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86 hedge funds and large institutions have $142M invested in DRDGold in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

325% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 8

206% more capital inflows, than outflows

Capital inflows: $49.5M | Capital outflows: $16.2M

180% more call options, than puts

Call options by funds: $1.96M | Put options by funds: $700K

92% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 13

43% more funds holding

Funds holding: 60 → 86 (+26)

3.33% more ownership

Funds ownership: 12.16% → 15.5% (+3.3%)

Holders
86
Holders Change
+26
Holders Change %
+43.33%
% of All Funds
1.35%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
34
Increased
25
Reduced
13
Closed
8
Calls
$1.96M
Puts
$700K
Net Calls
+$1.26M
Net Calls Change
-$835K

DRD Hedge Fund Activity: Q2 2023 in Review

86 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q2 2023, worth a combined $142M — up 41% from $100M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new DRD positions and 8 closed out — a net gain of 26 holders — while 25 added to existing stakes and 13 trimmed.

The largest buyer was Acadian Asset Management, adding an estimated $14.8M. The largest seller was VanEck Associates, cutting an estimated $7.53M.

  • 86 institutional investors held DRDGold (DRD) as of Q2 2023, up from 60 in Q1 2023.
  • Funds reported $142M of DRDGold stock for Q2 2023, up 41% quarter-over-quarter.
  • 34 funds opened new DRDGold positions in Q2 2023 and 8 closed out, a net change of +26 holders.
  • The largest DRDGold buyer in Q2 2023 was Acadian Asset Management, an estimated $14.8M added.
  • The largest DRDGold seller in Q2 2023 was VanEck Associates, an estimated $7.53M sold.

Based on aggregated 13F filings for Q2 2023.