Seabridge Gold
107 hedge funds and large institutions have $180M invested in Seabridge Gold in 2019 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 28 increasing their positions, 32 reducing their positions, and 17 closing their positions.
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
1% more funds holding
Funds holding: 106 → 107 (+1)
2.38% less ownership
Funds ownership: 24.41% → 22.03% (-2.4%)
7% less capital invested
Capital invested by funds: $193M → $180M (-$13.1M)
13% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 32
66% less call options, than puts
Call options by funds: $3.31M | Put options by funds: $9.72M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.93M |
| 2 |
Millennium Management
New York
|
+$3.28M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.59M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$631K |
| 5 |
JP Morgan Chase
New York
|
+$620K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$4.87M |
| 2 |
APCM
Arbiter Partners Capital Management
New York
|
-$2.33M |
| 3 |
VanEck Associates
New York
|
-$1.89M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.05M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$830K |
SA Hedge Fund Activity: Q1 2019 in Review
107 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Seabridge Gold (SA) for Q1 2019, worth a combined $180M — down 6.8% from $193M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SA positions and 17 closed out — a net gain of 1 holder — while 28 added to existing stakes and 32 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.93M. The largest seller was Weiss Asset Management, cutting an estimated $4.87M.
- 107 institutional investors held Seabridge Gold (SA) as of Q1 2019, up from 106 in Q4 2018.
- Funds reported $180M of Seabridge Gold stock for Q1 2019, down 6.8% quarter-over-quarter.
- 18 funds opened new Seabridge Gold positions in Q1 2019 and 17 closed out, a net change of +1 holder.
- The largest Seabridge Gold buyer in Q1 2019 was Morgan Stanley, an estimated $4.93M added.
- The largest Seabridge Gold seller in Q1 2019 was Weiss Asset Management, an estimated $4.87M sold.
Based on aggregated 13F filings for Q1 2019.