First Majestic Silver
110 hedge funds and large institutions have $400M invested in First Majestic Silver in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 40 reducing their positions, and 19 closing their positions.
21% more capital invested
Capital invested by funds: $330M → $400M (+$70.3M)
2.39% more ownership
Funds ownership: 29% → 31.39% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
2% less funds holding
Funds holding: 112 → 110 (-2)
10% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 40
30% less call options, than puts
Call options by funds: $12.2M | Put options by funds: $17.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$17.1M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$10.8M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$5.91M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.44M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$4.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.17M |
| 2 |
VanEck Associates
New York
|
-$3.13M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$2.97M |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$1.8M |
| 5 |
Morgan Stanley
New York
|
-$1.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
126
Orinda Asset Management
Lafayette,
California
| – | -$70K | -7,246 | Closed |
|
127
Parallax Volatility Advisers
San Francisco,
California
| – | -$16.8K | -1,772 | Closed |
|
|
FFC
128
First Financial Corp
Terre Haute,
Indiana
| – | -$10K | -1,000 | Closed |
|
AG Hedge Fund Activity: Q2 2014 in Review
110 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Majestic Silver (AG) for Q2 2014, worth a combined $400M — up 21% from $330M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of AG and 18 opened new positions — a net loss of 1 holder — while 40 trimmed existing stakes and 36 added.
The largest buyer was OppenheimerFunds, opening a new position worth an estimated $17.1M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $5.17M sold.
- 110 institutional investors held First Majestic Silver (AG) as of Q2 2014, down from 112 in Q1 2014.
- Funds reported $400M of First Majestic Silver stock for Q2 2014, up 21% quarter-over-quarter.
- 18 funds opened new First Majestic Silver positions in Q2 2014 and 19 closed out, a net change of -1 holder.
- The largest First Majestic Silver buyer in Q2 2014 was OppenheimerFunds, an estimated $17.1M added.
- The largest First Majestic Silver seller in Q2 2014 was Polar Asset Management Partners, an estimated $5.17M sold.
Based on aggregated 13F filings for Q2 2014.