Kinross Gold
KGC
248 hedge funds and large institutions have $2.84B invested in Kinross Gold in 2013 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 75 increasing their positions, 91 reducing their positions, and 37 closing their positions.
52% more call options, than puts
Call options by funds: $116M | Put options by funds: $76.1M
14% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 37
1% more funds holding
Funds holding: 245 → 248 (+3)
1.45% less ownership
Funds ownership: 57.09% → 55.63% (-1.5%)
14% less capital invested
Capital invested by funds: $3.29B → $2.84B (-$450M)
18% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 91
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| 1 |
First Eagle Investment Management
New York
|
+$63.4M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$34.1M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$28.4M |
| 4 |
O
OppenheimerFunds
New York
|
+$19.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$17M |
Top Sellers
KGC Hedge Fund Activity: Q4 2013 in Review
248 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q4 2013, worth a combined $2.84B — down 14% from $3.29B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new KGC positions and 37 closed out — a net gain of 5 holders — while 75 added to existing stakes and 91 trimmed.
The largest buyer was First Eagle Investment Management, adding an estimated $63.4M. The largest seller was Jennison Associates, cutting an estimated $60.7M.
- 248 institutional investors held Kinross Gold (KGC) as of Q4 2013, up from 245 in Q3 2013.
- Funds reported $2.84B of Kinross Gold stock for Q4 2013, down 14% quarter-over-quarter.
- 42 funds opened new Kinross Gold positions in Q4 2013 and 37 closed out, a net change of +5 holders.
- The largest Kinross Gold buyer in Q4 2013 was First Eagle Investment Management, an estimated $63.4M added.
- The largest Kinross Gold seller in Q4 2013 was Jennison Associates, an estimated $60.7M sold.
Based on aggregated 13F filings for Q4 2013.