Seabridge Gold
116 hedge funds and large institutions have $317M invested in Seabridge Gold in 2020 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 38 increasing their positions, 29 reducing their positions, and 8 closing their positions.
163% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 8
47% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $11.4M
31% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 29
16% more capital invested
Capital invested by funds: $274M → $317M (+$42.9M)
12% more funds holding
Funds holding: 104 → 116 (+12)
0.43% more ownership
Funds ownership: 24.71% → 25.14% (+0.43%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$19.3M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$5.26M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.03M |
| 4 |
VanEck Associates
New York
|
+$4.05M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$9.4M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$4.19M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$4.11M |
| 4 |
Renaissance Technologies
New York
|
-$2.33M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1M |
SA Hedge Fund Activity: Q3 2020 in Review
116 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q3 2020, worth a combined $317M — up 16% from $274M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new SA positions and 8 closed out — a net gain of 13 holders — while 38 added to existing stakes and 29 trimmed.
The largest buyer was Jupiter Asset Management, opening a new position worth an estimated $19.3M. The largest seller was Weiss Asset Management, cutting an estimated $9.4M.
- 116 institutional investors held Seabridge Gold (SA) as of Q3 2020, up from 104 in Q2 2020.
- Funds reported $317M of Seabridge Gold stock for Q3 2020, up 16% quarter-over-quarter.
- 21 funds opened new Seabridge Gold positions in Q3 2020 and 8 closed out, a net change of +13 holders.
- The largest Seabridge Gold buyer in Q3 2020 was Jupiter Asset Management, an estimated $19.3M added.
- The largest Seabridge Gold seller in Q3 2020 was Weiss Asset Management, an estimated $9.4M sold.
Based on aggregated 13F filings for Q3 2020.