Kinross Gold
237 hedge funds and large institutions have $1.93B invested in Kinross Gold in 2014 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 81 increasing their positions, 83 reducing their positions, and 31 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
1.26% more ownership
Funds ownership: 58.47% → 59.73% (+1.3%)
2% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 83
3% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 31
1% less funds holding
Funds holding: 240 → 237 (-3)
13% less capital invested
Capital invested by funds: $2.21B → $1.93B (-$281M)
46% less call options, than puts
Call options by funds: $24.2M | Put options by funds: $45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$73.9M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$58.1M |
| 3 |
VanEck Associates
New York
|
+$32.3M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$22.4M |
| 5 |
Renaissance Technologies
New York
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$68.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.7M |
| 3 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$37.6M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
-$30.2M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$21.7M |
KGC Hedge Fund Activity: Q4 2014 in Review
237 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q4 2014, worth a combined $1.93B — down 13% from $2.21B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of KGC and 30 opened new positions — a net loss of 1 holder — while 83 trimmed existing stakes and 81 added.
The largest buyer was Donald Smith & Co, adding an estimated $73.9M. The largest seller was First Eagle Investment Management, cutting an estimated $68.4M.
- 237 institutional investors held Kinross Gold (KGC) as of Q4 2014, down from 240 in Q3 2014.
- Funds reported $1.93B of Kinross Gold stock for Q4 2014, down 13% quarter-over-quarter.
- 30 funds opened new Kinross Gold positions in Q4 2014 and 31 closed out, a net change of -1 holder.
- The largest Kinross Gold buyer in Q4 2014 was Donald Smith & Co, an estimated $73.9M added.
- The largest Kinross Gold seller in Q4 2014 was First Eagle Investment Management, an estimated $68.4M sold.
Based on aggregated 13F filings for Q4 2014.