Goldgroup Mining
GORO
92 hedge funds and large institutions have $120M invested in Goldgroup Mining in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 14 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
5% more funds holding
Funds holding: 88 → 92 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.49% less ownership
Funds ownership: 52.88% → 49.39% (-3.5%)
36% less capital invested
Capital invested by funds: $187M → $120M (-$66.3M)
79% less call options, than puts
Call options by funds: $269K | Put options by funds: $1.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.8M |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$2.71M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
+$2.57M |
| 4 |
AI
Analytic Investors
Los Angeles,
California
|
+$1.49M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
-$11.2M |
| 2 |
HM
Hochschild Mining
Lima,
Peru
|
-$9.24M |
| 3 |
O
OppenheimerFunds
New York
|
-$5.3M |
| 4 |
BlackRock
New York
|
-$820K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$490K |
GORO Hedge Fund Activity: Q4 2013 in Review
92 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Goldgroup Mining (GORO) for Q4 2013, worth a combined $120M — down 36% from $187M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GORO positions and 14 closed out — a net gain of 4 holders — while 37 added to existing stakes and 24 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $2.8M. The largest seller was Tocqueville Asset Management, cutting an estimated $11.2M.
- 92 institutional investors held Goldgroup Mining (GORO) as of Q4 2013, up from 88 in Q3 2013.
- Funds reported $120M of Goldgroup Mining stock for Q4 2013, down 36% quarter-over-quarter.
- 18 funds opened new Goldgroup Mining positions in Q4 2013 and 14 closed out, a net change of +4 holders.
- The largest Goldgroup Mining buyer in Q4 2013 was Renaissance Technologies, an estimated $2.8M added.
- The largest Goldgroup Mining seller in Q4 2013 was Tocqueville Asset Management, an estimated $11.2M sold.
Based on aggregated 13F filings for Q4 2013.