Asset Manager Trims Newmont Stake by 6%

Asset Management One Co. Ltd. reduces its holdings in the gold mining company

Apr. 18, 2026 at 7:22am

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A highly detailed, cinematic close-up image of heavy industrial gold mining equipment and machinery, including crushers, conveyor belts, and processing tanks, all rendered in a muted, industrial color palette that conveys the scale and complexity of the mining operations.An extreme close-up of the powerful machinery that extracts and processes gold ore, reflecting the capital-intensive nature of the mining industry.Greenwood Village Today

Asset Management One Co. Ltd. has reduced its stake in Newmont Corporation (NYSE:NEM) by 6.1% during the fourth quarter, according to a filing with the Securities and Exchange Commission. The firm now owns 538,024 shares of the basic materials company's stock, valued at $53.7 million.

Why it matters

Newmont is one of the world's largest gold mining companies, so changes in institutional ownership can signal broader trends in the gold and precious metals sector. This move by a major asset manager provides insight into how some investors are positioning their portfolios amid market volatility.

The details

According to the filing, Asset Management One sold 35,094 shares of Newmont during the fourth quarter, reducing its total position to 538,024 shares. The firm cited unspecified portfolio adjustments as the reason for the trimming. Newmont's stock price has fluctuated in recent months, trading between $48.27 and $134.88 over the past 52 weeks.

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

The players

Asset Management One Co. Ltd.

A major Japanese asset management firm that oversees over $1 trillion in client assets.

Newmont Corporation

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

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The takeaway

This move by a prominent institutional investor highlights the volatility and uncertainty in the gold mining sector, as firms rebalance their portfolios in response to market conditions. It will be worth monitoring if other major investors follow suit or if Newmont is able to regain their confidence in the coming quarters.