Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DRDGOLD LIMITED (DRD)

119 + Investors. Track Smart Money conviction in DRD. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — DRD

Based on 116 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their DRD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
116 hedge funds hold DRD right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +57% more funds vs a year ago

fund count last 6Q
+42 new funds entered over the past year (+57% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 47% buying

59 buying66 selling
Last quarter: 66 funds reduced or exited vs 59 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-16 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 15 → 17 → 38 → 22. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

51% of holders stayed for 2+ years

51% conviction (2yr+) 22% medium 28% new
59 out of 116 hedge funds have held DRD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

18 → 15 → 17 → 38 → 22 new funds/Q
New funds entering each quarter: 15 → 17 → 38 → 22. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 64% of holders stayed 2+ years

64% veterans 7% 1-2yr 29% new
Of 119 current holders: 76 (64%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
20 of 116 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.6
out of 10
Moderate Exit Risk
Exit risk score 4.6/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: DRD

How many hedge funds hold DRD — quarterly history vs. share price
Quarterly hedge fund ownership of DRD vs. share price

Market Analysis: DRD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DRD

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 0 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: DRD
2026 Q1 Stats Unlock in 20 days 119 + Investors

Track Smart Money conviction in DRD. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 119 125 -4.8%
13F Shares 10M 10M -4.53%
Total Value $306M $286M 6.81%
New Positions 22 38 -16
Increased Positions 38 41 -3
Closed Positions 28 6 +22
Reduced Positions 46 37 +9
Total Calls 4 5 -20.0%
Total Puts 1 2 -50.0%
PUT/CALL Ratio 0.25 0.4 Bullish

Statistics: DRD

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Financial Highlights

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Institutional Holders (2026 Q1)

119 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in DRD. Verified SEC 13F-HR filings.

Top 23 institutional holders of DRD — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. 1.04% 19,900 $584K
2 SmartHarvest Portfolios, LLC 0.13% 10,894 $320K
3 DRIVE WEALTH MANAGEMENT, LLC 0.07% 11,794 $346K
4 Y-Intercept (Hong Kong) Ltd 0.02% 28,069 $824K
5 GAMMA Investing LLC 0.01% 8,048 $236K
6 Brooklyn Investment Group 0.01% 8,613 $253K
7 New England Capital Financial Advisors LLC 0.00% 462 $14K
8 Police & Firemen's Retirement System of New Jersey 0.00% 10,440 $307K
9 Merit Financial Group, LLC 0.00% 9,798 $288K
10 SIGNATUREFD, LLC 0.00% 3,677 $108K
11 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 25,173 $739K
12 Blue Trust, Inc. 0.00% 2,892 $85K
13 SBI Securities Co., Ltd. 0.00% 1,155 $34K
14 Farther Finance Advisors, LLC 0.00% 2,397 $74K
15 Bell Investment Advisors, Inc 0.00% 61 $2K
16 SG Americas Securities, LLC 0.00% 5,256
17 Physician Wealth Advisors, Inc. 0.00% 38 $1K
18 Sound Income Strategies, LLC 0.00% 63 $2K
19 Root Financial Partners, LLC 0.00% 37 $1K
20 Stone House Investment Management, LLC 0.00% 9
21 HOEY INVESTMENTS, INC 0.00% 5
22 Leonteq Securities AG 0.00% 1
23 IFP Advisors, Inc 0.00% 1
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — DRDGOLD LIMITED (DRD)

What does the Smart Money Trend signal show for DRD?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their DRD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for DRD?

More sellers than buyers — 47% buying: Last quarter: 66 funds reduced or exited vs 59 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for DRD holders?

Strong quality — 33% AUM from major funds: 20 of 116 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held DRD?

51% of holders stayed for 2+ years: 59 out of 116 hedge funds have held DRD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.