Western Copper and Gold
WRN
40 hedge funds and large institutions have $39M invested in Western Copper and Gold in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 8 closing their positions.
12% more capital invested
Capital invested by funds: $34.8M → $39M (+$4.2M)
1.24% more ownership
Funds ownership: 12.88% → 14.12% (+1.2%)
9% less funds holding
Funds holding: 44 → 40 (-4)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.47M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$226K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$96.4K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$86.8K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$76.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$366K |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
-$145K |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$134K |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$129K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$55.6K |
WRN Hedge Fund Activity: Q1 2023 in Review
40 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Western Copper and Gold (WRN) for Q1 2023, worth a combined $39M — up 12% from $34.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of WRN and 5 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Fidelity Investments, adding an estimated $3.47M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $366K.
- 40 institutional investors held Western Copper and Gold (WRN) as of Q1 2023, down from 44 in Q4 2022.
- Funds reported $39M of Western Copper and Gold stock for Q1 2023, up 12% quarter-over-quarter.
- 5 funds opened new Western Copper and Gold positions in Q1 2023 and 8 closed out, a net change of -3 holders.
- The largest Western Copper and Gold buyer in Q1 2023 was Fidelity Investments, an estimated $3.47M added.
- The largest Western Copper and Gold seller in Q1 2023 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $366K sold.
Based on aggregated 13F filings for Q1 2023.