Kinross Gold
269 hedge funds and large institutions have $3.09B invested in Kinross Gold in 2019 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 90 increasing their positions, 76 reducing their positions, and 19 closing their positions.
174% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 19
18% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 76
14% more funds holding
Funds holding: 236 → 269 (+33)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
1% less call options, than puts
Call options by funds: $8.77M | Put options by funds: $8.88M
2.64% less ownership
Funds ownership: 56.24% → 53.59% (-2.6%)
29% less capital inflows, than outflows
Capital inflows: $348M | Capital outflows: $492M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$29.8M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$24.2M |
| 3 |
Renaissance Technologies
New York
|
+$24M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
+$22.6M |
| 5 |
Millennium Management
New York
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ruffer LLP
London,
United Kingdom
|
-$113M |
| 2 |
Donald Smith & Co
New York
|
-$108M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$40.6M |
| 4 |
AGA
Altrinsic Global Advisors
Stamford,
Connecticut
|
-$31.2M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$17.8M |
KGC Hedge Fund Activity: Q3 2019 in Review
269 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q3 2019, worth a combined $3.09B — up 13% from $2.73B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new KGC positions and 19 closed out — a net gain of 33 holders — while 90 added to existing stakes and 76 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $29.8M. The largest seller was Ruffer LLP, cutting an estimated $113M.
- 269 institutional investors held Kinross Gold (KGC) as of Q3 2019, up from 236 in Q2 2019.
- Funds reported $3.09B of Kinross Gold stock for Q3 2019, up 13% quarter-over-quarter.
- 52 funds opened new Kinross Gold positions in Q3 2019 and 19 closed out, a net change of +33 holders.
- The largest Kinross Gold buyer in Q3 2019 was Victory Capital Management, an estimated $29.8M added.
- The largest Kinross Gold seller in Q3 2019 was Ruffer LLP, an estimated $113M sold.
Based on aggregated 13F filings for Q3 2019.