DRDGold
79 hedge funds and large institutions have $88.5M invested in DRDGold in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 27 reducing their positions, and 15 closing their positions.
4% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 27
1.73% less ownership
Funds ownership: 13.66% → 11.93% (-1.7%)
5% less funds holding
Funds holding: 83 → 79 (-4)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
62% less call options, than puts
Call options by funds: $1.24M | Put options by funds: $3.27M
63% less capital inflows, than outflows
Capital inflows: $7.27M | Capital outflows: $19.8M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$1.55M |
| 2 |
Jane Street
New York
|
+$660K |
| 3 |
Goldman Sachs
New York
|
+$656K |
| 4 |
JP Morgan Chase
New York
|
+$608K |
| 5 |
Vident Advisory
Alpharetta,
Georgia
|
+$572K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$10.4M |
| 2 |
Millennium Management
New York
|
-$2.26M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.09M |
| 4 |
Renaissance Technologies
New York
|
-$961K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$770K |
DRD Hedge Fund Activity: Q2 2024 in Review
79 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in DRDGold (DRD) for Q2 2024, worth a combined $88.5M — down 8.4% from $96.6M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of DRD and 11 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 26 added.
The largest buyer was American Century Companies, adding an estimated $1.55M. The largest seller was VanEck Associates, cutting an estimated $10.4M.
- 79 institutional investors held DRDGold (DRD) as of Q2 2024, down from 83 in Q1 2024.
- Funds reported $88.5M of DRDGold stock for Q2 2024, down 8.4% quarter-over-quarter.
- 11 funds opened new DRDGold positions in Q2 2024 and 15 closed out, a net change of -4 holders.
- The largest DRDGold buyer in Q2 2024 was American Century Companies, an estimated $1.55M added.
- The largest DRDGold seller in Q2 2024 was VanEck Associates, an estimated $10.4M sold.
Based on aggregated 13F filings for Q2 2024.