Newmont
1,054 hedge funds and large institutions have $28.4B invested in Newmont in 2024 Q1 according to their latest regulatory filings, with 111 funds opening new positions, 445 increasing their positions, 364 reducing their positions, and 141 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 445 | Existing positions reduced: 364
13% more funds holding in top 10
Funds holding in top 10: 24 → 27 (+3)
1.2% less ownership
Funds ownership: 69.72% → 68.52% (-1.2%)
4% less funds holding
Funds holding: 1,098 → 1,054 (-44)
15% less capital invested
Capital invested by funds: $33.2B → $28.4B (-$4.87B)
21% less first-time investments, than exits
New positions opened: 111 | Existing positions closed: 141
25% less call options, than puts
Call options by funds: $1.03B | Put options by funds: $1.37B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$558M |
| 2 |
Bank of New York Mellon
New York
|
+$228M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$132M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$122M |
| 5 |
Millennium Management
New York
|
+$86.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$620M |
| 2 |
Morgan Stanley
New York
|
-$349M |
| 3 |
First Eagle Investment Management
New York
|
-$216M |
| 4 |
BlackRock
New York
|
-$177M |
| 5 |
Barclays
London,
United Kingdom
|
-$149M |
NEM Hedge Fund Activity: Q1 2024 in Review
1,054 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Newmont (NEM) for Q1 2024, worth a combined $28.4B — down 15% from $33.2B a quarter earlier.
Sellers outnumbered buyers: 141 funds closed out of NEM and 111 opened new positions — a net loss of 30 holders — while 364 trimmed existing stakes and 445 added.
The largest buyer was Vanguard Group, adding an estimated $558M. The largest seller was Charles Schwab, cutting an estimated $620M.
- 1,054 institutional investors held Newmont (NEM) as of Q1 2024, down from 1,098 in Q4 2023.
- Funds reported $28.4B of Newmont stock for Q1 2024, down 15% quarter-over-quarter.
- 111 funds opened new Newmont positions in Q1 2024 and 141 closed out, a net change of -30 holders.
- The largest Newmont buyer in Q1 2024 was Vanguard Group, an estimated $558M added.
- The largest Newmont seller in Q1 2024 was Charles Schwab, an estimated $620M sold.
Based on aggregated 13F filings for Q1 2024.