Kinross Gold
245 hedge funds and large institutions have $3.1B invested in Kinross Gold in 2017 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 59 increasing their positions, 97 reducing their positions, and 23 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
15% more capital invested
Capital invested by funds: $2.69B → $3.1B (+$410M)
3% more funds holding
Funds holding: 238 → 245 (+7)
0% less call options, than puts
Call options by funds: $59.2M | Put options by funds: $59.3M
0.55% less ownership
Funds ownership: 61.19% → 60.64% (-0.55%)
39% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$53.7M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$47.9M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
+$29.3M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$16.2M |
| 5 |
Morgan Stanley
New York
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$99.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$20.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$15.6M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$12.9M |
| 5 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$10.8M |
KGC Hedge Fund Activity: Q2 2017 in Review
245 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q2 2017, worth a combined $3.1B — up 15% from $2.69B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new KGC positions and 23 closed out — a net gain of 8 holders — while 59 added to existing stakes and 97 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $53.7M. The largest seller was VanEck Associates, cutting an estimated $99.5M.
- 245 institutional investors held Kinross Gold (KGC) as of Q2 2017, up from 238 in Q1 2017.
- Funds reported $3.1B of Kinross Gold stock for Q2 2017, up 15% quarter-over-quarter.
- 31 funds opened new Kinross Gold positions in Q2 2017 and 23 closed out, a net change of +8 holders.
- The largest Kinross Gold buyer in Q2 2017 was Adage Capital Partners, an estimated $53.7M added.
- The largest Kinross Gold seller in Q2 2017 was VanEck Associates, an estimated $99.5M sold.
Based on aggregated 13F filings for Q2 2017.