First Majestic Silver
100 hedge funds and large institutions have $275M invested in First Majestic Silver in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 43 reducing their positions, and 21 closing their positions.
1.47% less ownership
Funds ownership: 31.39% → 29.93% (-1.5%)
9% less funds holding
Funds holding: 110 → 100 (-10)
31% less capital invested
Capital invested by funds: $401M → $275M (-$125M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 21
51% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 43
64% less call options, than puts
Call options by funds: $3.78M | Put options by funds: $10.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
+$38.4M |
| 2 |
VanEck Associates
New York
|
+$2.94M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$1.97M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.37M |
| 5 |
Citigroup
New York
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$19.5M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$8.45M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$7.73M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$6.49M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$3.16M |
AG Hedge Fund Activity: Q3 2014 in Review
100 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First Majestic Silver (AG) for Q3 2014, worth a combined $275M — down 31% from $401M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of AG and 13 opened new positions — a net loss of 8 holders — while 43 trimmed existing stakes and 21 added.
The largest buyer was Prudential plc, opening a new position worth an estimated $38.4M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $19.5M sold.
- 100 institutional investors held First Majestic Silver (AG) as of Q3 2014, down from 110 in Q2 2014.
- Funds reported $275M of First Majestic Silver stock for Q3 2014, down 31% quarter-over-quarter.
- 13 funds opened new First Majestic Silver positions in Q3 2014 and 21 closed out, a net change of -8 holders.
- The largest First Majestic Silver buyer in Q3 2014 was Prudential plc, an estimated $38.4M added.
- The largest First Majestic Silver seller in Q3 2014 was OppenheimerFunds, an estimated $19.5M sold.
Based on aggregated 13F filings for Q3 2014.