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 ($11.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.40. Options: 21 managers hold calls ($63.0m notional), 21 hold puts ($66.0m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 305 |
| Q4 2022 | 299 |
| Q1 2023 | 302 |
| Q2 2023 | 318 |
| Q3 2023 | 328 |
| Q4 2023 | 357 |
| Q1 2024 | 355 |
| Q2 2024 | 394 |
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 |
| Q3 2023 | 137 | 143 |
| Q4 2023 | 165 | 149 |
| Q1 2024 | 157 | 176 |
| Q2 2024 | 208 | 153 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $58.5m | $43.6m | 0.75 |
| Q4 2023 | $84.1m | $71.1m | 0.85 |
| Q1 2024 | $49.1m | $34.0m | 0.69 |
| Q2 2024 | $63.0m | $66.0m | 1.05 |
Biggest buyers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +22.5m |
| Boston Partners | Added | +14.5m |
| FIL Ltd | New | +9.9m |
| Waratah Capital Advisors Ltd. | New | +9.3m |
| CITADEL ADVISORS LLC | Added | +7.6m |
| Artemis Investment Management LLP | Added | +5.1m |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +4.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | New | +3.7m |
| NATIONAL BANK OF CANADA /FI/ | Added | +2.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | New | +1.9m |
Biggest sellers
| VAN ECK ASSOCIATES CORP | Reduced | -29.8m |
| MORGAN STANLEY | Reduced | -20.8m |
| NORGES BANK | Reduced | -10.5m |
| Ruffer LLP | Reduced | -9.4m |
| DONALD SMITH & CO., INC. | Reduced | -8.5m |
| Balyasny Asset Management L.P. | Sold out | -3.2m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.9m |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -2.8m |
| ROYAL BANK OF CANADA | Reduced | -2.1m |
| Point72 Asset Management, L.P. | Sold out | -2.0m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $13.0m1.6m shares |
| JANE STREET GROUP, LLC | Added | $8.6m1.0m shares |
| PEAK6 Investments LLC | Added | $5.8m697.1k shares |
| GROUP ONE TRADING LLC | Reduced | $5.1m615.5k shares |
| CIBC WORLD MARKET INC. | New | $5.0m600.0k shares |
| BANK OF MONTREAL /CAN/ | Added | $4.8m613.8k shares |
| CITADEL ADVISORS LLC | Added | $4.3m521.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $3.2m379.4k shares |
| SIG North Trading, ULC | Reduced | $2.8m333.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.1m255.1k shares |
Biggest puts
| Genus Capital Management Inc. | New | $16.3m2.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.9m1.8m shares |
| CITADEL ADVISORS LLC | Reduced | $8.1m967.8k shares |
| Walleye Trading LLC | Reduced | $4.2m500.0k shares |
| Parallax Volatility Advisers, L.P. | New | $3.9m470.4k shares |
| SIMPLEX TRADING, LLC | Added | $3.8m455.9k shares |
| IMC-Chicago, LLC | Added | $2.3m276.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $1.9m233.2k shares |
| GTS SECURITIES LLC | Added | $1.6m196.3k shares |
| Walleye Capital LLC | Added | $1.6m193.0k 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.
| 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 2024
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 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VAN ECK ASSOCIATES CORP 1.43% of their portfolio | 121.2m $1.0bn | Reduced -29.8m |
| VANGUARD GROUP INC 0.01% of their portfolio | 46.0m $382.8m | Added +575.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.26% of their portfolio | 34.8m $290.1m | Added +22.5m |
| NORGES BANK 0.04% of their portfolio | 33.9m $282.6m | Reduced -10.5m |
| Boston Partners 0.41% of their portfolio | 32.7m $332.0m | Added +14.5m |
| RENAISSANCE TECHNOLOGIES LLC 0.41% of their portfolio | 28.9m $240.1m | Reduced -12.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 28.4m $236.4m | Reduced -935.0k |
| ROYAL BANK OF CANADA 0.05% of their portfolio | 24.7m $205.2m | Reduced -2.1m |
| Ruffer LLP 4.61% of their portfolio | 12.9m $107.3m | Reduced -9.4m |
| Connor, Clark & Lunn Investment Management Ltd. 0.44% of their portfolio | 12.6m $105.1m | Added +4.2m |
| MACKENZIE FINANCIAL CORP 0.14% of their portfolio | 11.0m $91.3m | Added +643.0k |
| BANK OF NOVA SCOTIA 0.16% of their portfolio | 10.0m $83.6m | Reduced -1.4m |
| FIL Ltd 0.08% of their portfolio | 9.9m $82.2m | New |
| NATIONAL BANK OF CANADA /FI/ 0.12% of their portfolio | 9.5m $78.9m | Added +2.3m |
| Waratah Capital Advisors Ltd. 4.67% of their portfolio | 9.3m $77.1m | New |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 8.9m $73.8m | Added +7.6m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 8.8m $72.9m | Added +1.8m |
| 1832 Asset Management L.P. 0.12% of their portfolio | 8.1m $67.7m | Added +256.4k |
| Invesco Ltd. 0.01% of their portfolio | 8.0m $66.2m | Reduced -139.3k |
| CIBC WORLD MARKET INC. 0.16% of their portfolio | 7.9m $66.0m | Added +1.0m |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 7.7m $64.5m | Reduced -606.7k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 7.7m $61.0m | Added +663.7k |
| MORGAN STANLEY 0.00% of their portfolio | 7.6m $63.2m | Reduced -20.8m |
| Legal & General Group Plc 0.02% of their portfolio | 7.4m $61.2m | Reduced -537.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 7.1m $58.9m | Added +719.1k |
| Artemis Investment Management LLP 0.75% of their portfolio | 6.7m $55.7m | Added +5.1m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 6.6m $55.0m | Added +101.7k |
| Polunin Capital Partners Ltd 9.25% of their portfolio | 6.5m $54.3m | Reduced -96.7k |
| Amundi 0.02% of their portfolio | 5.7m $47.2m | Reduced -182.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 5.6m $46.8m | Added +880.4k |
| CIBC Asset Management Inc 0.17% of their portfolio | 5.6m $46.4m | Added +776.0k |
| GABELLI FUNDS LLC 0.33% of their portfolio | 5.2m $43.2m | Added +194.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.9m $40.7m | Added +208.9k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 4.7m $39.4m | Reduced -672.4k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.04% of their portfolio | 4.7m $39.1m | Added +465.2k |
| SEMPER AUGUSTUS INVESTMENTS GROUP LLC 6.92% of their portfolio | 4.7m $38.7m | Added +179.3k |
| TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio | 4.3m $35.7m | Added +93.1k |
| Triasima Portfolio Management inc. 3.22% of their portfolio | 4.2m $35.2m | Added +26.7k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 4.1m $31.6m | Added +1.9m |
| TD Asset Management Inc 0.03% of their portfolio | 4.0m $33.1m | Reduced -49.3k |
| First Eagle Investment Management, LLC 0.07% of their portfolio | 3.9m $32.4m | Unchanged |
| Cape Ann Asset Management Ltd 27.76% of their portfolio | 3.9m $32.3m | Reduced -972.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 3.8m $31.9m | Reduced -932.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.7m $30.9m | New |
| Swiss National Bank 0.02% of their portfolio | 3.7m $30.7m | Reduced -20.6k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 3.4m $28.0m | Reduced -8.4k |
| APG Asset Management N.V. 0.04% of their portfolio | 3.2m $24.9m | Reduced -223.1k |
| Invenomic Capital Management LP 1.27% of their portfolio | 2.9m $24.4m | Reduced -170.2k |
| DONALD SMITH & CO., INC. 0.61% of their portfolio | 2.9m $23.8m | Reduced -8.5m |
| UBS Group AG 0.01% of their portfolio | 2.7m $22.1m | Added +693.9k |
| Korea Investment CORP 0.05% of their portfolio | 2.6m $21.8m | Added +1.3m |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 2.6m $21.7m | Reduced -2.9m |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 2.5m $20.9m | Unchanged |
| FMR LLC 0.00% of their portfolio | 2.5m $20.4m | Added +664.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.4m $20.0m | Added +1.1m |
| CI INVESTMENTS INC. 0.08% of their portfolio | 2.4m $19.8m | Reduced -93.6k |
| Man Group plc 0.05% of their portfolio | 2.2m $18.2m | Added +548.2k |
| SPROTT INC. 1.33% of their portfolio | 2.2m $18.0m | Added +387.5k |
| TWO SIGMA ADVISERS, LP 0.04% of their portfolio | 2.0m $16.8m | Added +325.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.9m $16.0m | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.05% of their portfolio | 1.9m $15.9m | Added +1.1m |
| Pine Valley Investments Ltd Liability Co 1.05% of their portfolio | 1.7m $14.2m | Reduced -184.3k |
| STOREBRAND ASSET MANAGEMENT AS 0.05% of their portfolio | 1.7m $14.1m | Reduced -1.4m |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 1.6m $13.4m | Reduced -64.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.6m $13.4m | Reduced -131.6k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 1.6m $13.3m | Reduced -38.1k |
| Andra AP-fonden 0.30% of their portfolio | 1.6m $18.0m | New |
| ExodusPoint Capital Management, LP 0.14% of their portfolio | 1.6m $12.9m | Added +1.4m |
| ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio | 1.5m $12.7m | Added +1.2m |
| Euro Pacific Asset Management, LLC 2.40% of their portfolio | 1.5m $12.1m | Reduced -162.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.4m $12.0m | Reduced -82.5k |
| Hillsdale Investment Management Inc. 0.88% of their portfolio | 1.3m $11.2m | New |
| BlackRock Inc. 0.00% of their portfolio | 1.3m $10.7m | Reduced -1.3m |
| Vontobel Holding Ltd. 0.03% of their portfolio | 1.2m $9.8m | Unchanged |
| HRT FINANCIAL LP 0.06% of their portfolio | 1.2m $9.7m | New |
| TD Waterhouse Canada Inc. 0.09% of their portfolio | 1.2m $9.6m | Added +515.2k |
| AVIVA PLC 0.03% of their portfolio | 1.2m $9.6m | Added +1.5k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 1.1m $9.0m | Added +244.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 1.1m $8.9m | Added +179.1k |
| Achmea Investment Management B.V. 0.16% of their portfolio | 1.1m $8.8m | Added +427.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 1.1m $8.8m | Added +1.2k |
| Contrarius Investment Management Ltd 0.51% of their portfolio | 985.9k $8.2m | New |
| TORONTO DOMINION BANK 0.01% of their portfolio | 963.7k $8.0m | Added +791.5k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 948.7k $7.9m | Added +551.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 919.1k $7.7m | New |
| AGF MANAGEMENT LTD 0.04% of their portfolio | 907.4k $7.6m | Reduced -669.5k |
| Alberta Investment Management Corp 0.08% of their portfolio | 907.3k $7.6m | Unchanged |
| Smith Group Asset Management, LLC 0.65% of their portfolio | 884.5k $7.4m | Added +230 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 870.2k $7.2m | New |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 844.6k $7.0m | Reduced -39.2k |
| Boothe Investment Group, Inc. 3.19% of their portfolio | 835.2k $6.9m | Reduced -623.4k |
| Hamilton Capital Partners Inc. 0.73% of their portfolio | 822.5k $6.8m | Added +35.8k |
| BARCLAYS PLC 0.00% of their portfolio | 798.6k $6.6m | Reduced -118.8k |
| PKO Investment Management Joint-Stock Co 0.74% of their portfolio | 719.0k $6.0m | Reduced -230.0k |
| State of Tennessee, Department of Treasury 0.02% of their portfolio | 716.5k $6.0m | Added +4.9k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 691.4k $5.8m | Added +667.2k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 680.3k $5.7m | Reduced -1.1m |
| Zweig-DiMenna Associates LLC 0.64% of their portfolio | 680.0k $5.7m | New |
| MUFG SECURITIES (CANADA), LTD. 0.36% of their portfolio | 649.9k $5.4m | Added +649.3k |
| Sienna Gestion 0.47% of their portfolio | 639.8k $5.3m | Unchanged |