IAMGOLD
150 hedge funds and large institutions have $456M invested in IAMGOLD in 2014 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 42 increasing their positions, 60 reducing their positions, and 28 closing their positions.
27% more capital invested
Capital invested by funds: $359M → $456M (+$96.8M)
10.09% more ownership
Funds ownership: 34.43% → 44.52% (+10%)
4% less funds holding
Funds holding: 156 → 150 (-6)
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
30% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 60
63% less call options, than puts
Call options by funds: $16.1M | Put options by funds: $43.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$80.8M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$16.5M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$8.53M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.72M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
-$7.58M |
| 2 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$4.75M |
| 3 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$4.72M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.76M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$3.32M |
IAG Hedge Fund Activity: Q4 2014 in Review
150 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in IAMGOLD (IAG) for Q4 2014, worth a combined $456M — up 27% from $359M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of IAG and 24 opened new positions — a net loss of 4 holders — while 60 trimmed existing stakes and 42 added.
The largest buyer was VanEck Associates, adding an estimated $80.8M. The largest seller was Russell Clark Investment Management, exiting entirely with an estimated $7.58M sold.
- 150 institutional investors held IAMGOLD (IAG) as of Q4 2014, down from 156 in Q3 2014.
- Funds reported $456M of IAMGOLD stock for Q4 2014, up 27% quarter-over-quarter.
- 24 funds opened new IAMGOLD positions in Q4 2014 and 28 closed out, a net change of -4 holders.
- The largest IAMGOLD buyer in Q4 2014 was VanEck Associates, an estimated $80.8M added.
- The largest IAMGOLD seller in Q4 2014 was Russell Clark Investment Management, an estimated $7.58M sold.
Based on aggregated 13F filings for Q4 2014.