Kinross Gold
321 hedge funds and large institutions have $5.9B invested in Kinross Gold in 2020 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 118 increasing their positions, 105 reducing their positions, and 31 closing their positions.
81% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 31
19% more capital invested
Capital invested by funds: $4.98B → $5.9B (+$922M)
12% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 105
7% more funds holding
Funds holding: 299 → 321 (+22)
2.09% less ownership
Funds ownership: 55.15% → 53.05% (-2.1%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
21% less call options, than puts
Call options by funds: $54.7M | Put options by funds: $69.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$120M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$86.8M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$39.8M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$35.6M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$21.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
-$101M |
| 2 |
Renaissance Technologies
New York
|
-$70.9M |
| 3 |
AGA
Altrinsic Global Advisors
Stamford,
Connecticut
|
-$52.9M |
| 4 |
PCP
Polunin Capital Partners
London,
United Kingdom
|
-$52.8M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$50.7M |
KGC Hedge Fund Activity: Q3 2020 in Review
321 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q3 2020, worth a combined $5.9B — up 19% from $4.98B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new KGC positions and 31 closed out — a net gain of 25 holders — while 118 added to existing stakes and 105 trimmed.
The largest buyer was VanEck Associates, adding an estimated $120M. The largest seller was Ruffer LLP, cutting an estimated $101M.
- 321 institutional investors held Kinross Gold (KGC) as of Q3 2020, up from 299 in Q2 2020.
- Funds reported $5.9B of Kinross Gold stock for Q3 2020, up 19% quarter-over-quarter.
- 56 funds opened new Kinross Gold positions in Q3 2020 and 31 closed out, a net change of +25 holders.
- The largest Kinross Gold buyer in Q3 2020 was VanEck Associates, an estimated $120M added.
- The largest Kinross Gold seller in Q3 2020 was Ruffer LLP, an estimated $101M sold.
Based on aggregated 13F filings for Q3 2020.