Kinross Gold
245 hedge funds and large institutions have $3.01B invested in Kinross Gold in 2017 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 85 increasing their positions, 73 reducing their positions, and 25 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 73
16% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 25
0% more funds holding
Funds holding: 245 → 245 (0)
3% less capital invested
Capital invested by funds: $3.1B → $3.01B (-$82.6M)
3.77% less ownership
Funds ownership: 60.64% → 56.87% (-3.8%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
65% less call options, than puts
Call options by funds: $17.3M | Put options by funds: $49.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$28.2M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$23.1M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$18.7M |
| 4 |
Bank of New York Mellon
New York
|
+$15.7M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$209M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$54.9M |
| 3 |
VanEck Associates
New York
|
-$29.2M |
| 4 |
Millennium Management
New York
|
-$22.9M |
| 5 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$21.2M |
KGC Hedge Fund Activity: Q3 2017 in Review
245 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q3 2017, worth a combined $3.01B — down 2.7% from $3.1B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new KGC positions and 25 closed out — a net gain of 4 holders — while 85 added to existing stakes and 73 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $28.2M. The largest seller was Toronto Dominion Bank, cutting an estimated $209M.
- 245 institutional investors held Kinross Gold (KGC) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $3.01B of Kinross Gold stock for Q3 2017, down 2.7% quarter-over-quarter.
- 29 funds opened new Kinross Gold positions in Q3 2017 and 25 closed out, a net change of +4 holders.
- The largest Kinross Gold buyer in Q3 2017 was Renaissance Technologies, an estimated $28.2M added.
- The largest Kinross Gold seller in Q3 2017 was Toronto Dominion Bank, an estimated $209M sold.
Based on aggregated 13F filings for Q3 2017.