Kinross Gold
237 hedge funds and large institutions have $2.32B invested in Kinross Gold in 2016 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 97 increasing their positions, 72 reducing their positions, and 31 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 72
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
27% more call options, than puts
Call options by funds: $47.2M | Put options by funds: $37.3M
0% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 31
1.87% less ownership
Funds ownership: 61.54% → 59.67% (-1.9%)
2% less funds holding
Funds holding: 243 → 237 (-6)
29% less capital invested
Capital invested by funds: $3.26B → $2.32B (-$931M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$48M |
| 2 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
+$28.6M |
| 3 |
Renaissance Technologies
New York
|
+$16.9M |
| 4 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$16.9M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$117M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$44.5M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$32.2M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$29.7M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$21.9M |
KGC Hedge Fund Activity: Q4 2016 in Review
237 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q4 2016, worth a combined $2.32B — down 29% from $3.26B a quarter earlier.
Fund positioning in KGC was balanced in Q4 2016: 31 funds opened new positions, 31 closed out, 97 added to existing stakes and 72 trimmed.
The largest buyer was Artisan Partners, adding an estimated $48M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $117M sold.
- 237 institutional investors held Kinross Gold (KGC) as of Q4 2016, down from 243 in Q3 2016.
- Funds reported $2.32B of Kinross Gold stock for Q4 2016, down 29% quarter-over-quarter.
- 31 funds opened new Kinross Gold positions in Q4 2016 and 31 closed out, a net change of 0 holders.
- The largest Kinross Gold buyer in Q4 2016 was Artisan Partners, an estimated $48M added.
- The largest Kinross Gold seller in Q4 2016 was Arrowstreet Capital, an estimated $117M sold.
Based on aggregated 13F filings for Q4 2016.