KINROSS GOLD CORP KGC
COM · Common Stock · CUSIP 496902404 · ISIN CA4969024047
- SectorMaterials
- IndustryGold and Silver Ores
- HeadquartersToronto, Canada
- Founded1993
- Websitekinross.com
- 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 ($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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 305 |
| Q4 2022 | 299 |
| Q1 2023 | 302 |
| Q2 2023 | 318 |
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 | 117 | 160 |
| Q1 2023 | 135 | 143 |
| Q2 2023 | 145 | 139 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $31.4m | $46.3m | 1.48 |
| Q4 2022 | $38.7m | $45.1m | 1.17 |
| Q1 2023 | $78.7m | $43.7m | 0.55 |
| Q2 2023 | $74.7m | $52.4m | 0.70 |
Biggest buyers
| NORGES BANK | Added | +27.8m |
| TWO SIGMA INVESTMENTS, LP | Added | +6.4m |
| TWO SIGMA ADVISERS, LP | Added | +6.2m |
| TORONTO DOMINION BANK | Added | +5.2m |
| VAN ECK ASSOCIATES CORP | Added | +4.5m |
| CITADEL ADVISORS LLC | Added | +4.5m |
| ROYAL BANK OF CANADA | Added | +4.4m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +2.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ | New | +2.3m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +2.3m |
Biggest sellers
| Ruffer LLP | Reduced | -14.3m |
| NFJ INVESTMENT GROUP, LLC | Sold out | -13.5m |
| 1832 Asset Management L.P. | Reduced | -4.7m |
| First Eagle Investment Management, LLC | Sold out | -4.6m |
| BANK OF AMERICA CORP /DE/ | Reduced | -3.5m |
| Man Group plc | Sold out | -2.5m |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -2.4m |
| PointState Capital LP | Sold out | -2.2m |
| MARSHALL WACE, LLP | Reduced | -2.2m |
| DONALD SMITH & CO., INC. | Reduced | -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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.0 pts · filed 2026-01-21 | 6.5% |
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
| Manager | Shares | Change |
|---|---|---|
| VAN ECK ASSOCIATES CORP 1.57% of their portfolio | 150.7m $718.9m | Added +4.5m |
| VANGUARD GROUP INC 0.00% of their portfolio | 43.9m $209.6m | Reduced -425.8k |
| NORGES BANK 0.04% of their portfolio | 42.0m $200.5m | Added +27.8m |
| RENAISSANCE TECHNOLOGIES LLC 0.17% of their portfolio | 24.9m $118.6m | Reduced -773.5k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 24.3m $115.9m | Added +4.4m |
| Ruffer LLP 5.97% of their portfolio | 21.4m $102.0m | Reduced -14.3m |
| TWO SIGMA INVESTMENTS, LP 0.20% of their portfolio | 15.9m $75.7m | Added +6.4m |
| BANK OF NOVA SCOTIA 0.19% of their portfolio | 14.9m $71.1m | Added +245.3k |
| DONALD SMITH & CO., INC. 2.36% of their portfolio | 14.4m $68.6m | Reduced -2.2m |
| ALTRINSIC GLOBAL ADVISORS LLC 2.36% of their portfolio | 12.9m $61.7m | Reduced -235.0k |
| MORGAN STANLEY 0.01% of their portfolio | 11.9m $56.6m | Added +1.5m |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 11.2m $53.3m | Reduced -1.3m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 10.9m $52.1m | Added +689.1k |
| TORONTO DOMINION BANK 0.04% of their portfolio | 10.6m $50.4m | Added +5.2m |
| MACKENZIE FINANCIAL CORP 0.07% of their portfolio | 10.2m $48.7m | Added +941.8k |
| NATIONAL BANK OF CANADA /FI/ 0.09% of their portfolio | 10.0m $47.6m | Reduced -65.8k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 9.4m $46.7m | Added +1.3m |
| TWO SIGMA ADVISERS, LP 0.11% of their portfolio | 9.2m $43.9m | Added +6.2m |
| Invesco Ltd. 0.01% of their portfolio | 8.0m $38.4m | Reduced -453.2k |
| Legal & General Group Plc 0.01% of their portfolio | 7.9m $37.8m | Added +144.0k |
| 1832 Asset Management L.P. 0.07% of their portfolio | 7.6m $36.4m | Reduced -4.7m |
| CIBC WORLD MARKET INC. 0.11% of their portfolio | 6.9m $32.8m | Added +459.4k |
| Amundi 0.02% of their portfolio | 6.8m $33.0m | Added +103.2k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 6.4m $30.7m | Added +864.0k |
| Polunin Capital Partners Ltd 6.07% of their portfolio | 6.2m $29.6m | Reduced -17.3k |
| Boston Partners 0.05% of their portfolio | 6.0m $37.8m | Reduced -1.4m |
| APG Asset Management N.V. 0.05% of their portfolio | 5.7m $24.8m | Added +1.3m |
| Invenomic Capital Management LP 1.43% of their portfolio | 5.4m $25.6m | Reduced -23.4k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 5.3m $25.1m | Added +4.5m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 5.1m $24.4m | Reduced -936.0k |
| Cape Ann Asset Management Ltd 21.80% of their portfolio | 5.1m $24.3m | Reduced -220.4k |
| Swiss National Bank 0.02% of their portfolio | 4.7m $22.6m | Reduced -318.2k |
| GABELLI FUNDS LLC 0.16% of their portfolio | 4.3m $20.7m | Reduced -602.9k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 4.3m $20.7m | Added +249.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.2m $20.0m | Added +206.0k |
| SEMPER AUGUSTUS INVESTMENTS GROUP LLC 4.71% of their portfolio | 4.2m $19.9m | Added +166.4k |
| TD Asset Management Inc 0.02% of their portfolio | 4.0m $19.2m | Added +92.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 4.0m $19.0m | Reduced -8.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 3.6m $17.4m | Added +328.4k |
| BlackRock Inc. 0.00% of their portfolio | 3.6m $17.0m | Reduced -221.0k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 3.3m $15.6m | Added +912.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.08% of their portfolio | 3.3m $15.5m | Reduced -2.4m |
| ACADIAN ASSET MANAGEMENT LLC 0.06% of their portfolio | 3.2m $15.3m | Added +2.7m |
| Quaker Capital Investments, LLC 5.37% of their portfolio | 3.2m $15.1m | Unchanged |
| Pine Valley Investments Ltd Liability Co 1.48% of their portfolio | 3.2m $15.1m | Reduced -165.1k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 2.9m $14.0m | Reduced -1.1m |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 2.9m $13.8m | Added +135.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 2.9m $13.6m | Reduced -611.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 2.8m $13.4m | Reduced -1.8m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 2.5m $11.8m | Added +2.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 2.3m $10.9m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.2m $10.3m | Reduced -234.3k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 1.9m $9.1m | Reduced -54.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 1.8m $8.4m | New |
| Marex Group Ltd 1.52% of their portfolio | 1.8m $8.4m | Reduced -202.7k |
| NATIXIS 0.07% of their portfolio | 1.7m $8.3m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 1.6m $7.8m | Added +1.0m |
| Euro Pacific Asset Management, LLC 1.65% of their portfolio | 1.6m $7.5m | Reduced -48.9k |
| Hillsdale Investment Management Inc. 0.70% of their portfolio | 1.6m $7.6m | New |
| CIBC Asset Management Inc 0.03% of their portfolio | 1.6m $7.5m | Reduced -26.7k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 1.5m $7.4m | Added +115.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 1.4m $6.8m | Unchanged |
| Alberta Investment Management Corp 0.06% of their portfolio | 1.4m $6.7m | Reduced -446.7k |
| Boothe Investment Group, Inc. 3.54% of their portfolio | 1.4m $6.7m | Added +34.3k |
| SG Americas Securities, LLC 0.05% of their portfolio | 1.2m $6.0m | Added +477.4k |
| SPROTT INC. 0.52% of their portfolio | 1.2m $5.7m | Added +109.1k |
| STOREBRAND ASSET MANAGEMENT AS 0.02% of their portfolio | 1.1m $5.3m | Reduced -145.8k |
| CIBC WORLD MARKETS CORP 0.04% of their portfolio | 1.1m $5.2m | Added +885.0k |
| NewGen Asset Management Ltd 3.80% of their portfolio | 1.1m $5.0m | Reduced -650.0k |
| PKO Investment Management Joint-Stock Co 0.55% of their portfolio | 938.0k $4.5m | Added +8.0k |
| Gotham Asset Management, LLC 0.10% of their portfolio | 926.0k $4.4m | Added +892.3k |
| Power Corp of Canada 0.43% of their portfolio | 908.8k $4.3m | New |
| GUGGENHEIM CAPITAL LLC 0.03% of their portfolio | 899.7k $4.3m | Reduced -80.6k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 898.5k $4.3m | Reduced -11.3k |
| CITIGROUP INC 0.01% of their portfolio | 896.7k $4.3m | Reduced -223.3k |
| LifePro Asset Management 3.28% of their portfolio | 892.4k $4.3m | New |
| Engineers Gate Manager LP 0.16% of their portfolio | 877.0k $4.2m | Added +445.9k |
| Cubist Systematic Strategies, LLC 0.05% of their portfolio | 875.8k $4.2m | Added +676.7k |
| UBS Group AG 0.00% of their portfolio | 818.5k $3.9m | Reduced -132.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 796.3k $3.8m | Reduced -3.5m |
| Empyrean Capital Partners, LP 0.20% of their portfolio | 787.4k $3.8m | Unchanged |
| Maryland State Retirement & Pension System 0.08% of their portfolio | 775.7k $3.7m | New |
| Vontobel Holding Ltd. 0.03% of their portfolio | 722.0k $3.4m | Added +1.0k |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 711.6k $3.4m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 701.3k $3.4m | Reduced -451.7k |
| Te Ahumairangi Investment Management Ltd 0.44% of their portfolio | 682.5k $3.3m | Added +30.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 621.6k $2.8m | Reduced -287.8k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 597.5k $2.9m | Added +464.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 591.0k $2.8m | Added +1.6k |
| GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio | 586.2k $2.8m | Unchanged |
| Pale Fire Capital SE 0.28% of their portfolio | 580.0k $2.8m | Unchanged |
| PICTET ASSET MANAGEMENT SA 0.00% of their portfolio | 565.1k $2.7m | Reduced -229.2k |
| BARCLAYS PLC 0.00% of their portfolio | 561.6k $2.7m | Reduced -197.1k |
| Erste Asset Management GmbH 0.05% of their portfolio | 560.7k $2.7m | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio | 560.7k $2.7m | Added +3.5k |
| PDT Partners, LLC 0.33% of their portfolio | 508.2k $2.4m | Reduced -69.2k |
| U S GLOBAL INVESTORS INC 0.14% of their portfolio | 500.0k $2.4m | Unchanged |
| AGF MANAGEMENT LTD 0.02% of their portfolio | 485.9k $2.3m | Added +44.0k |
| Man Group plc 0.01% of their portfolio | 481.1k $2.3m | New |
| West Family Investments, Inc. 0.89% of their portfolio | 480.1k $2.3m | Unchanged |