Newmont
1,245 hedge funds and large institutions have $43.4B invested in Newmont in 2024 Q3 according to their latest regulatory filings, with 203 funds opening new positions, 439 increasing their positions, 443 reducing their positions, and 75 closing their positions.
171% more first-time investments, than exits
New positions opened: 203 | Existing positions closed: 75
59% more funds holding in top 10
Funds holding in top 10: 29 → 46 (+17)
28% more capital invested
Capital invested by funds: $33.8B → $43.4B (+$9.61B)
11% more funds holding
Funds holding: 1,125 → 1,245 (+120)
0.66% more ownership
Funds ownership: 69.87% → 70.53% (+0.66%)
1% less repeat investments, than reductions
Existing positions increased: 439 | Existing positions reduced: 443
18% less call options, than puts
Call options by funds: $1.56B | Put options by funds: $1.92B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$164M |
| 2 |
Citigroup
New York
|
+$114M |
| 3 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
+$91.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$89.6M |
| 5 |
First Eagle Investment Management
New York
|
+$76.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$334M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$153M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$98.9M |
| 4 |
VanEck Associates
New York
|
-$97.8M |
| 5 |
State Street
Boston,
Massachusetts
|
-$88.7M |
NEM Hedge Fund Activity: Q3 2024 in Review
1,245 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Newmont (NEM) for Q3 2024, worth a combined $43.4B — up 28% from $33.8B a quarter earlier.
Buyers outnumbered sellers: 203 funds opened new NEM positions and 75 closed out — a net gain of 128 holders — while 439 added to existing stakes and 443 trimmed.
The largest buyer was Orbis Allan Gray, adding an estimated $164M. The largest seller was Bank of New York Mellon, cutting an estimated $334M.
- 1,245 institutional investors held Newmont (NEM) as of Q3 2024, up from 1,125 in Q2 2024.
- Funds reported $43.4B of Newmont stock for Q3 2024, up 28% quarter-over-quarter.
- 203 funds opened new Newmont positions in Q3 2024 and 75 closed out, a net change of +128 holders.
- The largest Newmont buyer in Q3 2024 was Orbis Allan Gray, an estimated $164M added.
- The largest Newmont seller in Q3 2024 was Bank of New York Mellon, an estimated $334M sold.
Based on aggregated 13F filings for Q3 2024.