Kinross Gold
236 hedge funds and large institutions have $2.49B invested in Kinross Gold in 2018 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 62 increasing their positions, 90 reducing their positions, and 41 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
32% more capital invested
Capital invested by funds: $1.89B → $2.49B (+$604M)
5.68% more ownership
Funds ownership: 55.85% → 61.53% (+5.7%)
4% less funds holding
Funds holding: 245 → 236 (-9)
15% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 41
31% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 90
61% less call options, than puts
Call options by funds: $11M | Put options by funds: $28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$280M |
| 2 |
RL
Ruffer LLP
London,
United Kingdom
|
+$38.4M |
| 3 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$16.4M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
+$13.9M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$87.5M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$23.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.1M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$10.3M |
| 5 |
CI
CPMG Inc
Dallas,
Texas
|
-$9.12M |
KGC Hedge Fund Activity: Q4 2018 in Review
236 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q4 2018, worth a combined $2.49B — up 32% from $1.89B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of KGC and 35 opened new positions — a net loss of 6 holders — while 90 trimmed existing stakes and 62 added.
The largest buyer was VanEck Associates, adding an estimated $280M. The largest seller was JP Morgan Chase, cutting an estimated $87.5M.
- 236 institutional investors held Kinross Gold (KGC) as of Q4 2018, down from 245 in Q3 2018.
- Funds reported $2.49B of Kinross Gold stock for Q4 2018, up 32% quarter-over-quarter.
- 35 funds opened new Kinross Gold positions in Q4 2018 and 41 closed out, a net change of -6 holders.
- The largest Kinross Gold buyer in Q4 2018 was VanEck Associates, an estimated $280M added.
- The largest Kinross Gold seller in Q4 2018 was JP Morgan Chase, an estimated $87.5M sold.
Based on aggregated 13F filings for Q4 2018.