Kinross Gold
KGC
248 hedge funds and large institutions have $2.6B invested in Kinross Gold in 2019 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 71 increasing their positions, 76 reducing their positions, and 21 closing their positions.
67% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 21
5% more funds holding
Funds holding: 236 → 248 (+12)
5% more capital invested
Capital invested by funds: $2.48B → $2.6B (+$117M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
7% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 76
1.14% less ownership
Funds ownership: 61.53% → 60.38% (-1.1%)
40% less call options, than puts
Call options by funds: $6.26M | Put options by funds: $10.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$36.3M |
| 2 |
PCP
Polunin Capital Partners
London,
United Kingdom
|
+$31.7M |
| 3 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
+$14.4M |
| 4 |
Renaissance Technologies
New York
|
+$10.1M |
| 5 |
Millennium Management
New York
|
+$7.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$36.3M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$18.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$16M |
| 4 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$14.6M |
| 5 |
Bank of New York Mellon
New York
|
-$12.9M |
KGC Hedge Fund Activity: Q1 2019 in Review
248 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q1 2019, worth a combined $2.6B — up 4.7% from $2.48B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new KGC positions and 21 closed out — a net gain of 14 holders — while 71 added to existing stakes and 76 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $36.3M. The largest seller was VanEck Associates, cutting an estimated $36.3M.
- 248 institutional investors held Kinross Gold (KGC) as of Q1 2019, up from 236 in Q4 2018.
- Funds reported $2.6B of Kinross Gold stock for Q1 2019, up 4.7% quarter-over-quarter.
- 35 funds opened new Kinross Gold positions in Q1 2019 and 21 closed out, a net change of +14 holders.
- The largest Kinross Gold buyer in Q1 2019 was Morgan Stanley, an estimated $36.3M added.
- The largest Kinross Gold seller in Q1 2019 was VanEck Associates, an estimated $36.3M sold.
Based on aggregated 13F filings for Q1 2019.