First Majestic Silver
117 hedge funds and large institutions have $343M invested in First Majestic Silver in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 47 increasing their positions, 37 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
27% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 37
0.18% more ownership
Funds ownership: 30.11% → 30.29% (+0.18%)
0% more funds holding
Funds holding: 117 → 117 (0)
7% less call options, than puts
Call options by funds: $15.2M | Put options by funds: $16.4M
17% less capital invested
Capital invested by funds: $414M → $343M (-$70.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.7M |
| 2 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$12.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.45M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
+$1.36M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$13.1M |
| 2 |
VanEck Associates
New York
|
-$8.48M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$4.59M |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$3.41M |
| 5 |
ARTA
A.R.T. Advisors
New York
|
-$2.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
HighTower Advisors
Chicago,
Illinois
| – | -$85K | -10,197 | Closed |
|
127
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$2K | -200 | Closed |
|
AG Hedge Fund Activity: Q3 2017 in Review
117 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Majestic Silver (AG) for Q3 2017, worth a combined $343M — down 17% from $414M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new AG positions and 10 closed out — a net gain of 3 holders — while 47 added to existing stakes and 37 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.7M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $13.1M.
- 117 institutional investors held First Majestic Silver (AG) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $343M of First Majestic Silver stock for Q3 2017, down 17% quarter-over-quarter.
- 13 funds opened new First Majestic Silver positions in Q3 2017 and 10 closed out, a net change of +3 holders.
- The largest First Majestic Silver buyer in Q3 2017 was Morgan Stanley, an estimated $13.7M added.
- The largest First Majestic Silver seller in Q3 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $13.1M sold.
Based on aggregated 13F filings for Q3 2017.