 | Closed |
|
|
BHPW
103
Beverly Hills Private Wealth
Beverly Hills,
California
| – | -$88.5K | -10,658 | Closed |
|
|
CA
104
Claro Advisors
Boston,
Massachusetts
| – | -$88K | -10,608 | Closed |
|
105
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$83.2K | -10,021 | Closed |
|
|
SAI
106
Systematic Alpha Investments
Princeton,
New Jersey
| – | -$53.1K | -6,400 | Closed |
|
|
GI
107
Gradient Investments
Arden Hills,
Minnesota
| – | -$17.4K | -2,100 | Closed |
|
|
SS
108
Sunbelt Securities
Houston,
Texas
| – | -$1.02K | -123 | Closed |
|
|
OP
109
ORG Partners
Roanoke,
Indiana
| – | -$705 | -85 | Closed |
|
DRD Hedge Fund Activity: Q4 2023 in Review
90 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q4 2023, worth a combined $103M — down 8.5% from $113M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new DRD positions and 20 closed out — a net gain of 3 holders — while 25 added to existing stakes and 25 trimmed.
The largest buyer was Millennium Management, adding an estimated $3.89M. The largest seller was Amundi, exiting entirely with an estimated $8.63M sold.
- 90 institutional investors held DRDGold (DRD) as of Q4 2023, up from 87 in Q3 2023.
- Funds reported $103M of DRDGold stock for Q4 2023, down 8.5% quarter-over-quarter.
- 23 funds opened new DRDGold positions in Q4 2023 and 20 closed out, a net change of +3 holders.
- The largest DRDGold buyer in Q4 2023 was Millennium Management, an estimated $3.89M added.
- The largest DRDGold seller in Q4 2023 was Amundi, an estimated $8.63M sold.
Based on aggregated 13F filings for Q4 2023.