Kinross Gold
238 hedge funds and large institutions have $2.69B invested in Kinross Gold in 2017 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 72 increasing their positions, 87 reducing their positions, and 30 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
16% more capital invested
Capital invested by funds: $2.32B → $2.69B (+$361M)
13% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 30
1.52% more ownership
Funds ownership: 59.67% → 61.19% (+1.5%)
0% more funds holding
Funds holding: 237 → 238 (+1)
17% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 87
67% less call options, than puts
Call options by funds: $19.9M | Put options by funds: $60.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$49.9M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$43.6M |
| 3 |
AGA
Altrinsic Global Advisors
Stamford,
Connecticut
|
+$38.9M |
| 4 |
Millennium Management
New York
|
+$23.3M |
| 5 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$21.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$41M |
| 2 |
Bank of New York Mellon
New York
|
-$21.1M |
| 3 |
Renaissance Technologies
New York
|
-$20.9M |
| 4 |
O
OppenheimerFunds
New York
|
-$15.3M |
| 5 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$10.2M |
KGC Hedge Fund Activity: Q1 2017 in Review
238 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q1 2017, worth a combined $2.69B — up 16% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new KGC positions and 30 closed out — a net gain of 4 holders — while 72 added to existing stakes and 87 trimmed.
The largest buyer was VanEck Associates, adding an estimated $49.9M. The largest seller was AQR Capital Management, cutting an estimated $41M.
- 238 institutional investors held Kinross Gold (KGC) as of Q1 2017, up from 237 in Q4 2016.
- Funds reported $2.69B of Kinross Gold stock for Q1 2017, up 16% quarter-over-quarter.
- 34 funds opened new Kinross Gold positions in Q1 2017 and 30 closed out, a net change of +4 holders.
- The largest Kinross Gold buyer in Q1 2017 was VanEck Associates, an estimated $49.9M added.
- The largest Kinross Gold seller in Q1 2017 was AQR Capital Management, an estimated $41M sold.
Based on aggregated 13F filings for Q1 2017.