Kinross Gold
KGC
315 hedge funds and large institutions have $3.16B invested in Kinross Gold in 2023 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 91 increasing their positions, 100 reducing their positions, and 39 closing their positions.
43% more call options, than puts
Call options by funds: $75.3M | Put options by funds: $52.7M
38% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 39
5% more funds holding
Funds holding: 300 → 315 (+15)
1.88% more ownership
Funds ownership: 51.88% → 53.76% (+1.9%)
2% more capital invested
Capital invested by funds: $3.09B → $3.16B (+$67.2M)
9% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 100
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$139M |
| 2 |
Two Sigma Investments
New York
|
+$32.1M |
| 3 |
Two Sigma Advisers
New York
|
+$30.9M |
| 4 |
VanEck Associates
New York
|
+$22.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$22.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
-$71.3M |
| 2 |
NIG
NFJ Investment Group
Dallas,
Texas
|
-$63.7M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$23.4M |
| 4 |
First Eagle Investment Management
New York
|
-$21.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$17.7M |
KGC Hedge Fund Activity: Q2 2023 in Review
315 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q2 2023, worth a combined $3.16B — up 2.2% from $3.09B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new KGC positions and 39 closed out — a net gain of 15 holders — while 91 added to existing stakes and 100 trimmed.
The largest buyer was Norges Bank, adding an estimated $139M. The largest seller was Ruffer LLP, cutting an estimated $71.3M.
- 315 institutional investors held Kinross Gold (KGC) as of Q2 2023, up from 300 in Q1 2023.
- Funds reported $3.16B of Kinross Gold stock for Q2 2023, up 2.2% quarter-over-quarter.
- 54 funds opened new Kinross Gold positions in Q2 2023 and 39 closed out, a net change of +15 holders.
- The largest Kinross Gold buyer in Q2 2023 was Norges Bank, an estimated $139M added.
- The largest Kinross Gold seller in Q2 2023 was Ruffer LLP, an estimated $71.3M sold.
Based on aggregated 13F filings for Q2 2023.