Newmont
NEM
580 hedge funds and large institutions have $16.6B invested in Newmont in 2017 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 206 increasing their positions, 206 reducing their positions, and 42 closing their positions.
50% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 42
38% more funds holding in top 10
Funds holding in top 10: 16 → 22 (+6)
17% more capital invested
Capital invested by funds: $14.2B → $16.6B (+$2.37B)
3% more funds holding
Funds holding: 565 → 580 (+15)
0.61% more ownership
Funds ownership: 81.63% → 82.24% (+0.61%)
0% more repeat investments, than reductions
Existing positions increased: 206 | Existing positions reduced: 206
23% less call options, than puts
Call options by funds: $377M | Put options by funds: $489M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$172M |
| 2 |
First Eagle Investment Management
New York
|
+$93.9M |
| 3 |
Renaissance Technologies
New York
|
+$69.7M |
| 4 |
Millennium Management
New York
|
+$48.7M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$48.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$139M |
| 2 |
VanEck Associates
New York
|
-$85.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$78.2M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$70.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$67.2M |
NEM Hedge Fund Activity: Q3 2017 in Review
580 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Newmont (NEM) for Q3 2017, worth a combined $16.6B — up 17% from $14.2B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new NEM positions and 42 closed out — a net gain of 21 holders — while 206 added to existing stakes and 206 trimmed.
The largest buyer was BlackRock, adding an estimated $172M. The largest seller was APG Asset Management, cutting an estimated $139M.
- 580 institutional investors held Newmont (NEM) as of Q3 2017, up from 565 in Q2 2017.
- Funds reported $16.6B of Newmont stock for Q3 2017, up 17% quarter-over-quarter.
- 63 funds opened new Newmont positions in Q3 2017 and 42 closed out, a net change of +21 holders.
- The largest Newmont buyer in Q3 2017 was BlackRock, an estimated $172M added.
- The largest Newmont seller in Q3 2017 was APG Asset Management, an estimated $139M sold.
Based on aggregated 13F filings for Q3 2017.