First Majestic Silver
122 hedge funds and large institutions have $370M invested in First Majestic Silver in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 50 increasing their positions, 28 reducing their positions, and 27 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 28
9% more capital invested
Capital invested by funds: $339M → $370M (+$31.7M)
1% more call options, than puts
Call options by funds: $19.5M | Put options by funds: $19.3M
0.95% more ownership
Funds ownership: 26.69% → 27.64% (+0.95%)
6% less funds holding
Funds holding: 130 → 122 (-8)
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$17.3M |
| 2 |
VanEck Associates
New York
|
+$14.7M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.48M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.78M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$3.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$12.5M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$7.4M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$7.01M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.32M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$2.64M |
AG Hedge Fund Activity: Q1 2017 in Review
122 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Majestic Silver (AG) for Q1 2017, worth a combined $370M — up 9.3% from $339M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of AG and 23 opened new positions — a net loss of 4 holders — while 28 trimmed existing stakes and 50 added.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $17.3M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $12.5M sold.
- 122 institutional investors held First Majestic Silver (AG) as of Q1 2017, down from 130 in Q4 2016.
- Funds reported $370M of First Majestic Silver stock for Q1 2017, up 9.3% quarter-over-quarter.
- 23 funds opened new First Majestic Silver positions in Q1 2017 and 27 closed out, a net change of -4 holders.
- The largest First Majestic Silver buyer in Q1 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $17.3M added.
- The largest First Majestic Silver seller in Q1 2017 was Lord, Abbett & Co, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2017.