Kirkland Lake Gold Ltd Ordinary
KL was delisted on the 8th of February, 2022.
315 hedge funds and large institutions have $5.52B invested in Kirkland Lake Gold Ltd Ordinary in 2020 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 114 increasing their positions, 112 reducing their positions, and 61 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 112
5% less funds holding
Funds holding: 331 → 315 (-16)
11% less call options, than puts
Call options by funds: $111M | Put options by funds: $125M
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
20% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 61
20% less capital invested
Capital invested by funds: $6.88B → $5.52B (-$1.36B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Flossbach Von Storch
Cologne,
Germany
|
+$81.7M |
| 2 |
VanEck Associates
New York
|
+$80.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$61.5M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$39.3M |
| 5 |
First Eagle Investment Management
New York
|
+$38.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$203M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$141M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$57.8M |
| 4 |
CI
CPMG Inc
Dallas,
Texas
|
-$36.5M |
| 5 |
Renaissance Technologies
New York
|
-$34.7M |
KL Hedge Fund Activity: Q4 2020 in Review
315 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Kirkland Lake Gold Ltd Ordinary (KL) for Q4 2020, worth a combined $5.52B — down 20% from $6.88B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of KL and 49 opened new positions — a net loss of 12 holders — while 112 trimmed existing stakes and 114 added.
The largest buyer was Flossbach Von Storch, adding an estimated $81.7M. The largest seller was Fidelity International, exiting entirely with an estimated $203M sold.
- 315 institutional investors held Kirkland Lake Gold Ltd Ordinary (KL) as of Q4 2020, down from 331 in Q3 2020.
- Funds reported $5.52B of Kirkland Lake Gold Ltd Ordinary stock for Q4 2020, down 20% quarter-over-quarter.
- 49 funds opened new Kirkland Lake Gold Ltd Ordinary positions in Q4 2020 and 61 closed out, a net change of -12 holders.
- The largest Kirkland Lake Gold Ltd Ordinary buyer in Q4 2020 was Flossbach Von Storch, an estimated $81.7M added.
- The largest Kirkland Lake Gold Ltd Ordinary seller in Q4 2020 was Fidelity International, an estimated $203M sold.
Based on aggregated 13F filings for Q4 2020.