Waverton Investment Management Boosts Newmont Stake

Investment firm increases holding in major gold mining company by 3.4%

Mar. 2, 2026 at 3:55pm

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Waverton Investment Management Ltd., a UK-based investment management firm, has increased its stake in Newmont Corporation, one of the world's largest gold mining companies, by 3.4% in the third quarter. The firm now owns 704,331 shares of Newmont, making it the 28th largest holding in its portfolio.

Why it matters

Newmont is a bellwether stock in the gold mining industry, and institutional investors closely watch changes in major shareholders' positions. This increase in Waverton's stake suggests the firm sees continued upside potential in Newmont's stock price and the broader gold mining sector.

The details

According to a recent 13F filing, Waverton Investment Management purchased an additional 23,139 shares of Newmont in the third quarter, bringing its total position to 704,331 shares. This represents about 0.06% of Newmont's outstanding shares and makes it Waverton's 28th largest holding. The investment firm cited Newmont's strong operational performance and growth prospects as reasons for increasing its stake in the company.

  • Waverton Investment Management increased its Newmont stake in the third quarter of 2026.

The players

Waverton Investment Management Ltd

A UK-based investment management firm that has increased its stake in Newmont Corporation, one of the world's largest gold mining companies.

Newmont Corporation

A leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties.

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The takeaway

Waverton's increased investment in Newmont reflects broader institutional confidence in the gold mining sector and the company's growth potential. As a major player in the industry, Newmont's performance is closely watched by investors and analysts alike.