Seabridge Gold
66 hedge funds and large institutions have $115M invested in Seabridge Gold in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 23 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
5% more funds holding
Funds holding: 63 → 66 (+3)
2.31% more ownership
Funds ownership: 32.3% → 34.61% (+2.3%)
25% less capital invested
Capital invested by funds: $153M → $115M (-$38.1M)
30% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 23
64% less call options, than puts
Call options by funds: $6.76M | Put options by funds: $18.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$10.1M |
| 2 |
TC
Talkot Capital
Sausalito,
California
|
+$3.69M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.81M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.98M |
| 5 |
Renaissance Technologies
New York
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$3.09M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$2.7M |
| 3 |
Jane Street
New York
|
-$2.44M |
| 4 |
Morgan Stanley
New York
|
-$2.1M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$1.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMA
76
FNY Managed Accounts
New York
| – | -$98K | -9,333 | Closed |
|
|
RIA
77
Regal Investment Advisors
Kentwood,
Michigan
| – | -$4K | -355 | Closed |
|
78
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -120 | Closed |
|
|
DADC
79
D.A. Davidson & Co
Great Falls,
Montana
| – | +$840 | +100 | New |
|
SA Hedge Fund Activity: Q4 2013 in Review
66 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q4 2013, worth a combined $115M — down 25% from $153M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SA positions and 12 closed out — a net gain of 4 holders — while 16 added to existing stakes and 23 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $10.1M. The largest seller was D.E. Shaw & Co, cutting an estimated $3.09M.
- 66 institutional investors held Seabridge Gold (SA) as of Q4 2013, up from 63 in Q3 2013.
- Funds reported $115M of Seabridge Gold stock for Q4 2013, down 25% quarter-over-quarter.
- 16 funds opened new Seabridge Gold positions in Q4 2013 and 12 closed out, a net change of +4 holders.
- The largest Seabridge Gold buyer in Q4 2013 was Weiss Asset Management, an estimated $10.1M added.
- The largest Seabridge Gold seller in Q4 2013 was D.E. Shaw & Co, an estimated $3.09M sold.
Based on aggregated 13F filings for Q4 2013.