Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Kinross Gold Corp (KGC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -17
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — KGC

Based on 641 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their KGC 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
641 hedge funds hold KGC 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 — +29% more funds vs a year ago

fund count last 6Q
+143 new funds entered over the past year (+29% 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 — 48% buying

323 buying346 selling
Last quarter: 346 funds reduced or exited vs 323 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 (-29 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 99 → 131 → 117 → 88. 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.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 25% medium ■ 22% new
339 out of 641 hedge funds have held KGC 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.
➡️

Steady discovery — ~88 new funds/quarter

75 → 99 → 131 → 117 → 88 new funds/Q
New funds entering each quarter: 99 → 131 → 117 → 88. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 58% veterans vs 28% newcomers

■ 58% veterans ■ 14% 1-2yr ■ 28% new
Entry-cohort mix of 683 holders: 395 (58%) are 2+ year veterans, 96 entered 1–2 years ago, and 192 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 45% AUM from top-100 funds

45% from top-100 AUM funds
60 of 638 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in KGC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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.

Institutional Sentiment Summary — KGC

In 2026 Q2, 323 hedge funds were net buyers of KGC (88 opened a new position, 235 added to an existing one), while 346 reduced or exited (241 trimmed, 105 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 45% of total institutional value in KGC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -17 funds (more exits than new entries). Total institutional holders: 641.

Hedge Fund Ownership: KGC

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

Market Analysis: KGC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: KGC

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

21 top-rated funds 2 high-conviction
Consensus
5.8
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: KGC
631 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 631 658 -4.1%
13F Shares 727M 744M -2.31%
Total Value $17.33B $18.95B -8.55%
New Positions 85 117 -32
Increased Positions 228 232 -4
Closed Positions 109 74 +35
Reduced Positions 221 212 +9
Total Calls 23 22 4.55%
Total Puts 21 20 5.0%
PUT/CALL Ratio 0.91 0.91 Neutral

Statistics: KGC

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Institutional Holders (2026 Q2)

631 + investors

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

QUARTER:
Top 25 KGC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Cape Ann Asset Management Ltd 19.09% 3,510,314 $82.9M
2 Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. 7.14% 141,100 $3.3M
3 Knoll Capital Management, LLC 4.22% 320,000 $7.6M
4 Semper Augustus Investments Group LLC 4.14% 1,548,995 $36.6M
5 Spark Investment Management LLC 2.80% 60,750 $1.4M
6 Cedrus Wealth Group LLC 2.09% 101,192 $2.4M
7 Ninepoint Partners LP 1.92% 1,067,572 $25.2M
8 Sprott INC. 1.54% 2,050,997 $48.4M
9 Addenda Capital Inc. 1.51% 1,654,910 $55.6M
10 Parvin Asset Management, LLC 1.14% 61,625 $1.5M
11 Triasima Portfolio Management inc. 1.13% 354,983 $8.4M
12 Navellier & Associates Inc 1.09% 580,119 $13.7M
13 Mufg Securities (canada), LTD. 1.07% 1,687,005 $39.9M
14 Ativo Capital Management LLC 1.05% 58,295 $1.4M
15 Leuthold Group, LLC 1.04% 438,079 $10.3M
16 Pavaki Capital Management LLC 0.98% 49,500 $1.4M
17 Eddie Patel Inc 0.97% 68,782 $1.6M
18 PKO Investment Management Joint-Stock Co 0.96% 561,101 $13.2M
19 Mudita Advisors LLP 0.86% 174,335 $4.1M
20 Renaissance Technologies LLC 0.80% 24,747,213 $584.5M
21 Haven Capital Group, Inc. 0.80% 42,203 $997K
22 Boston Partners 0.80% 36,038,587 $899.8M
23 Van Eck Associates Corp 0.79% 54,855,608 $1.30B
24 Qp Wealth Management, LLC 0.74% 22,044 $521K
25 Ruffer LLP 0.73% 874,179 $20.6M
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 — Kinross Gold Corp (KGC)

What does the Smart Money Trend signal show for KGC?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their KGC 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 KGC?

More sellers than buyers — 48% buying: Last quarter: 346 funds reduced or exited vs 323 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 KGC holders?

Elite ownership — 45% AUM from top-100 funds: 60 of 638 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in KGC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held KGC?

53% of holders stayed for 2+ years: 339 out of 641 hedge funds have held KGC 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.

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