Kinross Gold
275 hedge funds and large institutions have $3.32B invested in Kinross Gold in 2019 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 99 increasing their positions, 84 reducing their positions, and 31 closing their positions.
39% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 31
18% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 84
7% more capital invested
Capital invested by funds: $3.09B → $3.32B (+$226M)
2.37% more ownership
Funds ownership: 53.59% → 55.96% (+2.4%)
2% more funds holding
Funds holding: 269 → 275 (+6)
18% less call options, than puts
Call options by funds: $13.8M | Put options by funds: $16.8M
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$69.1M |
| 2 |
Two Sigma Investments
New York
|
+$23.8M |
| 3 |
VanEck Associates
New York
|
+$17.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$17.4M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$18.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.2M |
| 3 |
D.E. Shaw & Co
New York
|
-$14.3M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
-$13.8M |
| 5 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$12.9M |
KGC Hedge Fund Activity: Q4 2019 in Review
275 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q4 2019, worth a combined $3.32B — up 7.3% from $3.09B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new KGC positions and 31 closed out — a net gain of 12 holders — while 99 added to existing stakes and 84 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $69.1M. The largest seller was Millennium Management, cutting an estimated $18.7M.
- 275 institutional investors held Kinross Gold (KGC) as of Q4 2019, up from 269 in Q3 2019.
- Funds reported $3.32B of Kinross Gold stock for Q4 2019, up 7.3% quarter-over-quarter.
- 43 funds opened new Kinross Gold positions in Q4 2019 and 31 closed out, a net change of +12 holders.
- The largest Kinross Gold buyer in Q4 2019 was Deutsche Bank, an estimated $69.1M added.
- The largest Kinross Gold seller in Q4 2019 was Millennium Management, an estimated $18.7M sold.
Based on aggregated 13F filings for Q4 2019.