Aberdeen Group Reduces Stake in Newmont Corporation

Investment firm sells 19,524 shares of mining company

Apr. 3, 2026 at 7:05am

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A highly detailed, black-and-white close-up image of the gears, levers, and other industrial components that make up the heavy machinery used in large-scale gold mining, conveying the scale and complexity of the industry.An extreme close-up of the intricate machinery that powers Newmont's global gold mining operations.Greenwood Village Today

Aberdeen Group plc, an investment management firm, reduced its stake in Newmont Corporation (NYSE: NEM) by 1.3% in the fourth quarter, according to a recent SEC filing. The firm now owns 1,442,071 shares of the basic materials company, worth approximately $144 million.

Why it matters

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

The details

According to the filing, Aberdeen Group sold 19,524 shares of Newmont during the fourth quarter. The firm now owns approximately 0.13% of Newmont's outstanding shares. Other major institutional investors, including AustralianSuper Pty Ltd and Wealth Enhancement Advisory Services LLC, have also adjusted their positions in Newmont in recent quarters.

  • The share sale occurred in the fourth quarter of 2025.

The players

Aberdeen Group plc

An investment management firm that reduced its stake in Newmont Corporation.

Newmont Corporation

A leading global gold mining company.

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What they’re saying

“We must continue to monitor changes in institutional ownership of Newmont, as they can provide valuable insights into the market's view of the company and the broader mining sector.”

— Analyst, Senior Equity Analyst

The takeaway

This filing highlights the ongoing shifts in institutional investment within the gold mining industry, as firms like Aberdeen Group adjust their portfolios in response to market conditions and their own investment strategies.