Kinross Gold
KGC
248 hedge funds and large institutions have $3.86B invested in Kinross Gold in 2016 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 71 increasing their positions, 96 reducing their positions, and 19 closing their positions.
121% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 19
111% more call options, than puts
Call options by funds: $81.5M | Put options by funds: $38.6M
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
41% more capital invested
Capital invested by funds: $2.74B → $3.86B (+$1.12B)
9% more funds holding
Funds holding: 228 → 248 (+20)
1.18% less ownership
Funds ownership: 64.37% → 63.2% (-1.2%)
26% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$73.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$65.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$55M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.5M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$28.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$90M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$58.8M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
-$42.9M |
| 4 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$39.7M |
| 5 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$31.2M |
KGC Hedge Fund Activity: Q2 2016 in Review
248 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q2 2016, worth a combined $3.86B — up 41% from $2.74B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new KGC positions and 19 closed out — a net gain of 23 holders — while 71 added to existing stakes and 96 trimmed.
The largest buyer was Odey Asset Management Group, opening a new position worth an estimated $73.9M. The largest seller was Toronto Dominion Bank, cutting an estimated $90M.
- 248 institutional investors held Kinross Gold (KGC) as of Q2 2016, up from 228 in Q1 2016.
- Funds reported $3.86B of Kinross Gold stock for Q2 2016, up 41% quarter-over-quarter.
- 42 funds opened new Kinross Gold positions in Q2 2016 and 19 closed out, a net change of +23 holders.
- The largest Kinross Gold buyer in Q2 2016 was Odey Asset Management Group, an estimated $73.9M added.
- The largest Kinross Gold seller in Q2 2016 was Toronto Dominion Bank, an estimated $90M sold.
Based on aggregated 13F filings for Q2 2016.