Seabridge Gold
64 hedge funds and large institutions have $144M invested in Seabridge Gold in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 9 closing their positions.
30% more capital invested
Capital invested by funds: $111M → $144M (+$33.4M)
1.65% less ownership
Funds ownership: 34.24% → 32.6% (-1.6%)
4% less funds holding
Funds holding: 67 → 64 (-3)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
32% less call options, than puts
Call options by funds: $10.6M | Put options by funds: $15.5M
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.66M |
| 2 |
VanEck Associates
New York
|
+$3.39M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$2.69M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.69M |
| 5 |
Renaissance Technologies
New York
|
+$441K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$8.53M |
| 2 |
TC
Talkot Capital
Sausalito,
California
|
-$2.25M |
| 3 |
D.E. Shaw & Co
New York
|
-$1.42M |
| 4 |
ST
Spot Trading
Chicago,
Illinois
|
-$1.22M |
| 5 |
Jane Street
New York
|
-$1.02M |
SA Hedge Fund Activity: Q2 2014 in Review
64 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q2 2014, worth a combined $144M — up 30% from $111M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SA and 6 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 18 added.
The largest buyer was Credit Suisse, adding an estimated $7.66M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $8.53M sold.
- 64 institutional investors held Seabridge Gold (SA) as of Q2 2014, down from 67 in Q1 2014.
- Funds reported $144M of Seabridge Gold stock for Q2 2014, up 30% quarter-over-quarter.
- 6 funds opened new Seabridge Gold positions in Q2 2014 and 9 closed out, a net change of -3 holders.
- The largest Seabridge Gold buyer in Q2 2014 was Credit Suisse, an estimated $7.66M added.
- The largest Seabridge Gold seller in Q2 2014 was Weiss Asset Management, an estimated $8.53M sold.
Based on aggregated 13F filings for Q2 2014.