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MAG

MAG Silver

Delisted

MAG was delisted on the 3rd of September, 2025.

122 hedge funds and large institutions have $629M invested in MAG Silver in 2022 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 42 increasing their positions, 35 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

134% more call options, than puts

Call options by funds: $20M | Put options by funds: $8.54M

22% more capital invested

Capital invested by funds: $517M → $629M (+$112M)

20% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 35

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.2% less ownership

Funds ownership: 42.21%41.01% (-1.2%)

2% less funds holding

Funds holding: 124122 (-2)

11% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 18

Holders
122
Holders Change
-2
Holders Change %
-1.61%
% of All Funds
1.96%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
16
Increased
42
Reduced
35
Closed
18
Calls
$20M
Puts
$8.54M
Net Calls
+$11.4M
Net Calls Change
-$3.3M
Name Holding Trade Value Shares
Change
Change in
Stake
SI
1
Sprott Inc
Ontario, Canada
$81.2M +$840K +57,673 +1%
First Eagle Investment Management
2
First Eagle Investment Management
New York
$79.9M +$507K +34,818 +0.7%
VanEck Associates
3
VanEck Associates
New York
$60.7M +$588K +40,414 +1%
EPIM
4
Equinox Partners Investment Management
Connecticut
$48.1M -$56.8K -3,900 -0.1%
JAM
5
Jupiter Asset Management
United Kingdom
$39.3M
Mirae Asset Global Investments
6
Mirae Asset Global Investments
South Korea
$39.2M -$509K -34,957 -1%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$32.8M +$505K +34,681 +2%
Mackenzie Financial
8
Mackenzie Financial
Ontario, Canada
$24.3M -$3.24M -222,672 -13%
GGHC
9
Gilder Gagnon Howe & Co
New York
$21M -$141K -9,685 -0.7%
JP Morgan Chase
10
JP Morgan Chase
New York
$16.3M -$670K -46,017 -4%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$13.5M +$6.41M +440,000 +104%
Connor, Clark & Lunn Investment Management (CC&L)
12
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$13.1M +$4.48M +307,688 +58%
TD Asset Management
13
TD Asset Management
Ontario, Canada
$11.5M +$2.17M +148,814 +25%
BlackRock
14
BlackRock
New York
$11M +$454K +31,188 +5%
Invesco
15
Invesco
Georgia
$10.4M -$10.4M -715,000 -52%
DZ Bank
16
DZ Bank
Germany
$7.8M -$728K -50,000 -9%
Jennison Associates
17
Jennison Associates
New York
$7.75M +$630K +43,264 +10%
Fiera Capital (Canada)
18
Fiera Capital (Canada)
Quebec, Canada
$6.96M -$169K -11,600 -3%
CC
19
Cannell & Co
New York
$6.53M +$2.22M +152,200 +57%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$5.77M +$1.24M +85,446 +30%
OC
21
Oppenheimer & Co
New York
$5.42M -$23.1K -1,585 -0.5%
Citadel Advisors
22
Citadel Advisors
Florida
$5.01M -$1.21M -83,167 -21%
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$4.61M -$2.29M -157,383 -35%
IIM
24
Intact Investment Management
Quebec, Canada
$3.9M -$746K -51,200 -17%
CU
25
CQS (US)
New York
$3.66M

MAG Hedge Fund Activity: Q4 2022 in Review

122 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in MAG Silver (MAG) for Q4 2022, worth a combined $629M — up 22% from $517M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of MAG and 16 opened new positions — a net loss of 2 holders — while 35 trimmed existing stakes and 42 added.

The largest buyer was 1832 Asset Management, adding an estimated $6.41M. The largest seller was Invesco, cutting an estimated $10.4M.

  • 122 institutional investors held MAG Silver (MAG) as of Q4 2022, down from 124 in Q3 2022.
  • Funds reported $629M of MAG Silver stock for Q4 2022, up 22% quarter-over-quarter.
  • 16 funds opened new MAG Silver positions in Q4 2022 and 18 closed out, a net change of -2 holders.
  • The largest MAG Silver buyer in Q4 2022 was 1832 Asset Management, an estimated $6.41M added.
  • The largest MAG Silver seller in Q4 2022 was Invesco, an estimated $10.4M sold.

Based on aggregated 13F filings for Q4 2022.