Seabridge Gold
79 hedge funds and large institutions have $176M invested in Seabridge Gold in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 31 reducing their positions, and 16 closing their positions.
4.4% more ownership
Funds ownership: 25.11% → 29.51% (+4.4%)
8% less funds holding
Funds holding: 86 → 79 (-7)
10% less capital invested
Capital invested by funds: $197M → $176M (-$20.5M)
26% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 31
36% less call options, than puts
Call options by funds: $7.87M | Put options by funds: $12.3M
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$31.1M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$3.65M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.54M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2M |
| 5 |
BlackRock
New York
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.15M |
| 2 |
Renaissance Technologies
New York
|
-$2.44M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.57M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$988K |
SA Hedge Fund Activity: Q3 2016 in Review
79 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q3 2016, worth a combined $176M — down 10% from $197M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SA and 9 opened new positions — a net loss of 7 holders — while 31 trimmed existing stakes and 23 added.
The largest buyer was VanEck Associates, adding an estimated $31.1M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $4.15M sold.
- 79 institutional investors held Seabridge Gold (SA) as of Q3 2016, down from 86 in Q2 2016.
- Funds reported $176M of Seabridge Gold stock for Q3 2016, down 10% quarter-over-quarter.
- 9 funds opened new Seabridge Gold positions in Q3 2016 and 16 closed out, a net change of -7 holders.
- The largest Seabridge Gold buyer in Q3 2016 was VanEck Associates, an estimated $31.1M added.
- The largest Seabridge Gold seller in Q3 2016 was Arrowstreet Capital, an estimated $4.15M sold.
Based on aggregated 13F filings for Q3 2016.