Seabridge Gold
65 hedge funds and large institutions have $132M invested in Seabridge Gold in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 12 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
2% more funds holding
Funds holding: 64 → 65 (+1)
1.34% more ownership
Funds ownership: 32.6% → 33.94% (+1.3%)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
8% less capital invested
Capital invested by funds: $144M → $132M (-$11.9M)
18% less call options, than puts
Call options by funds: $9.69M | Put options by funds: $11.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$14M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$8.93M |
| 3 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
+$4.11M |
| 4 |
BP
BI Partners
Darien,
Connecticut
|
+$2.94M |
| 5 |
ST
Spot Trading
Chicago,
Illinois
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.75M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$3.21M |
| 4 |
TC
Talkot Capital
Sausalito,
California
|
-$2.65M |
| 5 |
RA
Royce & Associates
New York
|
-$2.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARMC
76
American Research & Management Company
Marion,
Massachusetts
| – | -$2K | -200 | Closed |
|
77
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$179 | +19 | New |
|
SA Hedge Fund Activity: Q3 2014 in Review
65 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q3 2014, worth a combined $132M — down 8.3% from $144M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SA positions and 12 closed out — a net gain of 1 holder — while 22 added to existing stakes and 16 trimmed.
The largest buyer was VanEck Associates, adding an estimated $14M. The largest seller was Credit Suisse, cutting an estimated $8.7M.
- 65 institutional investors held Seabridge Gold (SA) as of Q3 2014, up from 64 in Q2 2014.
- Funds reported $132M of Seabridge Gold stock for Q3 2014, down 8.3% quarter-over-quarter.
- 13 funds opened new Seabridge Gold positions in Q3 2014 and 12 closed out, a net change of +1 holder.
- The largest Seabridge Gold buyer in Q3 2014 was VanEck Associates, an estimated $14M added.
- The largest Seabridge Gold seller in Q3 2014 was Credit Suisse, an estimated $8.7M sold.
Based on aggregated 13F filings for Q3 2014.