Seabridge Gold
78 hedge funds and large institutions have $116M invested in Seabridge Gold in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 16 closing their positions.
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
1% less funds holding
Funds holding: 79 → 78 (-1)
3.44% less ownership
Funds ownership: 29.51% → 26.07% (-3.4%)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
34% less capital invested
Capital invested by funds: $176M → $116M (-$60.2M)
44% less call options, than puts
Call options by funds: $3.68M | Put options by funds: $6.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$3.07M |
| 2 |
Millennium Management
New York
|
+$2.15M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.95M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.56M |
| 5 |
Jane Street
New York
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$21.9M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.31M |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$3.22M |
| 4 |
RA
Royce & Associates
New York
|
-$3.11M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$2.76M |
SA Hedge Fund Activity: Q4 2016 in Review
78 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q4 2016, worth a combined $116M — down 34% from $176M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SA positions and 16 closed out — a net gain of 4 holders — while 19 added to existing stakes and 25 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $3.07M. The largest seller was VanEck Associates, cutting an estimated $21.9M.
- 78 institutional investors held Seabridge Gold (SA) as of Q4 2016, down from 79 in Q3 2016.
- Funds reported $116M of Seabridge Gold stock for Q4 2016, down 34% quarter-over-quarter.
- 20 funds opened new Seabridge Gold positions in Q4 2016 and 16 closed out, a net change of +4 holders.
- The largest Seabridge Gold buyer in Q4 2016 was Goldman Sachs, an estimated $3.07M added.
- The largest Seabridge Gold seller in Q4 2016 was VanEck Associates, an estimated $21.9M sold.
Based on aggregated 13F filings for Q4 2016.