Kinross Gold
KGC
239 hedge funds and large institutions have $2.21B invested in Kinross Gold in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 85 increasing their positions, 88 reducing their positions, and 29 closing their positions.
29% more call options, than puts
Call options by funds: $73.2M | Put options by funds: $56.6M
0.02% more ownership
Funds ownership: 58.45% → 58.47% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 88
4% less funds holding
Funds holding: 250 → 239 (-11)
20% less capital invested
Capital invested by funds: $2.77B → $2.21B (-$564M)
38% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$49M |
| 2 |
Renaissance Technologies
New York
|
+$17.2M |
| 3 |
DSC
Donald Smith & Co
New York
|
+$17.1M |
| 4 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$13.1M |
| 5 |
Two Sigma Advisers
New York
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$28.9M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$27.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$17.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$16.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$14.8M |
KGC Hedge Fund Activity: Q3 2014 in Review
239 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q3 2014, worth a combined $2.21B — down 20% from $2.77B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of KGC and 18 opened new positions — a net loss of 11 holders — while 88 trimmed existing stakes and 85 added.
The largest buyer was Fidelity Investments, adding an estimated $49M. The largest seller was Contrarius Investment Management, cutting an estimated $28.9M.
- 239 institutional investors held Kinross Gold (KGC) as of Q3 2014, down from 250 in Q2 2014.
- Funds reported $2.21B of Kinross Gold stock for Q3 2014, down 20% quarter-over-quarter.
- 18 funds opened new Kinross Gold positions in Q3 2014 and 29 closed out, a net change of -11 holders.
- The largest Kinross Gold buyer in Q3 2014 was Fidelity Investments, an estimated $49M added.
- The largest Kinross Gold seller in Q3 2014 was Contrarius Investment Management, an estimated $28.9M sold.
Based on aggregated 13F filings for Q3 2014.