First Majestic Silver
130 hedge funds and large institutions have $339M invested in First Majestic Silver in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 39 increasing their positions, 44 reducing their positions, and 28 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2% more call options, than puts
Call options by funds: $21.8M | Put options by funds: $21.3M
4% less funds holding
Funds holding: 135 → 130 (-5)
8.09% less ownership
Funds ownership: 34.78% → 26.69% (-8.1%)
11% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 44
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
43% less capital invested
Capital invested by funds: $591M → $339M (-$253M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$13.7M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$4.84M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.27M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.12M |
| 5 |
VanEck Associates
New York
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$43.2M |
| 2 |
Millennium Management
New York
|
-$14.3M |
| 3 |
BTP
Bloom Tree Partners
New York
|
-$11.8M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$11.7M |
| 5 |
Goldman Sachs
New York
|
-$11.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
151
Boothbay Fund Management
New York
| – | -$181K | -17,548 | Closed |
|
|
MF
152
Magnetar Financial
Evanston,
Illinois
| – | -$160K | -15,505 | Closed |
|
153
Marshall Wace
London,
United Kingdom
| – | -$151K | -14,645 | Closed |
|
|
PAM
154
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$143K | -13,855 | Closed |
|
|
SCM
155
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$120K | -11,641 | Closed |
|
|
AP
156
AHL Partners
London,
United Kingdom
| – | -$109K | -10,642 | Closed |
|
|
CIM
157
Confluence Investment Management
St. Louis,
Missouri
| – | -$107K | -10,342 | Closed |
|
158
Acadian Asset Management
Boston,
Massachusetts
| – | -$1K | -100 | Closed |
|
AG Hedge Fund Activity: Q4 2016 in Review
130 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Majestic Silver (AG) for Q4 2016, worth a combined $339M — down 43% from $591M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of AG and 24 opened new positions — a net loss of 4 holders — while 44 trimmed existing stakes and 39 added.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $13.7M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $43.2M sold.
- 130 institutional investors held First Majestic Silver (AG) as of Q4 2016, down from 135 in Q3 2016.
- Funds reported $339M of First Majestic Silver stock for Q4 2016, down 43% quarter-over-quarter.
- 24 funds opened new First Majestic Silver positions in Q4 2016 and 28 closed out, a net change of -4 holders.
- The largest First Majestic Silver buyer in Q4 2016 was Lord, Abbett & Co, an estimated $13.7M added.
- The largest First Majestic Silver seller in Q4 2016 was Arrowstreet Capital, an estimated $43.2M sold.
Based on aggregated 13F filings for Q4 2016.