DRDGold
27 hedge funds and large institutions have $20.3M invested in DRDGold in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 9 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
5% more capital invested
Capital invested by funds: $19.3M → $20.3M (+$976K)
0.55% less ownership
Funds ownership: 1.76% → 1.2% (-0.55%)
16% less funds holding
Funds holding: 32 → 27 (-5)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
+$1.17M |
| 2 |
VanEck Associates
New York
|
+$614K |
| 3 |
Morgan Stanley
New York
|
+$569K |
| 4 |
Millennium Management
New York
|
+$170K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$139K |
Top Sellers
| 1 |
D.E. Shaw & Co
New York
|
-$261K |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$254K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$195K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$135K |
| 5 |
Renaissance Technologies
New York
|
-$66.3K |
DRD Hedge Fund Activity: Q3 2018 in Review
27 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q3 2018, worth a combined $20.3M — up 5.1% from $19.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DRD and 4 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was Ruffer LLP, adding an estimated $1.17M. The largest seller was D.E. Shaw & Co, exiting entirely with an estimated $261K sold.
- 27 institutional investors held DRDGold (DRD) as of Q3 2018, down from 32 in Q2 2018.
- Funds reported $20.3M of DRDGold stock for Q3 2018, up 5.1% quarter-over-quarter.
- 4 funds opened new DRDGold positions in Q3 2018 and 9 closed out, a net change of -5 holders.
- The largest DRDGold buyer in Q3 2018 was Ruffer LLP, an estimated $1.17M added.
- The largest DRDGold seller in Q3 2018 was D.E. Shaw & Co, an estimated $261K sold.
Based on aggregated 13F filings for Q3 2018.