Orla Mining
ORLA
55 hedge funds and large institutions have $220M invested in Orla Mining in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 7 reducing their positions, and 13 closing their positions.
186% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 7
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
4% more funds holding
Funds holding: 53 → 55 (+2)
1.09% more ownership
Funds ownership: 23.71% → 24.81% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less capital invested
Capital invested by funds: $273M → $220M (-$52.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
Merk Investments
Menlo Park,
California
|
+$34.4M |
| 2 |
First Eagle Investment Management
New York
|
+$3.91M |
| 3 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$3.67M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.46M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$10.5M |
| 2 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$5.66M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.63M |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$2.5M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$1.38M |
ORLA Hedge Fund Activity: Q1 2021 in Review
55 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Orla Mining (ORLA) for Q1 2021, worth a combined $220M — down 19% from $273M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ORLA positions and 13 closed out — a net gain of 2 holders — while 20 added to existing stakes and 7 trimmed.
The largest buyer was Merk Investments, opening a new position worth an estimated $34.4M. The largest seller was Fidelity International, exiting entirely with an estimated $10.5M sold.
- 55 institutional investors held Orla Mining (ORLA) as of Q1 2021, up from 53 in Q4 2020.
- Funds reported $220M of Orla Mining stock for Q1 2021, down 19% quarter-over-quarter.
- 15 funds opened new Orla Mining positions in Q1 2021 and 13 closed out, a net change of +2 holders.
- The largest Orla Mining buyer in Q1 2021 was Merk Investments, an estimated $34.4M added.
- The largest Orla Mining seller in Q1 2021 was Fidelity International, an estimated $10.5M sold.
Based on aggregated 13F filings for Q1 2021.