LGT Fund Management Co Ltd. Invests $2.02M in Newmont Corporation

The investment firm takes a new position in the gold mining company.

Published on Mar. 9, 2026

LGT Fund Management Co Ltd. bought a new position in Newmont Corporation (NYSE:NEM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 23,443 shares of the basic materials company's stock, valued at approximately $2,015,000.

Why it matters

Newmont is one of the world's largest gold mining companies, and institutional investor activity in the stock can signal broader market trends and investor sentiment around the gold mining industry.

The details

LGT Fund Management Co Ltd. purchased the 23,443 shares of Newmont, which is valued at approximately $2.02 million. This represents a new position for the investment firm in Newmont. The filing shows that a number of other large investors have also made changes to their positions in Newmont, with some increasing their stakes significantly.

  • LGT Fund Management Co Ltd. bought the Newmont shares during the 3rd quarter of 2022.
  • Newmont reported its latest quarterly earnings on February 19, 2026.

The players

LGT Fund Management Co Ltd.

An investment management firm that oversees a portfolio of assets for institutional and private clients.

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

The new investment by LGT Fund Management Co Ltd. in Newmont Corporation reflects ongoing institutional interest in the gold mining sector, which could signal broader market trends and investor sentiment around the industry.