Newmont
NEM
1,251 hedge funds and large institutions have $43.4B invested in Newmont in 2024 Q3 according to their latest regulatory filings, with 204 funds opening new positions, 442 increasing their positions, 444 reducing their positions, and 75 closing their positions.
172% more first-time investments, than exits
New positions opened: 204 | Existing positions closed: 75
59% more funds holding in top 10
Funds holding in top 10: 29 → 46 (+17)
11% more funds holding
Funds holding: 1,130 → 1,251 (+121)
9% more capital inflows, than outflows
Capital inflows: $2.09B | Capital outflows: $1.92B
0.58% more ownership
Funds ownership: 69.89% → 70.46% (+0.58%)
0% less repeat investments, than reductions
Existing positions increased: 442 | Existing positions reduced: 444
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 |
Orbis Allan Gray
Hamilton,
Bermuda
|
+$164M |
| 2 |
Citigroup
New York
|
+$114M |
| 3 |
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
1,251 of the 6,988 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: 204 funds opened new NEM positions and 75 closed out — a net gain of 129 holders — while 442 added to existing stakes and 444 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.
- 1,251 institutional investors held Newmont (NEM) as of Q3 2024, up from 1,130 in Q2 2024.
- Funds reported $43.4B of Newmont stock for Q3 2024, up 28% quarter-over-quarter.
- 204 funds opened new Newmont positions in Q3 2024 and 75 closed out, a net change of +129 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.