Which funds own AEM
Agnico Eagle Mines LTD in the Q2 2026 filings. At least 8 of the 91 current managers on file reported a position, worth $8.3bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 8
- at least, of 91 current
- Combined value
- $8.3bn
- as reported
- Opened
- 1
- new this quarter
- Added to
- 3
- already held
- Trimmed or sold out
- 5
- 1 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Capital World Investors Long-only · $846bn book | $3.1bn | 0.4% | 19,724,774 | -$1.3bn-1,901,533 | Trimmed |
| Fidelity (FMR LLC) Long-only · $2304bn book | $2.2bn | 0.1% | 13,888,418 | -$1.8bn-5,688,766 | Trimmed |
| MFS Investment Management Long-only · $315bn book | $1.9bn | 0.6% | 11,922,732 | -$573m+55,731 | Added |
| First Eagle Investment Management LLC Activist · $60.8bn book | $806m | 1.3% | 5,192,638 | -$248m-419 | Trimmed |
| Arrowstreet Capital LP Quantitative · $225bn book | $322m | 0.1% | 2,075,861 | -$1.0bn-4,669,228 | Trimmed |
| Bridgewater Associates LP Macro · $24.4bn book | $31m | 0.1% | 196,829 | +$13m+108,092 | Added |
| ExodusPoint Capital Management LP Multi-strategy · $15.5bn book | $16m | 0.1% | 103,039 | opened103,039 | New |
| Discovery Capital Management LLC Macro · $2.4bn book | $12m | 0.5% | 77,300 | +$3.2m+34,000 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Winton Group Ltd · Quantitative$3.6m held before
Ownership through time
At least 19 of the 95 managers whose filings are on file listed AEM in Q2 2026, against 3 in Q2 2013. 4 managers more than in Q1 2026: 2 started positions; 4 listed it again; 2 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 3
- Q3 2013: 3
- Q4 2013: 4
- Q1 2014: 6
- Q2 2014: 6
- Q3 2014: 7
- Q4 2014: 9
- Q1 2015: 6
- Q2 2015: 6
- Q3 2015: 5
- Q4 2015: 6
- Q1 2016: 9
- Q2 2016: 11
- Q3 2016: 8
- Q4 2016: 10
- Q1 2017: 12
- Q2 2017: 10
- Q3 2017: 9
- Q4 2017: 9
- Q1 2018: 9
- Q2 2018: 8
- Q3 2018: 6
- Q4 2018: 7
- Q1 2019: 8
- Q2 2019: 8
- Q3 2019: 10
- Q4 2019: 10
- Q1 2020: 14
- Q2 2020: 11
- Q3 2020: 16
- Q4 2020: 12
- Q1 2021: 9
- Q2 2021: 8
- Q3 2021: 8
- Q4 2021: 9
- Q1 2022: 12
- Q2 2022: 11
- Q3 2022: 11
- Q4 2022: 12
- Q1 2023: 12
- Q2 2023: 14
- Q3 2023: 13
- Q4 2023: 12
- Q1 2024: 12
- Q2 2024: 12
- Q3 2024: 12
- Q4 2024: 9
- Q1 2025: 13
- Q2 2025: 14
- Q3 2025: 13
- Q4 2025: 13
- Q1 2026: 15
- Q2 2026: 19
- Q2 2013: $703m
- Q3 2013: $675m
- Q4 2013: $686m
- Q1 2014: $800m
- Q2 2014: $998m
- Q3 2014: $617m
- Q4 2014: $594m
- Q1 2015: $558m
- Q2 2015: $553m
- Q3 2015: $536m
- Q4 2015: $511m
- Q1 2016: $1.0bn
- Q2 2016: $1.6bn
- Q3 2016: $1.5bn
- Q4 2016: $1.2bn
- Q1 2017: $1.5bn
- Q2 2017: $1.6bn
- Q3 2017: $1.5bn
- Q4 2017: $1.5bn
- Q1 2018: $1.6bn
- Q2 2018: $1.0bn
- Q3 2018: $729m
- Q4 2018: $875m
- Q1 2019: $897m
- Q2 2019: $1.1bn
- Q3 2019: $965m
- Q4 2019: $1.5bn
- Q1 2020: $1.1bn
- Q2 2020: $1.9bn
- Q3 2020: $2.6bn
- Q4 2020: $2.2bn
- Q1 2021: $1.3bn
- Q2 2021: $2.0bn
- Q3 2021: $1.0bn
- Q4 2021: $1.3bn
- Q1 2022: $2.5bn
- Q2 2022: $1.7bn
- Q3 2022: $1.7bn
- Q4 2022: $2.1bn
- Q1 2023: $2.4bn
- Q2 2023: $2.5bn
- Q3 2023: $2.2bn
- Q4 2023: $2.8bn
- Q1 2024: $3.2bn
- Q2 2024: $3.5bn
- Q3 2024: $4.4bn
- Q4 2024: $4.5bn
- Q1 2025: $7.5bn
- Q2 2025: $8.1bn
- Q3 2025: $12.5bn
- Q4 2025: $12.6bn
- Q1 2026: $14.6bn
- Q2 2026: $9.9bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Capital Research Global Investors580,559 to 1,107,123 shares+$82m
- AQR Capital Management LLC793,097 to 1,097,928 shares+$46m
- Balyasny Asset Management LLCnew: 217,825 shares+$34m
- Bridgewater Associates LP88,737 to 196,829 shares+$17m
- ExodusPoint Capital Management LPnew: 103,039 shares+$16m
Largest decreases, by shares
- Fidelity (FMR LLC)19,577,184 to 13,888,418 shares-$884m
- Arrowstreet Capital LP6,745,089 to 2,075,861 shares-$725m
- Capital World Investors21,626,307 to 19,724,774 shares-$295m
- Neuberger Berman Group LLC1,489,126 to 719,598 shares-$119m
- First Eagle Investment Management LLC5,193,057 to 5,192,638 shares-$65k
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Capital World Investors | Q3 2018 | $4.4bn | $3.1bn | |
| Fidelity (FMR LLC) | Q1 2016 | $4.0bn | $2.2bn | |
| MFS Investment Management | Q2 2014 | $2.5bn | $1.9bn | |
| First Eagle Investment Management LLC | Q2 2013 | $1.1bn | $806m | |
| Invesco Ltd | Q2 2020 | $638m | $498m | |
| Arrowstreet Capital LP | Q1 2020 | $1.5bn | $322m | |
| Jane Street Group LLC | Q2 2016 | $245m | $245m | |
| Capital Research Global Investors | Q1 2017 | $231m | $172m | |
| AQR Capital Management LLC | Q4 2014 | $167m | $167m | |
| D. E. Shaw & Co. | Q3 2020 | $125m | $125m | |
| Neuberger Berman Group LLC | Q2 2016 | $416m | $112m | |
| Renaissance Technologies LLC | Q3 2014 | $285m | $77m | |
| Two Sigma Investments LP | Q3 2016 | $77m | $72m | |
| Man Group PLC | Q4 2019 | $60m | $45m | |
| Balyasny Asset Management LLC | Q4 2020 | $63m | $34m | |
| T. Rowe Price Associates Inc | Q2 2013 | $235m | last listed Q2 2014 | |
| Millennium Management LLC | Q1 2014 | $212m | last listed Q2 2024 | |
| Citadel Advisors LLC | Q4 2016 | $152m | last listed Q1 2024 | |
| AllianceBernstein LP | Q1 2020 | $122m | last listed Q4 2021 | |
| Acadian Asset Management LLC | Q3 2020 | $52m | last listed Q1 2026 | |
| Janus Henderson Group Ltd | Q1 2020 | $42m | last listed Q1 2020 | |
| Two Sigma Advisers LP | Q1 2017 | $36m | last listed Q1 2022 | |
| Voloridge Investment Management LLC | Q3 2014 | $30m | last listed Q3 2024 | |
| Marshall Wace LLP | Q4 2014 | $28m | last listed Q1 2020 | |
| Brevan Howard Capital Management LP | Q3 2025 | $26m | last listed Q3 2025 |
What AEM is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around AEM →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More
The holdings, every quarter, and the week between
One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.
One email a week, free, and you can leave at any point.