River Road Asset Management’s Pan American Silver PAAS Stock Holding History

River Road Asset Management’s Portfolio PAAS Stock Details PAAS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-1,466,259	Closed	-$15.9M	–	159
2016 Q1	$15.9M	Sell	1,466,259 -360,793	-20%	-$3.09M	0.29%	94
2015 Q4	$11.9M	Sell	1,827,052 -51,651	-3%	-$372K	0.21%	104
2015 Q3	$11.9M	Sell	1,878,703 -17,830	-0.9%	-$122K	0.18%	106
2015 Q2	$16.3M	Sell	1,896,533 -134,476	-7%	-$1.27M	0.24%	94
2015 Q1	$17.8M	Sell	2,031,009 -292,826	-13%	-$3.01M	0.25%	92
2014 Q4	$21.4M	Sell	2,323,835 -88,494	-4%	-$882K	0.3%	84
2014 Q3	$26.5M	Buy	2,412,329 +177,918	+8%	+$2.5M	0.37%	74
2014 Q2	$34.3M	Sell	2,234,411 -83,871	-4%	-$1.11M	0.45%	67
2014 Q1	$29.8M	Sell	2,318,282 -875,392	-27%	-$11.7M	0.32%	81
2013 Q4	$37.4M	Buy	3,193,674 +842,277	+36%	+$8.98M	0.41%	72
2013 Q3	$24.8M	Sell	2,351,397 -928,797	-28%	-$11.3M	0.31%	95
2013 Q2	$38.2M	Buy	+3,280,194	New	+$41.8M	0.47%	72

Other funds holding PAAS

Connor, Clark & Lunn Investment Management (CC&L) Vancouver, British Columbia, Canada $52.8B AUM 58.98% 1-Year Est. Return

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

TAM

Tocqueville Asset Management New York $7.56B AUM 44.87% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $225B AUM 49.49% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return

GXMC

Global X Management Company New York $5.62B AUM 10.7% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Ninety One (UK) London, United Kingdom $44.7B AUM 17.24% 1-Year Est. Return

River Road Asset Management's PAAS Position: Q2 2016 in Review

River Road Asset Management sold out of Pan American Silver (PAAS) in Q2 2016, closing a stake of 1,466,259 shares — an estimated $15.9M sold.

River Road Asset Management first reported a position in PAAS in Q2 2013 and held it in 12 quarters. The position peaked at $38.2M in Q2 2013. 188 funds tracked by Wall St. Rank hold PAAS as of Q2 2016.

River Road Asset Management reported no remaining Pan American Silver position as of Q2 2016 after selling out during the quarter.
River Road Asset Management sold 1,466,259 Pan American Silver shares in Q2 2016, an estimated $15.9M.
River Road Asset Management first reported a position in Pan American Silver in Q2 2013 and held it in 12 quarters.
River Road Asset Management's Pan American Silver position peaked at $38.2M in Q2 2013.
188 funds tracked by Wall St. Rank held Pan American Silver as of Q2 2016.

Based on River Road Asset Management's 13F filing for Q2 2016, filed 4 Aug 2016.