DRDGold
39 hedge funds and large institutions have $55.6M invested in DRDGold in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 8 closing their positions.
167% more call options, than puts
Call options by funds: $307K | Put options by funds: $115K
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
10% more capital invested
Capital invested by funds: $50.8M → $55.6M (+$4.86M)
3% more funds holding
Funds holding: 38 → 39 (+1)
0.39% more ownership
Funds ownership: 2.22% → 2.61% (+0.39%)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| 1 |
VanEck Associates
New York
|
+$10.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.26M |
| 3 |
Goldman Sachs
New York
|
+$367K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$266K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$122K |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$640K |
| 2 |
RL
Ruffer LLP
London,
United Kingdom
|
-$616K |
| 3 |
Squarepoint
New York
|
-$535K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$393K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$338K |
DRD Hedge Fund Activity: Q1 2017 in Review
39 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q1 2017, worth a combined $55.6M — up 9.6% from $50.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DRD positions and 8 closed out — a net gain of 2 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was VanEck Associates, adding an estimated $10.4M. The largest seller was Morgan Stanley, cutting an estimated $640K.
- 39 institutional investors held DRDGold (DRD) as of Q1 2017, up from 38 in Q4 2016.
- Funds reported $55.6M of DRDGold stock for Q1 2017, up 9.6% quarter-over-quarter.
- 10 funds opened new DRDGold positions in Q1 2017 and 8 closed out, a net change of +2 holders.
- The largest DRDGold buyer in Q1 2017 was VanEck Associates, an estimated $10.4M added.
- The largest DRDGold seller in Q1 2017 was Morgan Stanley, an estimated $640K sold.
Based on aggregated 13F filings for Q1 2017.