Endeavour Silver
75 hedge funds and large institutions have $105M invested in Endeavour Silver in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 14 closing their positions.
20% more capital invested
Capital invested by funds: $87.3M → $105M (+$17.3M)
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
1.03% less ownership
Funds ownership: 25.48% → 24.46% (-1%)
11% less funds holding
Funds holding: 84 → 75 (-9)
21% less call options, than puts
Call options by funds: $1.6M | Put options by funds: $2.03M
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$5.06M |
| 2 |
VanEck Associates
New York
|
+$2.46M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.59M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$1.23M |
| 5 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$961K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$8.39M |
| 2 |
Renaissance Technologies
New York
|
-$5.16M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.16M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$622K |
| 5 |
T
TradeWorx
Red Bank,
New Jersey
|
-$392K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Neuberger Berman Group
New York
| – | -$8.39M | -2,446,300 | Closed |
|
|
MSU
77
Maple Securities USA
Jersey City,
New Jersey
| – | -$188K | -54,894 | Closed |
|
|
LMF
78
LMR Master Fund
Grand Cayman,
Cayman Islands
| – | -$174K | -50,863 | Closed |
|
79
D.E. Shaw & Co
New York
| – | -$125K | -36,354 | Closed |
|
80
Millennium Management
New York
| – | -$100K | -29,205 | Closed |
|
|
SCA
81
SAC Capital Advisors
Stamford,
Connecticut
| – | -$64K | -18,783 | Closed |
|
|
NFA
82
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$63K | -18,500 | Closed |
|
|
CC
83
Callan Capital
La Jolla,
California
| – | -$46K | -13,500 | Closed |
|
|
DTL
84
Dynamic Technology Lab
Singapore
| – | -$35K | -10,228 | Closed |
|
|
BG
85
BlackRock Group
London,
United Kingdom
| – | -$25K | -7,382 | Closed |
|
|
BWM
86
Baystate Wealth Management
Boston,
Massachusetts
| – | -$10K | -3,000 | Closed |
|
|
PFO
87
Pathstone Family Office
Englewood,
New Jersey
| – | -$1K | -272 | Closed |
|
EXK Hedge Fund Activity: Q3 2013 in Review
75 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Endeavour Silver (EXK) for Q3 2013, worth a combined $105M — up 20% from $87.3M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of EXK and 7 opened new positions — a net loss of 7 holders — while 28 trimmed existing stakes and 29 added.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $5.06M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $8.39M sold.
- 75 institutional investors held Endeavour Silver (EXK) as of Q3 2013, down from 84 in Q2 2013.
- Funds reported $105M of Endeavour Silver stock for Q3 2013, up 20% quarter-over-quarter.
- 7 funds opened new Endeavour Silver positions in Q3 2013 and 14 closed out, a net change of -7 holders.
- The largest Endeavour Silver buyer in Q3 2013 was Polar Asset Management Partners, an estimated $5.06M added.
- The largest Endeavour Silver seller in Q3 2013 was Neuberger Berman Group, an estimated $8.39M sold.
Based on aggregated 13F filings for Q3 2013.