Kirkland Lake Gold Ltd Ordinary
KL was delisted on the 8th of February, 2022.
140 hedge funds and large institutions have $1.7B invested in Kirkland Lake Gold Ltd Ordinary in 2018 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 53 increasing their positions, 43 reducing their positions, and 11 closing their positions.
182% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 11
23% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 43
15% more funds holding
Funds holding: 122 → 140 (+18)
12% more call options, than puts
Call options by funds: $16.5M | Put options by funds: $14.8M
13% less capital invested
Capital invested by funds: $1.96B → $1.7B (-$263M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$31M |
| 2 |
Goldman Sachs
New York
|
+$29.6M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$22.9M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$21M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$254M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.9M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$33.4M |
| 4 |
PC
Polar Capital
London,
United Kingdom
|
-$20.7M |
| 5 |
D.E. Shaw & Co
New York
|
-$13.9M |
KL Hedge Fund Activity: Q3 2018 in Review
140 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Kirkland Lake Gold Ltd Ordinary (KL) for Q3 2018, worth a combined $1.7B — down 13% from $1.96B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new KL positions and 11 closed out — a net gain of 20 holders — while 53 added to existing stakes and 43 trimmed.
The largest buyer was Millennium Management, adding an estimated $31M. The largest seller was VanEck Associates, cutting an estimated $254M.
- 140 institutional investors held Kirkland Lake Gold Ltd Ordinary (KL) as of Q3 2018, up from 122 in Q2 2018.
- Funds reported $1.7B of Kirkland Lake Gold Ltd Ordinary stock for Q3 2018, down 13% quarter-over-quarter.
- 31 funds opened new Kirkland Lake Gold Ltd Ordinary positions in Q3 2018 and 11 closed out, a net change of +20 holders.
- The largest Kirkland Lake Gold Ltd Ordinary buyer in Q3 2018 was Millennium Management, an estimated $31M added.
- The largest Kirkland Lake Gold Ltd Ordinary seller in Q3 2018 was VanEck Associates, an estimated $254M sold.
Based on aggregated 13F filings for Q3 2018.