First Majestic Silver
112 hedge funds and large institutions have $330M invested in First Majestic Silver in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 45 increasing their positions, 29 reducing their positions, and 15 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
1% less funds holding
Funds holding: 113 → 112 (-1)
5% less capital invested
Capital invested by funds: $347M → $330M (-$16.9M)
1.1% less ownership
Funds ownership: 30.1% → 29% (-1.1%)
74% less call options, than puts
Call options by funds: $5.93M | Put options by funds: $22.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$6.33M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$5.85M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$4.98M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$2.49M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$11.8M |
| 2 |
VanEck Associates
New York
|
-$5.89M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.59M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$5.4M |
| 5 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
-$2.7M |
AG Hedge Fund Activity: Q1 2014 in Review
112 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Majestic Silver (AG) for Q1 2014, worth a combined $330M — down 4.9% from $347M a quarter earlier.
Fund positioning in AG was balanced in Q1 2014: 15 funds opened new positions, 15 closed out, 45 added to existing stakes and 29 trimmed.
The largest buyer was Fiera Capital (Canada), adding an estimated $6.33M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $11.8M sold.
- 112 institutional investors held First Majestic Silver (AG) as of Q1 2014, down from 113 in Q4 2013.
- Funds reported $330M of First Majestic Silver stock for Q1 2014, down 4.9% quarter-over-quarter.
- 15 funds opened new First Majestic Silver positions in Q1 2014 and 15 closed out, a net change of 0 holders.
- The largest First Majestic Silver buyer in Q1 2014 was Fiera Capital (Canada), an estimated $6.33M added.
- The largest First Majestic Silver seller in Q1 2014 was Renaissance Technologies, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2014.