Perpetual Ltd Boosts Newmont Corporation Stake by 3.7%

Institutional investor increases position in major gold mining company

Apr. 4, 2026 at 11:09am

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Perpetual Ltd, an investment management firm, grew its position in shares of Newmont Corporation (NYSE: NEM) by 3.7% in the fourth quarter, according to a recent 13F filing with the Securities and Exchange Commission. The fund now owns 412,871 shares of the basic materials company's stock, valued at $41.2 million.

Why it matters

Newmont is one of the world's largest gold mining companies, and institutional investor activity in its stock can signal broader market trends and investor sentiment around the gold mining industry. Perpetual Ltd's increased stake suggests the firm sees continued upside potential in Newmont's shares.

The details

Perpetual Ltd acquired an additional 14,556 shares of Newmont Corporation during the fourth quarter, bringing its total position to 412,871 shares. This represents a 3.7% increase in the firm's holding of Newmont stock compared to the prior quarter. Newmont is a leading global gold producer, with mining operations across North America, South America, Australia and Africa.

  • Perpetual Ltd increased its Newmont stake in the fourth quarter of 2025.

The players

Perpetual Ltd

An Australian-based investment management firm that owns a sizable stake in Newmont Corporation, one of the world's largest gold mining companies.

Newmont Corporation

A major global gold mining company with operations across North America, South America, Australia and Africa.

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The takeaway

Perpetual Ltd's increased investment in Newmont Corporation signals ongoing institutional confidence in the gold mining sector and the long-term growth potential of one of its largest players. This move aligns with broader market trends that have seen gold prices and mining stocks perform well amid economic uncertainty.