Kinross Gold
223 hedge funds and large institutions have $1.58B invested in Kinross Gold in 2015 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 84 increasing their positions, 71 reducing their positions, and 33 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 71
2.12% more ownership
Funds ownership: 59.73% → 61.86% (+2.1%)
5% less call options, than puts
Call options by funds: $15.1M | Put options by funds: $16M
6% less funds holding
Funds holding: 237 → 223 (-14)
18% less capital invested
Capital invested by funds: $1.93B → $1.58B (-$348M)
39% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 33
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.3M |
| 2 |
VanEck Associates
New York
|
+$31.6M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
+$23.1M |
| 4 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$20.7M |
| 5 |
DSC
Donald Smith & Co
New York
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
-$48.6M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$36.9M |
| 3 |
OIA
Oechsle International Advisors
Boston,
Massachusetts
|
-$19.7M |
| 4 |
Legal & General Group
London,
United Kingdom
|
-$10.2M |
| 5 |
Two Sigma Investments
New York
|
-$6.85M |
KGC Hedge Fund Activity: Q1 2015 in Review
223 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q1 2015, worth a combined $1.58B — down 18% from $1.93B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of KGC and 20 opened new positions — a net loss of 13 holders — while 71 trimmed existing stakes and 84 added.
The largest buyer was Vanguard Group, opening a new position worth an estimated $38.3M. The largest seller was Prudential plc, exiting entirely with an estimated $48.6M sold.
- 223 institutional investors held Kinross Gold (KGC) as of Q1 2015, down from 237 in Q4 2014.
- Funds reported $1.58B of Kinross Gold stock for Q1 2015, down 18% quarter-over-quarter.
- 20 funds opened new Kinross Gold positions in Q1 2015 and 33 closed out, a net change of -13 holders.
- The largest Kinross Gold buyer in Q1 2015 was Vanguard Group, an estimated $38.3M added.
- The largest Kinross Gold seller in Q1 2015 was Prudential plc, an estimated $48.6M sold.
Based on aggregated 13F filings for Q1 2015.