Kinross Gold
324 hedge funds and large institutions have $3.03B invested in Kinross Gold in 2023 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 101 increasing their positions, 116 reducing their positions, and 26 closing their positions.
42% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 26
34% more call options, than puts
Call options by funds: $58.7M | Put options by funds: $43.7M
3% more funds holding
Funds holding: 315 → 324 (+9)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
0.25% less ownership
Funds ownership: 53.76% → 53.51% (-0.25%)
4% less capital invested
Capital invested by funds: $3.16B → $3.03B (-$127M)
13% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 116
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$32.5M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$32.4M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$28.2M |
| 4 |
Renaissance Technologies
New York
|
+$16.1M |
| 5 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$37.8M |
| 2 |
Two Sigma Investments
New York
|
-$34.5M |
| 3 |
Morgan Stanley
New York
|
-$22.5M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$15.2M |
| 5 |
Two Sigma Advisers
New York
|
-$15.1M |
KGC Hedge Fund Activity: Q3 2023 in Review
324 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Kinross Gold (KGC) for Q3 2023, worth a combined $3.03B — down 4% from $3.16B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new KGC positions and 26 closed out — a net gain of 11 holders — while 101 added to existing stakes and 116 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $32.5M. The largest seller was VanEck Associates, cutting an estimated $37.8M.
- 324 institutional investors held Kinross Gold (KGC) as of Q3 2023, up from 315 in Q2 2023.
- Funds reported $3.03B of Kinross Gold stock for Q3 2023, down 4% quarter-over-quarter.
- 37 funds opened new Kinross Gold positions in Q3 2023 and 26 closed out, a net change of +11 holders.
- The largest Kinross Gold buyer in Q3 2023 was Balyasny Asset Management, an estimated $32.5M added.
- The largest Kinross Gold seller in Q3 2023 was VanEck Associates, an estimated $37.8M sold.
Based on aggregated 13F filings for Q3 2023.