Kinross Gold
230 hedge funds and large institutions have $1.61B invested in Kinross Gold in 2015 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 64 increasing their positions, 85 reducing their positions, and 16 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
21% more call options, than puts
Call options by funds: $18.1M | Put options by funds: $14.9M
3% more funds holding
Funds holding: 223 → 230 (+7)
2% more capital invested
Capital invested by funds: $1.58B → $1.61B (+$24.6M)
1.57% less ownership
Funds ownership: 61.86% → 60.29% (-1.6%)
25% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$52.8M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$26M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$22.7M |
| 4 |
Renaissance Technologies
New York
|
+$16.7M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$116M |
| 2 |
Lazard Asset Management
New York
|
-$23M |
| 3 |
VanEck Associates
New York
|
-$19.1M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$8.95M |
| 5 |
O
OppenheimerFunds
New York
|
-$8.6M |
KGC Hedge Fund Activity: Q2 2015 in Review
230 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q2 2015, worth a combined $1.61B — up 1.6% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new KGC positions and 16 closed out — a net gain of 8 holders — while 64 added to existing stakes and 85 trimmed.
The largest buyer was Donald Smith & Co, adding an estimated $52.8M. The largest seller was First Eagle Investment Management, cutting an estimated $116M.
- 230 institutional investors held Kinross Gold (KGC) as of Q2 2015, up from 223 in Q1 2015.
- Funds reported $1.61B of Kinross Gold stock for Q2 2015, up 1.6% quarter-over-quarter.
- 24 funds opened new Kinross Gold positions in Q2 2015 and 16 closed out, a net change of +8 holders.
- The largest Kinross Gold buyer in Q2 2015 was Donald Smith & Co, an estimated $52.8M added.
- The largest Kinross Gold seller in Q2 2015 was First Eagle Investment Management, an estimated $116M sold.
Based on aggregated 13F filings for Q2 2015.