Newmont
NEM
581 hedge funds and large institutions have $10.8B invested in Newmont in 2016 Q1 according to their latest regulatory filings, with 98 funds opening new positions, 179 increasing their positions, 217 reducing their positions, and 49 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 6 → 16 (+10)
100% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 49
48% more capital invested
Capital invested by funds: $7.33B → $10.8B (+$3.49B)
35% more call options, than puts
Call options by funds: $316M | Put options by funds: $233M
8% more funds holding
Funds holding: 538 → 581 (+43)
1.79% more ownership
Funds ownership: 76.45% → 78.24% (+1.8%)
18% less repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 217
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$293M |
| 2 |
BG
BlackRock Group
London,
United Kingdom
|
+$80.2M |
| 3 |
Royal London Asset Management
United Kingdom
|
+$74.5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$74M |
| 5 |
D.E. Shaw & Co
New York
|
+$65.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$126M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$111M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$70.6M |
| 4 |
GTP
Global Thematic Partners
New York
|
-$69.4M |
| 5 |
Millennium Management
New York
|
-$53M |
NEM Hedge Fund Activity: Q1 2016 in Review
581 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Newmont (NEM) for Q1 2016, worth a combined $10.8B — up 48% from $7.33B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new NEM positions and 49 closed out — a net gain of 49 holders — while 179 added to existing stakes and 217 trimmed.
The largest buyer was Carmignac Gestion, opening a new position worth an estimated $293M. The largest seller was Bank of New York Mellon, cutting an estimated $126M.
- 581 institutional investors held Newmont (NEM) as of Q1 2016, up from 538 in Q4 2015.
- Funds reported $10.8B of Newmont stock for Q1 2016, up 48% quarter-over-quarter.
- 98 funds opened new Newmont positions in Q1 2016 and 49 closed out, a net change of +49 holders.
- The largest Newmont buyer in Q1 2016 was Carmignac Gestion, an estimated $293M added.
- The largest Newmont seller in Q1 2016 was Bank of New York Mellon, an estimated $126M sold.
Based on aggregated 13F filings for Q1 2016.