Newmont
NEM
965 hedge funds and large institutions have $41B invested in Newmont in 2020 Q3 according to their latest regulatory filings, with 121 funds opening new positions, 369 increasing their positions, 342 reducing their positions, and 80 closing their positions.
51% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 80
3% more funds holding
Funds holding: 933 → 965 (+32)
8% more repeat investments, than reductions
Existing positions increased: 369 | Existing positions reduced: 342
2% more capital invested
Capital invested by funds: $40.1B → $41B (+$816M)
0.58% less ownership
Funds ownership: 81.02% → 80.44% (-0.58%)
6% less funds holding in top 10
Funds holding in top 10: 50 → 47 (-3)
19% less call options, than puts
Call options by funds: $735M | Put options by funds: $903M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$231M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$205M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$121M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$102M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$74.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$316M |
| 2 |
VanEck Associates
New York
|
-$224M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$144M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$115M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$110M |
NEM Hedge Fund Activity: Q3 2020 in Review
965 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Newmont (NEM) for Q3 2020, worth a combined $41B — up 2% from $40.1B a quarter earlier.
Buyers outnumbered sellers: 121 funds opened new NEM positions and 80 closed out — a net gain of 41 holders — while 369 added to existing stakes and 342 trimmed.
The largest buyer was Barclays, adding an estimated $231M. The largest seller was Renaissance Technologies, cutting an estimated $316M.
- 965 institutional investors held Newmont (NEM) as of Q3 2020, up from 933 in Q2 2020.
- Funds reported $41B of Newmont stock for Q3 2020, up 2% quarter-over-quarter.
- 121 funds opened new Newmont positions in Q3 2020 and 80 closed out, a net change of +41 holders.
- The largest Newmont buyer in Q3 2020 was Barclays, an estimated $231M added.
- The largest Newmont seller in Q3 2020 was Renaissance Technologies, an estimated $316M sold.
Based on aggregated 13F filings for Q3 2020.