DRDGold
57 hedge funds and large institutions have $132M invested in DRDGold in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 14 closing their positions.
109% more call options, than puts
Call options by funds: $4.24M | Put options by funds: $2.03M
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
8% more funds holding
Funds holding: 53 → 57 (+4)
0.09% more ownership
Funds ownership: 1.2% → 1.29% (+0.09%)
21% less capital invested
Capital invested by funds: $166M → $132M (-$34.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$5.07M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.8M |
| 3 |
VanEck Associates
New York
|
+$3.46M |
| 4 |
PIMJS
PKO Investment Management Joint-Stock
Warsaw,
Poland
|
+$2.66M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
-$9.47M |
| 2 |
Jane Street
New York
|
-$3.73M |
| 3 |
Renaissance Technologies
New York
|
-$2.25M |
| 4 |
SCP
Syntal Capital Partners
Midland,
Texas
|
-$2.12M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$967K |
DRD Hedge Fund Activity: Q3 2020 in Review
57 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q3 2020, worth a combined $132M — down 21% from $166M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new DRD positions and 14 closed out — a net gain of 4 holders — while 17 added to existing stakes and 10 trimmed.
The largest buyer was Paloma Partners, opening a new position worth an estimated $5.07M. The largest seller was Ruffer LLP, cutting an estimated $9.47M.
- 57 institutional investors held DRDGold (DRD) as of Q3 2020, up from 53 in Q2 2020.
- Funds reported $132M of DRDGold stock for Q3 2020, down 21% quarter-over-quarter.
- 18 funds opened new DRDGold positions in Q3 2020 and 14 closed out, a net change of +4 holders.
- The largest DRDGold buyer in Q3 2020 was Paloma Partners, an estimated $5.07M added.
- The largest DRDGold seller in Q3 2020 was Ruffer LLP, an estimated $9.47M sold.
Based on aggregated 13F filings for Q3 2020.