IAMGOLD
148 hedge funds and large institutions have $595M invested in IAMGOLD in 2014 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 41 increasing their positions, 68 reducing their positions, and 17 closing their positions.
21% more capital invested
Capital invested by funds: $491M → $595M (+$103M)
1.25% more ownership
Funds ownership: 37% → 38.26% (+1.3%)
2% less funds holding
Funds holding: 151 → 148 (-3)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
40% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 68
82% less call options, than puts
Call options by funds: $15.7M | Put options by funds: $87.2M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$27.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$15.8M |
| 3 |
Renaissance Technologies
New York
|
+$14.5M |
| 4 |
Two Sigma Investments
New York
|
+$6.05M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$5.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$12.4M |
| 2 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
-$8.55M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$5.56M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.44M |
| 5 |
VanEck Associates
New York
|
-$3.84M |
IAG Hedge Fund Activity: Q2 2014 in Review
148 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in IAMGOLD (IAG) for Q2 2014, worth a combined $595M — up 21% from $491M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of IAG and 14 opened new positions — a net loss of 3 holders — while 68 trimmed existing stakes and 41 added.
The largest buyer was Tocqueville Asset Management, opening a new position worth an estimated $27.4M. The largest seller was Sun Valley Gold, cutting an estimated $12.4M.
- 148 institutional investors held IAMGOLD (IAG) as of Q2 2014, down from 151 in Q1 2014.
- Funds reported $595M of IAMGOLD stock for Q2 2014, up 21% quarter-over-quarter.
- 14 funds opened new IAMGOLD positions in Q2 2014 and 17 closed out, a net change of -3 holders.
- The largest IAMGOLD buyer in Q2 2014 was Tocqueville Asset Management, an estimated $27.4M added.
- The largest IAMGOLD seller in Q2 2014 was Sun Valley Gold, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2014.