IAMGOLD
141 hedge funds and large institutions have $928M invested in IAMGOLD in 2016 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 38 increasing their positions, 47 reducing their positions, and 14 closing their positions.
101% more capital invested
Capital invested by funds: $462M → $928M (+$466M)
79% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 14
7% more funds holding
Funds holding: 132 → 141 (+9)
3.71% more ownership
Funds ownership: 51.28% → 54.99% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 47
56% less call options, than puts
Call options by funds: $12.1M | Put options by funds: $27.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$25.6M |
| 2 |
VanEck Associates
New York
|
+$21.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$16.2M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$13.6M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$7.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$34.7M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$19.6M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$10M |
| 4 |
Bank of New York Mellon
New York
|
-$5.66M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.86M |
IAG Hedge Fund Activity: Q2 2016 in Review
141 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in IAMGOLD (IAG) for Q2 2016, worth a combined $928M — up 101% from $462M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new IAG positions and 14 closed out — a net gain of 11 holders — while 38 added to existing stakes and 47 trimmed.
The largest buyer was Donald Smith & Co, adding an estimated $25.6M. The largest seller was Contrarius Investment Management, cutting an estimated $34.7M.
- 141 institutional investors held IAMGOLD (IAG) as of Q2 2016, up from 132 in Q1 2016.
- Funds reported $928M of IAMGOLD stock for Q2 2016, up 101% quarter-over-quarter.
- 25 funds opened new IAMGOLD positions in Q2 2016 and 14 closed out, a net change of +11 holders.
- The largest IAMGOLD buyer in Q2 2016 was Donald Smith & Co, an estimated $25.6M added.
- The largest IAMGOLD seller in Q2 2016 was Contrarius Investment Management, an estimated $34.7M sold.
Based on aggregated 13F filings for Q2 2016.