Kirkland Lake Gold Ltd Ordinary
KL was delisted on the 8th of February, 2022.
312 hedge funds and large institutions have $5.93B invested in Kirkland Lake Gold Ltd Ordinary in 2020 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 103 increasing their positions, 89 reducing their positions, and 42 closing their positions.
98% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 42
40% more capital invested
Capital invested by funds: $4.25B → $5.93B (+$1.68B)
16% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 89
15% more funds holding
Funds holding: 272 → 312 (+40)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
15% less call options, than puts
Call options by funds: $104M | Put options by funds: $122M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$145M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$94.7M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$34.2M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$33M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$123M |
| 2 |
VanEck Associates
New York
|
-$71.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$61.9M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$61.1M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$48.6M |
KL Hedge Fund Activity: Q2 2020 in Review
312 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Kirkland Lake Gold Ltd Ordinary (KL) for Q2 2020, worth a combined $5.93B — up 40% from $4.25B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new KL positions and 42 closed out — a net gain of 41 holders — while 103 added to existing stakes and 89 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $145M. The largest seller was Fidelity Investments, cutting an estimated $123M.
- 312 institutional investors held Kirkland Lake Gold Ltd Ordinary (KL) as of Q2 2020, up from 272 in Q1 2020.
- Funds reported $5.93B of Kirkland Lake Gold Ltd Ordinary stock for Q2 2020, up 40% quarter-over-quarter.
- 83 funds opened new Kirkland Lake Gold Ltd Ordinary positions in Q2 2020 and 42 closed out, a net change of +41 holders.
- The largest Kirkland Lake Gold Ltd Ordinary buyer in Q2 2020 was Fidelity International, an estimated $145M added.
- The largest Kirkland Lake Gold Ltd Ordinary seller in Q2 2020 was Fidelity Investments, an estimated $123M sold.
Based on aggregated 13F filings for Q2 2020.