Yousif Capital Management Reduces Newmont Stake

Hedge fund trims holdings in major gold mining company

Apr. 9, 2026 at 12:09pm

An extreme close-up of various mining equipment and machinery, including gears, levers, and heavy metal components, conveying the industrial scale and complexity of modern gold extraction.The intricate machinery and infrastructure behind major gold mining operations like Newmont's are a key part of the industry's capital-intensive business model.Greenwood Village Today

Yousif Capital Management LLC reduced its stake in Newmont Corporation (NYSE:NEM) by 8% during the fourth quarter, according to a recent SEC filing. The fund now owns 126,387 shares of the basic materials company's stock, valued at $12.62 million.

Why it matters

Newmont is one of the world's largest gold mining companies, and institutional investor holdings in the stock can provide insights into broader market sentiment around the gold mining industry and commodity prices.

The details

Yousif Capital Management sold 11,027 shares of Newmont during the quarter, reducing its total position to 126,387 shares. The hedge fund cited unspecified portfolio rebalancing as the reason for the reduced stake.

  • The filing covers Yousif Capital Management's holdings as of the end of the fourth quarter of 2025.
  • The shares were sold during the three-month period from October 1 to December 31, 2025.

The players

Yousif Capital Management LLC

A hedge fund that invests in a variety of asset classes, including gold mining stocks like Newmont Corporation.

Newmont Corporation

A leading global gold mining company headquartered in Greenwood Village, Colorado.

Got photos? Submit your photos here. ›

The takeaway

The reduced stake from Yousif Capital Management suggests the fund may be taking a more cautious view on the gold mining sector, though Newmont remains a major holding. Investors will be watching to see if other institutional investors follow suit or maintain their positions in the company.