Newmont
NEM
933 hedge funds and large institutions have $40.1B invested in Newmont in 2020 Q2 according to their latest regulatory filings, with 183 funds opening new positions, 323 increasing their positions, 320 reducing their positions, and 56 closing their positions.
227% more first-time investments, than exits
New positions opened: 183 | Existing positions closed: 56
34% more capital invested
Capital invested by funds: $30B → $40.1B (+$10.1B)
15% more funds holding
Funds holding: 812 → 933 (+121)
1% more repeat investments, than reductions
Existing positions increased: 323 | Existing positions reduced: 320
0.96% less ownership
Funds ownership: 81.98% → 81.02% (-0.96%)
9% less call options, than puts
Call options by funds: $719M | Put options by funds: $788M
2% less funds holding in top 10
Funds holding in top 10: 51 → 50 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$251M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$167M |
| 3 |
Millennium Management
New York
|
+$164M |
| 4 |
Flossbach Von Storch
Cologne,
Germany
|
+$151M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$146M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.06B |
| 2 |
BlackRock
New York
|
-$700M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$143M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$102M |
| 5 |
RL
Ruffer LLP
London,
United Kingdom
|
-$100M |
NEM Hedge Fund Activity: Q2 2020 in Review
933 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Newmont (NEM) for Q2 2020, worth a combined $40.1B — up 34% from $30B a quarter earlier.
Buyers outnumbered sellers: 183 funds opened new NEM positions and 56 closed out — a net gain of 127 holders — while 323 added to existing stakes and 320 trimmed.
The largest buyer was GQG Partners, opening a new position worth an estimated $251M. The largest seller was Vanguard Group, cutting an estimated $1.06B.
- 933 institutional investors held Newmont (NEM) as of Q2 2020, up from 812 in Q1 2020.
- Funds reported $40.1B of Newmont stock for Q2 2020, up 34% quarter-over-quarter.
- 183 funds opened new Newmont positions in Q2 2020 and 56 closed out, a net change of +127 holders.
- The largest Newmont buyer in Q2 2020 was GQG Partners, an estimated $251M added.
- The largest Newmont seller in Q2 2020 was Vanguard Group, an estimated $1.06B sold.
Based on aggregated 13F filings for Q2 2020.