Vault-13

KINROSS GOLD CORP KGC

COM · Common Stock · CUSIP 496902404 · ISIN CA4969024047

328 institutional holders +10 vs Q2 2023
663,089,720663.1m shares reported held*
54.0% of all shares outstanding*
$3.1bnreported value*
36 new 101 added 116 reduced 27 sold out net sold ≈ $913.8k (-2.1m 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 ($2.3m this quarter). Holder counts are more reliable. Shares outstanding: 1.2bn as of 2023-12-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $4.61. Options: 23 managers hold calls ($58.5m notional), 20 hold puts ($43.6m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 305Q4 22: 299Q1 23: 302Q2 23: 318Q3 23: 328328Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022305
Q4 2022299
Q1 2023302
Q2 2023318
Q3 2023328

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 23Q3 23: 137 bought or addedQ3 23: 143 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022117160
Q1 2023135143
Q2 2023145139
Q3 2023137143

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ4 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 0.70Q3 23 calls: $58.5mQ3 23 puts: $43.6mQ3 23P/C 0.75
Numbers
QuarterCallsPutsP/C
Q4 2022$38.7m$45.1m1.17
Q1 2023$78.7m$43.7m0.55
Q2 2023$74.7m$52.4m0.70
Q3 2023$58.5m$43.6m0.75

Biggest buyers

Balyasny Asset Management L.P. New +6,624,053+6.6m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Added +6,600,550+6.6m
Boston Partners Added +5,752,397+5.8m
RENAISSANCE TECHNOLOGIES LLC Added +3,288,050+3.3m
Triasima Portfolio Management inc. New +2,322,000+2.3m
Genus Capital Management Inc. New +1,883,910+1.9m
AMERICAN CENTURY COMPANIES INC Added +1,603,951+1.6m
ROYAL BANK OF CANADA Added +1,526,473+1.5m
Boothe Investment Group, Inc. Added +1,510,817+1.5m
CITADEL ADVISORS LLC Added +1,348,988+1.3m

Biggest sellers

VAN ECK ASSOCIATES CORP Reduced -7,715,551-7.7m
TWO SIGMA INVESTMENTS, LP Reduced -7,032,182-7.0m
MORGAN STANLEY Reduced -4,596,992-4.6m
APG Asset Management N.V. Reduced -3,105,507-3.1m
TWO SIGMA ADVISERS, LP Reduced -3,089,200-3.1m
ACADIAN ASSET MANAGEMENT LLC Reduced -2,572,297-2.6m
DEUTSCHE BANK AG\ Reduced -2,335,083-2.3m
Ruffer LLP Reduced -2,305,634-2.3m
NATIXIS Reduced -1,740,809-1.7m
Quaker Capital Investments, LLC Reduced -1,445,400-1.4m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $21.3m4.7m shares
Parallax Volatility Advisers, L.P. Added $14.5m3.2m shares
SIG North Trading, ULC Added $3.9m858.5k shares
GROUP ONE TRADING LLC Added $3.8m833.3k shares
ROYAL BANK OF CANADA Reduced $3.4m738.6k shares
BANK OF MONTREAL /CAN/ Reduced $3.2m619.4k shares
CITADEL ADVISORS LLC Reduced $1.9m426.3k shares
SIMPLEX TRADING, LLC Reduced $1.9m424.2k shares
K2 PRINCIPAL FUND, L.P. New $912.0k200.0k shares
WOLVERINE TRADING, LLC Reduced $795.3k174.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $11.9m2.6m shares
Parallax Volatility Advisers, L.P. Added $9.6m2.1m shares
CITADEL ADVISORS LLC Reduced $5.2m1.1m shares
SIMPLEX TRADING, LLC Reduced $3.7m808.1k shares
GROUP ONE TRADING LLC Added $3.5m763.1k shares
JANE STREET GROUP, LLC Reduced $3.1m673.9k shares
ROYAL BANK OF CANADA Added $2.1m460.0k shares
GTS SECURITIES LLC New $1.1m240.8k shares
WOLVERINE TRADING, LLC Reduced $704.1k154.4k shares
Jefferies Financial Group Inc. Reduced $684.0k150.0k 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 Q3 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 Q3 2023.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VAN ECK ASSOCIATES CORP 1.43% of their portfolio NEW YORK, NY 142,985,645143.0m $652.0m $652.0m 1.43% Reduced -7.7m -7,715,551
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 44,404,28344.4m $202.5m $202.5m 0.00% Added +463.0k +463,035
3 NORGES BANK 0.04% of their portfolio OSLO, Q8 43,329,77543.3m $197.5m $197.5m 0.04% Added +1.3m +1,301,868
4 RENAISSANCE TECHNOLOGIES LLC 0.22% of their portfolio NEW YORK, NY 28,160,73928.2m $128.4m $128.4m 0.22% Added +3.3m +3,288,050
5 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 25,830,63325.8m $117.8m $117.8m 0.03% Added +1.5m +1,526,473
6 Ruffer LLP 4.86% of their portfolio LONDON, X0 19,091,23719.1m $87.7m $87.7m 4.86% Reduced -2.3m -2,305,634
7 BANK OF NOVA SCOTIA 0.18% of their portfolio TORONTO, A6 14,859,67214.9m $67.7m $67.7m 0.18% Reduced -39.3k -39,265
8 DONALD SMITH & CO., INC. 2.26% of their portfolio NEW YORK, NY 14,404,85714.4m $65.7m $65.7m 2.26% Added +28.3k +28,309
9 ALTRINSIC GLOBAL ADVISORS LLC 2.20% of their portfolio Stamford, CT 12,424,83012.4m $56.9m $56.9m 2.20% Reduced -486.3k -486,338
10 Boston Partners 0.10% of their portfolio BOSTON, MA 11,736,32811.7m $72.6m $72.6m 0.10% Added +5.8m +5,752,397
11 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 11,510,32811.5m $52.5m $52.5m 0.01% Added +591.3k +591,260
12 TORONTO DOMINION BANK 0.04% of their portfolio TORONTO, ONTARIO, A6 10,431,12010.4m $47.6m $47.6m 0.04% Reduced -124.6k -124,586
13 NATIONAL BANK OF CANADA /FI/ 0.07% of their portfolio MONTREAL, A8 9,380,3579.4m $40.8m $40.8m 0.07% Reduced -572.1k -572,055
14 MACKENZIE FINANCIAL CORP 0.07% of their portfolio TORONTO ONTARIO, A6 9,353,6899.4m $41.5m $41.5m 0.07% Reduced -858.9k -858,917
15 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 9,292,7119.3m $47.9m $47.9m 0.02% Reduced -156.7k -156,664
16 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.06% of their portfolio FRANKFURT AM MAIN, 2M 9,069,9639.1m $41.4m $41.4m 0.06% Added +6.6m +6,600,550
17 TWO SIGMA INVESTMENTS, LP 0.11% of their portfolio NEW YORK, NY 8,841,0048.8m $40.3m $40.3m 0.11% Reduced -7.0m -7,032,182
18 DEUTSCHE BANK AG\ 0.03% of their portfolio FRANKFURT AM MAIN, 2M 8,828,7008.8m $40.3m $40.3m 0.03% Reduced -2.3m -2,335,083
19 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 8,046,0948.0m $36.7m $36.7m 0.03% Added +1.6m +1,603,951
20 Legal & General Group Plc 0.01% of their portfolio London, X0 7,922,8587.9m $36.3m $36.3m 0.01% Added +10.8k +10,821
21 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 7,907,4517.9m $36.1m $36.1m 0.01% Reduced -140.8k -140,822
22 1832 Asset Management L.P. 0.07% of their portfolio TORONTO, A6 7,625,4027.6m $34.8m $34.8m 0.07% Reduced -1.0k -1,000
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7,259,6467.3m $33.1m $33.1m 0.00% Reduced -4.6m -4,596,992
24 CIBC WORLD MARKET INC. 0.11% of their portfolio TORONTO, A6 6,814,9336.8m $31.1m $31.1m 0.11% Reduced -70.6k -70,574
25 Balyasny Asset Management L.P. 0.08% of their portfolio Chicago, IL 6,624,0536.6m $30.2m $30.2m 0.08% New
26 Amundi 0.02% of their portfolio Paris, I0 6,616,3106.6m $33.9m $33.9m 0.02% Reduced -231.6k -231,610
27 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 6,602,5366.6m $30.1m $30.1m 0.03% Added +1.3m +1,348,988
28 TWO SIGMA ADVISERS, LP 0.07% of their portfolio NEW YORK, NY 6,104,4016.1m $27.8m $27.8m 0.07% Reduced -3.1m -3,089,200
29 Polunin Capital Partners Ltd 6.20% of their portfolio LONDON, X0 6,041,7286.0m $27.6m $27.6m 6.20% Reduced -159.2k -159,200
30 Invenomic Capital Management LP 1.06% of their portfolio BOSTON, MA 5,553,4405.6m $25.3m $25.3m 1.06% Added +191.8k +191,760
31 Cape Ann Asset Management Ltd 22.10% of their portfolio LONDON, X0 5,087,0635.1m $23.2m $23.2m 22.10% Reduced -11.6k -11,600
32 GABELLI FUNDS LLC 0.18% of their portfolio Rye, NY 4,965,9005.0m $22.6m $22.6m 0.18% Added +622.0k +622,000
33 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 4,507,1914.5m $20.6m $20.6m 0.01% Reduced -613.4k -613,375
34 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 4,244,8144.2m $19.2m $19.2m 0.00% Added +16.7k +16,744
35 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 4,224,4864.2m $19.3m $19.3m 0.02% Reduced -116.4k -116,379
36 SEMPER AUGUSTUS INVESTMENTS GROUP LLC 4.58% of their portfolio Highlands Ranch, CO 4,192,1774.2m $19.1m $19.1m 4.58% Added +15.2k +15,178
37 Swiss National Bank 0.01% of their portfolio ZURICH, V8 4,112,2184.1m $18.9m $18.9m 0.01% Reduced -614.0k -614,000
38 Allianz Asset Management GmbH 0.04% of their portfolio MUNICH, 2M 3,996,3774.0m $18.3m $18.3m 0.04% Added +734.3k +734,289
39 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 3,982,6724.0m $18.2m $18.2m 0.01% Added +1.1m +1,087,742
40 CREDIT SUISSE AG/ 0.02% of their portfolio ZURICH, V8 3,917,3563.9m $17.9m $17.9m 0.02% Added +985.9k +985,919
41 TD Asset Management Inc 0.02% of their portfolio Toronto, A6 3,894,6973.9m $17.8m $17.8m 0.02% Reduced -121.3k -121,268
42 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 3,862,9753.9m $17.7m $17.7m 0.01% Reduced -120.2k -120,243
43 BlackRock Inc. 0.00% of their portfolio New York, NY 3,532,8533.5m $16.1m $16.1m 0.00% Reduced -26.3k -26,264
44 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 3,211,0633.2m $14.6m $14.6m 0.02% Added +405.3k +405,273
45 Boothe Investment Group, Inc. 3.37% of their portfolio DOVER, DE 2,912,9682.9m $13.3m $13.3m 3.37% Added +1.5m +1,510,817
46 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 2,896,2522.9m $13.2m $13.2m 0.00% Added +612.0k +612,031
47 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 2,722,4822.7m $12.4m $12.4m 0.01% Reduced -128.4k -128,376
48 APG Asset Management N.V. 0.03% of their portfolio Amsterdam, P7 2,569,7522.6m $15.9m $15.9m 0.03% Reduced -3.1m -3,105,507
49 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 2,551,6592.6m $11.6m $11.6m 0.02% Added +1.0m +1,007,012
50 Hillsdale Investment Management Inc. 0.97% of their portfolio Toronto, A6 2,337,8002.3m $10.6m $10.6m 0.97% Added +742.1k +742,100
51 Triasima Portfolio Management inc. 0.98% of their portfolio MONTREAL, A8 2,322,0002.3m $10.6m $10.6m 0.98% New
52 Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio VANCOUVER, A1 2,315,0532.3m $10.5m $10.5m 0.06% Reduced -939.0k -939,050
53 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 2,260,8542.3m $10.3m $10.3m 0.02% Reduced -1.4m -1,379,627
54 Pine Valley Investments Ltd Liability Co 0.95% of their portfolio MARLTON, NJ 2,175,9542.2m $9.9m $9.9m 0.95% Reduced -982.6k -982,583
55 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 2,102,3552.1m $9.6m $9.6m 0.00% Reduced -56.8k -56,836
56 Genus Capital Management Inc. 1.36% of their portfolio VANCOUVER, A1 1,883,9101.9m $8.6m $8.6m 1.36% New
57 SPROTT INC. 0.98% of their portfolio TORONTO, A6 1,866,5201.9m $10.9m $10.9m 0.98% Added +676.8k +676,798
58 Euro Pacific Asset Management, LLC 1.87% of their portfolio DORADO, PR 1,744,2851.7m $8.0m $8.0m 1.87% Added +125.3k +125,302
59 Quaker Capital Investments, LLC 3.02% of their portfolio MOUNT LEBANON, PA 1,714,8161.7m $7.8m $7.8m 3.02% Reduced -1.4m -1,445,400
60 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 1,629,8551.6m $7.4m $7.4m 0.01% Reduced -277.1k -277,144
61 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 1,613,9611.6m $7.4m $7.4m 0.01% Added +192.8k +192,805
62 CIBC Asset Management Inc 0.03% of their portfolio TORONTO, Z4 1,565,7391.6m $7.2m $7.2m 0.03% Added +4.7k +4,666
63 AVIVA PLC 0.03% of their portfolio LONDON, X0 1,399,4231.4m $6.4m $6.4m 0.03% Added +1.2m +1,167,997
64 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,317,3771.3m $6.0m $6.0m 0.01% Reduced -311.1k -311,133
65 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,257,2051.3m $5.7m $5.7m 0.00% Added +460.9k +460,899
66 Jump Financial, LLC 0.21% of their portfolio Chicago, IL 1,224,3001.2m $5.6m $5.6m 0.21% Added +1.0m +1,048,800
67 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 1,156,5411.2m $5.3m $5.3m 0.01% Added +977.0k +976,972
68 STOREBRAND ASSET MANAGEMENT AS 0.02% of their portfolio LYSAKER, Q8 1,115,6991.1m $5.1m $5.1m 0.02% Unchanged
69 Cubist Systematic Strategies, LLC 0.06% of their portfolio STAMFORD, CT 1,079,7491.1m $4.9m $4.9m 0.06% Added +204.0k +203,973
70 SG Americas Securities, LLC 0.06% of their portfolio NEW YORK, NY 974,588974.6k $4.4m $4.4m 0.06% Reduced -273.3k -273,306
71 Power Corp of Canada 0.26% of their portfolio MONTREAL, QUEBEC, Z4 908,757908.8k $4.1m $4.1m 0.26% Unchanged
72 Alberta Investment Management Corp 0.04% of their portfolio EDMONTON, A0 907,300907.3k $4.2m $4.2m 0.04% Reduced -500.0k -500,000
73 PKO Investment Management Joint-Stock Co 0.56% of their portfolio WARSAW, R9 893,006893.0k $4.1m $4.1m 0.56% Reduced -45.0k -45,000
74 Engineers Gate Manager LP 0.15% of their portfolio NEW YORK, NY 869,222869.2k $4.0m $4.0m 0.15% Reduced -7.8k -7,769
75 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 866,075866.1k $3.9m $3.9m 0.01% Reduced -32.4k -32,440
76 CoreCommodity Management, LLC 1.25% of their portfolio STAMFORD, CT 820,261820.3k $3.7m $3.7m 1.25% Added +799.8k +799,798
77 Maryland State Retirement & Pension System 0.08% of their portfolio BALTIMORE, MD 793,972794.0k $3.6m $3.6m 0.08% Added +18.3k +18,314
78 Empyrean Capital Partners, LP 0.22% of their portfolio LOS ANGELES, CA 787,402787.4k $3.6m $3.6m 0.22% Unchanged
79 DekaBank Deutsche Girozentrale 0.01% of their portfolio FRANKFURT, 2M 767,104767.1k $3.6m $3.6m 0.01% Added +549.7k +549,735
80 UBS Group AG 0.00% of their portfolio ZURICH, V8 750,911750.9k $3.4m $3.4m 0.00% Reduced -67.6k -67,639
81 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 741,026741.0k $3.4m $3.4m 0.00% Added +653.0k +652,953
82 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 728,938728.9k $3.3m $3.3m 0.02% Reduced -1.0m -1,041,286
83 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 727,538727.5k $3.3m $3.3m 0.00% Added +427.8k +427,801
84 Vontobel Holding Ltd. 0.03% of their portfolio ZURICH, V8 722,000722.0k $3.3m $3.3m 0.03% Unchanged
85 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 711,605711.6k $3.3m $3.3m 0.01% Unchanged
86 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 709,731709.7k $3.2m $3.2m 0.01% Added +8.4k +8,408
87 Marex Group Ltd 0.43% of their portfolio London, X0 662,647662.6k $3.0m $3.0m 0.43% Reduced -1.1m -1,101,911
88 GUGGENHEIM CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 644,284644.3k $2.9m $2.9m 0.03% Reduced -255.4k -255,378
89 CANTOR FITZGERALD, L. P. 0.08% of their portfolio NEW YORK, NY 644,000644.0k $2.9m $2.9m 0.08% New
90 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 630,949630.9k $2.9m $2.9m 0.01% Reduced -2.6m -2,572,297
91 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 622,817622.8k $2.8m $2.8m 0.03% New
92 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 600,501600.5k $2.7m $2.7m 0.00% Added +9.5k +9,486
93 EDMOND DE ROTHSCHILD HOLDING S.A. 0.06% of their portfolio CHAMBESY, V8 600,000600.0k $2.8m $2.8m 0.06% Added +220.0k +220,000
94 Te Ahumairangi Investment Management Ltd 0.44% of their portfolio WELLINGTON, Q2 588,400588.4k $2.7m $2.7m 0.44% Reduced -94.1k -94,100
95 Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio ZURICH, V8 583,889583.9k $2.7m $2.7m 0.01% Added +23.2k +23,185
96 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 582,629582.6k $2.7m $2.7m 0.00% First filing
97 Pale Fire Capital SE 0.27% of their portfolio Prague, 2N 580,000580.0k $2.6m $2.6m 0.27% Unchanged
98 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 555,458555.5k $2.5m $2.5m 0.00% Added +503.8k +503,799
99 GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio GREENWICH, CT 541,765541.8k $2.5m $2.5m 0.03% Reduced -44.4k -44,400
100 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 530,639530.6k $2.4m $2.4m 0.00% Reduced -30.9k -30,941