Kirkland Lake Gold Ltd Ordinary
KL was delisted on the 8th of February, 2022.
331 hedge funds and large institutions have $6.88B invested in Kirkland Lake Gold Ltd Ordinary in 2020 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 122 increasing their positions, 111 reducing their positions, and 34 closing their positions.
62% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 34
16% more capital invested
Capital invested by funds: $5.93B → $6.88B (+$956M)
6% more funds holding
Funds holding: 312 → 331 (+19)
10% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 111
7% less call options, than puts
Call options by funds: $115M | Put options by funds: $123M
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$108M |
| 2 |
Flossbach Von Storch
Cologne,
Germany
|
+$38.6M |
| 3 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$33.3M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$32.2M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$26.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$105M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$74.7M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$41.3M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$38.9M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$36.2M |
KL Hedge Fund Activity: Q3 2020 in Review
331 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Kirkland Lake Gold Ltd Ordinary (KL) for Q3 2020, worth a combined $6.88B — up 16% from $5.93B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new KL positions and 34 closed out — a net gain of 21 holders — while 122 added to existing stakes and 111 trimmed.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $108M. The largest seller was Arrowstreet Capital, cutting an estimated $105M.
- 331 institutional investors held Kirkland Lake Gold Ltd Ordinary (KL) as of Q3 2020, up from 312 in Q2 2020.
- Funds reported $6.88B of Kirkland Lake Gold Ltd Ordinary stock for Q3 2020, up 16% quarter-over-quarter.
- 55 funds opened new Kirkland Lake Gold Ltd Ordinary positions in Q3 2020 and 34 closed out, a net change of +21 holders.
- The largest Kirkland Lake Gold Ltd Ordinary buyer in Q3 2020 was Bank of Nova Scotia, an estimated $108M added.
- The largest Kirkland Lake Gold Ltd Ordinary seller in Q3 2020 was Arrowstreet Capital, an estimated $105M sold.
Based on aggregated 13F filings for Q3 2020.