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Why One Fund’s $4 Million Centerra Gold Exit Looks Like Profit-Taking Amid a 150% Rally
Key takeaways
- According to a Securities and Exchange Commission (SEC) filing dated May 8, 2026, CM Management, LLC fully exited its position in Centerra Gold by selling 200,000 shares.
- NASDAQ: ALCO: $8.25 million (6.9% of AUM)
- NASDAQ: RIGL: $6.35 million (5.3% of AUM)
Jonathan Ponciano, The Motley Fool Sun, May 10, 2026 at 10:22 PM GMT+7 4 min read CGAU ALCO RIGL RPRX On May 8, 2026, CM Management reported selling its entire 200,000-share stake in Centerra Gold (NYSE:CGAU), an estimated $3.56 million trade based on quarterly average pricing.
According to a Securities and Exchange Commission (SEC) filing dated May 8, 2026, CM Management, LLC fully exited its position in Centerra Gold by selling 200,000 shares. The estimated transaction value was $3.56 million, calculated using the mean unadjusted close within the first quarter. The quarter-end value of the position declined by $2.87 million, reflecting both the trade and price movements during the period.
NASDAQ: ALCO: $8.25 million (6.9% of AUM)
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