Seabridge Gold
100 hedge funds and large institutions have $131M invested in Seabridge Gold in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 30 reducing their positions, and 29 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 30
1.07% less ownership
Funds ownership: 24.13% → 23.06% (-1.1%)
17% less funds holding
Funds holding: 121 → 100 (-21)
36% less capital invested
Capital invested by funds: $204M → $131M (-$73M)
51% less call options, than puts
Call options by funds: $4.51M | Put options by funds: $9.27M
62% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 29
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$3.49M |
| 2 |
D.E. Shaw & Co
New York
|
+$1.65M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.28M |
| 4 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$1.17M |
| 5 |
FC
Fore Capital
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.03M |
| 2 |
VanEck Associates
New York
|
-$3.01M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.41M |
| 4 |
FCM
Fortis Capital Management
Bellevue,
Washington
|
-$1.11M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
126
Next Financial Group
Houston,
Texas
| – | -$2K | -150 | Closed |
|
|
FCA
127
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$2K | -125 | Closed |
|
|
LC
128
Lindbrook Capital
Calabasas,
California
| – | -$1K | -71 | Closed |
|
129
1832 Asset Management
Toronto,
Ontario, Canada
| – | +$296 | +25 | New |
|
SA Hedge Fund Activity: Q1 2020 in Review
100 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q1 2020, worth a combined $131M — down 36% from $204M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of SA and 11 opened new positions — a net loss of 18 holders — while 30 trimmed existing stakes and 33 added.
The largest buyer was Russell Investments Group, adding an estimated $3.49M. The largest seller was Morgan Stanley, cutting an estimated $9.03M.
- 100 institutional investors held Seabridge Gold (SA) as of Q1 2020, down from 121 in Q4 2019.
- Funds reported $131M of Seabridge Gold stock for Q1 2020, down 36% quarter-over-quarter.
- 11 funds opened new Seabridge Gold positions in Q1 2020 and 29 closed out, a net change of -18 holders.
- The largest Seabridge Gold buyer in Q1 2020 was Russell Investments Group, an estimated $3.49M added.
- The largest Seabridge Gold seller in Q1 2020 was Morgan Stanley, an estimated $9.03M sold.
Based on aggregated 13F filings for Q1 2020.