First Majestic Silver
108 hedge funds and large institutions have $219M invested in First Majestic Silver in 2014 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 27 increasing their positions, 34 reducing their positions, and 20 closing their positions.
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
8% more funds holding
Funds holding: 100 → 108 (+8)
7.21% more ownership
Funds ownership: 29.93% → 37.14% (+7.2%)
20% less capital invested
Capital invested by funds: $275M → $219M (-$55.9M)
21% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 34
28% less call options, than puts
Call options by funds: $3.13M | Put options by funds: $4.34M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$60.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.71M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
+$3.51M |
| 4 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$3.47M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$15.8M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$8.17M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.71M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$2.77M |
| 5 |
BAM
Baring Asset Management
London,
United Kingdom
|
-$2.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
126
Tradewinds Capital Management
Bellingham,
Washington
| – | -$4K | -500 | Closed |
|
|
TDC
127
Thompson Davis & Co
Richmond,
Virginia
| – | -$1K | -125 | Closed |
|
128
BNP Paribas Financial Markets
Paris,
France
| – | -$39 | -5 | Closed |
|
AG Hedge Fund Activity: Q4 2014 in Review
108 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in First Majestic Silver (AG) for Q4 2014, worth a combined $219M — down 20% from $275M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new AG positions and 20 closed out — a net gain of 9 holders — while 27 added to existing stakes and 34 trimmed.
The largest buyer was VanEck Associates, adding an estimated $60.6M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), exiting entirely with an estimated $15.8M sold.
- 108 institutional investors held First Majestic Silver (AG) as of Q4 2014, up from 100 in Q3 2014.
- Funds reported $219M of First Majestic Silver stock for Q4 2014, down 20% quarter-over-quarter.
- 29 funds opened new First Majestic Silver positions in Q4 2014 and 20 closed out, a net change of +9 holders.
- The largest First Majestic Silver buyer in Q4 2014 was VanEck Associates, an estimated $60.6M added.
- The largest First Majestic Silver seller in Q4 2014 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $15.8M sold.
Based on aggregated 13F filings for Q4 2014.