MAG Silver
MAG was delisted on the 3rd of September, 2025.
123 hedge funds and large institutions have $683M invested in MAG Silver in 2021 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 38 reducing their positions, and 13 closing their positions.
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
0% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 38
1% less funds holding
Funds holding: 124 → 123 (-1)
3% less call options, than puts
Call options by funds: $25.3M | Put options by funds: $26.1M
1.79% less ownership
Funds ownership: 46.17% → 44.38% (-1.8%)
25% less capital invested
Capital invested by funds: $915M → $683M (-$232M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$6.49M |
| 2 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
+$2.65M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.33M |
| 4 |
Renaissance Technologies
New York
|
+$2.18M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$29.1M |
| 2 |
DC
Davenport & Co
Richmond,
Virginia
|
-$10.6M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$4.47M |
| 4 |
VanEck Associates
New York
|
-$4.46M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$1.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
126
Driehaus Capital Management
Chicago,
Illinois
| – | -$462K | -22,089 | Closed |
|
|
MHP
127
Manatuck Hill Partners
Westport,
Connecticut
| – | -$418K | -20,000 | Closed |
|
|
VF
128
Virtu Financial
New York
| – | -$317K | -15,151 | Closed |
|
|
ACM
129
AlphaCrest Capital Management
New York
| – | -$289K | -13,812 | Closed |
|
130
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$200K | -9,607 | Closed |
|
|
SPIA
131
Steward Partners Investment Advisory
New York
| – | -$196K | -9,392 | Closed |
|
|
PGWM
132
Parisi Gray Wealth Management
Mendham,
New Jersey
| – | -$13K | -600 | Closed |
|
133
Optiver Holding
Amsterdam,
Netherlands
| – | -$12K | -560 | Closed |
|
|
FHA
134
First Horizon Advisors
Memphis,
Tennessee
| – | -$10K | -500 | Closed |
|
|
ASN
135
Advisory Services Network
Atlanta,
Georgia
| – | -$9K | -440 | Closed |
|
|
SJIM
136
St. Johns Investment Management
Jacksonville,
Florida
| – | -$5K | -258 | Closed |
|
|
TWA
137
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -100 | Closed |
|
MAG Hedge Fund Activity: Q3 2021 in Review
123 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in MAG Silver (MAG) for Q3 2021, worth a combined $683M — down 25% from $915M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MAG positions and 13 closed out — a net gain of 1 holder — while 38 added to existing stakes and 38 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $6.49M. The largest seller was ETF Managers Group, cutting an estimated $29.1M.
- 123 institutional investors held MAG Silver (MAG) as of Q3 2021, down from 124 in Q2 2021.
- Funds reported $683M of MAG Silver stock for Q3 2021, down 25% quarter-over-quarter.
- 14 funds opened new MAG Silver positions in Q3 2021 and 13 closed out, a net change of +1 holder.
- The largest MAG Silver buyer in Q3 2021 was Mackenzie Financial, an estimated $6.49M added.
- The largest MAG Silver seller in Q3 2021 was ETF Managers Group, an estimated $29.1M sold.
Based on aggregated 13F filings for Q3 2021.