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First Majestic Silver

209 hedge funds and large institutions have $522M invested in First Majestic Silver in 2023 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 67 increasing their positions, 58 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more capital invested

Capital invested by funds: $398M → $522M (+$124M)

16% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 58

11% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 28

2.77% more ownership

Funds ownership: 26.79%29.56% (+2.8%)

1% more funds holding

Funds holding: 207209 (+2)

52% less call options, than puts

Call options by funds: $34.3M | Put options by funds: $71.5M

Holders
209
Holders Change
+2
Holders Change %
+0.97%
% of All Funds
3.05%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
31
Increased
67
Reduced
58
Closed
28
Calls
$34.3M
Puts
$71.5M
Net Calls
-$37.2M
Net Calls Change
+$2.87M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$187M +$3.91M +709,879 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$63.1M +$2.64M +479,948 +5%
Mirae Asset Global Investments
3
Mirae Asset Global Investments
South Korea
$43.1M +$1.47M +266,864 +4%
MG
4
Marex Group
$30.9M +$27.7M +5,024,606 New
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$17.3M +$2.25M +409,050 +17%
Morgan Stanley
6
Morgan Stanley
New York
$16.2M +$5.13M +930,608 +55%
Goldman Sachs
7
Goldman Sachs
New York
$9.93M +$6.22M +1,127,952 +232%
Voloridge Investment Management
8
Voloridge Investment Management
Florida
$9.46M +$6.93M +1,257,734 +449%
Jane Street
9
Jane Street
New York
$6.77M +$2.75M +498,325 +82%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$6.62M -$3.05M -553,931 -34%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$5.87M +$577K +104,746 +13%
Citadel Advisors
12
Citadel Advisors
Florida
$5.34M +$2.01M +363,910 +72%
Two Sigma Investments
13
Two Sigma Investments
New York
$4.92M +$4.41M +799,924 New
Pictet Asset Management
14
Pictet Asset Management
Switzerland
$4.88M +$2.01M +365,287 +86%
SI
15
Sprott Inc
Ontario, Canada
$4.84M +$23.5K +4,257 +0.5%
DZ Bank
16
DZ Bank
Germany
$4.79M +$32K +5,801 +0.7%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$4.79M -$1.74M -315,601 -29%
TD Asset Management
18
TD Asset Management
Ontario, Canada
$4.67M +$81.8K +14,848 +2%
National Bank of Canada
19
National Bank of Canada
Quebec, Canada
$4.26M +$217K +39,365 +6%
Deutsche Bank
20
Deutsche Bank
Germany
$3.75M -$1.31M -237,675 -28%
Capital Fund Management (CFM)
21
Capital Fund Management (CFM)
France
$3.53M +$1.48M +269,250 +88%
Swiss National Bank
22
Swiss National Bank
Switzerland
$3.5M -$272K -49,300 -8%
Legal & General Group
23
Legal & General Group
United Kingdom
$3.14M +$222K +40,325 +9%
RJA
24
Raymond James & Associates
Florida
$2.85M +$114K +20,778 +5%
BNP Paribas Financial Markets
25
BNP Paribas Financial Markets
France
$2.74M +$1.28M +231,690 +109%

AG Hedge Fund Activity: Q4 2023 in Review

209 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Majestic Silver (AG) for Q4 2023, worth a combined $522M — up 31% from $398M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new AG positions and 28 closed out — a net gain of 3 holders — while 67 added to existing stakes and 58 trimmed.

The largest buyer was Marex Group, opening a new position worth an estimated $27.7M. The largest seller was Marshall Wace, exiting entirely with an estimated $6.59M sold.

  • 209 institutional investors held First Majestic Silver (AG) as of Q4 2023, up from 207 in Q3 2023.
  • Funds reported $522M of First Majestic Silver stock for Q4 2023, up 31% quarter-over-quarter.
  • 31 funds opened new First Majestic Silver positions in Q4 2023 and 28 closed out, a net change of +3 holders.
  • The largest First Majestic Silver buyer in Q4 2023 was Marex Group, an estimated $27.7M added.
  • The largest First Majestic Silver seller in Q4 2023 was Marshall Wace, an estimated $6.59M sold.

Based on aggregated 13F filings for Q4 2023.