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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.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+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: 135130 (-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)

Holders
130
Holders Change
-5
Holders Change %
-3.7%
% of All Funds
3.25%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
24
Increased
39
Reduced
44
Closed
28
Calls
$21.8M
Puts
$21.3M
Net Calls
+$471K
Net Calls Change
-$6.08M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$74.8M +$2.74M +328,035 +3%
PP
2
Prudential plc
United Kingdom
$34.4M
Vanguard Group
3
Vanguard Group
Pennsylvania
$22.9M +$1.24M +149,061 +5%
Connor, Clark & Lunn Investment Management (CC&L)
4
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$21.5M -$11.7M -1,407,331 -33%
GXMC
5
Global X Management Company
New York
$12.9M -$2.28K -273 -0%
Lord, Abbett & Co
6
Lord, Abbett & Co
New Jersey
$12.5M +$13.7M +1,642,455 New
AIMCA
7
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$10.2M -$7.04M -844,300 -46%
SI
8
Sprott Inc
Ontario, Canada
$10.2M +$1.63M +195,048 +17%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$9.15M -$1.53M -183,762 -13%
Public Sector Pension Investment Board (PSP Investments)
10
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$8.33M -$272K -32,600 -3%
TD Asset Management
11
TD Asset Management
Ontario, Canada
$7.87M -$771K -92,500 -8%
Norges Bank
12
Norges Bank
Norway
$7.77M
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$7.75M +$3.12M +374,453 +75%
Deutsche Bank
14
Deutsche Bank
Germany
$6.9M -$8.85M -1,061,690 -54%
AA
15
ALPS Advisors
Colorado
$6.52M -$389K -46,614 -5%
EMG
16
ETF Managers Group
New Jersey
$6.27M +$556K +66,606 +9%
Baird Financial Group
17
Baird Financial Group
Wisconsin
$4.82M +$4.84M +580,072 +1,120%
Morgan Stanley
18
Morgan Stanley
New York
$4.28M -$9.52M -1,141,365 -67%
DZ Bank
19
DZ Bank
Germany
$4.22M +$4.76M +570,700 New
Citigroup
20
Citigroup
New York
$4.05M -$428K -51,281 -9%
CA
21
Commerzbank Aktiengesellschaft
Germany
$3.94M +$2.1M +252,142 +95%
Group One Trading
22
Group One Trading
Illinois
$3.65M -$1.66M -198,471 -29%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$3.12M +$3.27M +391,587 +2,324%
Bank of America
24
Bank of America
North Carolina
$2.98M +$253K +30,372 +8%
CSS
25
Cubist Systematic Strategies
Connecticut
$2.73M +$1.01M +121,525 +51%

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.