Kinross Gold
250 hedge funds and large institutions have $2.77B invested in Kinross Gold in 2014 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 91 increasing their positions, 88 reducing their positions, and 32 closing their positions.
33% more call options, than puts
Call options by funds: $92.5M | Put options by funds: $69.5M
3% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 88
0% more capital invested
Capital invested by funds: $2.77B → $2.77B (+$704K)
0.03% more ownership
Funds ownership: 58.42% → 58.45% (+0.03%)
3% less funds holding
Funds holding: 258 → 250 (-8)
22% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 32
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$38.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$20.4M |
| 3 |
Millennium Management
New York
|
+$18.9M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$15.3M |
| 5 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$33.3M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
-$25.5M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$24.3M |
| 4 |
DLPIC
Davide Leone & Partners Investment Company
London,
United Kingdom
|
-$23M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$14.3M |
KGC Hedge Fund Activity: Q2 2014 in Review
250 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q2 2014, worth a combined $2.77B — up 0.03% from $2.77B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of KGC and 25 opened new positions — a net loss of 7 holders — while 88 trimmed existing stakes and 91 added.
The largest buyer was Wellington Management Group, adding an estimated $38.7M. The largest seller was Invesco, cutting an estimated $33.3M.
- 250 institutional investors held Kinross Gold (KGC) as of Q2 2014, down from 258 in Q1 2014.
- Funds reported $2.77B of Kinross Gold stock for Q2 2014, up 0.03% quarter-over-quarter.
- 25 funds opened new Kinross Gold positions in Q2 2014 and 32 closed out, a net change of -7 holders.
- The largest Kinross Gold buyer in Q2 2014 was Wellington Management Group, an estimated $38.7M added.
- The largest Kinross Gold seller in Q2 2014 was Invesco, an estimated $33.3M sold.
Based on aggregated 13F filings for Q2 2014.