Seabridge Gold
63 hedge funds and large institutions have $153M invested in Seabridge Gold in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 14 closing their positions.
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
2% more funds holding
Funds holding: 62 → 63 (+1)
9.19% less ownership
Funds ownership: 41.49% → 32.3% (-9.2%)
14% less capital invested
Capital invested by funds: $178M → $153M (-$24.5M)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
44% less call options, than puts
Call options by funds: $12.6M | Put options by funds: $22.4M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$5.38M |
| 2 |
Jane Street
New York
|
+$4.07M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$3.18M |
| 4 |
Morgan Stanley
New York
|
+$2.7M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$38.2M |
| 2 |
RA
Royce & Associates
New York
|
-$15M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$13.2M |
| 4 |
BP
BI Partners
Darien,
Connecticut
|
-$3.75M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$1.01M |
SA Hedge Fund Activity: Q3 2013 in Review
63 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q3 2013, worth a combined $153M — down 14% from $178M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SA positions and 14 closed out — a net gain of 2 holders — while 17 added to existing stakes and 21 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $5.38M. The largest seller was VanEck Associates, cutting an estimated $38.2M.
- 63 institutional investors held Seabridge Gold (SA) as of Q3 2013, up from 62 in Q2 2013.
- Funds reported $153M of Seabridge Gold stock for Q3 2013, down 14% quarter-over-quarter.
- 16 funds opened new Seabridge Gold positions in Q3 2013 and 14 closed out, a net change of +2 holders.
- The largest Seabridge Gold buyer in Q3 2013 was D.E. Shaw & Co, an estimated $5.38M added.
- The largest Seabridge Gold seller in Q3 2013 was VanEck Associates, an estimated $38.2M sold.
Based on aggregated 13F filings for Q3 2013.