Seabridge Gold
143 hedge funds and large institutions have $365M invested in Seabridge Gold in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 48 increasing their positions, 38 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
33% more call options, than puts
Call options by funds: $12.4M | Put options by funds: $9.33M
26% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 38
20% more capital invested
Capital invested by funds: $304M → $365M (+$61.5M)
4% more funds holding
Funds holding: 137 → 143 (+6)
1.63% more ownership
Funds ownership: 34.64% → 36.26% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$5.3M |
| 2 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$2.32M |
| 3 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$2.17M |
| 4 |
Barclays
London,
United Kingdom
|
+$2.17M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.95M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$1.71M |
| 3 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$1.58M |
| 4 |
Millennium Management
New York
|
-$1.34M |
| 5 |
AA
Armor Advisors
New York
|
-$1.18M |
SA Hedge Fund Activity: Q4 2023 in Review
143 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q4 2023, worth a combined $365M — up 20% from $304M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new SA positions and 14 closed out — a net gain of 7 holders — while 48 added to existing stakes and 38 trimmed.
The largest buyer was Kopernik Global Investors, adding an estimated $5.3M. The largest seller was JP Morgan Chase, cutting an estimated $1.95M.
- 143 institutional investors held Seabridge Gold (SA) as of Q4 2023, up from 137 in Q3 2023.
- Funds reported $365M of Seabridge Gold stock for Q4 2023, up 20% quarter-over-quarter.
- 21 funds opened new Seabridge Gold positions in Q4 2023 and 14 closed out, a net change of +7 holders.
- The largest Seabridge Gold buyer in Q4 2023 was Kopernik Global Investors, an estimated $5.3M added.
- The largest Seabridge Gold seller in Q4 2023 was JP Morgan Chase, an estimated $1.95M sold.
Based on aggregated 13F filings for Q4 2023.