First Majestic Silver
153 hedge funds and large institutions have $368M invested in First Majestic Silver in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 52 increasing their positions, 45 reducing their positions, and 39 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 45
3.85% less ownership
Funds ownership: 32.35% → 28.5% (-3.9%)
8% less funds holding
Funds holding: 167 → 153 (-14)
11% less call options, than puts
Call options by funds: $16.8M | Put options by funds: $18.9M
26% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 39
55% less capital invested
Capital invested by funds: $809M → $368M (-$441M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$11.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.07M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.37M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$3.85M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$32.4M |
| 2 |
Morgan Stanley
New York
|
-$28.9M |
| 3 |
VanEck Associates
New York
|
-$12.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.1M |
| 5 |
D.E. Shaw & Co
New York
|
-$4.64M |
AG Hedge Fund Activity: Q1 2020 in Review
153 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Majestic Silver (AG) for Q1 2020, worth a combined $368M — down 55% from $809M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of AG and 29 opened new positions — a net loss of 10 holders — while 45 trimmed existing stakes and 52 added.
The largest buyer was Renaissance Technologies, adding an estimated $11.9M. The largest seller was Commerzbank Aktiengesellschaft, cutting an estimated $32.4M.
- 153 institutional investors held First Majestic Silver (AG) as of Q1 2020, down from 167 in Q4 2019.
- Funds reported $368M of First Majestic Silver stock for Q1 2020, down 55% quarter-over-quarter.
- 29 funds opened new First Majestic Silver positions in Q1 2020 and 39 closed out, a net change of -10 holders.
- The largest First Majestic Silver buyer in Q1 2020 was Renaissance Technologies, an estimated $11.9M added.
- The largest First Majestic Silver seller in Q1 2020 was Commerzbank Aktiengesellschaft, an estimated $32.4M sold.
Based on aggregated 13F filings for Q1 2020.