Seabridge Gold
115 hedge funds and large institutions have $351M invested in Seabridge Gold in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 39 increasing their positions, 38 reducing their positions, and 16 closing their positions.
28% more call options, than puts
Call options by funds: $11.6M | Put options by funds: $9.1M
3% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.58% less ownership
Funds ownership: 30.53% → 28.95% (-1.6%)
6% less funds holding
Funds holding: 122 → 115 (-7)
26% less capital invested
Capital invested by funds: $477M → $351M (-$126M)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$16.4M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$7.94M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$4.25M |
| 4 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$3.56M |
| 5 |
VanEck Associates
New York
|
+$3.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$22.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.6M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$6.26M |
| 4 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$5.5M |
| 5 |
D.E. Shaw & Co
New York
|
-$3.15M |
SA Hedge Fund Activity: Q1 2021 in Review
115 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q1 2021, worth a combined $351M — down 26% from $477M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SA and 9 opened new positions — a net loss of 7 holders — while 38 trimmed existing stakes and 39 added.
The largest buyer was Russell Investments Group, adding an estimated $16.4M. The largest seller was Weiss Asset Management, cutting an estimated $22.6M.
- 115 institutional investors held Seabridge Gold (SA) as of Q1 2021, down from 122 in Q4 2020.
- Funds reported $351M of Seabridge Gold stock for Q1 2021, down 26% quarter-over-quarter.
- 9 funds opened new Seabridge Gold positions in Q1 2021 and 16 closed out, a net change of -7 holders.
- The largest Seabridge Gold buyer in Q1 2021 was Russell Investments Group, an estimated $16.4M added.
- The largest Seabridge Gold seller in Q1 2021 was Weiss Asset Management, an estimated $22.6M sold.
Based on aggregated 13F filings for Q1 2021.