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First Majestic Silver

133 hedge funds and large institutions have $307M invested in First Majestic Silver in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 27 increasing their positions, 48 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 19

5% more capital invested

Capital invested by funds: $291M → $307M (+$15.7M)

5% more funds holding

Funds holding: 127133 (+6)

0.49% more ownership

Funds ownership: 26.48%26.97% (+0.49%)

21% less call options, than puts

Call options by funds: $17.1M | Put options by funds: $21.6M

44% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 48

Holders
133
Holders Change
+6
Holders Change %
+4.72%
% of All Funds
2.96%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
25
Increased
27
Reduced
48
Closed
19
Calls
$17.1M
Puts
$21.6M
Net Calls
-$4.46M
Net Calls Change
-$1.77M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$149M -$2.49M -448,286 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$23.9M +$715K +128,807 +3%
Morgan Stanley
3
Morgan Stanley
New York
$23.1M +$227K +40,931 +1%
Mirae Asset Global Investments
4
Mirae Asset Global Investments
South Korea
$15.7M +$14.9M +2,674,557 New
CA
5
Commerzbank Aktiengesellschaft
Germany
$12.3M +$2.89M +519,694 +33%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$6.57M +$972K +175,113 +19%
Deutsche Bank
7
Deutsche Bank
Germany
$5.78M +$451K +81,286 +9%
EMG
8
ETF Managers Group
New Jersey
$5.37M -$246K -44,261 -5%
TD Asset Management
9
TD Asset Management
Ontario, Canada
$4.97M -$52.2K -9,400 -1%
Connor, Clark & Lunn Investment Management (CC&L)
10
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.54M -$2.58M -465,439 -44%
Marshall Wace
11
Marshall Wace
United Kingdom
$3.52M +$3.32M +598,179 New
AA
12
ALPS Advisors
Colorado
$3.45M -$1.13M -202,970 -26%
SI
13
Sprott Inc
Ontario, Canada
$3.06M -$2.4M -432,454 -52%
DZ Bank
14
DZ Bank
Germany
$2.71M
Public Sector Pension Investment Board (PSP Investments)
15
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.53M +$83.8K +15,100 +4%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$2.5M -$1.65M -297,797 -41%
CIBC Asset Management
17
CIBC Asset Management
Ontario, Canada
$2.38M -$75.2K -13,545 -3%
Norges Bank
18
Norges Bank
Norway
$2.35M
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$2.1M +$858K +154,433 +77%
Swiss National Bank
20
Swiss National Bank
Switzerland
$1.84M
GC
21
Guggenheim Capital
Illinois
$1.81M -$126K -22,639 -7%
BCIM
22
British Columbia Investment Management
British Columbia, Canada
$1.75M +$1.66M +298,778 New
Group One Trading
23
Group One Trading
Illinois
$1.7M +$204K +36,797 +15%
RJA
24
Raymond James & Associates
Florida
$1.59M -$28.5K -5,130 -2%
OWIM
25
Old West Investment Management
California
$1.18M +$1.11M +200,000 New

AG Hedge Fund Activity: Q4 2018 in Review

133 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Majestic Silver (AG) for Q4 2018, worth a combined $307M — up 5.4% from $291M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new AG positions and 19 closed out — a net gain of 6 holders — while 27 added to existing stakes and 48 trimmed.

The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $14.9M. The largest seller was Credit Suisse, cutting an estimated $4.56M.

  • 133 institutional investors held First Majestic Silver (AG) as of Q4 2018, up from 127 in Q3 2018.
  • Funds reported $307M of First Majestic Silver stock for Q4 2018, up 5.4% quarter-over-quarter.
  • 25 funds opened new First Majestic Silver positions in Q4 2018 and 19 closed out, a net change of +6 holders.
  • The largest First Majestic Silver buyer in Q4 2018 was Mirae Asset Global Investments, an estimated $14.9M added.
  • The largest First Majestic Silver seller in Q4 2018 was Credit Suisse, an estimated $4.56M sold.

Based on aggregated 13F filings for Q4 2018.