Vault-13

KINROSS GOLD CORP KGC

COM · Common Stock · CUSIP 496902404 · ISIN CA4969024047

318 institutional holders +16 vs Q1 2023
665,063,273665.1m shares reported held*
$3.2bnreported value*
54 new 91 added 99 reduced 40 sold out net bought ≈ $53.5m (+13.6m shares)

* 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.78. Options: 25 managers hold calls ($74.7m notional), 20 hold puts ($52.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 305Q4 22: 299Q1 23: 302Q2 23: 318318Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022305
Q4 2022299
Q1 2023302
Q2 2023318

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 117 bought or addedQ4 22: 160 cut or sold outQ4 22Q1 23: 135 bought or addedQ1 23: 143 cut or sold outQ1 23Q2 23: 145 bought or addedQ2 23: 139 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022117160
Q1 2023135143
Q2 2023145139

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60m$80mQ3 22 calls: $31.4mQ3 22 puts: $46.3mQ3 22P/C 1.48Q4 22 calls: $38.7mQ4 22 puts: $45.1mQ4 22P/C 1.17Q1 23 calls: $78.7mQ1 23 puts: $43.7mQ1 23P/C 0.55Q2 23 calls: $74.7mQ2 23 puts: $52.4mQ2 23P/C 0.70
Numbers
QuarterCallsPutsP/C
Q3 2022$31.4m$46.3m1.48
Q4 2022$38.7m$45.1m1.17
Q1 2023$78.7m$43.7m0.55
Q2 2023$74.7m$52.4m0.70

Biggest buyers

NORGES BANK Added +27,759,246+27.8m
TWO SIGMA INVESTMENTS, LP Added +6,437,102+6.4m
TWO SIGMA ADVISERS, LP Added +6,196,600+6.2m
TORONTO DOMINION BANK Added +5,209,258+5.2m
VAN ECK ASSOCIATES CORP Added +4,529,091+4.5m
CITADEL ADVISORS LLC Added +4,482,560+4.5m
ROYAL BANK OF CANADA Added +4,441,323+4.4m
ACADIAN ASSET MANAGEMENT LLC Added +2,687,246+2.7m
PRICE T ROWE ASSOCIATES INC /MD/ New +2,284,221+2.3m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Added +2,252,413+2.3m

Biggest sellers

Ruffer LLP Reduced -14,283,325-14.3m
NFJ INVESTMENT GROUP, LLC Sold out -13,529,066-13.5m
1832 Asset Management L.P. Reduced -4,678,246-4.7m
First Eagle Investment Management, LLC Sold out -4,555,619-4.6m
BANK OF AMERICA CORP /DE/ Reduced -3,545,633-3.5m
Man Group plc Sold out -2,480,218-2.5m
Connor, Clark & Lunn Investment Management Ltd. Reduced -2,365,600-2.4m
PointState Capital LP Sold out -2,200,221-2.2m
MARSHALL WACE, LLP Reduced -2,185,099-2.2m
DONALD SMITH & CO., INC. Reduced -2,182,330-2.2m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $29.2m6.1m shares
BANK OF MONTREAL /CAN/ New $8.3m1.7m shares
ROYAL BANK OF CANADA Added $6.0m1.3m shares
JANE STREET GROUP, LLC Added $5.3m1.1m shares
Caption Management, LLC Reduced $3.5m730.0k shares
Parallax Volatility Advisers, L.P. Added $3.3m691.7k shares
CITADEL ADVISORS LLC Reduced $3.2m671.1k shares
GROUP ONE TRADING LLC Added $2.9m611.2k shares
SIMPLEX TRADING, LLC Added $2.9m611.2k shares
SIG North Trading, ULC Added $2.3m476.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $16.8m3.5m shares
CITADEL ADVISORS LLC Reduced $6.5m1.4m shares
BANK OF MONTREAL /CAN/ New $5.9m1.2m shares
Parallax Volatility Advisers, L.P. Added $4.7m985.4k shares
SIMPLEX TRADING, LLC Added $4.0m845.0k shares
JANE STREET GROUP, LLC Added $3.7m766.5k shares
GROUP ONE TRADING LLC Reduced $3.5m737.2k shares
JPMORGAN CHASE & CO New $1.7m350.0k shares
Jefferies Financial Group Inc. Unchanged $1.2m250.0k shares
PEAK6 Investments LLC Added $1.0m219.9k 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.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution +1.0 pts · filed 2026-01-21 6.5% +1.0 pts 79.0m≈ $1.9bn 2026-01-21

Fell to 5% or below in the last year: BlackRock Portfolio Management LLC (4.9%, 2026-01-21; now reported by BlackRock, Inc.)

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VAN ECK ASSOCIATES CORP 1.57% of their portfolio NEW YORK, NY 150,701,196150.7m $718.9m $718.9m 1.57% Added +4.5m +4,529,091
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 43,941,24843.9m $209.6m $209.6m 0.00% Reduced -425.8k -425,784
3 NORGES BANK 0.04% of their portfolio OSLO, Q8 42,027,90742.0m $200.5m $200.5m 0.04% Added +27.8m +27,759,246
4 RENAISSANCE TECHNOLOGIES LLC 0.17% of their portfolio NEW YORK, NY 24,872,68924.9m $118.6m $118.6m 0.17% Reduced -773.5k -773,469
5 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 24,304,16024.3m $115.9m $115.9m 0.03% Added +4.4m +4,441,323
6 Ruffer LLP 5.97% of their portfolio LONDON, X0 21,396,87121.4m $102.0m $102.0m 5.97% Reduced -14.3m -14,283,325
7 TWO SIGMA INVESTMENTS, LP 0.20% of their portfolio NEW YORK, NY 15,873,18615.9m $75.7m $75.7m 0.20% Added +6.4m +6,437,102
8 BANK OF NOVA SCOTIA 0.19% of their portfolio TORONTO, A6 14,898,93714.9m $71.1m $71.1m 0.19% Added +245.3k +245,265
9 DONALD SMITH & CO., INC. 2.36% of their portfolio NEW YORK, NY 14,376,54814.4m $68.6m $68.6m 2.36% Reduced -2.2m -2,182,330
10 ALTRINSIC GLOBAL ADVISORS LLC 2.36% of their portfolio Stamford, CT 12,911,16812.9m $61.7m $61.7m 2.36% Reduced -235.0k -234,990
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 11,856,63811.9m $56.6m $56.6m 0.01% Added +1.5m +1,457,809
12 DEUTSCHE BANK AG\ 0.03% of their portfolio FRANKFURT AM MAIN, 2M 11,163,78311.2m $53.3m $53.3m 0.03% Reduced -1.3m -1,318,157
13 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 10,919,06810.9m $52.1m $52.1m 0.01% Added +689.1k +689,149
14 TORONTO DOMINION BANK 0.04% of their portfolio TORONTO, ONTARIO, A6 10,555,70610.6m $50.4m $50.4m 0.04% Added +5.2m +5,209,258
15 MACKENZIE FINANCIAL CORP 0.07% of their portfolio TORONTO ONTARIO, A6 10,212,60610.2m $48.7m $48.7m 0.07% Added +941.8k +941,769
16 NATIONAL BANK OF CANADA /FI/ 0.09% of their portfolio MONTREAL, A8 9,952,41210.0m $47.6m $47.6m 0.09% Reduced -65.8k -65,770
17 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 9,449,3759.4m $46.7m $46.7m 0.02% Added +1.3m +1,347,094
18 TWO SIGMA ADVISERS, LP 0.11% of their portfolio NEW YORK, NY 9,193,6019.2m $43.9m $43.9m 0.11% Added +6.2m +6,196,600
19 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 8,048,2738.0m $38.4m $38.4m 0.01% Reduced -453.2k -453,170
20 Legal & General Group Plc 0.01% of their portfolio London, X0 7,912,0377.9m $37.8m $37.8m 0.01% Added +144.0k +143,992
21 1832 Asset Management L.P. 0.07% of their portfolio TORONTO, A6 7,626,4027.6m $36.4m $36.4m 0.07% Reduced -4.7m -4,678,246
22 CIBC WORLD MARKET INC. 0.11% of their portfolio TORONTO, A6 6,885,5076.9m $32.8m $32.8m 0.11% Added +459.4k +459,360
23 Amundi 0.02% of their portfolio Paris, I0 6,847,9206.8m $33.0m $33.0m 0.02% Added +103.2k +103,155
24 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 6,442,1436.4m $30.7m $30.7m 0.02% Added +864.0k +864,046
25 Polunin Capital Partners Ltd 6.07% of their portfolio LONDON, X0 6,200,9286.2m $29.6m $29.6m 6.07% Reduced -17.3k -17,300
26 Boston Partners 0.05% of their portfolio BOSTON, MA 5,983,9316.0m $37.8m $37.8m 0.05% Reduced -1.4m -1,368,266
27 APG Asset Management N.V. 0.05% of their portfolio Amsterdam, P7 5,675,2595.7m $24.8m $24.8m 0.05% Added +1.3m +1,342,735
28 Invenomic Capital Management LP 1.43% of their portfolio BOSTON, MA 5,361,6805.4m $25.6m $25.6m 1.43% Reduced -23.4k -23,399
29 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 5,253,5485.3m $25.1m $25.1m 0.03% Added +4.5m +4,482,560
30 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 5,120,5665.1m $24.4m $24.4m 0.01% Reduced -936.0k -936,033
31 Cape Ann Asset Management Ltd 21.80% of their portfolio LONDON, X0 5,098,6635.1m $24.3m $24.3m 21.80% Reduced -220.4k -220,400
32 Swiss National Bank 0.02% of their portfolio ZURICH, V8 4,726,2184.7m $22.6m $22.6m 0.02% Reduced -318.2k -318,200
33 GABELLI FUNDS LLC 0.16% of their portfolio Rye, NY 4,343,9004.3m $20.7m $20.7m 0.16% Reduced -602.9k -602,900
34 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 4,340,8654.3m $20.7m $20.7m 0.02% Added +249.5k +249,500
35 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 4,228,0704.2m $20.0m $20.0m 0.00% Added +206.0k +206,028
36 SEMPER AUGUSTUS INVESTMENTS GROUP LLC 4.71% of their portfolio Highlands Ranch, CO 4,176,9994.2m $19.9m $19.9m 4.71% Added +166.4k +166,397
37 TD Asset Management Inc 0.02% of their portfolio Toronto, A6 4,015,9654.0m $19.2m $19.2m 0.02% Added +92.9k +92,906
38 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 3,983,2184.0m $19.0m $19.0m 0.01% Reduced -8.4k -8,362
39 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 3,640,4813.6m $17.4m $17.4m 0.03% Added +328.4k +328,352
40 BlackRock Inc. 0.00% of their portfolio New York, NY 3,559,1173.6m $17.0m $17.0m 0.00% Reduced -221.0k -221,041
41 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 3,262,0883.3m $15.6m $15.6m 0.03% Added +912.4k +912,411
42 Connor, Clark & Lunn Investment Management Ltd. 0.08% of their portfolio VANCOUVER, A1 3,254,1033.3m $15.5m $15.5m 0.08% Reduced -2.4m -2,365,600
43 ACADIAN ASSET MANAGEMENT LLC 0.06% of their portfolio Boston, MA 3,203,2463.2m $15.3m $15.3m 0.06% Added +2.7m +2,687,246
44 Quaker Capital Investments, LLC 5.37% of their portfolio MOUNT LEBANON, PA 3,160,2163.2m $15.1m $15.1m 5.37% Unchanged
45 Pine Valley Investments Ltd Liability Co 1.48% of their portfolio MARLTON, NJ 3,158,5373.2m $15.1m $15.1m 1.48% Reduced -165.1k -165,106
46 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 2,931,4372.9m $14.0m $14.0m 0.01% Reduced -1.1m -1,127,808
47 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 2,894,9302.9m $13.8m $13.8m 0.00% Added +135.8k +135,768
48 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 2,850,8582.9m $13.6m $13.6m 0.01% Reduced -611.0k -611,032
49 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 2,805,7902.8m $13.4m $13.4m 0.02% Reduced -1.8m -1,778,515
50 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 2,469,4132.5m $11.8m $11.8m 0.02% Added +2.3m +2,252,413
51 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 2,284,2212.3m $10.9m $10.9m 0.00% New
52 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 2,159,1912.2m $10.3m $10.3m 0.00% Reduced -234.3k -234,300
53 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 1,906,9991.9m $9.1m $9.1m 0.01% Reduced -54.8k -54,813
54 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 1,770,2241.8m $8.4m $8.4m 0.04% New
55 Marex Group Ltd 1.52% of their portfolio London, X0 1,764,5581.8m $8.4m $8.4m 1.52% Reduced -202.7k -202,670
56 NATIXIS 0.07% of their portfolio PARIS, I0 1,747,5681.7m $8.3m $8.3m 0.07% New
57 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,628,5101.6m $7.8m $7.8m 0.01% Added +1.0m +1,020,815
58 Euro Pacific Asset Management, LLC 1.65% of their portfolio DORADO, PR 1,618,9831.6m $7.5m $7.5m 1.65% Reduced -48.9k -48,901
59 Hillsdale Investment Management Inc. 0.70% of their portfolio Toronto, A6 1,595,7001.6m $7.6m $7.6m 0.70% New
60 CIBC Asset Management Inc 0.03% of their portfolio TORONTO, Z4 1,561,0731.6m $7.5m $7.5m 0.03% Reduced -26.7k -26,661
61 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 1,544,6471.5m $7.4m $7.4m 0.01% Added +115.9k +115,870
62 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 1,421,1561.4m $6.8m $6.8m 0.01% Unchanged
63 Alberta Investment Management Corp 0.06% of their portfolio EDMONTON, A0 1,407,3001.4m $6.7m $6.7m 0.06% Reduced -446.7k -446,700
64 Boothe Investment Group, Inc. 3.54% of their portfolio DOVER, DE 1,402,1511.4m $6.7m $6.7m 3.54% Added +34.3k +34,307
65 SG Americas Securities, LLC 0.05% of their portfolio NEW YORK, NY 1,247,8941.2m $6.0m $6.0m 0.05% Added +477.4k +477,430
66 SPROTT INC. 0.52% of their portfolio TORONTO, A6 1,189,7221.2m $5.7m $5.7m 0.52% Added +109.1k +109,143
67 STOREBRAND ASSET MANAGEMENT AS 0.02% of their portfolio LYSAKER, Q8 1,115,6991.1m $5.3m $5.3m 0.02% Reduced -145.8k -145,798
68 CIBC WORLD MARKETS CORP 0.04% of their portfolio NEW YORK, NY 1,100,0001.1m $5.2m $5.2m 0.04% Added +885.0k +885,000
69 NewGen Asset Management Ltd 3.80% of their portfolio TORONTO, A6 1,050,0001.1m $5.0m $5.0m 3.80% Reduced -650.0k -650,000
70 PKO Investment Management Joint-Stock Co 0.55% of their portfolio WARSAW, R9 938,006938.0k $4.5m $4.5m 0.55% Added +8.0k +8,000
71 Gotham Asset Management, LLC 0.10% of their portfolio NEW YORK, NY 925,990926.0k $4.4m $4.4m 0.10% Added +892.3k +892,269
72 Power Corp of Canada 0.43% of their portfolio MONTREAL, QUEBEC, Z4 908,757908.8k $4.3m $4.3m 0.43% New
73 GUGGENHEIM CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 899,662899.7k $4.3m $4.3m 0.03% Reduced -80.6k -80,599
74 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 898,515898.5k $4.3m $4.3m 0.01% Reduced -11.3k -11,327
75 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 896,708896.7k $4.3m $4.3m 0.01% Reduced -223.3k -223,268
76 LifePro Asset Management 3.28% of their portfolio San Diego, CA 892,401892.4k $4.3m $4.3m 3.28% New
77 Engineers Gate Manager LP 0.16% of their portfolio NEW YORK, NY 876,991877.0k $4.2m $4.2m 0.16% Added +445.9k +445,861
78 Cubist Systematic Strategies, LLC 0.05% of their portfolio STAMFORD, CT 875,776875.8k $4.2m $4.2m 0.05% Added +676.7k +676,698
79 UBS Group AG 0.00% of their portfolio ZURICH, V8 818,550818.5k $3.9m $3.9m 0.00% Reduced -132.1k -132,090
80 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 796,306796.3k $3.8m $3.8m 0.00% Reduced -3.5m -3,545,633
81 Empyrean Capital Partners, LP 0.20% of their portfolio LOS ANGELES, CA 787,402787.4k $3.8m $3.8m 0.20% Unchanged
82 Maryland State Retirement & Pension System 0.08% of their portfolio BALTIMORE, MD 775,658775.7k $3.7m $3.7m 0.08% New
83 Vontobel Holding Ltd. 0.03% of their portfolio ZURICH, V8 722,000722.0k $3.4m $3.4m 0.03% Added +1.0k +1,000
84 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 711,605711.6k $3.4m $3.4m 0.01% New
85 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 701,323701.3k $3.4m $3.4m 0.01% Reduced -451.7k -451,677
86 Te Ahumairangi Investment Management Ltd 0.44% of their portfolio WELLINGTON, Q2 682,500682.5k $3.3m $3.3m 0.44% Added +30.9k +30,900
87 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 621,631621.6k $2.8m $2.8m 0.01% Reduced -287.8k -287,822
88 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 597,524597.5k $2.9m $2.9m 0.00% Added +464.3k +464,308
89 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 591,015591.0k $2.8m $2.8m 0.00% Added +1.6k +1,623
90 GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio GREENWICH, CT 586,165586.2k $2.8m $2.8m 0.03% Unchanged
91 Pale Fire Capital SE 0.28% of their portfolio Prague, 2N 580,000580.0k $2.8m $2.8m 0.28% Unchanged
92 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 565,053565.1k $2.7m $2.7m 0.00% Reduced -229.2k -229,181
93 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 561,580561.6k $2.7m $2.7m 0.00% Reduced -197.1k -197,121
94 Erste Asset Management GmbH 0.05% of their portfolio VIENNA, C4 560,738560.7k $2.7m $2.7m 0.05% Unchanged
95 Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio ZURICH, V8 560,704560.7k $2.7m $2.7m 0.01% Added +3.5k +3,530
96 PDT Partners, LLC 0.33% of their portfolio New York, NY 508,180508.2k $2.4m $2.4m 0.33% Reduced -69.2k -69,190
97 U S GLOBAL INVESTORS INC 0.14% of their portfolio SAN ANTONIO, TX 500,000500.0k $2.4m $2.4m 0.14% Unchanged
98 AGF MANAGEMENT LTD 0.02% of their portfolio TORONTO, A6 485,874485.9k $2.3m $2.3m 0.02% Added +44.0k +43,993
99 Man Group plc 0.01% of their portfolio LONDON, X0 481,119481.1k $2.3m $2.3m 0.01% New
100 West Family Investments, Inc. 0.89% of their portfolio CARLSBAD, CA 480,071480.1k $2.3m $2.3m 0.89% Unchanged