Newmont
NEM
1,057 hedge funds and large institutions have $27.6B invested in Newmont in 2023 Q2 according to their latest regulatory filings, with 96 funds opening new positions, 416 increasing their positions, 385 reducing their positions, and 117 closing their positions.
39% more capital inflows, than outflows
Capital inflows: $2.49B | Capital outflows: $1.79B
27% more call options, than puts
Call options by funds: $742M | Put options by funds: $583M
8% more funds holding in top 10
Funds holding in top 10: 26 → 28 (+2)
1.87% more ownership
Funds ownership: 79.08% → 80.96% (+1.9%)
8% more repeat investments, than reductions
Existing positions increased: 416 | Existing positions reduced: 385
2% less funds holding
Funds holding: 1,081 → 1,057 (-24)
18% less first-time investments, than exits
New positions opened: 96 | Existing positions closed: 117
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$209M |
| 2 |
BlackRock
New York
|
+$200M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$170M |
| 4 |
Morgan Stanley
New York
|
+$154M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$138M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$132M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$119M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$103M |
| 4 |
Two Sigma Investments
New York
|
-$83.3M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$74M |
NEM Hedge Fund Activity: Q2 2023 in Review
1,057 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Newmont (NEM) for Q2 2023, worth a combined $27.6B — down 11% from $31.2B a quarter earlier.
Sellers outnumbered buyers: 117 funds closed out of NEM and 96 opened new positions — a net loss of 21 holders — while 385 trimmed existing stakes and 416 added.
The largest buyer was Man Group, opening a new position worth an estimated $209M. The largest seller was Norges Bank, cutting an estimated $132M.
- 1,057 institutional investors held Newmont (NEM) as of Q2 2023, down from 1,081 in Q1 2023.
- Funds reported $27.6B of Newmont stock for Q2 2023, down 11% quarter-over-quarter.
- 96 funds opened new Newmont positions in Q2 2023 and 117 closed out, a net change of -21 holders.
- The largest Newmont buyer in Q2 2023 was Man Group, an estimated $209M added.
- The largest Newmont seller in Q2 2023 was Norges Bank, an estimated $132M sold.
Based on aggregated 13F filings for Q2 2023.