Kinross Gold
229 hedge funds and large institutions have $2.74B invested in Kinross Gold in 2016 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 68 increasing their positions, 77 reducing their positions, and 24 closing their positions.
118% more capital invested
Capital invested by funds: $1.26B → $2.74B (+$1.48B)
88% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 24
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
9% more funds holding
Funds holding: 211 → 229 (+18)
4.24% more ownership
Funds ownership: 60.13% → 64.37% (+4.2%)
7% more call options, than puts
Call options by funds: $28.9M | Put options by funds: $26.9M
12% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$85.9M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$37.2M |
| 3 |
Renaissance Technologies
New York
|
+$35M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$33.5M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$32.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$25.4M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$25.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$21.9M |
| 4 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$20.6M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$11.2M |
KGC Hedge Fund Activity: Q1 2016 in Review
229 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q1 2016, worth a combined $2.74B — up 118% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new KGC positions and 24 closed out — a net gain of 21 holders — while 68 added to existing stakes and 77 trimmed.
The largest buyer was Toronto Dominion Bank, adding an estimated $85.9M. The largest seller was Kopernik Global Investors, cutting an estimated $25.4M.
- 229 institutional investors held Kinross Gold (KGC) as of Q1 2016, up from 211 in Q4 2015.
- Funds reported $2.74B of Kinross Gold stock for Q1 2016, up 118% quarter-over-quarter.
- 45 funds opened new Kinross Gold positions in Q1 2016 and 24 closed out, a net change of +21 holders.
- The largest Kinross Gold buyer in Q1 2016 was Toronto Dominion Bank, an estimated $85.9M added.
- The largest Kinross Gold seller in Q1 2016 was Kopernik Global Investors, an estimated $25.4M sold.
Based on aggregated 13F filings for Q1 2016.