Kinross Gold
KGC
299 hedge funds and large institutions have $4.98B invested in Kinross Gold in 2020 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 86 increasing their positions, 101 reducing their positions, and 46 closing their positions.
76% more capital invested
Capital invested by funds: $2.82B → $4.98B (+$2.15B)
52% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 46
9% more funds holding
Funds holding: 275 → 299 (+24)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
1.92% less ownership
Funds ownership: 57.07% → 55.15% (-1.9%)
14% less call options, than puts
Call options by funds: $37.7M | Put options by funds: $43.8M
15% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 101
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$107M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$99.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$60.6M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$42.9M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$30M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$89.9M |
| 2 |
Renaissance Technologies
New York
|
-$66.4M |
| 3 |
DSC
Donald Smith & Co
New York
|
-$47.5M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$40.9M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$40.1M |
KGC Hedge Fund Activity: Q2 2020 in Review
299 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q2 2020, worth a combined $4.98B — up 76% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new KGC positions and 46 closed out — a net gain of 24 holders — while 86 added to existing stakes and 101 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $107M. The largest seller was VanEck Associates, cutting an estimated $89.9M.
- 299 institutional investors held Kinross Gold (KGC) as of Q2 2020, up from 275 in Q1 2020.
- Funds reported $4.98B of Kinross Gold stock for Q2 2020, up 76% quarter-over-quarter.
- 70 funds opened new Kinross Gold positions in Q2 2020 and 46 closed out, a net change of +24 holders.
- The largest Kinross Gold buyer in Q2 2020 was Fidelity International, an estimated $107M added.
- The largest Kinross Gold seller in Q2 2020 was VanEck Associates, an estimated $89.9M sold.
Based on aggregated 13F filings for Q2 2020.