AGNICO EAGLE MINES LTD AEM
COM · Common Stock · CUSIP 008474108 · ISIN CA0084741085
- SectorMaterials
- IndustryGold and Silver Ores
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($29.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.07. Options: 30 managers hold calls ($621.4m notional), 29 hold puts ($329.4m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 512 |
| Q4 2022 | 547 |
| Q1 2023 | 560 |
| Q2 2023 | 582 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 261 | 214 |
| Q1 2023 | 278 | 236 |
| Q2 2023 | 329 | 216 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $523.9m | $312.1m | 0.60 |
| Q4 2022 | $659.7m | $362.2m | 0.55 |
| Q1 2023 | $686.0m | $352.4m | 0.51 |
| Q2 2023 | $621.4m | $329.4m | 0.53 |
Biggest buyers
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +2.9m |
| BANK OF MONTREAL /CAN/ | Added | +1.7m |
| TORONTO DOMINION BANK | Added | +1.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ | New | +1.3m |
| BANK OF NOVA SCOTIA | Added | +1.3m |
| CITADEL ADVISORS LLC | Added | +1.2m |
| Balyasny Asset Management L.P. | New | +1.2m |
| VAN ECK ASSOCIATES CORP | Added | +1.2m |
| ROYAL BANK OF CANADA | Added | +1.1m |
| NORGES BANK | Added | +801.3k |
Biggest sellers
| FMR LLC | Reduced | -12.6m |
| Ruffer LLP | Reduced | -1.8m |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -1.6m |
| Capital World Investors | Reduced | -1.2m |
| GOLDMAN SACHS GROUP INC | Reduced | -893.2k |
| SG Americas Securities, LLC | Reduced | -855.2k |
| INTACT INVESTMENT MANAGEMENT INC. | Sold out | -632.6k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Reduced | -631.7k |
| Man Group plc | Sold out | -521.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -473.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $246.0m4.9m shares |
| CITADEL ADVISORS LLC | Reduced | $82.8m1.7m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $49.6m992.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $32.8m655.9k shares |
| Caption Management, LLC | Added | $31.0m619.5k shares |
| GROUP ONE TRADING LLC | Added | $28.4m569.0k shares |
| BANK OF MONTREAL /CAN/ | Added | $22.7m447.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $18.8m382.6k shares |
| JANE STREET GROUP, LLC | Reduced | $17.5m349.9k shares |
| SIG North Trading, ULC | Reduced | $17.2m343.5k shares |
Biggest puts
| Twin Tree Management, LP | Reduced | $42.6m852.3k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $37.8m756.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $34.0m680.7k shares |
| CITADEL ADVISORS LLC | Reduced | $33.4m667.6k shares |
| Caption Management, LLC | Added | $27.4m547.5k shares |
| SIMPLEX TRADING, LLC | Added | $23.6m473.1k shares |
| CMT Capital Markets Trading GmbH | Added | $17.9m358.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $16.1m327.3k shares |
| SIG North Trading, ULC | Added | $14.3m287.1k shares |
| GROUP ONE TRADING LLC | Added | $11.1m222.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 5.8% |
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VAN ECK ASSOCIATES CORP 2.35% of their portfolio | 21.5m $1.1bn | Added +1.2m |
| FIL Ltd 1.06% of their portfolio | 18.9m $943.8m | Added +217.1k |
| VANGUARD GROUP INC 0.02% of their portfolio | 16.9m $847.0m | Added +486.9k |
| ROYAL BANK OF CANADA 0.22% of their portfolio | 15.5m $775.0m | Added +1.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.22% of their portfolio | 13.6m $681.9m | Added +211.1k |
| DEUTSCHE BANK AG\ 0.35% of their portfolio | 13.3m $667.0m | Reduced -340.5k |
| BANK OF MONTREAL /CAN/ 0.20% of their portfolio | 10.8m $550.6m | Added +1.7m |
| MACKENZIE FINANCIAL CORP 0.73% of their portfolio | 9.5m $476.6m | Reduced -69.9k |
| FMR LLC 0.04% of their portfolio | 8.9m $446.0m | Reduced -12.6m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.21% of their portfolio | 7.7m $385.1m | Added +2.9m |
| First Eagle Investment Management, LLC 0.80% of their portfolio | 6.3m $313.3m | Added +36.4k |
| Amundi 0.16% of their portfolio | 6.1m $322.4m | Reduced -288.8k |
| NORGES BANK 0.06% of their portfolio | 5.8m $291.3m | Added +801.3k |
| FLOSSBACH VON STORCH SE 1.14% of their portfolio | 5.6m $282.1m | Added +268.9k |
| CIBC Asset Management Inc 1.06% of their portfolio | 5.4m $271.6m | Reduced -50.5k |
| Invesco Ltd. 0.06% of their portfolio | 4.9m $247.0m | Added +430.0k |
| FRANKLIN RESOURCES INC 0.10% of their portfolio | 4.4m $220.7m | Added +689.6k |
| Capital World Investors 0.04% of their portfolio | 4.4m $218.5m | Reduced -1.2m |
| BANK OF NOVA SCOTIA 0.55% of their portfolio | 4.2m $210.5m | Added +1.3m |
| NATIONAL BANK OF CANADA /FI/ 0.42% of their portfolio | 4.2m $208.3m | Added +771.1k |
| MILLENNIUM MANAGEMENT LLC 0.22% of their portfolio | 4.2m $207.6m | Added +798.5k |
| TORONTO DOMINION BANK 0.13% of their portfolio | 3.5m $175.0m | Added +1.5m |
| CIBC WORLD MARKET INC. 0.58% of their portfolio | 3.4m $168.6m | Added +249.4k |
| TD Asset Management Inc 0.17% of their portfolio | 3.1m $153.3m | Added +137.9k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 3.0m $151.8m | Added +161.5k |
| Ninety One UK Ltd 0.43% of their portfolio | 3.0m $149.0m | Added +311.3k |
| Legal & General Group Plc 0.05% of their portfolio | 2.8m $140.2m | Added +245.7k |
| Carmignac Gestion 2.41% of their portfolio | 2.8m $140.1m | Reduced -423.3k |
| CITADEL ADVISORS LLC 0.15% of their portfolio | 2.7m $136.0m | Added +1.2m |
| MARLIN SAMS CAPITAL MANAGEMENT LLC 100.00% of their portfolio | 2.3m $115.0m | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. 0.56% of their portfolio | 2.2m $112.0m | Reduced -232.2k |
| Canoe Financial LP 2.28% of their portfolio | 2.2m $109.2m | Reduced -87.7k |
| FEDERATED HERMES, INC. 0.26% of their portfolio | 2.1m $102.9m | Added +669.2k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.0m $99.2m | Added +96.0k |
| Swiss National Bank 0.06% of their portfolio | 1.9m $92.6m | Reduced -27.7k |
| Caisse de depot et placement du Quebec 0.25% of their portfolio | 1.8m $92.3m | Reduced -33.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio | 1.8m $90.1m | Added +80.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.7m $87.0m | Added +108.5k |
| Alberta Investment Management Corp 0.80% of their portfolio | 1.7m $83.5m | Added +151.1k |
| APG Asset Management N.V. 0.15% of their portfolio | 1.7m $76.4m | Reduced -73.5k |
| GUARDIAN CAPITAL LP 2.59% of their portfolio | 1.6m $80.8m | Added +499.3k |
| MORGAN STANLEY 0.01% of their portfolio | 1.6m $80.3m | Reduced -175.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.6m $78.8m | Reduced -236.0k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.5m $73.3m | Reduced -893.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.10% of their portfolio | 1.4m $68.2m | Reduced -1.6m |
| SPROTT INC. 6.16% of their portfolio | 1.4m $67.8m | Added +14.0k |
| DekaBank Deutsche Girozentrale 0.15% of their portfolio | 1.3m $65.0m | Added +334.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.3m $64.1m | New |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 1.3m $63.6m | Added +15.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio | 1.3m $63.0m | Reduced -162.1k |
| Balyasny Asset Management L.P. 0.17% of their portfolio | 1.2m $60.9m | New |
| JUPITER ASSET MANAGEMENT LTD 0.63% of their portfolio | 1.2m $57.7m | Reduced -226.0k |
| 1832 Asset Management L.P. 0.11% of their portfolio | 1.1m $57.0m | Reduced -273.4k |
| CREDIT SUISSE AG/ 0.06% of their portfolio | 1.1m $55.2m | Reduced -45.5k |
| BRADLEY FOSTER & SARGENT INC/CT 1.09% of their portfolio | 1.0m $51.8m | Added +49.9k |
| Korea Investment CORP 0.14% of their portfolio | 980.5k $49.0m | Added +310.0k |
| ALTRINSIC GLOBAL ADVISORS LLC 1.86% of their portfolio | 972.3k $48.6m | Added +117.2k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 928.9k $46.4m | Added +132.2k |
| St. James Investment Company, LLC 6.75% of their portfolio | 928.6k $46.4m | Reduced -24.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 881.6k $44.0m | Reduced -56.6k |
| PAULSON & CO. INC. 3.82% of their portfolio | 783.6k $39.2m | Unchanged |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.37% of their portfolio | 783.3k $39.1m | Reduced -631.7k |
| Allianz Asset Management GmbH 0.08% of their portfolio | 778.7k $38.9m | Reduced -8.4k |
| GABELLI FUNDS LLC 0.28% of their portfolio | 740.0k $37.0m | Reduced -56.4k |
| AXA S.A. 0.12% of their portfolio | 723.2k $36.1m | Added +345.3k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 716.8k $35.8m | Added +30.4k |
| Galibier Capital Management Ltd. 8.19% of their portfolio | 713.6k $35.7m | Reduced -31.3k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 667.0k $33.3m | Added +36.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 657.2k $32.8m | Added +31.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio | 634.8k $31.7m | Added +367.8k |
| Condire Management, LP 6.18% of their portfolio | 613.0k $30.6m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 598.3k $29.9m | Reduced -168.5k |
| Ruffer LLP 1.68% of their portfolio | 575.2k $28.7m | Reduced -1.8m |
| Euro Pacific Asset Management, LLC 6.15% of their portfolio | 569.4k $28.2m | Added +133.7k |
| CIDEL ASSET MANAGEMENT INC 1.27% of their portfolio | 559.1k $27.9m | Added +2.0k |
| GENERAL AMERICAN INVESTORS CO INC 2.28% of their portfolio | 524.5k $26.2m | Added +20.0k |
| SCOTIA CAPITAL INC. 0.18% of their portfolio | 518.8k $25.9m | Added +18.0k |
| Federation des caisses Desjardins du Quebec 0.26% of their portfolio | 501.8k $26.3m | Added +236.4k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 486.5k $24.3m | Added +61.1k |
| Triasima Portfolio Management inc. 2.00% of their portfolio | 477.6k $31.6m | Added +800 |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 468.5k $23.5m | Added +94.7k |
| Cheviot Value Management, LLC 4.96% of their portfolio | 454.9k $22.7m | Added +15.1k |
| CAMBIAR INVESTORS LLC 0.95% of their portfolio | 451.5k $22.6m | Reduced -38.6k |
| GROUP ONE TRADING LLC 0.95% of their portfolio | 442.6k $22.1m | Reduced -15.2k |
| SCOUT INVESTMENTS, INC. 0.46% of their portfolio | 430.7k $22.5m | Added +122.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 392.8k $19.6m | Added +155.2k |
| Stack Financial Management, Inc 2.17% of their portfolio | 387.5k $19.4m | Added +1.4k |
| UBS Group AG 0.01% of their portfolio | 385.4k $19.3m | Reduced -20.2k |
| BlackRock Inc. 0.00% of their portfolio | 383.6k $19.2m | Added +19.1k |
| ExodusPoint Capital Management, LP 0.22% of their portfolio | 376.6k $18.8m | Added +300.1k |
| HOWLAND CAPITAL MANAGEMENT LLC 1.08% of their portfolio | 375.1k $18.7m | Reduced -91.6k |
| BESSEMER GROUP INC 0.04% of their portfolio | 370.8k $18.5m | Added +53.1k |
| NKCFO LLC 7.80% of their portfolio | 338.7k $16.9m | Unchanged |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 325.9k $16.3m | Added +53.5k |
| Twin Tree Management, LP 0.33% of their portfolio | 322.6k $16.1m | Reduced -33.5k |
| State of Tennessee, Department of Treasury 0.06% of their portfolio | 305.0k $15.2m | Added +284.3k |
| FOUNDATION RESOURCE MANAGEMENT INC 2.46% of their portfolio | 296.0k $14.8m | Added +8.6k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 293.6k $14.7m | Added +4.6k |
| Man Group plc 0.05% of their portfolio | 293.1k $14.7m | New |
| QV Investors Inc. 1.31% of their portfolio | 290.1k $14.5m | Reduced -123.3k |