Kinross Gold
258 hedge funds and large institutions have $2.77B invested in Kinross Gold in 2014 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 84 increasing their positions, 80 reducing their positions, and 30 closing their positions.
89% more call options, than puts
Call options by funds: $98.2M | Put options by funds: $52.1M
43% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 30
4% more funds holding
Funds holding: 249 → 258 (+9)
2.78% more ownership
Funds ownership: 55.63% → 58.42% (+2.8%)
5% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 80
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less capital invested
Capital invested by funds: $2.84B → $2.77B (-$72M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$51.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$47.9M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$41.5M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$35.1M |
| 5 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$34.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$49.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$34.3M |
| 3 |
TAM
Third Avenue Management
New York
|
-$31.5M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$17.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$17.1M |
KGC Hedge Fund Activity: Q1 2014 in Review
258 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q1 2014, worth a combined $2.77B — down 2.5% from $2.84B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new KGC positions and 30 closed out — a net gain of 13 holders — while 84 added to existing stakes and 80 trimmed.
The largest buyer was Toronto Dominion Bank, adding an estimated $51.4M. The largest seller was VanEck Associates, cutting an estimated $49.2M.
- 258 institutional investors held Kinross Gold (KGC) as of Q1 2014, up from 249 in Q4 2013.
- Funds reported $2.77B of Kinross Gold stock for Q1 2014, down 2.5% quarter-over-quarter.
- 43 funds opened new Kinross Gold positions in Q1 2014 and 30 closed out, a net change of +13 holders.
- The largest Kinross Gold buyer in Q1 2014 was Toronto Dominion Bank, an estimated $51.4M added.
- The largest Kinross Gold seller in Q1 2014 was VanEck Associates, an estimated $49.2M sold.
Based on aggregated 13F filings for Q1 2014.