Kirkland Lake Gold Ltd Ordinary
KL was delisted on the 8th of February, 2022.
299 hedge funds and large institutions have $4.46B invested in Kirkland Lake Gold Ltd Ordinary in 2021 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 125 increasing their positions, 90 reducing their positions, and 57 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 90
5% less funds holding
Funds holding: 315 → 299 (-16)
19% less capital invested
Capital invested by funds: $5.52B → $4.46B (-$1.06B)
21% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 57
23% less call options, than puts
Call options by funds: $92.8M | Put options by funds: $121M
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Flossbach Von Storch
Cologne,
Germany
|
+$67.1M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$59.3M |
| 3 |
Two Sigma Investments
New York
|
+$29.3M |
| 4 |
Morgan Stanley
New York
|
+$26.8M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$23.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$162M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$57.3M |
| 3 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$40.9M |
| 4 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$30.2M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$24.4M |
KL Hedge Fund Activity: Q1 2021 in Review
299 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Kirkland Lake Gold Ltd Ordinary (KL) for Q1 2021, worth a combined $4.46B — down 19% from $5.52B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of KL and 45 opened new positions — a net loss of 12 holders — while 90 trimmed existing stakes and 125 added.
The largest buyer was Flossbach Von Storch, adding an estimated $67.1M. The largest seller was VanEck Associates, cutting an estimated $162M.
- 299 institutional investors held Kirkland Lake Gold Ltd Ordinary (KL) as of Q1 2021, down from 315 in Q4 2020.
- Funds reported $4.46B of Kirkland Lake Gold Ltd Ordinary stock for Q1 2021, down 19% quarter-over-quarter.
- 45 funds opened new Kirkland Lake Gold Ltd Ordinary positions in Q1 2021 and 57 closed out, a net change of -12 holders.
- The largest Kirkland Lake Gold Ltd Ordinary buyer in Q1 2021 was Flossbach Von Storch, an estimated $67.1M added.
- The largest Kirkland Lake Gold Ltd Ordinary seller in Q1 2021 was VanEck Associates, an estimated $162M sold.
Based on aggregated 13F filings for Q1 2021.