Endeavour Silver
69 hedge funds and large institutions have $125M invested in Endeavour Silver in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 20 closing their positions.
50% more capital inflows, than outflows
Capital inflows: $27.6M | Capital outflows: $18.3M
13% more call options, than puts
Call options by funds: $746K | Put options by funds: $660K
1.17% more ownership
Funds ownership: 29.56% → 30.74% (+1.2%)
13% less funds holding
Funds holding: 79 → 69 (-10)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$19.5M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.73M |
| 3 |
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$1.25M |
| 4 |
Intact Investment Management
Montreal,
Quebec, Canada
|
+$845K |
| 5 |
Global X Management Company
New York
|
+$780K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$2.88M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$2.76M |
| 3 |
Goldman Sachs
New York
|
-$2.4M |
| 4 |
Millennium Management
New York
|
-$2.25M |
| 5 |
Jane Street
New York
|
-$2.05M |
EXK Hedge Fund Activity: Q1 2017 in Review
69 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Endeavour Silver (EXK) for Q1 2017, worth a combined $125M — down 6.1% from $133M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of EXK and 11 opened new positions — a net loss of 9 holders — while 25 trimmed existing stakes and 20 added.
The largest buyer was VanEck Associates, adding an estimated $19.5M. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $2.88M sold.
- 69 institutional investors held Endeavour Silver (EXK) as of Q1 2017, down from 79 in Q4 2016.
- Funds reported $125M of Endeavour Silver stock for Q1 2017, down 6.1% quarter-over-quarter.
- 11 funds opened new Endeavour Silver positions in Q1 2017 and 20 closed out, a net change of -9 holders.
- The largest Endeavour Silver buyer in Q1 2017 was VanEck Associates, an estimated $19.5M added.
- The largest Endeavour Silver seller in Q1 2017 was Hillsdale Investment Management, an estimated $2.88M sold.
Based on aggregated 13F filings for Q1 2017.