Kinross Gold
275 hedge funds and large institutions have $2.85B invested in Kinross Gold in 2020 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 84 increasing their positions, 91 reducing their positions, and 44 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 4 → 10 (+6)
9% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 44
0.65% more ownership
Funds ownership: 55.96% → 56.62% (+0.65%)
0% more funds holding
Funds holding: 275 → 275 (0)
8% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 91
8% less call options, than puts
Call options by funds: $9.9M | Put options by funds: $10.7M
14% less capital invested
Capital invested by funds: $3.33B → $2.85B (-$476M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
+$46M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$43.5M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$22.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$21.3M |
| 5 |
CI
CPMG Inc
Dallas,
Texas
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$80.8M |
| 2 |
VanEck Associates
New York
|
-$49.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$45.5M |
| 4 |
TAM
Tocqueville Asset Management
New York
|
-$18.8M |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$17.5M |
KGC Hedge Fund Activity: Q1 2020 in Review
275 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q1 2020, worth a combined $2.85B — down 14% from $3.33B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new KGC positions and 44 closed out — a net gain of 4 holders — while 84 added to existing stakes and 91 trimmed.
The largest buyer was BNP Paribas Asset Management, opening a new position worth an estimated $46M. The largest seller was Morgan Stanley, cutting an estimated $80.8M.
- 275 institutional investors held Kinross Gold (KGC) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $2.85B of Kinross Gold stock for Q1 2020, down 14% quarter-over-quarter.
- 48 funds opened new Kinross Gold positions in Q1 2020 and 44 closed out, a net change of +4 holders.
- The largest Kinross Gold buyer in Q1 2020 was BNP Paribas Asset Management, an estimated $46M added.
- The largest Kinross Gold seller in Q1 2020 was Morgan Stanley, an estimated $80.8M sold.
Based on aggregated 13F filings for Q1 2020.