Kinross Gold
244 hedge funds and large institutions have $2.62B invested in Kinross Gold in 2018 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 77 increasing their positions, 81 reducing their positions, and 23 closing their positions.
0.23% less ownership
Funds ownership: 55.93% → 55.7% (-0.23%)
1% less funds holding
Funds holding: 246 → 244 (-2)
5% less capital invested
Capital invested by funds: $2.76B → $2.62B (-$134M)
5% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 81
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
59% less call options, than puts
Call options by funds: $8.47M | Put options by funds: $20.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$29M |
| 2 |
Renaissance Technologies
New York
|
+$25.3M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
+$20.8M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$19.3M |
| 5 |
First Eagle Investment Management
New York
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$24.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$21.2M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$11.7M |
| 4 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
-$11.4M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$8.16M |
KGC Hedge Fund Activity: Q2 2018 in Review
244 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q2 2018, worth a combined $2.62B — down 4.9% from $2.76B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of KGC and 21 opened new positions — a net loss of 2 holders — while 81 trimmed existing stakes and 77 added.
The largest buyer was VanEck Associates, adding an estimated $29M. The largest seller was Contrarius Investment Management, cutting an estimated $24.8M.
- 244 institutional investors held Kinross Gold (KGC) as of Q2 2018, down from 246 in Q1 2018.
- Funds reported $2.62B of Kinross Gold stock for Q2 2018, down 4.9% quarter-over-quarter.
- 21 funds opened new Kinross Gold positions in Q2 2018 and 23 closed out, a net change of -2 holders.
- The largest Kinross Gold buyer in Q2 2018 was VanEck Associates, an estimated $29M added.
- The largest Kinross Gold seller in Q2 2018 was Contrarius Investment Management, an estimated $24.8M sold.
Based on aggregated 13F filings for Q2 2018.