Cambria Investment Management Boosts Newmont Stake

Investment firm increases holdings in gold mining company by over 1,000%

Mar. 19, 2026 at 8:25am

Got story updates? Submit your updates here. ›

Cambria Investment Management L.P. significantly increased its position in Newmont Corporation (NYSE: NEM), the world's largest gold mining company, by 1,187.2% during the third quarter. The firm now owns 120,031 shares of Newmont's stock, worth $10.12 million.

Why it matters

Newmont is one of the most prominent gold mining companies globally, and its stock performance is closely watched by investors as a bellwether for the precious metals industry. Cambria's major increase in its Newmont holdings suggests the investment firm sees significant upside potential in the company's shares.

The details

According to a recent SEC filing, Cambria Investment Management acquired an additional 110,706 shares of Newmont during the third quarter, bringing its total position to 120,031 shares. This represents a 1,187.2% increase in Cambria's Newmont holdings compared to the prior quarter. Newmont is a leading global gold producer, operating a portfolio of long-lived mines and development projects across North America, South America, Australia and Africa.

  • Cambria Investment Management increased its Newmont position during the third quarter of 2026.

The players

Cambria Investment Management L.P.

An investment management firm that significantly increased its stake in Newmont Corporation.

Newmont Corporation

The world's largest gold mining company, headquartered in Greenwood Village, Colorado.

Got photos? Submit your photos here. ›

The takeaway

Cambria's major increase in its Newmont holdings suggests the investment firm sees strong growth potential in the gold mining company's shares, underscoring investor confidence in Newmont's long-term prospects as a leading global gold producer.