First Majestic Silver
214 hedge funds and large institutions have $439M invested in First Majestic Silver in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 62 increasing their positions, 63 reducing their positions, and 23 closing their positions.
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
1% more funds holding
Funds holding: 211 → 214 (+3)
2% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 63
5.38% less ownership
Funds ownership: 33.66% → 28.28% (-5.4%)
32% less capital invested
Capital invested by funds: $650M → $439M (-$211M)
50% less call options, than puts
Call options by funds: $20.7M | Put options by funds: $41.1M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$11.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$6.57M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$3.15M |
| 5 |
Renaissance Technologies
New York
|
+$3.14M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$7.94M |
| 2 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$6.24M |
| 3 |
VanEck Associates
New York
|
-$6.14M |
| 4 |
Goldman Sachs
New York
|
-$5.99M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$107K | -14,824 | Closed |
|
227
Tudor Investment Corp
Stamford,
Connecticut
| – | -$105K | -14,571 | Closed |
|
228
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$102K | -14,196 | Closed |
|
|
AA
229
ALPS Advisors
Denver,
Colorado
| – | -$91.9K | -12,741 | Closed |
|
|
SIMG
230
Sonora Investment Management Group
Tucson,
Arizona
| – | -$86.5K | -12,000 | Closed |
|
|
SEC
231
Seven Eight Capital
New York
| – | -$85.3K | -11,834 | Closed |
|
|
BWM
232
BerganKDV Wealth Management
Bloomington,
Minnesota
| – | -$36K | -5,000 | Closed |
|
|
AAS
233
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$24.9K | -3,500 | Closed |
|
|
BAM
234
Belpointe Asset Management
Reno,
Nevada
| – | -$7.32K | -1,015 | Closed |
|
|
M1FG
235
Mach-1 Financial Group
Rogers,
Arkansas
| – | -$6.24M | -865 | Closed |
|
|
HT
236
Headlands Technologies
Chicago,
Illinois
| – | -$4.07K | -564 | Closed |
|
AG Hedge Fund Activity: Q2 2023 in Review
214 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Majestic Silver (AG) for Q2 2023, worth a combined $439M — down 32% from $650M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new AG positions and 23 closed out — a net gain of 5 holders — while 62 added to existing stakes and 63 trimmed.
The largest buyer was Mirae Asset Global Investments, adding an estimated $11.1M. The largest seller was Millennium Management, cutting an estimated $7.94M.
- 214 institutional investors held First Majestic Silver (AG) as of Q2 2023, up from 211 in Q1 2023.
- Funds reported $439M of First Majestic Silver stock for Q2 2023, down 32% quarter-over-quarter.
- 28 funds opened new First Majestic Silver positions in Q2 2023 and 23 closed out, a net change of +5 holders.
- The largest First Majestic Silver buyer in Q2 2023 was Mirae Asset Global Investments, an estimated $11.1M added.
- The largest First Majestic Silver seller in Q2 2023 was Millennium Management, an estimated $7.94M sold.
Based on aggregated 13F filings for Q2 2023.