DRDGold
37 hedge funds and large institutions have $13.6M invested in DRDGold in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
304% more capital invested
Capital invested by funds: $3.37M → $13.6M (+$10.2M)
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
37% more funds holding
Funds holding: 27 → 37 (+10)
0.3% more ownership
Funds ownership: 0.49% → 0.79% (+0.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.87M |
| 2 |
Renaissance Technologies
New York
|
+$905K |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$844K |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$471K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$632K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$449K |
| 3 |
Goldman Sachs
New York
|
-$134K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$75.2K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$6.75K |
DRD Hedge Fund Activity: Q1 2016 in Review
37 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q1 2016, worth a combined $13.6M — up 304% from $3.37M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DRD positions and 3 closed out — a net gain of 10 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $1.87M. The largest seller was Millennium Management, cutting an estimated $632K.
- 37 institutional investors held DRDGold (DRD) as of Q1 2016, up from 27 in Q4 2015.
- Funds reported $13.6M of DRDGold stock for Q1 2016, up 304% quarter-over-quarter.
- 13 funds opened new DRDGold positions in Q1 2016 and 3 closed out, a net change of +10 holders.
- The largest DRDGold buyer in Q1 2016 was Acadian Asset Management, an estimated $1.87M added.
- The largest DRDGold seller in Q1 2016 was Millennium Management, an estimated $632K sold.
Based on aggregated 13F filings for Q1 2016.