Kinross Gold
300 hedge funds and large institutions have $3.09B invested in Kinross Gold in 2023 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 95 increasing their positions, 106 reducing their positions, and 38 closing their positions.
80% more call options, than puts
Call options by funds: $78.9M | Put options by funds: $43.9M
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
21% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 38
10% more capital invested
Capital invested by funds: $2.82B → $3.09B (+$273M)
1% more funds holding
Funds holding: 298 → 300 (+2)
2.78% less ownership
Funds ownership: 54.67% → 51.88% (-2.8%)
10% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 106
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
+$80.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$53.5M |
| 3 |
VanEck Associates
New York
|
+$30.9M |
| 4 |
Two Sigma Investments
New York
|
+$17.9M |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$295M |
| 2 |
Millennium Management
New York
|
-$52.4M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$43.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$33.9M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$14.8M |
KGC Hedge Fund Activity: Q1 2023 in Review
300 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q1 2023, worth a combined $3.09B — up 9.7% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new KGC positions and 38 closed out — a net gain of 8 holders — while 95 added to existing stakes and 106 trimmed.
The largest buyer was Ruffer LLP, adding an estimated $80.5M. The largest seller was Barclays, cutting an estimated $295M.
- 300 institutional investors held Kinross Gold (KGC) as of Q1 2023, up from 298 in Q4 2022.
- Funds reported $3.09B of Kinross Gold stock for Q1 2023, up 9.7% quarter-over-quarter.
- 46 funds opened new Kinross Gold positions in Q1 2023 and 38 closed out, a net change of +8 holders.
- The largest Kinross Gold buyer in Q1 2023 was Ruffer LLP, an estimated $80.5M added.
- The largest Kinross Gold seller in Q1 2023 was Barclays, an estimated $295M sold.
Based on aggregated 13F filings for Q1 2023.