Seabridge Gold
88 hedge funds and large institutions have $172M invested in Seabridge Gold in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 31 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
1% more funds holding
Funds holding: 87 → 88 (+1)
1.5% less ownership
Funds ownership: 27.97% → 26.48% (-1.5%)
11% less capital invested
Capital invested by funds: $194M → $172M (-$21.4M)
32% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 31
42% less call options, than puts
Call options by funds: $4.03M | Put options by funds: $6.9M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.73M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.37M |
| 3 |
VanEck Associates
New York
|
+$2.29M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.02M |
| 5 |
D.E. Shaw & Co
New York
|
+$969K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$5.93M |
| 2 |
APCM
Arbiter Partners Capital Management
New York
|
-$4.16M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$2.75M |
| 4 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
-$2.15M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$1.72M |
SA Hedge Fund Activity: Q4 2017 in Review
88 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q4 2017, worth a combined $172M — down 11% from $194M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SA positions and 13 closed out — a net gain of 2 holders — while 21 added to existing stakes and 31 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $6.73M. The largest seller was Toronto Dominion Bank, cutting an estimated $5.93M.
- 88 institutional investors held Seabridge Gold (SA) as of Q4 2017, up from 87 in Q3 2017.
- Funds reported $172M of Seabridge Gold stock for Q4 2017, down 11% quarter-over-quarter.
- 15 funds opened new Seabridge Gold positions in Q4 2017 and 13 closed out, a net change of +2 holders.
- The largest Seabridge Gold buyer in Q4 2017 was Bank of Montreal, an estimated $6.73M added.
- The largest Seabridge Gold seller in Q4 2017 was Toronto Dominion Bank, an estimated $5.93M sold.
Based on aggregated 13F filings for Q4 2017.